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NVNO

enVVeno Medical Corporation (NASDAQ:NVNO) has provided an update on its ongoing SAVVE U.S. pivotal study for the VenoValve, announcing that 57 patients have been enrolled so far, with full enrollment expected by the end of 2023. The company also announced two upcoming investor events. With $34.2 million in cash and investments, and a burn rate of between $4 million and $5 million per quarter, the company has sufficient resources to fund its current operations past the release of topline safety and efficacy data from the SAVVE study and through the end of 2024.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:22 pm

MGLD

The Marygold Companies, Inc. (NYSE:MGLD) has appointed Ian Gass as Chief Product Officer for its UK operations. The company plans to launch its mobile banking and financial services app in the UK in 2024 through its Marygold & Co. (UK) subsidiary. The app offers FDIC-insured accounts, contactless payment options, and other features. Gass has extensive experience in the fintech sector, having co-founded an open banking fintech business and held senior positions at Goldman Sachs and Bank of New York Mellon.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:21 pm

BKR

Baker Hughes (NASDAQ:BKR) has been awarded a significant contract by MODEC to supply gas technology equipment for the BM-C-33 project in Brazil, developed by Equinor with partners Repsol Sinopec Brasil and Petrobras. This is the second combined cycle power generation FPSO project developed by Baker Hughes for MODEC and Equinor, following the award for the Bacalhau FPSO in 2020. The technology will contribute to reducing the project's carbon footprint.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:19 pm

HUDI

Huadi International Group Co., Ltd. (HUDI) has entered into an investment agreement with Songyang County Economic Development and Investment Group Co., Ltd. to build a 'Future Factory' in Zhejiang Province, China. The factory will occupy approximately 50 acres with a total investment of approximately RMB1 billion. The project is expected to produce 60,000 tons of stainless steel seamless tubes and special alloy steel products annually. The Songyang County local government will provide supportive policies for the construction of the project, including infrastructure construction subsidies and equipment investment incentives.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:16 pm

BA

EADSY

Airbus SE is investing in its U.K. innovation capabilities with the opening of a new Wing Technology Development Centre at its Filton site in southwest England. The facility will help Airbus design wings for next-generation aircraft. This follows Boeing's plans to launch an elongated, ultra-light concept called Transonic Truss-Braced Wings. Airbus, however, is facing challenges in bringing down costs.

Portfolio Pulse from Nabaparna Bhattacharya

July 05, 2023 | 12:15 pm

DARE

OGN

Daré Bioscience (NASDAQ:DARE) is preparing for the commercial launch of XACIATO, a treatment for bacterial vaginosis, in collaboration with Organon (NYSE:OGN). Organon will pay Daré $1 million in July 2023 and $1.8 million upon the first commercial sale of XACIATO. Daré received a $10 million upfront payment from Organon in 2022 and is eligible for additional milestone payments of up to $180 million and tiered double-digit royalties based on net sales.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:15 pm

IMAB

I-Mab (NASDAQ:IMAB), a clinical-stage biopharmaceutical company, announced the publication of a manuscript detailing the antitumor activity of its bispecific antibody givastomig in The Journal for Immuno-Therapy of Cancer. Givastomig is designed to bind to CLDN18.2-expressing cancer cells and activate T cells within these tumors, offering potential for effective immuno-therapy in gastric cancer. The drug is currently undergoing Phase 1 clinical studies in the U.S. and China, with promising results so far. The company plans to report additional clinical data later this year.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:12 pm

SCWO

374Water Inc. (NASDAQ:SCWO) has formed a strategic partnership with The Environmental Group Limited (EGL) to combat PFAS contamination in Australia and New Zealand. EGL will act as an exclusive distributor for 374Water's AirSCWO technology throughout Australia and New Zealand. The collaboration is set to kick off with an initial order for an AirSCWO 6 system.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:09 pm

AMD

AVGO

NVDA

TSM

Taiwan Semiconductor Manufacturing Company Ltd (TSMC) expects a significant revenue rebound in the second half of the year, driven by the launch of new Apple iPhones and strong demand for AI chips from Nvidia, Broadcom, and AMD. The AI sector has seen a boost with companies like Alphabet's Google and Amazon entering the race. Nvidia has placed additional orders at TSMC, expecting Q2 revenue of $11 billion. Broadcom's AI-related customized chips have also seen increased orders from Google and Meta Platforms.

Portfolio Pulse from Anusuya Lahiri

July 05, 2023 | 12:09 pm

GH

Guardant Health, Inc. (NASDAQ:GH) has announced that it will receive national reimbursement approval from the Japanese Ministry of Health, Labor and Welfare for its Guardant360 CDx liquid biopsy test for comprehensive genomic profiling for patients with advanced or metastatic solid tumor cancers, effective July 24, 2023. The test has already received regulatory approval in March 2022. The test is used to detect actionable biomarkers in a patient's blood that may help inform their therapy selection.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:09 pm