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IOVA

Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) announced the pricing of an underwritten offering of 23,014,000 shares at $9.15 per share, aiming to raise approximately $211 million. The proceeds are intended to support the commercial launch of AMTAGVI, fund ongoing clinical programs, continue the development of pipeline candidates, and for other general corporate purposes. The offering is expected to close on February 22, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:34 am

MTCH

Tinder, a social media app owned by Match Group (MTCH), is expanding its ID Verification feature to users in the US, UK, Brazil, and Mexico. This feature aims to confirm the authenticity of profiles, focusing on date of birth and likeness, with plans to launch in the US and Mexico by summer, and in the UK and Brazil by spring.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:10 am

BYDDY

TSLA

Tesla Inc. (NASDAQ:TSLA) saw a 67% year-on-year increase in new vehicle registrations in the EU in January, with 14,466 new vehicles. However, this growth was slightly outpaced by Chinese state-owned SAIC Motors, which reported a 69.5% increase with 9,746 new registrations. Despite Tesla's growth, it lost the title of the world's top-selling BEV maker to BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) last year. SAIC Motors' performance indicates that BYD is not the only Chinese competitor challenging Tesla's dominance in the electric vehicle market.

Portfolio Pulse from Anan Ashraf

February 20, 2024 | 10:16 am

AGRI

AgriFORCE Growing Systems Ltd., an AgTech company, announced that the USPTO granted it Patent No. 11,895,958 for 'STRUCTURES FOR GROWING PLANTS (TO GENERATE MICRO-ENVIRONMENT CONDITIONS)' on February 13, 2024.

Portfolio Pulse from Charles Gross

February 20, 2024 | 10:07 am

CHPT

ChargePoint (NYSE:CHPT) has entered into an agreement with AcBel Polytech Inc., a Kinpo Group company, to co-develop EV charging solutions. This collaboration aims to enhance ChargePoint's product development, reduce costs, and improve time to market while maintaining quality and reliability standards.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:02 am

ONEQ

SMCI

SOXX

Super Micro Computer Inc. (SMCI) has seen a remarkable 9,900% increase in stock value since its 2007 IPO, significantly outperforming Nvidia and the Philadelphia Semiconductor Index (SOXX) in 2023. With strong financials and an optimistic outlook, Super Micro's revenue guidance has been raised to $14.3-$14.7 billion. The company's focus on AI-optimized computer platforms has contributed to its success, despite a recent pullback after Wells Fargo's cautious rating. BofA Securities initiated coverage with a Buy rating and a $1,040 price target, highlighting the company's potential in the growing AI server market.

Portfolio Pulse from Shanthi Rexaline

February 20, 2024 | 9:50 am

ETHUSD

FLOKIUSD

After Ethereum co-founder Vitalik Buterin tweeted about the potential of AI in finding smart contract bugs, TokenFi's TOKEN, associated with FLOKI, saw a 20% increase in value. TokenFi announced the launch of AI-based products including an AI Smart Contract Auditor. Crypto analyst Scofield predicts TOKEN could surge over 50% to $0.057.

Portfolio Pulse from Mehab Qureshi

February 20, 2024 | 9:02 am

BCRX

BioCryst Pharmaceuticals, Inc. (BCRX) announced the launch of ORLADEYO® in Italy for the prevention of hereditary angioedema (HAE) attacks, following reimbursement and recommendation by the Italian Medicines Agency (AIFA). This marks the availability of the first oral, once-daily therapy for HAE patients in Italy.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:48 am

ACN

Accenture (NYSE:ACN) is set to acquire GemSeek, a top customer experience analytics provider. This move is part of Accenture Song's investment in data and AI to enhance client growth and customer relevance.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:45 am

CLVT

Clarivate Plc (NYSE:CLVT), a global intelligence provider, has launched the Clarivate Center for IP and Innovation Research. This new unit aims to assist corporations and research organizations in creating innovative ideas and valuable technology and brand IP assets.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:44 am