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LAAC

Ganfeng Lithium agrees to acquire a 15% interest in PGCo, a subsidiary of Lithium Argentina (LAAC), for $70M. The investment will support the development of the Pastos Grandes Basin with a focus on utilizing Ganfeng's DLE technology. The deal, expected to close in Q2 2024, aims to enhance LAAC's balance sheet and foster the global lithium supply chain.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:29 pm

LAES

SEALSQ

SEALSQ announced a significant upgrade to its crypto wallet security features, aiming to enhance user protection against cyber threats. This move is expected to bolster confidence among its users and potentially attract new customers looking for secure crypto transaction solutions. Although LAES is mentioned, the focus remains on SEALSQ's advancements.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:27 pm

SSYS

Stratasys has launched two new GrabCAD software packages, Streamline Pro and Print Pro for PolyJet, aimed at enhancing the management and scalability of 3D printing operations. The new software could significantly increase hardware usage by 30-to-50 percent.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:26 pm

ERIC

Ericsson (NASDAQ: ERIC) has partnered with Mobily to evolve the network infrastructure in Saudi Arabia using Open RAN technology, focusing on enhancing network flexibility.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:22 pm

WRAP

Wrap Technologies, Inc. (NASDAQ:WRAP) announced a 20 unit expansion order for BolaWrap 150 devices by the Detroit Police Department, following a successful initial deployment. The devices support the Crisis Intervention Team in safely managing individuals in mental health crises. This marks a significant adoption of Wrap's 'no-harm' public safety solutions in a major urban area, reflecting a shift towards minimal force policing.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:20 pm

WAVD

Firefly Neuroscience, Inc. announced findings from a white paper titled 'Brain Network Analytics (BNA) in the Psychiatric Practice: Real-Life Data Analysis', showcasing the significant impact of its BNA™ Platform on disease management in 2,253 U.S patients. The FDA-approved tool demonstrated improvements in treatment compliance, medication selection, and overall patient outcomes for major depressive disorder, generalized anxiety disorder, and ADHD. Additionally, Firefly is set to merge with WaveDancer, Inc. (NASDAQ:WAVD), pending stockholder approval.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:18 pm

TSLA

Tesla Inc (NASDAQ:TSLA) shares dropped after its Gigafactory Berlin halted production due to a nearby arson attack on an electricity pylon, claimed by the Volcano Group. The incident follows a 7.16% fall in Tesla shares after a significant drop in China sales in February. Despite the disruption, Tesla had achieved a production milestone of 6,000 cars in a week in January.

Portfolio Pulse from Adam Eckert

March 05, 2024 | 2:17 pm

RIOT

Riot Platforms, Inc. (NASDAQ:RIOT) reported its February 2024 production and operations updates, highlighting a decrease in Bitcoin production compared to previous periods. The company produced 418 Bitcoin in February, a decrease from January 2024 and February 2023. Riot also announced a new purchase order with MicroBT for 31,500 miners to enhance efficiency at its Rockdale Facility, expecting to increase its mining capacity to 15.1 EH/s. Additionally, Riot is developing a new Corsicana Facility with a future capacity of 1 gigawatt, expecting to achieve a total self-mining hash rate capacity of 31 EH/s by the end of 2024 and 41 EH/s upon full deployment in 2025.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:16 pm

AMD

AMD has introduced the AMD Spartan UltraScale+ family, a new series of FPGAs designed for a variety of applications including embedded vision, healthcare, industrial networking, robotics, and video. These FPGAs are highlighted for their high I/O counts, power efficiency, and advanced security features.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:15 pm

TGT

Target's CEO announced plans to expand its supply chain by adding 10 more facilities over the next decade and launching a new membership program, 'Target Circle 360', next month.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:14 pm