Streetbeat News

Corporate Responsibility

SWAG

Stran & Company has postponed its Q1 earnings conference call due to the dismissal of its former independent registered public accounting firm. The company, which may be associated with the ticker SWAG, is in the process of addressing this significant change.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:34 pm

LPA

Logistic Properties of the Americas (LPA) has appointed Annette Fernandez as its new Chief Operating Officer and Paul Smith as the Chief Financial Officer. These strategic appointments aim to strengthen LPA's leadership team as the company continues to expand its operations.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:31 pm

DCI

Donaldson Company, Inc. (NYSE:DCI) and PolyPeptide Group AG have announced a collaboration to develop a solvent recovery system for peptide purification, aiming to improve sustainability and efficiency in peptide manufacturing.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:25 pm

QUIK

QuickLogic announced it is on track to achieve a 30% revenue growth and positive cash flow in 2024, indicating a strong financial outlook.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:18 pm

GVP

GSE Solutions, a company focused on advanced engineering and workforce solutions for clean-energy production and decarbonization initiatives, has appointed Damian DeLongchamp as its new Chief Operating Officer (COO).

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:18 pm

INTC

QCOM

SMH

SOXL

SOXX

China's commitment of $142B to semiconductor sovereignty highlights a global race in chip industry dominance, with the U.S. responding through the CHIPS Act, allocating billions in subsidies, loans, and tax breaks to bolster domestic production. U.S. companies like Micron Technology and Intel are set to benefit, while export restrictions target China's access to advanced semiconductor technology. The global effort includes significant investments from Europe, Japan, and India, aiming to secure chip supply chains and reduce dependency on foreign production.

Portfolio Pulse from Natan Ponieman

May 13, 2024 | 8:08 pm

STXS

Stereotaxis, a leader in robotic technologies for the treatment of cardiac arrhythmias, has signed a definitive agreement to acquire Access Point Technologies, a company specializing in electrophysiology and related medical fields. This strategic acquisition aims to enhance Stereotaxis' product offerings and market presence in the electrophysiology sector.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:03 pm

NTES

NetEase Inc issued an apology for the 'excessively restrictive terms' in the Marvel Rivals game content creator contracts, which banned creators from making negative reviews. The backlash came to light after streamer Brandon Larned criticized the clause. NetEase plans to revise the contract to support creators' freedom of expression better.

Portfolio Pulse from Franca Quarneti

May 13, 2024 | 8:03 pm

AAPL

GOOG

GOOGL

HOOD

PYPL

PayPal Holdings Inc (NASDAQ:PYPL) is holding its ground in the digital payments sector despite competition from Big Tech companies like Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), and new entrants like Robinhood (NASDAQ:HOOD). PayPal reported a 14% increase in total payment volumes to $403.9 billion for the quarter ended March 31, with net revenue up 10% to $7.7 billion. The company has lifted its full-year adjusted profit guidance, signaling confidence in its growth trajectory and focus on profitable growth through cost discipline and service enhancements.

Portfolio Pulse from Upwallstreet

May 13, 2024 | 7:40 pm

USDTUSD

XRPUSD

Tether CEO Paolo Ardoino responded to Ripple CEO Brad Garlinghouse's criticism of USDT, emphasizing its role in global finance and its compliance with regulatory standards. Ardoino defended USDT's stability, liquidity, and the company's efforts against illegal activities, highlighting its collaboration with law enforcement worldwide.

Portfolio Pulse from Murtuza Merchant

May 13, 2024 | 6:31 pm