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PACB

Ambry Genetics and PacBio have been selected by UCI and the GREGoR Consortium to support the Pediatric Mendelian Genomics Research Center program, aimed at studying rare diseases.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:49 pm

SPY

President Biden has announced that his top economic priority is fighting inflation and lowering costs. His plan includes building two million homes, lowering prescription drug prices, and urging grocery chains to reduce prices.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:44 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has secured 9 new contracts, including 7 expansion contracts and 2 renewal agreements, totaling over $700,000 in sales. The company is expanding its safety presence in California, Florida, Georgia, Louisiana, and Washington. Additionally, Knightscope has scheduled its first quarter 2024 Town Hall for May 16.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:37 pm

DIS

Disney has announced that its streaming unit is expected to become a double-digit margin business, indicating significant profitability improvements in the near future.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:36 pm

PULM

Pulmatrix, Inc. (NASDAQ:PULM) announced the publication of clinical results for its orally inhaled DHE (PUR3100) for acute migraine in the peer-reviewed journal Headache: The Journal of Head and Face Pain. The study showed that PUR3100 has rapid systemic pharmacokinetics and improved safety and tolerability compared to intravenously administered DHE. The FDA has accepted an IND application for a Phase 2 study, making PUR3100 Phase 2-ready.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:31 pm

NVDA

ORBIT-Surgical, a new AI research project, is training surgical robots in simulation using NVIDIA Isaac Sim and NVIDIA Omniverse. This development is being showcased at the ICRA robotics conference.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:28 pm

NIO

TSLA

Nio Inc (NYSE:NIO) shares are trading higher following the launch of its first vehicle under the new Onvo brand. The Onvo L60 is designed to compete with Tesla's Model Y and Toyota's RAV4. This launch comes shortly after reports of Nio collaborating with BYD on new batteries. Despite the positive news, Wall Street analysts remain neutral on Nio, with some expecting a significant decline in stock price.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 1:26 pm

CRLBF

Cresco Labs Inc. reported its Q1 2024 financial results, highlighting a 10x increase in operating cash flow year-over-year. The company maintained flat revenue at $184 million, improved its adjusted gross profit by 7%, and reduced adjusted SG&A expenses by 24%. Cresco also retained its No.1 market share in Illinois, Pennsylvania, and Massachusetts. CEO Charles Bachtell expressed optimism about potential federal rescheduling of cannabis.

Portfolio Pulse from Jelena Martinovic

May 15, 2024 | 1:25 pm

HPE

Hewlett Packard Enterprise (HPE) has announced new solutions for its HPE GreenLake Cloud platform, aiming to enhance cloud services and customer experience.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:22 pm

DIS

Disney CEO Bob Iger announced that marketing expenses for Disney+ are too high and the company will cut marketing spend while investing in Disney+ technology.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:22 pm