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Insiders at Tecogen Inc., Bespoke Extracts Inc., and GlucoTrack Inc. have recently made significant purchases of their companies' stocks, signaling potential confidence in their respective companies' futures. Tecogen is poised to release its Q1 financial results, Bespoke Extracts has seen a 22% stock decline over six months, and GlucoTrack announced the closing of a private placement.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 1:03 pm

AZN

AstraZeneca Plc (NASDAQ:AZN) reported Q1 sales of $12.68 billion, a 17% increase year over year, driven by strong sales in cancer drugs, but missed the adjusted EPADS consensus. The company saw an 18% increase in Product Sales and growth in Alliance Revenue. R&D expenses rose to $2.7 billion, with sales and administration costs up due to marketing for new drugs. Oncology sales jumped 26% to $5.12 billion, with Tagrisso and Imfinzi leading. CVRM sales increased 20%, and Rare Disease drug sales were up 12%. AstraZeneca reaffirmed its fiscal year 2024 guidance for revenue and core EPS to increase by a low double-digit to low teens percentage. AZN shares were up 4.99% at $74.75 in the premarket session.

Portfolio Pulse from Vandana Singh

April 25, 2024 | 1:03 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) has announced an agreement to produce four modular electrical distribution centers for a client in the big box retailer market, as part of a potential 20-unit order for 2024. These units are designed for flexible and efficient electricity distribution, showcasing the company's expertise in modular construction.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 1:02 pm

CMCSA

Comcast Corp (NASDAQ:CMCSA) reported Q1 earnings with a revenue increase of 1.2% YoY to $30.058 billion, surpassing estimates. EPS was $1.04, beating the 99 cents forecast. Peacock subscribers rose 55% YoY to 34 million. Despite positive results, CMCSA shares fell 3.62% to $38.76.

Portfolio Pulse from Adam Eckert

April 25, 2024 | 12:57 pm

EADSY

China is reportedly in discussions to place a significant order with Airbus, potentially involving hundreds of jets, according to Reuters. This move could mark a major deal for Airbus in the competitive aviation market.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:52 pm

SKYX

SKYX Platforms Corp. (NASDAQ:SKYX) announces a collaboration with Chinese lighting supplier Ruee Appliances to enhance market penetration in the US, Chinese, and European markets. This partnership aims to provide SKYX with financial support, mass production capabilities, and global distribution, expected to improve operational efficiencies and gross margins. SKYX, known for its smart platform technology and numerous patents, also highlighted its recent achievements including record sales and partnerships with industry leaders like General Electric.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:50 pm

CNDT

Conduent Incorporated (NASDAQ:CNDT) has implemented an Express Lanes tolling system for the Virginia Department of Transportation (VDOT) on a segment of the I-64 Hampton Roads Express Lanes. The system, part of a 2021 contract, includes dynamic pricing, automated license plate recognition, and vehicle classification technologies to improve traffic flow and reduce congestion. This segment is the first of four to be implemented, potentially expanding into a 45-mile Express Lanes network.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:49 pm

EQNR

ICOW

PWER

Equinor ASA (NYSE:EQNR) shares rose in premarket trading after reporting Q1 FY24 results with adjusted revenue of $24.79 billion, surpassing consensus estimates. The company saw a 2% increase in equity liquids production and a 48% increase in renewable energy production. However, equity gas production slightly fell by 1%, and operating cash flow decreased by 39%. Adjusted EPS was $0.96, beating consensus estimates. Equinor declared a quarterly cash dividend of $0.35 and an extraordinary dividend of the same amount, with a share buyback program valued at up to $1.6 billion for 2024. The company reaffirmed its FY24 outlook, expecting stable production and $13 billion in organic capital expenditures. Equinor's focus on renewable energy growth and exploration success was also highlighted.

Portfolio Pulse from Lekha Gupta

April 25, 2024 | 12:49 pm

LUCY

Innovative Eyewear, Inc. has partnered with New Look Vision Group to offer its Lucyd smart eyewear in Canada. The smart frames are available on NewLook.ca and select stores in Quebec. New Look, a leading eyewear retailer with over 450 stores in the US and Canada, has been recognized as one of Canada's Best Managed Companies. This partnership allows Innovative Eyewear to introduce its products to the Canadian market, leveraging New Look's extensive retail network and award-winning retail experience.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:48 pm

ITI

Carson City, Nevada, has selected Iteris, Inc. (NASDAQ:ITI) to upgrade its intersection detection sensors to the Vantage Apex hybrid sensors, featuring 1080p HD video and 4D radar with AI algorithms for improved safety and mobility. These sensors are part of Iteris' ClearMobility Platform, aiming to enhance traffic management through advanced detection and analytics.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:47 pm