Streetbeat News

Partnerships

ENVB

Enveric Biosciences (NASDAQ:ENVB) shares surged after the company announced signing two non-binding term sheets with an undisclosed biotech company for out-licensing cannabinoid-COX-2 conjugate compounds for joint diseases. These agreements could potentially bring Enveric up to $82 million in milestone payments, plus royalties on future sales. The deals cover both pharmaceutical and non-pharmaceutical applications, with responsibilities for product development shifting to the licensee.

Portfolio Pulse from Vandana Singh

March 19, 2024 | 1:34 pm

TYL

Tyler Technologies, Inc. (NYSE:TYL) has been selected by Jackson Public Schools in Mississippi to implement its Enterprise ERP solution, powered by Amazon Web Services (AWS). This cloud-based system will integrate financial management, payroll, HR, and other functions to enhance efficiency and streamline operations for the state's third-largest school district.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:19 pm

BTCUSD

ETHUSD

SPY

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are trading mixed amid a wider market correction, with predictions of Bitcoin rallying to $160K. In the US market, DLocal reported mixed Q4 results, joining other stocks moving lower. Global and US political developments include discussions on property seizures, social media censorship, and international tensions. The US and world economy show signs of strength and challenges, with rate changes and legal issues for companies like Evergrande. In tech, AI's impact on companies like Apple, Nvidia, and Tesla is highlighted, alongside discussions on electric vehicles and cybersecurity collaborations. Consumer, communication, industrial, and healthcare sectors also saw significant news.

Portfolio Pulse from Akanksha Bakshi

March 19, 2024 | 1:17 pm

QCOM

Qualcomm has garnered support from various PC manufacturers and supply chain entities for its AI CPUs, with plans to introduce new AI PC solutions in the current year, as reported by industry sources.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:15 pm

PTPI

Petros Pharmaceuticals, Inc. (NASDAQ:PTPI) has announced the successful launch of an AI tool developed in collaboration with a major software provider, aimed at optimizing self-screening for STENDRA (avanafil), an erectile dysfunction medication in development for OTC status. The AI tool is part of a Human Factors study designed to assess the safety and effectiveness of the web app used for patient self-screening, in line with FDA guidance. The company believes this AI integration will address FDA requests and help achieve significant clinical milestones for STENDRA.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:04 pm

FRSX

Foresight Autonomous Holdings Ltd. (FRSX), through its subsidiary Eye-Net Mobile Ltd., has secured an additional order from a leading Japanese vehicle manufacturer for a development project aimed at integrating Eye-Net's V2X communication technology, Eye-Zone™, into the manufacturer's ADAS systems. This follows the successful completion of initial phases of a proof-of-concept project demonstrating the technology's potential benefits for automotive safety and communication.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 12:44 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) and Soldier On, Inc. have announced a non-binding Letter of Intent to design, build, and operate an 800-unit supportive housing community for veterans and first responders with disabilities. The project also includes an 80,000-square-foot, ADA-compliant manufacturing facility in McClean, Oklahoma, aimed at employing wounded veterans in the construction of the housing units.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 12:41 pm

KULR

KULR Technology Group Inc. has received an initial order for battery testing of its SafeCASE product from a US automaker. This marks a significant step for KULR in the automotive industry, potentially leading to more extensive collaborations and adoption of its technology in automotive battery safety and testing.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 12:37 pm

SCPX

Scorpius Holdings has secured a contract worth over $1 million with an NIH-funded researcher at a university. This contract could signify a significant step forward for Scorpius Holdings in terms of revenue and market presence.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 12:34 pm

MTSI

NOC

MACOM Technology Solutions Inc. (MTSI) has been awarded two supplier awards by Northrop Grumman Corporation (NOC) for its contributions to national security solutions and support of manufacturing and distribution goals. The awards highlight MACOM's commitment to quality excellence and its role as a top large business partner in the defense industry.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 12:33 pm