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SHTLF

South32 Ltd (OTC:SHTLF), an Australian mining company, announced a $2.16 billion investment in the Hermosa project in Arizona, aiming to produce critical minerals zinc and manganese. This investment aligns with the Biden administration's clean energy vision and is expected to make Hermosa one of the world's largest zinc mines. Despite a recent 92% decrease in profits, South32 is optimistic about the global demand for zinc outpacing production by 2031.

Portfolio Pulse from Stjepan Kalinic

February 15, 2024 | 1:44 pm

PCRX

Pacira Biosciences published a study showing that EXPAREL, when used as a sciatic nerve block in the popliteal fossa for patients after bunionectomy, significantly reduces pain and opioid consumption through 96 hours compared to an active comparator. The study also found a significantly greater proportion of patients receiving EXPAREL were opioid-free.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:43 pm

SIDU

Sidus Space, a company involved in satellite manufacturing and space services, has successfully integrated the NASA Stennis ASTRA Engineering Unit in preparation for an upcoming launch. This marks a significant milestone for Sidus Space as it collaborates with NASA, showcasing its capabilities in the space industry.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:41 pm

SRFM

Surf Air Mobility (SRFM) and Electra have announced a bilateral agreement to bring Electra's eSTOL aircraft to market, incorporate Surf Air technology into joint systems, and create a leasing partnership. This agreement secures Surf Air preferred delivery positions for 90 of Electra's eSTOL aircraft. The partnership aims to enable new air operators to expand access to regional transportation and includes collaboration on fleet-wide data analytics services. Electra's eSTOL aircraft will join Surf Air's platform as the third green vehicle, alongside the electric Grand Caravan and Regent's electric seaglider.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:41 pm

VERB

Verb Technology Company, Inc. (NASDAQ:VERB) expands its MARKET.live livestream social shopping platform by adding 15 new retail brands. This move aims to enrich the MARKET.live ecosystem and VERB's commitment to offering a diverse shopping experience. Brands on MARKET.live can now reach a wider audience by broadcasting their livestream shopping events across various social media channels, including TikTok.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:40 pm

SLP

Simulations Plus has extended its collaboration with the Translational Toxicology Division at the National Institute of Environmental Health Sciences (NIEHS) to enhance the rapid safety assessment of chemicals in animals and humans. The research project aims to qualify in silico methods for prioritizing, assessing risk, and identifying safety margins for chemical use.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:39 pm

LVO

PODC

LiveOne reports a current cash position of over $11M after repurchasing approximately 1.3M shares during FY 2024. It has $5.75M remaining for discretionary repurchase of its own shares or those of PodcastOne (NASDAQ:PODC). The company anticipates $2.5 - $5M in additional cost savings following a $5M cut from its CPS Division and is expanding its Celebrity Brands Platform with AI to enhance connections between talent and fans.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:39 pm

JAGX

Jaguar Health announced an agreement with the FDA on a clinical trial protocol for full approval of Canalevia-CA1, a treatment for chemotherapy-induced diarrhea in dogs. Canalevia-CA1, a canine-specific formulation of crofelemer from the Croton lechleri tree, is currently the only FDA conditionally approved treatment for this condition.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:37 pm

WKHS

Workhorse Group Inc. (WKHS) has announced a partnership with Zeem Solutions to enhance service and support for Workhorse customers, focusing on zero-emission commercial vehicles. Zeem's technicians will collaborate with Workhorse's team to provide quick service responses and maintain uptime. Zeem plans to expand its service hubs across the U.S., starting with its flagship hub in Los Angeles. This partnership aims to support Workhorse's growth in California by providing local service options for fleet operators, leveraging Zeem's expertise in EV maintenance.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:36 pm

CMPS

GHRS

MNMD

NUMIF

PSIL

A new study highlights the potential of psychedelics like LSD and magic mushrooms in improving sexual function. The FDA has accepted an NDA from Lykos Therapeutics for MDMA-assisted therapy for PTSD, marking a significant step towards integrating psychedelic therapies into mainstream medicine. Despite the growing interest and decriminalization efforts in several states, federal law still prohibits psilocybin. Canadian research supports psilocybin therapy for end-of-life distress, and a Washington doctor is challenging the DEA for approval to use it with terminally ill patients. The psychedelics sector, including companies like Numinus Wellness and various psychedelics stocks, shows signs of growth and investor interest.

Portfolio Pulse from Lara Goldstein

February 15, 2024 | 1:36 pm