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ALKT

Alkami has developed a Digital Sales & Service Maturity Model Assessment aimed at measuring digital maturity in financial institutions. This tool follows the company's recent research initiative focused on the same area.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:01 pm

TRUG

TruGolf's stock price increased following the announcement of an expanded AI technology licensing agreement with mlSpatial. This partnership is expected to enhance TruGolf's offerings by incorporating advanced AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:01 pm

NRIX

Nurix Therapeutics presented the discovery and chemical structure of its CBL-B inhibitor, NX-1607, at the American Chemical Society meeting. The presentation emphasized Nurix's role in targeted protein modulation and the unique mechanism of action of NX-1607, which acts as an intramolecular glue to lock the E3 ligase CBL-B in an inactive state. A Phase 1 trial is currently underway for NX-1607 as a monotherapy and in combination with paclitaxel for various oncology indications.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:45 pm

DIS

GOOG

TTD

Disney has announced a strategic shift in its approach to selling CTV (Connected TV) ads by partnering with Google and The Trade Desk. This move aims to expand Disney's advertising reach and capabilities in the digital and CTV advertising markets.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:41 pm

LIVN

LivaNova's shares surged following the announcement of a positive predictive outcome in its OSPREY clinical study for treating obstructive sleep apnea, leading to an early conclusion of enrollment.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:38 pm

UAVS

AgEagle Aerial Systems Inc. has announced the sale of 50 RedEdge-P Multispectral Sensors to the Greek Ministry of Agriculture. This sale is part of a tender award to a consortium that includes ALVO. The sensors are expected to enhance agricultural productivity and sustainability in Greece.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:37 pm

NVDA

QQQ

SPY

TSLA

Despite fading hopes for a March rate cut by the Federal Reserve, the S&P 500 index remains near record levels, driven by the historic hype around AI. The SPDR S&P 500 ETF (SPY) closely tracks this performance. Adam Kobeissi attributes market resilience to AI's strength, despite the Fed's cautious stance on inflation and rate cuts. Earnings season showed positive results, with significant contributions from tech and AI companies like Nvidia, which added $1 trillion to its market cap. However, Tesla reported slowing demand. The Invesco QQQ Trust (QQQ) also saw a notable gain, outperforming SPY.

Portfolio Pulse from Neil Dennis

March 20, 2024 | 1:22 pm

CELU

Celularity has submitted a request to the US FDA for Orphan Drug Designation for its asset PDA-002, aimed at treating Facioscapulohumeral Muscular Dystrophy. This step is crucial for the development and potential market exclusivity of PDA-002 in treating this rare muscular dystrophy.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:16 pm

TFFP

TFF Pharmaceuticals announced a strategic prioritization of its clinical programs, focusing on the development of Tacrolimus Inhalation Powder (TFF TAC) due to positive Phase 2 data and significant market potential in lung transplant medicine. The company is exploring strategic options for TFF VORI, including partnerships and grants, following positive Phase 2 study results and the Expanded Access Program. A clinical update on both TFF TAC and TFF VORI will be discussed on March 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:10 pm

ZM

Zoom has announced the launch of Zoom Compliance Manager, a new tool aimed at helping businesses manage their compliance with various regulations. This move is part of Zoom's ongoing efforts to enhance its platform's security and compliance features, making it more attractive for corporate and enterprise clients.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:08 pm