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CRM

Salesforce Inc (NYSE:CRM) announced plans to raise prices for some of its cloud and marketing tools by an average of 9% in August. This will be the first price increase in seven years. The company also highlighted its progress on AI, stating it's exploring how generative AI can improve efficiency and productivity. Salesforce shares were up 3.05% at $219.37.

Portfolio Pulse from Adam Eckert

July 11, 2023 | 2:10 pm

BA

INTC

Boeing and Intel have announced a strategic collaboration to advance semiconductor technology in the aerospace industry. The partnership aims to create next-generation microelectronics applications in artificial intelligence, secure computing, and advanced flight capabilities. The collaboration will leverage Intel's 18A technology and other technologies to create capabilities relevant to national security.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:06 pm

TAK

Takeda Pharmaceutical Company has voluntarily withdrawn its U.S. Biologics License Application for its dengue vaccine candidate, TAK-003. The company did not provide a reason for the withdrawal.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 2:05 pm

MRKR

Marker Therapeutics' stock is trading higher after the European Medicines Agency granted MT-401, a drug for the treatment of acute myeloid leukemia (AML), an Orphan Drug Designation. The company is committed to advancing MT-401 development and approval to address the significant unmet needs in AML treatment.

Portfolio Pulse from Henry Khederian

July 11, 2023 | 2:03 pm

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