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LVO

Legible Inc. and LiveOne Inc. have entered into an exclusive multi-year strategic partnership to deliver the first-ever in-car book streaming service, providing over 2 million audiobooks and eBooks to the North American automotive market. The partnership aims to integrate audiobook and eBook content directly into vehicle infotainment systems.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:02 pm

WISA

WiSA Technologies (NASDAQ:WISA) and Sunplus Technology have partnered to develop a multichannel immersive audio System-on-a-Chip (SoC) for the Atmos soundbar market. The collaboration aims to offer high-quality immersive audio functionality at a cost-effective price point.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:01 pm

KTOS

Shield AI and Kratos Defense & Security Solutions have partnered to integrate Shield AI's artificial intelligence (AI) pilot system into Kratos' XQ-58 Valkyrie drone. The collaboration aims to enhance the drone's capabilities and enable it to perform complex missions autonomously.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:01 pm

TAOP

Taoping Inc. plans to launch Cloud Nest AI, a generative AI system across the Cloud to accelerate growth. The system will integrate AI with intelligent Cloud platform technology and product capabilities, empowering end users with smart scene terminals across various industries.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:01 pm

CYTO

Altamira Therapeutics has received IND clearance from the FDA for AM-125 in treating acute vestibular syndrome. This approval allows the company to proceed with clinical trials.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:47 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) shares climbed on Wednesday amid artificial intelligence (AI) optimism. Traders expect the stock to continue rising through Friday. NVIDIA shares have almost tripled year-to-date, gaining over 48% in the past month.

Portfolio Pulse from Priya Nigam

June 15, 2023 | 12:46 pm

ABBV

AbbVie announced positive top-line results from its Phase 3 COMMAND study, showing risankizumab achieved the primary endpoint of clinical remission at week 52, as well as key secondary endpoints in adult patients with moderately to severely active ulcerative colitis. The safety profile of risankizumab was consistent with previous studies, with no new safety risks observed.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:45 pm

BGNE

Pharmacyclics has filed a patent infringement complaint against BeiGene, alleging that BeiGene's BRUKINSA infringes a Pharmacyclics patent. BeiGene plans to vigorously defend against the allegations and remains confident in BRUKINSA's intellectual property.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:39 pm

KULR

KULR Technology Group has expanded its SafeCASE product line for the consumer e-mobility market, aiming to prevent battery-related fires in electric bikes and other devices. The technology is already used by NASA and has been approved by the US Department of Transportation for lithium-ion battery storage and transport.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:38 pm

MULN

Mullen Automotive's stock is trading higher after a letter to shareholders highlighted its $135 million cash position and belief that it's trading at a discount relative to its cash holdings. The company also mentioned its stock has declined 90% since March-end and has received $279 million in purchase orders from Randy Marion Automotive Group.

Portfolio Pulse from Adam Eckert

June 15, 2023 | 12:37 pm