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BNZI

Banzai has announced strategic initiatives aimed at improving its net income by up to $13.5 million annually. This will be achieved through a $9.9 million reduction in operational expenses and a $3.6 million reduction in other expenses. The plan includes workforce adjustments, vendor cost-savings, and debt restructuring to extend the company's cash runway and support growth. Banzai will continue investing in its software platform and marketing while enhancing efficiency and scalability.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:34 pm

ARDX

Ardelyx, Inc. (NASDAQ:ARDX) has published a review article in Clinical and Experimental Gastroenterology, discussing the patient burden and therapeutic landscape of IBS-C in the U.S. The article highlights treatment options and the importance of patient-healthcare provider relationships.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:10 pm

META

Meta Platforms Inc. is testing a feature to share Instagram Reels directly on Threads, aiming to boost engagement across its platforms. This integration is part of Meta's strategy to enhance user interaction and content visibility.

Portfolio Pulse from Vandana Singh

October 09, 2024 | 12:06 pm

OLMA

Olema Pharmaceuticals is set to present multiple posters at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics (ENA 2024), highlighting its research and developments in cancer therapeutics.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:16 am

MRK

Merck is set to present new research findings at IDWeek, showcasing the continued impact of its vaccines and infectious disease portfolio. This presentation could highlight the effectiveness and advancements in Merck's healthcare solutions.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:16 am

SFM

Sprouts Farmers Market has launched a new exclusive line called Real Root by Sprouts, featuring over 130 premium body care, personal care, and home fragrance items. This initiative aims to promote a healthier lifestyle among its customers.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:11 am

VEON

VEON has launched a new digital entertainment platform called Kinom in Uzbekistan, expanding its digital services in the region.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:02 am

MSOS

Benzinga's Chicago Cannabis Conference has started with a focus on vape innovation, highlighting cost-effective and quality technology for the global market. The event may have implications for cannabis-related stocks and ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 9:00 pm

MSOS

X's Alexa Alianiello revealed that the platform sees over 40 million posts about cannabis annually. This highlights the significant interest and discussion around cannabis on social media.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 8:50 pm

PFE

Pfizer is set to present data from 49 abstracts at the IDWeek 2024 Congress, showcasing advancements in preventing and treating infectious diseases.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 8:48 pm