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BLIN

Schaedler Yesco, an electrical distribution company, has implemented Bridgeline Digital's HawkSearch technology on its eCommerce site to enhance search capabilities and improve customer experience. This move is expected to positively impact Bridgeline Digital's financial performance by showcasing the effectiveness of its HawkSearch technology and potentially attracting more clients.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:33 pm

AMZN

MDB

NCNO

SSTK

Insiders at Amazon, MongoDB, nCino, and Shutterstock have recently sold shares, indicating potential concerns or personal financial strategies. Amazon is resuming construction in Bellevue, MongoDB received a price target increase, nCino reported strong earnings, and Shutterstock posted upbeat quarterly earnings.

Portfolio Pulse from Avi Kapoor

April 09, 2024 | 12:31 pm

PRFX

PainReform disclosed to Benzinga that their product PRF-110 demonstrated a release of 34%-77% more drug over 96 hours under different testing conditions.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:30 pm

PRFX

PainReform reported to Benzinga that PRF-110 showed significantly higher rates of analgesic drug release over 72 to 96 hours compared to a leading post-surgical pain product.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:30 pm

PRFX

PainReform has announced results from new studies showing that its product, PRF-110, has superior in-vitro release rates compared to the industry leader in post-surgical pain management products. This could position PainReform as a strong competitor in the market.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:30 pm

MTEM

Molecular Templates' stock is trading higher following the announcement that the company will present interim data from its MT-6402 Phase I study on PD-L1+ solid tumors at the 2024 AACR annual meeting.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:29 pm

RVSN

Rail Vision's stock price increased following the announcement that it has received an order for its AI-powered Switch Yard System from a Class 1 freight rail company in North America.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:24 pm

AMD

BB

BlackBerry Limited (NYSE:BB) shares are up in premarket trading following the announcement of a collaboration with Advanced Micro Devices, Inc. (NASDAQ:AMD) to develop a new platform for next-generation robotic systems. This platform aims to provide low latency, jitter, and repeatable determinism in robotics, enhancing performance, reliability, and scalability in industrial and healthcare sectors. The collaboration leverages BlackBerry QNX's real-time software solutions and AMD's Kria K26 SOM technology. BlackBerry also reported a Q4 FY24 revenue of $173 million, surpassing expectations and marking a significant year-over-year growth.

Portfolio Pulse from Nabaparna Bhattacharya

April 09, 2024 | 12:23 pm

AGMH

AGM Group Holdings has signed a Memorandum of Understanding (MoU) with RED DOT ANALYTICS PTE. LTD to construct AI data centers. This partnership will utilize RDA's digital-twin platform alongside AGM's purpose-built data centers designed specifically for AI workloads.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:19 pm

ARM

Arm Holdings Plc (NASDAQ:ARM), a British semiconductor design company, has seen its stock price surge over 80% this year, driven by its AI narrative and increased royalty fees. However, Morningstar predicts a 56% drop in ARM's stock price, considering it overvalued at its current levels. Despite this, some experts and firms like Mizuho Securities and EMJ Capital remain optimistic about ARM's future growth, especially in the mobile CPU space and AI market.

Portfolio Pulse from Rounak Jain

April 09, 2024 | 12:16 pm