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AMZN

RIVN

Rivian Automotive Inc has announced that Amazon remains committed to bringing 100,000 Rivian electric delivery vehicles to the road.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:05 pm

ILMN

VCYT

Veracyte, Inc. (NASDAQ:VCYT) has entered into a multi-year agreement with Illumina, Inc. (NASDAQ:ILMN) to develop and offer some of its molecular tests as decentralized in vitro diagnostic (IVD) tests on Illumina's NextSeq 550Dx instrument. The first tests that Veracyte plans to develop are its Prosigna Breast Cancer Assay and Percepta Nasal Swab test. Veracyte is also developing its Decipher Prostate Genomic Classifier as a qPCR-based test for use outside of the U.S.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 9:01 pm

LINKUSD

UNIUSD

Hong Kong-based HashKey Exchange has approved Chainlink's token (LINK) for trading by professional investors, following the integration of Uniswap (UNI) into its platform. The exchange will start trading LINK/USD pair from Nov. 10, 2023. Chainlink's token is up 2.7% in the past 25 hours and has risen almost 75% in the past month, while Uniswap is down 1.9% in the past 24 hours but is trading 14% higher in the past month. HashKey also plans to launch its own ERC-20 token, HashKey EcoPoints.

Portfolio Pulse from Khyathi Dalal

November 07, 2023 | 8:45 pm

MYNZ

Mainz Biomed N.V. (NASDAQ:MYNZ) has partnered with Liquid Biosciences to develop a next-generation colorectal cancer screening test using Liquid Biosciences' proprietary AI analysis technology platform, EMERGE. The partnership will expand on Mainz Biomed's initial deployment of EMERGE for examining the ColoFuture study's findings. The application of EMERGE will also encompass the examination of Mainz Biomed's eAArly DETECT study and the upcoming U.S. pivotal FDA PMA trial (ReconAAsense). MYNZ shares are trading higher by 9.09% to $3.00.

Portfolio Pulse from Nabaparna Bhattacharya

November 07, 2023 | 8:27 pm

PXMD

PaxMedica has announced the publication of its Autism Spectrum Disorder Phase 2 study results in a peer-reviewed journal, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:34 pm

DIS

FOX

The latest episode of 'The Simpsons' featured non-fungible tokens (NFTs), causing a surge in value for inspired collections. The episode aired on Fox Corporation's Fox channel and included references to popular digital art and NFT collections. Following the episode, several collections paid tribute to The Simpsons, including Springfield Punks by Simpsons parody artist Rino Russo. The episode also featured a golden statue resembling NFTs from VeVe, a company that Simpsons owner The Walt Disney Company previously partnered with.

Portfolio Pulse from Chris Katje

November 07, 2023 | 6:50 pm

THAR

Tharimmune Inc (NASDAQ:THAR) has signed an exclusive worldwide licensing agreement with Avior Inc. to develop, market, and commercialize a clinical-stage asset, AV104 (to be renamed TH104). TH104 is aimed at treating chronic pruritis in patients with primary biliary cholangitis (PBC), an orphan liver disease. The company expects to complete a phase 1 pharmacokinetic trial and a phase 2 proof-of-concept efficacy study in PBC patients over approximately 12 months. Tharimmune's shares are up 37.50% at $0.22.

Portfolio Pulse from Vandana Singh

November 07, 2023 | 6:36 pm

JEPI

SPYI

The JPMorgan Equity Premium Income ETF (JEPI) and the NEOS S&P 500 High Income ETF (SPYI) are both options-based high-income ETFs. JEPI, with over $29 billion in assets under management, provides consistent monthly income and lower volatility, but struggles to capture total return against its benchmark index during bullish times. SPYI, on the other hand, has been able to capture over 97% of the S&P 500’s total return year-to-date while paying a 12.19% annual distribution yield to its investors. The author suggests that these two ETFs can complement each other in an income-focused investor's portfolio.

Portfolio Pulse from Austin Hankwitz

November 07, 2023 | 6:05 pm

AAPL

Apple Inc. has paused the development of next year's software updates for its devices including iPhone, iPad, and Mac to address glitches in the code. The decision, announced internally last week, aims to maintain quality control following the discovery of numerous bugs in early versions.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:19 pm

CLF

Cleveland-Cliffs has announced a price increase for its hot rolled, cold rolled and coated steel products. The minimum base price for hot rolled steel is now $1,000 per net ton.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:03 pm