Streetbeat News

Products Services

JNVR

Janover Inc (NASDAQ:JNVR) announced that its insurtech subsidiary, Janover Insurance, achieved profitability within two months of its launch in March 2024. The subsidiary's monthly recurring revenue increased by over 60% from April to May 2024, contributing to a 5% month-over-month increase in Janover's overall annual recurring revenue. Janover Insurance now accounts for approximately 40% of the company's total monthly revenue from its core subscription business.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 12:00 pm

SEDG

SolarEdge Technologies announced that Italian luxury fashion house TOD's has expanded its deployment of solar energy with SolarEdge rooftop installations on its headquarters and manufacturing facility in the Marche region, Italy, totaling 740 kWp.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:57 am

MHUA

Meihua International announced that its NT-2000 Surgical Path Analysis System successfully supported the world's second 5G remote robot-assisted lobectomy.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:47 am

LDTC

LeddarTech has announced the launch of its high-performance Leddarnavigator, a new product aimed at enhancing navigation capabilities.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:46 am

MGNX

MacroGenics shares are trading lower following the announcement of a presentation of clinical data from the TAMARACK Phase 2 study of vobramitamab duocarmazine at the European Society for Medical Oncology Congress 2024. Multiple analysts downgraded the stock.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:45 am

DBGI

Digital Brands Group (DBGI) has announced the successful launch of its new direct-to-consumer (DTC) strategy.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:43 am

DCGO

DocGo has launched the Well Child Visits Program in partnership with an insurance provider serving the New York City metropolitan area.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:42 am

DXCM

EW

PHGE

The article highlights three oversold health care stocks with potential for significant gains in Q3: Edwards Lifesciences Corp (EW), DexCom Inc (DXCM), and Biomx Inc (PHGE). These stocks have experienced substantial declines recently but may present buying opportunities due to their low RSI values.

Portfolio Pulse from Avi Kapoor

July 31, 2024 | 11:35 am

COCO

The Vita Coco Company has reaffirmed its full-year guidance for 2024, expecting net sales between $500M and $510M, slightly below the $509.64M estimate. The company anticipates growth in its coconut water segment but expects declines in its private label coconut oil business. Gross margins are projected to be between 37% and 39%, with ocean freight costs impacting margins in the second half, particularly in Q4. SG&A expenses are expected to remain flat or increase slightly compared to 2023, and adjusted EBITDA is forecasted to be between $76M and $82M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:33 am

INUV

Inuvo has secured a credit facility from SLR Digital Finance, enhancing its liquidity and financial flexibility to accelerate the adoption of its large language generative artificial intelligence.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:30 am