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MARK

Remark Holdings, Inc. (MARK) has released its AI-powered Natural Language Smart Chat Agent to handle real-time 311 service requests. The technology aims to alleviate the backlog of requests that arise due to lack of human support during busy times. The AI can process twenty service requests simultaneously, support up to 40 languages, and uses machine learning and computer vision technology to verify incident reports. The company is currently working with some of the largest cities in the world to implement this solution.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 2:10 pm

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., is set to upgrade its Google Assistant with artificial intelligence (AI), which may lead to job cuts within the team. The new AI-powered Google Assistant is expected to be more efficient and competitive, and will coexist with the old version during the transition period. The move is seen as a response to competition from rivals like Samsung's Bixby and Bing Chat.

Portfolio Pulse from Rounak Jain

August 01, 2023 | 2:09 pm

AMZN

Amazon has announced the nationwide expansion of its virtual health clinic service, Amazon Clinic. The platform connects users with healthcare providers for common conditions. The service is available in all 50 states and Washington, D.C., for video visits, while message-based chat is available in 32 states due to regulatory issues. Amazon Clinic does not accept insurance, but insurance can be used for medications prescribed through the service. The company has partnered with Curai Health, Hello Alpha, SteadyMD, and Wheel for the provision of telemedicine services.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 2:08 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares are trading higher after the company announced it was awarded an additional $16.3 million to support seven open-network hydrogen refueling stations. This follows a previously announced $41.9 million grant, bringing total grants to $58.2 million. The company also started production of its hydrogen fuel cell electric truck with an estimated range of 500 miles. Nikola will hold its annual meeting of stockholders on Thursday and is expected to report earnings for the second quarter in approximately two weeks.

Portfolio Pulse from Adam Eckert

August 01, 2023 | 2:00 pm

CSBR

Champions Oncology, Inc. (NASDAQ:CSBR) has announced a multi-year agreement with BioVolume to adopt its 3D imaging and thermal technology for capturing efficacy results in preclinical oncology studies. The technology will be incorporated into Champions Oncology's preclinical offerings, aiming to improve accuracy, reduce variability, and generate reliable insights for oncology drug development programs. BioVolume's technology provides a digital record of preclinical efficacy, offering a statistically significant reduction in variability compared to manual measurement methods.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:51 pm

JAGX

Jaguar Health (NASDAQ:JAGX) announced the activation of a physician-requested Investigational New Drug (IND) application by the FDA to evaluate crofelemer for treatment of uncontrolled diarrhea in a patient with short bowel syndrome (SBS). The trial is supported by Napo Pharmaceuticals, a Jaguar company. Crofelemer has been granted Orphan Drug Designation (ODD) by the FDA and the European Medicines Agency (EMA) for SBS and microvillus inclusion disease (MVID).

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:51 pm

ATXI

Avenue Therapeutics, Inc. (NASDAQ:ATXI) announced that its drug BAER-101 significantly suppressed seizures in a preclinical animal model of absence epilepsy. The drug demonstrated full suppression of seizure activity with a minimal effective dose. BAER-101 has previously been shown to be safe with minimal side effects in clinical studies by AstraZeneca. The company plans to initiate a Phase 2a study in 2024.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:48 pm

OSTK

Bed Bath & Beyond, which was purchased by Overstock.com, Inc. (NASDAQ:OSTK) in June, has launched its new e-commerce platform in the U.S. The launch marks a transformation for both companies, merging them into a single online shopping destination under the Bed Bath & Beyond name. The new platform will offer a wider range of products and exclusive deals. Overstock will be rebranded as Bed Bath & Beyond and will eventually sunset its original brand.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:43 pm

HSAI

NVDA

Hesai Technology is collaborating with NVIDIA to integrate its lidar sensors within the NVIDIA DRIVE and NVIDIA Omniverse ecosystems. The partnership aims to unlock new possibilities for the autonomous driving industry. Hesai's AT128, an automotive-grade, ultra-high resolution long-range lidar, is at the forefront of the industry. The collaboration expands on Hesai's participation in the NVIDIA partner ecosystem, which has been ongoing since 2019.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:41 pm

ATRO

Astronics Corporation (NASDAQ:ATRO) has received purchase orders from ten eVTOL aircraft OEMs for its electrical power distribution, conversion, and vehicle charge control capabilities. The orders, which include a program win to provide the CorePower® electrical power distribution system for the Lilium Jet, represent approximately $20 million in sales over the period to certification. Astronics expects these initial sales to result in long-term production contracts.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 1:41 pm