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XAIR

Beyond Air has licensed commercial rights for neuronal nitric oxide synthase (nNOS) inhibitors for autism spectrum disorder (ASD) treatment from Hebrew University of Jerusalem. The preclinical results show a reversal of ASD phenotypes, and a first-in-human clinical trial is planned for 2025.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:09 pm

ENVX

Enovix Corporation (NASDAQ: ENVX) has achieved its Q2 forecast of 18,000 units manufactured at its Fab1 location and expects to exceed its quarterly guidance. The company maintains its FY23 target of producing 180,000 cells for customers from Fab1. Enovix plans to begin high-volume manufacturing at its Fab2 location in Malaysia next year.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:05 pm

ENVX

Enovix Corporation (NASDAQ: ENVX) has achieved its Q2 forecast of 18,000 units manufactured at its Fab1 location in Fremont and expects to exceed its quarterly guidance with more than two weeks remaining in the quarter. The company plans to produce 180,000 cells in 2023 and start high-volume manufacturing at its Fab2 location in Malaysia next year.

Portfolio Pulse from Happy Mohamed

June 15, 2023 | 8:04 pm

NIO

NIO has launched its first smart electric tourer, the ET5 Touring, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:04 pm

MBIO

Mustang Bio announced final results from the follicular lymphoma cohort of its Phase 1/2 clinical trial of MB-106, showing a 95% overall response rate and 80% complete response rate across all patients. The company expects to report initial data from its ongoing multicenter trial shortly.

Portfolio Pulse from Happy Mohamed

June 15, 2023 | 8:03 pm

EVLO

Evelo Biosciences has been granted U.S. Patent #11672834 for prebiotic compositions and methods of use for modulation of the microbiome. This patent strengthens the company's intellectual property portfolio.

Portfolio Pulse from Happy Mohamed

June 15, 2023 | 8:01 pm

GOOG

GOOGL

Google has expanded its online contracting solution to publishers in Belgium and Italy, offering enpagreements. In Denmark, Google entered a new licensing agreement with the Danish Press Publisher's Collecting Society for publications of its members.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:44 pm

WMT

Walmart opened a 2.2 million-square-foot high tech fulfillment center in Indianapolis, expected to increase Walmart.com order fulfillment capacity and enable the retailer to reach 95% of the U.S. population. Walmart also announced a partnership with NBCUniversal to test live sports streaming advertising on Walmart's retail media network.

Portfolio Pulse from Ryan Gustafson

June 15, 2023 | 7:08 pm

GOOG

MSFT

Microsoft's strategic partnership with OpenAI and investments in artificial intelligence have fueled its stock growth, reaching an all-time high of $346. Analysts from Mizuho and J.P. Morgan raised Microsoft's one-year price target, and CEO Satya Nadella aims for real competition with Google in the AI-powered search engine market.

Portfolio Pulse from Natan Ponieman

June 15, 2023 | 7:01 pm

COIN

ResearchHub, co-founded by Coinbase CEO Brian Armstrong, has raised $5 million in seed funding to expand its platform and develop new features. The startup aims to revolutionize the scientific community by creating a tokenized social network that rewards scientists for sharing scholarly content using ResearchCoin (CRYPTO: RSC).

Portfolio Pulse from Murtuza Merchant

June 15, 2023 | 6:57 pm