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WIX

Wix.com Ltd (NASDAQ:WIX) reported strong fiscal first-quarter 2024 results, with revenue and adjusted EPS beating analyst estimates. The company saw significant growth in its Partners and Business Solutions segments, and its AI product offerings and Wix Studio showed strong traction. The stock gained 9.82% premarket following the results.

Portfolio Pulse from Anusuya Lahiri

May 20, 2024 | 12:59 pm

SYRA

Syra Health has been awarded a one-year contract, with the possibility of annual extensions for up to five years, to provide special education (SPED) psychologist services to the Greenville County School District in South Carolina. Financial terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:57 pm

GWRE

United Heritage Insurance has chosen Guidewire InsuranceNow to modernize its operations, enhance agent and customer service, and grow its business. This move will involve the company's property and casualty insurance entities, Sublimity Insurance Company and United Heritage Property and Casualty Company.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:57 pm

MIGI

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) reported a 65% year-over-year increase in total monthly revenue for April 2024, reaching approximately $4.85 million. The company's self-mining business revenue rose by 73% Y/Y, while its co-location business revenue surged by 105% Y/Y. Mawson also announced a 20 MW expansion plan, increasing its total capacity to 129 MW.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:53 pm

FUL

H.B. Fuller has acquired ND Industries, adding ND Industries' Vibra-Tite brand to its product range. This strategic acquisition aims to expand H.B. Fuller's service and product offerings in fast-growing, high-margin segments.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:53 pm

GRI

GRI Bio, Inc. (NASDAQ:GRI) presented positive preclinical data showing that its lead program GRI-0621 reduces inflammation and fibrosis in Idiopathic Pulmonary Fibrosis (IPF). The company is advancing to a Phase 2a biomarker study with interim data expected in Q3 2024 and topline data in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:52 pm

AAPL

BABA

JD

Apple has significantly reduced the prices of iPhone 15 models in China through online retailers JD.com and Alibaba's Tmall, aiming to boost sales amid intense competition. The discounts are as high as 23% for some models. This move follows a decline in Apple's market share in China and a drop in iPhone sales in the region.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:51 pm

ARCT

CSLLY

CSL and Arcturus Therapeutics announced that Nature Communications has published pivotal data demonstrating the efficacy and tolerability of their self-amplifying (sa-mRNA) COVID-19 vaccine, ARCT-154. The data shows superior immunogenicity to Omicron BA 4/5 and longer duration of immunity compared to traditional mRNA COVID-19 vaccine boosters.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:42 pm

EFTR

eFFECTOR Therapeutics and Dana-Farber Cancer Institute are collaborating on a Phase 2 clinical trial to evaluate Zotatifin as a combination treatment for ER+ endometrial cancer and low-grade serous ovarian cancer.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:39 pm

PRST

Presto has announced a new AI feature for its Presto Voice system, enabling drive-thru customers to place orders in Spanish and switch between English and Spanish seamlessly.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:38 pm