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FCEL

FuelCell Energy has signed a long-term service agreement with Gyeonggi Green Energy Co. The agreement includes the purchase of 42 upgraded carbonate fuel cell modules to replace existing modules at the Hwaseong Baran Industrial Complex. FuelCell Energy expects to receive approximately $160 million in revenue over the term of the agreement.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 4:50 pm

DECK

Deckers Outdoor Corp (NYSE:DECK) has been upgraded from Hold to Buy by Truist Securities' analyst Joseph Civello, who also raised the price target from $1,011 to $1,200. The upgrade is driven by strong performance and growth potential in the Hoka and UGG brands.

Portfolio Pulse from Priya Nigam

May 28, 2024 | 4:47 pm

CAVA

Cava Group, Inc. (NYSE:CAVA) shares are trading higher ahead of its first-quarter earnings report, with the stock up over 20% in the past month. Analysts expect earnings of 4 cents per share and sales of $245.935 million. The company recently opened a new production facility in Virginia, and Stifel raised its price target to $90. Cava shares are trading above the 50-day moving average, with 15.37% of shares sold short.

Portfolio Pulse from Erica Kollmann

May 28, 2024 | 4:44 pm

BTCUSD

ETHUSD

GBTC

A survey funded by Grayscale reveals that one-third of U.S. voters will consider a political candidate's stance on cryptocurrencies in the 2024 elections. The survey highlights the growing importance of crypto in political campaigns and investment portfolios, with significant awareness and investment in Bitcoin and Ethereum. The introduction of Ether ETFs and the desire for more regulation are also noted.

Portfolio Pulse from Murtuza Merchant

May 28, 2024 | 4:44 pm

GETY

Getty Images Holdings, Inc. (NYSE: GETY) shares are up 4.11% to $3.55 following a partnership with FILMPAC to distribute premium stock footage. The collaboration aims to meet the high-quality content demands of Getty's clients. Despite a 5.2% year-over-year decrease in Creative revenue in Q1, the company continues to expand its offerings, including the recent acquisition of Motorsport Images.

Portfolio Pulse from Nabaparna Bhattacharya

May 28, 2024 | 4:38 pm

FEPI

GGME

MSFT

NFLX

Netflix Inc (NASDAQ:NFLX) may discontinue offline viewing on its Microsoft Corp (NASDAQ:MSFT) Windows app, according to multiple posts on X. The change will likely come with an upcoming update, but offline downloads will still be available on supported mobile devices. Netflix's ad-supported subscription plan has grown significantly, and the company reported strong first-quarter financial results. Netflix stock has gained over 64% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 4:25 pm

AMC

CNK

DIS

SONY

WBD

The Memorial Day weekend box office recorded its worst performance in three decades, with new releases 'Furiosa' and 'The Garfield Movie' failing to attract significant audiences. This continues a trend of declining ticket sales, exacerbated by ongoing Hollywood strikes and competition from streaming platforms.

Portfolio Pulse from Chris Katje

May 28, 2024 | 4:25 pm

COIN

The memecoin market is seeing a resurgence with Floki (FLOKI) and Dogwifhat (WIF) leading the charge. Floki surged 22% after announcing a major marketing campaign and being listed for futures trading on Coinbase. Dogwifhat saw a 12% rise due to a breakout from a symmetrical triangle pattern and significant buying pressure. Despite gains, analysts remain cautious about the long-term prospects of both tokens.

Portfolio Pulse from Murtuza Merchant

May 28, 2024 | 4:17 pm

EIS

ISRA

U.S. aid deliveries to Gaza by sea have been suspended due to damage to a temporary pier system caused by bad weather. The repairs are expected to take a week. This suspension is a setback for the aid operation that started two weeks ago.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 4:15 pm

ARM

GOOG

INTC

MSFT

NVDA

QCOM

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings (NASDAQ:ARM) with a price target of $180, citing strong licensing interest and growth potential in AI and datacenter markets. Nvidia (NASDAQ:NVDA) and Arm are highlighted as top picks for long-term growth.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 4:02 pm