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DNA

Prozomix and Ginkgo Bioworks have announced a partnership to develop next-generation enzymes for sustainable Active Pharmaceutical Ingredient (API) manufacturing. This collaboration aims to leverage both companies' strengths to enhance the sustainability and efficiency of API production processes.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:04 am

CANF

Can-Fite BioPharma Ltd. has submitted an IND application to the FDA for a Phase IIb clinical trial of Namodenoson in MASH patients, aiming to address metabolic dysfunction-associated steatohepatitis (NASH).

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:03 am

ARQQ

LuxAG has announced a partnership with Arqit and Traxpay to finance digital negotiable instruments, leveraging Arqit's quantum encryption technology and Traxpay's financing platform. This collaboration aims to enhance the security and efficiency of digital financial transactions.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:02 am

X

US Steel (X) and CarbonFree have entered into a definitive agreement to capture carbon dioxide emissions. This partnership aims to reduce the environmental impact of US Steel's operations by implementing CarbonFree's technology to capture and reduce CO2 emissions.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:01 am

GELYY

Zeekr, Geely Automobile Holdings' premium EV brand, is reviving its plans for a $500M IPO in New York, after halting due to market volatility. The company has resumed investor engagement and filed with the SEC. This comes amid a quiet period for Chinese companies' IPOs in the U.S, with Zeekr aiming to double its car deliveries in 2024.

Portfolio Pulse from Shivani Kumaresan

April 03, 2024 | 10:56 am

TSLA

Tesla Inc. (NASDAQ:TSLA) is shifting investor focus to its energy storage business amid a slowdown in EV demand. The company reported a record 4,053 MWh of energy storage products deployed in the quarter, a 4.2% year-on-year increase, alongside a decline in vehicle deliveries by 8.5% to 386,810 vehicles. The decline in vehicle deliveries was attributed to various factors including the production ramp of its refreshed Model 3, an arson attack on its Berlin gigafactory, and supply chain disruptions. Despite a 7.8% quarterly decrease in energy segment revenue, the annual revenue grew by 54% to $6,035 million. Tesla aims for the energy storage business growth to surpass the automotive sector in 2024.

Portfolio Pulse from Anan Ashraf

April 03, 2024 | 10:53 am

AULT

Ault Alliance's subsidiary, Sentinum, reported mining 105 Bitcoin in March 2024, showcasing significant operational success in the cryptocurrency mining sector.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 10:36 am

NFGC

New Found Gold Corp. (NFGC) announced positive results from its Phase 1 metallurgical test at Queensway, showing 90% to 96% gold extraction rates. This development could significantly impact the company's gold production capabilities and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 10:35 am

GIB

CGI has entered into a partnership with MOSL to manage core platforms, enhancing operational efficiency and service delivery.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 10:33 am

XIACF

Xiaomi (OTC:XIACF) has started delivering its first electric vehicle, the SU7 sedan, with over 100,000 orders received. The vehicle, priced lower than Tesla's Model 3 in China, marks Xiaomi's entry into the electric vehicle market. CEO Lei Jun predicts a Tesla-like success for Xiaomi in the EV sector, emphasizing the shift towards intelligent vehicles as the next battleground.

Portfolio Pulse from Anan Ashraf

April 03, 2024 | 10:21 am