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ASNS

Actelis Networks, Inc. (NASDAQ:ASNS) has launched the GigaLine 800 Hybrid-Fiber, a last mile broadband solution designed to extend fiber connectivity using existing copper and coax wiring. This enables immediate multi-Gigabit connectivity for homes, businesses, and IoT applications without waiting for fiber installation. The solution is cost-effective, quick to install, and offers high security with 256-bit MACsec encryption. Actelis has received an order for the GigaLine 800 from a global integrator, indicating market interest.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:32 pm

ADBE

Adobe Inc. reported Q4 financial results with Q1 and FY24 total revenue guidance falling short of expectations, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:32 pm

SPY

U.S. retail sales for November showed an increase of 0.3%, surpassing the estimated decline of -0.1% and improving from the previous -0.2%.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:31 pm

BNGO

Bionano Genomics, Inc. (NASDAQ:BNGO) announced the publication of a special issue of Cancers journal focused on the impact of its optical genome mapping (OGM) on hematological malignancy research. The issue includes eight peer-reviewed publications, with three more expected, highlighting OGM's advantages over traditional cytogenetic methods. OGM is noted for its higher resolution, cost-efficiency, and potential to replace traditional methods. The research demonstrates OGM's concordance with traditional methods and its ability to identify additional pathogenic structural variants (SVs). Bionano's CMO and CEO commented on the significance of the findings for cancer research and cytogenetics.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:17 pm

ALK

Alaska Airlines has launched nine new nonstop routes to popular vacation destinations, including first-ever flights to the Bahamas and Guatemala, new services between Las Vegas and Mexico, and a seasonal flight between Palm Springs and New York JFK. The expansion includes daily, year-round service from Los Angeles to Guatemala City and four times weekly service to Nassau from Los Angeles and Seattle. The airline emphasizes its three-class cabin service, inflight entertainment, and connectivity options on these routes.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:13 pm

VCIG

VCI Global Limited (NASDAQ:VCIG) has announced the acquisition of EVOLET through its financial technology arm, Accuventures Sdn Bhd. This acquisition grants VCI Global access to Malaysia's growing remittance market, valued at approximately $750 million. EVOLET is a digital platform that serves the unbanked, including foreign workers in Malaysia, and has over 13,000 users. The integration of VCI Global's AI-powered micro-financing platform, Credilab, with EVOLET is expected to enhance services for foreign workers and contribute to the company's growth.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:11 pm

SOTK

Sono-Tek Corporation (NASDAQ:SOTK) announced preliminary record revenue for Q3 FY2024 with $5.7M, surpassing the $5.18M estimate. The company experienced a 58% YOY sales growth and a 68% YOY increase in backlog, reaching $10.4M. Sono-Tek also raised its revenue guidance for FY2024, projecting a 30% growth. The strong performance is attributed to robust shipments in clean energy, medical, and industrial markets, and catching up with previously supply chain constrained backlog. Final Q3 FY2024 results will be released in mid-January 2024.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 1:08 pm

BBY

DOCU

HOOD

VZ

Insiders at DocuSign, Best Buy, Robinhood Markets, and Verizon Communications have recently sold shares of their companies. DocuSign's insider sold shares after a reported revenue increase, while Best Buy's insider sold post upbeat earnings but with lowered future guidance. Robinhood's CEO sold shares as the company expands its crypto trading service in the EU. Verizon's insider sold shares amidst the launch of a streaming bundle partnership with Netflix and Warner Bros. Discovery Max.

Portfolio Pulse from Avi Kapoor

December 14, 2023 | 12:59 pm

AEHR

Aehr Test Systems has received its first order for the FOX Wafer Level Test and Burn-in System, which will be used for engineering and qualification of Gallium Nitride semiconductors. This order marks a new application area for Aehr's products, potentially expanding its market and signaling confidence in its technology for high-reliability applications.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:36 pm

TLSI

TriSalus Life Sciences has announced that the Centers for Medicare & Medicaid Services (CMS) will reimburse the TriNav Infusion System, which has been assigned a new Technology Healthcare Common Procedure Coding System (HCPCS) code. This development is significant for the company as it facilitates the adoption of the TriNav Infusion System by healthcare providers by ensuring they can be reimbursed for its use.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 12:10 pm