Streetbeat News

Marketing

IRTC

iRhythm Technologies has been granted the CE Mark under the European Union's Medical Device Regulation for its Zio monitor and ZEUS system, allowing the company to market these products in the EU.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 1:28 pm

QCOM

SSNLF

The OnePlus 12R is set to launch with a 5,500mAh battery and an energy-efficient '4th Generation LTPO' display, aiming to compete with Samsung's Galaxy S24. OnePlus 12R is expected to offer high-end features at a more affordable price, potentially affecting the smartphone market in Asia, Europe, and the U.S. The OnePlus 12, featuring 24GB RAM and Qualcomm's Snapdragon 8 Gen 3 chipset, was launched in December 2023. Samsung's Galaxy S24, focusing on AI, will be announced at the 'Unpacked' event on Jan. 17, 2024.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 1:27 pm

BKNG

RYAAY

Ryanair Holdings PLC (NASDAQ: RYAAY) stock is trading lower after the company reported its December data, which included a 9% increase in guest count but a 1 percentage point decrease in load factor year-over-year. The company also announced that its flights were removed from several OTA websites, including Booking Holdings Inc. (NASDAQ: BKNG) platforms, due to regulatory pressures. This removal is expected to reduce short-term load factors by 1-2% in December and January and weaken yields. Ryanair plans to lower fares to mitigate the impact and does not anticipate a material effect on its FY24 traffic or profit after tax (PAT) guidance. RYAAY shares dropped 3.16% in premarket trading.

Portfolio Pulse from Lekha Gupta

January 03, 2024 | 12:39 pm

HROW

Harrow Health, Inc. has partnered with three healthcare technology platforms to expand the availability of VEVYE, its ophthalmic solution, in the United States. This strategic move aims to enhance patient access to VEVYE through innovative distribution channels.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:15 pm

LEAS

SEALSQ announced the launch of SEALCOIN, a new digital token and advanced cryptocurrency protocol, at the Davos Space IoT and Cybersecurity event on January 17. This development could signal SEALSQ's entry into the blockchain and cryptocurrency market, potentially expanding its business model and offerings.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:09 pm

PEV

Phoenix Motor Inc. announced that its subsidiary, EdisonFuture, will start accepting Bitcoin as a payment method. This move reflects the company's embrace of digital currencies and aligns with a growing trend among businesses to offer more flexible payment options to customers.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 12:05 pm

QCOM

SSNLF

Samsung Electronics Co Ltd. (OTCPK: SSNLF) is set to launch its new Galaxy S24 smartphone on Jan. 17, featuring AI capabilities such as real-time call translation and generative AI named 'Gauss'. The phone will also include Qualcomm Inc.'s (NASDAQ: QCOM) Snapdragon 8 Gen 3 chipset and may incorporate a titanium frame similar to Apple's iPhone 15 Pro. Samsung aims to sell over 35 million units of the Galaxy S24 series, a 10% increase from the Galaxy S23.

Portfolio Pulse from Rounak Jain

January 03, 2024 | 8:23 am

BYDDF

BYDDY

TSLA

BYD Co Ltd is rewarding its dealers with 2 billion yuan for meeting 2023 sales targets after outselling Tesla in Q4 global electric car sales. Dealers receive 666 yuan per vehicle sold. BYD's aggressive expansion and price cuts, along with securing a level 3 autonomous driving test license, aim to boost sales and maintain its lead over Tesla.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 7:26 am

QGEN

QIAGEN has expanded its presence in the Middle East by launching new regional headquarters and initiating significant projects. This strategic move aims to enhance the company's market position and capitalize on growth opportunities in the region.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 7:06 am

PLTR

Palantir Technologies (NYSE:PLTR) announced it will hold its first board meeting of the year in Tel Aviv, Israel, as a sign of solidarity with the country. Palantir has operated in Israel for a decade and has previously expressed support for Israel, especially during the conflict with Hamas. The company's AI software is used in various sectors, including public health and defense. Palantir's public stance has led to protests, such as the one by Healthcare Workers for Palestine at Palantir's UK office. Palantir's stock closed 3.44% lower at $16.58 and fell another 0.3% after-hours.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 3:57 am