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QS

QuantumScape Corporation (NYSE:QS) reported its Q2 financial results, with losses of 26 cents per share, higher than the estimated loss of 20 cents. The company ended the quarter with over $900 million in liquidity and plans to continue managing its balance sheet wisely. QuantumScape also announced its first commercial product, a ~5 Ah cell, which it believes will offer unmatched energy density and power. The company's shares are trading higher with heavy trading volume.

Portfolio Pulse from Erica Kollmann

July 27, 2023 | 4:03 pm

KR

The Kroger Co. (NYSE:KR) has officially opened a new delivery spoke in Independence, Kentucky. This expansion allows customers to access Kroger's selection of fresh items, unique Our Brands products, and favorite national brands, all delivered directly to their door.

Portfolio Pulse from Charles Gross

July 27, 2023 | 4:02 pm

TSLA

Tesla Inc's V4 Superchargers are set to deliver greater charging speeds, with the ability to add 115 miles of range in just five minutes at full power. This marks a significant increase from the current limit of 250kW to an impressive 350kW. The V4 Superchargers were first displayed at the Goodwood Festival of Speed in the U.K., and the first operational V4 Supercharger was inaugurated in Harderwijk, Netherlands earlier this year.

Portfolio Pulse from Benzinga EV Insights

July 27, 2023 | 3:52 pm

MRSN

Mersana Therapeutics Inc's stock is plunging after the company announced that the UPLIFT clinical trial of upifitamab rilsodotin (UpRi) did not meet its primary endpoint. The company will now focus on next-generation ADC platforms and plans to complete the dose escalation portion of the Phase 1 clinical trial of XMT-1660 in 2023. Mersana's restructuring plan includes a wind-down of UpRi-related development activities. If data analyses enable the identification of a path forward for UpRi, the company will consider strategic alternatives for the asset, including partnering.

Portfolio Pulse from Vandana Singh

July 27, 2023 | 3:23 pm

AMZN

Amazon is testing new search capabilities for e-commerce using generative AI, which will be available in the coming weeks, according to a leader at AWS.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 3:20 pm

LCID

Lucid Motors has announced that its LucidAir Sapphire release candidate cars are on the production line in Casa Grande, AZ. The company claims that the world's first luxury electric super-sports sedan will be available soon.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 3:06 pm

HPCO

Hempacco Co, Inc. (NASDAQ:HPCO) has signed a master distribution agreement with Reliable Distributor of New York. The deal will see Hempacco's products, including those associated with celebrities like Snoop Dogg and Rick Ross, marketed and distributed in 5000 smoke shops across New York.

Portfolio Pulse from Vuk Zdinjak

July 27, 2023 | 3:06 pm

SNE

Rumors suggest that a new PlayStation 5 model, the CFI-1300 series, will run cooler than current models and won't require liquid metal cooling. The new model will reportedly feature a 5nm APU, which should produce less heat than the 7nm of the launch models, and the 6nm of the CFI-1202 series. The new console is expected to be compatible with a detachable disc drive and is rumored to be released later this year at the price of the Digital Edition.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 2:41 pm

CGC

Canopy Growth Corporation has announced that cannabis gummies from Wana Brands are now available through its medical cannabis division, Spectrum Therapeutics. This follows an announcement in May that Canopy Growth has control of all distribution, marketing, and sales of Wana branded edible cannabis products in Canada. The company expects this addition to benefit its Canadian business and help grow Wana's market share in both the medical and adult-use markets.

Portfolio Pulse from Vuk Zdinjak

July 27, 2023 | 2:28 pm

FEMY

Femasys announced that the United States Patent and Trademark Office issued a Notice of Allowance for FemBloc, a permanent birth control solution. This news has led to an increase in Femasys' stock price.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 2:27 pm