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GRNQ

Greenpro Capital's GreenX is expanding into the Middle East by partnering with Sharia Digital Technologies FZ LLC in Dubai. This collaboration will establish Dubai as GreenX's regional headquarters and involve technology transfer and Shariah-compliant digital asset exchange development.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:50 pm

OWLT

Owlet has launched its medically-certified Dream Sock in Europe, expanding its market reach. The announcement was made at Kind + Jugend 2024, indicating a strategic move to increase global availability.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:42 pm

MRK

PCVX

PFE

Vaxcyte, Inc. (NASDAQ:PCVX) announced promising results from its Phase 1/2 trial of VAX-31, a 31-valent pneumococcal vaccine, showing strong immune responses and safety. The stock surged 42.3% following the news. VAX-31 will advance to Phase 3 trials, with plans for a pediatric study in 2025.

Portfolio Pulse from Vandana Singh

September 03, 2024 | 1:40 pm

NVAX

The FDA has granted Emergency Use Authorization to Novavax's updated COVID-19 vaccine, targeting currently circulating variants. The vaccine is recommended by the CDC and will be available soon. Novavax's stock rose by 3.30% following the news.

Portfolio Pulse from Vandana Singh

September 03, 2024 | 1:35 pm

AAPL

AMD

ARM

INTC

IVW

IWF

MSFT

QCOM

Microsoft's new AI PCs, powered by Qualcomm chips and Arm designs, face gaming compatibility issues, unlike traditional Intel-powered PCs. Analysts expect improvements with Intel's upcoming AI chips. Microsoft stock has gained over 25% in the last year, with a current price above its 200-day moving average, indicating a bullish trend.

Portfolio Pulse from Anusuya Lahiri

September 03, 2024 | 1:33 pm

RXRX

Recursion Pharmaceuticals (NASDAQ:RXRX) shares fell after announcing Phase 2 trial results for REC-994 in treating Cerebral Cavernous Malformation. While the trial met safety endpoints, no significant improvements in patient outcomes were observed at 12 months. The company plans further studies and discussions with the FDA.

Portfolio Pulse from Adam Eckert

September 03, 2024 | 1:28 pm

AMD

CDNS

META

MSFT

NVDA

SNPS

SOXX

TDIV

TSM

Taiwan Semiconductor Manufacturing Co (TSM) is collaborating with global chip designers and suppliers to develop next-generation silicon photonic solutions, crucial for AI computing. The stock is trading lower premarket despite a 40% projected growth in the silicon photonics market. TSM has invested significantly in U.S. facilities, countering claims of job loss to Taiwan.

Portfolio Pulse from Anusuya Lahiri

September 03, 2024 | 1:28 pm

LMB

Limbach Holdings, Inc. (NASDAQ:LMB) has acquired Kent Island Mechanical, LLC for an initial purchase price of $15 million. This acquisition enhances Limbach's service offerings in the Greater Washington, D.C. metro region, focusing on building systems solutions.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:20 pm

TLS

Telos Corporation has expanded its operations by opening new locations in Florida, Kentucky, Louisiana, Michigan, Oklahoma, Pennsylvania, and Tennessee. This expansion could potentially increase their market reach and operational capacity.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:18 pm

CLSK

CleanSpark Inc. reported mining 478 bitcoins in August 2024, increasing its total bitcoin holdings to 7,558. The company also enhanced its operating hashrate by 1.4 EH/s and plans to add 65 MW of data center capacity in September.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:17 pm