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WISA

WiSA Technologies (NASDAQ:WISA) plans to acquire Datavault assets for $210M, enhancing its Web 3.0 and sound transmission solutions. The deal involves issuing 40 million shares and a $10M note, with closing expected by December 31, 2024. This acquisition aims to expand WiSA's offerings in data and acoustic sciences.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:09 am

MYNZ

Mainz Biomed has expanded its collaboration with Liquid Biosciences to enhance its pancreatic cancer detection test using AI technology. The partnership aims to optimize biomarker selection for the PancAlert test, with promising initial results. The next phase will include microbiome biomarkers and an extended AI algorithm, expected to complete by Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:06 am

TSLA

Tesla has launched a $3,000 winter tire package for its Cybertruck, aimed at improving performance in cold conditions. This move comes as Tesla ramps up Cybertruck production and addresses past concerns about its performance in snow.

Portfolio Pulse from Anan Ashraf

September 04, 2024 | 8:00 am

CIFR

Cipher Mining Inc. released its August 2024 operational update, reporting 160 BTC mined, 136 BTC sold, and 2,284 BTC held. The company deployed 76,000 mining rigs with an operating hash rate of 9.1 EH/s.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 7:38 am

MNOV

MediciNova's MN-166 (Ibudilast) ALS clinical trial abstract has been accepted for presentation at the 2024 NEALS Annual Meeting. This development could influence investor sentiment positively as it highlights progress in MediciNova's clinical trials.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 7:23 am

AMZN

PDD

WMT

The U.S. Consumer Products Safety Commission (CPSC) has called for an investigation into e-commerce platforms Shein and Temu, owned by PDD Holdings Inc., over allegations of selling dangerous baby products. The probe will assess compliance with CPSC regulations and the management of third-party sellers. The use of the de minimis rule, which allows packages under $800 to avoid tariffs, is also under scrutiny. This investigation highlights the regulatory challenges faced by Chinese retailers in the U.S. market.

Portfolio Pulse from Benzinga Neuro

September 04, 2024 | 7:22 am

HLX

Helix Energy has secured a multi-year contract with Shell Offshore for well intervention services in the Gulf of Mexico, reinforcing its position as a leading provider in the sector.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 7:15 am

IVBIY

Innovent Biologics has received FDA Fast Track Designation for its bispecific antibody, IBI363, as a monotherapy for advanced melanoma. This designation could expedite the development and review process, potentially bringing the treatment to market faster.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 7:08 am

BA

Boeing's Starliner spacecraft is being prepared for an uncrewed return to Earth from the ISS. Astronauts Sunita Williams and Butch Wilmore, initially launched via Starliner, will return in February on a SpaceX vehicle due to technical issues with Starliner. The spacecraft is set to undock on September 6 and land on September 7.

Portfolio Pulse from Anan Ashraf

September 04, 2024 | 6:56 am

INDV

Indivior announced that Aelis Farma's Phase 2B study with AEF0117 for cannabis use disorder did not meet its primary and secondary endpoints. As a result, Indivior does not expect to exercise its option on AEF0117.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 6:35 am