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AZTR

Azitra, Inc. has been granted U.S. Patent No. 11,850,267 for a filaggrin-secreting strain of Staphylococcus epidermidis to treat ichthyosis vulgaris, a condition with no FDA-approved treatment affecting 1.3 million people in the U.S. This patent expands Azitra's IP for its precision dermatology platform, which includes metagenomics and engineered skin bacteria. The company now has 3 granted U.S. patents and several pending applications.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:10 pm

PYPL

PayPal Holdings, Inc. (NASDAQ:PYPL) is set to host an exclusive preview of new innovations from PayPal and Venmo on January 25, 2024. The event, titled PayPal First Look, will be led by PayPal's President and CEO, Alex Chriss. The keynote will showcase AI-driven personalization features for consumers and merchants, signaling PayPal's continued leadership in e-commerce innovation.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:09 pm

TBLA

Taboola has entered into an agreement with Postmedia, where Postmedia will use Taboola's suite of products to enhance audience growth, user engagement, and revenue generation. Taboola's technology, including Taboola Feed and Homepage For You, will be integrated into Postmedia's Canadian news websites such as National Post and Toronto Sun. The partnership aims to leverage Taboola's AI-driven analytics platform, Taboola Newsroom, to provide insights for creating engaging content.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:07 pm

PSNL

Personalis, Inc. has announced that Medicare will cover its NeXT Dx Test, a genomic tumor profiling assay designed to guide cancer treatment. This coverage is expected to increase the test's accessibility to a broader patient population, potentially improving patient outcomes and supporting Personalis' revenue growth.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:07 pm

AAPL

Apple announced the launch of Apple Vision Pro, a new entertainment device with high-resolution micro-OLED displays, Spatial Audio, and the R1 and M2 chips for performance. It introduces visionOS, which blends digital content with physical space, and supports apps and streaming services like Apple TV+, Disney+, and others. Vision Pro offers a personal theater experience, 3D movies, and Apple Immersive Video with 180-degree 3D 8K recordings. It also features new apps like Encounter Dinosaurs and content from the App Store and Apple Arcade.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:06 pm

TAOP

Taoping Inc. (NASDAQ:TAOP) reported an 80% increase in contract revenue value for the full year of 2023 compared to 2022, with contracts totaling approximately $37.94 million. The majority of this revenue is expected to be recognized in fiscal year 2023, with the remainder in 2024. The growth was driven by demand for the company's city partner ecosystem and software development and advertising solutions. Taoping is investing in new AI-driven products, expecting significant contributions in fiscal year 2024. The CEO anticipates continued strong growth in 2024, with new contributions from the Cloud Nest AI system, Smart City solutions, and other AI-driven businesses.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:05 pm

TPG

TPG Growth, part of TPG (NASDAQ:TPG), is set to invest up to $228 million in Sayari, a risk intelligence provider. This strategic majority investment will support Sayari's global expansion and the launch of a new AI-powered supply chain platform in 2024. Sayari has experienced rapid growth and is trusted by government agencies and large companies. The deal, which will see Sayari's founders and investors retain significant stakes, is expected to close in Q1 2024, subject to regulatory approvals. TPG's investment reflects its long-standing interest in information services and government technology sectors.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:04 pm

SNX

TD SYNNEX (NYSE:SNX) has reached a significant milestone with over 2,000 partners engaged in its Enablement Journey for Copilot for Microsoft 365, and more than 500 individuals certified in the program. The expansion of Copilot for Microsoft 365 to cloud solution providers reflects the industry's readiness to embrace generative AI and its transformative potential. TD SYNNEX's Enablement Journey provides technical, operational, and cultural guidance to partners, supporting enhanced collaboration and productivity. Microsoft commends TD SYNNEX's efforts in leading AI transformation and expanding Copilot's availability.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:03 pm

EDBL

Edible Garden AG Incorporated (EDBL) reported over a 50% year-over-year increase in preliminary Produce sales during the key holiday period. The company attributes this growth to its high fulfillment rate of 98% and its Zero-Waste Inspired mission. Edible Garden's distribution network spans over 5,000 retail outlets, including major retailers like Meijer, Walmart, and Target. The company's commitment to quality, sustainability, and reliability is recognized by its partners and is expected to attract more growth.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:02 pm

HEI

HON

HEICO Corporation's subsidiary Sunshine Avionics has acquired an exclusive license and key assets for select Honeywell cockpit display product lines, including those for Boeing 737NG/777. The deal, terms of which were not disclosed, is expected to be accretive to HEICO's earnings after the first year. Sunshine Avionics will now produce, sell, and repair these displays, taking over from Honeywell. The acquisition enhances Sunshine Avionics' capabilities and supports job insourcing to South Florida.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:02 pm