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POWW

AMMO, Inc.'s new CEO, Jared Smith, has issued a letter to shareholders outlining the company's future plans. These include a commitment to greater transparency and alignment of management compensation with profitability, expansion of GunBroker.com's reach and services, and enhancing margins and brand strength for the AMMO division. The company also plans to strengthen its balance sheet through divestitures, strategic acquisitions, and stock buybacks.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:36 pm

SYPR

Sypris Technologies, a subsidiary of Sypris Solutions (SYPR), has received an order to supply 72-inch Insulated Joints for the expansion of the Atoka Water Pipeline for the Oklahoma City Water Utilities Trust. The project, which is the largest municipal water infrastructure project in Oklahoma's history, is expected to cost $800 million and move more than 100 million gallons of water per day. Shipments under this order are expected to start in 2023 and finish in 2024.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:35 pm

NLS

Nautilus, Inc. (NYSE:NLS) is relaunching the BowFlex brand with a new visual system and brand philosophy. The new brand identity is designed to reflect the joy of movement and is intended to inform the design and function of new products to be released later in the year. The rebranding is part of Nautilus's commitment to meeting customers' evolving fitness needs and preferences.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:33 pm

BCAN

BYND Cannasoft Enterprises Inc. has filed a patent application for its AI-based EZ-G device, an adult toy with sensors for controllable operation and liquid administering mechanism. The device uses AI to transmit and receive data from sensors, capturing information about the user's sexual organs. The data is securely uploaded to the cloud, where it is combined with preferences from other users to optimize the device's performance. The sextech market is projected to reach $62.32 billion by 2030.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:33 pm

GMED

Globus Medical has announced the launch of the MARVEL Growing Rod System, its first product specifically designed for early onset scoliosis. This is a significant development for the company as it expands its product portfolio.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:31 pm

IPX

IperionX Limited (NASDAQ:IPX) has secured all necessary permits to build and operate the Titanium Demonstration Facility (TDF) in Virginia, USA. The facility, which is expected to be the world's largest 100% recycled titanium powder plant, is set to commence construction in Q3 2023, with first titanium metal production targeted for Q1 2024. The project will be funded by an investment of up to $4m by the Halifax County Development Authority.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:31 pm

AAPL

Apple Inc.'s crash detection feature in iPhones has saved another life. An Oregon woman involved in a car crash was rescued by emergency services after her iPhone 14 detected the crash and sent an alert. This is not the first time the feature has saved a life, with a similar incident occurring earlier this month in California.

Portfolio Pulse from Rounak Jain

July 31, 2023 | 12:25 pm

ORCL

Oracle has introduced a new Cloud Native Secure Cloud Computing Architecture (SCCA) Landing Zone solution for the U.S. Department of Defense. This solution aims to reduce barriers to cloud adoption and enables mission owners to rapidly build compliant architectures.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:16 pm

MAT

Fisher-Price, a subsidiary of Mattel Inc. (NASDAQ:MAT), has launched its first-ever Sensory Bright line of toys, designed to promote inclusive, open-ended play for children aged 3 and older. The new line, which includes four products, is available exclusively at Target. The toys were developed in collaboration with parents, children, and experts at the Fisher-Price Play Lab.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 12:11 pm

BIGC

GOOG

GOOGL

BigCommerce is set to launch new ecommerce features powered by Google Cloud AI. These tools will enhance the platform's capabilities, enabling enterprise merchants globally to work more efficiently, improve sales, boost conversions, and enhance customer experiences.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 12:10 pm