Streetbeat News

Products Services

SMXT

SolarMax Technology, Inc. (NASDAQ: SMXT) has signed a non-binding MOU for its first major commercial solar installation project in the U.S., located in Las Vegas. The project includes a 4.27-megawatt photovoltaic solar power plant, a 2.0 megawatt energy storage system, and 10 advanced electric vehicle charging stations. This marks a significant milestone for SolarMax as it aims to capitalize on the growing U.S. solar market.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:33 pm

BA

The U.S. National Transportation Safety Board (NTSB) has released documents from its investigation into a January accident involving a Boeing 737 MAX 9. A Federal Aviation Administration (FAA) safety inspector highlighted a systemic issue of employees not following instructions. Boeing executive Lund noted that 737 MAX production fell to 8 planes per month after the incident but increased to 'in the low 20s' by June.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:32 pm

MRVL

MSFT

Microsoft is integrating Marvell's NIST FIPS 140-3 Level-3 compliant LiquidSecurity HSMs into its Azure Key Vault and Managed HSM services. This update enhances Microsoft's security offerings and aligns with stringent security standards required by financial institutions and government organizations.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:31 pm

RTX

Raytheon's RTX business has been awarded a $478 million contract by the NATO Support and Procurement Agency to supply additional GEM-T missiles to Germany. This contract aims to replenish the Patriot missiles that Germany donated to Ukraine, with financial support from Denmark, the Netherlands, and Norway.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:31 pm

DTSS

Datasea's subsidiary has been selected by China Mobile Internet as a prospective partner, highlighting its achievements in 5G-AI communications. This positions Datasea for future project cooperation contracts.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:31 pm

IBRX

ImmunityBio, Inc. (IBRX) has announced the initiation of the QUILT 502 trial to study the combination of ANKTIVA and the AdHER2DC vaccine for treating HER2-positive endometrial cancer. The trial will also include pembrolizumab and lenvatinib, and aims to evaluate the safety and preliminary efficacy of this combination therapy. The study is expected to be completed in 2026.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:30 pm

NVDA

SOXX

TDIV

TSM

Nvidia and Taiwan Semiconductor Manufacturing Co. are facing production issues with Nvidia's next-gen AI chips, potentially delaying shipments. Despite concerns, Morgan Stanley named Taiwan Semiconductor a 'top pick' after a recent selloff. Taiwan Semiconductor stock has gained 54% in the last 12 months. Investors can gain exposure through iShares Semiconductor ETF and First Trust NASDAQ Technology Dividend Index Fund.

Portfolio Pulse from Anusuya Lahiri

August 06, 2024 | 1:30 pm

PYPL

PayPal Holdings, Inc. (NASDAQ:PYPL) has announced the availability of Fastlane for U.S. businesses of all sizes. This new feature aims to enhance the guest checkout experience, potentially increasing sales and customer loyalty, especially ahead of the holiday shopping season.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:28 pm

ABT

CVKD

Cadrenal Therapeutics (NASDAQ:CVKD) and Abbott (NYSE:ABT) are collaborating on a pivotal study of tecarfarin, a novel anticoagulant, for patients with recently implanted LVADs. Tecarfarin aims to prevent heart attacks, strokes, and deaths due to blood clots in these patients.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:27 pm

CART

WBA

Walgreens and Instacart have announced that they will now accept SNAP/EBT payments nationwide at over 7,500 Walgreens stores, including 100+ Duane Reade locations, for same-day delivery of SNAP-eligible products.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:26 pm