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AGBIF

Atlas Global Brands Inc. (AGBIF) will launch new products under its D*gg Lbs brand in collaboration with Snoop Dogg this summer. The products will be available through the Ontario Cannabis Store. Atlas expects to deliver its first shipment of D*gg Lbs products to Israel in late June 2023. The company has also completed the acquisition of GreenSeal Cannabis Company and GreenSeal Nursery.

Portfolio Pulse from Vuk Zdinjak

June 07, 2023 | 12:40 pm

BKTI

BK Technologies Corporation has delivered its first shipment of the BKR 9000 multiband radio to a U.S. Army Base as part of the base's portable communications technology lifecycle replacement program. The BKR 9000 is the company's first multiband portable radio for the public safety market, offering high performance at a cost-efficient price point.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:36 pm

BA

Boeing Co (NYSE:BA) has delayed deliveries of its 787 Dreamliners due to a new defect found in the plane's horizontal stabilizer. The company is inspecting its jets in inventory and expects to fix the problem within a couple of weeks per plane. The FAA has been notified and will not permit the delivery of new Dreamliners until the issue is resolved.

Portfolio Pulse from Akanksha Bakshi

June 07, 2023 | 12:36 pm

LIXT

LIXTE Biotechnology and the Spanish Sarcoma Group have enrolled the first patient in a Phase 1b/2 randomized trial of doxorubicin +/- LIXTE's lead anti-cancer compound, LB-100, in advanced soft tissue sarcomas.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:36 pm

DRIO

DarioHealth Corp. (DRIO) has announced two new full suite employer contracts for its digital health platform, expanding its customer base. The financial terms of the contracts were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:34 pm

AREC

American Resources Corporation (NASDAQ: AREC) has entered into a long-term lithium spodumene purchase agreement in South Africa. The initial phase will procure 5,000 metric tons of lithium spodumene ore per month, with a later phase expected to increase to over 20,000 metric tons per month. The company will use its patented ReElement refining technology to produce ultra-pure lithium carbonate or hydroxide.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:33 pm

RIGL

Rigel Pharmaceuticals announced promising data from a Phase 2 study of REZLIDHIA (olutasidenib) in patients with mutant IDH1 acute myeloid leukemia (AML) who were relapsed/refractory to prior venetoclax-based regimens. The data were presented at the EHA2023 Hybrid Congress.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:31 pm

RIVN

Rivian Automotive customers have reported concerns about battery drain when vehicles are left idle, known as vampire or phantom drain. A Reddit user compared the battery drain of their Rivian with a Kia EV6, noting a 20% drop in Rivian's state of charge compared to 1% for the Kia. Rivian's VP of Software Development acknowledged the issue and reassured that the company would investigate.

Portfolio Pulse from Anan Ashraf

June 07, 2023 | 12:30 pm

MRVL

TSM

Marvell Technology (MRVL) has won a significant order from Amazon for its AI chips, which will be manufactured using Taiwan Semiconductor Manufacturing Company's (TSMC) 5nm process technology.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 12:24 pm

ARKX

MMAT

MOON

SPCE

UFO

Whistleblower David Grusch claims there are UFO crash retrieval and reverse-engineering programs within the DoD and commercial Special Access Programs. Stocks and ETFs that may benefit from this news include Virgin Galactic (NYSE:SPCE), Meta Materials (NASDAQ:MMAT), Procure Space ETF (NASDAQ:UFO), Direxion Moonshot Innovators ETF (NYSE:MOON), and ARK Space Exploration & Innovation ETF (BATS:ARKX).

Portfolio Pulse from Ryan Glosier

June 07, 2023 | 12:23 pm