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BAH

EADSF

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PLTR

XOM

Palantir Technologies Inc (NYSE:PLTR) is experiencing a slowdown in revenue growth from U.S. government contracts, leading to a decline in its stock market performance. RBC Capital Markets and Jefferies analysts point to government agencies preferring more cost-effective solutions, while William Blair notes increasing competition in defense contracts. Palantir's CEO Alex Karp is focusing on the company's new AI platform for future growth, despite skepticism from some investors. The company has also faced challenges with data privacy in Europe and a potential breach of contract with the U.K.'s NHS. Palantir's stock has gained over 138% last year but is currently trading lower by 1.65% to $17.31.

Portfolio Pulse from Anusuya Lahiri

January 23, 2024 | 6:04 pm

SLDP

Solid Power, Inc. (NASDAQ:SLDP) shares are rising after announcing a stock repurchase program of up to $50 million, reflecting the company's strong cash position and belief that its shares are undervalued. The program will run until December 31, 2025, and purchases will be made at management's discretion. The company recently deepened its partnership with SK On, which is expected to enhance collaboration and increase presence in key battery markets. Analysts generally rate SLDP as a Buy, with historical price action showing a 4.95% rise over the past 3 months and a 126.31% increase in revenue over the past year.

Portfolio Pulse from Erica Kollmann

January 23, 2024 | 5:54 pm

AMZN

DIS

GOOG

NFLX

PARA

Content creator MrBeast is reportedly close to signing a deal with Amazon.com, Inc. (AMZN) for a reality competition series on Prime Video, potentially worth $100 million. This follows his successful YouTube video, a real-life version of Netflix's 'Squid Game,' which garnered 564 million views. The move is seen as a miss for Netflix Inc (NFLX), which has launched its own 'Squid Game' reality show. Other content creators have also transitioned to TV, like Dude Perfect with shows on CMT and Nickelodeon (PARA, PARAA) and The D'Amelios on Hulu (DIS). MrBeast's potential deal with Amazon could draw his large YouTube audience, owned by Alphabet Inc (GOOG, GOOGL), to Prime Video.

Portfolio Pulse from Chris Katje

January 23, 2024 | 5:50 pm

ESGL

ESGL Holdings' stock price is on the rise following the announcement of a multi-year circular NEWSPAR supply agreement with Sentosa Clay Products. This agreement is expected to provide a stable and potentially growing revenue stream for ESGL Holdings over the duration of the contract.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:32 pm

RUM

Rumble's stock price has increased following the announcement of a partnership with Barstool Sports and the public launch of Rumble Studio.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:53 pm

NVO

EraCal Therapeutics has entered into a collaboration with Novo Nordisk to develop and commercialize EraCal's oral small molecule program for treating obesity. The deal includes upfront, development, and commercial milestones that could total up to €235 million.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:47 pm

ASTS

AST SpaceMobile, Inc. (NASDAQ:ASTS) CEO Abel Avellan released a shareholder letter highlighting strategic investments from AT&T, Google, and Vodafone totaling $306.5 million. The investments, including 10-year subordinated convertible notes and non-dilutive commercial payments, will support the company's mission to deliver space-based cellular broadband connectivity. AST SpaceMobile has secured commercial revenue with AT&T and Vodafone, and is collaborating with Google on product development for Android devices. The funding will help launch the next-generation BlueBirds satellites and maintain the company's momentum.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:35 pm

FAZE

FaZe Holdings Inc. (NASDAQ:FAZE) stock surged after announcing a significant esports sponsorship deal with Rollbit for its Counter-Strike team. The deal is considered one of the largest in Counter-Strike and esports history. The announcement led to a trading volume over 100 times the average, with shares up 118% at 34 cents.

Portfolio Pulse from Erica Kollmann

January 23, 2024 | 4:26 pm

FAZE

FaZe Holdings' stock is trading higher following the announcement that Rollbit will sponsor its Counter-Strike team, indicating a positive market reaction to the new partnership.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:21 pm

CSIQ

Canadian Solar's subsidiary, Recurrent Energy, received a $500 million capital commitment from BlackRock to expand its renewable energy platform. This investment could bolster Canadian Solar's position in the renewable energy sector and potentially enhance its financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 4:13 pm