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NKGN

NKGen Biotech has received a No Objection Letter from Health Canada for a Phase 1/2A clinical trial of SNK01, a natural killer cell therapy for moderate Alzheimer's disease. The first interim data from the trial is expected in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 1:03 pm

GOOG

GOOGL

The Chameleon banking trojan, first identified in January 2023, has evolved with new capabilities to disable biometric authentication on Android devices, allowing it to steal passwords and PINs. The malware, which initially targeted users in Australia and Poland, is now also affecting users in the U.K. and Italy. It disguises itself as Google Chrome apps and exploits Android 13's 'Restricted Settings' to bypass security measures. Alphabet Inc. (GOOG, GOOGL) is mentioned as the trojan masquerades as its Google Chrome apps.

Portfolio Pulse from Rounak Jain

December 27, 2023 | 12:57 pm

BTBT

NVDA

SMCI

Shares of Bit Digital, Inc. (NASDAQ:BTBT) are surging in premarket trading after the company announced plans to double its Bitcoin mining operations to approximately 6.0 EH/s by 2024. Bit Digital produced 142.7 BTC in the last month, a 24% increase from the previous month, and earned 44.93 ETH in staking rewards. The company has started receiving servers equipped with NVIDIA Corporation's (NASDAQ:NVDA) HGX H100 GPUs from Super Micro Computer, Inc. (NASDAQ:SMCI), with more expected to be deployed in Iceland by January 2024. Bit Digital also anticipates $35-37 million in revenue from its first AI business customer in 2024. The company's Q3 2023 revenue was $11.6 million, mainly from Bitcoin mining. BTBT shares rose 5% to $4.410 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

December 27, 2023 | 12:57 pm

BYDDF

Chinese electric vehicle company BYD (OTC:BYDDF), backed by Warren Buffett, has received a conditional license for level 3 autonomous driving tests on high-speed roads. This is the second such license BYD has obtained, with the first one received in China in July. The company has recently achieved significant milestones, including producing 6 million new energy vehicles and launching the electric SUV Song L, which competes with Tesla's Model Y. BYD's advancements position it as a strong competitor to Tesla in the global electric vehicle market.

Portfolio Pulse from Benzinga Neuro

December 27, 2023 | 12:46 pm

TSLA

A public tracker shows that over 65% of Tesla Inc's Cybertruck orders are for the all-wheel-drive (AWD) version, despite the Cybertruck's range being less than initially announced. The AWD is currently the more affordable model available, with the rear-wheel drive (RWD) version not available until 2025. The majority of orders are from California, Texas, and Florida. Tesla began Cybertruck deliveries in late November at its Texas gigafactory.

Portfolio Pulse from Anan Ashraf

December 27, 2023 | 12:39 pm

ZVRA

Zevra Therapeutics has resubmitted its New Drug Application (NDA) for Arimoclomol, a treatment for Niemann-Pick disease type C, to the FDA. The company anticipates that the application will be considered a Class II submission, which would lead to a six-month review period by the FDA.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 12:33 pm

WLDS

Wearable Devices, known by its ticker WLDS, has ramped up production of its Mudra Band in preparation for the expected surge in interest after showcasing the product at the 2024 Consumer Electronic Show (CES).

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 12:25 pm

BKYI

CRRFY

BIO-key International Inc (BKYI) shares are trading higher after announcing that Carrefour (CRRFY) is integrating BIO-key's AuthControl Sentry cloud solution in Spain through a partnership with Evolutio. This solution is part of Carrefour's commitment to data security and will protect access to critical services for Carrefour's 6,500 employees in Spain. Earlier in the month, BKYI also partnered with Ping Identity to offer biometric authentication to its customers. BKYI shares have risen 9.09% to $3.00 in premarket trading.

Portfolio Pulse from Lekha Gupta

December 27, 2023 | 12:16 pm

SYBX

Synlogic has secured a $1 million contract with the Air Force Research Lab to support the development of a live probiotic product. This contract could potentially lead to further research and development opportunities for Synlogic in collaboration with the military.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 12:03 pm

BTCUSD

GOOGL

Artificial intelligence (AI) has surpassed 'Bitcoin' and 'Crypto' as the most searched term on Google in 2023, with a significant increase in interest following the launch of OpenAI's ChatGPT. Despite Bitcoin's price recovery in 2023, it still deals with the aftermath of the 2022 bear market. The rise in AI searches also extends to job-related queries, with 'AI jobs' searches outpacing 'crypto jobs'. This trend reflects AI's growing prominence in daily life and may indicate a shift in public interest from cryptocurrencies to AI technology.

Portfolio Pulse from Benzinga Neuro

December 27, 2023 | 11:55 am