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NTR

Nutrien has expressed concerns over potential labor action that could impact rail service and product movement. The company is taking proactive measures to mitigate the impact on customers, with the effects dependent on the duration of the disruption.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:46 pm

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CURL

GTBIF

Sackville & Co., a cannabis design company founded by Lana Van Brunt and Hayley Dineen, regained control of their company after a legal battle with 48North. They have since thrived, collaborating with high-profile clients like Curaleaf, GTI, and Cresco Labs. The company focuses on creating art-inspired cannabis accessories and is committed to social justice initiatives.

Portfolio Pulse from Rolando García

August 15, 2024 | 2:41 pm

BMY

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MRK

The Biden administration announced that Medicare's newly negotiated prescription drug prices, expected to save the U.S. government $6 billion in the first year, will take effect in 2026. This initiative, part of the Inflation Reduction Act, aims to lower healthcare costs for Medicare recipients. Key drugs impacted include Bristol Myers Squibb's Eliquis, Merck's Januvia, Johnson & Johnson's Imbruvica, and Eli Lilly's Jardiance. Despite the savings, the direct benefit to patients remains unclear.

Portfolio Pulse from Vandana Singh

August 15, 2024 | 2:38 pm

TPST

Tempest Therapeutics shares are trading higher following positive feedback from the FDA on their end-of-Phase 2 meeting for amezalpat in combination with atezolizumab and bevacizumab to treat first-line unresectable or metastatic hepatocellular carcinoma.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:34 pm

PRFT

Perficient has launched Scarlett, an AI-powered chatbot designed to enhance productivity and operational efficiencies on a global scale.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:32 pm

VERI

Veritone shares are trading higher after the company announced its media and entertainment solutions are available in the AWS marketplace.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:23 pm

ANew Medical

ANew Medical shares are trading higher following the announcement of a new US patent for their Klotho gene therapy, which targets neurodegenerative diseases.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:21 pm

BKYI

BIO-key International, Inc. (NASDAQ:BKYI) has listed its PortalGuard IDaaS platform on the AWS Marketplace to expand its global reach. Despite this strategic move, the company reported a decline in Q2 revenues to $1.14 million from $1.9 million year-over-year, missing the consensus of $1.95 million. The revenue drop was attributed to delayed software license fees and reduced project-related services revenue. However, the net loss improved to $1.7 million from $2.6 million, and gross profit rose significantly. The company expects to benefit from stringent regulatory standards and cyber insurance requirements.

Portfolio Pulse from Akanksha Bakshi

August 15, 2024 | 2:19 pm

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Ford Motor Co (NYSE:F) shares rose by 2.8% to $10.47 following strong U.S. retail sales data, particularly in the automotive sector. U.S. retail sales surged by 1% in July, with motor vehicle and parts dealers seeing a 3.6% increase. This positive economic indicator is expected to boost Ford's sales and revenue prospects.

Portfolio Pulse from Henry Khederian

August 15, 2024 | 2:19 pm

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TSLA

Tesla Inc (NASDAQ:TSLA) shares are trading higher by 5.77% to $213 due to stronger-than-expected retail sales, indicating increased consumer demand and confidence. This could boost expectations for higher vehicle sales for Tesla. The rise in major indexes like Invesco QQQ Trust (NASDAQ:QQQ) and SPDR S&P 500 ETF Trust (NASDAQ:SPY) also supports Tesla's stock price.

Portfolio Pulse from Henry Khederian

August 15, 2024 | 2:18 pm