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VRAR

Brightline Interactive has secured a $4 million task order contract with a Department of Defense (DoD) entity.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:35 pm

BURU

Nuburu, Inc. (NYSE: BURU) has received a purchase order from Blueacre Technology for its BlueScan solution. Blueacre will integrate Nuburu's BL laser for precision medical device manufacturing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:35 pm

VRNT

Verint (NASDAQ: VRNT) has secured a $4 million contract with a leading Australian bank to deploy its workforce management and AI-powered TimeFlex Bot capabilities. This expansion aims to improve agent work/life balance and reduce attrition and absenteeism among the bank's 4,500 contact center agents.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:34 pm

AISP

Airship AI Holdings has announced expectations for triple-digit revenue growth and positive cash flow for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:34 pm

CW

Curtiss-Wright Corporation (NYSE:CW) has secured contracts worth over $130 million to supply propulsion valves, pumps, and advanced instrumentation and control systems for U.S. Navy's Virginia-class, Columbia-class, and Ford-class programs.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:34 pm

AISP

Airship AI Holdings reported a Q1 2024 EPS of $(1.40), a significant decline from $(0.08) year-over-year. However, revenue increased to $10.575 million from $2.938 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:33 pm

RELI

Reliance Global Group, Inc. (NASDAQ:RELI) has announced the acquisition of Spetner Associates, a benefits enrollment company serving over 75,000 employees. The acquisition is expected to double Reliance's revenue and drive significant EBITDA growth and shareholder value in 2024. Terms of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:33 pm

ASML

GOOGL

META

MSFT

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) has raised concerns about the high costs of ASML's new advanced chip machines, which cost €350 million ($380 million) each. TSMC plans to use older EUV technology for its upcoming A16 node technology due to economic considerations. TSMC is also building an $11 billion European chip plant in Dresden, Germany. TSMC reported a 16.5% revenue growth in Q1, surpassing estimates. Big tech companies like Microsoft, Meta, and Alphabet committed over $32 billion in AI infrastructure in Q1.

Portfolio Pulse from Anusuya Lahiri

May 15, 2024 | 12:32 pm

DIA

IWM

QQQ

SPY

Major indexes are trading higher after April CPI figures were mostly in line with estimates.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:32 pm

SPY

The S&P 500 experienced a spike following the release of April's Consumer Price Index (CPI) data, which was mostly in line with expectations.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:31 pm