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PUBM

PubMatic announced its plan to reinvest its 2023 profits into expanding its team. This strategic move aims to strengthen the company's position and capabilities in the market.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:11 pm

BLZE

Backblaze, Inc. (NASDAQ:BLZE) announced it has earned inclusion in StateRAMP's Progressing Snapshot and the TX-RAMP Provisional programs, standardizing security requirements for SLED institutions. This achievement enhances Backblaze's security profile, making its storage solutions more accessible to a wider public sector, including those in Texas requiring TX-RAMP for procurement.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:06 pm

BYND

Beyond Meat, Inc. (NASDAQ:BYND) has launched a new and expanded line of Beyond Crumbles, now available in the U.S. These plant-based crumbles come in three flavors and are certified by the American Heart Association and the American Diabetes Association. The products are designed to be a healthy protein option with low saturated fat and no cholesterol. This launch is part of Beyond Meat's ongoing efforts to innovate and provide healthier food options, following the certifications of Beyond Steak and the announcement of the Beyond IV platform.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:01 pm

NKE

SN

SharkNinja Inc (NYSE:SN) has appointed Patraic Reagan, a former Nike Inc. (NYSE:NKE) executive, as its new CFO effective April 22, 2024. Reagan's experience includes serving as CFO for Nike's Asia, Pacific, and Latin America segment. Larry Flynn, the Interim CFO since June 2023, will resume his role as Chief Accounting Officer. SharkNinja's shares closed higher by 3.37% at $62.94 following the announcement.

Portfolio Pulse from Shivani Kumaresan

March 28, 2024 | 12:56 pm

BLK

NKLA

NVDA

TSLA

The crypto market cap surpasses $2.6 trillion, driven by Dogecoin's spike and BlackRock's successful Bitcoin ETF. In US markets, Nvidia is removed from Piper Sandler's model portfolio, and the S&P 500 hits a new record. Biden's comprehensive policy for federal AI use is unveiled, amid various political and economic developments globally. In tech, significant investments in AI and lithium signal industry confidence. The electric vehicle sector sees mixed fortunes, with Tesla adjusting to Mexico's EV charging rules and Nikola launching a hydrogen fueling station.

Portfolio Pulse from Akanksha Bakshi

March 28, 2024 | 12:49 pm

SBOW

SilverBow Resources reported a Q4 net income of $183M, or $7.12 per share, and highlighted its strategic implementation and business momentum. The company rejected Kimmeridge's proposal, deeming it undervalues SilverBow, and emphasized the need for due diligence on Kimmeridge Texas Gas (KTG) assets. SilverBow launched a website for shareholder information and filed a preliminary proxy statement for its 2024 annual meeting. The company also outlined governance enhancements and its commitment to shareholder value, citing significant progress and positive business momentum, including record Q4 results and a transformative acquisition in South Texas.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:43 pm

CEI

Camber Energy has announced the issuance of an additional US patent, which covers transmission line ground fault prevent systems. This development could enhance the company's intellectual property portfolio and potentially open up new revenue streams through licensing or implementation of the technology.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:42 pm

DYAI

Dyadic International has announced the immediate appointment of Patrick Lucy as its new Chairman, succeeding Michael Tarnok.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:37 pm

BALY

Bally's Corporation's special committee has engaged Macquarie Capital and law firms Potter Anderson & Corroon LLP and Sullivan & Cromwell LLP to evaluate a preliminary acquisition proposal from Standard General. No decisions have been made regarding the proposal, and there's no guarantee of a definitive offer or transaction completion.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:33 pm

BWAY

BrainsWay announced the publication of post-marketing analysis results on late-life depression in the Journal of Clinical Medicine. The study likely showcases the effectiveness of BrainsWay's technology in treating this condition, which could influence the company's reputation and potentially its financial performance.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:10 pm