Streetbeat News

Partnerships

ACB

CGC

CWBHF

HEMP

TLRY

The U.S. Environmental Protection Agency (EPA) has awarded a $6.2 million grant to the Hemp Building Institute (HBI) to promote the use of biogenic materials like hemp in construction. This initiative is part of a broader $160 million effort under President Biden's Inflation Reduction Act to reduce greenhouse gas emissions. The project aims to develop digital carbon accounting standards and Environmental Product Declarations (EPDs) for materials like hemp, soy, and straw bale. Companies like Charlottes Web Holdings, Canopy Growth, Aurora Cannabis, Tilray, and Hemp Inc. may benefit from the increased use of hempcrete.

Portfolio Pulse from Patricio Liddle

July 30, 2024 | 4:01 am

SBUX

Starbucks Corporation (NASDAQ:SBUX) is set to report its Q3 earnings, with analysts expecting revenue of $9.24 billion and EPS of 93 cents. The company has missed revenue estimates in the last two quarters. Activist investor Elliott Management's stake and potential influence on the company's strategy are key points of interest. Analysts have mixed ratings, with several lowering their price targets. Starbucks is seeing a boost from the return-to-office trend, particularly in big cities.

Portfolio Pulse from Chris Katje

July 29, 2024 | 9:14 pm

CMCSA

Diamond Sports Group LLC and Comcast have reached an agreement to distribute Diamond's 15 regional sports networks (RSNs) to Xfinity TV customers. Starting August 1, 2024, subscribers to Comcast's Xfinity Ultimate TV package will have access to live MLB, NBA, and NHL games, as well as pre- and post-game content on Diamond's RSN channels. Xfinity Ultimate TV customers will also be able to stream this content via the Bally Sports app.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:50 pm

CACI

CACI International Inc has been awarded a $414 million task order to provide global operational support for unmanned systems to the US Army.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:46 pm

LDOS

Leidos has been awarded an $823 million task order from the Defense Information Systems Agency (DISA) to provide operations and sustainment for the Defense Enclave Services DoDNet program.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:45 pm

FLR

Fluor Corporation (NYSE:FLR) has signed a contract with RoPower Nuclear for Phase 2 front-end engineering and design work at its small modular reactor (SMR) facility in Doicesti, Romania. The project will utilize NuScale Power's SMR technology to generate carbon-free power, marking a significant milestone in Romania's clean energy initiatives. The contract will be recognized as a new award in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:39 pm

HLIT

Harmonic announced that Telecentro has selected its cOS Broadband Platform to modernize its network in Argentina. The platform enhances DOCSIS 3.1 with virtualized core software and edge devices for high-speed internet services.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:38 pm

AAPL

GOOGL

Apple has revealed that its AI models were trained using Google's custom chips. This collaboration highlights the interdependence between two tech giants, Apple and Google, in the AI space.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:33 pm

COIN

MARA

Cryptocurrency markets are experiencing choppy price action ahead of the FOMC meeting on Wednesday. Bitcoin and Dogecoin have erased earlier gains, while Ethereum is holding on. Notable developments include the U.S. government moving $2 billion worth of Bitcoin and the U.S. Marshall Service sending Bitcoin to Coinbase for custodianship. Crypto-related stocks like Coinbase and Marathon Digital surged following pro-Bitcoin comments from Donald Trump.

Portfolio Pulse from Khyathi Dalal

July 29, 2024 | 8:26 pm

ICFI

ICF has been awarded an $84 million contract to expand disaster management and recovery services in Puerto Rico. The three-year contract is administered by COR3.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:15 pm