Streetbeat News

Revenues

SAND

Sandstorm Gold Royalties announced its preliminary Q2 2024 sales and revenue, reporting sales of approximately 17,400 attributable gold equivalent ounces and preliminary revenue of $41.4 million. The financial results will be released on August 1.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

GLNG

Golar LNG shares are trading higher following the announcement of a 20-year agreement with Pan American Energy for the deployment of a floating liquefied natural gas vessel in Argentina.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

VIK

Viking announced the float out of its newest ocean ship, the Viking Vesta, marking a major construction milestone. The ship is set to debut in July 2025 and will sail itineraries in the Mediterranean and Northern Europe.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

BTBT

Bit Digital, Inc. (NASDAQ:BTBT) reported a 2.5% decrease in BTC production for June 2024, producing 61.7 BTC. The company generated $4.1 million in revenue from its initial AI contract and had significant digital asset holdings and liquidity.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

BABA

BIDU

JD

Chinese tech stocks Alibaba, Baidu, and JD.com are trading lower on Friday after Baidu launched its latest AI model, Ernie 4.0 Turbo, intensifying competition in the AI space. Baidu's aggressive pricing strategy and increased usage of its AI models are key factors.

Portfolio Pulse from Anusuya Lahiri

July 05, 2024 | 3:01 pm

IREN

Iris Energy Limited reported that it mined 233 Bitcoin in June 2024, providing a monthly investor update.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

CORZ

Core Scientific (NASDAQ: CORZ) has secured high-performance computing hosting contracts with CoreWeave for 270MW of infrastructure, representing a total revenue opportunity of $4.7 billion over 12 years. The company earned 430 self-mined Bitcoin in June, totaling 4,506 Bitcoin year-to-date and 1,680 in Q2. Core Scientific also completed a 72MW expansion at its Denton, TX data center and began a project to complete 100MW of partially built infrastructure at its Pecos, TX data center.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

CAN

COIN

HOOD

MARA

QQQ

RIOT

SPY

TSLA

Wall Street is in a 'wait-and-watch' mode ahead of the monthly non-farm payrolls data. ADP's private payrolls survey showed slower job gains, and weak economic data has increased the odds of rate cuts. Bitcoin's plunge has negatively impacted crypto-linked stocks like Coinbase and Robinhood. Tesla continues its upward trend.

Portfolio Pulse from Shanthi Rexaline

July 05, 2024 | 3:01 pm

JPM

Chase Bank's head, Marianne Lake, announced that customers may soon be charged for checking accounts and wealth-management tools as the bank plans to pass on the costs of higher regulation to customers. This move is expected to be followed by other banks in the industry.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

TSLA

Tesla's expansion plans for its gigafactory in Brandenburg, Germany, have received approval from environmental authorities. This approval is crucial for Tesla's goal to double its battery production capacity and car production. German Chancellor Olaf Scholz supports the expansion despite protests from environmentalists and locals.

Portfolio Pulse from Anan Ashraf

July 05, 2024 | 3:01 pm