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TIAUSD

LightLink has integrated its Hummingbird client with Celestia's Mainnet to enhance scalability and reduce transaction fees. This integration aims to lower operational costs and improve data integrity and security. Future developments include the launch of Blobstream and a community validator game.

Portfolio Pulse from Murtuza Merchant

June 06, 2024 | 10:56 am

BKE

The Buckle, Inc. (NYSE:BKE) reported a decrease in comparable store net sales by 7.6% for the 4-week period ended June 1, 2024, compared to the same period last year. Net sales for the same period decreased by 8.2% to $82.0 million. Year-to-date comparable store net sales for the 17-week period ended June 1, 2024, decreased by 8.6%, with net sales down 7.4% to $344.5 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:54 am

FRGT

Freight Technologies shares are trading higher after the company announced the addition of 26 new customers and 149 new carriers in 2024.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:52 am

PLUR

Pluri announced that the US NIAID will provide the company with $1.4M from July 1, 2024, to June 30, 2025, as part of a three-year $4.2M contract. The funding will support the manufacturing and studies of PLX-R18 cell therapy for treating hematopoietic complications of acute radiation syndrome.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:50 am

ARKB

FBTC

GBTC

IBIT

Bitcoin spot ETFs have recorded 17 consecutive days of net inflows, reaching a cumulative $15.3 billion year-to-date. Individual ETFs like Grayscale's GBTC, Fidelity's FBTC, BlackRock's IBIT, and Ark Invest's ARKB saw significant inflows. The positive trend is driven by low jobless claims and anticipated CPI data, with speculation of potential rate cuts adding momentum. Ethereum's performance lags due to delays in ETF approval.

Portfolio Pulse from Murtuza Merchant

June 06, 2024 | 10:50 am

CTM

Castellum, Inc. (NYSE-American: CTM) has reduced its total outstanding debt to $10.6 million and is nearing the completion of a 36-month term loan with Live Oak Banking Company. The company has two remaining payments and expects its total debt to fall below $10 million by year-end.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:46 am

MCRB

Seres Therapeutics has entered into a non-binding memorandum of understanding with Nestlé Health Science for the sale of Seres' VOWST assets. The deal includes capital infusions and an upfront payment, which will help Seres retire its debt and extend its cash runway into Q4 2025. The company will focus on advancing SER-155 and other oral microbiome therapeutics.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:33 am

FRGT

Freight Technologies announced the addition of 26 new customers and 149 new carriers in 2024, indicating significant growth and expansion in its operations.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:33 am

TSLA

Tesla Inc (NASDAQ:TSLA) announced that its team at Giga Texas has produced the 50 millionth 4680 battery cell, a key component for the Cybertruck. This milestone comes as the company ramps up production, with a significant increase in the first quarter. Despite previous reports of production struggles, Tesla aims to stay ahead of Cybertruck production needs.

Portfolio Pulse from Anan Ashraf

June 06, 2024 | 10:21 am

NIO

Nio expects Q2 2024 revenue between $2.297B and $2.373B and vehicle deliveries between 54,000 and 56,000 units, marking significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:17 am