Streetbeat News

Revenues

EDSA

Edesa Biotech's drug candidate, paridiprubart (EB05), has been selected by BARDA for a U.S. government-funded Phase 2 clinical trial to evaluate its effectiveness in treating acute respiratory distress syndrome (ARDS). This project will complement Edesa's ongoing COVID-19 ARDS drug development.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:22 pm

OPTT

Ocean Power Technologies has been selected as the preferred supplier for its PowerBuoy with AI-enabled maritime domain awareness solution, Merrows. The immediate delivery in the Middle East is expected to generate revenues in the current quarter.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:15 pm

TDOC

Teladoc Health (NYSE:TDOC) has released new data from studies presented at the American Diabetes Association's 84th Scientific Sessions, showcasing their predictive AI-modeling capabilities. The studies indicate a significant increase in engagement among diabetes members, leading to improved blood sugar control.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:14 pm

ONMD

OneMedNet Corporation (NASDAQ:ONMD) has announced that it has regained compliance with Nasdaq's minimum closing bid price rule and has secured financing from an institutional investor to support its aggressive growth plans.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:13 pm

WBA

ZBRA

Walgreens Boots Alliance (WBA) is optimizing its operations by implementing Zebra Technologies' (ZBRA) Workcloud Actionable Intelligence Software. This move enhances compliance and shrink management, saving millions, and implements a modern store framework across 8,000 locations to improve asset protection and operational visibility.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:10 pm

BOWL

Bowlero Corp. (NYSE:BOWL) announced that its Summer Season Pass has reached $6 million in sales to date, marking an all-time high for the company. This achievement underscores the growing popularity of the pass and Bowlero's commitment to providing value and entertainment.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:09 pm

NRBO

NeuroBo Pharmaceuticals has entered into a definitive agreement for a private placement and registered direct offering, raising up to $70 million by issuing 4,325,701 shares at $3.93 per share.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:03 pm

EOSE

Eos Energy Enterprises has announced a strategic investment of up to $315.5 million from Cerberus Capital Management. This investment aims to enhance Eos' operating capabilities and strengthen its position in the global energy market.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:02 pm

NVDA

SLNH

Soluna Holdings, Inc. (NASDAQ: SLNH) has raised $12.5 million to support the launch of Soluna Cloud, which will utilize NVIDIA H100 GPUs. The company expects to generate $16M-$26M in annual revenue and $38M-$80M over the life of the contract.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:02 pm

AMC

DJT

GME

META

Trump Media & Technology Group Corp (NASDAQ:DJT) is trading higher after announcing it expects to receive over $69.4 million from the cash exercise of warrants in June 2024. The company could receive up to $247 million if all warrants are exercised. Despite a significant decline in market value, TMTG plans to use the funds for platform development and potential mergers and acquisitions.

Portfolio Pulse from Anusuya Lahiri

June 24, 2024 | 12:01 pm