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BLL

Ball Aerospace and NASA's Goddard Space Flight Center have completed the assembly of the Nancy Grace Roman Space Telescope's camera system, the Wide Field Instrument (WFI). The WFI will serve as the observatory's primary instrument, providing detailed images of the cosmos.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:01 pm

ALPP

VMC

Alpine 4 Holdings' subsidiary, Identified Technologies, has secured a contract for aerial 3D mapping work with Vulcan Materials. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 7:54 pm

AMZN

Amazon has opened its first sortation center in Japan, aiming to boost efficiency in its operations. The new facility will help Amazon to sort packages by destination, which will speed up delivery times and reduce costs.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 7:43 pm

TLRY

Canada's medical cannabis market has seen a 38% drop in patient registrations since the legalization of recreational marijuana in 2018. The number of patients registered with federal licensees fell to 212,700 in March from 345,520 in October 2018. Medical cannabis expenses for H1 2023 were CA$185 million ($135 million), similar to 2016 levels. Despite the domestic decline, Canada's medical marijuana exports grew by 50% to CA$160 million in 2022-23. Tilray Brands Inc's CEO, Irwin Simon, emphasized the importance of novel products like cannabis-infused beverages and foods in driving growth.

Portfolio Pulse from Joana Scopel

September 13, 2023 | 7:39 pm

BUD

CGC

CRLBF

CURLF

TCNNF

TLRY

Tilray Brands' CEO, Irwin D. Simon, is optimistic about the potential legalization of cannabis in the U.S. and plans to capitalize on it by creating beer infused with cannabis. Tilray recently acquired eight beer and beverage brands from Anheuser-Busch, making it the 5th largest craft beer business in the U.S. The recent recommendation from the Dept. of Health and Human Services to reclassify cannabis as a Schedule III drug is seen as a step closer to federal cannabis legalization.

Portfolio Pulse from Maureen Meehan

September 13, 2023 | 7:30 pm

V

Visa (NYSE:V) has invested in London-based payments platform Form3 through a commercial partnership. This will allow Visa clients to minimize fraud while sending and receiving real-time account-to-account payments using Form3's fraud-detection tools and Visa's AI and risk-scoring features. The partnership will also enable Form3 to develop new products and services and expand into new territories where real-time payment solutions are integral.

Portfolio Pulse from Khyathi Dalal

September 13, 2023 | 7:17 pm

SPCE

Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading lower, extending its losses with a 54.14% decline over the past three months. Despite the downward trend, the company recently announced its fourth successful spaceflight in the past four months. The stock fell 5.12% at $1.95 at the time of publication.

Portfolio Pulse from Ryan Gustafson

September 13, 2023 | 6:41 pm

IMCR

Needham has initiated coverage on Immunocore Holdings Plc (NASDAQ:IMCR) with a Buy rating and a price target of $75. The company's product, Kimmtrak, has made a significant entrance into the market for the treatment of metastatic uveal melanoma. The primary source of value for Immunocore is its IMC-F106C program, which is poised to tap into a market of approximately 150,000 patients across various indications. Needham estimates potential sales of $1.3 billion by 2035 for IMC-F106C.

Portfolio Pulse from Vandana Singh

September 13, 2023 | 6:32 pm

MSFT

Microsoft Corporation has announced the full lineup of games available on Xbox Game Pass Core starting Sept. 14. The service, which replaces Xbox Live Gold, offers access to 36 games for Xbox Series X/S and Xbox One. The collection includes titles from Microsoft's first-party studios, Bethesda, and various third-party games. The service also provides benefits like online multiplayer, discounts, and the Free Play Days promotion for $10 a month or $60 annually.

Portfolio Pulse from Franca Quarneti

September 13, 2023 | 6:26 pm

U

Unity Software Inc. (NYSE:U) announced the introduction of its Unity Runtime Fee, effective from Jan. 1. The company believes this initial install-based fee will enable creators to retain financial gains from player engagement. However, the news was not well received by the market, with Unity's shares falling nearly 8%.

Portfolio Pulse from Ryan Gustafson

September 13, 2023 | 6:21 pm