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DPC Dash, the exclusive master franchisee for Domino's Pizza in China, reported strong revenue growth and profitability in the first half of 2024. The company expanded aggressively, opening 146 new stores, and achieved positive same-store sales growth despite economic challenges. DPC Dash's stock has outperformed other China stocks since its IPO.

Portfolio Pulse from The Bamboo Works

September 04, 2024 | 12:59 pm

AIRJ

Montana Technologies' stock is rising following the announcement of a Memorandum of Understanding (MOU) with Clairity Technology to deploy airjoule units for CO2 removal operations.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:57 pm

LIXT

Lixte Biotechnology's shares rose following a USPTO notice of allowance for a patent combining LB-100 with cancer immunotherapies.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:51 pm

GM

The NHTSA has closed its investigation into 1.3 million GM vehicles over seat belt safety concerns. GM had issued a recall in 2014 for certain models due to potential seat belt issues. The NHTSA found the fix effective, with a low occurrence of failures.

Portfolio Pulse from Anan Ashraf

September 04, 2024 | 12:51 pm

ATHA

Athira Pharma's Alzheimer's drug candidate, fosgonimeton, failed to show significant improvement in cognition and function in a Phase 2/3 trial, leading to a 72.8% drop in ATHA stock. The trial's results were not statistically significant, although some directional improvements were noted in certain subgroups.

Portfolio Pulse from Vandana Singh

September 04, 2024 | 12:48 pm

NIXT

QQQ

SPY

Rob Arnott, known as the 'godfather of smart beta', is launching the Deletions ETF (NIXT) to invest in companies removed from major indices like the S&P 500 and Russell 1000. This ETF aims to capitalize on the potential rebound of these 'rejects', which historically have shown a 5% annual return. The launch aligns with the growing popularity of ETFs over mutual funds.

Portfolio Pulse from Benzinga Neuro

September 04, 2024 | 12:45 pm

DDD

3D Systems has launched QuickCast Air, a new tool in its investment casting portfolio, which reduces material consumption, lowers costs, and speeds up build times. This innovation is expected to drive growth in the additive manufacturing market, projected to reach $33.9 billion by 2034.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:41 pm

OTLK

Outlook Therapeutics has completed enrollment for its NORSE EIGHT clinical trial, which evaluates ONS-5010 for wet AMD. Topline results are expected in Q4 2024, with a BLA resubmission planned for Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:40 pm

BYRN

Byrna Technologies announced preliminary Q3 2024 results, reporting revenues of $20.8 million, significantly surpassing the estimated $16.06 million. This marks a 194% increase from Q3 2023, driven by strong Direct-to-Consumer and Dealer sales, and successful marketing strategies.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:40 pm

AIRJ

Montana Technologies has signed a Memorandum of Understanding (MOU) with Clairity Technology to deploy AirJoule units for direct air capture CO2 removal operations. This partnership aims to enhance CO2 removal capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:40 pm