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Lockheed Martin and Tata Advanced Systems have signed an agreement to enhance their partnership on the C-130J Super Hercules, aiming to boost India's defense capabilities. This includes plans for an MRO facility in India and potential expansion of C-130J manufacturing, pending government approvals.

Portfolio Pulse from Lekha Gupta

September 10, 2024 | 3:04 pm

BA

Boeing has delivered 258 airplanes year-to-date through August 31, including 198 Max models. The company reported 207 net orders and 250 gross orders for the same period. In August, Boeing delivered 40 commercial jets, an increase of 5 from the previous year, including 32 737 Max models.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:03 pm

BYON

Beyond Inc. (NYSE:BYON) has launched a global licensing program for the Bed Bath & Beyond brand, aiming to expand its reach internationally through product licensing and store agreements. The program includes a licensing agreement with PEM America for home textiles and plans for stores in Mexico and other markets.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:00 pm

AMZN

GOOG

MSFT

ORCL

Oracle's shares rose after reporting strong fiscal first-quarter results, with analysts upgrading ratings and raising price targets. The company showed significant growth in AI-driven bookings and cloud partnerships, although some concerns remain about infrastructure and revenue growth sustainability.

Portfolio Pulse from Priya Nigam

September 10, 2024 | 2:54 pm

GLD

IBIT

The iShares Bitcoin Trust ETF (IBIT) has seen a decline, dropping below key averages and signaling a bearish trend. Despite a strong start in 2024, the ETF is down 20.94% over the last six months. Critics like Peter Schiff argue that Bitcoin ETFs have underperformed compared to gold ETFs. Technical indicators suggest further downward momentum for IBIT.

Portfolio Pulse from Surbhi Jain

September 10, 2024 | 2:50 pm

CYBR

Proofpoint and CyberArk have expanded their strategic collaboration to enhance identity security and combat phishing across various channels. They have launched new integrations and solutions to tackle key cybersecurity challenges.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:46 pm

NSC

Norfolk Southern reports no impact from Tropical Storm Francine, with operations continuing as scheduled. However, the Port of New Orleans will close flood gates, and customers in the Southeast and Mid-Atlantic regions should expect delays.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:44 pm

NVDA

Groq, a rival to Nvidia, announced a partnership with Aramco Digital to deploy AI in Saudi Arabia by 2024. Groq aims to match Microsoft-OpenAI's 2023 capacity by 2025, with plans to expand further. This move positions Groq as a significant player in the AI industry.

Portfolio Pulse from Rounak Jain

September 10, 2024 | 2:40 pm

AZ

A2Z Cust2Mate's shares rose following the announcement of a partnership with Nayax to introduce a smart cart payment system for retail stores.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:33 pm

BA

Boeing is advancing quantum communications technology with the planned launch of a test satellite, Q4s, in 2026. This initiative marks a significant step in space-based quantum communications.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:20 pm