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CryptoPunk #7751, a rare NFT, sold for 49.44 ETH ($88,256 USD). CryptoPunks are a generative art collection and one of the first NFT applications for digital art. Their value is determined by attributes, with some being more coveted than others. CryptoPunk sales are a leading indicator for the NFT market.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 7:00 pm

AMZN

RIVN

WKSP

Worksport Ltd (WKSP) is expanding its renewable energy offerings with TerraVis tonneau covers and portable COR batteries, while Amazon (AMZN) backs Rivian Automotive (RIVN) with a deal for 100,000 electric trucks. The EV wave is disrupting industries and lifestyles globally.

Portfolio Pulse from Upwallstreet

May 18, 2023 | 6:54 pm

AVRO

Avrobio Inc's shares are trading higher after announcing follow-up data from a Phase 1/2 trial of gene therapy AVR-RD-04 for cystinosis, showing a durable treatment effect across key measures up to 36 months. The data suggests potential registrational strategies using an accelerated approval pathway.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 6:32 pm

LEXX

Lexaria Bioscience Corp (NASDAQ:LEXX) has completed its animal study HOR-A22-1, showing significant enhancement in the oral delivery of estrogen hormone estradiol using its DehydraTECH technology. The DehydraTECH-estradiol formulation achieved a 900% higher average peak concentration in the bloodstream compared to the control formulation.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 6:22 pm

ACET

Adicet Bio announced preclinical data for ADI-270, an allogeneic gamma delta CAR T cell therapy candidate targeting CD70+ cancers. The data showed anti-tumor activity, significant inhibition of tumor growth, and improved resistance to killing by host T cell rejection.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 6:18 pm

GOOG

GOOGL

Alphabet's Google shares are trading higher amid continued AI momentum, plans to phase out third-party cookies in Chrome, and the Supreme Court declining to address the legal liability shield for tech platforms. Hedge funds, including Pershing Square Capital Management and Appaloosa, have picked up new stakes in the stock.

Portfolio Pulse from Anusuya Lahiri

May 18, 2023 | 5:56 pm

CGTX

Cognition Therapeutics announces data publication from a Phase 1b SNAP trial of CT1812, showing its effectiveness in displacing Aβ oligomers in Alzheimer's patients. The study demonstrated that a single oral dose of CT1812 rapidly displaces Aβ oligomers from synapses, with no serious adverse events related to the medication.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 5:53 pm

CELZ

Creative Medical Technology Holdings Inc (NASDAQ:CELZ) announced positive topline pilot study results for the StemSpine procedure using AlloStem to treat chronic lower back pain. The data showed significant efficacy, no serious adverse events, and a reduction in narcotic usage, pain score, and Oswestry Score in treated patients.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 5:50 pm

NTDOY

SONY

WBD

Nintendo's The Legend of Zelda: Tears of the Kingdom sold over 10 million units globally within three days of its release, becoming the fastest-selling installment in the series. The game is a Nintendo Switch exclusive and has a price tag of $70.

Portfolio Pulse from Franca Quarneti

May 18, 2023 | 5:33 pm

NFLX

Netflix's stock surged on reports that its ad-supported subscription tier has nearly 5 million global monthly active users. The company disclosed the metrics during its 2023 Upfront Presentation, with executives calling the early signals promising. The ad-tier's user base could determine the price Netflix charges for ads on its service.

Portfolio Pulse from Aaron Bry

May 18, 2023 | 5:32 pm