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CYBN

Cybin Inc. (AMEX:CYBN) reported a net loss of $57 million for FY 2024, up from $34 million the previous year, amid significant investments in psychedelic therapy development. Despite the losses, the company maintains a strong cash reserve of $152 million, bolstered by a $150 million private placement. Key advancements include FDA Breakthrough Therapy Designation for CYB003 and initiation of Phase 2 trials for CYB004. Shares of CYBN were trading 3.90% lower at $0.2537.

Portfolio Pulse from Patricio Liddle

June 26, 2024 | 4:14 pm

NVDA

NVIDIA has released a presentation highlighting its growth opportunities, market strategies, and technological developments. The company emphasized advancements in AI and HPC infrastructure while cautioning about potential risks and uncertainties.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:11 pm

JBLU

JetBlue plans to apply for DOT slot exemptions to add a second daily nonstop flight between Washington National and San Juan. This is part of a broader effort to enhance Puerto Rico connectivity, including new domestic and international destinations, Mint service, and a new crew base in San Juan.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:03 pm

TTGT

TechTarget and 6sense have announced a strategic partnership to integrate TechTarget's Priority Engine Account Intent Feeds into 6sense's Revenue AI platform. This integration aims to help mutual customers build dynamic segments and enhance account prioritization and conversion.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 4:00 pm

HMC

Honda Motor Co Ltd (NYSE:HMC) has introduced the Honda CR-V e:FCEV, a hybrid vehicle that runs on both hydrogen and electricity. The vehicle offers 29 miles of electric range and 241 miles of hydrogen range. Leasing options range from $389 to $489 per month, with a hydrogen fuel credit included. However, practicality concerns arise due to limited hydrogen fueling stations and the availability of cheaper electric vehicles like the Tesla Model 3.

Portfolio Pulse from Hayden Buckfire

June 26, 2024 | 4:00 pm

CME

GOOGL

VOX

XLC

Google and CME Group are partnering to create a cloud-based futures trading platform, enhancing trading speeds and efficiency. The project is part of a 10-year alliance and includes a $1 billion equity investment by Google. The transition aims to modernize CME's trading, data, and clearing services.

Portfolio Pulse from Shivani Kumaresan

June 26, 2024 | 3:44 pm

KOPN

Kopin shares are trading higher following the announcement of a contract to develop a high-resolution eyepiece assembly for the U.S. Army's Next Generation-Short Range Interceptor Missile Program.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:39 pm

BJDX

Bluejay Diagnostics shares are trading lower after the company announced SYMON-I study results. The stock initially traded higher, but it has since reversed.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:34 pm

MSTR

The article discusses a profitable trade strategy involving MicroStrategy, Inc. (NASDAQ:MSTR) by using a credit call spread to capitalize on the company's overvaluation due to its significant Bitcoin holdings. The trade was successful as MicroStrategy's stock price closed below the critical level, resulting in a 100% profit.

Portfolio Pulse from David Pinsen

June 26, 2024 | 3:30 pm

IBIO

iBio has received a Notice of Allowance for its US Patent Application 17/821,295, titled 'Anti-CD-25 Antibody for the Treatment of Cancer'. This patent is significant for iBio's cancer treatment pipeline.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:30 pm