Streetbeat News

Revenues

PRPO

Precipio, Inc. (NASDAQ: PRPO) reported Q2 2024 revenue of $4.4M, surpassing the estimate of $4.33M. The company expects its Pathology Division's revenues to exceed $1.5M per month by year-end.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:21 pm

ASML

ASML CEO Fouquet highlighted the significant opportunity in China during an investor call but declined to comment on rumors about potential US-imposed curbs on China.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:19 pm

TOON

Kartoon Studios (NYSE:TOON) has announced the expansion of its Kartoon Channel service to Indonesia through a partnership with Link Net, potentially reaching an audience of nearly 300 million people. This follows recent profitability and subscriber growth in the U.S.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:19 pm

SPY

Richmond Fed's Barkin stated that the expected recession to slow inflation has not materialized, and consumer spending remains strong.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:17 pm

SPY

USA Manufacturing Production for June increased by 0.4%, surpassing the estimated 0.2% but lower than the previous month's 1.0%.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:16 pm

SPY

USA Industrial Production for June increased by 0.6%, surpassing the estimated 0.3% and following a 0.9% rise in the previous month.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:16 pm

SPY

The USA Capacity Utilization Rate for June was reported at 78.8%, higher than the estimated 78.5% and the prior month's 78.3%.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:16 pm

GE

TGI

Triumph Group, Inc. (NYSE:TGI) has been awarded a contract by GE Aerospace to provide the Auxiliary Gearbox for the F404 afterburning turbofan engine, with potential future use on multiple applications. This work will be performed at TRIUMPH's facility in Macomb, Michigan.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:14 pm

SCLX

Scilex Holding Company (NASDAQ:SCLX) has announced a collaboration with ACEA Therapeutics to expand the ZTlido program in Greater China. ACEA will serve as the exclusive distributor in the region and will explore potential commercialization of ZTlido and other non-opioid pain products from Scilex.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 1:10 pm

SHIBUSD

'Dogecoin Killer' Shiba Inu (SHIB) is experiencing a significant increase in its burn rate, which soared by 297% in a single day. This increase in burn rate, along with rising transaction volumes and active addresses, suggests a potential bull run for the meme coin. Shiba Inu is also set to be the title sponsor of ETHToronto, a major event in the cryptocurrency space.

Portfolio Pulse from Khyathi Dalal

July 17, 2024 | 1:10 pm