Streetbeat News

Revenues

SPY

The USA Building Permits for the month-over-month (MoM) metric decreased by 2.8%, which is better than the estimated decline of 3.8% and the prior decline of 3.0%.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:31 pm

ACON

Aclarion has announced that AXA will provide initial payer coverage for its Nociscan technology. This development marks a significant milestone for Aclarion as it could lead to increased adoption and revenue growth.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:31 pm

BITB

FBTC

GBTC

Bitcoin spot ETFs saw a net inflow of $31 million after a week of outflows, indicating renewed investor confidence. The Grayscale ETF experienced a significant outflow, while Fidelity and Bitwise ETFs saw substantial inflows. This suggests a mixed sentiment in the Bitcoin ETF market amid ongoing volatility.

Portfolio Pulse from Murtuza Merchant

June 26, 2024 | 12:27 pm

SPY

U.S. housing permits for May were reported at a 1.399 million unit rate, slightly higher than the previous 1.386 million. The month-over-month decline in housing permits was -2.8%, an improvement from the prior -3.8%.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:21 pm

DMAC

DiaMedica Therapeutics Inc. (NASDAQ:DMAC) announced an $11.8 million private placement, issuing 4.72 million common shares at $2.50 per share. The transaction is expected to close around June 28, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:17 pm

GRND

Grindr has issued new guidance ahead of its Investor Day, projecting annual revenue growth of 20%-25% through 2027. Additionally, the company has raised its 2024 revenue growth forecast from over 23% to over 25%.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:15 pm

NTCT

NETSCOUT has expanded its Arbor Cloud DDoS attack mitigation network to Canada, enhancing its global reach and capabilities in cybersecurity.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:15 pm

UNF

Unifirst Corporation has reiterated its fiscal year 2024 outlook, projecting revenues between $2.415 billion and $2.425 billion and EPS between $7.17 and $7.49. The outlook includes an extra week of operations, organic growth in Core Laundry Operations, and specific margin expectations.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:10 pm

BYU

BAIYU has entered into a Memorandum of Understanding (MoU) with industry experts to explore new electric vehicle (EV) projects and international market ventures. This strategic move aims to expand BAIYU's presence in the growing EV market.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:09 pm

TACT

TransAct Technologies has successfully installed its Epicentral Promotion and Bonusing System on 200 games across two resorts in Macau, potentially opening doors for additional sales opportunities.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:08 pm