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LLY

Eli Lilly and Co (NYSE:LLY) projects a 20% revenue increase for 2024, driven by strong demand for its diabetes and obesity drugs, Mounjaro and Zepbound. The company's shares rose 5.8% in pre-market trading after announcing fourth-quarter earnings, with revenues from new products like Mounjaro and Zepbound contributing significantly to a total quarterly revenue of $9.35 billion, surpassing analysts' expectations. Lilly's 2024 revenue is estimated to be between $40.4 billion and $41.6 billion, up from $34.1 billion in 2023.

Portfolio Pulse from Benzinga Neuro

February 06, 2024 | 2:15 pm

NOW

ServiceNow (NYSE:NOW) and Keensight Capital announced a strategic investment in Plat4mation, a leading ServiceNow implementation partner. This marks the first European investment by ServiceNow Ecosystem Ventures, aiming to accelerate customer value and drive growth through partners. Plat4mation will focus on digital transformation in Germany's Mittelstand sector, leveraging ServiceNow's AI technology. The investment will support Plat4mation's expansion and the training of over 400 new ServiceNow skilled individuals in Germany and central Europe.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:14 pm

LIQT

LiqTech International, Inc. (NASDAQ:LIQT) has expanded its distribution agreement with Barr + Wray to include the UK, aiming to grow its Aqua Solution swimming pool water filtration systems. This move builds on their recent partnership in the Middle East. LiqTech's systems offer significant advantages over traditional filtration systems, including up to 80% reduction in water spending, 60% lower energy consumption, and 30% lower chlorine dosing. The company has already received an initial order in the UK following the agreement.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:13 pm

DOGEUSD

ETHUSD

SHIBUSD

Andrew Kang, co-founder of Mechanism Capital, announced an investment in Trump-related meme coins and NFTs, causing the $TRUMP token to surge 32%. Kang believes $TRUMP can rival Dogecoin and Shiba Inu due to Trump's ability to monopolize attention, especially with the upcoming U.S. primary elections and court cases. The Ethereum version, MAGA memecoin, is highlighted for its high market cap and community support. Risks include Trump disavowing the coin. $TRUMP's value has increased 100X since its launch, with a current market cap of $115 million.

Portfolio Pulse from Ivan Crnogatić

February 06, 2024 | 2:10 pm

AMD

AMD announced the launch of AMD Embedded+, a new architectural solution combining AMD Ryzen Embedded processors with Versal adaptive SoCs for edge AI applications. This solution aims to accelerate time-to-market for ODM partners by providing a simplified path to AI inferencing, sensor fusion, and more. The first ODM solution based on Embedded+ is the Sapphire Edge+ VPR-4616-MB from Sapphire Technology, offering low power consumption and high performance in a Mini-ITX form factor.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:08 pm

NUWE

Nuwellis has published data showcasing the potential of its Aquadex SmartFlow system's Aquapheresis therapy for treating end-stage liver disease patients with fluid overload. This development could significantly impact the treatment options available for such patients, highlighting the company's innovation in medical technology.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:06 pm

AAPL

The Apple Vision Pro, Apple Inc.'s first-generation mixed-reality headset, is highly susceptible to scratches, as revealed by a scratch test conducted by JerryRigEverything. Despite being advertised with a laminated glass top, the headset's front glass, which includes a plastic layer, gets easily scratched at a much lower level on the Mohs scale of mineral hardness compared to typical smartphone glasses. Apple charges $799 for front glass replacement, reduced to $299 with an AppleCare+ plan. This vulnerability to scratches contrasts with previous durability tests where the Vision Pro was found to be sturdier.

Portfolio Pulse from Rounak Jain

February 06, 2024 | 2:03 pm

MIGI

Mawson Infrastructure Group Inc. (MIGI) has announced a new co-location agreement with Faith Technologies Incorporated (FTI) for about 4 MW or 1,176 miners at its Midland, Pennsylvania facilities, with an option for future expansion. This marks the third co-location customer agreement for Mawson since Q4, 2023, expanding its multi-customer base and growth opportunities in its co-location business. Mawson's facilities, including another site in Bellefonte, Pennsylvania for self-mining, are expected to reach a total capacity of 109 MW and about 35,650 miners.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:02 pm

SBEV

SEAS

Splash Beverage Group, Inc. has announced a partnership with Sea World Parks & Entertainment, making its Pulpoloco Sangria available at Sea World venues. This collaboration aims to enhance the beverage options available to visitors at Sea World parks, potentially increasing sales and visibility for Splash Beverage's product.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:01 pm

BKYI

BIO-key International, Inc. (NASDAQ:BKYI) has been selected by the City of Bridgetown Co-operative Credit Union Ltd. (COB) to implement its PortalGuard platform with Identity-Bound Biometrics (IBB) for secure staff access to systems and data. This move aims to enhance cybersecurity and staff productivity, especially in shared workstation environments, by providing a passwordless, phoneless, and token-less multifactor authentication solution that meets cybersecurity insurance mandates.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:01 pm