Streetbeat News

Partnerships

CMND

Clearmind Medicine Inc. (Nasdaq, CSE:CMND) has announced a collaboration with CTS Ltd., a leading pharmaceutical and consumer products company in Israel. The collaboration will allow Clearmind to expand its research and development capabilities, leverage CTS' expertise in manufacturing and marketing, and benefit from CTS' industry experience and guidance.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:53 pm

ASNS

The U.S. Air Force has chosen Actelis for the IoT networking modernization of a major Air Force base. Actelis was selected for its ability to deliver cyber-hardened, fast, fiber-grade performance using existing legacy network infrastructure. This is expected to save users tens to hundreds of thousands of dollars per site and months of installation and civil work compared to alternative networks based on 100% new Fiber-only infrastructure.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:52 pm

AAPL

WMT

The article covers a range of topics including retail earnings, crypto market movements, US politics, world politics, world economy, tech updates, electric vehicle news, financial risks, and industrial updates. Key highlights include Jim Cramer's advice on FAANG stocks, investor sentiment decline post July's PPI, Donald Trump's Ethereum holdings, Elizabeth Warren's push for $17 minimum wage, Apple's iPhone 15 Pro updates, Ford's collaboration with Tesla, US banks facing deposit flight threat, and US Steel's response to Cleveland-Cliffs' offer.

Portfolio Pulse from Akanksha Bakshi

August 14, 2023 | 12:51 pm

CPRX

Catalyst Pharmaceuticals (NASDAQ:CPRX) announced that multiple abstracts highlighting FYCOMPA (perampanel) will be presented at the 35th International Epilepsy Congress (IEC) in Dublin, Ireland. The presentations are by Eisai Co., Ltd., which holds the rights to FYCOMPA outside the U.S. The abstracts detail the results from clinical and real-world studies, documenting the uses of perampanel in both focal and generalized epilepsy across a diverse range of patients.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:49 pm

NRBO

NeuroBo Pharmaceuticals, Inc. (NASDAQ:NRBO) has appointed Hyung Heon Kim as its new CEO and President, effective immediately. Kim, who has been a member of the company's board since July 2021, succeeds Joseph Hooker. Prior to this appointment, Kim served as the General Counsel and a Senior Vice President of Dong-A ST Co, Ltd., NeuroBo's largest stockholder and partner for its newly in-licensed assets, DA-1241 and DA-1726.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:48 pm

FRSX

Foresight Autonomous Holdings Ltd. (FRSX) has signed an agreement for two proof of concept (POC) projects with a leading global vehicle manufacturer. The projects aim to evaluate Foresight's automatic camera calibration and stereo vision enhancement solutions. If successful, the vehicle manufacturer may integrate Foresight's technology into its passenger vehicles, potentially improving safety measures.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:42 pm

FNKO

REE

TRNR

UHG

WOOF

The article lists the top 5 oversold stocks in the consumer discretionary sector, which may present an opportunity for investors. The stocks mentioned are United Homes Group, Inc. (UHG), Interactive Strength Inc. (TRNR), REE Automotive Ltd. (REE), Funko, Inc. (FNKO), and Petco Health and Wellness Company, Inc. (WOOF). The companies have reported various financial results and partnerships, and their stocks have been trading near their 52-week lows.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 12:41 pm

GOOG

ICAD

iCAD, Inc. (NASDAQ:ICAD) has expanded its agreement with Google Health to integrate Google's AI technology with iCAD's ProFound Breast Health Suite for 2D Mammography. The technology will be used as an independent reader for breast cancer screening worldwide upon regulatory approval. The integration aims to address the global shortage of radiologists and improve efficiency in mammography reading. In a study, Google's AI system outperformed human readers in mammography reading, reducing the workload of the second reader by 88%.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:36 pm

AMZN

GOOGL

MSFT

NVDA

Amazon is designing custom microchips, Inferentia and Trainium, for AWS' generative AI training and acceleration to bypass Nvidia GPUs for large language model training. Amazon Web Services CEO Adam Selipsky stressed the global demand for generative AI chips, including Amazon's designs. Microsoft invested $13 billion in OpenAI and quickly integrated generative AI models into its products. Google launched Bard LLM and invested $300 million in OpenAI competitor Anthropic. Amazon launched its own Titan LLMs and Bedrock service for enhancing software using generative AI.

Portfolio Pulse from Anusuya Lahiri

August 14, 2023 | 12:29 pm

GOEV

Canoo (NASDAQ:GOEV) has finalized agreements on workforce and economic development incentives with the state of Oklahoma and the Cherokee Nation for its vehicle assembly and battery module manufacturing plants. The combined value of the incentives is up to $113 million over 10 years. The company plans to hire over 1,300 employees and invest more than $320 million in its Oklahoma City assembly facility and Pryor battery module manufacturing plant.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:19 pm