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TKO

WWE, part of TKO Group Holdings, Inc. (NYSE:TKO), and NBCUniversal have agreed to a five-year domestic media rights partnership that will bring Friday Night SmackDown back to USA Network beginning October 2024. WWE will also produce four primetime specials per year that will air on NBC. USA Network is currently home to WWE NXT and WWE Monday Night Raw, which will continue to air on USA Network through September 2024. Since 2021, Peacock has been the exclusive home of WWE Network in the U.S.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 1:03 pm

SKX

Skechers has launched a signature collection in collaboration with Doja Cat, available exclusively on StockX for a limited time. The collection, Skechers x Doja Cat, features a new style, Doja'Lite, which combines Doja's modern fashion vision with the classic Skechers D'Lites heritage sneaker. The collection will be available in limited quantities in both black and white pairs in women's sizing. Following the exclusive StockX drop, more colorways across three distinct styles will be released globally on September 28.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 1:02 pm

KRYS

Krystal Biotech has announced that the FDA has cleared its Investigational New Drug application for KB408, a treatment for Type 1 Alpha-1 Antitrypsin Deficiency. Additionally, KB408 has been granted Orphan Drug Designation.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 1:01 pm

IMMX

The U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to Immix Biopharma's NXC-201 for the treatment of Amyloid Light Chain (AL) Amyloidosis. The designation qualifies NXC-201 for 7 years of U.S. market exclusivity after approval, tax credits for qualified clinical testing, and a waiver of the Prescription Drug User Fee. The Amyloidosis market was $3.6 billion in 2017 and is expected to reach $6 billion in 2025.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 12:55 pm

CRLBF

TCNNF

Cresco Labs Inc. is expanding its cannabis brand portfolio in Florida to include the FloraCal and Cresco brands. The company will roll out these products at Florida-based Sunnyside dispensaries starting next week. Cresco recently opened its 33rd medical cannabis store in the state, positioning itself as a main competitor to Trulieve Cannabis Corp., which has over 120 dispensaries in Florida. Other companies positioning themselves for potential legalization of recreational marijuana in Florida include Planet 13 and AYR Wellness, Inc.

Portfolio Pulse from Jelena Martinovic

September 21, 2023 | 12:54 pm

VFS

Vietnamese electric vehicle manufacturer VinFast Auto Ltd (NASDAQ:VFS) plans to ship its first batch of EVs to Europe this year after regulatory approval. The company aims to ship about 3,000 of its VF8 crossovers to France, Germany, and the Netherlands in Q4. If successful, Europe will be VinFast's biggest overseas market in 2023. The company is also working to obtain the voluntary Euro NCAP safety rating. VFS shares are trading lower by 0.70% at $17.07 in premarket on the last check Thursday.

Portfolio Pulse from Shivani Kumaresan

September 21, 2023 | 12:54 pm

MBRX

Moleculin Biotech has completed enrollment for its U.S. Phase 1B/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma lung metastases. Preliminary data shows over 60% of subjects exhibited stable disease after two treatment cycles. Annamycin has received Fast Track Status and Orphan Drug Designation from the FDA. Data readouts are expected before the end of the year.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 12:51 pm

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SPY

The article covers a range of topics including US markets, crypto, politics, economy, electric vehicles, tech, consumer, communication, industrial, space, and financial. Key points include insider selling of McDonald's and Halliburton stocks, tech and small-cap stocks shuddering due to high bond yields, and investor optimism falling after the Fed keeps rates steady. In crypto, ImmutableX's token surges 35% while Bitcoin, Ethereum, and Dogecoin trail. In tech, Google ditches Broadcom for Marvell amid AI chip wars, and Amazon faces pushback on new fees. In consumer news, Starbucks announces a dividend hike. In communication, Elon Musk's X is closer to 'Everything App' goal.

Portfolio Pulse from Akanksha Bakshi

September 21, 2023 | 12:50 pm

RBT

Rubicon Technologies (NYSE:RBT) has entered into a five-year smart city partnership with the City of Phoenix, Arizona to digitize and improve efficiencies across the city's solid waste collection operation. Rubicon's smart city software will be used in Phoenix's solid waste and recycling fleet of over 300 vehicles, aiming to streamline collection services, reduce missed pickups, and enhance route efficiency. This follows Rubicon's recent partnerships with other cities including Houston, Miami, Atlanta, and Denver.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 12:49 pm

AZ

A2Z Smart Technologies Corp. (NASDAQ:AZ) has formed a strategic advisory board and appointed Steve Robinson, a former supply chain executive at Walmart and Starbucks, as a member. The board will guide strategic initiatives and drive company growth. A2Z is leveraging the board to expand its Cust2Mate solution, an AI and computer vision-equipped smart shopping cart. The company's recent partnership with retail integrator IR2S to deploy 30,000 smart carts between 2023 and 2026 across retail chains in France further strengthens its commitment to transforming the retail landscape.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 12:48 pm