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VERX

Vertex, Inc. (NASDAQ:VERX) has announced a strategic partnership with Pagero, a global network leader for the exchange of invoices and other business documents. The partnership aims to provide a seamless solution for businesses to ensure continuous indirect tax compliance and improve their invoicing lifecycle. The joint offering simplifies indirect tax compliance and streamlines Continuous Transaction Controls (CTC) requirements, providing direct access to data for CTC, e-invoice clearance, real-time reporting and Peppol access for electronic B2B and B2G compliant document and data exchange.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:01 pm

AAPL

FB

GOOGL

MSFT

Apple Inc. plans to invest over $1 billion annually in generative artificial intelligence (AI), as indicated by recent job listings. The company's focus on AI-driven features and products is becoming more prominent, with roles such as a generative AI-based developer experience platform for the App Store and a conversational AI platform for the Retail department. Apple's primary competitors, including Microsoft Corp., Google LLC, and Meta Platforms Inc., have already begun integrating AI-powered features across their product suites.

Portfolio Pulse from Benzinga Neuro

October 23, 2023 | 1:31 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has announced its participation in a joint venture to own and operate offshore wind vessels. The joint venture has ordered two Commissioning Service Operation Vessels (CSOVs) from VARD and holds the option to acquire two more. The company's partners in this venture include Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH. The transaction is still subject to negotiation and customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 1:24 pm

DTST

Data Storage Corporation (NASDAQ:DTST) has launched a strategic sales and marketing initiative to capitalize on the growing demand for its products and services. The company has hired new sales representatives and launched a Major Accounts program to increase penetration within existing enterprise and middle-market accounts. The initiatives are expected to secure additional high-margin subscription-based contracts with high-profile clients across various industries.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 1:22 pm

CSE:TRUL

OTCQX:TCNNF

Cannabis-infused fine dining is coming to downtown Edmonton, Alberta, through a restaurant called CBD CBN. The restaurant is a collaboration with Health Canada-approved medical cannabis producer Token Naturals Ltd. In New York City, former cannabis prisoners have opened a weed shop called CONBUD. Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) has opened a new medical dispensary in Apollo Beach, Florida. Sanctuary Cannabis has also opened two new stores in Florida. In California, Root'd In The 510 Equity Weed Dispensary has introduced an on-site consumption lounge. The Landing Dispensary, in partnership with Firelands Scientific, has opened in Cincinnati, Ohio.

Portfolio Pulse from Jelena Martinovic

October 23, 2023 | 1:21 pm

HARP

Harpoon Therapeutics Inc's stock is trading higher after the company announced updated data from a trial evaluating its cancer drug, HPN328. The drug showed a confirmed response rate of 35% across all tumor types. The company also announced a private placement of PIPE equity of up to $150 million, expected to result in initial gross proceeds of $100 million with an additional $50 million available upon exercise of warrants.

Portfolio Pulse from Adam Eckert

October 23, 2023 | 1:18 pm

CVM

CEL-SCI Corporation (NYSE:CVM) has announced that its immunotherapy drug Multikine has increased 5-year survival rates from 45% to 73% in its target population of head and neck cancer patients. The company has finalized the selection criteria for this target population and plans to seek immediate approval for commercial distribution. Pre-application regulatory filings have been submitted in the UK and Europe, with additional filings planned in the U.S. and Canada.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 1:16 pm

IBRX

ImmunityBio has resubmitted its Biological License Application for N-803, a treatment for BCG-unresponsive non-muscle-invasive bladder cancer carcinoma-in-situ. The company's stock, IBRX, may be affected by this news.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 1:07 pm

APLM

ARVN

LMDX

LumiraDx (LMDX) partners with AstraZeneca and Everton in the Community to set up England's first heart and lung screening hub, causing its stock to surge by 387%. Apollomics (APLM) announces 75% overall response rate in NSCLC patients with MetEx14 Skipping Mutation from Vebreltinib, leading to a 34% increase in its stock. Arvinas (ARVN) reports positive interim data from second generation ARV-766 in mCRPC, reinforcing the potential of its PROTAC® AR Degraders and causing a 9% rise in its stock.

Portfolio Pulse from ryanfaloona@benzinga.com

October 23, 2023 | 12:56 pm

ASLE

DCO

SPCE

SpaceX, the aerospace manufacturer founded by Elon Musk, has won a key satellite launch deal with the European Space Agency (ESA). The deal will facilitate the launch of several European navigation and secure communication satellites. The U.S.-based Falcon 9 rockets will take the satellites into space. This contract marks the first time EU institutions have sought SpaceX's expertise to launch satellites equipped with classified gear.

Portfolio Pulse from Shivani Kumaresan

October 23, 2023 | 12:53 pm