Streetbeat News

Products Services

ONDS

Ondas Holdings Inc. (NASDAQ:ONDS) has secured an initial purchase order for its Iron Drone Raider systems from a military customer. The systems will be used for military defense to counter hostile drones. Additional orders are expected in the second half of 2024 based on operational success.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:35 pm

IEMG

LI

MCHI

NIO

NVDA

XPEV

Chinese EV stocks NIO, XPeng, and Li Auto are trading higher on Monday due to China's central bank cutting key interest rates and Nvidia developing a new AI chip for the Chinese market. Investors can gain exposure to Nio through ETFs like IEMG and MCHI. XPeng has an average 1-year price target of $10.0.

Portfolio Pulse from Anusuya Lahiri

July 22, 2024 | 12:34 pm

DM

Desktop Metal, Inc. (NYSE:DM) announced the sale of its first PureSinter Furnace to AmPd Labs. The PureSinter Furnace, launched in June, offers high-purity debinding and sintering for metal parts. Shipments to customers begin this quarter.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:33 pm

ATOS

Atossa Therapeutics has completed enrollment for the 80mg pharmacokinetic run-in cohort in its Phase 2 EVANGELINE clinical trial. The trial is evaluating (Z)-Endoxifen for ER+ / HER2- breast cancer.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:33 pm

EWJ

ICCM

IceCure Medical presented key findings on its ProSense breast cancer treatment at the Japanese Breast Cancer Society meeting, showing high success rates and low recurrence. Terumo Corporation plans to seek regulatory clearance in Japan by Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:33 pm

MEIP

MEI Pharma, Inc. (NASDAQ:MEIP) announced it will consider strategic alternatives, including potential transactions or an orderly wind down, to maximize asset value for stockholders. The company will commence a reduction-in-force and discontinue the clinical development of voruciclib to preserve cash.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:33 pm

ROST

Ross Stores has opened 24 new locations in June and July across 17 states and plans to add 90 new stores, including 75 Ross and 15 dd's DISCOUNTS, in fiscal 2024.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:31 pm

NVDA

Elon Musk's AI startup, xAI, has initiated the training of the Memphis Supercluster using 100,000 Nvidia H100 GPUs, making it the most powerful AI training cluster in the world. This investment is valued between $3 billion to $4 billion, representing 50% to 67% of xAI's recent $6 billion fundraising.

Portfolio Pulse from Rounak Jain

July 22, 2024 | 12:30 pm

CRSR

CRWD

HUBS

NTNX

The article highlights four oversold tech stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are HubSpot Inc (HUBS), Nutanix Inc (NTNX), Crowdstrike Holdings Inc (CRWD), and Corsair Gaming Inc (CRSR).

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 12:27 pm

SPRC

SciSparc Ltd. (NASDAQ: SPRC) announced that its venture, MitoCareX Bio Ltd., has confirmed the significant role of its drug target in Non-Small Cell Lung Cancer (NSCLC) using advanced genetic and 3D spheroid systems. This discovery could impact the NSCLC market, projected to reach $59.77 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:22 pm