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SWIN

SOLOWIN HOLDINGS (NASDAQ:SWIN) announced its expansion into the Private Wealth Management business through its new Hong Kong subsidiary, Solomon Private Wealth Limited. The company aims to serve high-net-worth individuals, family offices, and trusts with a range of wealth management services. This move is supported by the opening of a new office in Hong Kong's International Commerce Center, reflecting SOLOWIN's commitment to diversifying its services and catering to next-generation investors.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:16 pm

BTCUSD

ETHUSD

SPY

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed trading signals, with Ethereum completing the 'Dencun' upgrade. Dogecoin's value may rise as Tesla considers accepting it for payments. Hacken's market cap reaches $57M after unveiling a tokenized share offering. Bitcoin critic Peter Schiff expresses regret over not investing in Bitcoin earlier. Crypto miners see record profits amid a Bitcoin rally. US markets see mixed movements with Hello Group and others moving lower. Political and global events include potential lawsuits, defense decisions, and tech partnerships. Electric vehicle market updates include Tesla's plans and competition from Polestar. Consumer, communication, healthcare, general news, space, and energy sectors also see significant updates.

Portfolio Pulse from Akanksha Bakshi

March 14, 2024 | 1:13 pm

YMAB

Y-mAbs Therapeutics, Inc. (NASDAQ:YMAB), a commercial-stage biopharmaceutical company, announced the resignation of CFO Bo Kruse. Kruse will remain until a successor is found and will assist in the transition until July 31, 2024. The company is in search of a new CFO and aims for a smooth transition. Kruse's departure is amicable, with acknowledgments of his contributions to Y-mAbs' growth and financial independence.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:06 pm

NURO

NeuroMetrix has published a study showing that its DPNCheck product is effective in diagnosing Diabetic Peripheral Neuropathy, a common complication of diabetes.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:01 pm

FMST

Foremost Lithium CEO Jason Barnard stated that the current slump in lithium prices is temporary and raising capital is challenging due to high interest rates affecting EV growth expectations. Despite this, long-term demand for lithium remains strong, supported by government initiatives in North America to strengthen domestic supply chains for EV minerals. Foremost Lithium (NASDAQ:FMST) is seeking CAD 10 million from Canada's Critical Mineral Infrastructure Fund for a project in Manitoba and has commenced drilling at its Jean Lake property.

Portfolio Pulse from Matt Whittaker

March 14, 2024 | 12:43 pm

QTI

QT Imaging Holdings has delivered a Breast Acoustic CT Scanner for a study on early identification of breast cancer patients' response to neoadjuvant chemotherapy. This is part of a collaboration with Sunnybrook Health Sciences Centre, The University of Illinois, and funded by a five-year NIH/NCI grant.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:38 pm

WGS

GeneDx (NASDAQ:WGS) announced its participation in the 2024 American College of Medical Genetics Annual Meeting, showcasing its genomic insights. The company will present data demonstrating the clinical superiority of its exome sequencing over chromosomal microarray (CMA), including a nearly three times higher diagnostic yield and nearly 99% concordance in detecting copy number variants (CNVs). GeneDx's new statistical approach predicts the impact of missense variants with 99% precision, aiming to reduce the variants of unknown significance (VUS) rate. The company also focuses on democratizing access to genomic testing and improving patient outcomes by addressing the gap between the medical genetics workforce and genetic testing needs.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:37 pm

SVMH

SRIVARU Holding Limited (NASDAQ: SVMH, SVMHW) is nearing completion of a new EV motorcycle manufacturing facility in Coimbatore, India, expected to be operational by April 2024. The facility, designed for high automation and scalability, will initially produce over 2,000 motorcycles per month, with potential expansion to over 50,000 units annually. This development is part of SRIVARU's strategy to capture a significant share of the global EV motorcycle market, which is anticipated to grow substantially, especially in India.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:32 pm

AMRC

Ameresco, Inc. (NYSE:AMRC) has announced a contract to implement energy efficiency upgrades and emissions reductions at Canadian Forces Base Edmonton, covering 124 buildings. The project aims to save over $2 million annually in energy costs and reduce greenhouse gas emissions by more than 27%. It includes installing LED lighting, upgrading heating systems, and introducing renewable energy sources. The project, creating 125 jobs, is in the design stage with full completion expected by the end of 2026.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:19 pm

HYMC

Hycroft Mining Holding (HYMC) reported a successful 2023 with no lost time accidents, ending the year with $106 million in unrestricted cash. The company also complied with debt covenants and voluntarily pre-paid $38 million of its senior secured debt. Additionally, HYMC maintained Nasdaq compliance through a 1-for-10 reverse stock split and raised $1.1 million through an equity offering.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:05 pm