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Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed performance as analysts predict significant movements, including a potential Dogecoin pump. US markets see cautious optimism with Nasdaq and S&P futures flatlining ahead of key data, while Waste Management and Goodyear Tire are stocks to watch. Political and economic developments, including US-China tensions and EU climate policy shifts, alongside tech and EV sector updates, including Apple, Google, and Tesla, highlight the global landscape. Elon Musk's activities, from SpaceX Mars plans to Tesla's challenges, also draw attention.

Portfolio Pulse from Akanksha Bakshi

February 12, 2024 | 2:21 pm

KSS

Kartoon Studios has announced a partnership with Penguin Young Readers and Kohl's to launch 'Llama Llama' merchandise. The first product launch is scheduled for February 2024, with a second promotion set for April 2024. These products will be available in Kohl's stores nationwide and on Kohls.com. The partnership aims to expand the 'Llama Llama' brand into new consumer products.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:17 pm

STLA

Stellantis (STLA) announced the adoption of the SAE J3400 charging connector for its battery-electric vehicles (BEVs) in North America, starting with select models in 2025. This move is part of the Dare Forward 2030 strategy aiming for carbon net-zero by 2038. Stellantis will also provide adapters for vehicles with CCS ports to use the J3400 infrastructure. This follows the IONNA joint venture with six automakers to install 30,000 high-powered charge points across North America by 2030, supporting both CCS and J3400 connectors.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:06 pm

CEI

Camber Energy, Inc. (CEI) announced a significant advancement in carbon-capture technology through its subsidiary's licensing of the ESG Clean Energy System, which includes nine patents. This system, proven to exceed expectations in recent tests, offers a cost-effective and energy-efficient solution for carbon dioxide capture. With exclusive rights in Canada and multiple U.S. locations, Camber aims to leverage this technology alongside its subsidiary, Simson-Maxwell Ltd., to address the growing carbon capture market, projected to reach $12.9 billion by 2030. The technology aligns with Canada's increasing carbon tax, offering a pragmatic solution for reducing carbon footprints and generating revenue.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:06 pm

FCUV

Focus Universal Inc. (FCUV) has entered into an agreement with Ininbio to develop and supply sensors and controllers for fermentation processes in the production of alcohol-based beverages. This partnership aims to enhance the efficiency and quality of beverage production.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:06 pm

JOBY

Joby Aviation's stock is on the rise following the announcement of a definitive agreement with Dubai's Road and Transport Authority to initiate air taxi services in Dubai by early 2026.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:04 pm

SNES

SenesTech, Inc. (NASDAQ:SNES) has been approved as a vendor for all Ace Hardware stores, expanding its reach to over 4,500 locations. This partnership allows Ace Hardware stores to order directly from SenesTech and includes participation in Ace's vendor events. SenesTech's President and CEO, Joel Fruendt, highlighted the move as a significant step into the retail market, especially for their EvolveTM soft bait product. The company has also adapted its packaging for retail and is engaging with rep agencies to further penetrate the market. This follows an earlier decision where some Ace franchises began carrying SenesTech's rodent fertility control products.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:03 pm

CE

Celanese Corporation (NYSE:CE), a global specialty materials and chemical company, announced its approval as a Utilization Procurement Grants (UPGrants) vendor by the U.S. Department of Energy. This makes Celanese the only producer of low-carbon acetic acid under the ECO-CC product name, using carbon capture and utilization (CCU) technology. The company's products, including low-carbon methanol, aim to reduce greenhouse gas emissions and support sustainable solutions across various applications. Celanese's CCU project at Clear Lake, Texas, is expected to capture 180,000 metric tons of CO2 annually, contributing to the production of 130,000 metric tons of low-carbon methanol.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:02 pm

CDNS

DSY.PA

Cadence Design Systems, Inc. (CDNS) and Dassault Systèmes (DSY.PA) have announced an extension of their strategic partnership to integrate Cadence's AI-driven OrCAD X and Allegro X with Dassault's 3DEXPERIENCE Works Portfolio for SOLIDWORKS customers. This collaboration aims to accelerate the development of electromechanical systems by offering a cloud-enabled, end-to-end solution that promises up to a 5X reduction in design turnaround time. The solution enhances collaboration across PCB, 3D mechanical design, and simulation, optimizing performance, reliability, manufacturability, and cost. It will be available in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:01 pm

TTOO

T2 Biosystems has received FDA 510(k) clearance for its expanded T2Bacteria Panel, a significant development for the company. This clearance allows the company to market its enhanced diagnostic panel, which could lead to increased adoption and sales.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:01 pm