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BNTC

Benitec Biopharma reported positive interim results from its Phase 1b/2a study of BB-301, showing significant improvements in swallowing for two subjects. A conference call is scheduled for October 14 to discuss these findings.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:29 am

ALRN

Aileron Therapeutics is set to present Phase 1b trial data on LTI-03 for idiopathic pulmonary fibrosis at the 22nd Lung Fibrosis Colloquium. The data from Cohort 1 shows positive trends in seven of eight biomarkers, suggesting a potential therapeutic effect. Cohort 2 has recently completed enrollment, with topline data expected soon.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:27 am

VWAGY

Volkswagen's EV sales dropped 10% in Q3, with significant declines in the US and EU, but a 5% increase in China. The company plans to boost sales with new models in the coming months.

Portfolio Pulse from Anan Ashraf

October 14, 2024 | 7:24 am

CME

CME Group reported a significant increase in average daily volume (ADV) for Q3 2024, reaching 8.4 million contracts. This growth was driven by a 30% increase in the EMEA region and a 28% increase in the APAC region.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:16 am

NVDA

Nvidia CEO Jensen Huang praised Elon Musk for xAI's rapid construction of a supercluster using 100,000 Nvidia GPUs, highlighting Musk's engineering prowess. This achievement underscores the strong relationship between Musk and Huang.

Portfolio Pulse from Ananya Gairola

October 14, 2024 | 7:16 am

PSNY

Polestar Automotive (NASDAQ:PSNY) is reviewing its strategy and operations after a 15% drop in Q3 deliveries. The company plans to update its business strategy in January 2025 and aims for cash flow break-even by the end of 2025. Polestar is engaging with lenders and has $669 million in cash.

Portfolio Pulse from Anan Ashraf

October 14, 2024 | 6:20 am

BTCUSD

Mark Cuban and Max Keiser criticized Donald Trump's decision to sell tokens for his cryptocurrency project, World Liberty Financial (WLFI). Cuban labeled it a 'pump scheme,' while Keiser said Trump failed a 'Bitcoin IQ test.' The project aims to raise $300 million by selling 20% of WLFI tokens.

Portfolio Pulse from Aniket Verma

October 14, 2024 | 5:49 am

FXI

China's Producer Price Index (PPI) for September fell by 2.8% year-over-year, which is a larger decline than the estimated 2.5% and the previous month's 1.8% decrease. This indicates continued deflationary pressures in China's industrial sector.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:32 am

FXI

China's Consumer Price Index (CPI) for September increased by 0.4% year-over-year, falling short of the estimated 0.6% and the previous month's 0.6%. This indicates a slower pace of inflation in China.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:32 am

GOOGL

TSLA

UBER

Gary Black from Future Fund LLC doubts Tesla's Cybercab can outperform Uber due to its current 97% autonomous driving efficacy. Tesla's Cybercab, unveiled recently, is priced under $30,000 but may not be ready until 2026 or 2027. Meanwhile, Uber is advancing its EV transition and partnering with Waymo for autonomous ride-hailing.

Portfolio Pulse from Ananya Gairola

October 14, 2024 | 2:50 am