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SDIG

Stronghold Digital Mining (SDIG) announced that in March 2024, it will shut down its Scrubgrass Plant due to low power prices and expectations that this trend will continue. Instead, SDIG will import electricity for its mining operations under an agreement with Champion Energy Services.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:04 pm

LCID

Lucid Motors announced its Q1 2024 production and delivery figures, producing 1,728 vehicles and delivering 1,967 vehicles during the period.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:03 pm

SDIG

In March 2024, Stronghold Digital Mining (SDIG) reported mining 179 Bitcoin and generating approximately $0.1M in energy revenue, leading to an estimated total revenue of $11.1M for the month.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:02 pm

ATER

MELI

Aterian Inc has entered into a partnership with MercadoLibre Inc to sell select products on the Mercado Libre marketplace in Mexico, focusing initially on home and kitchen items. Aterian plans to expand its product offerings and presence across all Mercado Libre marketplaces in Latin America. This move is part of Aterian's strategy to build and acquire e-commerce brands across various categories. Following the announcement, Aterian's shares saw a 1.82% increase in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 09, 2024 | 1:01 pm

SMCI

SiMa.ai has announced a collaboration with CVEDIA and Supermicro (SMCI) to enhance machine learning capabilities. This partnership aims to leverage each company's strengths in developing advanced AI solutions.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:01 pm

TSM

TSMC is advancing as planned towards the A14 and 2nm process generations, with sources at fab toolmakers confirming the progress. This development is crucial for TSMC's technological leadership in the semiconductor industry.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:58 pm

SABR

LATAM Airlines Group has implemented Sabre's Air Price IQ, a cloud-native solution designed to enhance offer generation by analyzing real-time data and marketplace insights. This adoption aims to improve LATAM's pricing strategies and competitiveness in the market.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:57 pm

ACRV

LASE

VVOS

Laser Photonics (LASE) shares surged 167% after securing an order from L3Harris Technologies for its LaserTower COMPACT system. Acrivon Therapeutics (ACRV) shares jumped 87% following a $130 million private placement financing. Vivos Therapeutics (VVOS) shares increased 53% as its CARE Oral Medical Devices received full Medicare reimbursement approval and announced an offer for sale of up to 1.7M shares by a selling stockholder.

Portfolio Pulse from ryanfaloona@benzinga.com

April 09, 2024 | 12:56 pm

NAOV

NanoVibronix has issued a letter to its stockholders, emphasizing its commitment to developing and commercializing its therapies. The company highlights positive results in recent quarterly financials, high patient satisfaction with its products, and no adverse events. It is investing in sales improvement and long-term opportunities.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:55 pm

SNPS

Synopsys has introduced Black Duck Supply Chain Edition, a new offering aimed at enhancing software supply chain security. This solution targets vulnerabilities, license conflicts, and malicious code in both open source and commercial dependencies, including AI-generated code.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:54 pm