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ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) has launched its most powerful microinverters, the IQ8P, in France and Spain, designed for high-powered solar modules. These microinverters support a peak output of 480 W and are compatible with solar modules up to 670 W DC. The launch includes a 25-year limited warranty and is part of the Enphase Energy System, which also features IQ Batteries and the IQ Combiner 3P for a comprehensive energy solution. The new product aims to enhance energy production, resilience, and independence for homeowners, with installers highlighting the benefits of fire safety, reliability, and maximized energy harvest.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:26 pm

PIXY

ShiftPixy, Inc. (NASDAQ:PIXY), a Florida-based human capital enterprise, announced its second asset purchase agreement to acquire a leading provider of human capital in the Western U.S. The acquired company, a market leader in recruitment, staffing, and HR solutions, boasts annual revenues over $50 million and a portfolio of 100 blue chip customers. This acquisition is part of ShiftPixy's strategy to expand its national market presence and leverage its technology in the Gig Economy.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:23 pm

GAN

GAN Limited (NASDAQ:GAN), a leading B2B and B2C internet gaming and sports betting provider, has officially appointed Mr. Brian Chang as Chief Financial Officer. Chang, who has been serving in an interim capacity since November 2022, brings extensive experience in financial reporting and process optimization. His focus will be on guiding GAN towards a successful merger with Sega Sammy Creation, Inc. Chang's appointment is backed by the board and is seen as a key step towards the merger's completion.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:21 pm

TPET

Trio Petroleum's stock is trading higher after the company announced borrowing $125,000 from its CEO, issuing an Unsecured Subordinated Promissory Note in the process.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 12:20 pm

SNSE

Sensei Biotherapeutics announced that its CFO will resign from all positions with the company effective April 10, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 11:49 am

BTCY

Biotricity Inc. announced its strategic expansion through a new partnership aimed at conducting cardiac screenings for patients with neurological issues. This move signifies the company's ongoing efforts to broaden its reach and capabilities in the healthcare sector.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 11:21 am

KSCP

Knightscope announced plans to significantly reduce its payroll expenses by over 30% in 2024 and consolidate its manufacturing operations from 13 facilities down to 1 to enhance process flow and efficiency. This strategic move aims to reduce real estate, inventory, and operating expenses.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 11:14 am

SHEL

Shell plc (NYSE:SHEL) is appealing a Dutch court's landmark climate ruling from 2021, which ordered the company to cut its carbon emissions by 45% by 2030 compared to 2019 levels. The appeal comes as Shell has already achieved over 60% of its target to halve emissions from its operations by 2030 versus 2016 and has adjusted its ambitions regarding customer emissions and retired its 2035 target for a 45% reduction in net carbon intensity. Shell plans to invest $10 billion-$15 billion in low-carbon energy solutions between 2023-2025. SHEL shares rose 1.19% in premarket trading.

Portfolio Pulse from Lekha Gupta

April 02, 2024 | 11:12 am

GE

GE Vernova, a division of General Electric, has outlined its financial outlook up to 2028, aiming for mid-single digit organic revenue growth, approximately $10 billion in operating profit, a 10% adjusted EBITDA margin, and a free cash flow conversion rate of 90-110%.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 10:45 am

MRC

MRC Global Inc. has appointed Daniel Silvers to its Board of Directors, effective immediately. Silvers will serve on the Board's Compensation and Environmental, Social, Governance and Enterprise Risk Committees. This move comes as part of an agreement with Engine Capital.

Portfolio Pulse from Charles Gross

April 02, 2024 | 10:35 am