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DNLI

Denali Therapeutics has announced new interim data from its Phase 1/2 study of DNL310 in MPS II at SSIEM 2023. The data shows rapid and sustained normalization of CSF heparan sulfate to normal healthy levels and improvement in lysosomal function biomarkers. The treatment is generally well tolerated and has shown positive clinical outcome changes in adaptive behavior, cognition, and auditory function. Recruitment for the global Phase 2/3 COMPASS study is ongoing.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 12:35 pm

NAOV

NanoVibronix, Inc. (NASDAQ:NAOV) has reported positive outcomes from a study of its UroShield device conducted at the University of Southampton. The study found that UroShield had a positive effect on catheter-associated urinary tract infections (CAUTI) and catheter blockage, with about one-third of patients citing a reduction in the frequency of catheter blockages. The device generates ultrasonic waves to prevent bacterial biofilm formation and may reduce the need for antibiotics.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:34 pm

META

Meta Platforms Inc. (NASDAQ:META) is developing a technology that can turn any flat surface into a virtual keyboard using the Quest 2 virtual reality headset. The technology was demonstrated by Mark Zuckerberg and Meta CTO Andrew Bosworth on Instagram. However, the technology requires the user to wear the bulky Quest 2 VR headset and is prone to calibration issues and false key presses. Meta is rumored to be addressing these issues with the upcoming Quest 3 headset.

Portfolio Pulse from Rounak Jain

August 30, 2023 | 12:30 pm

WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) has developed a new deep learning method for Brain-Machine Interface (BMI) signals with data enhancement. The method combines deep learning and data augmentation to generate a large amount of artificial EEG data using a small amount of EEG data, thus improving the accuracy and generalization ability of the classifier. The method also combines Convolutional Neural Network (CNN) and wavelet neural networks to better solve the data classification problem in the field of BMI.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:20 pm

NDRA

ENDRA Life Sciences Inc.'s De Novo request for the TAEUS liver system has advanced to the substantive review stage with the U.S. Food and Drug Administration (FDA). The TAEUS system is a proprietary device for non-invasive assessment of fatty liver tissue. The FDA aims to make a decision about a De Novo request in 150 review days. If granted, it will strengthen TAEUS' competitive position.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:19 pm

CVNA

Carvana Co. (NYSE:CVNA) has launched same-day vehicle delivery in North Carolina, following its initial launch in Arizona. The service allows customers to buy, sell, or trade in a vehicle, with additional services such as financing, insurance, warranty, and service. The company plans to roll out the service in additional markets across the US in the coming months. CVNA shares are trading lower by 0.19% to $47.31 in the premarket on the last check Wednesday.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2023 | 12:16 pm

TSLA

The article discusses the potential returns if a person had invested $100 in Tesla's stock instead of reserving a Cybertruck when it was unveiled four years ago. The investment would have yielded about 4.33 shares, worth $1,086.98, a return of roughly 990% in about four years. Meanwhile, Tesla's Cybertruck reservations have reached nearly two million. Analysts are optimistic about the Cybertruck, with Future Fund’s Gary Black predicting the launch could triple Tesla's stock by 2030.

Portfolio Pulse from Shanthi Rexaline

August 30, 2023 | 12:13 pm

MCHP

Microchip Technology's PolarFire FPGAs have been successfully reviewed by the UK Government's National Cyber Security Centre (NCSC) for their Single-Chip Crypto Design Flow. The review confirms the security of systems relying on these devices, reinforcing Microchip's commitment to security. The PolarFire FPGAs implement Microchip's industry-leading security architecture to protect intellectual property, secure data, and secure supply chains.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:11 pm

MGRX

Mangoceuticals, Inc. (NASDAQ:MGRX) has launched a new commercial for its proprietary mango-flavored erectile dysfunction (ED) drug, Mango. The commercial provides insight into the company's ED formula, which now comes in both sildenafil and tadalafil forms. The company aims to differentiate its product from competitors by offering a better tasting pill, an anonymous online ordering and shipping experience, and additional ingredients to enhance performance.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:11 pm

AGR

Avangrid, Inc. (NYSE:AGR) has announced a pilot project with LineVision, Inc. to increase capacity on its transmission lines for renewable energy in New York state. The project will use advanced monitoring to provide real-time data on where additional power can flow through the existing transmission infrastructure. This could aid in linking more renewable energy resources into New York's electrical grid and supporting the state's clean energy goals. The project is funded through round two of NYSERDA's Future Grid Challenge program.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:08 pm