Streetbeat News

Products Services

LBPH

Longboard Pharmaceuticals announced that the FDA has granted Breakthrough Therapy designation for bexicaserin, a treatment for seizures associated with Developmental and Epileptic Encephalopathies (DEEs).

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:03 pm

XTIA

XTI Aerospace has signed a capital distribution agreement for a proposed investment of up to $55 million, valuing the company at $275 million. This investment is expected to significantly accelerate the development of the TriFan 600, a revolutionary long-range civilian fixed-wing VTOL business aircraft, if the deal is successfully consummated.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:01 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares are trading higher after the company announced an agreement with Gravity Inc. over the 'Lucid Gravity' trademark dispute. The agreement allows Lucid to use the 'Lucid Gravity' brand without infringing on Gravity's pre-existing trademark.

Portfolio Pulse from Adam Eckert

July 01, 2024 | 12:55 pm

HUMA

Humacyte shares are trading higher after the company announced it was granted Regenerative Medicine Advanced Therapy designation by the FDA for patients with advanced peripheral artery disease.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:51 pm

QCOM

WLDS

Wearable Devices has completed the first phase of integration with Qualcomm's Snapdragon Spaces XR Developer Platform, addressing major hand tracking limitations such as accuracy, power, and field of view. This development is expected to accelerate the mass adoption of augmented and virtual reality technologies.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:51 pm

TSLA

Tesla's Cybertruck owners have reported several issues including battery drainage, lack of full self-driving (FSD) software, and charging infrastructure problems. Tesla has acknowledged the feedback and promised improvements. The company is ramping up production with a goal of delivering 250,000 units annually by 2025.

Portfolio Pulse from Anan Ashraf

July 01, 2024 | 12:49 pm

RELI

Reliance Global Group, Inc. (NASDAQ:RELI) has announced the formation of a new Real Estate division. This division will leverage Ezra Beyman's experience in mortgage brokerage and multi-family properties. Abe Miller, a successful real estate investor, will oversee the division and be compensated on a success-based model. The new division will supplement the company's focus on acquiring profitable insurance agencies.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:38 pm

KTRA

Kintara Therapeutics and TuHURA Biosciences have provided an update on their recent corporate and clinical advancements, as well as outlined their near-term milestones.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:37 pm

TPET

Trio Petroleum Corp (NYSE American: TPET) received its first revenue payment in June for its share of revenue from April oil sales at McCool Ranch Field in Monterey County, California. The HH-1 well at McCool Ranch is producing steadily at approximately 30 barrels of oil per day (BOPD).

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:35 pm

NNE

NANO Nuclear Energy has signed a Memorandum of Understanding (MOU) with Curio Solutions to optimize nuclear fuel recycling for next-generation portable microreactors. This partnership aims to enhance the efficiency and sustainability of nuclear energy solutions.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 12:35 pm