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The US markets are set for a lower open due to looming inflation data. Tech stocks like Apple and NVIDIA are in focus. Oracle and Sight Sciences stocks are moving lower in the pre-market session. Cathie Wood's Ark Invest increased its stake in a chipmaker after selling $10M worth of Nvidia last week. In the crypto market, $185M was liquidated in a sell-off, with Bitcoin, Ethereum, and Dogecoin plummeting. Porsche is recalling nearly 5,000 Taycan EVs due to fire risk.

Portfolio Pulse from Akanksha Bakshi

September 12, 2023 | 12:57 pm

LYRA

Lyra Therapeutics announced that its BEACON Phase 2 study of LYR-220 for chronic rhinosinusitis in patients with prior ethmoid sinus surgery met its primary endpoint. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:57 pm

SILO

Silo Pharma, Inc. (NASDAQ:SILO) has initiated a feasibility study for its intranasal therapeutic drug SPC-15, aimed at treating PTSD. The study will evaluate a selected delivery mechanism for the drug. The company's partner for the study is a developer and manufacturer of innovative drug delivery systems and technology.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:52 pm

ALPN

Alpine Immune Sciences, Inc. (NASDAQ:ALPN) presented new preclinical data for povetacicept in a murine experimental autoimmune myasthenia gravis (EAMG) model at the American Neurological Association Annual Meeting. The company also presented safety, tolerability, pharmacokinetic, and pharmacodynamic data from RUBY-1, a phase 1 study of povetacicept in healthy adult volunteers.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:51 pm

AAPL

GOOG

NFTG

NFT Gaming Company has announced that its game 'Brawl Bots' has been approved by both Apple App Store and Google Play Store. This could potentially increase the visibility and user base of the game.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:50 pm

OWPC

One World Products, Inc. (OTCQB:OWPC) has announced an exclusive collaboration with Smokiez Edibles. Through this partnership, OWP will become the sole producer and distributor of Smokiez Gummies in Colombia. The company will use its facilities within the Colombian Free Trade Zone to manufacture and distribute the gummies to the Asian, South American, and European markets. This strategy is expected to expand both companies' global outreach and establish a stronger presence in key international markets.

Portfolio Pulse from Jelena Martinovic

September 12, 2023 | 12:50 pm

AAPL

WLDS

Wearable Devices Ltd. (NASDAQ:WLDS) has announced the ability for full touchless control of Apple products across the entire Apple product ecosystem. This is achieved by using the Mudra Band neural input wristband's AirTouch feature in tandem with the Apple Watch AssistiveTouch touchless control gestures feature.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:47 pm

NEOV

NeoVolta has partnered with Mosaic to provide financing options for solar battery storage. The partnership is aimed at fast-tracking NeoVolta's technology in anticipation of growing power outage concerns.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:47 pm

XPON

Expion360, a manufacturer of advanced lithium-ion battery systems, will be showcasing its e360 Lithium-Ion Battery Systems at the Elkhart RV Dealer Open House. The company will be exhibiting alongside its OEM partners.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:45 pm

MLTX

MoonLake's shares are trading higher following the failure of rival Acelyrin's Phase 2b/3 trial of izokibep for Hidradenitis Suppurativa. MoonLake is also developing a treatment for the same condition.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:45 pm