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MNMD

MindMed has completed an end-of-phase 2 meeting with the FDA and reached alignment on the Phase 3 development strategy for MM120 in treating Generalized Anxiety Disorder (GAD). The company plans to initiate the Phase 3 clinical program in the second half of this year.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:13 am

LASE

Laser Photonics and Echelon 1 Solutions have formed a partnership to introduce laser cleaning and cutting technology to the defense industry.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:13 am

MGM

Playtech and MGM Resorts have formed a strategic partnership to offer new and unique live casino content to operators in the iGaming industry. The partnership aims to expand the portfolio with exclusive access to various Playtech games, branded TV game shows, celebrity-hosted trivia shows, and unique entertainment experiences associated with Las Vegas and MGM Resorts.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:08 am

ATAI

Atai Life Sciences announced an update on Beckley Psytech's Phase 1/2A trial of ELE-101 for Major Depressive Disorder. Initial Phase 1 results were positive, and the first patients have been dosed in Phase 2A. Results are expected in H2 2024.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:05 am

PLTR

Palantir Technologies Inc. (NYSE:PLTR) has secured a $19 million contract with the Advanced Research Projects Agency for Health (ARPA-H) to enhance health outcomes using AI and data infrastructure. The contract spans two years and aims to support ARPA-H's mission to accelerate health innovations.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:01 am

ACM

AECOM (NYSE:ACM) will lead the design for Washington's SR 520 Portage Bay Bridge project, enhancing infrastructure with new ramps, seismically resilient structures, and improved transit connections.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 11:00 am

BRAZ

FTRI

PBR

Petrobras' new CEO, Magda Chambriard, has committed to enhancing Brazil's economy and ensuring the company's profitability. She aims to accelerate Petrobras' $102 billion investment plan for 2024-2028, which could create hundreds of thousands of jobs. Chambriard does not foresee changes in senior management and has highlighted the national importance of a basin in Brazil's Equatorial Margin. Investors can gain exposure to Petrobras through ETFs like Global X Brazil Active ETF (BRAZ) and First Trust Indxx Global Natural Resources Income ETF (FTRI).

Portfolio Pulse from Lekha Gupta

June 20, 2024 | 10:57 am

PLL

Piedmont Lithium (NASDAQ: PLL) announced high-grade lithium zones in Quebec, enhancing its resource potential at North American Lithium (NAL). The 2023-2024 drill program identified new high-grade zones, with plans for an additional 30,000 meters of drilling in 2024. NAL, jointly owned by Piedmont and Sayona Mining, has achieved record spodumene concentrate volumes and targets steady-state production in H2 2024.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:55 am

ACN

Accenture reported Q3 new bookings of $21.1 billion, up by 22% in USD, with generative AI new bookings of over $900 million for a total of $2 billion fiscal year-to-date.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:53 am

HUIZ

Huize Holding Limited (NASDAQ:HUIZ) has acquired Vietnam's Global Care, marking its first step in global expansion through its new international brand Poni Insurtech. The acquisition aims to replicate Huize's successful digital insurance model in the ASEAN region, starting with Vietnam. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:50 am