Streetbeat News

Products Services

RDW

Redwire Corporation (NYSE:RDW) plans to open a new microgravity payload development facility and mission operations center at the Novaparke Innovation & Technology Campus in Floyd County, Indiana. The facility will support increased demand from commercial companies and academic researchers focused on improving pharmaceutical drug development, optimizing disease treatments, and enabling technologies essential for sustainable human spaceflight in low-Earth orbit (LEO) and beyond. Construction is expected to begin in the fourth quarter of this year.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 2:02 pm

LLY

Eli Lilly and Company has announced a webcast to provide an update on Alzheimer's disease at the Alzheimer's Association International Conference (AAIC).

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:02 pm

EBAY

eBay Inc. has completed its acquisition of Certilogo, an AI-powered apparel and fashion goods digital IDs and authentication provider. The acquisition will allow eBay to offer brands secure, connected product solutions and protect customers from counterfeits. eBay also announced the launch of a new trading card submission service for the eBay vault.

Portfolio Pulse from Nabaparna Bhattacharya

July 11, 2023 | 2:00 pm

MGNX

MACROGENICS, INC. has been granted U.S. Patent #11697684 for tri-specific binding molecules that specifically bind to multiple cancer antigens. The patent was filed on 2/28/2020 and granted on 7/11/2023.

Portfolio Pulse from Charles Gross

July 11, 2023 | 1:52 pm

CURLF

Michigan cannabis producer Golden Shores Cannabis has voluntarily recalled its THC edibles product 'The Weed Bar' due to exceeding permitted THC levels and lacking child-resistant packaging. The recall follows a competitor's steep fine and loss of its medical marijuana processing license for violating over thirty rules. Meanwhile, Curaleaf Holdings and Tempo Crackers are among companies launching new edibles products, despite concerns over increased pediatric exposures to cannabis and abuse of vapes and edibles.

Portfolio Pulse from Jelena Martinovic

July 11, 2023 | 1:52 pm

KSCP

Georgia State University has chosen Knightscope's reseller TS&L to supply and install K1 Blue Light Towers and Call Boxes at its Downtown Atlanta Campus. The terms of the deal were not disclosed. TS&L has also replenished its Blue Light E-Phone inventory with a 24 unit order. Knightscope's annual shareholder meeting is scheduled for 20 July 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:46 pm

BTTX

Better Therapeutics Inc's (NASDAQ:BTTX) shares are trading higher after the FDA approved AspyreRx, a prescription-only digital treatment for type 2 diabetes. The product is expected to launch in Q4 2023. The approval was based on a trial involving 668 participants, which showed significant decreases in HbA1c levels. The company's shares are up 45.60% at $1.31.

Portfolio Pulse from Vandana Singh

July 11, 2023 | 1:40 pm

CING

Cingulate Inc (NASDAQ:CING) shares are trading higher following the announcement of positive topline results from its Phase 3 adult trial of lead candidate, CTx-1301, for attention-deficit/hyperactivity disorder (ADHD). The data showed a significant trend in improving ADHD symptoms. The company plans to initiate its pivotal Phase 3 fixed-dose pediatric and adolescent study this month and a dose-optimization onset and duration trial in pediatric patients in August 2023. Assuming positive results, Cingulate plans to submit a New Drug Application for CTx-1301 in mid-2024.

Portfolio Pulse from Vandana Singh

July 11, 2023 | 1:33 pm

AMD

Morgan Stanley reports that DigiTimes has stated AMD must delay the roll out of its MI300X in order to enhance its performance.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 1:33 pm

F

GM

TSLA

A Twitter poll conducted by CarDealershipGuy suggests that 49% of respondents believe that electric vehicles (EVs) will hold a market share of 30% or more in the US by 2030. The current EV market share for new vehicles in the US is between 7% and 8%. The poll results could be positive for companies like Tesla, Ford, and General Motors, which are transitioning to EVs. However, supply and demand for EVs will need to increase for market share to grow.

Portfolio Pulse from Chris Katje

July 11, 2023 | 1:28 pm