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FLNC

Fluence Energy, Inc. (NASDAQ:FLNC) and TransnetBW GmbH have commenced construction on Germany's first and largest battery-based energy storage system, which will be a critical part of the country's transmission network infrastructure.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:03 pm

RCI

WBD

Rogers Communications has announced multi-year deals with NBCUniversal and Warner Bros. Discovery to bring top lifestyle and entertainment content to Canadians. The deals will make content available through streaming and distribution partners and increase investment in Canadian content and independent productions over the next decade.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:01 pm

IZEA

IZEA Worldwide has launched a new Budget Suite within its IZEA Flex Influencer Marketing Platform, aimed at enhancing budget management for influencer marketing campaigns.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:00 pm

SPOT

Spotify has announced the launch of its new 'My Spotify' initiative in the US, Canada, UK, Ireland, Australia, and New Zealand. The initiative will feature home page banners and personalized messages to reveal users' listening habits over the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:59 pm

AAPL

Ahead of Apple's WWDC, analyst Daniel Ives from Wedbush predicts that AI integration will significantly boost Apple's stock value by $30-$40 per share. Ives maintains an Outperform rating and a $275 price target for Apple, suggesting a 40% upside potential. The conference is expected to unveil Apple's AI strategy, including a partnership with OpenAI and the introduction of an AI App Store, which will drive growth in iPhone and Services.

Portfolio Pulse from Shanthi Rexaline

June 10, 2024 | 1:57 pm

AYRWF

IIPR

Innovative Industrial Properties, Inc. (IIPR) has acquired a 16-acre property in Ocala, Florida for $13 million and entered into a long-term lease with Ayr Wellness Inc. (AYRWF). IIPR will reimburse up to $30 million for redevelopment, bringing the total investment to $43 million. Ayr operates 64 dispensaries in Florida, a major medical cannabis market, and could benefit from potential adult-use legalization in November 2024.

Portfolio Pulse from Nina Zdinjak

June 10, 2024 | 1:54 pm

FCEL

FuelCell Energy Inc (NASDAQ:FCEL) reported a mixed Q2 fiscal 2024 with a 42% revenue decline year-over-year to $22.42 million, beating the consensus of $21.35 million. Despite a gross loss of $7.1 million and an EPS loss of $0.07, the company saw a 67% increase in Generation revenues and a 3.8% rise in backlog. New projects and agreements, including a significant deal with GGE and a partnership with Ameresco, Inc., are fueling optimism.

Portfolio Pulse from Akanksha Bakshi

June 10, 2024 | 1:42 pm

GME

GOOG

GOOGL

IJH

MDY

GameStop Corp (NYSE:GME) shares are trading higher in the premarket on Monday after a volatile session last Friday, where the stock closed 39% lower following disappointing fiscal first-quarter earnings and a lackluster livestream by Keith Gill. The company reported net sales of $881.8 million, missing analyst estimates, and an EPS loss of $(0.12). GameStop also announced an at-the-market offering program for up to 75 million shares. Investors can gain exposure to GameStop via iShares Core S&P Mid-Cap ETF (NYSE:IJH) and SPDR MidCap Trust Series I (NYSE:MDY).

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 1:41 pm

KSCP

Knightscope has secured a new contract from an Ivy League school for its custom K1 Blue Light Tower and anticipates a larger campus rollout.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:37 pm

VUZI

Vuzix has received additional orders from Xander for its smart glasses, which are designed to assist the hard of hearing. The growing demand for these award-winning captioning glasses indicates a positive market reception.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 1:32 pm