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RELL

Richardson Electronics has entered a global distribution agreement with Quantic Electronics, enhancing access to Quantic's capacitor technologies for various industries.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 2:02 pm

DTSS

Datasea shares rise following an agreement with Qingdao Ruizhi Yixing Information Technology to provide advanced 5G-AI multimodal services.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:53 pm

GEHC

GE HealthCare Technologies has announced that its MIM Software has received FDA clearance for a new Centiloid Scaling Tool, which is used to quantify amyloid plaque in brain imaging. This development is significant for the company's medical imaging capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:51 pm

AMZN

INTC

Intel's long-term strategy involves a slow ramp-up of its foundry revenues, not expected until 2027. JPMorgan analyst Harlan Sur maintains an underweight rating with a price target of $26 by 2025. Intel is forming a new subsidiary for its Foundry business, potentially leading to a spin-off. The company is also collaborating with Amazon to produce AI fabric chips, which could benefit long-term growth.

Portfolio Pulse from Surbhi Jain

September 17, 2024 | 1:48 pm

DTSS

Datasea's subsidiaries, Shuhai Information Technology and Guozhong Times Technology, have entered into an agreement with Qingdao Ruizhi Yixing Information Technology to supply advanced 5G-AI multimodal services. This agreement is expected to boost Datasea's fiscal 2025 revenue and expand its 5G application market positioning in China.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:47 pm

CRWD

Unusual options activity has been observed for CrowdStrike Holdings (NASDAQ:CRWD), with a significant amount of bullish sentiment among big-money investors. The options trades indicate a targeted price range of $250 to $280, suggesting potential upcoming movements in the stock price.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:47 pm

MAPS

WM Technology (NASDAQ:MAPS) reported a 3% sequential sales increase to $45.9 million for 2Q24, despite a 5% year-over-year decline. SaaS revenues surged 19%, while listing revenues fell 14%. The company maintained stable EBITDA margins at 22% and increased cash reserves. Analyst Pablo Zuanic reiterated a 'Neutral' rating but noted potential growth opportunities. MAPS expects 3Q24 sales of $44 million with declining EBITDA margins.

Portfolio Pulse from Nicolás Jose Rodriguez

September 17, 2024 | 1:38 pm

WFC

Wells Fargo has enhanced its API solutions for commercial banking, providing real-time data access to improve sales, liquidity, and risk management across various industries.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:31 pm

ACB

Aurora Cannabis Inc. (NASDAQ:ACB) is advancing its cannabis cultivation through research in auto-flowering technology, which could transform outdoor cultivation in high-latitude regions. The company has received a US patent for its breeding program and has launched a new CBD lozenge in collaboration with Vectura Fertin Pharma.

Portfolio Pulse from Jelena Martinovic

September 17, 2024 | 1:28 pm

SFIX

TDUP

Stitch Fix partners with ThredUp to launch a resale program, allowing clients to resell gently-worn items for Stitch Fix credit, enhancing customer engagement and sustainability.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:25 pm