Streetbeat News

Products Services

IBM

IBM has introduced new storage capabilities with the launch of IBM Storage Assurance, aiming to enhance data storage solutions for businesses. This development is expected to strengthen IBM's position in the data storage market by offering advanced features that cater to the evolving needs of enterprises.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:14 pm

WKSP

Worksport Ltd. (NASDAQ:WKSP, WKSPW) released a memo to shareholders highlighting its undervalued status and projecting significant growth in 2024. The company, specializing in hybrid and clean energy solutions for light trucks, emphasized its strong patent portfolio, state-of-the-art facility, and upcoming product launches, including the SOLIS solar cover and COR portable energy storage system. Worksport anticipates substantial revenue growth from these innovations and has seen positive B2C and B2B sales momentum. Additionally, its subsidiary, Terravis Energy, Inc., is developing a groundbreaking heat pump technology, with the company also pursuing several multi-million-dollar grants to support further growth.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:11 pm

AMZN

V

Visa (NYSE:V) has joined the AWS Partner Network to streamline digital payment services for its clients, including cloud-native fintechs and financial institutions. This collaboration will make select Visa services available in the AWS Marketplace, enhancing global payment processes and connectivity. Visa's integration into AWS aims to simplify transactions, reduce operational costs, and accelerate service deployment for its clients. Additionally, Visa is now part of AWS Activate, offering up to $100,000 in credits to eligible fintech startups to foster growth and innovation in digital payments.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:09 pm

GPRK

Geopark reported its 1Q 2024 average oil and gas production at 35,473 barrels of oil equivalent per day (Boe/Day), with its 2024 guidance remaining unchanged. The company anticipates a full-year average production of 35,500-39,000 Boe/Day and plans a fully-funded 2024 organic capital expenditures program of $150-200 million to drill 35-45 gross wells.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:09 pm

AMZN

GOOG

META

SNAP

ByteDance is reportedly considering options to sell TikTok without including its proprietary algorithm, according to The Information. This move could significantly impact the valuation and attractiveness of TikTok to potential buyers, as the algorithm is a key component of its success.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:07 pm

WPP

WPP reported a Q1 revenue of £3.4 billion, a decrease of 1.4% year-over-year but an increase of 2.1% on a like-for-like basis. Revenue less pass-through costs was £2.7 billion, down 5.0% YoY and 1.6% like-for-like. Additionally, WPP is collaborating with Georgia Power on a pilot program for EV owners in Georgia.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:59 am

HUGE

FSD Pharma announced that Celly Nu has entered into a strategic partnership with Six+One for the beverage product unbuzzd, which uses FSD Pharma's licensed technology to relieve the effects of alcohol. FSD Pharma will receive royalties from sales of products using this technology.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:58 am

TSCO

Tractor Supply reported a 1.1% increase in Q1 comparable store sales, driven by a 1.3% increase in transaction count, offset by a 0.2% decline in average ticket size. The growth was attributed to strong seasonal merchandise sales, balanced by declines in year-round discretionary categories. Consumables, usables, and edibles aligned with the overall sales performance.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:58 am

VRAX

Virax Biolabs announced to Benzinga the launch of ViraxImmuneTM, marking a significant milestone towards its commercialization as a full In-Vitro-Diagnostic product.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:52 am

VRAX

Virax Biolabs has announced the launch of a new portfolio of immune profiling solutions aimed at evaluating adaptive immunity in post-viral syndromes. This development could position Virax Biolabs as a key player in the post-pandemic healthcare landscape, focusing on long-term immune health.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:51 am