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ADIL

Adial Pharmaceuticals (NASDAQ:ADIL) has advanced to the second cohort in its pharmacokinetics study of AD04, a treatment for Alcohol Use Disorder. The study, which began in June 2024, is expected to conclude in Q4 2024, with topline results anticipated in the same quarter. The results will inform the design of a Phase 3 Clinical Trial.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 12:00 pm

DNUT

Over the past three months, Krispy Kreme (NASDAQ:DNUT) has received mixed analyst ratings, with 3 bullish and 1 somewhat bullish ratings. The average 12-month price target is $14.75, down 7.81% from the prior average. Analysts have adjusted their price targets and ratings in response to market dynamics and company performance.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 12:00 pm

ADIL

Adial Pharmaceuticals has commenced patient dosing in the second cohort following the successful completion of the first cohort.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:00 pm

WMT

Jake Paul's personal care brand W has raised $14 million in seed and Series A funding, with a valuation north of $150 million. The brand, which launched exclusively in Walmart stores, aims to achieve $50 million in annual sales. The funding will support SKU and retailer expansion.

Portfolio Pulse from Chris Katje

July 23, 2024 | 12:00 pm

ADIL

Adial Pharmaceuticals has advanced to the second cohort in its pharmacokinetics study of AD04, a treatment for Alcohol Use Disorder. This progress marks a significant step in the development of the drug.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:00 pm

MESO

Mesoblast shares are trading higher after the company announced that the FDA accepted its Biologics License Application resubmission for Ryoncil in the treatment of children with steroid-refractory acute graft versus host disease.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:59 am

SOLV

TUSK

UPS

Market-Moving News for July 23rd: UPS reports Q2 2024 earnings miss, Solventum shares rise on Trian stake report, and Mammoth Energy Services surges after subsidiary's settlement agreement.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:56 am

LI

TSLA

XIACF

XIACY

XPEV

Xiaomi has received regulatory clearance to mass-produce electric vehicles independently, marking a significant milestone in its EV ambitions. Despite production bottlenecks and quality issues, Xiaomi's SU7 model has seen strong demand. The company plans to launch more models and increase its delivery targets. However, Xiaomi faces challenges such as anti-dumping tariffs in Europe and slowing demand in China.

Portfolio Pulse from The Bamboo Works

July 23, 2024 | 11:55 am

UPS

UPS reported Q2 2024 earnings with revenue and EPS missing estimates, leading to a cut in its annual outlook. Despite the negative results, UPS restarted its stock buyback program and announced the acquisition of Estafeta to enhance its global logistics capabilities. UPS shares are trading lower by 7.77% premarket.

Portfolio Pulse from Akanksha Bakshi

July 23, 2024 | 11:52 am

TUSK

Mammoth Energy Services shares are trading higher after the company announced its subsidiary, Cobra Acquisitions, entered into a release and settlement agreement with the Puerto Rico Electric Power Authority.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:52 am