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MSFT

Microsoft Co-Founder Bill Gates stated at a Goldman Sachs event that the key tech race to win is the development of a top AI agent, which will replace search engines, productivity tools, and Amazon. He expressed his admiration for the startup Inflection AI, backed by Reid Hoffman.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:34 pm

AVTE

Aerovate Therapeutics presents nonclinical pharmacokinetic data supporting AV-101, a novel dry powder inhaled formulation of imatinib, at the American Thoracic Society 2023 International Conference. The data shows increased lung exposure compared to oral or IV dosing, suggesting potential for improved therapeutic profile in treating pulmonary arterial hypertension. Aerovate is currently recruiting for the IMPAHCT Phase 2b/Phase 3 trial.

Portfolio Pulse from Happy Mohamed

May 22, 2023 | 5:29 pm

MA

Mastercard has partnered with HealthLock to launch an online platform aimed at protecting consumers from healthcare fraud, overcharges, and medical billing errors. The platform will initially be available to U.S.-issued HSA and FSA Mastercard cards, with plans to expand later in the year.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2023 | 5:20 pm

ENVB

Enveric Biosciences shares are trading lower after the company announced a manuscript detailing the development of novel psilocin prodrugs for the treatment of anxiety and other mental health disorders.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:17 pm

DKNG

Betr co-founders Jake Paul and Joey Levy discussed their company's strategy to create a better product and use their money wisely to attract customers and control their technology. They highlighted Betr's notable growth and the acquisition of the Chameleon platform for $7.5 million, comparing it to DraftKings' acquisition of SBTech for hundreds of millions of dollars.

Portfolio Pulse from Chris Katje

May 22, 2023 | 4:58 pm

MBOT

Microbot Medical Inc announced an extended joint preclinical animal study at a European-based research lab, with a 100% success rate in 48 catheterizations. The company plans on performing preclinical studies in the U.S. and other target markets, preparing for the commercialization of the LIBERTY Surgical Robotic System.

Portfolio Pulse from Vandana Singh

May 22, 2023 | 4:52 pm

LSDI

Lucy Scientific Discovery Inc. (NASDAQ:LSDI) has launched a new Amanita Muscaria mushroom-based product line called Mindful, aimed at enhancing wellbeing and promoting a mindful approach to life. The products are available through the company's online store, retail channels, and third-party platforms.

Portfolio Pulse from Lara Goldstein

May 22, 2023 | 4:51 pm

KRBP

Kiromic BioPharma has submitted an SEC filing for its Diamond Artificial Intelligence Platform, which aims to discover and develop cell therapies for lung cancer.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 4:49 pm

INTC

Intel showcased its HPC and AI product portfolio at ISC'23, including the Intel Data Center GPU Max Series 1550, which outperforms Nvidia H100 by 30% on scientific workloads. Intel also announced the Granite Rapids CPU and Falcon Shores GPU for future HPC and AI workloads. Argonne National Laboratory, Intel, and HPE are collaborating on an international initiative to develop generative AI models for science and society using the Aurora supercomputer.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 4:46 pm