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SABR

Sabre Corporation has signed a multi-year distribution agreement with Arajet, a Dominican airline, to expand its reach and boost sales. This agreement allows Arajet to distribute its flight inventory through Sabre's global network of travel buyers, enhancing the airline's distribution capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:31 pm

AMZN

COST

MCD

NKE

WMT

Jim Cramer suggests companies should lower prices amid inflation concerns, citing examples like Nike's mixed quarter and McDonald's value meals. He notes stock gains for Amazon, Costco, and Walmart as evidence of consumer preference for lower prices.

Portfolio Pulse from Benzinga Neuro

October 03, 2024 | 12:24 pm

SCYX

SCYNEXIS, Inc. (NASDAQ:SCYX) will present preclinical data on its second-generation antifungal candidate SCY-247 at IDWeek 2024. The presentations will cover the efficacy and pharmacokinetics of SCY-247, highlighting its potential in treating drug-resistant infections.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:21 pm

SOBR

SOBRsafe, a provider of transdermal alcohol detection solutions, is exploring international expansion opportunities in India, Italy, and Australia. The company has been approached by interested parties in these regions, highlighting potential applications in critical infrastructure, commercial fleets, and family law.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:19 pm

GAME

GameSquare's subsidiary, Zoned, has announced a significant partnership with Clout, an esports platform, involving a six-figure retainer deal. This partnership aims to enhance user engagement through gamified experiences and coincides with Clout's new platform features.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:18 pm

AMZN

DIS

NFLX

Amazon plans to increase ads on Prime Video, aiming to enhance its ad-supported streaming services. Despite initial fears, subscriber numbers remain stable. The move positions Amazon alongside competitors like Netflix and Disney, with plans to introduce interactive ad formats.

Portfolio Pulse from Rounak Jain

October 03, 2024 | 12:14 pm

MDAI

Spectral AI, Inc. (NASDAQ:MDAI) has completed a proof-of-concept module for its wound measurement technology, which calculates the total body surface area of burns. This technology, integrated into the DeepView® System, aims to improve the speed and accuracy of burn size estimation, crucial for acute burn management.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:13 pm

LEVI

NVDA

TOVX

Levi Strauss & Co shares fell 12% due to disappointing Q3 sales and lower FY24 EPS guidance. Theriva Biologics shares surged 61% after a positive DSMC review for its SYN-004 trial. Nvidia shares rose 2% as CEO Jensen Huang highlighted strong demand for the next-gen Blackwell GPU platform.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:13 pm

ARTY

SMCI

SMCX

Super Micro Computer, Inc. (SMCI) has partnered with Fujitsu to develop a high-performance, energy-efficient server platform featuring Fujitsu's future Arm-based processor, set for release in 2027. The collaboration will focus on AI, HPC, and green data centers, leveraging Supermicro's flexible design for quick server customization. Investors can gain exposure to Super Micro through ETFs like iShares Future AI & Tech ETF (ARTY) and Defiance Daily Target 2X Long SMCI ETF (SMCX).

Portfolio Pulse from Lekha Gupta

October 03, 2024 | 12:12 pm

PCRX

Pacira BioSciences announced that the Centers for Medicare and Medicaid Services has issued a new J-code for EXPAREL, effective January 1, 2025. This change is expected to streamline billing and reimbursement processes.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:12 pm