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ENS

EnerSys (NYSE:ENS) and CTEK have announced a strategic collaboration to introduce a new series of high-quality chargers to global markets. The chargers will become part of the ODYSSEY battery charger portfolio and are designed to efficiently charge a variety of battery models. The chargers will be available in the EU, UK, and North American markets. The collaboration commenced in February 2023.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:52 pm

CRON

Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON) has announced the launch of two new THCV-infused products, Spinach FEELZ Full Tilt THCV vape and gummy, in Alberta, British Columbia, and Ontario. The company also plans to launch a THCV-infused pre-roll under the Spinach FEELZ brand in 2024. Meanwhile, New York's Craft Cannabis announced the debut of its Superflux craft cannabis brand in New Jersey on November 1.

Portfolio Pulse from Jelena Martinovic

October 30, 2023 | 2:32 pm

JAZZ

Ireland's Primary Care Reimbursement Service has approved Althea Group Holdings Limited's cannabis oil for reimbursement, making it free for Irish patients being treated for chemotherapy-induced nausea and vomiting. The company's subsidiary, MyAccess Clinics, will offer consultations to patients in Ireland starting in November. Earlier this month, MS Ireland confirmed that Sativex, a drug developed by GW Pharmaceuticals and now part of Jazz Pharmaceuticals, will also be reimbursed.

Portfolio Pulse from Nina Zdinjak

October 30, 2023 | 2:22 pm

JKS

JinkoSolar Holding reported better-than-expected Q3 financial results and issued Q4 guidance. The company also disclosed that its N-Type Monocrystaline Silicon Solar Cell set a new record.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:20 pm

VYNE

Vyne Therapeutics Inc. (NASDAQ:VYNE) shares are trading higher after the company announced an $88 million private placement and positive data from its Phase 1b trial. The company also revealed new preclinical data showing the positive effect of its oral small molecule BD2-selective BET inhibitor, VYN202, in preclinical models of psoriasis and rheumatoid arthritis. The net proceeds from the financing are expected to fund the company through critical milestones, including the advancement of VYN201 into a Phase 2b clinical trial in vitiligo and Phase 1 trials for VYN202.

Portfolio Pulse from Erica Kollmann

October 30, 2023 | 2:19 pm

TCNNF

Georgia has become the first U.S. state to allow pharmacies to sell medical marijuana over the counter. Three pharmacies have received state licenses to sell low-THC medical marijuana products, including oils, tinctures, and capsules. Over 400 independent pharmacies plan to join the program, excluding chains like CVS and Walgreens. The state's two licensed cannabis producers, Botanical Sciences LLC and Trulieve Cannabis Corp., are providing the pharmacies with MMJ products.

Portfolio Pulse from Maureen Meehan

October 30, 2023 | 2:10 pm

ALV

AMZN

DIS

GOOG

HSBC

LUV

MCD

PEAK

RIVN

TRP

WDC

XPO

Southwest Airlines may face a fine due to operational disruptions last December. Healthpeak Properties and Physicians Realty Trust are merging in a $21B deal. Google can turn ANC headphones and wireless earbuds into heart rate monitors. Toyota's September sales grew due to strong demand. Rivian will start charging for its charging network. Autoliv plans to reduce its headcount in France. FDA warns against the use of certain eye drops. Nelson Peltz gains backing from Isaac Perlmutter for changes at Disney. TC Energy explores asset sales worth $10B. Amazon uses generative AI for holiday ad boost. Blackstone buys a majority stake in Care Hospitals in India. McDonald's Q3 sales grew by 14% YoY. HSBC's Q3 revenues increased by 40% YoY. Panasonic's H1 FY24 sales grew by 1% YoY. Western Digital plans to split its business. XPO's Q3 FY23 revenue grew by 1.7% YoY.

Portfolio Pulse from Vandana Singh

October 30, 2023 | 2:07 pm

DNB

FDX

FedEx Corp. (FDX) released its annual economic impact report, revealing that the company contributed more than $80 billion in direct impact to the global economy in FY 2023. The report, produced in consultation with Dun & Bradstreet (DNB), also highlighted FedEx's role in fueling innovation and shaping global supply chains. FedEx celebrated 50 years of operations in 2023, and the report underscored the company's significant contributions to the economy and its dedication to making a positive difference in the communities where it operates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:03 pm

DTSS

Datasea Inc. (NASDAQ:DTSS) reported a revenue of $2.5 million in September 2023 from its 5G messaging business, a 12x increase from the same period in 2022. The company expects this robust revenue to be sustainable through fiscal year 2024. The revenue is attributed to three of its 5G business segment operating entities. The company's CEO, Ms. Zhixin Liu, stated that the 5G messaging business has recovered rapidly this year and they have signed major contracts that could create momentum for this business segment.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 1:38 pm

TBLA

Taboola (NASDAQ:TBLA), a global leader in content recommendations, has announced a new partnership with Nerdist, a division of Legendary Entertainment. Nerdist will use Taboola's suite of products to grow its audience, optimize user engagement, and drive revenue. The partnership will see Nerdist incorporate Taboola Feed and Explore More, offerings designed to increase session depth and engage users visiting publisher sites directly from social media and apps.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 1:35 pm