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SLNH

Soluna Holdings, Inc. (SLNH) announced its January business update, highlighting a mining output of 44 BTC compared to 47 BTC in the previous month. The update includes corporate highlights such as attending the DealFlow MicroCap Conference, achieving a high Net Promoter Score, and airing Season 4 of the Clean Integration podcast. Key project updates include the temporary shutdown of Project Dorothy 1A/1B during extreme weather for grid stability, the launch of construction and equipment tenders for Project Dorothy 2, nearing completion of two new customer deployments for Project Sophie, and progress in ERCOT planning and commercial agreements for Project Kati.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:11 pm

AAPL

META

MSFT

Apple Inc. has launched a new AI image editing tool, MGIE, allowing users to edit photos with text prompts. Developed with the University of California, Santa Barbara, MGIE uses multimodal language models for edits and is available on GitHub and Hugging Face Spaces. This marks Apple's significant move into the generative AI space, aligning with CEO Tim Cook's plans to integrate more AI features into Apple devices. The launch comes amid ethical concerns over AI in image generation, highlighted by a Stanford study and comments from Microsoft CEO Satya Nadella.

Portfolio Pulse from Benzinga Neuro

February 08, 2024 | 1:05 pm

UCAR

U Power Limited (NASDAQ:UCAR) shares surged in the premarket session on Thursday following the appointment of Jean Christophe von Pfetten as an independent director and member of various committees, effective February 1, 2024. This comes after Bo Lyu's resignation and a significant share price drop over the last year. U Power received a Nasdaq compliance warning in January but also signed a memorandum with Cornerstone Technologie to develop a strategic business relationship, aiming to increase visibility for their battery swapping stations. UCAR shares rose by 47.95% to $0.0975 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

February 08, 2024 | 12:55 pm

GM

General Motors (GM) has hired a leading expert in next-generation battery technology to spearhead its battery development efforts, aiming to enhance its position in the electric vehicle (EV) market. This strategic move underscores GM's commitment to innovation and its ambition to be a frontrunner in the EV industry.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:33 pm

COP

ConocoPhillips has provided its 2024 outlook, projecting capital expenditures of $11.0 to $11.5 billion, and production guidance of 1.91 to 1.95 MMBOED. The first quarter of 2024 is expected to see production between 1.88 to 1.92 MMBOED. The outlook also includes adjusted operating costs of $8.9 to $9.1 billion, an adjusted corporate segment net loss of $1.0 to $1.1 billion, and depreciation, depletion, and amortization costs of $9.4 to $9.6 billion, excluding special items.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 12:05 pm

CLNE

Clean Energy Fuels announced the successful completion and operational launch of its new renewable natural gas (RNG) production facility at Tri-cross Dairy in Viborg, South Dakota. This marks a significant step in the company's efforts to expand its RNG production capabilities.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:55 am

OPY

Oppenheimer & Co. Inc. has announced the appointment of Kristin Stephens and David Moffett as Managing Directors of its Public Finance team. This move is part of the company's efforts to strengthen its position in the public finance sector.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:08 am

CURO

CURO Group Holdings Corp. announced the expiration and results of its consent solicitation for the 7.500% Senior 1.5 Lien Secured Notes due 2028. The solicitation was aimed at obtaining consent from the note holders for certain proposed amendments to the terms of the notes.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:07 am

UCAR

U Power announced the appointment of Jean Christophe von Pfetten as an independent director, following the resignation of Bo Lyu from the board of directors on January 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 10:19 am

FSM

Fortuna Silver Mines has announced its commitment to reducing GHG emissions by setting a target for 2030 and outlining long-term objectives up to 2050. The company plans to achieve these goals through investments in technology, energy efficiency initiatives, and renewable energy.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 10:06 am