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TCNNF

Florida Governor Ron DeSantis criticized Trulieve Cannabis Corp (OTC:TCNNF) for alleged Canadian ties in his opposition to Florida's cannabis legalization measure, Amendment 3. Trulieve clarified that it is a Florida-based company, with its only Canadian connection being a holding company for stock trading purposes.

Portfolio Pulse from Maureen Meehan

August 14, 2024 | 10:26 pm

CMCSA

The 2024 Summer Olympics in Paris saw a significant increase in U.S. viewership, with over 30 million viewers. Comcast Corporation (NASDAQ:CMCSA) benefited from this surge, potentially boosting its Peacock streaming platform subscribers. A Benzinga poll revealed that 51% of respondents did not watch any events, while Simone Biles and Steph Curry were highlighted as the most compelling athletes.

Portfolio Pulse from Chris Katje

August 14, 2024 | 10:17 pm

INCY

SNDX

Incyte and Syndax have received FDA approval for Niktimvo (axatilimab-csfr), an anti-CSF-1R antibody, to treat chronic graft-versus-host disease (GVHD) in patients who have failed at least two prior lines of systemic therapy.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:55 pm

ASTS

AST SpaceMobile Inc (NASDAQ:ASTS) reported Q2 earnings with sales of $900,000 and an adjusted loss of 51 cents per share, missing analyst estimates. The company highlighted a $100 million strategic investment by Verizon and announced the arrival of its first five commercial satellites for a September launch. AST SpaceMobile shares rose 2.11% after-hours.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 9:17 pm

USAS

Americas Gold and Silver Corporation (NYSE: USAS) has signed a Credit and Off-Take Agreement with Trafigura PTE Ltd. for the development of its EC120 Project. The agreement provides a secured credit facility of up to $15 million to complete pre-production development, with initial draws expected to be $10 million. The project is anticipated to begin producing high-grade silver-copper concentrate by Q3-2025, significantly boosting the company's silver revenue.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:15 pm

BVNRY

EBS

GOVX

SIGA

The World Health Organization (WHO) has declared an international public health emergency over mpox due to a significant rise in cases, particularly in Africa. This has led to increased trading activity in stocks related to mpox vaccines and treatments, including Bavarian Nordic, Emergent Biosolutions, GeoVax Labs, and SIGA Technologies.

Portfolio Pulse from Chris Katje

August 14, 2024 | 8:58 pm

Empire Petroleum Chairman Phil Mulacek announced that the company expects further production improvements in North Dakota throughout 2024 and 2025 by integrating insights from seismic surveys and completing EOR infrastructure.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:43 pm

ASTS

AST SpaceMobile announced that its first five commercial satellites are on track for a dedicated orbital launch in the first half of September. As of June 30, 2024, the company had $287.6 million in cash, cash equivalents, and restricted cash.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:42 pm

DFEN

ITA

MISL

PPA

RTX

SHLD

RTX Corporation (NYSE:RTX) has developed the AIM-174B, the longest-range air-to-air missile, which could give the U.S. an advantage in the South China Sea. The missile, with a range of 250 miles, surpasses the AIM-120 AMRAAM and China's PL-15 missile. RTX recently reported strong Q2 results, beating analyst expectations. Several aerospace and defense ETFs, including ITA, DFEN, MISL, SHLD, and PPA, saw gains.

Portfolio Pulse from Michael Juliano

August 14, 2024 | 8:39 pm

SHPH

Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:SHPH) announced the initiation of a Phase 2 clinical trial for Ropidoxuridine, a radiation sensitizer, for the treatment of glioblastoma. The trial will enroll 40 patients to determine the optimal dose and aims to improve survival rates for this aggressive brain tumor.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:38 pm