Streetbeat News

Revenues

BITF

Bitfarms has projected a 2025 guidance of over 35 EH/s, supported by a site capable of 8 EH/s and a recent acquisition of 100 MW in Paraguay. The company is also exploring expansion opportunities in the Pennsylvania-New Jersey-Maryland interconnection region.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 10:04 am

NEXT

Aramco and NextDecade Corporation have signed a non-binding Heads of Agreement for a 20-year LNG sale and purchase agreement. Aramco will purchase 1.2 million tonnes per annum of LNG from Train 4 at the Rio Grande LNG Facility in Texas, pending a positive Final Investment Decision.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 10:02 am

BITF

Bitfarms has announced an increase in its power capacity to 648 MW by 2025, a 170% rise from its current 240 MW.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 10:02 am

VGK

Eurozone Industrial Production for April decreased by 0.1% month-over-month, missing the estimated increase of 0.1%. The previous month's figure was revised to a 0.5% increase.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 9:55 am

BYDDF

BYDDY

LI

NIO

TSLA

XPEV

The European Union has introduced new tariffs on Chinese electric vehicles, impacting companies like BYD, Nio, Li Auto, and XPeng. Despite the tariffs, BYD is expected to remain competitive due to its cost advantages. The tariffs could accelerate localization plans for Chinese EV makers in the EU and have broader implications for the global automotive industry.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 9:31 am

AMZN

Amazon's Project Kuiper has partnered with Vrio Corporation to deliver satellite broadband in seven South American countries, targeting 383 million people, including 200 million without internet access. This initiative aims to bridge the digital divide and enhance community development.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 9:23 am

JG

Aurora Mobile Limited (NASDAQ:JG) reported a 90% growth in registered users for its AI platform GPTBots in Q1 2024, with a significant portion of users coming from international markets. Despite this growth, the revenue contribution remains minimal.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 9:06 am

QD

Qudian reported a Q1 adjusted EPADS of $(0.05), down from $0.26 year-over-year, while sales increased to $7.74 million from $3.18 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 9:03 am

ADBE

GOOG

GOOGL

KFY

ORCL

SIG

VRA

The S&P 500 topped 5,400 as the Federal Reserve held interest rates steady and inflation eased. Vera Bradley shares fell 17% due to weak guidance, while Oracle shares jumped 13% after strong earnings and a partnership with Google Cloud. Investors await earnings from Signet Jewelers, Adobe, and Korn Ferry.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 7:07 am

AMZN

Amazon's Project Kuiper has partnered with Vrio Corporation to provide affordable, high-speed internet connectivity in seven South American countries. This initiative will use Amazon's satellite broadband network to serve unserved and underserved communities through Vrio's DIRECTV Latin America and Sky Brasil.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 7:04 am