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TBLA

Taboola (NASDAQ:TBLA) has launched 'Taboola for Audience,' an AI-powered technology aimed at helping publishers drive more traffic. This new tool has already resulted in over 10% traffic growth for select publishers, making Taboola a top referral source after social media and search.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:14 pm

RIOT

Riot Platforms Inc (NASDAQ:RIOT) has acquired Block Mining, a Kentucky-based Bitcoin miner, for $92.5 million. This acquisition significantly boosts Riot's power capacity and hashrate targets, positioning it as the second-largest U.S.-listed miner by capacity.

Portfolio Pulse from Surbhi Jain

July 24, 2024 | 1:12 pm

GLW

HON

KMI

TFC

CNBC's 'Halftime Report Final Trades' featured insights on Honeywell, Corning, Kinder Morgan, and Truist Financial. Honeywell is set to release its Q2 earnings, with expectations of higher EPS and revenue. Corning increased its Q2 sales guidance, while Kinder Morgan reported lower-than-expected revenue but maintained a high yield. Truist Financial beat earnings and revenue estimates.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 1:11 pm

EDBL

Edible Garden AG Incorporated (NASDAQ: EDBL) reported a more than 44% year-over-year increase in preliminary produce sales for the key July 4th holiday period.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:10 pm

RTX

RTX's Pratt & Whitney GTF engines have surpassed 950 orders and commitments in 2024, with a total of more than 11,000 orders and commitments to date. This announcement was made at the Farnborough Air Show.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:05 pm

TREX

Trex Company, Inc. has launched a new product called Trex Signature Railing, which is expected to enhance its product portfolio and potentially drive sales growth.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:03 pm

EWBC

Analysts' ratings for East West Bancorp (NASDAQ:EWBC) vary from bullish to bearish. The average 12-month price target has risen to $90.5. Key analysts have adjusted their ratings and price targets, reflecting their response to recent developments. East West Bancorp's financial performance shows strong profitability and effective cost management despite a recent revenue decline.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 1:00 pm

COMP

LAND

MORT

OPEN

OPI

SVC

VNQ

XHB

Mortgage rates have hit their lowest point since February 2024, driven by investor expectations of upcoming Fed rate cuts. Despite this, mortgage demand remains inconsistent, with a recent decline in mortgage applications. The Vanguard Real Estate ETF (VNQ) remained flat, while the SPDR Homebuilders ETF (XHB) fell 0.5% and the VanEck Mortgage REIT Income ETF (MORT) rose 0.5%. Several real estate stocks, including Gladstone Land Corporation (LAND) and Compass, Inc. (COMP), saw significant declines in premarket trading.

Portfolio Pulse from Piero Cingari

July 24, 2024 | 12:57 pm

GEV

GE Vernova Inc. (NYSE:GEV) reported Q2 2024 revenue growth of 1% YoY to $8.204 billion, missing the consensus of $8.259 billion. Despite strong performance in Electrification and Power, Wind orders lagged due to a large order cancellation. EPS improved significantly to $4.65 from $(0.55) a year ago. The company raised its full-year 2024 guidance.

Portfolio Pulse from Akanksha Bakshi

July 24, 2024 | 12:56 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) has engaged Northmarq Capital for a sale-leaseback of its Waldron facility in Durant, OK, appraised at $4.7M. This move aims to free up working capital to support customer demand and expansion strategies.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:44 pm