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AGRI

AgriFORCE Growing Systems' stock price increased following the announcement that the US Patent and Trademark Office (USPTO) granted the company Patent No. 11,895,958 for 'STRUCTURES FOR GROWING PLANTS (TO GENERATE MICRO-ENVIRONMENT CONDITIONS)'.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 3:51 pm

MNPR

Monopar Therapeutics shares surged following the announcement of receiving Human Research Ethics Committee clearance in Australia to start a Phase 1 dosimetry trial of its novel radiopharmaceutical, MNPR-101-Zr.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 3:20 pm

ETHUSD

Ethereum (ETH) has surged past $3,000, marking its first breach of this level since April 2022, with a 4% increase in the last 24 hours and a 30% rise since the start of 2024. This growth outpaces Bitcoin's 22% increase over the same period. The surge is attributed to anticipation around the U.S. SEC's potential approval of a spot Ethereum ETF and the upcoming Dencun upgrade, including EIP-4844, which aims to enhance transaction scalability and reduce fees. Market predictions indicate a 45% chance of the SEC approving a spot Ethereum ETF by May 31, with brokerage firm Bernstein estimating a 50% chance by May and a near-certain approval within the next 12 months.

Portfolio Pulse from Murtuza Merchant

February 20, 2024 | 3:04 pm

AMH

AVB

SPY

The U.S. Supreme Court has decided not to hear a challenge by landlords against rent stabilization laws, leaving the current regulations in place. This decision affects various real estate investment trusts (REITs) and the broader market, as indicated by the mention of SPY, which tracks the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:34 pm

BTTX

Better Therapeutics has been granted FDA Breakthrough Device Designation for its digital therapeutic platform aimed at treating advanced liver disease. This designation is expected to expedite the development and review process of the platform, potentially leading to quicker market access.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:25 pm

FROG

JFrog Ltd. (NASDAQ:FROG) and Carahsoft Technology Corp. have announced a partnership to provide U.S. Government organizations with DevSecOps workflows to secure their software supply chains. This collaboration enables the public sector to access JFrog's platform through Carahsoft's distribution network, including NASA SEWP V and ITES-SW2 contracts, to ensure software compliance and security. The partnership aims to integrate security into the software development lifecycle, addressing the increasing threats and regulatory requirements faced by government organizations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:21 pm

GFS

GlobalFoundries shares are trading higher following the announcement that the U.S. has awarded the company $1.5 billion in direct funding as part of the U.S. CHIPS and Science Act.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:12 pm

IOVA

Iovance Biotherapeutics Inc (NASDAQ:IOVA) shares surged following FDA approval for WuXi Advanced Therapies to begin analytical testing and manufacturing of AMTAGVI for Iovance at its Philadelphia site. This marks a significant step in commercial manufacturing of individualized T cell therapy for solid tumor cancer. Additionally, Iovance announced a stock offering of 23,014,000 shares at $9.15 each, aiming to raise approximately $211 million to support AMTAGVI's commercial launch and ongoing clinical programs. Chardan Capital raised IOVA's price target from $29 to $34.

Portfolio Pulse from Adam Eckert

February 20, 2024 | 1:54 pm

AZN

AstraZeneca Plc's Tagrisso, in combination with chemotherapy, received FDA approval for treating certain lung cancers, showing significant improvement in patient outcomes. Additionally, AstraZeneca and Daiichi Sankyo's marketing application for datopotamab deruxtecan was accepted by the FDA for treating nonsquamous NSCLC, demonstrating a significant improvement in progression-free survival.

Portfolio Pulse from Vandana Singh

February 20, 2024 | 1:54 pm

AMRC

Ameresco, Inc. (NYSE:AMRC) has announced the commencement of operations at its 5.2 MWe renewable natural gas (RNG) plant at Republic Services' Brickyard Landfill in Danville, Illinois. The facility is designed to reduce over 27,000 tons of carbon dioxide emissions annually by converting landfill gas into pipeline-grade RNG, which can be used as a low-carbon transportation fuel. This project aligns with Republic Services' sustainability goals and represents Ameresco's 12th renewable energy project with Republic, with another 10 in various stages of development. The initiative underscores both companies' commitment to decarbonization and sustainable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 1:44 pm