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PRTH

Priority Technology Holdings, Inc. (PRTH) and Ahrvo Labs have announced a strategic technology partnership, focusing on integrating CPX technology to enhance Ahrvo Labs' payment capabilities for its data compliance customers. This collaboration aims to leverage Priority's innovative payment technology to streamline and secure transactions for Ahrvo's clientele, potentially leading to improved operational efficiencies and customer satisfaction.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 2:14 pm

EU

MMTLF

SRUUF

Madison Metals CEO Duane Parnham highlights the strong support for uranium prices due to increased global demand for nuclear power amid climate change concerns and a shift towards net zero emissions. With 60 reactors under construction and 110 planned, the demand for uranium is expected to rise significantly, contrasting with the past decade's slump in uranium prices and mine development. The Sprott Physical Uranium Trust has notably impacted the market by amassing a large amount of uranium, contributing to price volatility. Recent M&A activity in the uranium sector is driven by the higher uranium prices, indicating a bullish outlook for the industry.

Portfolio Pulse from Matt Whittaker

April 23, 2024 | 2:10 pm

AAPL

Apple is reportedly in the process of developing its own custom silicon designed specifically for AI servers, according to a Mac Rumors report. This move could signify Apple's deeper foray into artificial intelligence, potentially reducing its reliance on third-party processors for AI tasks.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 2:06 pm

IBRX

The FDA approved ImmunityBio Inc's Anktiva for BCG-unresponsive non-muscle invasive bladder cancer, marking a significant advancement in immunotherapy. The approval follows a previous FDA complete response letter and is based on promising clinical results, including a 62% complete response rate. Anktiva, a first-in-class IL-15 agonist, is expected to be available in the U.S. by mid-May 2024. Following the announcement, IBRX shares rose by 4.65% to $5.17.

Portfolio Pulse from Vandana Singh

April 23, 2024 | 1:54 pm

KULR

KULR Technology Group's stock is trading higher following the announcement that the company has fulfilled an urgent order for a power cell battery deployment for AI-enabled drone and advanced air mobility missions in Ukraine.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:50 pm

LI

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) announced an Earth Day offer, providing up to $5,000 off on new R1 models for customers trading in select gas-powered vehicles. The offer includes a year of free charging on the Rivian Adventure Network and is valid for deliveries between April 22 and June 30 in the U.S. and Canada. This move comes as Tesla and Li Auto, Inc. (NASDAQ:LI) announced price cuts, with Tesla reducing prices by $2,000 across several models.

Portfolio Pulse from Shanthi Rexaline

April 23, 2024 | 1:48 pm

AMZN

Amazon has announced 'Bedrock Innovations' aimed at enabling customers to develop advanced generative artificial intelligence (AI) solutions. This initiative underscores Amazon's commitment to leading in the AI space and providing cutting-edge tools and platforms for AI development.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:43 pm

AFRM

Affirm Holdings' shares have rebounded from their lows following the news of their 'Buy Now, Pay Later' service, initially reported in 2022. This development highlights the growing interest and potential in the 'Buy Now, Pay Later' sector.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:30 pm

PLUG

Plug Power shares are trading higher following the announcement that the company has reached nameplate capacity at its hydrogen plants in Georgia and Tennessee.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:28 pm

TLSA

Tiziana Life Sciences shares surged following the FDA's approval to enroll additional patients in its intranasal foralumab multiple sclerosis expanded access program.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:24 pm