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GTLS

Chart Industries, Inc. (GTLS) has been selected to provide critical liquefaction equipment for the Cedar LNG project, including natural gas liquefaction cold boxes and brazed aluminum heat exchangers.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:35 am

BW

Babcock & Wilcox (B&W) has secured a contract exceeding $7 million to upgrade waste-fueled boilers and combustion equipment at a waste-to-energy plant in Southeast Asia, following a successful FEED study by its subsidiary B&W Renewable Service.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:33 am

AKAM

NVDA

Akamai Technologies, Inc. has introduced a new cloud service for the media and entertainment industry, leveraging NVIDIA's RTX 4000 Ada Generation GPU to enhance video processing efficiency and productivity. This addition to Akamai's cloud portfolio aims to address the growing demand for faster and more efficient video content processing.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:31 am

RVTY

Revvity announced the launch of Signals Synergy, a new software solution aimed at enhancing collaboration, project management, and data exchange between pharmaceutical and biotechnology sponsors and their external contract partners. This initiative is expected to streamline operations and improve efficiency in the pharmaceutical and biotechnology sectors.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:29 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares are down in premarket trading, despite broader market optimism. The decline is attributed to rumors of potential large-scale layoffs, with reports suggesting up to 20% of the workforce could be affected. This news comes ahead of Tesla's quarterly results, which are anticipated to underperform following a first-quarter delivery miss. Additionally, Tesla recently halved the subscription price for its full self-driving software. In premarket trading, Tesla shares fell 0.61% to $171.05.

Portfolio Pulse from Shanthi Rexaline

April 15, 2024 | 10:10 am

KBR

KBR (NYSE:KBR) has entered into an exclusive alliance with GeoLith SAS to globally offer GeoLith's Direct Lithium Extraction (DLE) technology, Li-Capt®, which enables zero-emission lithium extraction from sources like geothermal and oil well brines. This agreement positions KBR as the exclusive global licensor of Li-Capt®, complementing its suite of battery material technologies and providing clients with a comprehensive solution for producing battery-grade lithium.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:04 am

NCTY

The9 Limited (NASDAQ:NCTY), an established Internet company, announced that its investee WM Therapeutics has made significant progress in the development of precision antidepressant treatment using its GenAI multi-dimensional omics drug clinical research technology. This breakthrough could bring new hope to patients suffering from depression.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 10:03 am

TSLA

Tesla Inc. has reportedly signed a strategic agreement with Tata Electronics to source semiconductor chips for its global operations, highlighting Tesla's focus on the Indian market. This partnership is expected to position Tata Electronics as a key supplier in the semiconductor industry, boosting India's role in the global value chain. The deal, which was signed a few months ago, comes as Tesla plans to invest $2-3 billion in India for EV production, aiming to capitalize on the growing automotive market and recent policy changes favoring EV manufacturing.

Portfolio Pulse from Shomik Sen Bhattacharjee

April 15, 2024 | 9:47 am

SSNLF

TSM

Samsung executives reportedly visited Taiwan and TSMC in secret to discuss a collaboration on High Bandwidth Memory (HBM).

Portfolio Pulse from Charles Gross

April 15, 2024 | 9:30 am

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FXI

LI

NIO

TSLA

XPEV

China's electric vehicle (EV) charging infrastructure saw steady growth in Q1 2024, according to industry data. This development is significant for companies involved in the EV sector, particularly those operating in or exporting to China.

Portfolio Pulse from Charles Gross

April 15, 2024 | 9:19 am