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ALTR

Altair and L&T Technology Services have announced the establishment of a Digital Twin Center of Excellence (COE) aimed at accelerating digital transformation.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:15 am

BNBUSD

BTC

SOLUSD

Bitcoin's recent crash alongside the stock market has reignited debates about its role as a store of value. Experts are divided on whether Bitcoin is becoming more integrated with traditional markets or remains a speculative asset. Some argue that Bitcoin's correlation with other cryptocurrencies is stronger than with equities, while others believe its presence in traditional finance through ETFs makes it less of an outlier.

Portfolio Pulse from Aniket Verma

August 07, 2024 | 11:15 am

QUIK

QuickLogic has announced a new strategic partnership with CTG, a division of Blue Raven Solutions. This partnership aims to enhance QuickLogic's product offerings and market reach.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:13 am

VERX

Vertex announced the acquisition of Ecosio, a leading B2B integration provider specializing in electronic data interchange and e-invoicing.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:12 am

OESX

Orion Energy has reaffirmed its FY25 sales outlook of $99.639M-$104.168M, aligning closely with the $101.56M estimate. The company achieved a 13% top-line growth in Q1’25 and expects 10-15% revenue growth for FY25, driven by large national LED lighting projects and robust growth in its Voltrek EV charging solutions business.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:11 am

EXTR

Extreme Networks has successfully completed the deployment of a high-speed Wi-Fi network at Anfield, the home stadium of Liverpool Football Club.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:11 am

OCUL

Ocular Therapeutix has received a written response from the FDA indicating that the Phase 3 Sol-r trial is appropriate for use as the company's second adequate and well-controlled study of Axpaxli (Axitinib Intravitreal Implant, also known as OTX-TKI) for wet age-related macular degeneration.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:10 am

SONY

Sony Group Corp (NYSE: SONY) reported strong fiscal Q1 2024 results, with sales and earnings beating analyst estimates. Key growth drivers were the Music and Gaming divisions. Despite a miss in PS5 unit sales, the company raised its fiscal 2024 sales outlook.

Portfolio Pulse from Anusuya Lahiri

August 07, 2024 | 11:06 am

DIA

QQQ

SPY

USO

UUP

U.S. stock markets closed higher on Tuesday, driven by Federal Reserve officials' comments easing recession fears. The S&P 500 and Nasdaq saw gains, with all major sectors in the S&P 500 closing higher. The Dow Jones Industrial Average also rose. In economic data, the U.S. trade deficit narrowed in June. Asian markets, particularly Japan's Nikkei 225, saw significant gains, while European markets also experienced growth. Crude oil and the U.S. dollar advanced, with the U.S. dollar index gaining 0.31%.

Portfolio Pulse from Akanksha Bakshi

August 07, 2024 | 10:59 am

GO

Grocery Outlet shares are trading higher following the release of better-than-expected Q2 financial results. The company also announced plans to open 62-64 new stores in FY24.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:53 am