Streetbeat News

Partnerships

AAWH

At the Benzinga Cannabis Capital Conference, experts from Ascend Wellness Holdings, Flowhub, Surfside Solutions Inc., and C3 Industries discussed improving the retail experience for marijuana consumers. They emphasized the importance of a well-balanced product menu, value points including pricing and assortment, the role of technology in enhancing customer experience, and the need for consistency across store locations. The discussion also covered the significance of focusing on core revenue-generating customers and managing information overload to improve customer engagement.

Portfolio Pulse from Nina Zdinjak

April 23, 2024 | 4:16 pm

PALI

Palisade Bio, Inc. (NASDAQ:PALI) shares surged after announcing a collaboration with Strand Life Sciences to advance precision medicine for ulcerative colitis therapy. This partnership aims to utilize bioinformatics for developing personalized therapies, leveraging patient datasets for their lead program, PALI-2108. Additionally, Palisade Bio has an average 1-year price target of $22.50, indicating a significant upside potential.

Portfolio Pulse from Erica Kollmann

April 23, 2024 | 4:06 pm

WGS

GeneDx Holdings shares are trading higher following the announcement of a partnership with Komodo Health aimed at expanding access to a rare disease dataset. This collaboration is expected to enhance GeneDx's capabilities in providing insights into rare diseases, potentially leading to improved patient outcomes and driving further interest in GeneDx's offerings.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 3:44 pm

DIS

WBD

Disney and Warner are currently in discussions to renew their NBA broadcast rights as the exclusive negotiation period concludes. This development is crucial for both companies as securing these rights could significantly influence their content offerings and financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 3:38 pm

BTCUSD

Morgan Creek Capital CEO Mark Yusko challenges Bitcoin skeptic Peter Schiff to a $1M charity bet on Bitcoin vs. gold performance over the next 5 years. Yusko supports Bitcoin, while Schiff, a gold bull, has not yet responded. The challenge highlights the ongoing debate between Bitcoin and traditional investment assets like gold, with Yusko having a price target of $150,000 for Bitcoin in the next year.

Portfolio Pulse from Chris Katje

April 23, 2024 | 3:03 pm

WVE

GSK has initiated the first two oligonucleotide programs with Wave Life Sciences, providing a $12M initiation payment. This marks a significant advancement in their collaboration, focusing on Wave's next-generation GalNAc-siRNA format aimed at achieving best-in-class potency and durability. The collaboration encompasses various modalities, including RNA editing across multiple therapy areas. Additionally, Wave plans to start a clinical trial for its INHBE program targeting obesity by 1Q 2025, utilizing its siRNA technology.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 2:22 pm

PRTH

Priority Technology Holdings, Inc. (PRTH) and Ahrvo Labs have announced a strategic technology partnership, focusing on integrating CPX technology to enhance Ahrvo Labs' payment capabilities for its data compliance customers. This collaboration aims to leverage Priority's innovative payment technology to streamline and secure transactions for Ahrvo's clientele, potentially leading to improved operational efficiencies and customer satisfaction.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 2:14 pm

ABEO

CYN

GWAV

LICN

PALI

PEGY

PEP

U.S. stocks traded higher with the Nasdaq Composite up by 0.5%. PepsiCo reported first-quarter FY24 sales growth of 2.3% to $18.25 billion, surpassing analyst estimates. Cyngn Inc., Pineapple Energy Inc., and Palisade Bio, Inc. saw significant stock price increases, while Greenwave Technology Solutions, Inc., Abeona Therapeutics Inc., and Lichen China Limited experienced notable declines.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 1:50 pm

BA

GE

In a Reuters interview, GE Aerospace's CEO stated his commitment to serving Boeing as their best supplier, dismissing speculation about taking the Boeing CEO position. He confirmed that Boeing continues to receive engine deliveries at the same rate.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:44 pm

VFS

VinFast Auto has signed agreements with 12 dealers across the U.S. to expand its distribution network. This move is part of VinFast's strategy to increase its presence in the U.S. automotive market.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:25 pm