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LAES

SEALSQ Corp (NASDAQ: LAES) reports a new business pipeline of $71M and a cash position of $19M as of June 30, 2024. Preliminary unaudited revenue for H1 2024 is $5M, reflecting a slowdown in traditional semiconductor demand. The company anticipates a stronger H2 2024 and a return to growth in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:49 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has extended its offer to transfer Full Self-Driving (FSD) capability from older vehicles to new ones until the end of September. This extension allows customers to make new purchases until after the robotaxi unveiling event on August 8, which is expected to highlight Tesla's advancements in autonomous driving.

Portfolio Pulse from Anan Ashraf

July 03, 2024 | 12:43 pm

VTRS

Viatris Inc. (NASDAQ: VTRS) has completed the divestiture of its Over-the-Counter (OTC) business to Cooper Consumer Health, finalizing all previously announced divestitures. This move aims to simplify and strengthen the company, positioning it for future growth.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:33 pm

PLUS

ePlus' subsidiary IGXGlobal is expanding its Storage-as-a-Service (STaaS) offering, powered by Pure Storage Evergreen//One, to the UK and Europe. This follows its success in the U.S. and aims to provide European organizations with flexible storage solutions and enhanced technical support.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:32 pm

DELL

IVW

NVDA

SMCI

VGT

Nvidia Corp (NASDAQ:NVDA) is under scrutiny as its advanced AI chips are reportedly being smuggled into China despite U.S. export restrictions. The underground market for these chips is thriving, with over 70 distributors advertising Nvidia’s restricted chips online. Nvidia sells its chips through third parties like Dell Technologies Inc (NYSE:DELL) and Super Micro Computer Inc (NASDAQ:SMCI). The U.S. government plans to extend its semiconductor technology embargo to Russia. Nvidia stock has gained over 189% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

July 03, 2024 | 12:31 pm

BLIN

Bridgeline Digital has been selected by a top 10 leading U.S. electrical distributor to implement its HawkSearch solution across hundreds of local store websites.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:31 pm

ICU

SeaStar Medical has finalized the FDA labeling requirement for its QUELIMMUNE product, which is used in intensive care units (ICUs). This development is a significant step towards the product's market launch.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:30 pm

MBOT

Microbot Medical has partnered with Baptist Hospital of Miami to participate in a human clinical trial. This collaboration aims to advance the development and testing of Microbot Medical's innovative medical technologies.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:23 pm

KNOS

SHIBUSD

Shiba Inu (SHIB) reports an 8,596% increase in its burn rate, with over 17 million SHIB burned in the past 20 hours. Marketing lead Lucie hints at a significant upcoming development. Lead developer Shytoshi Kusama's visit to Japan aims to foster new partnerships. Kronos Advanced Technologies becomes the first public company to accept SHIB payments, offering a 10% discount for SHIB transactions.

Portfolio Pulse from Khyathi Dalal

July 03, 2024 | 12:23 pm

EVAX

Evaxion Biotech A/S (NASDAQ:EVAX) CEO Christian Kanstrup has reinforced the company's milestone timeline and provided an update to shareholders. Evaxion is a clinical-stage TechBio company specializing in AI-Immunology™ powered vaccines.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:13 pm