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SMLR

Semler Scientific is planning to seek a new 510(k) clearance from the FDA for the expanded use of its QuantaFlo product. The new clearance would allow QuantaFlo to be marketed as an aid in diagnosing a broader range of cardiovascular diseases beyond its current use for peripheral artery disease (PAD). PAD diagnosis has historically accounted for over 99% of QuantaFlo's revenue. The company will continue to sell QuantaFlo for PAD diagnosis while awaiting FDA clearance for the expanded use.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 9:17 pm

LQR

LQR House Inc. (NASDAQ:LQR) has announced a strategic partnership with Flight Spirits to increase sales of Flight Spirits' products on CWSpirits.com. The partnership will utilize LQR House's network of over 550 influencers to promote Flight Spirits' premier products, including Flight 1923 Bourbon, Americano Coffee Vodka, and Island Bird Rum. Additionally, an exclusive barrel under the LQR House name will be co-created and offered to CWSpirits.com customers and LQR House investors. Both companies' CEOs have expressed excitement about the collaboration and the unique marketing opportunity it presents.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 9:12 pm

CLPT

ClearPoint Neuro announced that it has received European Medical Device Regulation clearance for its Manual SmartTwist MR Hand Drill and SmartTip MR Drill Kit. The company also obtained updated certification for shipping products from its new Carlsbad, California facility to Europe.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 9:09 pm

CURLF

The Travel Agency: A Cannabis Store and Curaleaf Holdings Inc. (OTC:CURLF) are expanding their presence in New York's legal cannabis market. The Travel Agency is opening its second Brooklyn dispensary near the Barclays Center, while Curaleaf is launching its first adult-use store in Newburgh. New York's legal cannabis market faces challenges from unlicensed stores and generated $150 million in sales in its first year. Governor Hochul proposes legislative changes to improve the market's competitiveness.

Portfolio Pulse from Nicolás Jose Rodriguez

January 22, 2024 | 9:03 pm

AAPL

GOOG

GOOGL

TTWO

Take-Two Interactive Software, Inc. (TTWO) hit a 52-week high as Benchmark raised its price target from $163 to $200, citing low execution risks, the upcoming GTA 6 release, and AI integration benefits. The company's D2C growth opportunities are also highlighted, especially with potential changes in app store control by Apple (AAPL) and Alphabet (GOOG, GOOGL). Benchmark maintains a Buy rating with a normalized EPS estimate of $7.88 over FY25|FY26.

Portfolio Pulse from Franca Quarneti

January 22, 2024 | 8:41 pm

GOOG

GOOGL

RACE

TSLA

YouTuber MrBeast tested ad revenue potential on X (formerly Twitter) by reuploading a video, earning over $250,000. The video, originally on YouTube (Alphabet Inc: GOOG, GOOGL), featured a Tesla Model X Plaid (Tesla Inc: TSLA) and a Ferrari (Ferrari NV: RACE). Elon Musk's promotion may have boosted views. MrBeast plans to share earnings with followers and noted X's monetization is less than YouTube's, insufficient to cover his video production costs.

Portfolio Pulse from Chris Katje

January 22, 2024 | 8:23 pm

BTCUSD

Ark Invest CEO Cathie Wood and Director of Digital Assets Yassine Elmandjra debunked five common myths about Bitcoin, emphasizing its strengths such as the powerful computing network it's backed by, decreasing volatility, purposeful energy usage, neutral nature not making it inherently criminal, and its intrinsic value as a contender for global digital money. The thread has gained significant attention, indicating a strong interest in Bitcoin's potential.

Portfolio Pulse from Murtuza Merchant

January 22, 2024 | 8:16 pm

CDE

FEAM

X

Coeur Mining, Inc. (CDE) reported significant drilling results from its Silvertip project, with high-grade mineral intercepts. Nippon Steel Corp.'s (NISTF) acquisition of United States Steel Corp. (X) was defended by Larry Summers, citing benefits to the U.S. steel industry. 5E Advanced Materials, Inc. (FEAM) completed a $10 million equity financing round to advance mining operations.

Portfolio Pulse from Austin DeNoce

January 22, 2024 | 8:02 pm

DD

DuPont and Point Blank Enterprises have entered into an exclusive partnership involving DuPont Kevlar EXO. The financial terms of the agreement have not been disclosed to the public.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 8:01 pm

TSLA

Tesla Inc (NASDAQ: TSLA) is set to report Q4 financial results after market close on Jan. 24. Analysts expect $25.547 billion in revenue and 74 cents EPS. Tesla missed Q3 estimates but beat Q4 delivery estimates. Key focuses include margins, Cybertruck, FSD updates, and U.S. EV market share. Gene Munster predicts Cybertruck deliveries at 35,000 units in 2024. Adam Jonas lowered Tesla's price target from $380 to $345, citing an unfavorable EV market. Daniel Ives praised Q4 deliveries and predicts a sub-$30k Tesla vehicle by end of 2024. Shareholders are interested in the next-gen vehicle launch, Cybertruck orders, FSD V12 timeline, and Tesla Semi production. Musk's AI initiatives and potential increased ownership in Tesla are also in focus.

Portfolio Pulse from Chris Katje

January 22, 2024 | 7:50 pm