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LTBR

Lightbridge Corporation has signed a contract with Centrus Energy Corp to conduct a Front-End Engineering Design (FEED) study for a pilot fuel fabrication facility in Piketon, Ohio. This step is crucial for Lightbridge's development of its innovative nuclear fuel technology.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:32 am

LEV

The Lion Electric Company announced that its LionBattery MD, designed for medium-duty trucks and school buses, has received final certification. This milestone could enhance the company's product offerings and market competitiveness.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:32 am

LAKE

Lakeland Industries Inc (NASDAQ:LAKE) reported a 11.6% year-on-year increase in Q3 FY24 sales to $31.68 million, surpassing analyst estimates. The growth was driven by market share expansion in first responder markets and strength in oil, gas, and utilities. However, sales of disposable products, especially in Asia, declined. Gross profit rose 8.9% to $13.4 million, but the gross margin contracted by 110 basis points to 42.2%. Operating income surged 62.9% to $3.6 million, and adjusted EBITDA increased over 10% Y/Y. EPS of $0.34 beat the $0.27 estimate. The company ended the quarter with $26.4 million in cash and equivalents. Despite challenges in China, the company's diverse geographic and end-market presence supported its performance. LAKE shares closed 1.72% higher at $14.80 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

December 07, 2023 | 11:27 am

COHR

Coherent Inc. has announced the launch of the industry's first 800G ZR/ZR+ transceiver in an ultracompact QSFP-DD pluggable form factor, designed for optical communications networks. This innovation is expected to enhance the capabilities of data centers and telecom networks by providing high-speed data transmission over long distances.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:22 am

DNUT

Krispy Kreme announces the comeback of its 'Day of the Dozens' event on December 12th, where customers can buy a dozen Original Glazed Doughnuts for $1 with the purchase of any dozen or 16-count minis. This annual promotion aims to drive customer traffic and sales.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:20 am

PRTC

PureTech Health announced results from the Phase 1 portion of their Phase 1/2 clinical trial for LYT-200, a treatment targeting Galectin-9 in solid tumors. The results could influence the company's future development plans and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:18 am

RTX

Pratt & Whitney Canada, a division of Raytheon Technologies (RTX), and Dassault Aviation have announced the entry into service of the PW812D-powered Falcon 6X business jet. This marks a significant milestone for both companies in the aviation industry.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:15 am

AAPL

FB

GOOG

Meta Platforms Inc. (NASDAQ:FB) has rolled out end-to-end encryption for Facebook and Messenger, with plans to extend it to Instagram. The encryption, based on the Signal and Labyrinth protocols, will take months to reach over a billion users. WhatsApp, also owned by Meta, already features end-to-end encryption. The move follows similar privacy measures by other tech giants, despite concerns over content scanning for illegal activities like child abuse.

Portfolio Pulse from Ananya Gairola

December 07, 2023 | 11:08 am

AAPL

GOOG

META

PEP

TSLA

Morning Consult's annual survey lists the fastest growing brands in the U.S. for 2023, with ChatGPT leading overall and OpenAI ranking seventh. Technology and beverage brands dominate the lists, with notable mentions of Tesla, Meta Platforms, Alphabet, and Apple among various age demographics. PepsiCo's Starry and Zelle also feature prominently. The survey's results could indicate gaining consumer interest and potential market share increases for these companies.

Portfolio Pulse from Chris Katje

December 07, 2023 | 11:07 am

DIS

The Walt Disney Company (NYSE:DIS) has initiated the beta launch of a Hulu and Disney+ integrated streaming experience, known as 'Hulu Hub', within the Disney+ app. This feature allows bundle subscribers to access Hulu's content, including Originals and next-day TV shows, directly from Disney+. Despite the integration, Disney and Hulu apps will continue to operate separately. The full Hulu on Disney+ experience is expected to be released in spring. The move follows Disney's Black Friday promotion offering a discounted bundle subscription.

Portfolio Pulse from Benzinga Neuro

December 07, 2023 | 11:06 am