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CMPS

Compass Pathways and Mindful Health Solutions have entered into a research collaboration agreement to develop a scalable and cost-effective delivery model for COMP360 psilocybin treatment. This collaboration is among several others aimed at exploring various delivery approaches for COMP360 in different care settings.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:44 am

ZOM

Zomedica has announced the issuance of three new patents, enhancing the intellectual property protection for its TRUFORMA diagnostic platform. This development could strengthen Zomedica's market position by safeguarding its proprietary technology, potentially leading to increased investor confidence and market competitiveness.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:41 am

CRNT

Ceragon Networks has finalized new deals worth nearly $10M in the energy sector across multiple regions for Q1 2024, marking its highest-ever quarterly booking for this sector.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:22 am

MDB

MongoDB has announced new capabilities for MongoDB Atlas, including Stream Processing for real-time data, Search Nodes on Azure for AI workloads with faster query times, and Atlas Edge Server for distributed applications. These enhancements aim to streamline the development of modern applications, with notable customers like Acoustic, Bosch Digital, Eni, Forbes, and Meltwater.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:16 am

GOOG

MDB

MongoDB and Google Cloud have partnered to enhance Gemini Code Assist, aiming to provide developers with better access to MongoDB code, documentation, and best practices. This collaboration is designed to speed up the prototyping of new features and accelerate application development.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:09 am

MUR

Murphy Oil reported a production of 170K barrels of oil equivalent per day (MBOEPD) in Q1, with oil making up 52% of the volume at 89K barrels per day. This performance highlights the company's production capabilities and its focus on oil.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:09 am

CI

Cigna's total pharmacy customers increased by 25% to 122.8 million in the first quarter of 2024, compared to the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:02 am

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) shares are experiencing an uptick in premarket trading on Thursday, following a significant drop of 21.9% in the previous session. The increase comes after the company announced a partnership with Pritchard EV to expand its U.S. dealer network, aiming to enhance its commercial EV lineup's reach across the country. This collaboration will allow Pritchard EV to offer Mullen's Commercial EV models, including the Mullen ONE and Mullen THREE, to customers nationwide. Additionally, Mullen highlighted the recent CARB certification for its 2025 Mullen THREE model, emphasizing the vehicle's readiness for delivery and the availability of incentives for electrifying commercial fleets.

Portfolio Pulse from Nabaparna Bhattacharya

May 02, 2024 | 9:50 am

CTLT

LLY

NVO

Novo Nordisk A/S (NVO) is experiencing a significant increase in U.S. patients starting on its weight-loss drug, Wegovy, despite facing supply constraints and competition from Eli Lilly & Co. (LLY). Wegovy sales more than doubled in the first quarter, reaching $1.35 billion, although this was below analysts' expectations. Novo Nordisk is doubling its manufacturing investment to $6.4 billion, not including an $11 billion acquisition of factories from Catalent Inc. (CTLT). The company is also expanding Wegovy's market to Japan and expects sales and operating profit to surge by up to 27% and 30%, respectively, this year. However, pricing pressures and regulatory challenges in the U.S. and Denmark are affecting the company.

Portfolio Pulse from Benzinga Neuro

May 02, 2024 | 9:48 am

AMZN

DIS

KR

WMT

Kroger Co (NYSE:KR) and Walt Disney Co (NYSE:DIS) are reportedly discussing offering Disney+ streaming service to Kroger Boost members at no extra charge. The talks are in early stages, aiming to enhance value for Kroger's grocery delivery program subscribers. This move follows a trend among U.S. retailers like Walmart Inc (NYSE:WMT) and Instacart, who have added streaming services to their membership programs to compete with Amazon.com Inc (NASDAQ:AMZN) and improve customer loyalty. Kroger Boost, launched in 2022, has exceeded expectations, saving members over $115 million in its first year. Disney aims for its streaming segment to be profitable by the end of this fiscal year.

Portfolio Pulse from Shivani Kumaresan

May 02, 2024 | 9:44 am