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NCL

Northann Corp. (NYSE:NCL) has entered into a strategic cross-licensing agreement with I4F, a provider of patents and technologies for the flooring industry. This partnership aims to leverage both companies' strengths in digital printing technology to foster innovation and reduce manufacturing costs in the flooring industry. Northann Corp. plans to manufacture its 3D printing ecosystem with digital printing production lines in the United States, which is expected to significantly reduce production costs and strengthen its position in the industry.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:01 pm

BABA

Alibaba shares are trading higher following co-founder Jack Ma's reported support for the company's leadership and restructuring efforts.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:01 pm

BABA

CGRO

PDD

PGJ

Alibaba Group Holding Limited (NYSE:BABA) is undergoing significant restructuring under Jack Ma's guidance, aiming to rejuvenate the company. Ma's support and positive remarks on an internal forum, contrasting his previous critique, have boosted employee morale and the stock price. Alibaba is also expanding its global presence through AliExpress with a '10 billion yuan of subsidies' campaign to attract Chinese brands and merchants. Despite a 26% stock plunge over the last 12 months, BABA shares rose 2.86% in premarket trading. Investors can also gain exposure through Invesco Golden Dragon China ETF (NASDAQ:PGJ) and Tidal Trust II CoreValues Alpha Greater China Growth ETF (NYSE:CGRO).

Portfolio Pulse from Anusuya Lahiri

April 10, 2024 | 11:39 am

SPSC

SPS Commerce has acquired the SAP B1 SPS Integration Technology from Vision33, enhancing its capabilities in EDI system automation. This strategic acquisition is expected to strengthen SPS Commerce's position in the market by expanding its technology offerings and potentially increasing its customer base.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:36 am

DFLI

Dragonfly Energy has announced the results of a cost and sustainability assessment, showcasing significant improvements in both areas due to its patented dry electrode battery manufacturing process. This innovation could potentially lower production costs and enhance the sustainability of battery manufacturing, positioning Dragonfly Energy as a leader in the energy storage sector.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:32 am

JAGX

Jaguar Health's stock is trading higher following the approval of all proposals at its April 2024 Special Meeting of Stockholders. The company also announced it will not be implementing a reverse stock split at this time.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:27 am

HOOK

HOOKIPA Pharma announced an investor call to summarize positive regulatory interactions with the U.S. FDA and the European Medicines Agency (EMA), indicating progress in their drug development and approval process.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:10 am

DNA

Ginkgo Bioworks has received a grant from the Bill & Melinda Gates Foundation to develop an open-access, AI-powered measles forecasting model. This initiative aims to support proactive public health actions.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:08 am

HLNE

Hamilton Lane (NASDAQ:HLNE), a leading private markets investment management firm, has expanded its presence in Canada by relocating to a larger office in Toronto's Financial District. This move is to accommodate a growing team and client base as more Canadian investors seek access to the private markets.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:04 am

CGEN

Compugen announced the publication of a paper in Cancer Immunology Research, showcasing the therapeutic potential of COM503 in cancer treatment. This development could signal significant progress in the company's oncology pipeline and potentially enhance its market position.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:02 am