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VUZI

Vuzix Corporation (NASDAQ:VUZI) announced the introduction of the Vuzix Z100 smart glasses, designed to connect workers with AI optimization tools. The Z100, which is safety glasses certified, offers a sleek design for all-day wear and pairs with Android or iOS devices via Bluetooth. It features advanced monocular waveguide optics and a micro display engine to provide a transparent, monochrome image that delivers important information hands-free. The Z100 is aimed at enterprise customers and will be showcased at CES 2024. Vuzix anticipates interest from various market verticals for this fashionable and lightweight productivity device.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:30 pm

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JUSHF

The cannabis industry is experiencing growth, leading to a surge in job opportunities. Key players like Cresco Labs Inc, Acreage Holdings Inc, and Columbia Care Inc. are hiring for various positions. Vangst, a cannabis staffing platform, is also recruiting for roles across the sector. Companies such as Canopy Growth Corp and Jushi Holdings Inc are seeking professionals for specific roles. A ForceBrands report highlights significant salary increases in certain positions and changing benefits trends. New job roles are anticipated to emerge in 2024, reflecting the industry's evolution.

Portfolio Pulse from Joana Scopel

January 09, 2024 | 5:25 pm

ILMN

At the JPM Healthcare Conference, an Illumina executive stated that the company's 2024 results are expected to closely resemble those of 2023. Customers are anticipated to remain cautious and constrained in their purchasing decisions. Illumina plans to continue making inorganic investments to drive growth.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:24 pm

MBLY

At CES 2024, the CEO of Mobileye Global introduced the DXP Operating System, designed for automakers to enhance vehicle connectivity and autonomous driving capabilities. This new platform could position Mobileye as a key player in the automotive technology space, potentially influencing partnerships and adoption rates among car manufacturers.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:23 pm

EOSE

TTI

Eos Energy Enterprises, Inc. (EOSE) has expanded its collaboration with TETRA Technologies, Inc. (TTI), making TETRA the primary strategic supplier for Eos's Eos Z3 energy storage cube. The agreement, which is for four years and extendable, includes at least 75% supply of electrolyte product needs with favorable pricing and cost-saving methodologies. The partnership aims to scale production, reduce costs, and enhance battery performance as demand for Long Duration Energy Storage increases. EOSE shares dropped by 5.32% to $0.9450, and TTI shares fell by 1.61% to $4.27.

Portfolio Pulse from Akanksha Bakshi

January 09, 2024 | 5:20 pm

NWS

NWSA

Gary Vaynerchuk, also known as Gary Vee, announced a children's book deal with HarperCollins Publishers, a unit of News Corporation (NASDAQ:NWS) (NASDAQ:NWSA). The book, 'Meet Me in the Middle,' features characters from his VeeFriends NFT collections and aims to teach traits like patience and eagerness. VeeFriends has partnered with various companies and is expanding its brand through content, partnerships, and collectibles. VeeFriends Series 1 and Series 2 NFTs have floor prices of 1.9 Ethereum and 0.12 Ethereum, respectively.

Portfolio Pulse from Chris Katje

January 09, 2024 | 5:00 pm

ZBH

Zimmer Biomet reports robust growth, with a 6% increase in U.S. sales and 9% internationally, attributing success to its strong product lineup, including the ROSA robotics division and the new Persona OsseoTi cementless knee. The company is gaining market share from competitors and has implemented a 10%-15% price premium on its products.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 4:51 pm

UNP

Union Pacific Corp has announced that customers with shipments moving through states affected by unspecified disruptions should expect delays of 24 to 48 hours, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 4:47 pm

DTIL

TGTX

TG Therapeutics, Inc. (NASDAQ:TGTX) shares are trading lower by 5.2% despite a recent 18% increase over five days. The company has acquired a license for a CAR T cell therapy program, azer-cel, from Precision BioSciences, Inc. (NASDAQ:DTIL) for non-oncology indications. TG Therapeutics will pay Precision $17.5 million upfront and potential near-term payments. The company aims to file an IND for azer-cel by mid-2024. TGTX's stock is above its 50-day moving average and has a high short interest of 29.7%.

Portfolio Pulse from Erica Kollmann

January 09, 2024 | 4:36 pm

ALAR

Alarum Technologies Ltd. (ALAR) reported Q4 revenue of over $7M, exceeding estimates, with operating cashflow rising to $2.8M. FY23 revenue is projected at ~$26.5M, slightly above estimates. Subsidiary NetNut's revenues increased by 150% in Q4 and for the full year, totaling over $21M. The company attributes its strong performance to strategic shifts focusing on growth and profitability, particularly in its subsidiary NetNut.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 4:33 pm