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IMMX

Immix Biopharma, Inc. (NASDAQ:IMMX) has been granted the European Union Orphan Drug Designation (ODD) for NXC-201, a treatment for AL Amyloidosis. This designation offers 10 years of market exclusivity in the EU, access to centralized authorization, reduced fees, and other benefits. The U.S. prevalence of relapsed/refractory AL Amyloidosis is increasing by 12% annually, with an estimated 29,712 patients in 2023. The company believes NXC-201 could be a one-time treatment option for this condition, with a favorable tolerability profile and potential for expansion into other autoimmune diseases.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:41 pm

GOOG

QCOM

SSNLF

OnePlus COO Kinder Liu explains the company's decision to offer four to five years of software updates for the OnePlus 12 series, contrasting it with competitors like Samsung and Google who offer up to seven years. Liu argues that hardware limitations make extended software support less valuable, emphasizing the importance of user experience over time. The OnePlus 12 series, featuring Qualcomm's Snapdragon chipsets, was launched in January, amidst competition from Samsung's Galaxy S24 and devices from Apple and Google.

Portfolio Pulse from Rounak Jain

February 07, 2024 | 2:40 pm

PHUN

Phunware Inc (NASDAQ:PHUN) announced a $10 million public offering, planning to sell 40 million shares at $0.25 each for working capital and expansion, including its PhunCoin and PhunToken initiatives. The company's stock fell 16.6% following the announcement. This comes after a 375% rally year-to-date, partly due to its ties with former President Donald Trump, for whom it developed a mobile app portfolio for the 2020 reelection campaign.

Portfolio Pulse from Adam Eckert

February 07, 2024 | 2:38 pm

DIS

FOXA

WBD

Fox Corporation reported Q2 2023 revenues of $4.23 billion, a decrease from $4.61 billion a year ago, with advertising revenues down 20% primarily due to the absence of the FIFA Men's World Cup and lower political advertising. Affiliate fee revenues increased by 4%, and expenses decreased due to lower programming costs. Adjusted net income was $165 million, beating consensus. Fox is collaborating with Warner Bros. Discovery Inc and Walt Disney Co on a new sports streaming joint venture.

Portfolio Pulse from Vandana Singh

February 07, 2024 | 2:36 pm

TYL

Tyler Technologies has entered into a five-year agreement with the Idaho Supreme Court to migrate its case management system to Tyler's SaaS platform. This move aims to enhance security, flexibility, and stability for the state's judicial system.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:30 pm

CART

Instacart (NASDAQ:CART) has announced the addition of Whole Foods Market Canada to its app, enabling customers in Canada to order groceries for same-day delivery in as fast as 30 minutes. This service is initially available in 14 Whole Foods Market stores across Vancouver, Victoria, Toronto, and Ottawa. Instacart's technology, including AI-powered recommendations and a user-friendly picking app, will support the delivery process. This partnership aims to provide Canadians with convenient access to high-quality foods and products.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:17 pm

CMTL

Comtech (NASDAQ:CMTL), a global technology leader, announced its selection by Innovation Canada to join the Accelerated Growth Service (AGS) program, aimed at supporting high-growth companies in Canada. This inclusion will provide Comtech access to key government services, financing, and export opportunities, along with a personalized team of government experts to support growth and identify new opportunities. Comtech's participation in the AGS program is a testament to its strategic growth plans and its long-standing partnership with commercial and government customers in Canada.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:16 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL) has been granted U.S. Patent No. D1,010,365 S for its Self-Watering Display technology, designed to enhance plant shelf life and reduce spoilage in retail settings. This innovation aligns with the company's Zero-Waste Inspired mission and has already seen successful deployment at Meijer stores, with plans for further expansion.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:15 pm

AMPL

Amplitude has enhanced its digital analytics platform by introducing new features such as session replay, experimentation capabilities, and simplified event tagging. These additions aim to help teams more intuitively track and optimize web activity.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:14 pm

EH

EHang Holdings Limited (NASDAQ:EH) announced a suggested retail price of $410,000 for its EH216-S pilotless eVTOL aircraft for global markets outside China, effective from April 1, 2024. The EH216-S features autonomous flight, electric propulsion, safety features, and intelligent systems for cluster management, aiming at various urban air mobility applications. It also secured the world's first Type Certificate and Standard Airworthiness Certificate for pilotless passenger-carrying eVTOL aircraft from the CAAC in 2023, highlighting EHang's commitment to safety and quality. This pricing strategy is intended to meet international demand and promote the adoption of innovative urban air mobility solutions.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:14 pm