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MRCY

Mercury Systems and Lockheed Martin are collaborating to advance defense manufacturing capabilities in Switzerland, as part of an offset program related to Switzerland's purchase of the F-35 Lightning II. Mercury will manufacture embedded computing technologies in Geneva, with potential for further expansion.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:40 am

PHIO

Phio Pharmaceuticals Corp. (NASDAQ:PHIO) announced it will present new data on its INTASYL siRNA gene silencing technology at the 10th Immunotherapy of Cancer Conference (ITOC10) in Munich, Germany, from March 21-23, 2024. The technology aims to enhance the effectiveness of immune cells in killing tumor cells, potentially improving cell therapy for hematological malignancies.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:38 am

BA

EADSY

JPNRF

Japan Airlines Co Ltd (OTC:JPNRF) announced plans to purchase 42 new aircraft from Boeing Company (NYSE:BA) and Airbus SE (OTC:EADSY) for fleet renewal, focusing on growth in North America, Asia, and India. The order includes 21 Airbus A350-900, 11 A321neo, and 10 Boeing 787-9 aircraft, with deliveries starting in fiscal 2027. This move aims to expand JAL's full-service and low-cost carriers by about 1.4 times by 2030.

Portfolio Pulse from Shivani Kumaresan

March 21, 2024 | 11:30 am

AVGO

MU

NVDA

Jim Cramer, host of CNBC's 'Mad Money', has expressed optimism about the prospects of Micron Technology, Inc. (MU) and NVIDIA Corporation (NVDA), suggesting their stock prices could rise further. He recommended buying shares of Nvidia and Broadcom (AVGO), highlighting Micron's role in the AI space and its high bandwidth business essential for AI accelerators like Nvidia's Tensor Core H 200 and Blackwell. This comes as Micron initiated large-scale production of high-bandwidth memory semiconductors for Nvidia's new AI chip, expected to drive significant revenue growth.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 11:21 am

GAME

GameSquare Holdings, Inc. (NASDAQ:GAME) celebrates FaZe Clan's success with their energy drink FaZe Pop, which became the top-selling new energy product in 7Eleven for 2023, achieving its best sales month in February 2024. FaZe Clan, acquired by GameSquare, excels in engaging gamers through strategic brand partnerships and licensing deals, expanding their global audience.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:19 am

IFRX

InflaRx plans to target chronic spontaneous urticaria and hidradenitis suppurativa with its INF904 drug, initiating a Phase 2a PK dose-ranging study by the end of 2024. Results from the study are expected to be available in 2025.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 11:15 am

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