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SRCL

Trading for SRCL was halted at 6:58:30 a.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 10:58 am

BTCUSD

Bitcoin has broken the $69,000 mark, with analysts predicting further upward momentum if it closes above the $69,330 resistance level. Prominent analysts highlight the importance of this resistance level and the potential for Bitcoin to reach $74,400. The strong performance of altcoins and significant demand zones are also noted.

Portfolio Pulse from Khyathi Dalal

June 03, 2024 | 10:56 am

MSFT

Microsoft Corp. (NASDAQ:MSFT) plans to invest $3.21 billion in AI and cloud infrastructure in Sweden over the next two years. The initiative includes training 250,000 Swedes in AI skills and deploying 20,000 advanced GPUs at data centers in Sandviken, Gavle, and Staffanstorp. This move underscores Microsoft's commitment to AI adoption in the Nordic region.

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 10:55 am

KALV

KalVista Pharmaceuticals (NASDAQ:KALV) presented real-world data on HAE treatments and patient experiences at the EAACI Congress 2024. The data highlighted various aspects of HAE treatment, including reasons for untreated attacks, patient perceptions of treatment timing, anxiety associated with on-demand treatment, benefits of early treatment, and anticipated future oral therapies.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 10:36 am

CLDT

Chatham Lodging Trust (NYSE:CLDT) reported a strong 5% RevPAR growth through May, exceeding its second quarter guidance of 2.5% to 4.0%. Key markets like Silicon Valley and Bellevue saw significant growth, with other strong markets including Cherry Creek, Dallas, Greater New York, San Antonio, and San Diego.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 10:35 am

AGIO

Agios Pharmaceuticals announced that its Phase 3 ENERGIZE-T study of mitapivat in adults with transfusion-dependent thalassemia met its primary and key secondary endpoints, showing significant reduction in transfusion burden compared to placebo.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 10:32 am

TM

Toyota Motor Corporation (NYSE:TM) has temporarily halted shipments and sales of three models in Japan due to falsified safety data. The affected models are the Corolla Fielder, Corolla Axio, and Yaris Cross. This decision follows an internal investigation and instructions from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). Despite no performance issues, Toyota has opted for this halt to maintain trust and compliance.

Portfolio Pulse from Benzinga Neuro

June 03, 2024 | 10:28 am

TSLA

Tesla's mobile app tops the charts for customer satisfaction among EV owners, but increasing usage is causing connection issues. Despite this, the app's availability significantly influences Tesla purchase decisions.

Portfolio Pulse from Anan Ashraf

June 03, 2024 | 10:20 am

IDU

NETZ

SRCL

WM

Waste Management Inc (NYSE:WM) is nearing a $7 billion deal to acquire Stericycle Inc (NASDAQ:SRCL), a medical-waste-disposal company. The acquisition, which includes Stericycle's $1 billion debt, could be announced soon. This move would enhance Waste Management's capabilities in the medical-waste-disposal sector. Stericycle's stock has risen over 18% in the last 12 months, while Waste Management's stock has gained more than 27%. Investors can gain exposure to Waste Management via IShares U.S. Utilities ETF (NYSE:IDU) and TCW Transform Systems ETF (NYSE:NETZ).

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 10:14 am

NVDA

Nvidia's stock surged 3% in premarket trading following a compelling presentation by CEO Jensen Huang at Computex 2024. The presentation highlighted the next-gen AI accelerator Rubin, AI factories, and Nvidia Inference Micro Services. Analyst Pierre Ferragu praised the keynote, contributing to Nvidia's stock performance.

Portfolio Pulse from Shanthi Rexaline

June 03, 2024 | 10:10 am