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WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) has developed a big data real-time computing engine component federated computing system. This system is designed to efficiently utilize data and enhance data performance. It includes modules for data acquisition and cleaning, real-time computing, algorithm database, data visualization, and high availability architecture. The system can provide more accurate and comprehensive data support for decision-makers in various fields, including finance and healthcare.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 12:11 pm

SOFI

Galileo's AI-driven intelligent digital assistant, Cyberbank Konecta, is enhancing the member experience of SoFi. The assistant is designed to provide personalized financial advice and improve customer engagement.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:10 pm

G

Genpact has integrated generative AI into its Enterprise 360 Intelligence Platform. This move is expected to enhance the platform's capabilities and provide more efficient solutions to its clients.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:07 pm

TXT

Textron Aviation has secured certification from the National Civil Aviation Authority for its Cessna SkyCourier, enabling sales in Brazil.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:07 pm

BURU

NUBURU has announced a contract with NASA to demonstrate the feasibility of power beaming in space using the company's blue laser technology. The financial details of the contract have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:05 pm

LSTA

Lisata Therapeutics has announced that the U.S. FDA has granted Orphan Drug Designation to LSTA1 for the treatment of malignant glioma. This designation provides certain benefits, including tax credits for clinical trials and market exclusivity upon regulatory approval.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 12:01 pm

DRUG

Shares of Bright Minds Biosciences Inc. surged 110% after the company announced positive data for its drug BMB-101.

Portfolio Pulse from Charles Gross

August 08, 2023 | 11:50 am

LCID

Lucid Motors CEO Peter Rawlinson discussed the company's pricing strategy during the second-quarter earnings call. He highlighted the importance of getting more vehicles on the roads to build customer confidence. Lucid recently lowered vehicle prices and received positive feedback. The company plans to make 10,000 vehicles in 2023 and expects deliveries to increase in the second half of the year. Last week, Lucid cut the prices of its Air sedans by as much as $12,400.

Portfolio Pulse from Anan Ashraf

August 08, 2023 | 11:40 am

PTN

Palatin Technologies announced that its Vyleesi licensee, Fosun Pharma, has reported its first commercial sale in China. Additionally, Palatin's South Korean licensee, Kwangdong Pharmaceuticals, has completed enrollment in its Phase 3 clinical trial for Vyleesi. The data from this trial is expected by the end of the year, with a potential regulatory submission in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 11:34 am

META

Meta Platforms Inc.'s CEO, Mark Zuckerberg, has become more active on the company's social media app, Threads, following a decline in user engagement. Zuckerberg recently shared his most commonly used emojis on the platform. This comes after criticism that Zuckerberg was not active on Threads. Additionally, Zuckerberg announced the addition of a search function and web access on Threads.

Portfolio Pulse from Ananya Gairola

August 08, 2023 | 11:27 am