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NET

Cloudflare, Inc. (NYSE:NET) announced a 174% increase in channel revenue over the last two years, earning a 5-Star ranking from CRN for its Partner Program. The Cloudflare PowerUP Partner Program aims to provide clear revenue paths for global partners, emphasizing the importance of partnerships in delivering comprehensive cybersecurity solutions across various sectors. Cloudflare's connectivity cloud supports organizations in managing cyber risks, reducing costs, and fostering innovation across cloud environments.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:08 pm

TXG

10x Genomics announced the launch of its Visium HD Spatial Gene Expression Assay, a new product designed to enhance gene expression analysis. This launch could potentially expand the company's market share and strengthen its position in the genomics industry.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:06 pm

PSNL

Personalis, Inc. (NASDAQ:PSNL) announced the validation of its NeXT Personal test, an ultra-sensitive assay for detecting minimal residual disease (MRD) and monitoring cancer treatment response. The test, which uses a personalized tumor-informed approach, demonstrated high analytical sensitivity and accuracy across nine cancer types in a study. Initial findings at the ESMO Congress showed its potential clinical benefit in early-stage lung cancer detection and outcome prediction.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:05 pm

CELU

Celularity Inc. (NASDAQ:CELU) announced that its product Biovance 3L received a Healthcare Common Procedure Coding System (HCPCS) Q code approval from the U.S. Centers for Medicare & Medicaid Services (CMS), effective April 1, 2024. Biovance 3L is a tri-layer allograft derived from placental tissue for wound treatment. This approval is expected to drive growth and impact Celularity's performance positively.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:02 pm

IHRT

Mundo Hispano Digital has announced a partnership with iHeartMedia to distribute MundoNow's Oyénos Audio Network podcasts through iHeartPodcasts. This collaboration aims to amplify LatinX voices in the audio space by leveraging iHeartMedia's extensive reach and marketing assets. Oyénos, which has seen remarkable growth since its launch, features diverse narratives across various genres. The partnership is timely, considering the significant increase in podcast listenership among Latinos. iHeartMedia's integration of Oyénos into its network, including collaboration with My Cultura, aims to serve the Latin community's needs more effectively.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:01 pm

CHKP

MSFT

Checkpoint Software Technologies (CHKP) has announced a collaboration with Microsoft (MSFT) to integrate AI Copilot into its security services. This partnership aims to enhance cybersecurity measures by leveraging advanced AI technologies.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 1:01 pm

BDX

COHR

ELF

IOT

KKR

NFE

PSTG

RIO

STZ

Jim Cramer, on CNBC's 'Mad Money Lightning Round,' recommended several stocks, highlighting their recent performances and strategic moves. Energy Transfer LP (ET) exceeded Q4 earnings expectations. KKR & Co. Inc. (KKR) and Blackstone (BX) are on a significant run, with substantial assets under management and a new partnership in South Korea. Rio Tinto Group (RIO) reported a slight decline in sales revenue but beat consensus. Becton, Dickinson and Company (BDX) increased syringe production in the U.S. California Resources Corporation (CRC) nominated a new board member, while Cramer preferred Constellation Energy (STZ). e.l.f. Beauty, Inc. (ELF) received a buy rating from DA Davidson. Pure Storage, Inc. (PSTG) was initiated with a buy rating by Citigroup. Samsara Inc. (IOT) reported strong Q4 results. Coherent Corp. (COHR) exceeded Q2 expectations. New Fortress Energy Inc. (NFE) was recommended by Cramer, praising CEO Wes Edens.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 12:54 pm

Ford Motor Co CFO John Lawler will affirm the company's 2024 financial guidance at the BofA Securities Auto Summit, reiterating adjusted EBIT of $10B-$12B, adjusted free cash flow of $6B-$7B, and capex of $8B-$9.5B. He will also discuss the Ford+ growth plan, which aims to offer a mix of gas, hybrid, and electric vehicles to improve growth, margins, and reduce cyclicality.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:50 pm

TSLA

Tesla shares are experiencing an uptick following reports that Italy has initiated discussions with the company regarding the production of electric trucks. This move highlights Italy's interest in advancing its electric vehicle infrastructure and Tesla's potential expansion into new markets and product lines.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:41 pm

TSLA

Tesla Inc (NASDAQ:TSLA) shares are trading higher due to reports of Italy approaching the EV maker for electric truck production. Additionally, Bernstein analyst Toni Sacconaghi cut Tesla's price target from $150 to $120, citing concerns over growth and margin leverage. Mizuho analyst Vijay Rakesh also downgraded Tesla, pointing to weak demand and rising inventories. Despite these downgrades, Tesla's revenue has grown at an average rate of 42.28% annually over the past five years, with an expected 38.37% upside in 2025.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 12:40 pm