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SILO

Silo Pharma has initiated a human factor study of SPC-15, a drug intended for the treatment of Post-Traumatic Stress Disorder (PTSD).

Portfolio Pulse from Bill Haddad

October 11, 2023 | 12:37 pm

ABBV

AbbVie has presented long-term data on the efficacy and safety profile of RINVOQ (upadacitinib) in adults and adolescents with moderate to severe atopic dermatitis. The data shows promising results, which could potentially boost the company's market position.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 12:33 pm

PLUG

Plug Power has been selected as the preferred supplier of 550 MW PEM Electrolyzers for Fortescue's proposed Gibson Island Project. Additionally, Fortescue is set to take up to a 40% equity stake in Plug's Texas hydrogen plant, while Plug is to take up to a 25% equity stake in Fortescue's proposed Phoenix hydrogen plant. The two companies are also exploring co-investment opportunities in green hydrogen production projects in North America.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:27 pm

BSX

Boston Scientific has received FDA approval for its Spinal Cord Stimulation therapy for people living with Diabetic Peripheral Neuropathy. This approval could potentially open up a new market for the company's products.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 12:25 pm

ATHX

TPST

VINO

VOXX

WHLR

Several stocks are experiencing significant pre-market trading movements. Tempest Therapeutics (TPST) shares rose 279.8% following an announcement of new data from a global study. Wheeler Real Estate Investment Trust (WHLR) shares gained 211% after a 7% fall on Tuesday. Athersys (ATHX) shares rose 20.7% as the company plans to conduct additional data analysis. Gaucho Group Holdings (VINO) shares climbed 42.7% after announcing its move towards organic cultivation. VOXX International Corp (VOXX) shares rose 11.7% as the company reported stronger-than-expected sales for Q2.

Portfolio Pulse from Lisa Levin

October 11, 2023 | 12:24 pm

BABA

BIDU

Huawei Technologies, Baidu Inc's (NASDAQ:BIDU) auto driving unit, and Alibaba Group Holding Limited's (NYSE:BABA) mapping service are collaborating to establish technology standards for autonomous driving on China's highways. This is part of China's plan to integrate new technology and enhance its road network for the emerging autonomous driving industry. China allocated $219 billion to highway upgrades in 2022, a 7.3% increase from the previous year.

Portfolio Pulse from Anusuya Lahiri

October 11, 2023 | 12:16 pm

NBY

NovaBay Pharmaceuticals, Inc. (NYSE:NBY) has announced the launch of two new promotional programs for ophthalmologists and optometrists who help their patients manage the symptoms of chronic dry eye with Avenova-branded products. The Avenova Loyalty Program and Avenova Affiliate Program are designed to increase awareness of the full suite of Avenova products and reward top eyecare professionals.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:15 pm

TKLF

Japanese retailer and wholesaler Yoshitsu Co., Ltd (NASDAQ:TKLF) has announced plans to open direct-sale stores in five U.S. cities. The company expects the move to increase sales, improve customer experience, and strengthen customer loyalty. The stores will offer a diverse product portfolio and will be equipped with local warehouses to support operations.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:11 pm

BB

BlackBerry Limited (NYSE:BB) has been awarded a seven-year contract by the United States Department of Homeland Security (DHS) for the creation and sustainment of its new Super Enterprise for Personnel Emergency Notification System (PENS). BlackBerry, American Systems and 4 Points Technology will partner to deliver on the software and services contract. BlackBerry AtHoc, the most secure critical event management (CEM) solution, will be used as a department-wide communication and visibility PENS solution for all DHS employees and contractors.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:10 pm

AUID

Workforce360, an international SaaS recruitment platform, has selected authID's identity verification services to automate identity document collection and streamline candidate onboarding. The partnership aims to enhance the speed, precision, and accuracy of the recruitment process. authID's solution will automate the authentication of over 12,000 government IDs and passports from 200 countries, thereby driving hiring efficiencies with fast, streamlined onboarding.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:09 pm