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CHGG

Chegg has partnered with Scale AI to enhance the learning experience for students. The partnership will combine the best of generative AI with Chegg's proprietary high-quality content to create a personalized learning assistant.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 1:06 pm

VTGN

VistaGen Therapeutics announced that its Phase 3 PALISADE-2 trial evaluating the efficacy, safety, and tolerability of fasedienol has met the primary and secondary endpoints. This positive news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 1:05 pm

PYPL

PayPal has launched a U.S. dollar stablecoin, PayPal USD (PYUSD), which is fully backed by U.S. dollar deposits, short-term U.S. treasuries, and similar cash equivalents. PYUSD can be redeemed 1:1 for U.S. dollars.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 1:03 pm

GOOG

GOOGL

Gene Munster, a renowned analyst, has stated that Alphabet Inc. is in a strong position due to its new generative search experience. This new feature is expected to change how consumers use search engines, with Google becoming a platform for asking questions, gaining insights, and performing tasks.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:53 pm

EVOK

Evoke Pharma (NASDAQ:EVOK) and EVERSANA have announced that their abstract on the use of GIMOTI (nasal metoclopramide) in reducing healthcare visits for diabetic gastroparesis patients will be presented at the American Neurogastroenterology and Motility Society (ANMS) Annual Meeting. The study involved 294 patients and found that GIMOTI reduced the need for doctor's office, emergency department, inpatient, and outpatient visits. The announcement coincides with Gastroparesis Awareness Month.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:53 pm

AAPL

Gene Munster, a well-known technology sector analyst, has expressed a positive outlook on Apple Inc. (AAPL), stating that the company's product-service flywheel is in full swing. This suggests that Apple's strategy of creating a strong ecosystem of products and services is working effectively.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:52 pm

ABVC

ABVC BioPharma, Inc. (NASDAQ:ABVC) has published a corporate update and letter to shareholders from its CEO, Dr. Uttam Patil. The company has made significant progress in its clinical trials, including the development of a controlled-release tablet formulation for PDC-1421, a primary active ingredient in its neurological programs. The company has also completed feasibility studies for Vitargus®, a vitreous substitute for retinal detachment surgery, and has received approval to initiate the next phase of the trial in Australia. ABVC has also signed a licensing deal with Xinnovation Therapeutics Co., Ltd for the exclusive rights to develop, manufacture, market, and distribute its drugs for Major Depressive Disorder (MDD) and Attention-Deficit/Hyperactivity Disorder in mainland China. The deal could potentially bring in an aggregate income of $20 million for ABVC.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:52 pm

AAN

The Aaron's Company, Inc. (NYSE: AAN) has announced the opening of its newest GenNext store in Grandview, Missouri, marking an expansion into the greater Kansas City market. The GenNext initiative is transforming the in-store customer experience with larger showrooms, updated signage, expanded product assortment, and enhanced technology-enabled shopping and checkout. So far this year, Aaron's has converted or opened 23 GenNext stores, bringing the total to 234 company-operated GenNext stores since launching the initiative in 2018.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:49 pm

ANIX

MRK

Anixa Biosciences has announced that its partner, Cleveland Clinic, has begun enrolling subjects in a treatment arm evaluating the combination of Anixa's breast cancer vaccine with Keytruda, a therapy marketed by Merck. This is an expansion of the ongoing Phase 1 dose escalation trial of Anixa's breast cancer vaccine. The aim is to determine if the vaccine/Keytruda combination increases immune response.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:48 pm

PPSI

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has announced a multi-million dollar order to provide an E-Bloc system and other related custom control and protection equipment to Rove, a full-service charging center operator in Southern California. The E-Bloc will support Rove's development of its first full-service EV charging centers, which will include 40 ultra-fast chargers capable of reaching speeds up to 350 kW. Rove plans to utilize renewable energy, integrating onsite solar panels and battery storage, supported by E-Bloc, to supplement the use of electricity from the grid during peak times.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:47 pm