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DERM

Journey Medical Corporation (NASDAQ:DERM), a commercial-stage pharmaceutical company, announced the appointment of Joseph M. Benesch as Chief Financial Officer effective April 26, 2024. Benesch, who has over 25 years of experience in financial leadership within the pharmaceutical industry, has been serving as the Interim CFO since January 2023 and was the Corporate Controller before that. The company highlights his extensive experience as a valuable asset, especially in anticipation of the potential approval of DFD-29 for treating rosacea.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:54 pm

BALY

Bally's maintains its 2024 revenue guidance at $2.5B-$2.7B, including impacts from the Tropicana Las Vegas closure and growth from the Chicago Temporary Casino, International Interactive business, and Rhode Island iGaming operations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:53 pm

MGX

Metagenomi, Inc. (NASDAQ:MGX) has regained full global rights to its gene editing technologies, including base editors and RIGS, previously under exclusive rights with Moderna, Inc. The companies mutually agreed to terminate their collaboration on the PH1 program, returning all rights to Metagenomi. This move allows Metagenomi to advance its technologies in areas like Alpha-1 antitrypsin deficiency and Wilson's disease, leveraging its expanded gene editing toolbox and in-house manufacturing capabilities. Moderna remains a shareholder in Metagenomi.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:51 pm

ENVX

Enovix has entered into a development agreement with an unnamed smartphone OEM, marking a significant step forward in its business expansion and technology deployment.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:44 pm

ELAB

Elevai Labs has announced the launch of two new subsidiaries, Elevai Biosciences and Elevai Skincare, to expand its operations and offerings in the biosciences and skincare sectors.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:41 pm

ALB

Albemarle has reaffirmed its FY24 corporate outlook, including various scenarios based on lithium market price fluctuations. This announcement reflects the company's confidence in navigating the volatile lithium market and its impact on future financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:40 pm

CHDN

CMCSA

COIN

Photo Finish LIVE, a virtual horse racing game, announced a SuperFecta Scratch-Off event for the 150th Kentucky Derby, offering a $100,000 prize. Tickets are minted on the Base Network, supported by Coinbase Global. The event, in partnership with Churchill Downs, aims to attract new fans to horse racing, leveraging web3 technology. Over 26,000 of the 116,280 tickets have been claimed. NBC and Peacock, owned by Comcast Corporation, will broadcast the race.

Portfolio Pulse from Chris Katje

May 01, 2024 | 8:38 pm

BODY

The Beachbody Company announced an initiative allowing qualifying patients to use pre-tax HSA or FSA funds for BODi and Dr. B fitness solutions, aiming to save time and money.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:15 pm

BODY

The Beachbody Company has partnered with telehealth provider Dr. B to allow pre-tax reimbursements for BODi fitness solutions across all 50 states, as exclusively reported by Benzinga Co.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:15 pm

IDGT

NVDA

SMCI

XMMO

Super Micro Computer Inc (SMCI) updated its fiscal guidance, with analysts from Wedbush, BofA Securities, Goldman Sachs, and JP Morgan providing insights. SMCI's revenue guidance was raised, reflecting strong sales momentum, especially in AI-related servers, despite concerns over margin pressures and competition. Analysts have adjusted their price targets and EPS projections accordingly, with varying degrees of optimism. SMCI's stock has seen significant growth but recently experienced a decline. The company's performance and outlook are also relevant for investors in ETFs like XMMO and IDGT, which include SMCI.

Portfolio Pulse from Anusuya Lahiri

May 01, 2024 | 7:44 pm