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SPCE

Virgin Galactic (NYSE:SPCE) stock is trading higher after announcing plans to launch its first commercial spaceflight, Galactic 01, between June 27-30, and a second flight in early August. The first flight will carry three crew members from the Italian Air Force and National Research Council of Italy for microgravity research.

Portfolio Pulse from Anusuya Lahiri

June 16, 2023 | 2:14 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares are trading higher by 15% to $1.61 on heavy volume and amid overall market strength. The EV maker gained last week after shareholders rejected the company's proposal to issue more stock shares. The International Energy Agency predicts global oil demand could peak before the end of this decade, which may benefit EV makers like Nikola.

Portfolio Pulse from Henry Khederian

June 16, 2023 | 2:13 pm

WBA

Walgreens Boots Alliance (WBA) has entered into a multi-year partnership with Freenome to advance clinical studies of blood-based tests for early cancer detection. The collaboration will involve building risk-prediction models and population health software.

Portfolio Pulse from Nabaparna Bhattacharya

June 16, 2023 | 1:53 pm

FXI

MU

Micron reports that many of its customers are being contacted by critical information infrastructure operators and government representatives in China regarding the future use of Micron products.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:36 pm

BBY

OnePlus' new Nord N30 5G smartphone is available at a $100 discount from Best Buy (NYSE:BBY), bringing the price down to $199.99. Buyers also receive a $30 gift card, effectively reducing the total cost to $169.99.

Portfolio Pulse from Rounak Jain

June 16, 2023 | 1:31 pm

BIDU

Baidu has obtained licensing for commercial operation of its fully driverless ride-hailing service in Shenzhen, expanding its nationwide operations. Apollo Go robotaxis will operate daily across 188 square kilometers in Shenzhen. The company has provided over 2 million rides by Q1 2023, making it the world's largest autonomous ride-hailing service provider.

Portfolio Pulse from Happy Mohamed

June 16, 2023 | 1:22 pm

XBRAF

Xebra Brands Ltd. has signed a cannabis cultivation agreement with Chapingo University in Mexico, focusing on the first commercial cultivation of cannabis and hemp with less than 1% THC. The collaboration will include importing cannabis seeds, cultivating hemp, assessing strains, and producing low-THC cannabis crops.

Portfolio Pulse from Vuk Zdinjak

June 16, 2023 | 1:19 pm

LEXX

LEXXW

Lexaria Bioscience Corp. reports positive findings from its diabetes animal study DIAB-A22-1, showing that DehydraTECH-CBD reduced blood glucose levels by 19.9% and improved kidney function. However, the dementia study DEM-A22-1 produced inconclusive results, and the epilepsy study EPIL-A21-1 demonstrated DehydraTECH-CBD's effectiveness at lower doses compared to Epidiolex®.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:12 pm

SANA

Sana Biotechnology presented preclinical data at the ISSCR 2023 Annual Meeting, highlighting the potential of its hypoimmune and fusogen platforms in cell therapy and treatment of type 1 diabetes. The data demonstrated the ability of HIP-modified cells to evade immune detection and deliver genetic payloads to human hematopoietic stem/progenitor cells.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:08 pm

SCLX

Scilex Holding Company will present data on ELYXYB, a treatment for acute migraine in adults, at the 65th Annual Scientific Meeting of the American Headache Society.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:04 pm