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CPSH

CPS Technologies Corp has received a $1.1 million Phase II SBIR contract from the U.S. Department of Energy to continue developing modular radiation shielding for microreactors over 24 months.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:23 pm

IEZ

OIH

SLB

Schlumberger (SLB) has launched the Lumi data and AI platform, enhancing AI integration across the energy value chain. This platform aims to improve collaboration, decision-making, and efficiency in energy operations. SLB shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

September 17, 2024 | 1:23 pm

BA

Elon Musk's SpaceX is succeeding with private spacewalks while Boeing faces challenges, including a strike and issues with its Starliner spacecraft. Boeing has frozen hiring and is considering furloughs, while SpaceX will rescue stranded NASA astronauts.

Portfolio Pulse from Rounak Jain

September 17, 2024 | 1:23 pm

LAES

SEALSQ is planning to enhance its Public Key Infrastructure (PKI) offerings by integrating post-quantum cryptography and semiconductors. This move aims to ensure future-proof security solutions.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:22 pm

AAPL

FXI

Apple's iPhone 16 is being sold at a discount in China due to cooled demand as consumers await AI features. E-commerce platforms like Pinduoduo and Alibaba's Taobao are offering up to 11% off.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:22 pm

AAPL

Dan Niles suggests that Apple's AI features were expected to boost iPhone sales by over 10% year-over-year, but early indications show a 10% decline. The staggered AI rollout, especially in China, and similar promotion by US carriers may be factors.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:21 pm

CAPR

Capricor Therapeutics' shares rose following a binding term sheet with Nippon Shinyaku for the European expansion and commercialization of Deramiocel, a treatment for Duchenne muscular dystrophy.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:20 pm

MMSI

Merit Medical Systems (NASDAQ:MMSI) plans to acquire Cook Medical's lead management portfolio for $210 million, aiming to enhance its cardiac intervention market position. The deal, expected to close in Q4 2024, will be funded through cash and credit. It is projected to dilute Merit's 2024 financial metrics slightly.

Portfolio Pulse from Vandana Singh

September 17, 2024 | 1:20 pm

DTST

Data Storage Corporation's subsidiary, CloudFirst, has signed a new cloud hosting agreement with a nationally ranked academic medical center. This agreement highlights DSC's expertise in providing secure and tailored cloud solutions, particularly for IBM servers, in collaboration with a cloud infrastructure partner.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:19 pm

EDBL

Edible Garden AG Incorporated has expanded the distribution of its USDA Organic herb product line to more City Supermarket and The Extra Supermarket locations in New Jersey.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:15 pm