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LUNR

Intuitive Machines will join NASA at a news conference at the Johnson Space Center in Houston on February 28, 2024, at 2:00 PM ET to discuss details of its upcoming lunar mission.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:14 pm

CDE

HL

STLD

XPL

Coeur Mining Inc. (CDE) announced a private placement of flow-through shares for exploration at Silvertip Property. Solitario Resources Corp. (XPL) discovered high-grade gold at its Golden Crest Project. Hecla Mining Company (HL) appointed Mark P. Board as a Director. Steel Dynamics, Inc. (STLD) increased its quarterly cash dividend by 8%. These developments highlight significant operational and financial activities within the mining and steel sectors.

Portfolio Pulse from Austin DeNoce

February 27, 2024 | 10:04 pm

ACAD

Acadia Pharmaceuticals projects 2024 net product sales for DAYBUE to be between $370M-$420M and for NUPLAZID to be between $560M-$590M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:55 pm

WEN

The Wendy's Company (NASDAQ:WEN) plans to implement surge pricing for menu items during peak times starting in 2025, following a model similar to ride-sharing companies. This strategy, supported by a $20 million investment in high-tech menu boards, aims to increase sales and profits by adjusting prices based on customer demand and location traffic. Wendy's CEO Kirk Tanner believes this will also foster franchisee interest in digital menu boards, further supporting growth. Elon Musk commented positively on the strategy, suggesting it could lead to lower average meal costs and improved operating margins for Wendy's.

Portfolio Pulse from Chris Katje

February 27, 2024 | 9:45 pm

RKLB

Rocket Lab USA Inc (NASDAQ:RKLB) reported Q4 earnings with revenue of $59.99 million, missing the consensus estimate of $62.89 million, and a loss of 10 cents per share, in line with estimates. The company unveiled a new family of spacecraft buses, including the Photon, Lightning, Pioneer, and Explorer. For Q1, Rocket Lab expects revenue between $92 million and $98 million, below estimates of $98.57 million, and an adjusted EBITDA loss of $28 million to $30 million. Shares fell 4.67% after hours to $4.49.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 9:36 pm

TTWO

American rapper Schoolboy Q hinted at his involvement in Take-Two Interactive Software Inc's (NASDAQ:TTWO) upcoming game Grand Theft Auto VI (GTA 6) through a social media post. This follows a similar hint by rapper T-Pain during a livestream. The GTA 6 trailer, released three months ago, suggests a 2025 release date and features a setting reminiscent of Miami's Vice City. Schoolboy Q's potential involvement adds to the anticipation around the game's musical contributions.

Portfolio Pulse from Franca Quarneti

February 27, 2024 | 9:34 pm

SPCE

Virgin Galactic Holdings (NYSE:SPCE) reported its Q4 financial results, revealing a revenue miss and an EPS beat. The company announced a Q4 net loss of $104 million, an improvement from the previous year. Full-year revenue for 2023 was $7 million, driven by commercial spaceflights and membership fees. Virgin Galactic ended Q4 with $982 million in cash and expects Q1 revenue of around $2 million with a free cash flow loss between $125 million and $135 million. The company's Galactic 07 spaceflight is scheduled for Q2 2023, and its spaceship factory in Arizona is set to open in mid-2024, with Delta Class spaceship production on track for 2026.

Portfolio Pulse from Chris Katje

February 27, 2024 | 9:32 pm

BTCUSD

Satoshi Nakamoto, the anonymous creator of Bitcoin, has recently gained attention as potentially becoming the world's wealthiest person if Bitcoin's price reaches $212,000. Nakamoto's identity remains a mystery, but recent releases of emails provide insight into his thoughts on Bitcoin's development, emphasizing its non-investment nature, potential environmental impact, and the importance of pseudonymity. The Bitcoin community reflects on Nakamoto's legacy and the implications for privacy and identity in the digital age.

Portfolio Pulse from Murtuza Merchant

February 27, 2024 | 8:59 pm

TGTX

TG Therapeutics' stock is trading higher following the announcement of the issuance of additional patents for BRIUMVI, a key product in their portfolio.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 8:43 pm

NFGC

SPOFF

EarthLabs (OTC:SPOFF), a Canadian mining investment and technology company, is preparing for a potential commodity market boom by adopting a multi-faceted business approach. This includes investments in mining, a media group comprising several platforms for outreach, and a robust royalty portfolio, including a notable royalty on New Found Gold Corp (NYSE:NFGC). CEO Denis Laviolette highlighted EarthLabs' unique strategy, comparing it to General Electric's broad product range and the versatility in mixed martial arts. Laviolette also discussed the challenges and opportunities in the African commodity market, emphasizing the competition from China and India, and the potential for the continent's mining sector. Additionally, he addressed the current state of the metals and minerals space, the difficulty for U.S. retail investors to access Canadian junior miners, and EarthLabs' efforts to simplify access to mining investments.

Portfolio Pulse from Melanie Schaffer

February 27, 2024 | 8:40 pm