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UBER

Uber Technologies (NYSE:UBER) is collaborating with Tesla Inc (NASDAQ:TSLA) to promote the use of electric vehicles (EVs) among its drivers, aiming for a zero-emission fleet by 2030 in the U.S. and Canada. Uber is sharing route data with Tesla to improve charging infrastructure and offering incentives for drivers to purchase Tesla's Model 3 and Y. Meanwhile, Hertz Global Holdings Inc (NASDAQ:HTZ) plans to sell 20,000 EVs, mainly Teslas, from its fleet due to high repair costs and lower resale values.

Portfolio Pulse from Anan Ashraf

January 17, 2024 | 12:37 pm

VERO

Venus Concept has introduced Venus Prime, a new in-house financing program for North American customers, offering competitive rates and payment flexibility for purchasing aesthetic medical devices. The program also includes a technology upgrade option in the second and third years of ownership. It targets customers with good credit and business practices who may not qualify for traditional third-party financing due to current stringent lending conditions.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:33 pm

RVSN

A prominent US-based rail and leasing services company has placed an order for Rail Vision's switch yard systems, with the contract valued at up to $5 million. This order could signify a significant business development for Rail Vision (RVSN), potentially impacting its financial performance and market position.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:19 pm

BLUE

CRSP

VRTX

The FDA approved CRISPR Therapeutics AG's and Vertex Pharmaceutical Incorporated's Casgevy for transfusion-dependent beta-thalassemia in patients 12 years and older, ahead of its PDUFA date. Vertex is setting up treatment centers across the U.S. for Casgevy, which is also approved for sickle cell disease. Analysts predict a 'slow and steady launch' with peak sales of about $400 million. Bluebird Bio Inc's Lyfgenia was also approved for sickle cell disease. Vertex's stock closed at $437.49, and CRISPR's at $63.43.

Portfolio Pulse from Vandana Singh

January 17, 2024 | 12:15 pm

MIMO

Airspan Networks has announced a partnership with GCT Semiconductor to develop a radio frequency (RF) module. This collaboration aims to leverage GCT's expertise in RF and baseband chipset solutions with Airspan's experience in network architecture and software. The module is expected to enhance Airspan's product offerings, particularly in the 5G space, where it can be utilized in various applications such as fixed wireless access and mobile hotspots. The partnership is strategic for Airspan as it continues to expand its 5G infrastructure and solutions.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:13 pm

PERI

Perion Network Ltd. has integrated Amazon Publisher Services (APS) through its Vidazoo platform, aiming to expand the reach of high-quality advertising demand to more publishers. This integration is expected to enhance the monetization capabilities for publishers by connecting them with Amazon's demand-side platform.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:12 pm

CBUS

Cibus is advancing the commercialization of its HT1 and HT3 rice traits, which have shown tolerance to commercial herbicide rates in field trials. The company is preparing for a product launch by beginning field scale demonstrations in the US Mid-South. Additionally, Cibus's canola Pod Shatter Reduction (PSR) trait has demonstrated significant pod shatter reduction, meeting the Cibus Powered PSR standard. Multiple canola/WOSR seed developers are incorporating the PSR trait into their product lines, anticipating first sales.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:11 pm

INGR

Ingredion Incorporated has partnered with the start-up company Better Juice to provide sugar reduction solutions. This collaboration aims to support the food and beverage industry in reducing sugar content while maintaining product quality.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:08 pm

ETHUSD

SOL

A trader capitalized on Elon Musk's Twitter bio change to 'Chief Troll Officer' by purchasing TROLL tokens, which surged in value, turning $300 into $1.03 million in ten days. The event highlights how traders respond to Musk's social media activities, with similar occurrences in the past involving tokens like GROK and WIF.

Portfolio Pulse from Mehab Qureshi

January 17, 2024 | 12:07 pm

JOBY

Joby Aviation, a company specializing in electric aviation technology, has partnered with Atlantic Aviation to electrify infrastructure at select locations in New York and Southern California. This collaboration aims to support the future of electric aviation by preparing key sites for the integration of electric vertical take-off and landing (eVTOL) aircraft. The initiative is part of a broader movement towards sustainable aviation and could position Joby as a leader in the emerging eVTOL market.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 12:06 pm