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VRT

Vertiv is expanding its North American production by opening a new 215,000 sq. ft. facility in South Carolina. This expansion aims to meet the growing demand for critical digital infrastructure solutions and will create up to 300 jobs.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:31 pm

C

OKLO

Citi has flagged a delay in Oklo's first application, which is now planned to be submitted under the ADVANCE Act in 2025. Oklo continues its groundwork for the Aurora Powerhouse project in Idaho.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:20 pm

LVS

Las Vegas Sands (LVS) shares surged by 6% following the People's Bank of China's announcement of a broad monetary stimulus package. The measures, including cuts to the reserve requirement ratio and repo rate, are expected to boost Chinese consumer spending, benefiting LVS's Macau operations.

Portfolio Pulse from Henry Khederian

September 24, 2024 | 7:08 pm

RTX

The U.S. State Department has approved a $740 million sale of Stinger missiles to Egypt, as announced by the Pentagon. This deal may involve RTX Corporation, known for manufacturing defense equipment.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:04 pm

BA

Boeing is facing significant challenges in 2024, including union strikes, safety concerns, and competition from SpaceX. Over 30,000 Boeing employees are on strike, affecting operations and potentially benefiting SpaceX in future space contracts. Boeing's Starliner mission faced issues, leaving astronauts stranded, while SpaceX's Dragon capsule will bring them back. These setbacks may impact Boeing's ability to secure future contracts with NASA and other agencies.

Portfolio Pulse from Chris Katje

September 24, 2024 | 7:01 pm

EADSY

HA

Hawaiian Airlines has announced the implementation of fast and free Starlink Wi-Fi across its entire Airbus fleet. This move is expected to enhance passenger experience by providing reliable internet connectivity during flights.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:01 pm

NNE

GAIN has announced the fourth round of FY 2024 nuclear energy voucher recipients, granting four companies access to DOE National Labs for advanced nuclear technology innovation. Nano Nuclear Energy is among the selected companies.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:51 pm

SRZN

Surrozen shares rise following a $10 million payment from Boehringer for the development of SZN-413, a treatment for retinal vascular diseases.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:46 pm

AMZN

CRM

GOOGL

MSFT

ORCL

Piper Sandler analyst Brent Bracelin upgraded Salesforce (CRM) to Overweight, raising the price target to $325, citing potential doubling of free cash flow by 2029 due to AI initiatives. Salesforce's valuation is favorable compared to peers, and new pricing strategies could boost growth. The company is accelerating product updates, particularly in AI, and leveraging strategic partnerships.

Portfolio Pulse from Anusuya Lahiri

September 24, 2024 | 6:40 pm

CYN

Cyngn shares rose following the successful completion of the first build of its next-generation 12,000 lb drivemod tugger at its OEM partner's facility.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:40 pm