Streetbeat News

Products Services

OGEN

Oragenics shares are trading higher after the company announced its concussion drug ONP-002 has cleared FDA-Required cardiotoxicity testing and a Phase II study is being planned.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:12 pm

DGII

Digi International (NASDAQ: DGII) has announced expanded support for Linux and improved Microsoft Windows functionality with its USB connectivity solution, Digi AnywhereUSB Plus. This enhancement underscores Digi's commitment to providing flexible, reliable, and scalable IoT solutions.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:12 pm

MLM

PKB

SUPP

Martin Marietta Materials Inc (NYSE:MLM) reported a 3% Y/Y decline in Q2 FY24 revenue to $1.764 billion, missing the consensus of $1.846 billion. Adjusted EPS of $5.26 also missed the consensus of $5.40. The company lowered its fiscal outlook for 2024, citing factors like historic precipitation and restrictive monetary policy impacting shipments. The stock is trading lower by 1.54% premarket. Investors can gain exposure via TCW Transform Supply Chain ETF (NYSE:SUPP) and Invesco Building & Construction ETF (NYSE:PKB).

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 1:07 pm

IPWR

Ideal Power Inc (NASDAQ:IPWR) has entered into a global distribution agreement with RYOSHO USA, a subsidiary of RYODEN CORP. This deal includes orders from a large global customer for Ideal Power's solid-state circuit protection products. The partnership leverages RYOSHO's strong technical sales team and global reach, particularly in Asia. Ideal Power's asset-light business model allows it to focus on B-TRAN technology improvements while minimizing capital requirements. Following the announcement, IPWR stock closed higher by 3.06% at $7.08 on Wednesday.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 1:05 pm

IPWR

Ideal Power has received orders from RYOSHO for its solid-state circuit protection applications, indicating strong interest from a large global customer.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:05 pm

IPWR

Ideal Power has announced a global distribution agreement with RYOSHO U.S.A., which is expected to expand its market reach and potentially boost sales.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:05 pm

SIEB

Siebert Financial has acquired Gebbia Entertainment, marking its expansion into the music, entertainment, and media sectors. The financial terms of the acquisition were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:04 pm

ABT

The Government of Quebec has expanded public reimbursement for Abbott's FreeStyle Libre 2 Flash Glucose Monitoring System to more adults with diabetes. This update, effective from July 4, 2024, will benefit individuals 18 years and older with type 1 or type 2 diabetes who are treated with intensive insulin and meet specific criteria.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:04 pm

SOUN

SoundHound AI has acquired Amelia, enhancing its position as a leading provider of voice and conversational AI across various industries such as retail, financial services, healthcare, and automotive. The acquisition also brings new customer service contracts from multinational clients.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:01 pm

EPAM

EPAM Systems reported Q2 2024 earnings with revenue and EPS beating analyst estimates, but lowered its annual revenue outlook. The company highlighted its GenAI expertise and announced a new $500 million share repurchase program.

Portfolio Pulse from Anusuya Lahiri

August 08, 2024 | 1:01 pm