Streetbeat News

Partnerships

BURU

DRUG

MNPR

NUBURU has announced a contract with NASA for next-generation blue laser space technology, causing its stock (BURU) to surge by 324%. Bright Minds Biosciences (DRUG) has announced positive data from its first-in-human Phase 1 study of lead compound, BMB-101, leading to a 126% increase in its stock. Monopar Therapeutics (MNPR) reported that both patients treated in its Phase1B study experienced tumor size reductions, resulting in a 118% increase in its stock.

Portfolio Pulse from ryanfaloona@benzinga.com

August 08, 2023 | 12:24 pm

RXRX

Recursion (NASDAQ:RXRX) has successfully screened the Enamine REAL Space chemical library using its MatchMaker technology, recently acquired from Cyclica, to predict the protein target(s) for approximately 36 billion chemical compounds. The company generated this massive new data layer of predicted interactions in less than 90 days after closing the acquisition of Cyclica and in under 30 days since initiating the collaboration with NVIDIA. Recursion plans to leverage this new database of predictions to industrialize its chemistry operations across its pipeline and in service to its partners.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:21 pm

APLD

Applied Digital Corporation (NASDAQ:APLD) has announced a strategic partnership with ZEDEDA, an edge orchestration leader. The partnership will allow Applied Digital to use ZEDEDA's management and orchestration software solution for its new on-demand Transmutable AI cloud service. This service will enable customers to purchase and use GPU resources on-demand and at scale across all of Applied Digital's data centers. The service is expected to go live during the second half of 2023.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:18 pm

BRAG

FLTR

Bragg Gaming Group (BRAG) has signed a global content distribution agreement with PokerStars, a brand from Flutter Entertainment (FLTR). The agreement will allow Bragg to provide a range of its games for PokerStars' customers worldwide. The roll-out will begin in Europe, followed by New Jersey, Michigan, and Pennsylvania. The agreement includes popular games from Bragg Studios and exclusive content from its Powered by Bragg portfolio.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:18 pm

SOFI

Galileo's AI-driven intelligent digital assistant, Cyberbank Konecta, is enhancing the member experience of SoFi. The assistant is designed to provide personalized financial advice and improve customer engagement.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:10 pm

BURU

NUBURU has announced a contract with NASA to demonstrate the feasibility of power beaming in space using the company's blue laser technology. The financial details of the contract have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:05 pm

AMRN

Amarin Corporation (AMRN) has entered into an exclusive marketing and commercialization agreement with Neopharm Israel for Vazkepa (Icosapent Ethyl) in Israel, Gaza, the West Bank, and the territories of the Palestinian Authority.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 11:16 am

CLBT

Cellebrite DI Ltd. (NASDAQ:CLBT) has appointed Thomas E. Hogan as Executive Chairman of the Board. Hogan, a veteran with over 40 years of experience, has a track record of exceptional shareholder returns, client impact, and employee growth. He has led numerous acquisitions totaling nearly $8B, including Mercury Interactive and Opsware. Hogan has held senior executive posts in both private and publicly held software companies.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 11:13 am

SPIR

Spire Global has secured a contract from GHGSat to expand its satellite constellation for emissions monitoring. The contract involves building, launching, and operating four additional 16U satellites carrying GHGSat payloads. The launch is scheduled for no earlier than 2024. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:49 am

AMZN

Maven Clinic, a virtual clinic for women's and family health, has partnered with Amazon to expand Amazon's family-building support program to 50 countries outside the US and Canada. The program will be available to all Amazon employees and will provide free access to various health care providers.

Portfolio Pulse from Charles Gross

August 08, 2023 | 10:45 am