Singing Machine Up 28% On Launch Of New Party Accessory Product Line At Walmart

Shares The Singing Machine Company, Inc. (MICS) surges 28% on Tuesday after the company launched a new party accessory product line which will be available at Walmart.

MICS is trading on the Nasdaq at $2.03, up 28.48% or $0.45 per share. It has traded between $0.95 and $10.10 in the past 52-week period.

The company stated that its new party accessory “Celebration Mic” which features a variety of pre-recorded songs, multi-colored LED lights, and an integrated speaker will be available at approximately 866 Walmart stores nationwide. The Celebration Mic comes with a suggested retail price of $9.97.

D-Wave Quantum Up 16%

Shares of D-Wave Quantum Inc. (QBTS) are up 16% on Tuesday after the company announced that VINCI Energies and QuantumBasel launched a pilot project with D-Wave’s Quantum Technology to work on the research and development of a series of quantum-hybrid applications.

QBTS is trading on the New York Stock Exchange at $3.00, up 16.76% or $0.43 per share. It has traded between $0.39 and $13.23 in the past 52-week period.

The collaboration is set to use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap quantum cloud service to provide VINCI Energies with real-time access to quantum solutions.

Denver police investigating homicide at Federal Boulevard and 19th Avenue

Denver police on Tuesday were investigating a homicide west of downtown near the intersection of Federal Boulevard and 19th Avenue.

The identity of the victim was not released.

Police were working at the scene — a couple blocks northwest of Empower Field at Mile High — after responding to a report of a dead body shortly after midnight, according to agency postings on Twitter. Denver’s Office of the Medical Examiner is expected eventually to release the identity of the victim.

Other details about the victim, including their gender and age, or about the investigation were not available.

One person dead, one in custody after shooting in Highlands Ranch

One person is dead after a Tuesday morning shooting at a house in Highlands Ranch, and authorities have taken one person into custody.

Douglas County Sheriff‘s deputies responded at 8:25 a.m. to the shooting reported at the house on Timber Hawk Circle, according to an agency posting on Twitter.

Detectives at the scene were investigating. The identity of the victim and the person taken into custody were not released. Sheriff officials said there was no danger to the public.

This is a developing story.

U.S. Homebuilder Confidence Inches Up To Highest Level In Over A Year

With low existing inventory keeping demand for new homes solid, the National Association of Home Builders released a report on Tuesday showing an uptick in U.S. homebuilder confidence in the month of July.

The report said the NAHB/Wells Fargo Housing Market Index inched up to 56 in July from 55 in June. The slight increase matched economist estimates.

The housing market index increased for the seventh straight month, reaching its highest level since hitting 67 in June 2022.

“The lack of resale inventory means prospective home buyers who have not been priced out of the market continue to seek out new construction in greater numbers,” said NAHB Chairman Alicia Huey.

She added, “At the same time, builders are troubled over rising mortgage rates approaching 7% and continue to grapple with supply-side challenges, including ongoing scarcity of electrical transformer equipment and growing concerns about lot availability.”

The uptick by the housing market index came as the gauge measuring traffic of prospective buyers climbed to 40 in July from 37 in June, while the index gauging current sales conditions crept up to 62 from 61.

Meanwhile, the component charting sales expectations in the next six months fell to 60 in July from 62 in June, with the NAHB calling the decline a “reminder that housing affordability continues to be challenged by elevated interest rates.”

On Wednesday, the Commerce Department is scheduled to release a separate report on new residential construction in the month of June.

Biophytis Gains 34% On SEQENS To Produce Sarconeos Active Compound

Shares of Biophytis S.A. (BPTS) are gaining over 34% on Tuesday morning after the clinical-stage biotechnology company and SEQENS signed a partnership to produce sarconeos (BIO101) active compound.

BPTS is currently trading at $2.8900, up $0.7400 or 34.4186%, on a huge volume of 12.5 million shares, on the Nasdaq. The stock opened its trading at $3.0900 after closing Monday’s trading at $2.1500. The stock has traded between $2.1340 and $14.4000 in the past 52-week period.

Biophytis announced the conclusion of a master agreement for the production of the active compound in Sarconeos (BIO101), Biophytis’ main drug candidate developed for three indications: severe forms of Covid-19, sarcopenia and Duchenne muscular dystrophy.

SEQENS will produce the active ingredient in Sarconeos (BIO101) in France at its Villeneuve La Garenne plant, near Paris. This historic site was modernized and expanded in 2020 with the opening of a unit to produce high-potential active pharmaceutical ingredients (APIs). The production center is equipped with state-of-the-art infrastructures in line with SEQENS’ commitments to decarbonization and employee health and safety.

Alligator Pear Brings Tempura Gator Bites and New Orleans Cooking to Chelsea

A spinoff of a Tel Aviv restaurant in Hudson Square, New Haven-style pizzas at Grimm Artisanal Ales and more restaurant news.

By Florence Fabricant