Streetbeat News

Corporate Responsibility

ONDS

Ondas Holdings announced the re-appointment of Yishay Curelaru as CFO effective immediately, replacing Eric Brock who resigned from the interim CFO position on January 22, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:55 pm

V

Visa has announced a partnership with Red Bull Formula One teams, leading to a new team name, Visa Cash App RB Formula One Team. Visa becomes the first global partner, with its logo featured on both cars. The partnership also includes supporting an F1 Academy team to promote equality in sport.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:53 pm

ELV

During a conference call, an executive from Elevance Health expressed anticipation for stronger membership growth in the current year.

Portfolio Pulse from Charles Gross

January 24, 2024 | 1:48 pm

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH) has reduced its convertible debt by over $4M and plans a capital raise for a new AI venture. The company has made progress on its green data center projects, including Project Dorothy and Project Kati, and has signed a new 8.8 MW customer for Project Sophie. Soluna's data centers have been found to have an 18% lower carbon footprint than traditional data centers. Operational metrics and project updates were provided, with a focus on installed hashrate, power capacity, and energy consumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:29 pm

CBRL

LEG

WHR

The article highlights three consumer discretionary stocks with high dividend yields, as rated by Wall Street's most accurate analysts according to Benzinga's Analyst Stock Ratings. Leggett & Platt (LEG) has a dividend yield of 7.75% but faces a restructuring plan and workforce reduction. Cracker Barrel (CBRL) offers a 6.89% yield but reported worse-than-expected Q1 results. Whirlpool (WHR) has a 6.27% yield and plans to sell part of its stake in Whirlpool India in 2024.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:29 pm

AAPL

META

SPOT

Spotify will introduce in-app purchases for audiobooks and subscription plans on iPhones in Europe starting March, leveraging the new Digital Markets Act (DMA) to avoid Apple's 30% App Store fee. This move comes after a prolonged legal battle with Apple over its App Store policies. Apple is challenging the DMA and facing a separate $1 billion lawsuit from app developers. Meta Platforms has criticized Apple's App Store policies, advocating for more competition and distribution options for developers.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:24 pm

MRDB

MariaDB plc (NYSE:MRDB) has completed the spinoff of its geospatial business to CubeWerx, an independent company specializing in geospatial products and services. This move allows MariaDB to concentrate on its core product, the MariaDB Enterprise Server, while CubeWerx takes over the geospatial solution.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:18 pm

SRAD

Sportradar, a global provider of sports betting and sports entertainment products and services, has announced a new organizational structure that will consist of six business functions. The company has also reaffirmed its financial outlook for FY2023 and FY2024, indicating confidence in its future performance despite the reorganization.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:18 pm

RZLT

Rezolute, Inc. (NASDAQ:RZLT), a biopharmaceutical company, has appointed Daron Evans as Chief Financial Officer. Evans brings over 15 years of experience in the life science sector and will support Rezolute's late-stage development. In conjunction with his appointment, Evans received an inducement stock option grant of 275,000 shares at $1.02 per share, vesting over four years, with accelerated vesting if the company is acquired.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:15 pm

TWST

Twist Bioscience Corporation (NASDAQ:TWST) has expanded its Twist Express Genes service to include larger DNA preparations up to 1 milligram. The service, which offers a turnaround starting at five business days, now covers midiprep and maxiprep DNA preparations. This expansion enables researchers in various fields to access rapid gene synthesis at all scales, facilitating large scale experimentation and accelerating research and discoveries. Twist leverages its silicon-based DNA synthesis platform and the expanded layout of its Wilsonville facility to deliver these services with dynamic pricing.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:10 pm