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OPTT

Ocean Power Technologies shares are trading higher after the company announced it was awarded a contract for immediate delivery of a PowerBuoy equipped with Merrows, its AI-capable Maritime Domain Awareness Solution, in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:19 pm

BABA

BTCUSD

DJT

ETHUSD

GS

JNJ

NFLX

NVDA

Bitcoin surpasses $63K as US institutional investors buy in, with analysts predicting further rebound. Ethereum is expected to reach a new all-time high. Trump-themed Maga Coin sees volatility following an assassination attempt on Trump. US stocks close higher, with notable premarket movements in Trump Media & Technology, Netflix, Goldman Sachs, and J&J. Alibaba and other Chinese tech stocks tumble after a disappointing economic report. Nvidia's valuation could reach nearly $50 trillion in a decade, according to an early Tesla and Amazon investor.

Portfolio Pulse from Akanksha Bakshi

July 15, 2024 | 12:17 pm

OPTT

Ocean Power Technologies (OPTT) has been awarded a contract for the immediate delivery of its PowerBuoy with an AI-enabled Merrows Maritime Domain Awareness solution in the Middle East. The company expects to generate revenue from this contract within this quarter. Further details of the contract remain confidential.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:17 pm

TSLA

Tesla shares rose sharply in premarket trading on Monday, following a public endorsement by Elon Musk of Donald Trump and ahead of the company's quarterly results on July 23. Analysts expect a decline in earnings and revenue compared to last year.

Portfolio Pulse from Shanthi Rexaline

July 15, 2024 | 12:15 pm

MIRA

MIRA Pharmaceuticals shares are trading higher after the company announced that testing confirmed its preliminary beliefs regarding potential treatment for neurological and neuropsychiatric disorders.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:14 pm

IART

Integra LifeSciences Holdings Corporation (NASDAQ:IART) plans to restart the manufacture of PriMatrix and SurgiMend at its new Braintree, Massachusetts facility by the first half of 2026, abandoning plans to resume production at its Boston site.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:09 pm

NVEE

NV5 Global has been awarded a $7 million contract for project oversight, testing, and inspection of a new 230 kilovolt underground transmission line in Northern California.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:09 pm

BP

EIPX

HJEN

BP p.l.c. (NYSE:BP) has announced a strategic partnership with Audi to develop sustainable fuels and lubricants for Audi's entry into Formula 1 in 2026. The partnership aims to meet new FIA regulations requiring a significant reduction in greenhouse gas emissions. Despite this positive development, BP shares are trading lower today.

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 12:09 pm

ONCT

Oncternal Therapeutics has completed enrollment and started dosing for the sixth dose cohort in its Phase 1/2 study of ONCT-534 for metastatic castration-resistant prostate cancer. The Safety Review Committee approved a higher dose after reviewing data from the 600 mg cohort. An initial safety and efficacy update is expected in Q3 2024 based on PSA levels.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:08 pm

ARQ

Arq, Inc. (NASDAQ:ARQ) has secured additional contracts for its granular activated carbon (GAC) product, bringing total annual contracted volume to 13 million pounds, which is over 50% of its nameplate capacity. This achievement comes roughly six months ahead of the first production at its Red River facility.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:08 pm