Streetbeat News

Revenues

CORZ

Core Scientific (NASDAQ: CORZ) has secured a $1.225 billion revenue boost from CoreWeave's HPC hosting contract. The agreement involves modifying 100 MW of Core Scientific's infrastructure to host CoreWeave's NVIDIA GPUs, with operations expected to begin in the second half of 2025. This contract will enhance Core Scientific's earnings and shareholder value.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:12 am

EVGN

Casterra Ag Ltd., a subsidiary of Evogene Ltd. (NASDAQ:EVGN), has received a $440K order for castor seeds from an existing customer, expanding its operations into a new African country. This order is part of a larger revenue expectation of $8.4 million for 2023 and 2024. The global biodiesel market is projected to grow significantly, and Casterra's high oil-yielding castor seeds are positioned to benefit from this trend.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:08 am

GBTC

Bitcoin has rebounded to over $61,000 despite significant outflows from spot ETFs, including a $90.4295 million outflow from the Grayscale Bitcoin Trust (GBTC). The total net asset value of Bitcoin spot ETFs remains substantial at $51.53 billion. Analysts attribute the outflows to pessimism regarding potential interest rate cuts by the Federal Reserve.

Portfolio Pulse from Murtuza Merchant

June 25, 2024 | 11:07 am

GNSS

Genasys Inc. (NASDAQ:GNSS) announced new and follow-on defense orders from the Middle East, with a combined value of over $2.7 million. The orders are part of a previously announced foreign military sales contract to deploy LRAD systems on shore installations and naval ships.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:07 am

GHG

Greentree maintains its 2024 revenue guidance for the hotel business, expecting growth of 7% to 12% year-over-year. However, it withdraws guidance for the restaurant business due to revenue unpredictability from strategic repositioning.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:03 am

PLUG

Plug Power has reached a milestone of 7.5 GW in global Basic Engineering and Design Package (BEDP) contracts since introducing the offer two years ago. The company recently closed a 3 GW BEDP contract with Allied Green Ammonia for an electrolyzer project in Australia and has an additional 4.5 GW of BEDP contracts in the U.S. and Europe.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:02 am

GHG

GreenTree Hospitality Group reported its Q1 2024 earnings per ADS (EPADS) of $0.08 and sales of $48.80 million.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:01 am

IGT

International Game Technology (IGT) has won a competitive bidding process to provide the Ohio Lottery Commission's Video Lottery Terminal Central Monitoring System. The contract is effective through June 30, 2033, and involves the deployment of IGT's Intelligen™ system across seven racinos in Ohio.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:48 am

CLNE

Clean Energy has announced the opening of a new renewable natural gas station in Carney's Point, New Jersey. This station will cater to heavy-duty trucks and other fleet vehicles, providing fuel produced from organic waste.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:36 am

SLSR

Solaris Resources has announced significant precious metals assays from ongoing regional exploration, expanding the footprint of epithermal-style mineral alteration from the Caya area into the adjacent Mateo target and further south. Follow-up fieldwork is underway to refine targets for exploration drilling in late Q3/24 or early Q4/24.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:36 am