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LVO

LiveOne (NASDAQ:LVO) announced that its total memberships have surpassed 3.9 million, with a 23% year-over-year growth. Tesla memberships grew by 26% YoY, and new paid members increased by over 225,000 in Fiscal Year 2025 and 64,000 in July 2024. The B2B pipeline expanded to 63, including four new partnerships to be announced.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:05 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has removed the need for a reservation to purchase the limited-edition Foundation Series Cybertruck, which starts at $99,990. The AWD version will be delivered between August and September, while the Cyberbeast variant will be delivered between October and December. Customers can also reserve a range extender for an additional $16,000. Tesla aims to ramp up production to 2,500 units per week by the end of the year and deliver 250,000 Cybertrucks annually starting in 2025.

Portfolio Pulse from Anan Ashraf

August 09, 2024 | 12:05 pm

BTCUSD

ETHUSD

SOLUSD

Crypto analyst DonAlt highlights key levels for Bitcoin, Ethereum, and Solana, suggesting cautious trading. Bitcoin's $60K level is critical, Ethereum shows weakness against Bitcoin, and Solana's recent short trade was profitable. Bitcoin's correlation with the S&P 500 and macro factors are also emphasized.

Portfolio Pulse from Khyathi Dalal

August 09, 2024 | 11:36 am

SOLUSD

The newly launched cryptocurrency 'Restore the Republic' (RTR) on the Solana blockchain saw its value plummet by 95% after Eric Trump confirmed it is not an official Trump coin. The token initially surged to a $155 million market cap before the sharp decline. The incident highlights the risky nature of the memecoin market.

Portfolio Pulse from Murtuza Merchant

August 09, 2024 | 11:24 am

RNA

Avidity Biosciences announced promising data for del-zota (delpacibart zotadirsen), showing potential to change the treatment paradigm for Duchenne Muscular Dystrophy (DMD) mutations amenable to exon 44 skipping. The treatment demonstrated favorable safety, tolerability, and significant increases in dystrophin production.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:16 am

BRY

Berry Corp has reaffirmed its FY24 average daily production guidance of 24,600-25,800 barrels of oil equivalent per day (boe/d).

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:09 am

DTIL

TGTX

Precision Biosciences announced that its partner, TG Therapeutics, has received U.S. FDA clearance for an Investigational New Drug (IND) application to investigate Azercabtagene Zapreleucel (Azer-cel) in human clinical trials for multiple sclerosis.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:08 am

PGY

Pagaya Technologies (NASDAQ: PGY) has entered into a $1 billion consumer loan agreement with Castlelake, L.P. This deal will allow Castlelake to purchase up to $1 billion in consumer loans through Pagaya's AI-driven network over an initial 12-month term, with potential extensions. This agreement enhances Pagaya's funding capacity and diversifies its funding sources.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:06 am

AMCX

NFLX

AMC Networks has expanded its relationship with Netflix to curate prior seasons of 15 AMC branded shows on Netflix, launching on August 19. Additionally, AMC has entered a new licensing partnership with Sky for The Walking Dead Universe in the UK.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:06 am

BATT

LIT

US Strategic Metals (USSM) has secured a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) for a potential $400 million debt funding package for its Madison cobalt project in Missouri. This funding could significantly reduce the US's reliance on foreign cobalt sources, particularly from the Democratic Republic of Congo. The Madison project is one of the largest cobalt reserves in North America, with an estimated 72 million pounds of recoverable cobalt.

Portfolio Pulse from Stjepan Kalinic

August 09, 2024 | 10:58 am