Streetbeat News

Partnerships

WKEY

WISeKey's subsidiary WISe.ART has partnered with the Sustainable Fashion Innovation Society to host a Phygital Sustainability Expo in Rome. This collaboration aims to promote sustainability in the fashion industry through a blend of physical and digital experiences.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:07 pm

AAPL

AMD

EPI

EWW

GME

NVDA

QQQ

SPY

USO

India's stock market hits a lifetime high on exit polls predicting a landslide victory for Modi's BJP, while Mexico's peso and stocks fall on election results. AI advancements are announced by NVIDIA and AMD. Positive money flows are seen in major tech stocks and ETFs, while oil prices fall due to OPEC+ production changes.

Portfolio Pulse from The Arora Report

June 03, 2024 | 4:44 pm

INOD

Innodata shares are trading higher after the company announced new contracts valued at around $44 million from 'Magnificent Seven' Big Tech customers.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:41 pm

LLY

QurAlis has granted Eli Lilly an exclusive global license for QRL-204, a precision therapy aimed at restoring UNC13A function in ALS and FTD. The collaboration will leverage QurAlis' expertise in ALS and ASO development to advance QRL-204 and next-generation compounds.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:35 pm

FCEL

FuelCell Energy, Inc. (NASDAQ:FCEL) shares are trading higher, up more than 12% over the past five days. The company announced a significant agreement with Gyeonggi Green Energy Co., Ltd. to supply 42 upgraded fuel cell modules and a seven-year service agreement, expected to generate $160 million in revenue. Additionally, 22.63% of available shares are being sold short, which can lead to large price movements. FuelCell Energy is set to report its second-quarter financial results on June 10, with analysts expecting losses of 8 cents per share and quarterly revenue of $21.351 million. The stock has an average 1-year price target of $1.75, indicating a potential upside of 79.4%.

Portfolio Pulse from Erica Kollmann

June 03, 2024 | 4:31 pm

ERJ

Mexicana de Aviación has ordered 20 Embraer E2 aircraft, including 10 E190-E2 and 10 E195-E2 jets, with deliveries starting in Q2 2025. This deal marks Mexicana as the first E2 operator in Mexico, emphasizing the aircraft's low operating costs and fuel efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:20 pm

NDAQ

EU antitrust regulators are unlikely to seek feedback from rivals and users regarding EEX's proposed remedies for its deal with Nasdaq. The regulators likely view the remedies as insufficient and are expected to open an investigation into the deal. EEX could potentially avoid the investigation by offering more remedies in the coming days, according to sources.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:25 pm

BIIB

Biogen shares are trading higher following the announcement of a collaboration with Delta Air Lines to enhance flying experiences for passengers with reduced mobility.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:20 pm

GME

PARA

SPY

GameStop experiences volatility following a post by Roaring Kitty, while Paramount sees a rise in stock price due to reports of a potential takeover by Skydance. The NYSE is investigating a technical issue.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:56 pm

Saudi budget airline Flyadeal is considering an order of 10-20 wide-body jets from either Airbus or Boeing, according to the CEO.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:53 pm