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ECOR

electroCore, Inc. (NASDAQ:ECOR) has been granted a U.S. patent for systems and methods to treat PTSD using vagal nerve stimulation. The patent, U.S. Patent No. 11,865,329, covers the application of electrical impulses to the vagus nerve for 90 seconds to 3 minutes, which may consist of bursts of 2 to 20 pulses.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:10 pm

BA

COIN

JNPR

Analysts predict Bitcoin ETFs could face premiums up to 8% amid high anticipation and lobbying efforts for approval. Cathie Wood's ARK Invest halts Coinbase selling and invests $8M in a chip giant. Emirates President highlights Boeing's quality control issues after a 737 Max 9 incident. Jim Cramer believes Bitcoin is topping out as ETF approval nears. Solana-based meme coin Bonk surges 30%. Former SEC Chair Jay Clayton sees Bitcoin ETF approval as inevitable. Juniper Networks' stock surges on news of a potential $13B acquisition by Hewlett Packard Enterprise.

Portfolio Pulse from Akanksha Bakshi

January 09, 2024 | 12:47 pm

NUWE

Nuwellis has been granted a U.S. patent (#11865302) for an extracorporeal blood filtering machine and methods. This patent could potentially enhance the company's product portfolio and provide a competitive edge in the medical device market. The patent grant may also open up new opportunities for partnerships or licensing agreements, and it could serve as a barrier to entry for competitors.

Portfolio Pulse from Charles Gross

January 09, 2024 | 12:14 pm

CYN

Cyngn Inc. has been granted its 18th US patent, US-11,837,090-B2, for adaptive traffic rule-based decision making in autonomous driving. This technology is designed to optimize driving decisions for autonomous vehicles when faced with multiple environmental rules or constraints.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 12:09 pm

TSLA

Elon Musk and Mark Cuban engaged in a social media debate over diversity and inclusion (DEI) practices, with Musk criticizing DEI mandates in the airline industry and calling Cuban a racist. The debate reflects contrasting views on DEI initiatives, with Cuban defending them as a means to uncover untapped talent and Musk appearing skeptical. The discussion follows the departure of Claudine Gay from Harvard and is part of a broader conversation on DEI.

Portfolio Pulse from Navdeep Yadav

January 09, 2024 | 11:53 am

CRRFY

PEP

PepsiCo Inc (NASDAQ:PEP) clarified that it initiated the breakup with Carrefour (OTC:CRRFY), contrary to previous reports. The split is due to a deadlock in contract negotiations over price increases. PepsiCo's decision to stop supplying Carrefour's European stores is a response to Carrefour's announcement to stop selling PepsiCo products in France, Italy, Spain, and Belgium. The dispute is significant as it involves approximately 0.25% of PepsiCo's global revenue and occurs amidst French government pressure on suppliers to lower prices due to high food inflation.

Portfolio Pulse from Benzinga Neuro

January 09, 2024 | 11:37 am

FBRX

Funicular Funds reported in an amended 13D filing that Forte Biosciences filed a legal action against Jacob Ma-Weaver and Funicular Funds on Oct 28, 2023. Funicular Funds, which holds a 5.59% stake in Forte Biosciences, believes the allegations are baseless and without merit.

Portfolio Pulse from Charles Gross

January 09, 2024 | 11:20 am

LIXT

Lixte Biotechnology has been granted a U.S. patent (#11866444) for oxabicycloheptane prodrugs. This patent strengthens the company's intellectual property portfolio and could potentially enhance its market position by protecting its novel drug developments. The patent grant is a positive development for Lixte Biotechnology, as it may provide a competitive edge in the biotech industry and could lead to partnerships or licensing deals in the future.

Portfolio Pulse from Charles Gross

January 09, 2024 | 10:36 am

GRFS

Grifols has responded to allegations made by Gotham City Research about the company's accounting and financial disclosure practices, categorically denying any wrongdoing. Grifols emphasizes its commitment to transparency and ethical conduct, stating that all significant transactions are fully disclosed and audited by a big-four firm, which has consistently issued unqualified audit reports.

Portfolio Pulse from Charles Gross

January 09, 2024 | 10:27 am

DIS

SONY

Zee Entertainment has reportedly missed a $200 million payment deadline for cricket broadcasting fees owed to Disney. The missed payment could have implications for both companies, potentially affecting their financials and stock performance.

Portfolio Pulse from Charles Gross

January 09, 2024 | 10:07 am