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HEPA

MIRA

RR

Market-Moving News for July 22nd includes Richtech Robotics completing the installation of ADAM at Ghost Kitchens in a Dawsonville, GA Walmart, MIRA Pharmaceuticals announcing promising preclinical study results for Ketamir-2, and Pharma Two B merging with Hepion Pharmaceuticals, which also announced a $2.9M private placement of non-convertible senior notes.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:21 pm

CLIA

ON

QCLN

VLKAF

VWAGY

ON Semiconductor Corporation (NASDAQ:ON) has signed a multi-year agreement with Volkswagen Group (OTC:VLKAF, OTC:VWAGY) to supply advanced EV solutions, leading to a 3.06% increase in ON's stock price. The deal includes providing a power box solution for Volkswagen's next-generation traction inverter. ON Semiconductor's new silicon carbide plant in the Czech Republic will enhance supply chain efficiency. Investors can gain exposure to ON stock via First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) and Return Stacked Bonds & Managed Futures ETF Veridien Climate Action ETF (NYSE:CLIA).

Portfolio Pulse from Lekha Gupta

July 22, 2024 | 12:19 pm

MIRA

MIRA Pharmaceuticals shares are trading higher following the announcement of new preclinical study results for its novel oral ketamine analog, Ketamir-2.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:18 pm

ACN

Accenture has announced its plans to acquire Camelot Management Consultants to enhance its SAP and AI-driven supply chain capabilities.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:18 pm

SAVA

Cassava Sciences' Phase 3 trial for its Alzheimer's treatment is expected to conclude by December 2024 with 804 patients. A second trial with 1,125 patients is set to end by June 2025. Successful results could be revolutionary for the company and the treatment of Alzheimer's disease.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:17 pm

MCD

McDonald's has decided to extend its $5 meal deal due to high customer traffic, indicating strong consumer demand.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:16 pm

ACN

Accenture (NYSE:ACN) has agreed to acquire Camelot Management Consultants, a German SAP-focused management and technology consulting firm. This acquisition will enhance Accenture's SAP and AI-driven supply chain capabilities.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:16 pm

MDXG

MiMedx has published a study in a top journal highlighting the regulatory capabilities of DHACM and LHACM allografts on fibrosis, expanding the understanding of the fibrotic process.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:12 pm

SPEC

Spectaire Holdings Inc. (NASDAQ:SPEC) has announced the delivery of 500 AireCore units to a customer in the energy industry, with a potential $5M annual recurring revenue. This order, combined with others, could bring the company to positive cash flow.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:09 pm

LOCL

Local Bounti has announced an expanded distribution agreement with Sam's Club for its leafy greens production. This move is expected to increase the availability of Local Bounti's products and potentially boost its revenue.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:09 pm