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IRIX

Iridex Corporation (NASDAQ:IRIX) announced the grant of a European Patent EP 3009093 for its MicroPulse technology, enhancing laser treatments in ophthalmology. This technology minimizes risks associated with traditional laser treatments and is exclusive to Iridex, reinforcing its position in the market.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:03 pm

MYNZ

Mainz Biomed has announced the opening of a new oncology lab in Europe, aimed at enhancing its capabilities in cancer diagnostics and research. This expansion is expected to bolster Mainz Biomed's position in the oncology sector, potentially leading to increased demand for its services and products.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:02 pm

HYZN

Hyzon Motors Inc. (HYZN) and New Way Trucks have entered into a Joint Development Agreement to develop a hydrogen fuel cell powered refuse truck for the North American market. This collaboration aims to leverage Hyzon's expertise in hydrogen fuel cell technology and New Way's position in the refuse vehicle sector to introduce zero-emission heavy-duty fuel cell electric vehicles (FCEVs).

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:37 pm

BA

SPR

SPY

The FAA's Whitaker has emphasized the need for permanent inspectors at Spirit AeroSystems, in addition to Boeing, to ensure compliance and safety standards are met, as reported by CNBC.

Portfolio Pulse from Charles Gross

February 06, 2024 | 12:23 pm

ADM

COCO

FDP

GO

MGPI

The article highlights the top 5 oversold stocks in the consumer staples sector, indicating potential buying opportunities. These stocks, identified by their low Relative Strength Index (RSI) values, include The Vita Coco Company, Inc. (COCO), MGP Ingredients, Inc. (MGPI), Fresh Del Monte Produce Inc. (FDP), Grocery Outlet Holding Corp. (GO), and Archer-Daniels-Midland Company (ADM). Recent company developments and stock performance are discussed for each.

Portfolio Pulse from Avi Kapoor

February 06, 2024 | 12:11 pm

PLUG

Plug Power Inc. has restarted its hydrogen plant in Charleston, Tennessee, increasing the U.S. liquid hydrogen supply by about ten tons per day. The company also made design improvements to boost plant efficiency.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:09 pm

RACE

TSLA

A video shows a Tesla Model S Plaid at Ferrari's Maranello factory, indicating Ferrari's interest in electric vehicles (EVs). Ferrari aims for 60% of its sales to be EVs and hybrids by 2026, with its first electric model expected in 2025. The company is also building a facility for electric motors and battery packs. The Model S Plaid is known for its quick acceleration.

Portfolio Pulse from Anan Ashraf

February 06, 2024 | 10:46 am

CHKP

Gil Shwed, the founder and CEO of Check Point Software, announced the initiation of a succession process to hire a new CEO. Shwed plans to transition to the role of Executive Chairman, focusing on charting the future of Check Point and the cybersecurity market.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:39 am

JPM

JPMorgan Chase aims to expand its physical presence by building 500 new branches within the next three years, with a strategic goal of securing a 20% share of U.S. deposits.

Portfolio Pulse from Charles Gross

February 06, 2024 | 10:32 am

AAPL

Former Apple CEO John Sculley praised the new Apple Vision Pro, comparing its impact to that of the iPhone. He highlighted the device's superior user experience over Meta Platforms' Oculus and commended Tim Cook's team for their work. The Vision Pro, Apple's first new product in seven years, launched in New York City and is seen as a significant addition to Apple's product line, potentially impacting its overall value positively.

Portfolio Pulse from Benzinga Neuro

February 06, 2024 | 8:53 am