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MIGI

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) announced a 30% growth in its co-location services business, expanding to about 25,284 miners or 82 MW. This includes a new agreement with Consensus Technology Group LLC, adding approximately 5,880 miners or 20 MW. The expansion follows three successful co-location customer agreements since Q4, 2023, showcasing Mawson's operational and technological excellence in digital infrastructure.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:52 pm

MRNA

Moderna Inc's stock rose after announcing positive Phase 3 trial results for its next-generation COVID-19 vaccine, MRNA-1283, and a $750 million investment from Blackstone Life Sciences for its flu program. The company's advancements in its mRNA vaccine pipeline were highlighted during its fifth Vaccines Day event, including the progression of multiple vaccine programs to late-stage clinical trials. MRNA-1283 showed a higher immune response than its licensed COVID-19 vaccine, and the investment will support the development of a combination flu and COVID-19 vaccine.

Portfolio Pulse from Adam Eckert

March 27, 2024 | 12:51 pm

SMX

SMX (Security Matters) has announced a full industrial marking process for the steel industry, enabling customers to accurately track, authenticate, and report the origination and amount of recycled content in their steel products. This technology aims to enhance compliance and operational transparency.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:49 pm

SVMH

SRIVARU Holding Limited (NASDAQ: SVMH), a leading provider of premium electric motorcycles, announced the successful completion of road performance tests for its Prana 2.0 intelligent battery system. The system, installed in the Prana Grand and Prana Elite models, exceeded performance expectations, achieving ranges of over 150 km and 250 km on a single charge, respectively. The Prana 2.0 system includes enhancements like temperature sensors for safety and meets the AIS-156 Phase 3 certification. CEO Mohanraj Ramasamy highlighted the system's significant range improvement and its potential to position SRIVARU as a market leader globally.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:42 pm

IRBT

LOT

LULU

The article highlights the top 3 consumer discretionary stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential for growth this quarter. Lotus Technology Inc. (LOT), iRobot Corporation (IRBT), and Lululemon Athletica Inc. (LULU) are identified as major oversold players in the sector, with RSI values below 30. LOT plans to report financial results on April 8, 2024, IRBT issued Q1 2024 financial expectations, and LULU posted strong Q4 results but gave a weak Q1 forecast.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 12:40 pm

ONDS

Ondas Holdings Inc. (NASDAQ:ONDS), through its subsidiary American Robotics, has entered a strategic partnership with ResilienX to enhance the safety and reliability of autonomous systems, particularly for BVLOS applications. This collaboration involves integrating ResilienX's IASMS solution, FRAIHMWORK®, into American Robotics' Optimus System and reselling ResilienX's software solutions. The partnership aims to set new benchmarks in autonomous system monitoring and assurance within complex environments.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:40 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares rose after announcing the Robinhood Gold Card, offering 3% cash back on all purchases and 5% on travel through its portal, with no annual or foreign transaction fees. The card is exclusive to Robinhood Gold customers and rewards can be used for various purposes including investment. The announcement was made at the 'Robinhood Presents' event, which also featured a Robinhood app redesign. This move is part of Robinhood's ongoing expansion in personal finance.

Portfolio Pulse from Adam Eckert

March 27, 2024 | 12:38 pm

OSS

OSS has been selected to design and manufacture a new video concentrator for the US Army's 360-degree visualization systems. This development marks a significant step for OSS in expanding its footprint in the defense sector and showcases its capabilities in high-performance computing solutions.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:37 pm

BLIN

Bridgeline Digital, Inc. (BLIN) has been selected by a building supplies retailer for its AI-powered search technology. This partnership aims to enhance the retailer's online search capabilities, potentially increasing customer satisfaction and sales.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:35 pm

ALLR

Allarity Therapeutics has announced a strategic shift to focus exclusively on advancing Stenoparib towards regulatory approval, while de-prioritizing the development of IXEMPRA and Dovitinib. This decision reflects the company's commitment to streamline its development efforts and resources towards Stenoparib, a promising candidate in its pipeline.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:33 pm