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CLSK

CleanSpark Inc. (NASDAQ:CLSK) reported significant growth in its Bitcoin mining operations for 2023, with a 60% increase in mined bitcoins totaling 7,391 BTC and a 1,200% increase in Bitcoin holdings to 3,002 BTC, valued at approximately $135M. In December alone, the company mined a record 720 bitcoins and sold 293 BTC for about $12.5 million. CleanSpark completed construction for its Sandersville expansion and is preparing for energization in February.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:03 pm

GOVX

GeoVax Labs, Inc. (NASDAQ:GOVX) has been granted a U.S. patent for a malaria vaccine that covers both prevention and treatment. The patent, No. 11,857,611, is for a vaccine using GeoVax's MVA vector expressing Plasmodium antigens. This vaccine aims to induce an immune response targeting multiple stages of the malaria parasite's life cycle. The issuance of this patent comes as the first cases of locally transmitted malaria have been reported in the U.S. in 20 years. GeoVax's President and CEO, David Dodd, emphasized the company's commitment to public health and the development of vaccines against global threats like malaria.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 2:01 pm

ASTS

AST SpaceMobile Inc (NASDAQ:ASTS) shares rose after the company announced progress in fundraising efforts and securing initial ground infrastructure orders from two customers. The company is working on a space-based cellular broadband network accessible by smartphones. There's no certainty of transaction completion.

Portfolio Pulse from Adam Eckert

January 03, 2024 | 1:59 pm

TPET

Trio Petroleum has provided updates on two wells in its South Salinas Project. The HV-1 confirmation well and the HV-3A discovery well are expected to start producing on pump by mid to late January.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:58 pm

BNGO

Bionano Laboratories has announced the publication of a framework paper for the clinical adoption of Optical Genome Mapping (OGM) for hematological malignancy applications. The paper, co-authored by an international consortium of 18 cancer researchers, provides recommendations for laboratories on assay development, clinical validation, and more. Bionano's OGM-Dx™ HemeOne is an LDT developed based on this framework.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:51 pm

CLF

Cleveland-Cliffs Inc. (NYSE:CLF) has announced an immediate increase in the base prices for its carbon hot rolled, cold rolled, and coated steel products. The new minimum base price for hot rolled steel is set at $1,150 per net ton, effective with all new orders.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:51 pm

DBRG

INTC

Intel Corp. and DigitalBridge Group, Inc. have announced the formation of Articul8 AI, Inc., a company providing a secure generative AI software platform for enterprises. Articul8, created with Intel's IP and technology, offers a full-stack GenAI platform with deployment options including cloud, on-prem, or hybrid. Intel and DigitalBridge, along with other investors, have taken equity stakes in Articul8. The platform is optimized on Intel hardware and has been deployed at Boston Consulting Group and other enterprise customers.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:47 pm

KAR

OPENLANE has launched Visual Boost AI, a damage detection tool that overlays detected exterior damage on photos in the condition report for dealer-consigned vehicles in the U.S. marketplace. This AI-powered tool aims to enhance buyer confidence and facilitate quicker and more informed purchase decisions.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:46 pm

WKHS

Workhorse Group Inc. (NASDAQ:WKHS) announced that its W56 electric vehicle has been approved for the California Air Resources Board's HVIP incentive program, which offers a base voucher of $85,000 per vehicle to reduce cost barriers for EV ownership in California. The W56 is a Class 5/6 model chassis platform, with production starting in September 2023. Workhorse has received its first fleet purchase order for W56 step vans in California and is aiming to expand market share in the EV step van segment.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:46 pm

ENVB

Enveric Biosciences has announced EB-003 as its lead drug candidate from the EVM301 series, with plans to start preclinical development in 2024 in preparation for an Investigational New Drug (IND) submission.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:43 pm