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NVDA

Nvidia is rumored to be secretly assisting Amkor Technology in developing advanced packaging for AI applications, according to DigiTimes Asia.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:42 pm

NVDA

NVIDIA is experiencing significant growth in the AI segment, leading to increased GPU prices, limited supply, and a massive order backlog. The company's GPUs are in high demand for tackling AI, ML, and DNN challenges, with ByteDance alone acquiring $1 billion worth of NVIDIA AI GPUs. The pricing of NVIDIA's H100 GPUs is expected to reach $50,000 per accelerator due to the current market trend.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:24 pm

CNTRF

CENTR Brands Corp. has launched a Shopify-based app to simplify the browsing experience for consumers seeking functional wellness beverages. The app offers recipe recommendations and optimizes the checkout process for a seamless shopping experience.

Portfolio Pulse from Vuk Zdinjak

June 27, 2023 | 2:23 pm

LNZA

Primetals Technologies and LanzaTech Global Inc. (NASDAQ:LNZA) have renewed their ten-year cooperation agreement to accelerate the deployment of integrated environmental solutions for the steel industry worldwide. The companies will enable more projects in the global iron and steel sector to adopt LanzaTech's carbon recycling technologies.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 2:20 pm

NKTX

Nkarta's shares are trading lower following the release of updated data from its Phase 1 study of NKX101 for relapsed or refractory acute myeloid leukemia.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 2:07 pm

ALDX

Aldeyra Therapeutics announced positive top-line results from the Phase 2 clinical trial of ADX-629, an investigational drug for chronic cough. The trial achieved statistical significance for key secondary endpoints, and ADX-629 was well-tolerated with no safety concerns. Aldeyra plans to discuss the results with regulatory authorities and consider expanding clinical testing.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 2:05 pm

BDTX

Black Diamond Therapeutics announced positive initial clinical data from the Phase 1 study of BDTX-1535 for non-small cell lung cancer (NSCLC) and glioblastoma multiforme (GBM). The drug showed clinical proof of activity in NSCLC patients and was well-tolerated. Expansion cohorts are expected to commence in H2 2023. BDTX shares are up 84.20% at $3.39.

Portfolio Pulse from Vandana Singh

June 27, 2023 | 1:52 pm

ACET

AEL

CARA

KC

RIDE

XPOF

US stocks traded higher with the Nasdaq Composite gaining around 75 points on Tuesday. Durable goods orders rose 1.7% MoM in May, beating market estimates of a 1% drop. American Equity Investment Life Holding Company received a $55 per share acquisition proposal from Brookfield Reinsurance, while Cara Therapeutics was granted a US patent for oral formulations of kappa opioid receptor agonists.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 1:45 pm

WLY

ResearchGate and Wiley have expanded their partnership to include 519 open access journals in Wiley's portfolio. The agreement will enhance the presence of these journals on ResearchGate through its new Journal Home offering, increasing their visibility and engagement among researchers.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 1:40 pm

LIN

Linde PLC has signed multiple contracts with Wanhua Chemical Group to extend their collaboration in China. Linde will acquire three air separation units (ASUs) from Wanhua and ink a long-term deal to supply industrial gases to Wanhua's chemical production sites. Linde also expanded its long-term industrial gas supply contract with Wanhua at Ningbo and Yantai, including decarbonization investments.

Portfolio Pulse from Lekha Gupta

June 27, 2023 | 1:35 pm