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Sea Limited (NYSE:SE) reported a 22.8% year-on-year revenue growth for Q1 2024, surpassing analyst estimates with $3.73 billion. Despite this, EPS saw a decline, missing expectations. The company's digital entertainment segment experienced a revenue decrease, while e-commerce and digital financial services saw significant growth. Sea Limited's CEO, Forrest Li, expressed optimism about the company's growth and profitability roadmap for 2024. SE shares rose by 7% in premarket trading but later dropped by 1.29%. The stock can also be accessed through FMQQ and FDCF ETFs.

Portfolio Pulse from Anusuya Lahiri

May 14, 2024 | 2:02 pm

CCL

Carnival Corporation & plc has announced the completion of Starlink's high-speed internet rollout across its entire global fleet, offering Wi-Fi comparable to land-based networks. This makes Carnival the first in its industry to achieve 100% fleet-wide high-speed, low-latency internet connectivity.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:33 pm

TSLA

Elon Musk announced that the upcoming Tesla Roadster will be faster than the Model S Plaid, aiming for a 0 to 60 mph acceleration in less than 1 second. This decision was shared on X (formerly Twitter), surprising Tesla employees. Musk criticized a report by The Information regarding the Roadster's specs and the cancellation of the Model 2 project for a focus on robotaxis. The Roadster, benefiting from a Tesla and SpaceX collaboration, is expected to debut by end of 2024 with deliveries in 2025.

Portfolio Pulse from Anan Ashraf

May 14, 2024 | 1:32 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares surged 64% after receiving a conditional commitment for a $1.66 billion loan guarantee from the Department of Energy to finance up to six green hydrogen production facilities. This move aligns with the Biden Administration's Justice 40 Initiative and marks a significant step in Plug Power's expansion of its green hydrogen network in the U.S.

Portfolio Pulse from Nabaparna Bhattacharya

May 14, 2024 | 1:26 pm

ME

PTPI

Petros Pharmaceuticals has announced the launch of U.S. distribution for its erectile dysfunction medication, STENDRA, through a collaboration with 23andMe's subsidiary, Lemonaid Health. This partnership aims to provide customers with more affordable access to STENDRA, which can be taken shortly before sexual activity.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:23 pm

AAPL

CMCSA

NFLX

Comcast is set to launch a new streaming bundle named StreamSaver, which includes its own Peacock platform along with Netflix and Apple TV+. This bundle will be exclusively available to Comcast's internet service customers, as announced by Comcast CEO Brian Roberts at a MoffettNathanson investor conference.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:20 pm

MULN

Mullen Automotive, Inc. (MULN) has secured a $150 million financing package, comprising a $100 million commitment from a family office and $50 million in senior secured convertible notes sold to family offices and high net worth investors. This funding will support Mullen and Bollinger Motors' operations and expansion of domestic and international commercial sales efforts for the next 13 months, including the production of the Bollinger Motors B4 vehicle.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:17 pm

PSO

Pearson's Connections Academy has partnered with Future Business Leaders of America (FBLA) to offer students enhanced educational experiences. This collaboration aims to provide students with real-world business and leadership skills, preparing them for future success in the business world.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:11 pm

NUWE

Nuwellis has announced the expansion of its ultrafiltration program to include pediatric patients, aiming to address the specific needs of this demographic with their innovative technology.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:07 pm

NRSN

NeuroSense Therapeutics has announced a partnership with PhaseV to utilize advanced causal machine learning for the analysis and optimization of its ALS Phase 3 clinical trial. This collaboration aims to enhance the trial's efficiency and effectiveness, potentially accelerating the development of treatments for ALS.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:05 pm