Streetbeat News

Partnerships

BMRA

Biomerica, Inc. (NASDAQ:BMRA) announces significant advancements and expansion of its inFoods IBS product, including the activation of over 30 new GI physician groups nationwide and discussions with large non-GI physician groups. This expansion reflects growing adoption within the medical community and positions the company for increased product revenue growth.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 11:54 am

PEV

Phoenix Motor Inc. (NASDAQ:PEV) shares surged in premarket trading after the company provided strong revenue guidance for Q1 FY24, forecasting $8 million-$9 million compared to $1.8 million in Q1 2023. The increase is attributed to strategic initiatives, including acquiring Proterra's transit business and launching new products. CEO Denton Peng highlighted the company's focus on electric vehicles and sustainable transportation. Additionally, Phoenix Motor plans to open an AI development center in Silicon Valley and has partnered with InductEV for wireless charging technology integration.

Portfolio Pulse from Lekha Gupta

April 15, 2024 | 11:49 am

SMX

SMXWW

SMX (Security Matters) PLC has successfully completed a proof of concept for ethical sourcing and authentication of silver in cooperation with SMI. This development marks a significant step for SMX in digitizing physical objects for a circular economy, potentially setting a new standard in the precious metals industry for ethical sourcing and authentication.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 11:12 am

CLWT

Euro Tech Holdings announced the formation of a new 'White Label' BWTS business partnership in Greece through its majority-owned subsidiary, Yixing PACT Environmental Technology Co., Ltd. This partnership involves an exclusive sales distribution and OEM agreement with ERMA FIRST ESK Engineering Solutions S.A.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 11:03 am

PLTR

Palantir Technologies Inc. (PLTR) is part of the Colorado-Wyoming Regional Innovation Engine team that won the US National Science Foundation's first Regional Innovation Engines program grant. This award places the team, led by Innosphere Ventures, as a leader in the US environmental and climate technology sector.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 11:01 am

APPS

INTC

PXLW

The article highlights three oversold tech stocks with potential for growth: Pixelworks, Inc. (PXLW), Digital Turbine, Inc. (APPS), and Intel Corporation (INTC). Oversold status is determined by the RSI, a momentum indicator, with a value below 30 indicating potential undervaluation. PXLW and APPS reported disappointing financial results, while INTC expanded its partnership with Infosys Limited (INFY), aiming to boost AI initiatives.

Portfolio Pulse from Avi Kapoor

April 15, 2024 | 10:50 am

GTLS

Chart Industries, Inc. (GTLS) has been selected to provide critical liquefaction equipment for the Cedar LNG project, including natural gas liquefaction cold boxes and brazed aluminum heat exchangers.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:35 am

AKAM

NVDA

Akamai Technologies, Inc. has introduced a new cloud service for the media and entertainment industry, leveraging NVIDIA's RTX 4000 Ada Generation GPU to enhance video processing efficiency and productivity. This addition to Akamai's cloud portfolio aims to address the growing demand for faster and more efficient video content processing.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:31 am

RVTY

Revvity announced the launch of Signals Synergy, a new software solution aimed at enhancing collaboration, project management, and data exchange between pharmaceutical and biotechnology sponsors and their external contract partners. This initiative is expected to streamline operations and improve efficiency in the pharmaceutical and biotechnology sectors.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:29 am

KBR

KBR (NYSE:KBR) has entered into an exclusive alliance with GeoLith SAS to globally offer GeoLith's Direct Lithium Extraction (DLE) technology, Li-Capt®, which enables zero-emission lithium extraction from sources like geothermal and oil well brines. This agreement positions KBR as the exclusive global licensor of Li-Capt®, complementing its suite of battery material technologies and providing clients with a comprehensive solution for producing battery-grade lithium.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:04 am