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NRIX

Nurix Therapeutics Inc (NASDAQ:NRIX) presented updated clinical data for NX-5948, a BTK degrader, showing promising results in a Phase 1a/b trial for relapsed or refractory B-cell malignancies. The data revealed a 69.2% objective response rate in CLL patients and well-tolerated safety profile. JP Morgan and Needham have positive ratings on NRIX.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 3:47 pm

RRX

Regal Rexnord (NYSE:RRX) has seen a 51.74% increase in its short percent of float, now at 2.61% of all regular shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 10.42%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:45 pm

ALLG

Allego (NYSE:ALLG) shares surged on Monday after its majority shareholder, Meridiam, announced a tender offer for all outstanding shares at $1.70 each, a 131% premium. Post-tender, Allego will delist from the NYSE. Meridiam also committed to long-term support for Allego's growth.

Portfolio Pulse from Dylan Berman

June 17, 2024 | 3:43 pm

DELL

Michael Dell, Founder & CEO of Dell, discussed the company's performance and enthusiasm for AI on CNBC.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:33 pm

BLK

GME

zer0es.tv's latest episode of ZFG covers GameStop, Citadel and BlackRock's investment in TXSE, and geopolitical tensions in North and South Korea.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:31 pm

NUE

Nucor (NYSE:NUE) has outperformed the market over the past 20 years, achieving an average annual return of 10.96%. A $100 investment in NUE 20 years ago would be worth $806.13 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:30 pm

IR

Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years with an average annual return of 22.08%, significantly boosting investor returns. A $1000 investment in IR stock 5 years ago would be worth $2,650.04 today.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 3:30 pm

PFE

Kansas has filed a lawsuit against Pfizer, alleging misrepresentations and adverse effects related to its COVID-19 vaccine. The state claims that Pfizer provided misleading information about the vaccine's safety and efficacy.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:28 pm

FXI

KWEB

MCHI

China's housing market continued to decline in May, with manufacturing also falling short of expectations. Despite better-than-expected retail sales, consumer spending remains below pre-pandemic levels. The People's Bank of China maintained a key interest rate for the 10th month to support the yuan. U.S.-traded China ETFs showed mixed performance.

Portfolio Pulse from Michael Juliano

June 17, 2024 | 3:23 pm

FCX

Freeport-McMoRan shares are trading lower due to a decline in copper prices.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:22 pm