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Revenues

AAPL

Apple Inc. (NASDAQ:AAPL) is developing a tabletop home device with a robotic arm, expected to debut by 2026 or 2027. The device will serve as a smart home hub, videoconferencing platform, and home security tool, priced around $1000. Analysts have mixed views on Apple's move into robotics.

Portfolio Pulse from Ananya Gairola

August 15, 2024 | 2:28 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip as the U.S. government transferred $593 million worth of seized Bitcoin. Despite positive CPI data, Bitcoin's price fell after initially rallying. The global cryptocurrency market shrank by 1.90% in the last 24 hours. Analysts see potential for Bitcoin to move higher due to the likelihood of a Fed rate cut.

Portfolio Pulse from Aniket Verma

August 15, 2024 | 2:07 am

HD

Peter Schiff criticized the July CPI figure as misleading, attributing the modest 2.9% increase to a significant drop in used car prices. He warned that the market, which expects a September rate cut, will crash if the Fed does not deliver. The Core CPI rose by 3.2%, consistent with expectations but still above the Fed's 2.0% target. Mohamed El-Erian also criticized the Fed for not reducing rates in July, while Home Depot's CEO noted that inflation is affecting consumer spending on home renovations.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 2:03 am

CMCSA

The 2024 Summer Olympics in Paris saw a significant increase in U.S. viewership, with over 30 million viewers. Comcast Corporation (NASDAQ:CMCSA) benefited from this surge, potentially boosting its Peacock streaming platform subscribers. A Benzinga poll revealed that 51% of respondents did not watch any events, while Simone Biles and Steph Curry were highlighted as the most compelling athletes.

Portfolio Pulse from Chris Katje

August 14, 2024 | 10:17 pm

ASNS

Actelis Networks reported Q2 revenue of $3.43M, reflecting an 81% year-over-year growth from $1.9M last year. The company also reported a net loss of $78,000 and a Non-GAAP adjusted EBITDA profit of $11,000, marking its first positive quarter since 2022.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:51 pm

DJCO

Daily Journal Corporation (DJCO) reported a 9-month consolidated revenue of $50.058 million, an increase from $46.16 million last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:40 pm

RDW

Redwire has raised its full-year 2024 revenue guidance from $300 million to $310 million, surpassing the estimated $304.342 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:31 pm

RDW

Redwire has signed a definitive agreement to acquire Hera Systems, a privately held company specializing in high-performance spacecraft for national security missions. The acquisition will be financed with Redwire's balance sheet liquidity and is expected to close in the third quarter. Redwire has adjusted its full-year 2024 revenue guidance from $300 million to $310 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:27 pm

USAS

Americas Gold and Silver Corporation (NYSE: USAS) has signed a Credit and Off-Take Agreement with Trafigura PTE Ltd. for the development of its EC120 Project. The agreement provides a secured credit facility of up to $15 million to complete pre-production development, with initial draws expected to be $10 million. The project is anticipated to begin producing high-grade silver-copper concentrate by Q3-2025, significantly boosting the company's silver revenue.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:15 pm

PMNT

Perfect Moment (PMNT) reported a 43% increase in gross revenue for Q1 2025, reaching $1.9 million compared to $1.3 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:14 pm