Streetbeat News

Revenues

PLUG

Cell Impact has received an order worth SEK 22.0 million from Plug Power Inc. for production of flow plates and supply of related products for delivery during the first half of 2024. The order signifies a strong collaboration between the two companies and supports the growth of Plug Power's fuel cell business.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 2:52 pm

ETSY

GOOG

Cassidy Johnson turned her print-on-demand side hustle into a full-time job, generating over $766,000 in a year. After being furloughed during the pandemic, she began creating t-shirt designs and posting them on Etsy. She also runs a YouTube channel, which is even more lucrative. Johnson closed her Etsy store last month due to a publicity-led influx of views hurting her rankings in Etsy's search algorithms, but she's already started another one.

Portfolio Pulse from Adam Eckert

October 05, 2023 | 2:39 pm

QURE

UniQure N.V. (NASDAQ:QURE) plans to cut 20% of its workforce, or about 114 jobs, and discontinue more than half of its research and technology projects, including AMT-210 for Parkinson's disease. The restructuring is expected to generate savings of about $180 million over the next three years. The company will consolidate all manufacturing into its Lexington, MA facility and consolidate process and analytical development into its Amsterdam, Netherlands facility. Chief Scientific Officer Ricardo Dolmetsch will leave the company as part of the restructuring.

Portfolio Pulse from Vandana Singh

October 05, 2023 | 2:23 pm

AMD

Traders are circulating a note from Baird that suggests reduced 2024 estimates for Advanced Micro Devices (AMD) due to lowered data center revenue expectations for the next year.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:50 pm

REZ

SPY

According to Redfin's Rental Market Tracker, the median US asking rent rose by only 0.4% YoY. The report also indicates that asking rents are increasing in the Midwest and Northeast, but falling in the West.

Portfolio Pulse from Bill Haddad

October 05, 2023 | 1:13 pm

TNP

TEN has announced the delivery of the first of four LNG powered Aframax tankers. The gross revenues from this four-vessel industrial program are expected to reach $520M if all extension options are exercised.

Portfolio Pulse from Bill Haddad

October 05, 2023 | 1:08 pm

SYRA

Syra Health Corp. (NASDAQ:SYRA) has secured a five-year, $4.75 million contract from the District of Columbia's Department of Behavioral Health (DBH). The contract will enable Syra Health to support DBH's mental health initiatives, including its Supported Employment Program and Comprehensive Psychiatric Emergency Program.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 1:06 pm

AAPL

TSM

Taiwan Semiconductor Manufacturing Company (TSMC) is expected to report a 10% revenue decline this year due to insufficient iPhone chip sales to balance the fall in other chip orders, according to industry sources.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:57 pm

MXCT

MaxCyte announced a year-over-year decrease of 25 to 27 percent in preliminary Q3 total revenue, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 12:54 pm

COST

FANG

OKE

WMT

On CNBC's 'Halftime Report Final Trades', analysts discussed ONEOK, Inc. (OKE), Walmart Inc. (WMT), Costco Wholesale Corporation (COST), and Diamondback Energy, Inc. (FANG). ONEOK was initiated with an Underperform rating by Pickering Energy Partners. Walmart is increasing third-party seller activity for the holiday season. Costco reported September retail month net sales of $22.75 billion. Diamondback Energy had its price target raised from $191 to $198 by UBS.

Portfolio Pulse from Priya Nigam

October 05, 2023 | 12:47 pm