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TRUG

TruGolf Holdings, Inc. (NASDAQ:TRUG) has announced a strategic partnership with Franchise Well to accelerate its global expansion through franchising. This move aims to capitalize on the growing demand for off-course golf experiences, as evidenced by the National Golf Foundation's data showing a significant increase in off-course golf participation. TruGolf's CEO, Chris Jones, emphasized the goal of making golf more accessible globally, while Franchise Well's Ben Litalien highlighted the low labor, high technology appeal of TruGolf's franchising model.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:05 pm

ACN

MSFT

Accenture Federal Services (AFS), a subsidiary of Accenture, has partnered with Microsoft to launch a Cloud Modernization and Migration Factory on Azure. This first-of-its-kind factory aims to significantly accelerate the process of federal cloud migrations, reducing the time required from years to months.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:04 pm

DIS

Walt Disney has integrated the general-audience-focused Hulu streaming service into the Disney+ app, combining titles like 'The Bear' and 'American Horror Story' with family-friendly content such as 'Moana' and 'Frozen'.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:02 pm

SEIC

SEI Investments (NASDAQ:SEIC) has been selected by IXS Holdings, a multi-national manufacturer owned by Clearlake Capital Group, to manage its cybersecurity and network operations through SEI Sphere. This partnership aims to enhance operational outcomes across IXS Holdings' 35 branch plants in the U.S. and Canada by providing comprehensive cybersecurity and IT solutions, including network monitoring, threat detection, and remediation services.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:02 pm

ENVB

Enveric Biosciences (NASDAQ:ENVB) reported its Q4 and fiscal year 2023 financial results, showing a decrease in cash, R&D, G&A, and total operating expenses compared to 2022. The company also reported a smaller net loss for both the quarter and the year. Enveric completed a warrant inducement transaction, raising $4.5 million. The company is advancing two drug candidates, EB-003 and EB-002, targeting mental health conditions, with plans to file regulatory applications in Australia and the U.S. Enveric discovered over 1,000 psychedelic-inspired compounds and strengthened its IP portfolio with ten new U.S. patents. It also signed term sheets for potential revenue of $261 million from out-licensing compounds.

Portfolio Pulse from Lara Goldstein

March 27, 2024 | 12:59 pm

AAPL

Jim Cramer warned that owning Apple Inc. (AAPL) stock could be painful due to a 30% drop in iPhone sales in China, a crucial market. This decline is part of a broader trend affecting foreign brands in China, attributed to geopolitical issues. Despite this, Apple's stock was up 0.43% in premarket trading.

Portfolio Pulse from Rounak Jain

March 27, 2024 | 12:57 pm

GETY

Getty Images (NYSE:GETY) has renewed its partnership with the United Football League (UFL) as the Official Photographic Agency. This multi-year agreement involves Getty Images' sports photographers and editors delivering high-quality imagery from every game of the UFL's 12-week season, starting March 30, 2024. The imagery will cover all aspects of the games and will be distributed exclusively through Getty Images' platform.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:57 pm

GWRE

United Automobile Insurance Company has adopted Guidewire Cloud to enhance its operations. This move is expected to streamline processes and improve customer service. Guidewire Software, Inc. (GWRE) provides the cloud platform, indicating a positive outlook for its business growth and client base expansion.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:56 pm

CMND

SPRC

SciSparc Ltd. (NASDAQ:SPRC) and Clearmind Medicine Inc. (NASDAQ:CMND) have advanced their collaboration with a new international patent application for a treatment aimed at preventing and treating depression. This application involves a novel composition combining Clearmind's MEAI compound with SciSparc's CannAmide™. The global market for depression and anxiety disorders treatment is projected to grow significantly, indicating a substantial market opportunity for this collaboration.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:56 pm

LUXH

LuxUrban Hotels announced its expectation to expand its portfolio in FY24, focusing on acquiring higher-quality 3.5 to 4.5-star properties under long-term master lease agreements. This strategic move is aimed at generating increased Total Revenue per Available Room (TRevPAR).

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:53 pm