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SPRC

SciSparc Ltd (NASDAQ:SPRC) stock surged after announcing positive Phase IIa clinical trial results for SCI-110, a drug for treating agitation in elderly Alzheimer's patients. The trial met primary endpoints for tolerability and adverse events, showing potential to alleviate agitation without side effects. The stock's volume exceeded 10.55 million shares, far above the 100-day average of 1.181 million, with a small float of over 523 thousand shares. SPRC shares jumped 58% to $6.87.

Portfolio Pulse from Erica Kollmann

November 15, 2023 | 6:12 pm

BMY

FUJIY

National Grid Renewables has executed two Power Purchase Agreements (PPAs) for its Blevins Solar Project. Fujifilm has contracted for 125 MW of solar power, while Bristol Myers Squibb has contracted for 145 MW.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 6:10 pm

CMDY

GOVT

HOOD

Public.com, a retail investing app, is diversifying its offerings by introducing royalty-based products and direct Treasury investing. The company's first royalty-based product was based on the score of the Shrek movies, which quickly became oversubscribed. Public.com has also responded to client demand for lower-risk investments by using fractionalization techniques to offer Treasury products, making it easier for investors to access fixed income investments. This shift reflects a broader trend in retail investing towards more conservative, income-focused allocations amid higher inflation and interest rates.

Portfolio Pulse from Neil Dennis

November 15, 2023 | 6:06 pm

ETHUSD

On Tuesday, 7,771.17 Ether (ETH) valued at approximately $15.65 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to drop to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -8.86% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 6:00 pm

MSFT

At the Ignite Event, Microsoft unveiled Copilot Studio, a new tool designed to enhance productivity and creativity for developers and creators. This announcement is expected to bolster Microsoft's suite of productivity tools and may have a positive impact on the company's stock as it showcases innovation and commitment to improving user experience.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 5:57 pm

TSCO

Petsense, a subsidiary of Tractor Supply Co (NASDAQ:TSCO), has expanded its premium pet food offerings by adding NutriSource pet food brands to its product lineup. These brands, which are typically exclusive to independent pet stores, will now be available at Petsense by Tractor Supply stores nationwide and on Petsense.com. The addition includes a variety of NutriSource products, and Petsense will also offer Finley's pet treats. TSCO shares saw a slight increase of 0.85% to $208.50.

Portfolio Pulse from Shivani Kumaresan

November 15, 2023 | 5:51 pm

MSFT

Microsoft has announced the general availability of Microsoft Fabric, a new service or product designed to enhance its offerings. The announcement could indicate an expansion of Microsoft's services and potential growth in its user base or capabilities.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 5:45 pm

GOOG

GOOGL

Google announced that starting in November 2023, its Google Ads Gambling and Games policy will be updated to allow ads for sports betting from licensed entities in Florida. This policy change will enable licensed sports betting companies to advertise through Google Ads in the Florida market.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 5:35 pm

UAL

United Airlines and the Houston Airport System (HAS) are investing over $2 billion in the Terminal B Transformation Program at George Bush Intercontinental Airport (IAH). The project includes 40 new gates, expanded amenities, and a focus on sustainability with the goal of LEED Silver certification. The expansion aims to accommodate an estimated 36 million passengers and will bring nearly 3,000 new jobs to Houston. United Airlines is investing $1.9 billion, while the City of Houston will fund $624 million in enabling projects. The project is expected to enhance the passenger experience and support Houston's economy.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 5:33 pm

MRK

FDA staff have raised questions about the clinical meaningfulness of the efficacy data for Merck's drug Gefapixant, noting only a small reduction in cough frequency according to Reuters citing briefing documents.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 5:25 pm