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TSM

Taiwan Semiconductor Manufacturing Co (TSM) is collaborating with global chip designers and suppliers to develop next-generation silicon photonic solutions, crucial for AI computing. The stock is trading lower premarket despite a 40% projected growth in the silicon photonics market. TSM has invested significantly in U.S. facilities, countering claims of job loss to Taiwan.

Portfolio Pulse from Anusuya Lahiri

September 03, 2024 | 1:28 pm

LMB

Limbach Holdings, Inc. (NASDAQ:LMB) has acquired Kent Island Mechanical, LLC for an initial purchase price of $15 million. This acquisition enhances Limbach's service offerings in the Greater Washington, D.C. metro region, focusing on building systems solutions.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:20 pm

TLS

Telos Corporation has expanded its operations by opening new locations in Florida, Kentucky, Louisiana, Michigan, Oklahoma, Pennsylvania, and Tennessee. This expansion could potentially increase their market reach and operational capacity.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:18 pm

CLSK

CleanSpark Inc. reported mining 478 bitcoins in August 2024, increasing its total bitcoin holdings to 7,558. The company also enhanced its operating hashrate by 1.4 EH/s and plans to add 65 MW of data center capacity in September.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:17 pm

ZYXI

Zynex has received FDA clearance for its TensWave device, which is a significant milestone for the company. This approval could enhance Zynex's product offerings and potentially boost its market position.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:17 pm

FFIV

F5 Networks (NASDAQ:FFIV) has announced new leadership roles to enhance agility, productivity, and AI innovation. Tom Fountain is appointed as COO, Chad Whalen as CRO, and Kunal Anand as Chief Technology and AI Officer. These changes aim to drive operational efficiency and revenue growth.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:14 pm

BNAI

Brand Engagement Network (BEN) has entered into a contract with IntelliTek to expand access to AI solutions in healthcare across multiple regions, including the US. This partnership aims to enhance patient interaction through virtual assistants.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:13 pm

JAKK

NFLX

JAKKS Pacific's Disguise has extended its global rights to create costumes for Netflix's Stranger Things and Bridgerton for fall 2024. This includes a variety of costumes for both kids and adults, featuring popular characters from both series.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:12 pm

SPNT

SiriusPoint has announced a new partnership with travel insurtech company Gigasure. This collaboration aims to enhance SiriusPoint's offerings in the travel insurance sector.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:09 pm

GILD

Avenzo Therapeutics is collaborating with Gilead Sciences to evaluate a combination therapy of AVZO-021 and Trodelvy in HR+/HER2- metastatic breast cancer. Avenzo will sponsor the trial, while Gilead provides Trodelvy. The study is part of an ongoing Phase 1/2 trial, with combination cohorts starting in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 1:03 pm