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IFRX

InflaRx announced its strategic focus on developing treatments in immuno-dermatology, specifically advancing vilobelimab and INF904 into registrational-phase trials. This decision highlights the company's commitment to addressing unmet needs in dermatological immune disorders.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:14 am

TELA

TELA Bio announced the U.S. commercial launch of LIQUIFIX, the only FDA-approved liquid adhesive for internal use in hernia surgery. This product is expected to revolutionize the way hernia surgeries are performed by providing a new, innovative solution for surgeons.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:12 am

EVGO

EVgo has announced the opening of its first fast charging station, which was deployed using the company's innovative prefabrication approach. This new method is expected to streamline the deployment process for EVgo's charging infrastructure, potentially leading to faster expansion and increased accessibility for electric vehicle (EV) users.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:11 am

LOW

Lowe's has announced initiatives to assist homeowners in saving money on their spring home improvement projects, aiming to provide cost-effective solutions.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:10 am

LASE

Laser Photonics has entered into a distribution agreement with Incredible Supply & Logistics for its military and industrial laser solutions. This partnership aims to expand the reach of Laser Photonics' products in these sectors.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:09 am

AMZN

IYC

META

PDD

RTH

WMT

Amazon is enhancing its delivery speed and trust to compete with Chinese e-commerce platforms Temu and Shein, which are rapidly expanding in the US. Temu, backed by PDD Holdings, has become a significant advertiser on Meta Platforms, challenging Amazon's market share. Amazon is responding by expanding same-day delivery and emphasizing its reliability. Despite these efforts, Temu and Shein continue to grow, leveraging direct shipping from China and competitive pricing. Amazon's sales from Chinese vendors have increased by over 20%, and its stock has risen by 77% over the past year. Investors can also gain exposure to Amazon through IShares U.S. Consumer Discretionary ETF and VanEck Retail ETF.

Portfolio Pulse from Anusuya Lahiri

March 21, 2024 | 11:09 am

GOGO

Gogo Business Aviation has announced the commencement of virtual flight simulation testing for its 5G software, with expectations to launch Gogo 5G later this year. This development marks a significant step towards enhancing in-flight connectivity services.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:08 am

DOGE-USD

Cryptocurrency analysts predict a price surge for Dogecoin (DOGE) following a period of consolidation. Bluntz Capital and Rekt Capital have both indicated positive trends based on price patterns against USD and BTC. Additionally, Coinbase Derivatives plans to include Dogecoin in its future trading offerings, alongside Litecoin (LTC) and Bitcoin Cash (BCH). Tesla CEO Elon Musk's support for DOGE also continues, with Dogecoin accepted for Tesla merchandise. DOGE has seen a 78% increase over the past month.

Portfolio Pulse from Mehab Qureshi

March 21, 2024 | 11:00 am

BDX

Becton, Dickinson and Company (BDX) has increased its domestic production capabilities to meet the growing demand for syringes in the U.S. healthcare sector. This strategic move aims to support the urgent needs of the healthcare system by ensuring a steady supply of this critical medical equipment.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:54 am

CLVT

Clarivate Plc (NYSE:CLVT) has announced the acquisition of the majority of assets from MotionHall, a Silicon Valley-based AI start-up focusing on life sciences. The financial details of the transaction were not disclosed. This acquisition is a strategic move to enhance Clarivate's Life Sciences & Healthcare offerings through generative AI and AI solutions, aiming to improve products like Clarivate Cortellis and introduce new tools such as a Business Development & Licensing Enterprise Workbench. Clarivate's cash position was $370.7 million as of December 31, 2023. Following the news, CLVT shares rose 4.06% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 21, 2024 | 10:53 am