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MRNA

Moderna Inc (NASDAQ:MRNA) and Chinese biotech CARsgen Therapeutics have partnered to investigate a combination of CARsgen's investigational Claudin18.2 CAR T-cell product candidate (CT041) and Moderna's investigational Claudin18.2 mRNA cancer vaccine. The collaboration will involve preclinical studies and a phase 1 clinical trial. Moderna has previously collaborated with Merck & Co Inc (NYSE:MRK) on an mRNA cancer vaccine that showed promising results.

Portfolio Pulse from Vandana Singh

August 21, 2023 | 3:20 pm

AMZN

DIS

KHC

META

MPW

ODFL

SCU

TSLA

WMT

Meta Platforms is preparing to launch a desktop version of Threads to compete with Elon Musk's X. Amazon has restarted its external shipping service, challenging FedEx and UPS. High-profile investors have presented a competing bid for Sculptor Capital Management. Kraft Heinz plans to offer Lunchables to school cafeterias. Medical Properties Trust's deal with Prospect Medical Holdings is on hold. Tesla has suffered a data breach affecting over 75,000 people. Old Dominion Freight Line has offered $1.5 billion to acquire Yellow Corp's terminals. General Motors' Cruise is under investigation after a collision. DuPont is in talks to sell its Delrin resins unit. Disney is in a legal battle with Florida Governor Ron DeSantis. Goldman Sachs faces potential lawsuits over the 1MDB scandal. Citigroup is considering splitting its largest division. Walmart and Centric Brands are examining their Cambodian supply chains. US Steel denies union veto rights in company sale.

Portfolio Pulse from Vandana Singh

August 21, 2023 | 3:17 pm

SBEV

Splash Beverage Group, Inc. (NYSE:SBEV) has announced new or expanded distribution agreements with Lakeshore Beverage in Chicago, Southern Beverage Company in Mississippi, and United Distributors in Georgia. Additionally, Splash's Copa di Vino will be offered in nine Blaze Pizza locations across Southern California. These agreements are part of Splash's ongoing distribution and retail strategy.

Portfolio Pulse from Happy Mohamed

August 21, 2023 | 3:12 pm

AAOI

ESTE

GNLX

MRNA

PANW

XPEV

Several stocks recorded gains on Monday, including Genelux Corporation, Applied Optoelectronics, AlloVir, Earthstone Energy, Palo Alto Networks, Archer Aviation, XPeng, Eos Energy Enterprises, BioNTech, and Moderna. Notable events include Earthstone Energy's acquisition by Permian Resources, Palo Alto Networks' strong Q4 earnings, XPeng's upgrade from Neutral to Buy by B of A Securities, and Moderna's announcement of positive preliminary clinical trial data for its updated COVID-19 vaccine.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 3:08 pm

NNVC

NanoViricides announced progress in the Phase 1a/1b Human Clinical Trial of NV-CoV-2, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 3:03 pm

NIO

TSLA

NIO Inc's shares are trading higher after a temporary halt in production of its ES6 at one of its facilities for an upgrade in the manufacturing process. The company has now resumed production, making at least 300 ES6s per day. Nio's second-quarter financial results are due on Aug. 29. Meanwhile, Tesla Inc has slashed prices of its Model Y, Model S, and Model X vehicles in China, increasing pressure on competing EV makers to stay competitive on cost.

Portfolio Pulse from Adam Eckert

August 21, 2023 | 2:57 pm

LWLG

Lightwave Logic Inc (NASDAQ:LWLG) has expanded its corporate facility in Englewood, Colorado by 10,000 square feet, increasing the total size by over 65%. The expansion will support commercial device testing, production reliability testing, and the expansion of the chemical synthesis production line. The company's headcount will increase to 33. The expansion will support commercial material supply and license agreements, such as the recent agreement to provide Perkinamine® chromophore materials for polymer-based photonic devices and photonic integrated circuits.

Portfolio Pulse from Lekha Gupta

August 21, 2023 | 2:48 pm

MRNA

Moderna has entered a cancer collaboration with CARsgen and announced the effectiveness of its COVID vaccine against the EG.5 and FL.1.5.1 variants. This news has led to a rise in Moderna's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 2:45 pm

The U.S. auto safety regulators are investigating Ford Motor Company's (NYSE:F) recall of nearly 49,000 Ford Mustang Mach-E electric vehicles last year to understand if the company had adequately addressed concerns. The regulators are also investigating whether the recall should be expanded to more vehicles. Ford is cooperating with the investigation.

Portfolio Pulse from Nabaparna Bhattacharya

August 21, 2023 | 2:41 pm

MULN

Mullen Automotive Inc (NASDAQ:MULN) announced that its first production vehicle, the Mullen THREE, has rolled off the assembly line. The company plans to gradually increase production through the end of the year, aiming to produce 3,000 vehicles a year at its Mississippi facility. Mullen has received $79 million in purchase orders for the Mullen THREE to date. The company also recently announced a $25 million buyback and open market buys from its CEO. Mullen has until Sept. 5 to meet the Nasdaq's continued listing requirement of $1 per share.

Portfolio Pulse from Adam Eckert

August 21, 2023 | 2:37 pm