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SATS

EchoStar has launched the Open RAN Center for Integration and Deployment (ORCID) with a $50 million grant from the Public Wireless Supply Chain Innovation Fund. The state-of-the-art O-RAN lab is located at their Cheyenne, Wyoming data center and invites vendors for commercial testing and evaluation.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:11 pm

BITO

CLSK

COIN

IBIT

MARA

MSTR

RIOT

Bitcoin mining stocks including Marathon Digital, CleanSpark, Coinbase, MicroStrategy, and Riot Platforms are trading higher as Bitcoin surged past $63,000. Institutional investors resumed purchasing after weeks of sell-offs. Bitcoin ETFs like iShares Bitcoin Trust and ProShares Bitcoin Strategy ETF also saw positive flows.

Portfolio Pulse from Anusuya Lahiri

July 15, 2024 | 2:06 pm

CRWD

CrowdStrike has announced Falcon Complete Next-Gen MDR, which offers the fastest detection and response across all attack surfaces. The new service integrates third-party data and AI capabilities for enhanced attack context and rapid response, and supports service partners in SOC transformation and next-gen SIEM adoption.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:04 pm

MSBI

Transend has announced a strategic partnership with Midland States Bank, a subsidiary of Midland States Bancorp, to redefine B2B private-label working capital solutions.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:03 pm

Aviation Capital Group (ACG) has expanded its order book for Boeing's 737 MAX jets by purchasing 35 additional aircraft, including 16 737-8 and 19 737-10 models. This brings ACG's total commitment to 82 orders, reflecting rising demand for fuel-efficient single-aisle jets.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:01 pm

GRNQ

Green-X Corp has secured over $100 million in digital assets, including security tokens and stablecoins. The company announced a strategic partnership with Greenpro Capital Corp and Bank Islam Trust Company to promote Labuan as an Islamic digital asset center. The collaboration aims to offer diverse products and services using the Labuan International Business and Financial Centre as the main jurisdiction.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 1:54 pm

ASLN

DATS

LXEO

MIRA

QLGN

SCNI

U.S. stocks traded higher on Monday with the Dow Jones gaining over 200 points. The NY Empire State Manufacturing Index fell to -6.6 in July. Notable stock movements include Scinai Immunotherapeutics, DatChat, and MIRA Pharmaceuticals rising significantly, while ASLAN Pharmaceuticals, Qualigen Therapeutics, and Lexeo Therapeutics saw substantial declines.

Portfolio Pulse from Avi Kapoor

July 15, 2024 | 1:47 pm

Ryder System, Inc. (NYSE:R) has announced the acquisition of Pit Stop Fleet Service to enhance its mobile maintenance services. The deal is expected to add $24 million in gross revenue by 2025 and expand Ryder's services to 140 markets across 20 states.

Portfolio Pulse from Shivani Kumaresan

July 15, 2024 | 1:40 pm

Goldman Sachs CEO announced a significant increase in the investment banking backlog and expects to exceed $50 billion in alternative fundraising this year. The company is well-positioned for continued resurgence in activity, although inflation remains a concern.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 1:36 pm

WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) has announced a new blockchain consensus algorithm based on genetic algorithms. This innovation aims to improve computational efficiency and overall consensus performance in consortium blockchain networks.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 1:31 pm