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INDP

Indaptus Therapeutics (NASDAQ: INDP) will present new positive data on its lead product candidate, Decoy20, at the 7th Annual Next-Gen Immuno-Oncology Conference in Boston on June 20-21, 2024. The presentation will include preliminary results from an ongoing Phase 1 study of Decoy20 in patients with advanced solid tumors.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:27 pm

CYCC

CYCCP

Cyclacel Pharmaceuticals presented preclinical data at the 2024 ASCO Annual Meeting showing that their CDK2/9 inhibitor, fadraciclib, demonstrated significant efficacy in patient-derived colorectal cancer models.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:27 pm

APLM

Apollomics Inc. (NASDAQ:APLM) presented data on its oncology drug candidate, Vebreltinib, at the 2024 ASCO Annual Meeting. The presentations were made by partner company Avistone Biotechnology and are available on Apollomics' website.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:23 pm

BNZI

Banzai shares are trading higher after the company announced the addition of AI-powered phone agents and 11 new campaign types to its Reach solution.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:22 pm

OXY

Occidental (NYSE:OXY) and BHE Renewables, a subsidiary of Berkshire Hathaway Energy, have formed a joint venture to commercialize TerraLithium's Direct Lithium Extraction (DLE) technology. The venture aims to produce high-purity lithium compounds from geothermal brine at BHE Renewables' Imperial Valley geothermal facility.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:22 pm

WULF

TeraWulf Inc. (NASDAQ:WULF) announced its May 2024 production and operations update, highlighting the mining of 186 Bitcoin, an 82% year-over-year increase in self-mining capacity to 8.0 EH/s, and advancements in their AI/HPC digital infrastructure pilot.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:21 pm

LCFY

Locafy has signed its first contracts through its partnership with diDNA. The contracts involve one US-based and one Australia-based publisher, where Locafy will implement its Article Accelerator technology.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:21 pm

MGRX

Mangoceuticals shares are trading higher following the announcement of new proprietary formulations for treating low testosterone and male hormone imbalances.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:21 pm

AMZN

ARM

AVGO

CDNS

GOOG

MRVL

MSFT

SNPS

Broadcom and Marvell are set to benefit significantly from the growing demand for custom ASIC solutions driven by generative AI. JPMorgan analyst Harlan Sur predicts the custom chip market will grow to $20-30 billion, with a 20% CAGR. Broadcom holds a dominant market share, while Marvell is rapidly gaining ground. Cloud giants like Google, Amazon, and Microsoft are increasingly opting for custom ASICs over off-the-shelf products, boosting demand for Broadcom and Marvell's solutions.

Portfolio Pulse from Surbhi Jain

June 04, 2024 | 12:20 pm

CMI

PCAR

Accelera by Cummins, Daimler Truck, and PACCAR have completed the formation of their joint venture, Amplify Cell Technologies, to localize battery cell production in the U.S. The venture will build a 21-GWh factory in Mississippi, creating over 2,000 jobs and starting production in 2027. Kel Kearns has been named CEO.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:20 pm