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LQR

LQR House Inc. (NASDAQ:LQR) has announced a strategic marketing partnership with Brody's Crafted Cocktails, aiming to boost sales on its ecommerce platform CWSpirits.com. The Global Craft Cocktails Market is expected to grow significantly, reaching USD 837.22 million by 2030. LQR House is leveraging this growth by featuring Brody's Craft Cocktails, known for their all-natural, high-quality ingredients. The company's network of influencers is creating content to promote the partnership and drive consumer engagement.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:53 pm

EEIQ

EpicQuest Education Group International Limited (NASDAQ: EEIQ) has announced the creation of a new business segment focusing on international educational programs in kinesiology and recreation education. The company has established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio to manage this initiative. EEIQ aims to integrate these programs with its existing healthcare school offerings and anticipates that this expansion will provide new career opportunities for students and serve as a dynamic revenue stream. The academic programming is under development and is expected to be available starting with the Fall 2024 programs.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:51 pm

MSFT

OpenAI, backed by Microsoft Corp. (NASDAQ:MSFT), has recognized issues with its ChatGPT and GPT-4 models, which users report as being 'lazier.' The company has not updated the model since November 11 and is aware that AI behavior can be unpredictable. OpenAI is investigating the issue and intends to fix it, clarifying that the model has not changed itself and that the behavior changes may be subtle and not immediately noticeable.

Portfolio Pulse from Rounak Jain

December 11, 2023 | 1:50 pm

PRTH

Priority Technology Holdings, Inc. has announced a strategic technology partnership with Treasure Financial. This partnership will allow Priority's customers to invest their excess working capital into a diversified portfolio through Treasure Financial's embedded yield API. The portfolio includes Treasuries, TIPS, Government-backed money market funds, and professionally managed fixed-income instruments. The integration aims to provide a unified commerce platform for managing sales or receivables payments and optimizing working capital.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:50 pm

ZJYL

JIN MEDICAL INTERNATIONAL LTD. (NASDAQ:ZJYL) has secured orders worth approximately $9.18 million for its innovative Micro-Hyperbaric Oxygen Chamber equipment from Conlo Industrial Development Co., Ltd. The order includes 200 units each of S-type and M-type chambers, with Conlo planning to deploy 20,000 oxygen chambers in the Chinese market over the next three years. The company's CEO, Mr. Erqi Wang, highlighted the breakthrough in medical technology and the trust in JinMed's commitment to healthcare excellence.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:48 pm

BLUE

Bluebird Bio Inc (NASDAQ:BLUE) stock is trading higher after presenting positive long-term data from its gene therapy program for beta-thalassemia at the ASH Annual Meeting. The data showed sustained treatment effects and improved quality of life for patients treated with ZYNTEGLO. This follows a recent drop in shares due to an FDA black box warning for another of its treatments, Lyfgenia.

Portfolio Pulse from Adam Eckert

December 11, 2023 | 1:47 pm

ASND

Ascendis Pharma A/S announced that the FDA has accepted for review the resubmitted NDA for TransCon PTH for treating adult hypoparathyroidism, with a PDUFA goal date of May 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:46 pm

LUCY

Innovative Eyewear has announced the launch of Nautica Smart Eyewear under a multi-year, global licensing agreement with Authentic Brands Group. The new line, expected to ship in January 2024, will feature eight sunglass styles, including two with blue light-blocking lenses. The eyewear is designed to accommodate prescription lenses and introduces a 'Global Fit' frame. The smart eyewear includes Bluetooth 5.2 audio, 12-hour battery life for music, eco-friendly packaging, and patent-pending hinges, along with Nautica-branded accessories.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:43 pm

GRRR

Gorilla Technology Group Inc. (GRRR) announced a collaboration with Red Hat to enhance Smart Government Security Convergence solutions using Red Hat OpenShift Virtualization and Red Hat Enterprise Linux. This partnership aims to provide robust cloud infrastructure to help government agencies defend against cyber threats, improve operational efficiencies, and reduce costs. The solutions offer virtualization, cloud integration, and containerized security features to bolster cybersecurity resilience.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:41 pm

SHOT

Safety Shot, Inc. (NASDAQ:SHOT) reported that its product, Safety Shot, sold out on its first day of online sales at DrinkSafetyShot.com on December 7, 2023. The company also sold out on Amazon within hours on November 30th. Due to high demand, the company is increasing manufacturing, with 2 million cans expected by mid-January 2024. The product, which helps reduce blood alcohol content and boost clarity, received positive feedback at a Luke Bryan concert and is expanding into multi-channel distribution. The company anticipates having $10 million in retail sales worth of inventory ready next month.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:38 pm