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AIRE

reAlpha Tech has acquired the mortgage brokerage company Be My Neighbor, expanding its real estate services to include mortgage lending and refinancing. This acquisition enhances reAlpha's AI-powered homebuying platform by integrating mortgage services.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:02 am

RMTI

Rockwell Medical, Inc. (NASDAQ:RMTI) has secured a significant product purchase agreement with a leading US at-home and acute care dialysis provider. The deal involves supplying their RenalPure® and SteriLyte® products, tailored for both large and small dialysis settings.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:02 am

TSLA

Elon Musk refutes claims of Tesla's struggles in China, stating that the Shanghai factory is operating at full capacity. Despite competition from BYD and others, Tesla's August sales in China grew 17% from July. Tesla plans to introduce a six-seat Model Y in China next year.

Portfolio Pulse from Anan Ashraf

September 09, 2024 | 9:53 am

PCRFY

TSLA

Panasonic has completed preparations for mass production of high-capacity 4680 EV batteries at its Wakayama plant, which will serve as a testing site for global processes. This move is crucial for the EV market as demand for efficient batteries grows. Panasonic is a key supplier for Tesla, which faces competition from Chinese automakers.

Portfolio Pulse from Benzinga Neuro

September 09, 2024 | 9:49 am

CVNA

Carvana Co. (NYSE:CVNA) is expanding its operations in Houston by integrating a new auction and reconditioning 'Megasite'. This expansion will create approximately 200 jobs and enhance Carvana's retail and wholesale operations.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 9:06 am

CTGO

Contango ORE, Inc. has commenced its second campaign of gold ore processing at the Kinross Fort Knox mill in Alaska. The company has also received a key permit for infrastructure development and is advancing its Johnson Tract project with a new economic assessment and ongoing drilling.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 9:05 am

BA

A Boeing 737 operated by Dalian Airlines experienced an engine malfunction during a flight from Dalian to Beijing. The aircraft returned safely to Dalian Airport.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 9:03 am

ICE

Intercontinental Exchange, Inc. (ICE) has confirmed the cessation of U.S. dollar LIBOR by September 2024, as announced by the U.K. Financial Conduct Authority. The FCA will not compel ICE Benchmark Administration to continue publishing synthetic U.S. dollar LIBOR settings beyond this date.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 9:03 am

SONM

Sonim Technologies has launched two new rugged phones, the XP400 and XP100, targeting the EMEA market. These phones are expected to disrupt the rugged professional segment with their quality and competitive pricing. They will be available in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:19 am

DSNKY

MRK

Daiichi Sankyo and Merck's drug, ifinatamab deruxtecan, shows a 54.8% response rate in a Phase 2 trial for small cell lung cancer, with 12 mg/kg chosen as the optimal dose for further studies.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:13 am