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REBN

Reborn Coffee Inc (NASDAQ:REBN) shares surged by 40% to $3.90 after announcing a Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co. to expand into China. The partnership will establish Reborn Coffee's presence in Shenyang, the capital of Liaoning Province, and aims for further expansion across the province.

Portfolio Pulse from Henry Khederian

August 14, 2024 | 1:34 pm

SAVE

Spirit Airlines has announced four new travel options, expanding its service offerings.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:33 pm

ACB

TLRY

Khalifa Kush, a cannabis brand founded by Wiz Khalifa, is set to enter the German medical cannabis market in early 2025 through a partnership with Sanity Group. The brand will introduce two exclusive strains in over 3,000 pharmacies. The German medical marijuana market is projected to reach €1.7 billion by 2025, attracting global companies like Aurora Cannabis and Tilray.

Portfolio Pulse from Nina Zdinjak

August 14, 2024 | 1:30 pm

MNPR

Monopar Therapeutics shares are trading higher following the announcement that no serious adverse reactions were reported from the first patient initial data in its radiopharma Phase 1 clinical trial of MNPR-101-Zr.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:29 pm

GNPX

Genprex reports positive updates from its Acclaim-1 and Acclaim-3 Phase 1/2 clinical trials in lung cancer, showing prolonged progression-free survival and partial remission in patients. The company is refocusing its oncology clinical development program and advancing work on biomarkers to enrich clinical trial patient populations.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:28 pm

AAPL

CWI

NVDA

TSM

XNTK

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) has approved $29.62 billion in capital appropriations for enhancing chip manufacturing and expanding packaging technology. The company is also exploring panel-level fan-out technology and plans to invest $28-$32 billion this year in new facilities. TSM's board approved a $7.5 billion capital injection into its Arizona operations. The company has seen significant growth due to the AI wave, with a 45% revenue increase in July and expected Q3 revenue growth of 37%. Morgan Stanley named TSM a 'top pick.'

Portfolio Pulse from Anusuya Lahiri

August 14, 2024 | 1:28 pm

TSM

TSMC's production capacity for CoWoS packaging is expected to grow at a CAGR of over 50% through 2028, according to DIGITIMES Research.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:27 pm

NVDA

Nvidia's Blackwell GPU launch is delayed by one quarter to Q1 2025. Supply chain sources consider the delay manageable.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:26 pm

DGLY

Digital Ally Inc (NASDAQ:DGLY) shares surged by 62% to $1.38 after the company was granted a U.S. Patent for a system that tracks and analyzes drivers within a fleet of vehicles. This system addresses critical needs in fleet management, such as real-time monitoring, incident reporting, and driver behavior analysis, potentially leading to new contracts or partnerships and boosting revenue projections.

Portfolio Pulse from Henry Khederian

August 14, 2024 | 1:25 pm

BABA

PNQI

SE

XNTK

Alibaba's Lazada achieved its first monthly profit in July 2024, driven by AI-enabled operations and improved logistics. Despite this, Lazada faces strong competition from Sea Limited's Shopee. Alibaba's international commerce retail business saw a 45% revenue increase in Q4, but its stock has declined over the past year due to domestic challenges.

Portfolio Pulse from Anusuya Lahiri

August 14, 2024 | 1:23 pm