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BE

Bloom Energy Corp (NYSE:BE) shares surged after announcing a strategic partnership with CoreWeave to deploy fuel cells for a high-performance AI data center in Illinois. The deal highlights Bloom Energy's capability to meet AI sector energy demands. JPMorgan raised its price target for BE from $12 to $14.

Portfolio Pulse from Adam Eckert

July 16, 2024 | 8:56 pm

AEHR

Aehr Test Systems (NASDAQ:AEHR) shares surged after the company reported strong Q2 results, forward guidance, and announced an acquisition and new orders. The company beat earnings and sales estimates significantly, reported a strong backlog, and provided a positive revenue outlook for fiscal year 2025.

Portfolio Pulse from Erica Kollmann

July 16, 2024 | 8:48 pm

CNP

CenterPoint Energy has restored power to 95% of customers affected by Hurricane Beryl and is working to address requests from Governor Abbott.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:37 pm

DBA

FAAR

ITB

PKB

WEAT

XHB

As record-breaking heat waves sweep across the U.S., a debate is emerging over whether federal and state protections should be granted to workers exposed to extreme heat. The Biden administration has proposed a new OSHA rule to protect workers, but its future depends on the 2024 election outcome. The rule could impact various sectors, including construction and agriculture, which are tracked by ETFs like ITB, XHB, PKB, DBA, WEAT, and FAAR.

Portfolio Pulse from Natan Ponieman

July 16, 2024 | 8:31 pm

CPK

Chesapeake Utilities' subsidiary, Peninsula Pipeline Company, has received approval from the Florida Public Service Commission for three projects aimed at expanding natural gas infrastructure. These projects are expected to benefit Florida City Gas customers.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:30 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading higher with notable gains in Bitcoin, Ethereum, and Dogecoin. Long liquidations have spiked, and Bitcoin open interest has surged. Ethereum ETFs are expected to attract significant inflows. Analysts predict potential explosive growth in September/October if historical patterns repeat.

Portfolio Pulse from Khyathi Dalal

July 16, 2024 | 8:24 pm

CRBU

Caribou Biosciences has decided to discontinue its preclinical research on the allogeneic CAR-NK platform and reduce its workforce by 21 positions. These cost containment measures are expected to extend the company's cash runway by at least 6 months into the second half of 2026.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:18 pm

GDHG

Golden Heaven Group announced the temporary closure of its Qujing Jinsheng Amusement Park for maintenance and upgrades. The park is expected to reopen in approximately three months.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:15 pm

PRIM

Primoris Services has secured $1.2 billion in awards for its energy segment, including $700 million contracted in Q2 2024 and over $500 million in early Q3 2024. The projects include $1.1 billion for utility-scale solar engineering, procurement, and construction, and $100 million for the expansion of combustion gas turbine generators.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:11 pm

AEHR

Aehr Test Systems announced $12.7 million in orders for its FOX WaferPak full wafer contactors, indicating strong demand for its semiconductor testing solutions.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:11 pm