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ACHR

Archer Aviation has delivered its first Midnight aircraft to the U.S. Air Force for evaluation under the AFWERX Agility Prime contract, which is valued at up to $142 million. The delivery follows the U.S. Department of Defense's acceptance of the aircraft's military airworthiness assessment.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:07 pm

SHIBUSD

Shiba Inu's (SHIB) burn rate has dropped by 45% in the last two days, causing concern among traders. Despite this, the Shiba community launched ShibHub, an app to enhance the Shiba ecosystem. Technical indicators show mixed signals, with RSI close to bearish levels but potential bullish momentum if certain moving averages cross.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 1:07 pm

MGM

MGM Resorts International and Grupo Globo have formed a new venture to seek a sports betting and iGaming license in Brazil. If approved, the venture will launch in early 2025 under the BetMGM brand.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:06 pm

BX

Blackstone has acquired a majority stake in M3, a leading hotel accounting software and services provider. The investment, made in partnership with the Asian American Hotel Owners Association (AAHOA), aims to accelerate M3's growth and product expansion.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:05 pm

SNAL

Snail Games USA has launched a new AAA title called 'For The Stars'.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:04 pm

SGD

Safe and Green Development (SGD) has expanded its joint venture in Edinburg, Texas by acquiring 22 additional single-family lots. This acquisition builds on a previous one and is expected to close within 60 days. The company aims to deliver all homes by the end of Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:04 pm

EDBL

Edible Garden AG Incorporated (NASDAQ: EDBL) has launched a new e-commerce site, VitaminWhey.com, for its Vitamin Whey line of whey and plant protein powders under the Vitamin Whey and Vitamin Way brands.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:03 pm

ESTC

Elastic has announced the launch of Elastic Distributions of OpenTelemetry (EDOT) to enhance infrastructure and application monitoring. This new offering aims to provide deeper insights, troubleshooting capabilities, and enterprise-grade support for Site Reliability Engineers (SREs) and developers using Elastic Observability.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:03 pm

ZEPP

Zepp Health Corporation (NYSE: ZEPP) has partnered with Wild.AI to integrate a women's health and wellness app into Amazfit smartwatches, starting with the Amazfit Active series. This collaboration focuses on female physiology and training needs, offering advanced health management solutions for female users at no cost.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:02 pm

SIGA

The National Institutes of Health’s National Institute of Allergy and Infectious Diseases (NIAID) announced that SIGA Technologies' antiviral tecovirimat did not meet its primary endpoint in a study for treating monkeypox virus in the Democratic Republic of the Congo. The study showed no statistically significant improvement in lesion resolution within 28 days. SIGA's stock dropped 38.3% following the news.

Portfolio Pulse from Vandana Singh

August 15, 2024 | 1:01 pm