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SGHT

Sight Sciences Inc (NASDAQ:SGHT) has released six-month trial data showing that its TearCare Technology, used in interventional eyelid procedures for dry eye disease, has surpassed Restasis in effectiveness. The trial met its primary endpoint, with statistically significant improvements compared to Restasis eye drops. The next phase of the study will see subjects in the Restasis cohort switch to TearCare, with final results expected by 2025. SGHT shares are up 0.91% at $7.78.

Portfolio Pulse from Vandana Singh

July 20, 2023 | 4:19 pm

GILD

The Center for Disease Analysis Foundation (CDA Foundation) has received an $8 million grant from Gilead Sciences (NASDAQ:GILD) as part of Gilead's Relink grant program. The grant will be used to reconnect diagnosed but untreated patients with hepatitis B and C to care. Despite available treatments, many patients in the U.S. are unaware of their infection, do not seek follow-up care, or delay treatment. The Relink program aims to bridge these gaps.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 4:01 pm

BK

BNY Mellon (NYSE:BK) has announced its live participation in the Federal Reserve's new instant payment rail, the FedNow Service. This makes BNY Mellon one of the first banks to send and receive payments from participating institutions and support payment activity through settlement or liquidity services. The bank's early adoption of the service is expected to expand options for corporations, non-banking financial institutions, and fintechs to move funds instantly.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 3:52 pm

ATVI

Activision Blizzard has laid off around 50 staff from its esports division, despite record sales of Diablo 4 which helped boost its net bookings to $2.46bn. The layoffs were unexpected and have led to speculation that the esports division may be closed. Despite the success of Diablo 4, Blizzard is beginning to release some of its games on Steam, including Overwatch 2 in August.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 3:48 pm

LIFD

Lifted Made, a subsidiary of LFTD Partners Inc. (OTCQB:LIFD), has partnered with DreamFields Brands Inc. (Jeeter) to exclusively manufacture, sell, and distribute Jeeter-branded hemp-derived products in the U.S. The costs and revenue will be shared equally, with 40% going to Lifted Made and 60% to Jeeter. This partnership marks Jeeter's expansion into the CBD space.

Portfolio Pulse from Vuk Zdinjak

July 20, 2023 | 3:05 pm

XOM

Exxon Mobil Corp (NYSE:XOM) is reportedly planning to enter the lithium market, with plans to build one of the world's largest lithium processing facilities in Arkansas. The company has already purchased 120,000 acres in southern Arkansas for over $100 million, which could contain enough lithium to power around 50 million electric vehicles. Exxon Mobil believes it has the expertise to become a low-cost lithium supplier and has held talks with battery manufacturers and EV companies.

Portfolio Pulse from Adam Eckert

July 20, 2023 | 2:53 pm

CNDT

Conduent Incorporated (NASDAQ:CNDT) has announced its expansion into digital payment solutions by offering the U.S. Federal Reserve's FedNow Service for instant payments. The service, which is the Federal Reserve's first new payment platform in nearly 50 years, allows for instant, safe, and secure transactions with financial institutions and their customers in the U.S. Conduent is the only Business Process Solutions provider to participate in the FedNow Service launch and the first to offer access to the service to its clients.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 2:42 pm

EWY

NOTE

FiscalNote Holdings, Inc. (NYSE:NOTE) has announced a partnership with the Republic of Korea's Ministry of Foreign Affairs. This is the first-ever collaboration between the Ministry and a commercial provider of policy, regulatory, and legal intelligence. The partnership will leverage FiscalNote's AI capabilities and proprietary data sets to assist the Ministry in responding to rapidly changing international dynamics and domestic policymaking needs. This follows a similar agreement FiscalNote entered into with Korea's National Assembly in December 2022.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 2:18 pm

CGC

STORZ & BICKEL GmbH, a subsidiary of Canopy Growth Corporation (NASDAQ:CGC) (TSX:WEED), has announced that its VOLCANO MEDIC 2 and MIGHTY+ MEDIC vaporizers have been certified under the new EU Medical Device Regulations (MDR). The certification process was conducted by TÜV SÜD. The company plans to introduce the certified products to the market in August.

Portfolio Pulse from Vuk Zdinjak

July 20, 2023 | 2:12 pm

AMZN

BX

DB

PFE

TSLA

TSM

Tesla recalls over 17,000 EVs due to camera and seat belt issues. Taiwan Semiconductor's stock falls after Q2 earnings report. Deutsche Bank is fined $186M by the Federal Reserve for money laundering control failures. Blackstone posts a 43% drop in Q2 revenues. Philip Morris, Johnson & Johnson, Abbott Laboratories, Kenvue Inc, and American Airlines report Q2 earnings. Pfizer's GBS6 vaccine candidate shows promising protection for infants. Frontier Communications offers $1B fiber-backed bond. Juul seeks FDA approval for its next-generation vaporizer. Elliott Investment Management acquires a significant stake in Catalent. Pfizer's North Carolina plant is damaged by a tornado. UPS plans to offer a better deal to avoid a strike. Amazon plans to introduce palm-payment technology in all Whole Foods stores by year end.

Portfolio Pulse from Vandana Singh

July 20, 2023 | 2:09 pm