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TRYPF

Tryp Therapeutics' (OTCQB:TRYPF) Investigational New Drug (IND) application has been approved by the FDA, allowing the company to begin Phase 2a clinical trials at Massachusetts General Hospital on the effects of psilocybin-assisted psychotherapy for adults with Irritable Bowel Syndrome (IBS). The company's lead psilocin compound TRP-8803 is currently being assessed in a Phase 2a trial for the treatment of binge eating disorder. Its synthetic oral psilocybin, TRP-8802, will be studied in a Phase 2a trial for the treatment of fibromyalgia and IBS.

Portfolio Pulse from Lara Goldstein

July 13, 2023 | 7:48 pm

GOOG

GOOGL

Alphabet, Inc's stock (NASDAQ:GOOG) (NASDAQ:GOOGL) rose over 4% on Thursday, breaking from a recent downtrend, following the launch of its chatbot, Bard, in Europe and Brazil. Bard is a top rival of Microsoft-backed ChatGPT. The stock's move higher negated its recent downtrend, and for an uptrend to confirm, the stock will have to eventually retrace lower to print a higher low.

Portfolio Pulse from Melanie Schaffer

July 13, 2023 | 7:37 pm

MSFT

NET

PANW

ZS

Needham analyst Alex Henderson reiterated Zscaler Inc (ZS) with a Strong Buy and a $210 price target, stating that Zscaler's technology and market position make it a solid investment. Microsoft Corp's (MSFT) entry into the Access Proxy market with 'New Entra' products is seen as incremental and unlikely to shift the competitive landscape. Zscaler's access network offers superior security features compared to Microsoft's Proxy. JMP Securities analyst Trevor Walsh also reiterated Zscaler with a Market Outperform and a $225 price target.

Portfolio Pulse from Anusuya Lahiri

July 13, 2023 | 7:22 pm

NFTG

Shares of The NFT Gaming Company, Inc. (NASDAQ:NFTG) fell despite the company expressing satisfaction over Google Play's new policy allowing video game publishers to sell nonfungible token (NFT) games in its store. The company's CEO, Vadim Mat, stated that this policy benefits NFTG's vision to roll out the Gaxos platform that offers NFT-enabled games.

Portfolio Pulse from Ryan Gustafson

July 13, 2023 | 7:21 pm

CCL

CUK

Holland America Line, a part of Carnival Corporation, reported its highest booking day in the brand's 150-year history on July 11. Most of the bookings were for 2024 and 2025, indicating that travelers are planning ahead. The bookings showed significant interest in locations like Alaska, Europe, and the Caribbean, as well as for its new, longer, Legendary Voyages.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 6:59 pm

BAH

Stifel analyst Bert Subin has reiterated a Buy rating on Booz Allen Hamilton Holding Corporation (BAH) and raised the price target from $110 to $125. The analyst predicts that AI-enabled contracts will be key to the company's medium-term success, estimating potential annual sales from these contracts to be $200 million - $800 million. The company is seen as the largest provider of AI services to the federal government, and the emergence of a burgeoning AI opportunity likely makes Booz's premium multiple deserved.

Portfolio Pulse from Shivani Kumaresan

July 13, 2023 | 6:53 pm

APD

Air Products (APD) will supply hydrogen and fueling technology to Edmonton International Airport for Alberta's first hydrogen fuel cell passenger vehicle fleet. A mobile hydrogen refueler from APD will be stationed at the airport for fueling starting next week.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:28 pm

RIVN

According to a tweet by Cross-Sell Report, Rivian R1S has boosted new EV sales by 249% month-over-month in California.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:13 pm

MLNK

CreditXpert has expanded its partnership with MeridianLink, Inc. to offer its new Enterprise Platform to consumer reporting agencies (CRAs). The platform, which uses predictive algorithms to provide credit improvement plans, will now be available to a majority of CRAs across the US. The first lender to use the new platform is NOVA Home Loans.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 6:05 pm

VISL

Vislink has unveiled its Aero5 5G downlink transmitter at Apscon 2023. The new technology is set to redefine air-to-ground video systems, providing unparalleled cellular connectivity for public safety, newsgathering, and live sports applications.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 5:43 pm