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IMNN

Imunon announced that its abstract on a Phase 2 study with IMNN-001 in combination with Bevacizumab has been accepted for presentation at the ASCO Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:44 pm

SOWG

Sow Good reported a significant improvement in its financial performance for Q1 2024, with EPS rising to $0.06 from $(0.29) YoY and revenue increasing to $11.41M from $198,930 YoY. The growth was driven by the company's pivot to selling freeze-dried candy and expanded production capacity. Despite higher operating expenses and lower gross margins due to increased scale, the company achieved a net income of $510.6K compared to a net loss of $(1.4) million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:44 pm

NIO

Nio Inc. (NYSE:NIO) has announced that its new sub-brand Onvo, which will focus on mass-market EVs, will be led by former Disney executive Ai Tiecheng. Onvo's first EV, the L60 SUV, is designed to compete with Tesla's Model Y and is expected to launch globally by the end of the year.

Portfolio Pulse from Anan Ashraf

May 15, 2024 | 12:43 pm

JPYUSD

JPY/USD is trading higher following softer-than-expected April US CPI data.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:39 pm

ATOS

Atossa Therapeutics announced that the last patient in its Phase 2 Karisma-Endoxifen clinical trial has received their final dose. The company focuses on developing innovative medicines for oncology, particularly breast cancer.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:39 pm

QQQ

UUP

US inflation data for April met expectations, breaking a three-month streak of higher-than-expected readings. This has bolstered hopes for a Federal Reserve rate cut. The Consumer Price Index (CPI) showed a year-over-year increase of 3.4%, while core CPI inflation eased to 3.6%. Market reactions included a drop in Treasury yields, a weakening US dollar, and gains in stock futures, with the Nasdaq 100 index closing at an all-time high.

Portfolio Pulse from Piero Cingari

May 15, 2024 | 12:38 pm

EVGO

FTHM

SCKT

Insiders have recently bought shares in Fathom Holdings, EVgo, and Socket Mobile, indicating their confidence in these companies. Fathom Holdings posted downbeat quarterly results, while EVgo and Socket Mobile reported better-than-expected earnings.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 12:38 pm

PBR

Brazil President Lula has fired the CEO of Petrobras following a dispute over dividend payments. This decision could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:37 pm