Streetbeat News

Partnerships

APPS

Digital Turbine Inc (NASDAQ:APPS) shares fell 12.5% after the company reported Q4 FY2024 revenue of $112.22 million, missing estimates of $117.69 million. Despite beating earnings estimates with 12 cents per share, the company's adjusted EBITDA dropped significantly. New partnerships are expected to add over 70 million new devices globally. Fiscal-year 2025 revenue is projected between $540 million and $560 million, slightly below estimates. Roth MKM analyst Darren Aftahi maintained a Neutral rating and lowered the price target from $3 to $2.50.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 1:31 pm

MULN

Mullen Automotive, Inc. (NASDAQ: MULN) has announced a new purchase order for 40 Mullen-GO urban delivery vehicles from Switzerland-based Antidoto SA, valued at approximately $440,000 USD. Additional orders are expected to follow.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:30 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) shares are trading lower due to the New York Stock Exchange's (NYSE) collaboration with CoinDesk Indices to launch cash-settled index options tracking the CoinDesk Bitcoin Price Index (XBX). This development may impact Coinbase's market position as a leading cryptocurrency exchange.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 1:30 pm

YYGH

YY Group Holding Limited (NASDAQ:YYGH) has announced its expansion into the UAE hotel and hospitality industry, appointing Mr. Ramy Attia as the Country Director.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:24 pm

ANSS

MSFT

Ansys has launched Ansys Access on Microsoft Azure, allowing customers to deploy Ansys products optimized for high-performance computing via the Azure Marketplace. This collaboration aims to provide a cost-effective, secure, and flexible solution for rapid simulation-driven insights across various industries.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:17 pm

ANET

NVDA

Arista Networks (NYSE:ANET) and NVIDIA are collaborating to deliver holistic AI solutions by demonstrating AI Data Centers that align compute and network domains. This collaboration aims to build optimal generative AI networks with lower job completion times, enabling customers to manage AI clusters uniformly across networks, NICs, and servers.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:17 pm

FROG

JFrog has announced a partnership with GitHub to integrate their platforms, aiming to provide a comprehensive EveryOps management solution for developers.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:16 pm

PYPL

SOLUSD

PayPal Holdings, Inc. (NASDAQ:PYPL) has announced that its stablecoin, PayPal USD (PYUSD), is now available on the Solana blockchain. This move aims to make PYUSD faster and cheaper to use, providing users with increased flexibility and control.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:15 pm

TGL

Treasure Global has been awarded a $2 million contract from ELMU Education Group to provide a Smart Campus Management System.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:15 pm

VISL

Vislink has released INCAM-GV RF and 5G wireless transmitters for Grass Valley's LDX 135 RF and LDX 150 RF cameras, enhancing their wireless capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:11 pm