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AREB

American Rebel has reached a distribution agreement for its American Rebel Beer, expanding its market presence and potentially increasing its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:27 pm

MULN

Mullen has completed Phase 1 of its battery pack assembly line in a new high energy facility, aiming to produce next-generation, American-made EV battery packs with a capacity of 1 GWh per year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:27 pm

NVDA

Industry sources indicate that new servers powered by Nvidia's next-generation AI GPUs will start being delivered in 2025, prompting necessary preparations by related assemblers.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:21 pm

ABAT

American Battery Technology Company (ABTC), listed as ABAT on NASDAQ, has announced the commissioning of its pilot plant for producing battery grade lithium hydroxide from Nevada claystone, marking a significant step in commercializing its unique lithium extraction process. Supported by a U.S. Department of Energy grant, the plant demonstrates ABTC's capability to produce lithium hydroxide for strategic customers. ABTC plans to expand this technology with a commercial-scale refinery, also supported by a DOE grant, and is advancing its battery recycling technologies.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:21 pm

CLSK

MARA

RIOT

Bitcoin mining stocks such as Marathon Digital Holdings Inc (MARA), Riot Platforms Inc (RIOT), and CleanSpark Inc (CLSK) saw an increase in their share prices following the latest Bitcoin halving event, which reduced miner rewards and is expected to lead to industry consolidation. JPMorgan analyst Reginald Smith views the halving as a positive for strong operators in the long term.

Portfolio Pulse from Adam Eckert

April 22, 2024 | 1:18 pm

MSFT

SPY

TSLA

Bitcoin transaction fees have reached a 5-year low post-halving, while US stocks anticipate a rise due to Big Tech earnings. The US political landscape is heated with discussions on TikTok bans and support for Israel. Globally, tensions rise with military spending and diplomatic efforts. The NYSE considers 24/7 trading, and tech giants like Microsoft and Meta are in focus. The EV market sees Tesla at 15-month lows and discussions on pricing strategies. Express files for bankruptcy, and TikTok faces regulatory challenges. Quanex acquires Tyman, and Plus Therapeutics receives a grant from the US Department of Defense. Blackstone bids for Hipgnosis, and Elon Musk predicts home robots for every American household.

Portfolio Pulse from Akanksha Bakshi

April 22, 2024 | 1:12 pm

MNDR

Mobile-health Network Solutions (MNDR) anticipates a 100% increase in revenue to $6M for H12024 compared to $3M in H12023, driven by a 98.3% increase in monthly telemedicine services. The company attributes this growth to the rising demand for telemedicine in the Asia-Pacific region, particularly in Singapore, where the penetration rate is estimated at 15% in 2023. Co-CEO Dr. Rachel Teoh Pui Pui highlights the potential for continued growth in Singapore due to an aging population and plans for geographical expansion.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:10 pm

DKNG

MSGS

The article discusses the ongoing 30-year Stanley Cup drought for Canadian NHL teams, highlighting the Montreal Canadiens as the last Canadian team to win in 1993. It presents the betting odds for the 2024 Stanley Cup, with DraftKings Inc (NASDAQ:DKNG) listing the Edmonton Oilers as the top Canadian team. Madison Square Garden Sports (NYSE:MSGS), owning the New York Rangers and Knicks, is noted for its public listing and the Rangers' strong season performance. The article suggests MSGS could see financial benefits from deep playoff runs by its teams.

Portfolio Pulse from Chris Katje

April 22, 2024 | 1:08 pm

GDC

GD Culture Group announced significant achievements in expanding market reach for small and medium-sized businesses through TikTok, indicating a strategic focus on leveraging social media platforms for business growth.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:08 pm

ALBT

Avalon GloboCare has announced the launch of its KetoAir Breathalyzer in the U.S. market, which will take place at the Hack Your Health by KetoCon 2024 conference. This marks a significant step for the company in expanding its product offerings and entering the health and wellness sector with innovative technology.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 1:07 pm