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SONY

Leaked footage of Sony's PlayStation handheld, Project Q, has been shared online, revealing a unique design. The device, which runs on an Android-based operating system, is expected to have a more PlayStation-themed interface by its release. Sony has confirmed that Project Q will be released later this year, with a potential launch date in November 2023. The handheld is designed for streaming games from a PS5 to a handheld screen. Microsoft has claimed that Sony is also planning to release a PlayStation 5 Slim later this year.

Portfolio Pulse from Franca Quarneti

July 24, 2023 | 10:38 pm

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A new blockchain-based platform, Hamsters.gg, allows users to bet on live-streamed hamster races using cryptocurrencies. Users can bet with Binance USD (CRYPTO: BUSD) and deposit tokens from either the BNB Chain or Ethereum (CRYPTO: ETH). The platform takes 5% of all bets placed, with 4% distributed to HAMS token holders. The popularity of this platform has caused the valuation of HAMS to surge recently. However, it's worth noting that new tokens can drop in value and crypto trends can fade.

Portfolio Pulse from Chris Katje

July 24, 2023 | 10:08 pm

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Cybin (NYSE:CYBN) has completed dosing on five of six participant cohorts in its ongoing Phase 2 trial for the treatment of Major Depressive Disorder (MDD). Bright Minds Biosciences (NASDAQ:DRUG) has completed its three-part Phase 1 clinical trial of BMB-101, a novel treatment for refractory epilepsies, psychosis, addiction and impulse control disorders. PharmAla Biotech Holdings (OTC:PMBHF) has received written guidance from the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) to proceed to clinical trials with MDMA analog ALA-002.

Portfolio Pulse from Lara Goldstein

July 24, 2023 | 9:44 pm

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Minneapolis Mayor Jacob Frey has signed an executive order deprioritizing criminal prosecution for possession, use, purchase, cultivation and engaging in practices with “entheogenic plants or plant compounds. German company Acid Berlin is selling a reportedly legal LSD prodrug and shipping it through DHL Group to clients based in Berlin. Reunion Neuroscience is on the brink of going private with final court approval. Filament Health gets ready to uplist to NASDAQ in a $210M SPAC deal. Sales of Johnson & Johnson esketamine drug Spravato rose nearly 100% year-over-year. PharmaTher's DMT patch showed positive outcomes, investment toward the clinical stage. Enveric Biosciences unveiled positive results from animal studies of its psilocin prodrug for anxiety. Core One Labs entered a LOI for the first sale of its psychedelic biosynthetic compounds. AdvisorShares Psychedelics ETF opened Monday, July 24, at $1.94, dropping from prior Friday’s closing at $1.99.

Portfolio Pulse from Lara Goldstein

July 24, 2023 | 9:14 pm

IPAR

Inter Parfums has increased its 2023 sales guidance to $1.3 billion, up from the previous estimate of $1.25 billion. The company attributes this to a healthy fragrance market and strong consumer demand. The new guidance does not include sales from recently acquired fragrance licenses, Roberto Cavalli and Lacoste. The company will revise its guidance for net income per diluted share when it releases its full second quarter results on August 8, 2023.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 8:30 pm

ACHC

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has formed a joint venture with Nebraska Methodist Health System to build a 96-bed behavioral health hospital in Council Bluffs, Iowa. This partnership will expand Acadia's acute service line into a new state and is the 20th joint venture for Acadia. The new hospital will offer a full range of inpatient and outpatient behavioral healthcare services.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 8:17 pm

XPON

Expion360, a provider of advanced battery solutions, has announced that its full lineup of batteries and select accessories are now available for order via the Meyer Dealer Portal. The company did not disclose any financial details related to this announcement.

Portfolio Pulse from Bill Haddad

July 24, 2023 | 8:04 pm

PIRS

Pieris Pharmaceuticals has received a notice of allowance for its U.S. patent application 16/812,069 titled 'Muteins of Human Lipocalin 2 with Affinity for a Given Target (For the Diagnosis and Treatment of Tumor Diseases)'.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 7:59 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares hit new 52-week highs last week before pulling back. The stock is still up more than 100% over the last three months, driven by the company's AI exposure and strong demand for its new AI platform. The company also announced a partnership with SpectorOps to provide the government sector with SpectorOps' BloodHound Enterprise solution. Palantir is set to report second-quarter earnings on Aug. 7, with expected earnings of five cents per share and revenue of $530.63 million.

Portfolio Pulse from Ryan Gustafson

July 24, 2023 | 7:33 pm

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Superplastic, a character design studio, has announced its entry into the music industry in partnership with Universal Music Group's Virgin Records and United Music Group. The company introduced the 3D animated hip-hop duo Ghost Kidz at Rolling Loud Miami 2023. Earlier this year, Superplastic announced a collaboration with Amazon.com, Inc., which includes investment opportunities, a streaming show in development, and a first-look deal with Amazon Studios.

Portfolio Pulse from Franca Quarneti

July 24, 2023 | 7:09 pm