Streetbeat News

Revenues

SSKN

STRATA Skin Sciences has received approval for its XTRAC Momentum 1.0 device in Japan, potentially expanding its market reach and revenue opportunities.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:00 pm

RTX

Raytheon UK, a subsidiary of RTX Corp, successfully tested its High-Energy Laser Weapon System (HELWS) integrated onto a British Army combat vehicle. This marks the first test of its kind in the UK and a significant advancement in the UK's Land Laser Directed Energy Weapon (LDEW) Demonstrator programme.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:56 am

KKR

TDIV

VOD

VWI

Vodafone Group Plc (NASDAQ:VOD) shares are trading higher in premarket after selling an additional 10% stake in Oak Holdings GmbH for €1.3 billion. This sale finalizes a 50:50 joint ownership structure with a consortium led by Global Infrastructure Partners and KKR & Co (NYSE:KKR). The proceeds will be used to reduce Vodafone’s debt, aligning with its leverage goals. Vodafone stock has lost about 8% in the last 12 months, but is up 1.11% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

July 22, 2024 | 11:50 am

VVX

V2X, Inc. (NYSE:VVX) has secured a $48.5 million contract with the U.S. Army for the Gateway Mission Router (GMR), enhancing battlefield communications. The four-year IDIQ contract highlights V2X's role in national defense.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:47 am

SYTA

Siyata Mobile shares are trading higher after the company announced that it received a $1.2 million order from an existing customer.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:40 am

BTCUSD

ETHUSD

LTCUSD

SOLUSD

The Coinshares report reveals sustained inflows into Bitcoin and Ethereum investment products, with Bitcoin attracting $1.27 billion and Ethereum $45 million last week. Despite positive sentiment in digital assets, blockchain equities faced outflows of $8.5 million.

Portfolio Pulse from Murtuza Merchant

July 22, 2024 | 11:40 am

GPRK

GeoPark Limited (NYSE:GPRK) reported a consolidated average oil and gas production of 35,608 boepd for Q2 2024, with significant growth in Ecuador and Colombia. The company is currently producing over 41,000 boepd as of July 1, 2024, and has 11 rigs in operation. Key projects include secondary recovery in the Llanos 34 Block, record production in the CPO-5 Block, and increased exploration in Ecuador and Argentina.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:33 am

ITA

KTOS

NETZ

GE Aerospace is partnering with Oak Ridge National Laboratory to enhance supercomputing capabilities for next-gen aircraft engine technologies. GE plans to hire 900 engineers in 2024 and has signed an MoU with Kratos Defense & Security Solutions for small engine development. GE also announced a $1 billion investment in MRO facilities and extended CEO Larry Culp's tenure. GE stock has gained over 80% in the last 12 months.

Portfolio Pulse from Lekha Gupta

July 22, 2024 | 11:25 am

HYMTF

RIVN

TSLA

Tesla faces a sales slump in the U.S. with a nearly 10% drop in the first half of the year, while competitors like Toyota, Hyundai, Ford, and Rivian see significant growth in their EV sales.

Portfolio Pulse from Anan Ashraf

July 22, 2024 | 11:17 am

BTCY

Biotricity Inc. (NASDAQ:BTCY) has announced significant improvements in operational efficiency and margin performance due to upgrades in its AI Cloud platform. These enhancements are expected to improve the company's margins by 2-3% in the coming quarters, with further improvements anticipated. The company is on a path to profitability, leveraging its AI Cloud for better cardiac care diagnostics and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:15 am