Streetbeat News

Products Services

MLEC

Moolec Science SA (NASDAQ:MLEC) has signed a three-year offtake agreement with a major global consumer packaged goods and pet food company for its patented GLA Safflower Oil product, GLASO™. The agreement includes an initial estimated volume of 50 tons for 2025.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:09 am

LXEO

Lexeo Therapeutics reported interim data for its LX2006 treatment for Friedreich Ataxia Cardiomyopathy, showing it was well tolerated with no serious adverse events and clinically meaningful improvements in cardiac biomarkers.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:07 am

AIRE

reAlpha Tech has acquired 85% of AiChat Pte. Ltd. for $1.14 million, with plans to acquire the remaining 15% by June 30, 2025. The purchase price will be paid in shares of reAlpha Tech's common stock in three tranches starting January 1, 2025. Additionally, reAlpha Tech will infuse $300,000 into AiChat.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:04 am

IDGT

NOK

QTUM

Nokia (NYSE:NOK) has announced a collaboration with Telecom Egypt to introduce 5G technology in Egypt, deploying its AirScale 5G RAN equipment. This move is expected to enhance connectivity and network performance across major Egyptian cities. Additionally, Nokia is acquiring Infinera and selling Alcatel Submarine Networks. Investors can gain exposure to Nokia through IShares U.S. Digital Infrastructure And Real Estate ETF (NYSE:IDGT) and Defiance Quantum ETF (NYSE:QTUM).

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 9:56 am

BA

ITA

PPA

Boeing has started certification flight testing for its delayed 777-9 aircraft with FAA regulators onboard. This marks a significant step in overcoming production and legal challenges. The 777-9 is part of the 777X project, which has faced numerous delays since its launch in 2013. The certification process is expected to take many months, with full operational clearance not anticipated before Q1 2025. Boeing's stock has declined over 13% in the past year.

Portfolio Pulse from Shivani Kumaresan

July 15, 2024 | 9:48 am

CSTM

Constellium SE (NYSE:CSTM) has successfully completed its first industrial-scale hydrogen casting, marking a significant step towards decarbonizing its industrial activities. The 12-ton aluminium slab produced will be used in electric vehicles, and the company is involved in various projects to advance hydrogen technologies for industrial decarbonization.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 9:32 am

BTCUSD

Bitcoin surged past $63,000 as U.S. institutional investors resumed buying after weeks of sell-offs. The rally is expected to continue, driven by factors such as the German government's sale of seized Bitcoins and increased market optimism following Donald Trump's survival of an assassination attempt.

Portfolio Pulse from Aniket Verma

July 15, 2024 | 9:20 am

E

Eni and ITQuanta have announced a joint venture, Eniquanti, to develop an integrated hardware and software quantum machine aimed at solving complex problems and supporting the energy transition.

Portfolio Pulse from charles@benzinga.com

July 15, 2024 | 9:15 am

AMZN

GOOG

GOOGL

Experts believe Japan's increasing reliance on foreign digital services like Amazon Prime and YouTube Premium is contributing to a 'digital deficit,' potentially pressuring the yen's value. The deficit, which includes fees for digital advertising and intellectual property royalties, reached 5.5 trillion yen ($34 billion) in 2023 and continues to grow. This imbalance is feared to contribute to the long-term depreciation of the yen against the dollar.

Portfolio Pulse from Benzinga Neuro

July 15, 2024 | 8:28 am

CVU

RTX

CPI Aerostructures (NYSE: CVU) has delivered the first pod structure of the Low Rate Initial Production 3 (LRIP 3) for the Next Generation Jammer Mid-Band (NGJ-MB) program to Raytheon (RTX Corporation). The contract has a maximum value of $32.6 million, with deliveries expected through mid-2025.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:15 pm