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ACON

Aclarion, Inc. (ACON) shares surged following the announcement that its Nociscan solution will be utilized in the LIFEHAB trial for diagnosing and treating chronic low back pain. This development marks a significant milestone for Aclarion, potentially enhancing its market position and product validation.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:10 pm

SGBX

Safe & Green Holdings (SGBX) shares surged following the announcement of an agreement to manufacture four container-based electrical distribution centers for a client in the big box retailer market. This multi-unit order signifies a potential expansion in SGBX's business operations and market reach.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:09 pm

BTCUSD

ETHUSD

The 'Buy Bitcoin' sign, shown during a 2017 Congressional hearing, sold for $1.027 million at auction, reflecting Bitcoin's significant value increase since then. The sale, made in 16 bitcoin, underscores the growing interest in digital assets, including cryptocurrencies like Bitcoin and Ethereum, and viral internet memes. This trend is highlighted by another auction for a popular meme, with the highest bid at 15 Ethereum. These events illustrate the rising popularity and value of digital and crypto assets.

Portfolio Pulse from Murtuza Merchant

April 25, 2024 | 4:01 pm

BMRN

In the past three months, 8 analysts have provided ratings for Biomarin Pharmaceutical (NASDAQ:BMRN), with a mix of somewhat bullish and indifferent perspectives. The average 12-month price target is $100.88, down from $106.25. Analyst actions include maintaining, raising, and lowering ratings and price targets. BioMarin focuses on rare-disease therapies and has seen a revenue growth of 20.22% as of December 31, 2023, but lags in profitability and efficiency metrics compared to industry peers.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 4:01 pm

EADSY

Airbus announced its production ramp-up plans, targeting a monthly production rate of 14 A220 aircraft and 75 A320 aircraft by 2026, and maintaining a rate of 4 A330 aircraft in 2024. The company's 2024 guidance is based on the assumption of no further disruptions to the global economy, air traffic, supply chain, or its internal operations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:51 pm

EADSY

Airbus announced that its 2024 guidance remains unchanged, with gross commercial aircraft orders totaling 170 and an equal number of net orders due to no cancellations. The order backlog has reached 8,626 commercial aircraft as of the end of March 2024. Additionally, Airbus plans to increase the production rate of the A350 to 12 aircraft a month by 2028.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:49 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares fell by 4% on Thursday despite announcing two new contracts for Basic Engineering and Design Packages (BEDP) for projects in Europe and the U.S., totaling up to 350 megawatts of electrolyzers. This addition brings Plug Power's global BEDP contracts to 4.5 gigawatts, including a significant 500 megawatts contract in Europe earlier this year. The company plans to deliver 40 electrolyzer systems by 2024, expanding its presence in multiple regions worldwide.

Portfolio Pulse from Nabaparna Bhattacharya

April 25, 2024 | 3:40 pm

VWAGY

XPEV

XPeng Inc (NYSE:XPEV), a Chinese EV manufacturer, is considering overseas production due to a European investigation into Chinese-made EVs for potential unfair advantages from state subsidies. The European Commission's probe, deemed protectionist by China, has prompted XPeng to review its strategy as it aims to increase its international sales from 1%-2% to around 10% this year. Despite challenges, XPeng plans to expand in Europe and eyes the U.S. market, emphasizing the global transition to green technology.

Portfolio Pulse from Shivani Kumaresan

April 25, 2024 | 3:36 pm

SLI

Standard Lithium (AMEX:SLI) has activated the largest direct lithium extraction (DLE) unit in North America, located in El Dorado, Arkansas. This unit, part of a demonstration plant, showcases a sustainable lithium production method with over 97% lithium recovery rate and minimal environmental impact. The DLE technology, which contrasts sharply with traditional mining methods, could revolutionize lithium production, especially in water-scarce regions. Other major companies like Exxon Mobil, Saudi Aramco, and ADNOC are also exploring DLE technology.

Portfolio Pulse from Stjepan Kalinic

April 25, 2024 | 3:24 pm

MSFT

PYPL

Sam Altman's Worldcoin is reportedly exploring partnerships with major companies including PayPal and OpenAI. This move could significantly impact the adoption and integration of Worldcoin's technology in mainstream financial and AI applications.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:20 pm