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NextEra Energy and Entergy Corporation have announced a five-year joint development deal to develop up to 4.5GW of new solar generation and energy storage projects across Arkansas, Louisiana, Mississippi, and Texas. This partnership aims to meet growing electricity demand with low-cost, renewable energy.

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 3:45 pm

ELBM

Electra Battery Materials has received $5 million in funding from Natural Resources Canada to support the development of its proprietary battery recycling technology.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:45 pm

MRNO

Murano Global Investments PLC (NASDAQ:MRNO) shares surged 22.9% following the announcement of a non-binding MOU with a global cruise operator to explore developing a cruise port at Murano's property in Baja California, Mexico. The project could significantly enhance tourism and the local economy.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 3:31 pm

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GameStop Corporation (NYSE:GME) reported dismal fiscal first quarter results, with net sales dropping 29% and an adjusted loss of $0.12 per share, worse than Wall Street estimates. The stock plunged 40% despite the return of meme-stock influencer Keith Gill. GameStop faces fierce competition from Amazon, Microsoft, eBay, Walmart, Nintendo, and Best Buy.

Portfolio Pulse from Upwallstreet

June 10, 2024 | 3:27 pm

ORCL

Oracle Corporation (NYSE:ORCL) is expected to report lower Q4 earnings at $1.65 per share, down from $1.67 per share a year ago. However, revenue is projected to increase to $14.59 billion from $13.84 billion. The company recently announced plans to open two Oracle Cloud Regions in Morocco. Analysts have provided mixed ratings, with price targets ranging from $120 to $150.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 3:27 pm

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Volvo Car AB is shifting its electric vehicle production from China to Belgium due to potential EU tariffs on China-manufactured EVs. The move affects the EX30 and EX90 models and some U.K.-bound models. The EU is expected to announce provisional tariffs soon, which could increase import duties above the current 10% level.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 3:22 pm

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A new research report highlights the growing mainstream adoption of digital assets, driven by regulatory advancements and strategic industry moves. Key players like Galaxy Digital Holdings and Core Scientific are well-positioned to benefit from this trend.

Portfolio Pulse from Murtuza Merchant

June 10, 2024 | 3:20 pm

SKT

Tanger CEO Stephen J. Yalof discussed the state of the consumer market and a new partnership with Sephora on CNBC.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:20 pm

AGRI

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) shares surged 13.5% on Monday following the announcement of a new patent approval for its 'Automated Growing Systems' by the United States Patent Office. This patent covers innovative technology for moving production lines of plants or flowers within growing facilities.

Portfolio Pulse from Dylan Berman

June 10, 2024 | 3:17 pm

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Will Smith's return to the big screen with 'Bad Boys: Ride or Die' has seen strong box office results, signaling potential forgiveness from movie fans. The Sony Group Corp (NYSE:SONY) film grossed $104.6 million globally in its opening weekend. This success could positively impact movie theater companies like AMC Entertainment Holdings (NYSE:AMC) and Cinemark Holdings (NYSE:CNK), as well as studios with pending projects involving Smith, such as Warner Bros. Discovery (NASDAQ:WBD), Netflix Inc (NASDAQ:NFLX), Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA), and The Walt Disney Company (NYSE:DIS).

Portfolio Pulse from Chris Katje

June 10, 2024 | 3:12 pm