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BAESY

DRS

Leonardo DRS has delivered its 1,000th advanced sensor package for BAE Systems' 2-Color Advanced Warning System, which enhances missile warning and hostile fire detection for U.S. Army pilots and crews.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:00 pm

SNOW

Snowflake Inc. (NYSE:SNOW) shares rose on Monday after Goldman Sachs reiterated its Buy rating and added the company to its Conviction List. Analyst Kash Rangan emphasized Snowflake's potential in cloud software and data analytics, highlighting its strategic position in the AI Revolution and the new CEO's strategy to accelerate product development. Rangan forecasts robust top-line growth and strong free cash margins.

Portfolio Pulse from Vaishali Prayag

July 01, 2024 | 8:00 pm

COIN

Renowned crypto analyst DeFi Man shared an optimistic outlook on the cryptocurrency market, highlighting positive indicators such as the recovery of a strong spot premium and negative funding levels. He anticipates positive news regarding Ethereum and Bitcoin ETF inflows this week, despite potential challenges like the Mt. Gox BTC distribution and Germany's sell-off. DeFi Man remains confident in the market's resilience.

Portfolio Pulse from Khyathi Dalal

July 01, 2024 | 7:57 pm

SGAMY

Sega Sammy Holdings Inc (OTC:SGAMY) has announced a major reboot of its iconic Crazy Taxi game, transforming it into a large-scale, open-world, massively multiplayer driving game. The announcement was made at The Game Awards 2023, alongside other nostalgic comebacks like Jet Set Radio, Shinobi, Golden Axe, and Streets of Rage.

Portfolio Pulse from Franca Quarneti

July 01, 2024 | 7:46 pm

CBDD

CBD of Denver, Inc. (OTC:CBDD) is making strides in the German cannabis market, having excelled at the Mary Jane Berlin trade fair. The company showcased its products and tested its CheckMyWeed tool, projecting $300,000 in revenue for June 2024. They also engaged with potential cannabis club enthusiasts, collecting over 50 qualified leads.

Portfolio Pulse from Rolando García

July 01, 2024 | 7:19 pm

AGR

Avangrid has received federal approval for the construction and operations plan of New England Wind 1 and 2, with construction potentially starting in 2025. These projects are expected to create thousands of jobs and power nearly 1 million homes. Additionally, Avangrid is leading the Vineyard Wind 1 project, which will deliver power to 64,000 homes in Massachusetts.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:15 pm

DDOG

PLTR

Virtus Investment Partners' Joe Terranova highlights Palantir Technologies and Datadog as key players in the AI software space. BofA Securities added Palantir to its top 10 best U.S. ideas list for Q3, citing its growth in AI-driven revenue. Terranova is bullish on Datadog due to its critical role in AI security and believes the software sector may be bottoming out.

Portfolio Pulse from Adam Eckert

July 01, 2024 | 7:15 pm

CMG

MCD

SBUX

AI is revolutionizing the restaurant industry, with major players like Chipotle, Starbucks, and McDonald's leading the charge. These companies are integrating AI to enhance operational efficiency and customer experience. Chipotle is using AI for food production and customer interactions, Starbucks for inventory and personalization, and McDonald's for drive-thru operations.

Portfolio Pulse from Surbhi Jain

July 01, 2024 | 6:25 pm

AMC

CHWY

GME

AMC Entertainment Holdings Inc (NYSE:AMC) shares are experiencing volatility due to multiple factors. The success of 'Inside Out 2' at the box office, generating $1.014 billion globally, is a positive development. However, the news of GameStop Corp (NYSE:GME) trader Keith Gill's new stake in Chewy Inc (NYSE:CHWY) and the subsequent drop in GameStop shares are weighing on AMC. Additionally, AMC is in talks with lenders to reduce its $2.8 billion debt due in 2026.

Portfolio Pulse from Adam Eckert

July 01, 2024 | 6:24 pm

CCL

NCLH

RCL

Shares of major cruise line stocks, including Carnival Corporation (NYSE:CCL), Royal Caribbean Cruises Ltd. (NYSE:RCL), and Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), are trading lower as Category 4 Hurricane Beryl impacts the Caribbean. The hurricane's potential to disrupt cruise routes and cause cancellations is causing investor concern.

Portfolio Pulse from Erica Kollmann

July 01, 2024 | 6:11 pm