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SHIBUSD

Shiba Inu (SHIB) has surged 14% over the past week due to community developments and positive trader outlooks. The cryptocurrency plans to launch a decentralized autonomous organization (DAO) to empower holders with voting rights, enhancing its governance structure. Increased transactions and bullish sentiment suggest potential further gains.

Portfolio Pulse from Khyathi Dalal

August 26, 2024 | 12:17 pm

SCPX

Scorpius Holdings, Inc (NYSE American: SCPX) has expanded its biologic manufacturing capabilities, resulting in a threefold revenue increase for the first half of 2024. The company raised $14.4 million to support growth and transition key clients to full-scale manufacturing.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:14 pm

EBAY

Ikea is launching 'Ikea Preowned,' a peer-to-peer marketplace for secondhand furniture, to compete with platforms like eBay and Craigslist. The trial will start in Madrid and Oslo, with plans for global expansion. This move aligns with Ikea's shift towards digital and city-center retailing.

Portfolio Pulse from Benzinga Neuro

August 26, 2024 | 12:14 pm

DARE

Daré Bioscience has published safety findings from its Phase 2b RESPOND clinical study of Sildenafil Cream, 3.6% in The Journal of Sexual Medicine. The study shows the cream is safe and well-tolerated, without common side effects like headache and flushing seen in oral sildenafil.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:13 pm

GMGI

Golden Matrix Group's subsidiary, Meridianbet, has been shortlisted for an exclusive sports betting and iGaming license in Brazil, positioning it among a select group of global operators in a highly anticipated market.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:12 pm

TSLA

Tesla has extended its zero-percent financing option for Chinese buyers of Model Y and Model 3 until the end of Q3. Analyst Gordon Johnson warns this could negatively impact Tesla's Q3 margins, suggesting potential demand issues in China.

Portfolio Pulse from Shanthi Rexaline

August 26, 2024 | 12:10 pm

ILAG

Intelligent Living Application Group Inc. (NASDAQ:ILAG) has entered into a strategic cooperation agreement with Specifix Limited, a leader in AI-assisted robotics research in Hong Kong. This partnership aims to enhance ILAG's technological capabilities and expand its market presence.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:08 pm

GAME

FaZe Clan secured $2 million in prize winnings by finishing sixth at the 2024 Esports World Cup, contributing to GameSquare's Q3 revenue. The event featured a record prize pool of over $60 million with more than 500 teams competing.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:08 pm

SBFM

Sunshine Biopharma has launched nine new generic prescription drugs in Canada, expanding its portfolio to 61 products. These new drugs target oncology, cardiovascular, and other therapeutic areas, enhancing the company's presence in the $9.7 billion Canadian generic drug market.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:05 pm

RYTM

Rhythm Pharmaceuticals announced that the FDA has accepted its supplemental NDA for IMCIVREE, targeting obesity in young children with specific genetic conditions. The FDA has granted a Priority Review with a decision expected by December 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:05 pm