Streetbeat News

Partnerships

LQR

LQR House reported a 382% year-over-year revenue increase for July 2024, reaching $224,227. This growth was driven by strategic marketing partnerships and increased traffic to CWSpirits.com.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:57 pm

OGI

Organigram Holdings Inc. (NASDAQ:OGI) reported a 25% year-over-year increase in Q3 net revenue to CA$41.1 million and a significant improvement in adjusted EBITDA. The company also highlighted strategic investments in the UK and Germany, and a 2700% YoY increase in gross margin. Shares traded 7.64% higher at $1.55 in pre-market.

Portfolio Pulse from Jelena Martinovic

August 13, 2024 | 12:51 pm

TGL

Treasure Global (TGL) is set to integrate TikTok Shop with its ZSTORE on the ZCITY Super App, aiming to leverage TikTok's 150 million viewers and over 55 million US shoppers to expand its global reach and market presence.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:51 pm

SAIC

Science Applications International Corp. (SAIC) has been awarded a $120 million, five-year contract by the U.S. Navy's Naval Supply Systems Command to support Tactical Training Group Pacific's fleet training mission.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:48 pm

PLTR

SRFM

Surf Air Mobility Inc. (NYSE:SRFM) has announced a new venture, Surf Air Technologies LLC, in collaboration with Palantir Technologies Inc. (NYSE:PLTR). The venture aims to develop AI-powered software tools for the advanced air mobility industry. Despite the announcement, SRFM shares dipped by 13.9%, while PLTR shares rose by 1.16%. Surf Air is also considering bringing in outside investors to fund the venture.

Portfolio Pulse from Nabaparna Bhattacharya

August 13, 2024 | 12:43 pm

FLGC

Flora Growth Corp (NASDAQ:FLGC) reported a 27% YoY decline in Q2 revenue to $15.68 million, primarily due to JustCBD's performance. Despite the revenue drop, the company reduced its net loss by 94% and highlighted strategic expansions in Germany, Australia, and the US. Flora Growth's shares closed 1.07% lower at $0.93 per share.

Portfolio Pulse from Nina Zdinjak

August 13, 2024 | 12:41 pm

BRFH

Barfresh Food Group has received multiple offers to fund its ongoing lawsuit and has entered into an agreement with Boesch Law Group.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:34 pm

SIDU

Sidus Space has announced the sale of its FeatherEdge Onboard Computing System to Xiomas Technologies. This marks a significant milestone for Sidus Space as it expands its customer base and showcases the capabilities of its technology.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:34 pm

ADIL

Adial Pharmaceuticals (NASDAQ:ADIL) announced a collaboration with Boudicca Dx to advance the regulatory strategy for its companion diagnostic genetic test for AD04, a treatment for Alcohol Use Disorder. This collaboration aims to ensure the test meets FDA guidelines and supports the upcoming Phase 3 study.

Portfolio Pulse from Vandana Singh

August 13, 2024 | 12:30 pm

ADIL

Adial Pharmaceuticals has announced that Boudicca will support and advise the company on its companion diagnostic genetic test to ensure compliance with FDA guidelines.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:30 pm