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ANF

Abercrombie & Fitch Co. has partnered with Haddad Brands to expand the global reach of its abercrombie kids line. This partnership will leverage Haddad's expertise in licensed childrenswear and its global retail network.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:35 pm

INCY

Incyte (NASDAQ:INCY) announced positive topline results from its Phase 3 inMIND trial for tafasitamab (Monjuvi®) in combination with lenalidomide and rituximab in relapsed or refractory follicular lymphoma (FL). The trial met its primary endpoint of progression free survival (PFS) and key secondary endpoints. No new safety signals were observed. Incyte plans to file a supplemental Biologics License Application by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:34 pm

CING

Cingulate Inc. (NASDAQ:CING) shares surged over 159% following the announcement of a European patent for its ADHD treatment, CTx-1301. This patent expands Cingulate's intellectual property to 30 European territories, enhancing its global market presence. The company is also preparing to file a new drug application with the FDA.

Portfolio Pulse from Vaishali Prayag

August 15, 2024 | 8:18 pm

MDWD

MediWound's NexoBrid has received FDA approval for the treatment of pediatric patients with severe thermal burns.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:18 pm

PL

Planet Labs shares are trading higher following the announcement that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE), will launch on the Transporter-11 rideshare mission with SpaceX on August 16.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:09 pm

RGTI

Rigetti Computing has announced a novel chip fabrication process called Alternating-Bias Assisted Annealing (ABAA), which enhances qubit frequency targeting and 2-qubit gate execution. This technique is expected to boost performance and fidelity in their Novera and Ankaa-3 QPUs. The research has been published in Nature Communications Materials.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:08 pm

MSTX

Cryptocurrency markets are experiencing significant volatility, with major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin seeing notable declines. Bitcoin miners' profits have dipped, and long liquidations have spiked. Despite the downturn, some traders believe the market is nearing the end of its 'final weeks of pain.' Additionally, MSTX has launched as the first single-stock leveraged ETF for MicroStrategy stock, offering 175% exposure.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 8:06 pm

VCEL

Vericel Corporation (NASDAQ:VCEL) has received FDA approval for the pediatric use of NexoBrid for treating severe thermal burns. This approval expands the target customer base to include approximately 20 pediatric burn centers.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:06 pm

PL

Planet Labs announced that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE), will launch on the Transporter-11 rideshare mission with SpaceX on August 16.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:05 pm

LCID

TSLA

Lucid Group CEO Peter Rawlinson claims that Lucid's EV technology is significantly ahead of Tesla's, particularly in battery efficiency and range capacity. Rawlinson's comments could intensify the competition between Lucid and Tesla. Despite Lucid's technological advancements, the company faces financial challenges and has not met its vehicle sales forecasts. Tesla remains a strong competitor with some Model 3 versions showing high efficiency. Lucid's technology could lead to potential partnerships, such as with Hyundai and Aston Martin.

Portfolio Pulse from Chris Katje

August 15, 2024 | 7:59 pm