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MNY

MoneyHero (NASDAQ:MNY) reported Q1 earnings per share (EPS) of $(0.30), an 82.35% improvement from $(1.70) YoY. Sales increased by 23.87% to $22.18 million from $17.90 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:32 am

TRDA

Entrada Therapeutics (NASDAQ:TRDA) announced a $100M registered direct offering to fund ongoing clinical development. The offering includes 3.4M shares at $14.85/share and is expected to close by June 25, 2024. Proceeds will support Phase 2 trials and R&D activities.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:20 am

DWAC

Trump Media shares are trading higher after the company announced $69.4 million in initial proceeds from warrant exercises.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:18 am

CANF

Can-Fite BioPharma Ltd. (NYSE:CANF) announced breakthrough findings on Namodenoson's dual anti-cancer and liver protective effects, mediated by the signalling protein adiponectin. These findings will be presented at the IDDST-2024 conference in Shanghai. Namodenoson is currently in Phase III and Phase IIb clinical trials for advanced liver cancer and MASH, respectively.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:04 am

GOEV

Canoo Inc. (NASDAQ:GOEV) has enhanced its production capabilities by acquiring advanced manufacturing assets from Arrival Automotive UK Limited. These assets will improve production efficiency and scalability at Canoo's Oklahoma City facility, which manufactures electric cargo vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:02 am

BG

BP

CSAN

SHEL

BP p.l.c. (NYSE:BP) plans to expand its biofuel operations in Brazil after acquiring Bunge Global SA's (NYSE:BG) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for $1.4 billion. This move will consolidate 100% of the venture's financial results. BP aims to explore new bioenergy platforms, including second-generation ethanol and sustainable aviation fuel. This strategy mirrors Shell plc's (NYSE:SHEL) partnership with Cosan S.A. (NYSE:CSAN) in Raizen SA, which focuses on second-generation ethanol.

Portfolio Pulse from Lekha Gupta

June 24, 2024 | 10:58 am

OSK

Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE:OSK), has secured a $27.3 million order from the U.S. Army Contracting Command for 57 Medium Equipment Trailers. The order will be executed in partnership with Broshuis B.V.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:09 am

GUTS

Fractyl Health, Inc. (NASDAQ:GUTS) is accelerating its REMAIN-1 clinical study and expanding the protocol for its REVITALIZE-1 study, potentially increasing the U.S. treatment population for its Revita device by nearly six-fold. The company aims to provide durable weight maintenance and enhanced glucose regulation for patients with obesity and type 2 diabetes (T2D). Key data from these studies are expected between Q4 2024 and mid-2025.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:07 am

FREY

FREYR Battery (NYSE:FREY) has achieved a significant milestone in battery cell production at its Customer Qualification Plant in Norway. The company successfully produced unit cells in a continuous process, enhancing the technical and economic competitiveness of its SemiSolid™ technology. FREYR aims to reach nominal production speeds, produce multi-layer battery cells, and secure additional development capital.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:06 am

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) announced it expects to receive over $69.4 million from the cash exercise of warrants on June 20 and 21, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:04 am