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NKLA

PLUG

Nikola Corp (NASDAQ:NKLA) announced the opening of its first HYLA hydrogen refueling station in Southern California, aiming to fuel up to 40 Class 8 trucks daily. This marks the beginning of Nikola's plan to establish a significant hydrogen refueling network, with ambitions for up to 60 stations. Additionally, Ole Hoefelmann, with a 30-year background in hydrogen and former executive roles at Air Liquide and Plug Power Inc (NASDAQ:PLUG), has been appointed as president of Nikola's energy division. Nikola's stock was down 4.67% at $0.6941.

Portfolio Pulse from Adam Eckert

February 05, 2024 | 2:46 pm

MDAI

Spectral AI, Inc. (NASDAQ:MDAI) published a Letter to Shareholders detailing progress towards commercialization of its AI-driven DeepView System for wound care. Highlights include a $149 million BARDA contract, plans for revenue generation in the next three years, FDA and UKCA marking of its technology, promising clinical study results, and strengthening of the management team and Board.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:10 pm

MCD

During a conference call, a McDonald's executive stated that they anticipate the company's comparable sales growth to continue moderating in 2024 as it returns to a more normalized level of growth. Additionally, in the International Developmental Licensed (IDL) segment, meaningful improvement is not expected until there is a resolution in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:07 pm

SEIC

SEI has announced the appointment of Sean Denham as its new CFO, taking over from Dennis McGonigle. This strategic move could signal a new financial direction for the company.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:03 pm

INFA

Informatica, a leading data management company, has achieved the National Security Scheme (ENS) certification in Spain, marking a significant milestone in its commitment to providing secure data management solutions. This certification is a testament to Informatica's adherence to high security standards, potentially expanding its market reach and strengthening its position in the European market.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:02 pm

COGT

Cogent Biosciences announced it will present Part 1b data of its drug Bezuclastinib for treating non-advanced systemic mastocytosis at the 2024 AAAAI Annual Meeting. This could indicate positive progress in the drug's development.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:01 pm

AAPL

According to DigiTimes Alerts, sources indicate that Chinese suppliers dominate a significant portion of the supply chain for Vision Pro, a product associated with Apple Inc. (AAPL). This information highlights the reliance of major tech companies on Chinese manufacturing and supply networks.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:58 pm

PROC

Procaps Group's new CEO, Jose Vieira, issued a letter to shareholders outlining his immediate focus on strengthening the company's financial position and cash management. He emphasized a commitment to transparency, innovation, and collaboration, aiming for consistent growth and profitability. Vieira plans to implement immediate actions to improve the financial situation in the short term and is developing a clear strategy for sustainable growth.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:53 pm

CF

CF Industries Holdings has announced the appointment of Christopher Bohn as the new Executive Vice President and Chief Operating Officer (COO), effective February 1, 2024. This strategic move could signal a new direction or focus for the company's operations.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:33 pm

XTKG

X3 Holdings Co., Ltd. (NASDAQ:XTKG) announced a strategic roadmap for global expansion, targeting growth in digital technologies, bitcoin cryptomining, renewable energy, and agriculture technologies. The company plans to expand its digital trade platforms and services globally, develop bitcoin mining operations powered by sustainable energy, and pursue renewable energy projects and agriculture technologies to improve farm operations and reduce costs. CEO Stewart Lor emphasized the transformative journey and the focus on high-growth industries to drive innovation and create value.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:33 pm