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TTOO

T2 Biosystems has extended its multi-year capital equipment supplier agreement with Vizient. This extension allows Vizient members continued access to broader exposure and contracted pricing for T2Dx Instrument, T2Bacteria Panel, and T2Candida Panel.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:02 pm

LVO

TSLA

LiveOne has reported a significant growth in its membership, reaching over 3.7 million members, marking a 26% year-over-year increase. Specifically, Tesla members have surpassed 1.7 million, a 33% increase from the previous year. In March alone, LiveOne added more than 60,000 paid members, with an average revenue per user (ARPU) of over $3.10. The company anticipates its membership growth to exceed 1 million in 2024 and is developing over 55 new B2B partnerships, following a major deal that contributes over $2 million in monthly recurring revenues. Brad Konkol of Slacker Radio highlighted the decade-long partnership with Tesla and the focus on expanding B2B relationships to diversify risk and boost revenue streams.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:01 pm

BYND

Beyond Meat, Inc. (NASDAQ:BYND) has launched a new and expanded line of Beyond Crumbles, now available in the U.S. These plant-based crumbles come in three flavors and are certified by the American Heart Association and the American Diabetes Association. The products are designed to be a healthy protein option with low saturated fat and no cholesterol. This launch is part of Beyond Meat's ongoing efforts to innovate and provide healthier food options, following the certifications of Beyond Steak and the announcement of the Beyond IV platform.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:01 pm

MRNA

In the last three months, 5 analysts have provided diverse ratings on Moderna (NASDAQ:MRNA), with an average 12-month price target of $113.8, reflecting a 44.97% increase from the previous target of $78.50. Moderna's financials show a -45.37% decline in revenue growth and below industry benchmarks in profitability and efficiency metrics. The company's mRNA technology has been validated with its COVID-19 vaccine, and it has 39 mRNA development candidates in clinical trials.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 1:00 pm

BLK

NKLA

NVDA

TSLA

The crypto market cap surpasses $2.6 trillion, driven by Dogecoin's spike and BlackRock's successful Bitcoin ETF. In US markets, Nvidia is removed from Piper Sandler's model portfolio, and the S&P 500 hits a new record. Biden's comprehensive policy for federal AI use is unveiled, amid various political and economic developments globally. In tech, significant investments in AI and lithium signal industry confidence. The electric vehicle sector sees mixed fortunes, with Tesla adjusting to Mexico's EV charging rules and Nikola launching a hydrogen fueling station.

Portfolio Pulse from Akanksha Bakshi

March 28, 2024 | 12:49 pm

RSLS

ReShape Lifesciences' stock is trading higher following the company's announcement of receiving a notice of allowance for a new US patent concerning its intragastric balloon system.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:49 pm

GOOG

META

MSFT

NFLX

SNAP

SPOT

LinkedIn, owned by Microsoft Corp (NASDAQ:MSFT), is testing a TikTok-style short-form video feed focused on professional growth content, entering the competitive short video space alongside Meta Platforms Inc (NASDAQ:META), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Snap Inc (NYSE:SNAP), Netflix Inc (NASDAQ:NFLX), and potentially Spotify Technology SA (NYSE:SPOT) which is exploring full-length music videos. This move aims to adapt to evolving content consumption habits and leverage the popularity of career advice on platforms like TikTok.

Portfolio Pulse from Anusuya Lahiri

March 28, 2024 | 12:48 pm

DAT

PLTR

SHLD

Palantir Technologies Inc. (NYSE:PLTR) shares are trading lower in the premarket session despite announcing a 12-month agreement with The Ministry of Education and Science of Ukraine to support the School Offline program, aiming to enhance safe educational access for 300,000 more students. The initiative is part of Palantir's ongoing support for Ukraine, including military, resettlement, war crimes investigation, and demining efforts. Investors can also gain exposure to PLTR through ProShares Big Data Refiners ETF (NYSE:DAT) and Global X Funds Global X Defense Tech ETF (NYSE:SHLD).

Portfolio Pulse from Nabaparna Bhattacharya

March 28, 2024 | 12:45 pm

CEI

Camber Energy has announced the issuance of an additional US patent, which covers transmission line ground fault prevent systems. This development could enhance the company's intellectual property portfolio and potentially open up new revenue streams through licensing or implementation of the technology.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:42 pm

CISO

CISO Global (NASDAQCM: CISO) has entered into an exclusive agreement with The Fortegra Group, Inc. to offer product protection plans for its cybersecurity clients. This partnership allows CISO Global to provide $250,000 financial protection for its AI-based endpoint detection and response technology, CHECKLIGHT®, which protects against cyber threats like malware and ransomware. The CHECKLIGHT® protection plan is now available globally, with plans to expand to Latin America and Europe.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 12:38 pm