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HYMTF

Kia, a subsidiary of Hyundai Motor Company, is investing over $200 million to expand its assembly plant in Georgia, USA. The expansion, which will create nearly 200 additional jobs, is aimed at assembling the all-electic 2024 EV9 three-row SUV. This will be Kia's first EV to be assembled in North America. Hyundai's shares closed higher by 0.28% at $42.61 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

July 13, 2023 | 1:59 pm

AMZN

Amazon's Prime Day 2023 was the largest sales day in the company's history, with Prime members purchasing over 375 million items worldwide and saving more than $2.5 billion. The event was also the biggest ever for independent sellers in Amazon's store. The company offered more deals than any past Prime Day event, with top-selling deals including Fire TV Stick, LANEIGE Lip Glowy Balm, Apple AirPods, and Bissell Little Green Portable Deep Cleaner. Prime members also shopped deals beyond the Amazon store using Buy with Prime, a new feature that offers benefits when shopping directly from participating brands' websites.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:50 pm

F

GM

LCID

PSNY

RIVN

TSLA

Nearly 100 U.S. lawmakers have urged the Environmental Protection Agency (EPA) to finalize tougher vehicle emissions rules that would boost electric vehicle sales through 2032. This could potentially benefit electric vehicle manufacturers.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:43 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP), a developer of autonomous security robots and blue light emergency communication systems, has received an order for 15 of its K1 Blue Light Emergency Towers from a California public community college. The college is transitioning from traditional emergency call boxes to more cost-effective systems using cellular and satellite communications with the option of solar power.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:41 pm

BTCUSD

ETHUSD

MATICUSD

Polygon (CRYPTO: MATIC) has proposed an upgrade of its native asset, MATIC, to POL. The new token, POL, is designed to become the primary tool for the growth of the Polygon ecosystem. The upgrade from MATIC to POL requires sending MATIC to the upgrade smart contract, which will automatically return the equivalent amount of POL. Token holders will be given ample time, possibly four years or more, to upgrade.

Portfolio Pulse from Murtuza Merchant

July 13, 2023 | 1:40 pm

FWBI

First Wave BioPharma Inc's shares are trading lower after the company received topline results from its Phase 2 SPAN trial for the treatment of exocrine pancreatic insufficiency in cystic fibrosis patients. The preliminary data indicates that the primary efficacy endpoint was likely not achieved. The company plans to pursue an End-of-Phase 2 meeting with the FDA in the fourth quarter of 2023.

Portfolio Pulse from Vandana Singh

July 13, 2023 | 1:36 pm

CODX

Co-Diagnostics, Inc. (NASDAQ:CODX) has been awarded $1.2 million in funding from the National Institutes of Health (NIH) as part of the Rapid Acceleration of Diagnostics (RADx®) Tech program. The funds will be used to complete the development of its flu A/B, COVID-19, and RSV multiplex test on the Co-Dx PCR Home™ testing platform, which is currently undergoing clinical evaluations in anticipation of its submission to the FDA.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:30 pm

IXHL

Incannex Healthcare Limited (NASDAQ:IXHL) has received approval from Bellberry Human Research Ethics Committee for its phase 2 clinical trial of IHL-675A, a CBD-based drug for rheumatoid arthritis. The trial will assess the efficacy, safety, and tolerability of IHL-675A compared to CBD and hydroxychloroquine sulphate, and placebo. The study will be managed by Avance Clinical and will include 128 participants across 8-10 sites in Australia and New Zealand.

Portfolio Pulse from Vuk Zdinjak

July 13, 2023 | 1:30 pm

AMTD

HKD

AMTD IDEA Group (NYSE:AMTD) and AMTD Digital Inc. (NYSE:HKD), subsidiaries of AMTD Group Inc., in partnership with L'Officiel Inc. SAS, are launching 'LA REVUE DES MONTRES' in Asia. This marks a significant milestone for AMTD Group in the global media coverage of the luxury watch industry. The magazine will deliver content through digital and social media platforms and distribute print editions across Asia. The launch is part of AMTD's strategy to expand its footprint in the watch industry and strengthen its presence in Asia.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:28 pm

WBA

Walgreens and Freenome have announced a multi-year relationship to advance clinical studies of Freenome's blood-based tests for early detection of cancer. The partnership will initially recruit patients across diverse populations for Freenome's Sanderson Study.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 1:27 pm