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ATVI

MSFT

Hackers have been exploiting a bug in Call of Duty: Modern Warfare 2 to infect players with a self-spreading malware. The bug was reported to the game's publisher, Activision (ATVI), five years ago but was never fixed. The game was recently taken offline on the gaming platform Steam, owned by Microsoft (MSFT), for investigation. The purpose of the malware, dubbed 'CoDworm' by some antivirus engines, remains unknown.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 3:32 pm

ATNF

180 Life Sciences Corp. (NASDAQ:ATNF) has filed a provisional patent for a novel combination of CBD and GLP-1 agonists aimed at addressing obesity and weight management. The company hypothesizes that CBD and GLP-1 might stimulate a common therapeutic pathway, potentially offering a less expensive alternative with fewer side effects for weight reduction. The company is currently in negotiations for a research collaboration to test this theory.

Portfolio Pulse from Vuk Zdinjak

July 31, 2023 | 3:15 pm

EWY

IZEA

IZEA Worldwide, Inc. (NASDAQ:IZEA) has announced its expansion into the South Korean market, following a successful launch in China in 2022. The company, a leading provider of influencer marketing technology, data, and services, will be led in South Korea by Senior Client Partner Seunghun (Edward) Choi. IZEA expects to leverage brand and agency relationships in Korea to drive growth through expanded partnerships.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 3:04 pm

MAT

TGT

Mattel Inc's brand Fisher-Price has launched its first-ever Sensory Bright line of toys, designed to offer visual, auditory, tactile, and olfactory experiences for children aged three and older. The new toy line will be exclusively available at Target Corp. The launch has led to a 2.94% increase in Mattel's share price.

Portfolio Pulse from Shivani Kumaresan

July 31, 2023 | 2:53 pm

JBHT

NKLA

Nikola Corporation (NASDAQ:NKLA) has announced an agreement with J.B. Hunt Transport, Inc. (NASDAQ:JBHT) for the purchase of 13 Nikola zero-emission Class 8 EV trucks. The order includes 10 battery-electric and three hydrogen fuel cell vehicles, with the first deliveries expected in August. Following the announcement, NKLA shares rose by over 20% on heavy trading volume. Nikola will release its Q2 financial results on Friday.

Portfolio Pulse from Erica Kollmann

July 31, 2023 | 2:48 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher after the company announced its highest weekly admissions revenue in company history. This was driven by the releases of 'Barbie' and 'Oppenheimer'. The company also saw strong demand for 'Haunted Mansion', 'Mission: Impossible - Dead Reckoning Part One' and 'Sound Of Freedom'. AMC is set to report second-quarter financial results on Aug 8, with an expected loss of 5 cents per share on revenue of $1.268 billion.

Portfolio Pulse from Adam Eckert

July 31, 2023 | 2:41 pm

BAX

Baxter International has issued an Urgent Medical Device Correction for its Spectrum V8 and Spectrum IQ pumps with specific software versions, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:40 pm

BTGOF

DIS

GOOG

HEINY

HNHPF

JBHT

NVO

PCRFY

WMT

YELL

Several significant business events have occurred. Alphabet Inc's Google has had an investigation into alleged abuse of dominance closed by the Italian Competition Authority. Toyota Motor Corp is strengthening its local development of intelligence and electrification technology in China. J.B. Hunt Transport Services is buying 13 zero-emission trucks from Nikola Corp. BT Group PLC has appointed Allison Kirkby as CEO. Walt Disney Co has appointed former executives Kevin Mayer and Tom Staggs as advisors to CEO Bob Iger. Foxconn is expanding in India with a $195M investment. Novo Nordisk A/S's weight-loss drug Wegovy has hit the German market. Walmart Inc has bought out Tiger Global's stake in Flipkart for $1.4B. Yellow Corporation has ceased operations. Panasonic Holdings Corp and Heineken NV have released their earnings reports.

Portfolio Pulse from Vandana Singh

July 31, 2023 | 2:14 pm

NTDOY

Nintendo's next-generation Switch console is expected to debut in the second half of 2024. Development kits have been passed to third-party developers. The new console will reportedly feature an LCD screen to cut costs and will continue to read physical media via cartridge. However, there are questions about backwards compatibility. Nintendo's hardware sales are slowing, but software sales remain profitable. The company recently announced new games extending the current hardware generation into the first half of next year.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:12 pm

Zefr has expanded its AI-powered brand suitability verification solution for Instagram Feed, providing marketers with more transparency into their Meta campaigns. The solution measures GARM brand safety and suitability across Instagram and Facebook Feed placements. The verification solution will now be available in more global territories, supporting advertisers in English, Spanish, French, Arabic, Chinese and Portuguese speaking countries. Advertisers will have full access to their Instagram Feed measurement via their Atrium dashboard, which provides full transparency across platforms including Meta, TikTok and YouTube.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:05 pm