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SXTC

China SXT Pharmaceuticals (SXTC) shares are trading higher after being mentioned by popular meme stock trader Zack Morris in a post, causing increased attention from traders.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:31 pm

CBSTF

MSOS

At the Benzinga's Cannabis Capital Conference, The Cannabist Co President, Jesse Channon, expressed confidence in the company's preparedness for success in Ohio, highlighting their understanding of the necessary requirements.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:52 pm

MSOS

At the Benzinga Cannabis Capital Conference, The Cannabist Co President Jesse Channon emphasized the company's strategy to concentrate on markets with rapidly developing supply chains.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:42 pm

NVDA

TOON

Kartoon Studios announced the launch of 'Gadget A.I.', an integrated AI toolkit developed on NVIDIA Omniverse, aimed at revolutionizing animation production and distribution. The initiative is expected to reduce animation production costs by 75% and significantly improve speed-to-market efficiencies.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:10 pm

PUBM

PubMatic has announced a partnership with GroupM to provide AI-generated cohort modeling capabilities for advertisers, enhancing targeted advertising without compromising user privacy.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:02 pm

VCYT

Veracyte, Inc. (NASDAQ:VCYT), a cancer diagnostics company, announced that nine abstracts on its Decipher Prostate and Decipher Bladder tests will be presented at AUA 2024. These studies highlight the clinical utility of these tests in treatment decisions and provide new insights into the biology of urologic cancers. The presentations at the American Urological Association meeting in San Antonio will cover various topics, including the risk of metastatic progression, genomic signatures, and the impact of genomic subtypes on prognosis.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:42 pm

BA

Boeing Co. (NYSE:BA) has terminated its contract with Cornerstone Government Affairs, the lobbying firm that supported Boeing during the 737 Max crisis. This decision, made by Boeing's chief lobbyist Ziad "Z" Ojakli, aligns with the company's strategy to overhaul its leadership and lobbying efforts following the 737 Max incidents. Boeing's lobbying investment in 2023 amounted to $14.4 million with a significant lobbying team in place. The company's recent challenges include a decline in commercial aircraft deliveries and a safety incident involving a Delta Air Lines Boeing 757.

Portfolio Pulse from Benzinga Neuro

April 16, 2024 | 12:39 pm

GIL

Browning West, holding 5% of Gildan Activewear's shares, criticizes CEO Vince Tyra's strategy and governance, highlighting his track record of value destruction and underwhelming plans for the company. They propose electing eight new directors at the 2024 shareholder meeting to implement a value creation strategy, contrasting Tyra's approach with speculative spending and poor capital allocation. Browning West's plan aims to increase operating margins and shareholder returns, setting specific targets for share price growth.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:12 pm

PRZO

ParaZero announced its entry into the Counter Unmanned Aircraft System market, signaling a strategic expansion of its business operations.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:35 am

LTRX

Lantronix announced the launch of two new edge compute trackers, FOX4 and Bolero 43, designed for assets and fleet management. These products are integrated with Lantronix's Percepxion IoT edge software platform for secure IoT device provisioning and management. They were showcased at Embedded World 2024 in Nuremberg, Germany, and ISC West 2024 in Las Vegas.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:02 am