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MSEX

Middlesex Water Company is initiating a $9.7 million project to upgrade Woodbridge, New Jersey's drinking water infrastructure. The project, starting in June 2024, will revamp 18,550 linear feet of water mains and eliminate lead or galvanized steel service lines.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:05 pm

AAWH

New Jersey's cannabis market has seen rapid growth, but it remains one of the most expensive in the U.S. State Senator Troy Singleton has proposed solutions to alleviate financial burdens on medicinal users, including price caps and home cultivation. Ascend Wellness (OTC:AAWH) is highlighted as an example of high pricing.

Portfolio Pulse from Rolando García

June 06, 2024 | 7:57 pm

TVGN

Tevogen Bio Holdings Inc. (NASDAQ:TVGN) announced that its investigational immunotherapy, TVGN 489, remains effective against the dominant FLiRT strains of SARS-CoV-2. This therapy targets multiple SARS-CoV-2 proteins and retains 95% activity against these variants, including the current dominant strain, KP.2.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 7:54 pm

WISA

WiSA Technologies shares surged due to increased demand for its WiSA E wireless audio technology and new licensing deals. The company is gaining traction in the $296 billion wireless audio market, with significant momentum and market interest in its innovative solutions.

Portfolio Pulse from Vaishali Prayag

June 06, 2024 | 7:44 pm

HOOD

Robinhood CEO Vladimir Tenev discussed the company's acquisition of Bitstamp and the potential for weekend trading on Fox Business. This move could expand Robinhood's cryptocurrency offerings and trading hours, potentially increasing user engagement and revenue.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 7:44 pm

SCLX

Scilex Holding Company has received FDA approval for the commercial manufacturing of Gloperba, a liquid oral version of colchicine for the prophylaxis of gout flares in adults. The product is set to launch on June 10, 2024. Gloperba targets a significant unmet need in the gout treatment market, which is projected to reach $2.0 billion in the U.S. by 2028. Scilex is well-positioned for the launch, leveraging its existing distribution network and experienced commercial team.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:57 pm

FFIE

Faraday Future Intelligent Electric (FFIE) has completed the production and testing of its 12th FF 91 2.0 vehicle, which is set to be delivered to its first retail investor user. The company's CPO shared this update on X, along with two special videos introducing the new car to the user.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:50 pm

GME

HOOD

Robinhood CEO Vlad Tenev is set to discuss GameStop on Fox Business at 3:30 PM EST, ahead of a Roaring Kitty YouTube livestream on Friday.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:41 pm

NIO

Nio Inc. (NYSE:NIO) missed Q1 2024 earnings expectations, leading to a 6.5% stock decline. Despite a 39.9% drop in vehicle deliveries and a 42.1% revenue decline from the previous quarter, expert Anthony Sassine from KraneShares remains optimistic about Nio's future due to model upgrades, new launches, and improved margins. Nio's Q2 guidance suggests a potential recovery.

Portfolio Pulse from Surbhi Jain

June 06, 2024 | 6:37 pm

GME

GameStop shares surged as Keith Gill, aka Roaring Kitty, announced his first YouTube livestream in three years. The anticipation of the livestream has driven significant interest and volatility in GameStop's stock.

Portfolio Pulse from Chris Katje

June 06, 2024 | 6:28 pm