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Agilent Technologies has acquired Sigsense Technologies to enhance lab operations through AI and power monitoring. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:56 pm

AMZN

Amazon's Twitch faces profitability issues and slowed growth, raising concerns about its future. Despite generating significant revenue, Twitch remains unprofitable and has undergone multiple layoffs. Amazon's overall revenue expectations are also below consensus estimates.

Portfolio Pulse from Anusuya Lahiri

July 29, 2024 | 1:53 pm

PALI

Palisade Bio shares are trading higher after the company completed a microbiome study confirming bacterial enzymes for local bioactivation of PALI-2108.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:49 pm

LIPO

Lipella Pharmaceuticals shares are trading higher after the company announced it commenced its Phase 2a trial for LP-310 in Oral Lichen Planus.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:46 pm

VTYX

Ventyx Biosciences shares are trading lower after the company announced its Phase 2 trial of VTX958 for Crohn's disease did not meet its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:46 pm

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VOD

Kyndryl and Vodafone Business have extended their partnership to enhance security and resiliency services for financial industry customers. The new agreement includes endpoint protection, vulnerability services, and web internet protection.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:43 pm

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IBIT

Bitcoin has rebounded significantly, nearing $70,000, with key indicators suggesting continued growth. Increased market capitalization of stablecoins Tether and Circle, fair mining profitability, and large inflows into Bitcoin Spot ETFs, particularly BlackRock's ETF, are contributing factors. Despite concerns, Mt. Gox repayments have not caused market panic. Ethereum spot ETFs, however, saw net outflows recently.

Portfolio Pulse from Murtuza Merchant

July 29, 2024 | 1:42 pm

MSTR

MicroStrategy Inc (NASDAQ:MSTR) shares are trading higher as Bitcoin rises following former President Donald Trump's advocacy for crypto at the Bitcoin Conference. Trump vowed to make the U.S. a bitcoin superpower and create a national bitcoin stockpile. MicroStrategy executive chair Michael Saylor also spoke at the conference, predicting significant future value for Bitcoin. MicroStrategy, which holds 226,331 bitcoins, will report Q2 financial results on Aug. 1 and enact a 10-for-1 stock split.

Portfolio Pulse from Adam Eckert

July 29, 2024 | 1:21 pm

MULN

Mullen Automotive announced the sale of four Mullen CAMPUS EV cargo vans to DB Schenker for use on Intel's technology campus in Chandler, Arizona. Randy Marion Automotive has received full payment and delivered the vehicles.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:18 pm

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TSLA

XPEV

China's BYD has announced a price reduction of 50,000 Yuan on its hybrid SUV BAO 5, which is part of the Offroad FANGCHENGBAO lineup. This move is likely to impact the competitive landscape in the electric vehicle market.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:08 pm