The AI wound care medical company, SpectralAI (MDAI) is also a PRISM NextGen Tech and AI Index company and has announced it’s reached 50% enrollment at burn centers for its ongoing US burn study. This study is designed to test and validate the SpectralAI DeepView System algorithm that is used for burn indications. The study… [Read More]
PRISM NextGen Tech and AI Index company, Dous Technologies (DOUT) who utilizes AI technology within railway systems and railway operator Canadian Pacific KC (CP), are poised to embark on an ambitious journey as they seal a three-year agreement. This partnership signals a significant milestone, propelling both entities forward into a future brimming with possibilities. The… [Read More]
The cyber-hardened rapid deployment networking for IoT solutions company Actelis Networks, Inc. (ASNS), has announced the receipt of new orders that will supply three military bases with cyber hardened networking technology which will further its momentum with US military. These additional orders were obtained shortly after Actelis’ recent accomplishment related to its successful cybersecurity certifications… [Read More]
As the market anticipates the upcoming US jobs report, stocks and bonds have seen a downturn. This report is crucial as it will influence the Federal Reserve’s future decisions. On the brink of this significant economic indicator, equity markets have pulled back from their peaks, with traders hesitant to place substantial bets prior to the… [Read More]
June 06, 2024
Stocks making the biggest moves before the bell: Robinhood, Nvidia, Lululemon, Five Below and more
Stay updated on the companies making waves in the premarket trading scene: Robinhood — The digital brokerage surged over 3% following the announcement of a $200 million agreement to acquire cryptocurrency exchange Bitstamp. The acquisition is anticipated to conclude in the first half of 2025. Nvidia — The AI powerhouse saw a 1.8% increase as… [Read More]
Surrozen, Inc. (Nasdaq: SRZN), has dosed the first patient in a Phase 1b clinical study of SZN-043 in patients with severe alcohol-associated hepatitis. The open-label, multi-center clinical trial will enroll approximately 30 patients and will evaluate SZN-043, the company’s first development candidate using Surrozen’s SWEETS™ technology. Commenting on the news, Craig Parker, President and Chief… [Read More]
Global biopharmaceutical company, Structure Therapeutics Inc. (Nasdaq: GPCR), has officially entered the obesity therapeutics race this week. The company’s shares climbed after it announced positive 12-week topline obesity data from its Phase 2a study of GSBR-1290, and positive topline results from its capsule to tablet PK study. Structure said that both studies achieved their primary… [Read More]
June 05, 2024
ASCO 2024: Breakthroughs in Breast Cancer
The American Society of Clinical Oncology (ASCO) annual meeting is one of the largest gatherings of oncology professionals globally, and this year’s event showcased numerous significant breakthroughs. In breast cancer, research highlights included a study finding that most women aged 40 or younger diagnosed with early-stage breast cancer are able to have children after completing… [Read More]
June 05, 2024
Stocks making the biggest moves premarket: Hewlett Packard Enterprise, Instacart, CrowdStrike and more
Get the latest on companies generating buzz in the market ahead of the trading day. Cybersecurity giant, CrowdStrike, witnessed a 10% surge in its shares following impressive first-quarter results and a promising outlook. With adjusted earnings of 93 cents per share on revenue of $921 million, the firm exceeded LSEG’s prediction of 89 cents on… [Read More]
June 04, 2024
PRISM MarketView Highlights Soligenix’s Promising HyBryte™ Replication Trial: Setting the Stage for Success
Chronic Cancer, Key Achievements and the Pathway to Regulatory Success The late-stage biopharmaceutical company, Soligenix, Inc. (Nasdaq: SNGX), is working to address a critical gap in treatment of rare and chronic cancer, cutaneous T-cell lymphoma (CTCL). CTCL is a cancer of the white blood cells, called T-cells, which are an integral part of the immune… [Read More]
Shares in biotechnology company, Quince Therapeutics (Nasdaq: QNCX), climbed on Monday morning before settling up +5.66% at the close of trading, and rising an additional 3.80% after the market close. The company announced that the FDA has granted Fast Track designation for its EryDex System for the treatment of patients with Ataxia-Telangiectasia (A-T). A-T is… [Read More]
June 04, 2024
Designer Brands (DBI) Provides Q1 Results, Investors “Fashion” A Sell Off on News, Down ~20%
Today the global designer, manufacturer and retailer of footwear and accessories Designer Brands, Inc. (DBI), provided their Q1 financial results that missed on EPS ($0.08 vs StreetAccount $0.13) but beat on revenues ($746.6M vs FactSet $737.3M). FY guidance was reaffirmed on EPS and net sales growth which is low single digits% y/y. The announcement was… [Read More]