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WLDS

Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW), an AI-powered touchless sensing wearables company, has announced the opening of a new U.S. office in Redwood City, California, to expand its presence in North America. The Silicon Valley location will enable the company to engage more closely with the tech community and respond to the needs of North American customers. The expansion is expected to foster growth and innovation, particularly for the Mudra Band, and enhance customer service and business relations in the region.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:21 pm

IMMP

Immutep Limited has received a €1.6 million (approximately A$2.6 million) R&D tax incentive payment from the French Government under the Crédit d'Impôt Recherche scheme for eligible R&D activities conducted in the EU during 2022. This follows a previous A$1.13 million cash rebate from the Australian Federal Government for R&D activities in financial year 2022. The funds will support clinical development of eftilagimod alpha and preclinical development of IMP761.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:16 pm

GIS

General Mills (NYSE:GIS) has seen a decrease in short interest, with the short percent of float dropping 5.48% since the last report. The company has 12 million shares sold short, representing 2.07% of available shares. The current short interest is lower than the peer group average of 4.99%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 1:15 pm

CVI

CVR Energy has announced a private placement offering of $600 million in aggregate principal amount of senior unsecured notes due in 2029. This move is aimed at raising capital, potentially for corporate activities such as refinancing existing debt, funding capital expenditures, or other corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:00 pm

RGEN

Repligen Corporation has entered into private exchange and new subscription agreements for $600 million of 1.00% convertible senior notes due 2028. This financial maneuver allows investors to convert debt into equity, potentially diluting current shareholders but also providing capital for the company without immediate repayment obligations.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:31 pm

BTCUSD

Over 1,000 'Satoshi-era' bitcoins, mined between 2009 and 2011 and dormant since 2010, were moved to trading platforms and custody solutions, with a current market value of $43 million. This follows a November event where three dormant Bitcoin wallets from the same era moved $230 million worth of Bitcoin. The recent transfer involved dispersing the bitcoins to various addresses. Bitcoin is trading at $43,698, down 0.78% over the last 24 hours.

Portfolio Pulse from Mehab Qureshi

December 07, 2023 | 12:30 pm

TALO

Talos Energy Inc. has provided an operational update, announcing that it expects first production from its Venice and Lime Rock discoveries to commence ahead of schedule by the end of 2023. This news indicates a positive development for the company's production capabilities and could potentially lead to increased investor confidence in its operational efficiency and project management.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:17 pm

AEI

TPHS

Trinity Place Holdings Inc. (NYSE:TPHS) and Alset Inc. (NASDAQ:AEI) are highlighted as the top 2 oversold real estate stocks this quarter, with RSI values below 30 indicating potential undervaluation. TPHS's stock dropped around 18% over the past five days, while AEI's stock fell more than 16% over the past month.

Portfolio Pulse from Avi Kapoor

December 07, 2023 | 12:17 pm

CYN

Cyngn Inc., an AI-powered autonomous driving solutions developer, has been granted its 17th US patent, US-11,837,089-B2. The patent covers a novel modular extensible behavioral decision system for autonomous vehicles, which takes into account environmental elements to inform the vehicle's decision-making process.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 12:08 pm

ARKK

BLK

GBTC

U.S. Bitcoin ETF issuer's discussions with the SEC have progressed to focus on key details, indicating a potential advancement towards the approval of a Bitcoin ETF, according to Reuters citing sources.

Portfolio Pulse from Charles Gross

December 07, 2023 | 11:07 am