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BG

Bunge Limited (NYSE:BG) shares fell over 6% after missing Q2 earnings and sales estimates. The company reported adjusted EPS of $1.73, below the $1.80 consensus, and sales of $13.24 billion, missing the $14.27 billion estimate. Despite lower Agribusiness performance, Bunge made progress on strategic priorities, including the sale of its interest in a sugar and bioenergy joint venture. Cash flow concerns were highlighted, with cash used for operations at $480 million compared to cash provided of $472 million last year. The company raised its full-year 2024 adjusted EPS outlook to $9.25.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2024 | 1:16 pm

ALBT

Avalon GloboCare shares are trading lower after the company announced its Laboratory Services MSO launched a direct-to-consumer and non-invasive DNA test in the U.S. that tests for potential predisposition to opioid dependence.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:16 pm

NITO

N2OFF, Inc. (NASDAQ:NITO) has entered into an agreement to fund up to €8 million for 50% rights in several solar PV projects developed by Solterra Renewable Energy Ltd. The first project, with a capacity of 111 MW, has received municipal approval and an indicative grid connection solution in Germany.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:15 pm

LFLY

UBER

Uber Eats, a subsidiary of Uber Technologies, Inc. (NYSE:UBER), has expanded its cannabis delivery service to Alberta, Canada, in partnership with Leafly (NASDAQ:LFLY). This initiative aims to improve road safety by reducing impaired driving. The service will use provincially certified staff for deliveries.

Portfolio Pulse from Nina Zdinjak

July 31, 2024 | 1:14 pm

ADIL

Adial Pharmaceuticals shares are trading higher following the company's announcement of a new patent application for AD04.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:14 pm

TLS

Telos Corporation (NASDAQ:TLS) is expanding its TSA PreCheck enrollment services by opening a new location at the Eastern Iowa Airport in Cedar Rapids. This marks Telos' first airport-based enrollment center and brings the total number of centers to 69 across the U.S.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:13 pm

MHUA

Meihua International Medical Technologies shares are trading higher after the company announced its NT-2000 surgical path analysis system successfully supported the world's second 5G remote robot-assisted lobectomy.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:12 pm

ABCL

LLY

AbCellera (NASDAQ:ABCL) and Eli Lilly (NYSE:LLY) have expanded their collaboration to develop therapeutic antibodies for immunology, cardiovascular disease, and neuroscience. This builds on their successful partnership since March 2020, which included eight de novo programs and a COVID-19 antibody program that received emergency use authorization from the FDA.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:11 pm

RYTM

VGK

Rhythm Pharmaceuticals has received European Commission approval to expand the marketing authorization of IMCIVREE to include children aged 2-5 with obesity due to Bardet Biedl Syndrome or POMC, PCSK1, and LEPR deficiency.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:11 pm

TSLA

Tesla's Full Self-Driving (FSD) system is under scrutiny following a fatal motorcycle accident near Seattle involving a 2022 Tesla Model S. The driver admitted to using the Autopilot system and being distracted by his cellphone. The incident raises questions about the safety of Tesla's self-driving technology.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 1:10 pm