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COCP

Cocrystal Pharma has successfully completed the enrollment of 78 subjects in a Phase 2A human challenge clinical study for evaluating CC-42344, aimed at treating those infected with Influenza A.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:12 pm

SMWB

Similarweb has announced the open beta release of its AI tool, SAM, aimed at enhancing web analytics capabilities. This development could signal an innovative leap for Similarweb, potentially increasing its market competitiveness and attractiveness to investors.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:12 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) has secured the first international safety and performance certification for electrolyzer manufacturing in Korea, enabling commercial sales in the market. This milestone was achieved through a collaboration with SK E&S and marks Plug Power as a first mover in the Korean PEM electrolyzer market. The certification covers the EX425D, a 1 MW PEM electrolyzer. Additionally, Plug Power announced two new contracts for Basic Engineering and Design Packages in Europe and the U.S., further expanding its global footprint.

Portfolio Pulse from Nabaparna Bhattacharya

May 01, 2024 | 12:10 pm

BMY

EDIT

Editas Medicine has extended its collaboration with Bristol Myers Squibb for two more years, focusing on alpha-beta T cell therapies. The partnership, which can be further extended by up to two years, has already seen Bristol Myers Squibb opt into 13 programs across 11 gene targets. Two of these programs are in IND-enabling studies, with four more in late-stage discovery. Editas may develop genome editing tools, with Bristol Myers Squibb having the option to use these tools for developing gene-edited therapies. Editas is eligible for milestone payments and royalties on net sales of any approved products.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:09 pm

AKTX

PKBO

Akari Therapeutics and Peak Bio have announced a portfolio prioritization plan following their merger. The plan focuses on advancing Peak's ADC cancer therapeutic platform and Akari's PAS-nomacopan for Geographic Atrophy. Additionally, Akari Therapeutics has announced leadership changes.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:08 pm

KGRN

NIO

PGJ

NIO Inc. shares are up after reporting a 134.6% year-over-year increase in April vehicle deliveries, totaling 15,620 vehicles. This includes both electric SUVs and sedans, with cumulative deliveries reaching 495,267. The company also introduced the 2024 ET7 sedan and announced a partnership with Lotus Technology for charging solutions. NIO's stock has seen a 39% decline over the past year but is currently up 1.48% in premarket trading. Investors can also gain exposure to NIO through KGRN and PGJ ETFs.

Portfolio Pulse from Nabaparna Bhattacharya

May 01, 2024 | 11:56 am

WSM

Williams-Sonoma's subsidiary, Pottery Barn Teen, has launched an expanded dorm collection featuring enhanced digital tools and a new design and shopping experience aimed at providing convenience and innovation to customers. This move is part of Williams-Sonoma's strategy to strengthen its market position and cater to the evolving needs of its customer base.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:55 am

TSLA

XPEV

XPeng Inc's CEO Xiaopeng He welcomed Tesla Inc's entry into China with its full self-driving (FSD) software, viewing it as a positive development for the smart EV industry. He believes large AI models, like Tesla's FSD, will propel the industry forward by enabling autonomous driving within three years. XPeng is also advancing its own autonomous driving technology, XNGP, which is being tested in Europe and is available in 259 cities in China. Tesla has partnered with Baidu Inc for navigation data in China, indicating compliance with local data security requirements.

Portfolio Pulse from Anan Ashraf

May 01, 2024 | 11:47 am

J

Jacobs Engineering Group Inc. has been awarded a contract by Brightline West to complete the final design of the Nevada rail segment, marking a significant step forward in the development of this high-speed rail project.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:46 am

REAX

The Real Brokerage Inc. (REAX) announced the joining of Village Premier Collection under its new Private Label Program, aiming to expand its market presence.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:34 am