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SMCI

Supermicro has launched a new vSAN HCI solution, the Multi-Node BigTwin HCI System, which is powered by 4th Gen Intel Xeon Scalable Processors. The new system provides twice the I/O bandwidth with PCIe 5.0 and up to 1.5 times the memory bandwidth with DDR5. It also supports built-in CPU accelerators for specific workload performance gains.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:07 pm

HRYU

Hanryu Holdings has announced the launch of FANTOO House, a professional studio rental service for diverse creative activities. The service will be located on the 4th floor of Seoul Marina in Yeouido, Seoul.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 1:06 pm

MVLA

Movella Holdings Inc. (NASDAQ:MVLA) has announced a strategic partnership with Teamworks, an enterprise SaaS company. The partnership aims to provide integrated solutions to each company's customer base, with Teamworks providing its Operating System for Sports™ to support existing Movella athlete performance management customers and Movella offering its full-stack athlete movement analytics solutions to over 6,000 Teamworks' customers. Teamworks will also transition Movella's Kinduct athlete management system customers to its recently acquired human performance data management system, Smartabase.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 1:05 pm

NVOS

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) has announced that its IoNovo Iodine product has received regulatory approval by Turkey's Ministry of Health as a dietary supplement. The product is now eligible for sale in Turkey. IoNovo Iodine is absorbed directly into the bloodstream through an oral spray dosage, a method proven to be more effective in absorption than pill or gel capsules.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 1:03 pm

MSFT

PSTG

Pure Storage (NYSE:PSTG) has expanded its strategic partnership with Microsoft (NASDAQ:MSFT) to bring its advanced storage capabilities to Microsoft Azure services. The partnership will leverage Azure's new Premium SSD v2 and introduce it to Azure VMware Solution (AVS) in Preview. The collaboration aims to optimize AVS costs, accelerate cloud migrations, implement flexible disaster recovery, and simplify storage strategy. The move is expected to drive faster, more cost-effective adoption of cloud services.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 1:01 pm

JUSHF

Jushi Holdings Inc. is opening its sixth medical cannabis dispensary, Beyond Hello Woodbridge, in Virginia. The dispensary will begin serving Virginia medical cannabis patients and registered agents on August 23rd. The dispensary is located in a suburban community just outside of Washington, D.C. and will offer five of Jushi’s in-house brands, all locally grown at Jushi’s nearby grower-processor facility in Manassas.

Portfolio Pulse from Vuk Zdinjak

August 22, 2023 | 12:51 pm

BIDU

Baidu is awaiting approval for large scale roll-out of its Ernie Bot for use in consumer-facing apps. This comes in the wake of China's July Generative AI rules, which are seen as pro-innovation rather than pro-regulation.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 12:48 pm

AENT

Alliance Entertainment Holding Corporation (NASDAQ:AENT) announced that it has shipped over 2 million units representing $32 million in K-POP sales during the twelve months ending July 31, 2023, a 55% increase over the previous year. The company expects this exponential sales growth to continue with several major K-POP acts scheduled to be released throughout the balance of 2023. K-POP is driving enormous consumer demand and sales growth in physical music media, particularly in the Compact Disc market.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 12:43 pm

OSIS

OSI Systems, Inc. (NASDAQ:OSIS) announced that its Rapiscan Itemiser® 5X Explosive Trace Detection (ETD) device has met the qualification standards set by the TSA for inclusion on the Air Cargo Screening Technology List (ACSTL). The ACSTL provides a list of approved technologies to be used by the air cargo industry for meeting the U.S. regulatory requirements and enhancing cargo security.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 12:39 pm

SSTI

SoundThinking, Inc. (NASDAQ:SSTI) has acquired SafePointe, LLC, a provider of intelligent weapons detection technology. The acquisition allows SoundThinking to enter the $20 billion global weapons detection market and extends its SafetySmart™ platform with a proven weapons detection solution. SafePointe's technology has been used in various high-traffic environments such as workplaces, museums, schools, casinos, financial institutions, and hospitals. The acquisition is expected to be accretive to SoundThinking's earnings per share by the end of 2024.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 12:38 pm