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MLEC

SE

Moolec Science's shares surged 135% following USDA approval for its plant-grown animal proteins. Sea's shares rose 6% after B of A Securities upgraded the stock to Buy and increased the price target. Cherry Hill Mortgage's shares increased 7.5% as the company explores strategic alternatives.

Portfolio Pulse from ryanfaloona@benzinga.com

April 22, 2024 | 12:47 pm

PET

Wag! has introduced Furscription, a new software solution designed to enhance the connection between veterinary clinics and pet owners, streamlining communication and services.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:46 pm

HTCR

HeartCore Enterprises, Inc. (NASDAQ:HTCR) expands its partnership with Heart-Tech Health to enhance the latter's Med-Tech platform, Adesso, with AI capabilities. This collaboration aims to improve women's cardiovascular health by integrating AI for better risk assessment and personalized health programs. HeartCore's AI Division will develop a specific AI database and implement natural language learning to improve the user experience. This marks the second contract for HeartCore's AI Division, highlighting its commitment to leveraging AI for societal impact and business success.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:44 pm

MAXN

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) has filed a patent infringement lawsuit against Hanwha Q CELLS over TOPCon solar cell technology in the Eastern District of Texas. This action follows a TOPCon patent infringement investigation initiated by Maxeon in November 2023, targeting companies like Canadian Solar, Inc. and REC Solar Holdings AS for selling infringing products. Maxeon, with a history of substantial R&D investment leading to over 1,650 granted patents, aims to protect its innovations and market leadership.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:41 pm

AMPX

Amprius Technologies, Inc. has announced a partnership with Stafl Systems to deliver custom battery packs with unparalleled energy density, aimed at enhancing electric mobility applications. This collaboration is expected to leverage Amprius's cutting-edge battery technology to meet the growing demand for efficient and high-performance electric vehicles and other mobility solutions.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:41 pm

CPK

Chesapeake Utilities Corporation (NYSE: CPK) has received approval from the Delaware Public Service Commission to establish a portfolio of natural gas energy efficiency programs in Delaware, in partnership with the Delaware Sustainable Energy Utility. This initiative, the first of its kind in the state, aims to lower energy costs and promote sustainability among Delaware residents. The programs are designed to provide cost-effective energy and demand savings, specifically targeting residential customers, including support for lower-income households. Over a two-year period, these programs are expected to save 36,052 MMBtu in natural gas consumption, equivalent to the annual energy usage of approximately 1,055 households.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:39 pm

AMD

INTC

TSM

Intel Corp (NASDAQ:INTC) faces inventory issues and margin concerns as discussed on Reddit, with users debating its valuation and competitive position against TSMC (NASDAQ:TSM) and AMD (NASDAQ:AMD). Despite these challenges, analysts see a potential upside, with a consensus Neutral rating and a price target suggesting a 17% increase. Intel's Q1 earnings report is anticipated in three days, which could influence its stock's direction.

Portfolio Pulse from Surbhi Jain

April 22, 2024 | 12:39 pm

VINO

Gaucho Group Holdings, Inc. (NASDAQ:VINO) anticipates that Argentina's bid to become a 'global partner' of NATO will lead to economic stability and growth, positively impacting the real estate sector and enhancing the value of the company's luxury real estate investments in the region. The company, which focuses on e-commerce platforms for fine wines, luxury real estate, and leather goods, sees this development as a potential boost to its business environment and investment value in Argentina.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:39 pm

GRFS

Grifols announced positive results from a Phase 4 study of Fanhdi, a treatment for patients with Von Willebrand Disease. This marks a significant advancement in the management of the disease.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:37 pm

CAN

Canaan Inc (NASDAQ:CAN) shares rose after executives announced plans to buy at least $2 million of the company's stock, citing the company as undervalued and highlighting progress in their A14 series mining machines and development of A15 and A16 series. This follows a recent prospectus for a potential $300 million securities offering. Canaan, which specializes in ASIC chip design and crypto mining, particularly bitcoin, reported $96 million in cash at the end of 2023 and is expected to report a loss in its next earnings.

Portfolio Pulse from Adam Eckert

April 22, 2024 | 12:35 pm