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Stock Prices

WVE

Wave Life Sciences shares rose following the release of positive interim data from its Phase 2 FORWARD-53 study of WVE-N531 for Duchenne muscular dystrophy.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:29 pm

RUN

TOL

Sunrun Inc (NASDAQ:RUN) shares rose after announcing a national partnership with Toll Brothers Inc (NYSE:TOL) to provide solar power and storage to Toll Brothers homes. Sunrun will be the exclusive solar provider for Toll Brothers homes in California and has a preferred agreement for other divisions. Morgan Stanley maintained an Overweight rating on Sunrun with a $35 price target.

Portfolio Pulse from Adam Eckert

September 24, 2024 | 1:26 pm

F

FTXR

RDIV

Ford Motor Company has opened orders for the 2025 F-Series Super Duty truck, featuring new design options and premium packages. Ford shares are trading higher in premarket. The stock has lost over 13% in the past year, but investors can gain exposure through ETFs like FTXR and RDIV.

Portfolio Pulse from Nabaparna Bhattacharya

September 24, 2024 | 1:26 pm

SLXN

Silexion Therapeutics Corp. (NASDAQ:SLXN) stock surged over 21% in pre-market trading following promising Phase 2 trial results for its pancreatic cancer treatment, LODER. The trial showed a 56% objective response rate, with a 67% rate in previously non-resectable tumors becoming resectable. The company is also developing SIL-204, targeting a broader range of KRAS mutations.

Portfolio Pulse from Vandana Singh

September 24, 2024 | 1:25 pm

SNOW

Snowflake Inc (NYSE:SNOW) shares are trading lower after announcing a private placement of $2 billion in convertible senior notes. The proceeds will be used for capped call transactions, stock repurchase, and general corporate purposes.

Portfolio Pulse from Adam Eckert

September 24, 2024 | 1:24 pm

SFWL

Shengfeng Development's shares rose following the renewal of its logistics services contract with BYD, indicating positive investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:23 pm

BABA

FXI

KWEB

LI

NIO

XPEV

Chinese stocks, including Alibaba, NIO, XPeng, and Li Auto, rose after China's central bank cut the reserve requirement ratio and the seven-day reverse repurchase rate. This move, along with a recent U.S. Fed rate cut, is expected to boost growth. Investors can gain exposure through ETFs like FXI and KWEB.

Portfolio Pulse from Anusuya Lahiri

September 24, 2024 | 1:22 pm

NA

Nano Labs shares are trading higher following the announcement of a proposed 10-for-1 share consolidation program, which will be voted on at the 2024 annual shareholders meeting next month.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:22 pm

FAAS

DigiAsia's shares surged following the announcement of a $400 million acquisition by PayMate, as the companies entered into a binding term sheet.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:16 pm

BABA

EWH

FXI

JD

KWEB

LI

MCHI

NIO

Chinese stocks and U.S.-listed ETFs investing in Chinese equities surged following a major monetary stimulus from the People's Bank of China, which included cuts to the reserve requirement ratio and repo rates. This move is seen as a proactive step to address economic slowdown concerns.

Portfolio Pulse from Piero Cingari

September 24, 2024 | 1:15 pm