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ELAB

Elevai Labs Inc. (NASDAQ:ELAB) has formed a new Scientific Advisory Board to support the development of EL-22, a novel probiotic approach aimed at addressing obesity while preserving muscle during weight loss treatments, including GLP-1 receptor agonists.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:12 pm

CBAT

CBAK Energy shares are trading higher following the announcement that its subsidiary, Dalian CBAK Power Battery, secured a $7 million order from a European client.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:12 pm

CBAT

CBAK Energy Technology, Inc. (NASDAQ:CBAT) announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd., has secured a $7 million order from a renowned European client. This client has previously sourced cylindrical batteries from CBAK Energy for orders valued at nearly $55 million.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:10 pm

CBAT

CBAK Energy's subsidiary, Dalian CBAK Power Battery, has secured a $7 million order from a European client.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:01 pm

BPTH

Bio-Path Holdings, Inc. (NASDAQ:BPTH) shares are trading higher after announcing positive interim results from its Phase 2 study of prexigebersen for treating acute myeloid leukemia. The data showed the drug is well-tolerated and effective, leading to a 13.5% increase in stock price. Analysts have a bullish outlook with a 1-year price target of $40.

Portfolio Pulse from Erica Kollmann

June 14, 2024 | 1:00 pm

AIXI

Xiao-I Corporation (NASDAQ:AIXI) has secured a significant contract with an international engineering consulting firm within a major energy conglomerate to provide AI-powered solutions aimed at optimizing operational efficiencies in the energy sector. The terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:00 pm

BTCUSD

MSTR

Bernstein predicts Bitcoin could reach $1 million by 2033, with a cycle-high of $200,000 by 2025. The firm also rated MicroStrategy (MSTR) as 'outperform' due to its significant Bitcoin holdings and active acquisition strategy. Bernstein set a price target of $2,890 for MSTR, which closed at $1,484 recently.

Portfolio Pulse from Murtuza Merchant

June 14, 2024 | 12:57 pm

LYB

LyondellBasell has announced the expansion of its polypropylene (PP) compounding production in China. This move is aimed at meeting the growing demand for high-quality PP compounds in the region.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:54 pm

SGD

Safe and Green Development Corporation (SGD) has announced a strategic agreement with Trio Residential to integrate Trio's home financing solutions into SGD's Xene Home AI platform. This collaboration aims to make homebuying more achievable.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:47 pm

GLUE

Monte Rosa Therapeutics presented preclinical data at EULAR 2024 for MRT-6160, a VAV1-directed molecular glue degrader (MGD) for treating rheumatoid arthritis. The data shows MRT-6160 inhibits disease progression, pro-inflammatory cytokines, and autoantibody production. A Phase 1 SAD/MAD study is expected to start in mid-2024, with initial clinical data anticipated in Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:46 pm