Streetbeat News

Products Services

MRK

MRNA

Moderna Inc (MRNA) and Merck & Co Inc (MRK) announced positive follow-up data from a Phase 2b study of mRNA-4157 (V940) in combination with Keytruda for high-risk melanoma patients. The study showed a 49% reduction in the risk of recurrence or death and a 62% reduction in the risk of developing distant metastasis or death compared to Keytruda alone. Moderna's stock soared by 11.20%, while Merck's stock saw a slight decline of 0.32% in premarket trading.

Portfolio Pulse from Vandana Singh

December 14, 2023 | 2:22 pm

CRM

VRNS

Varonis Systems has launched its Data Security Platform on Salesforce AppExchange, expanding its reach within the Salesforce ecosystem. This move allows Salesforce customers to benefit from Varonis' capabilities in monitoring, protecting, and analyzing their sensitive data across the Salesforce platform.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:21 pm

SNES

SenesTech, Inc. (NASDAQ:SNES) has received substantial orders for its new product, EVOLVE Soft Bait, a non-lethal rodent fertility control solution. Launched in November 2023, EVOLVE has seen strong demand, leading to increased production. The product is seen as an alternative to traditional poisons, with some regions like New England considering bans on second-generation anticoagulants (SGARs) due to environmental concerns.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:14 pm

WW

WeightWatchers (NASDAQ:WW) has launched a new GLP-1 Program designed to provide behavioral support for individuals on GLP-1 medications. The program, developed by a team of specialists, aims to help members build healthy habits and ensure adequate nutrition while on these medications. It includes daily nutritional and activity targets, a digital community, and access to Virtual Workshops and trained coaches. WeightWatchers Clinic, integrated within the WeightWatchers App, offers personalized support and medication management. The company plans to educate and promote the new offerings through various channels.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:13 pm

JBLU

JetBlue (NASDAQ:JBLU) has announced the launch of a new service to Tulum, Mexico, with daily nonstop flights from New York's JFK to Tulum's new airport starting June 13, 2024. This service will be JetBlue's fourth destination in Mexico, complementing existing services to Cancun, Puerto Vallarta, and Los Cabos. To celebrate the launch, JetBlue is offering limited $149 one-way fares. The route will be operated using Airbus A320 aircraft, featuring JetBlue's award-winning service.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:13 pm

MULN

Mullen Automotive, Inc. has delivered its Class 3 EV low cab forward trucks, the Mullen THREE, to NRTC Automation Group in Birmingham, Alabama. The purchase order was announced on Aug. 28, 2023, with deliveries starting in Q4 2023. NRTC, which provides automation solutions for the automotive industry, will use the Mullen THREE in its vehicle fleet for shuttle runs in South Carolina. Mullen's commercial vehicle assembly is based in Tunica, Mississippi, and includes the Mullen ONE and Mullen THREE. The first deliveries of the Mullen THREE began on Sept. 28, 2023, to Randy Marion, which received its license to retail Mullen's commercial EVs on Nov. 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:11 pm

LPTV

OKO Digital, a leader in Digital Out of Home (DOOH), has announced a new partnership with Loop Media, expanding its roster of CTV/OTT and DOOH publisher partners. The partnership is expected to enhance OKO Digital's offerings in the digital advertising space.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:09 pm

ELIQ

Electriq Power Holdings, Inc. (ELIQ) anticipates 2024 revenue of $20M-$30M based on signed Power Purchase Agreements (PPAs) and commitments. The company has a $5M revenue backlog from over 160 PPAs signed via Sustainable Community Networks and a $10M commitment from developers to purchase Electriq's PowerPod 2 systems. Electriq has also expanded into Puerto Rico and Washington D.C., signed a partnership for homeowner PPA signups and installations, implemented cost reductions, and extinguished obligations through equity issuance. The company is focused on executing its 2024 plan and driving top-line growth and higher margins.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:08 pm

VERU

Veru Inc. has priced an underwritten public offering of approximately 33 million dollars, issuing 45,833,333 shares at $0.72 each. The proceeds will primarily fund a Phase 2b clinical trial for enobosarm, aimed at treating sarcopenic obesity in the elderly, and will also cover working capital and other general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:05 pm

DELL

CoreWeave, a specialized cloud provider, has expanded its infrastructure by purchasing thousands of Dell PowerEdge servers to enhance its cloud platform for AI and machine learning workloads. The servers, equipped with NVIDIA H100 Tensor Core GPUs, will power CoreWeave's solutions for AI, ML, VFX rendering, and simulations. This collaboration with Dell Technologies aims to meet the growing demand for high-performance cloud solutions necessary for large-scale AI models. CoreWeave's modern cloud infrastructure, combined with Dell's powerful servers, will provide customers with rapid access to compute resources for compute-intensive tasks.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:04 pm