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MRIN

Marin Software has launched two new products, Connect and Ascend, aimed at performance marketers. Connect is a marketing analytics platform that unifies performance marketing data from various sources, while Ascend uses AI-powered tools to optimize campaign performance across channels. The new offerings are designed to provide marketers with unprecedented insights and tools to improve results across performance marketing channels.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 8:28 pm

AAPL

AMZN

GOOG

MSFT

Google is reportedly developing an AI-enhanced life coach tool, which is expected to offer solutions for users' personal challenges. The tool is being developed by Google DeepMind, Alphabet's AI research unit. The tool is expected to answer intimate questions and provide tutoring functions. However, it is not yet clear when the tool will be released. The development of this tool could give Google an edge over Microsoft, which is currently leading in the AI-chat sphere.

Portfolio Pulse from Natan Ponieman

August 16, 2023 | 8:25 pm

MODD

Modular Medical, Inc. (NASDAQ:MODD) has announced a collaboration with Phillips-Medisize, a Molex company, to expand insulin delivery alternatives. Phillips-Medisize will provide design, development, and high-volume manufacturing capabilities for the MODD1 Insulin Delivery System. The collaboration aims to accelerate the development process and prepare for significant scalability and market launch readiness.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 8:02 pm

DKNG

PENN

Fanatics has launched its Fanatics Sportsbook platform in Maryland, Massachusetts, Ohio, and Tennessee, following six months of beta testing. The launch comes after the company's acquisition of the U.S. business of PointsBet. The move is seen as a challenge to existing sportsbooks, including those run by DraftKings Inc (NASDAQ:DKNG) and Penn Entertainment (NASDAQ:PENN). Both DKNG and PENN saw their shares fall following the announcement.

Portfolio Pulse from Chris Katje

August 16, 2023 | 7:47 pm

RUM

Rumble CEO Chris Pavlovski announced via Twitter that the company will begin opening up RAC for publishers, aiming to complete what Facebook didn't finish.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 7:32 pm

SNAP

Snap Inc. (NYSE:SNAP) shares are trading lower after the company's MyAI chatbot experienced an outage and posted stories for some users. The stock was up nearly 50% from the beginning of the year in mid-July, but third-quarter earnings results sent the stock lower. SNAP remains up 3.01% year-to-date.

Portfolio Pulse from Ryan Gustafson

August 16, 2023 | 7:24 pm

JNJ

MRK

PFE

The 5th Circuit Court of Appeals has ruled to prohibit access to the abortion pill, mifepristone, in a case against the FDA. The ruling will not take effect until the Supreme Court weighs in, potentially next year. This could increase demand for birth control pills from companies like Pfizer Inc, Merck & Co Inc, and Johnson & Johnson.

Portfolio Pulse from Aaron Bry

August 16, 2023 | 7:23 pm

CYBN

Clinical-stage biotech company Cybin Inc. (NYSE:CYBN) has received a U.S. patent for deuterated tryptamines, including the novel psilocybin analog in the company’s CYB003 investigational program and novel DMT analog in its CYB004 program. The patent is expected to provide exclusivity until 2041 and covers methods of treating Major Depressive Disorder (MDD) and Treatment-Resistant Depression (TRD). Private biopharma company Psilera Inc. has received a USPTO notice of allowance for its filed patent application around novel compositions of matter and pharmaceutical compositions.

Portfolio Pulse from Lara Goldstein

August 16, 2023 | 7:16 pm

MULN

Mullen Automotive (NASDAQ:MULN) has debuted the ultra-high-performance Mullen FIVE RS EV Crossover, which has a top speed of 200 mph and acceleration from 0-60 mph in under 2 seconds. The vehicle will be featured on the upcoming Strikingly Different EV tour. Mullen also implemented a 1-for-9 reverse stock split to regain compliance with Nasdaq's $1.00 minimum bid price requirement. MULN shares are currently trading lower by 2.2%.

Portfolio Pulse from Shivani Kumaresan

August 16, 2023 | 7:12 pm

AAL

American Airlines has announced that it will be increasing its schedule to operate daily service between Dallas-Fort Worth and Shanghai. This move is expected to boost the company's operations and potentially its revenues.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 6:47 pm