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Revenues

EWL

UBS

FIFA is seeking up to $2 billion to expand its streaming service, FIFA+, and is working with UBS to find investors. The organization aims to sell a minority stake in FIFA+.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:35 pm

AAPL

AMD

NVDA

QCOM

TSM

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) has received approval to construct its third 2nm fab in Kaohsiung, expanding its regional footprint. This move aims to meet the growing demand for AI chips, particularly from Nvidia (NASDAQ:NVDA). TSMC's key customers, including Apple (NASDAQ:AAPL), Qualcomm (NASDAQ:QCOM), and Advanced Micro Devices (NASDAQ:AMD), have nearly booked its 3nm process to capacity through 2026. Analysts predict a rise in chip manufacturing prices and potential revenue guidance increases for TSMC.

Portfolio Pulse from Anusuya Lahiri

June 27, 2024 | 1:34 pm

CZR

LVS

MGM

PENN

WYNN

Las Vegas Strip's gambling revenue for May increased by 3.71% year-over-year, reaching $742.5 million.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:33 pm

ETHE

IBIT

Trader Flood Capital is highly optimistic about the potential launch of an Ethereum ETF, predicting a 77% chance of it happening next week. He expects significant price appreciation for Ethereum, citing bullish arguments and the potential for asset managers to generate substantial fees. Companies like BlackRock and VanEck are seen as key players in this space.

Portfolio Pulse from Khyathi Dalal

June 27, 2024 | 1:33 pm

ACLHF

PEMIF

Lithium prices are expected to rise by over 60% to $20,000 per metric ton, according to GeoXplore Corp.'s CEO Clive Ashworth. Current prices are too low to sustain mine production, but the increase will help weed out weaker companies. Pure Energy Minerals Ltd. (OTC:PEMIF) and ACME Lithium Inc. (OTC:ACLHF) are involved in lithium claims optioned by GeoXplore.

Portfolio Pulse from Matt Whittaker

June 27, 2024 | 1:24 pm

OUST

SERV

Serve Robotics Inc. (NASDAQ:SERV) has expanded its delivery operations into Koreatown, Los Angeles, and extended its lidar supply agreement with Ouster, Inc. (NYSE:OUST) to equip 2,000 robots with upgraded sensors.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:18 pm

AMC

DJT

GME

The year 2024 has seen a record-breaking number of new ETFs, driven by active fund managers. A total of 236 ETFs have been launched, including 166 actively managed ones. Capital Group and BlackRock have significantly expanded their active ETF offerings. A joint venture between REX Shares and Tuttle Capital Management plans to launch single-stock ETFs for companies like Trump Media, GameStop, and AMC Entertainment. Active ETFs have attracted nearly $100 billion in the first five months of 2024, while mutual funds have lost about $150 billion.

Portfolio Pulse from Benzinga Neuro

June 27, 2024 | 1:17 pm

GreenPower Motor Company Inc. (NASDAQ:GP) has delivered its first BEAST all-electric school bus from its West Virginia facility to the Kanawha County School District. The company also updated on an order for 37 BEASTs to be delivered in 2024 to various school districts in West Virginia.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:11 pm

MSFT

OpenAI is reportedly generating approximately $1 billion in annualized revenue from selling access to its AI models, surpassing Microsoft's sales in the same domain.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:08 pm

EQNR

SLB

SLB has been awarded a contract by Equinor for the Front-End Engineering Design (FEED) of a 12-well all-electric subsea production systems project in the Fram Sør field, offshore Norway. The project aims to enhance operator control, efficiency, and reduce offshore emissions. A future Engineering, Procurement, and Construction (EPC) contract is expected to be awarded to SLB OneSubsea pending a final investment decision.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:03 pm