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LUMN

Lumen Technologies (NYSE:LUMN) shares surged 53.28% after-hours following the announcement of securing $5 billion in new business driven by AI demand. The company is also in discussions for an additional $7 billion in sales opportunities. Lumen has created a new Custom Networks division to manage its Private Connectivity Fabric solutions, addressing the needs of hyperscalers and large organizations.

Portfolio Pulse from Erica Kollmann

August 05, 2024 | 9:29 pm

IPI

Intrepid Potash (IPI) expects its 2024 potash production to be approximately 15% higher than in 2023.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:08 pm

LUMN

Lumen Technologies shares are trading higher after the company announced it secured $5 billion in new business from companies seeking to quickly secure their fiber capacity.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:59 pm

NEXT

NextDecade Corporation (NASDAQ:NEXT) has announced that its subsidiary Rio Grande LNG Train 4, LLC has signed a $4.3 billion EPC contract with Bechtel Energy Inc. for the construction of Train 4 and related infrastructure at the Rio Grande LNG Facility. The total estimated project costs are expected to be $6.0-$6.2 billion. The company aims for a positive Final Investment Decision in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:55 pm

LUMN

Lumen Technologies has secured $5 billion in new business driven by AI-fueled demand for connectivity. The company is also in discussions for an additional $7 billion in sales opportunities. To meet this demand, Lumen will double its intercity network miles and has partnered with Corning for next-gen fiber-dense cable.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:48 pm

CURLF

GTBIF

TCNNF

VRNOF

Ohio will begin recreational cannabis sales on Tuesday, Aug. 6, with nearly 100 medical marijuana dispensaries receiving licenses to sell to adults over 21. Major multi-state operators like Verano Holdings, Trulieve, Curaleaf, and Green Thumb Industries are among those opening dispensaries in the state.

Portfolio Pulse from Maureen Meehan

August 05, 2024 | 8:44 pm

IRM

Iron Mountain has announced the availability of its new InSight Digital Experience Platform (DXP), a SaaS solution designed to enhance workflow automation, data accessibility, compliance, and AI-readiness. The platform offers intelligent document processing and custom content management tools.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:44 pm

ABTS

Abits Group reported a Q2 2024 mining output of 24.09 Bitcoins, down from 36.9 Bitcoins in Q1 due to halving. The company achieved a higher hash rate of 360 PH/s with the introduction of hydro cooling and expects to reach 400 PH/s in Q3. Abits Group plans to build a 22MW site on a newly acquired 55-acre property in Wisconsin, expanding to 35MW by Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:40 pm

AQMS

Aqua Metals, Inc. (NASDAQ:AQMS) announced progress on the Sierra ARC buildout and ongoing efforts to finance the remainder of its construction and commissioning. The company is deploying cash preservation initiatives and extending pilot operations to support strategic partner development.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:29 pm

CNM

Core & Main has opened a new facility in Hayden, Idaho to expand its waterworks product category and better serve customers in the Northwest. This move is part of the company's growth strategy to enhance nationwide accessibility.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:28 pm