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CDLR

Cadeler shares are trading higher after the company announced a contract to install 72 15MW wind turbines at Inch Cape Offshore Wind Farm.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:24 pm

CDLR

Cadeler announced a contract to install 72 15MW wind turbines at the Inch Cape Offshore Wind Farm, with the contract value expected to be between €114M and €130M.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:24 pm

CLSK

MARA

RIOT

Bitcoin mining stocks Marathon Digital, Riot Platforms, and CleanSpark are experiencing declines as Bitcoin trades below $62,000. Bitcoin's recent drop of 4.5% over 24 hours and 6.5% over the last week is contributing to the weakness in crypto-related stocks. The recent halving event has also put pressure on miners, with Marathon Digital, Riot Platforms, and CleanSpark seeing significant stock price drops.

Portfolio Pulse from Adam Eckert

June 24, 2024 | 1:17 pm

PLUG

Plug Power's short interest has fallen by 3.73%, with 25.04% of its float sold short. This is higher than its peers' average of 9.49%. It would take traders 6.01 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 1:15 pm

BTCUSD

Bitcoin (BTC) experienced a 5% drop, prompting traders to predict $60,000 as a key support level. Despite the drop, traders believe this is a bull market correction and expect Bitcoin to recover. Data shows a decrease in daily active addresses and large transactions, while miners have offloaded significant amounts of Bitcoin.

Portfolio Pulse from Khyathi Dalal

June 24, 2024 | 1:11 pm

SISI

Shineco has entered into a securities purchase agreement with gross proceeds of $7.0 million. The company will issue up to 1.4 million shares at $5.00 per share.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:07 pm

TOON

Kartoon Studios (NYSE:TOON) announced a new Winnie-The-Pooh business initiative, backed by $30 million in non-dilutive production funding. The company has appointed a team of experienced executives to lead the development, production, and global distribution strategy for the property.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:06 pm

SOLV

Solventum (NYSE:SOLV) has introduced a new AI-driven payment integrity and revenue cycle solution, Solventum™ Revenue Integrity System, in collaboration with Sift Healthcare. This solution aims to help health systems reduce and prevent denials, ensuring timely and accurate payer reimbursement.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:04 pm

VVX

V2X has been awarded a $265 million contract to maintain operations at NASA's Johnson Space Center and provide technical support at the Sonny Carter Training Facility's Neutral Buoyancy Laboratory until 2033.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:01 pm

PG

Over the past three months, 7 analysts have evaluated Procter & Gamble (NYSE:PG), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $176.43. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Procter & Gamble has shown positive revenue growth and strong financial health, though its ROE is below industry benchmarks.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 1:00 pm