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AMRC

Ameresco, in partnership with Wakefield Municipal Gas & Light, has completed the installation of 470 solar PV modules, each with a capacity of 490W, totaling an array output of 230 KW.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:09 pm

BOF

WMT

BranchOut Food has expanded its contract with Walmart, the nation's largest retailer, by $300,000, bringing the total annualized value to over $8M. BranchOut's dried fruit products are set to enter 1,400 stores in September 2024.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:08 pm

AGYS

Agilysys has introduced IG Fly, a new addition to its InfoGenesis Point-of-Sale portfolio, designed as a mobile all-in-one ordering and payment solution. This expansion aims to enhance customer experience and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:07 pm

PHUN

Phunware has announced the multi-year renewals of its mobile solutions contracts with customers in the hospitality and healthcare sectors. The financial terms of these renewals were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:05 pm

MGA

SERV

Serve Robotics Inc. (SERV) has expanded its agreement with Magna International Inc. (MGA) to scale up the manufacturing of its autonomous delivery robots, aiming to deploy up to 2,000 robots for Uber Eats and for geographic expansion. This collaboration leverages Magna's manufacturing expertise and Serve's technology, marking a significant step in Serve's growth and the adoption of robotics in logistics.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:04 pm

HAL

Halliburton Company (NYSE:HAL) has been awarded a contract by Rhino Resources Ltd. for deep water integrated multi-well construction services offshore Namibia. The contract includes exploration and appraisal wells construction, testing services, and extending Halliburton's country operation facilities in Namibia. This collaboration aims to harness Namibia's oil and gas sector potential, with a focus on local economic benefits and innovation. Rhino Resources, holding operatorship of Block 2914A in the Orange Basin, has identified significant potential through a recent 3D seismic survey. The operational commencement is expected in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:02 pm

SCPH

scPharmaceuticals has started enrolling participants for a pivotal pharmacokinetic study of its FUROSCIX Auto-Injector, aimed at complementing the existing FUROSCIX On-body Infusor. The company expects to release topline data by Q3 2024 and plans to submit a Supplemental New Drug Application (sNDA) by the end of 2024, contingent on positive results.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:01 pm

SYRA

Syra Health has been chosen by the City of Portland, Maine, to create a Health Equity Accelerator Plan aimed at addressing social determinants of health in the Greater Portland community. This initiative highlights the company's involvement in public health projects and its commitment to improving health equity.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 11:56 am

TSLA

Tesla Inc (NASDAQ:TSLA) has launched a new Performance edition of the Model 3, priced at $52,990, eligible for a $7,500 federal EV tax credit, effectively reducing its price to $45,490 for eligible buyers. This makes it cheaper than the Long Range version after tax credits, despite being pricier upfront. The Performance model offers a range of 296 miles and a top speed of 163 mph, with deliveries expected within two months. Tesla's refreshed Model 3 includes rear-wheel drive and long-range variants, with the Performance variant reintroduced later. Leasing a Model 3 Long Range can be cheaper than the Performance model due to a $7,500 EV lease incentive. Elon Musk commented on the complexity of the EV incentives under the Inflation Reduction Act, highlighting the confusion around tax credits and leasing options.

Portfolio Pulse from Anan Ashraf

April 24, 2024 | 11:54 am

ALCPF

INTC

TSM

WICOF

Intel's introduction of the Gaudi 3 AI chip is expected to benefit TSMC, Alchip, and Wistron significantly, with Morgan Stanley projecting a surge in demand. TSMC will fabricate the chips, Alchip will provide design services, and Wistron will supply baseboards. The demand for AI is driving TSMC's revenue growth, and Alchip's strategic relocation to Japan aligns with its involvement in Gaudi chips. Intel's stock, currently consolidating, may rise with the Gaudi 3 launch and resolution of supply issues by the second half of 2024.

Portfolio Pulse from Benzinga Neuro

April 24, 2024 | 11:52 am