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Revenues

LVO

LiveOne Inc (NASDAQ:LVO) has signed a binding letter of intent to acquire Guru Fantasy Sports, Inc. in an all-stock transaction. The acquisition will be integrated into PodcastOne's business, entering the $20 billion fantasy sports market. The deal is expected to add $2.5+ million in revenues and over $600k in EBITDA.

Portfolio Pulse from Akanksha Bakshi

June 26, 2023 | 3:16 pm

BX

PLD

Prologis Inc (NYSE:PLD) has agreed to acquire 14 million square-feet of industrial properties from Blackstone Inc (NYSE:BX) for $3.1 billion in cash. The deal is expected to close by the end of Q2. Prologis reported Q1 2023 revenues of $1.77 billion, up 45%, and core FFO rose 12% Y/Y to $1.22 per share.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 3:04 pm

GDEV

GDEV Inc reported Q4 sales of $99 million, a 19.24% decrease from $122.58 million in the same period last year.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 2:53 pm

NVDA

Nvidia's GeForce RTX 4060 launch showcases the company's AI investments, particularly deep learning super sampling (DLSS), which significantly improves gaming performance. Gaming remains a major revenue source for Nvidia, generating billions of dollars quarterly.

Portfolio Pulse from Anusuya Lahiri

June 26, 2023 | 2:11 pm

AMZN

APO

DB

GS

HSBC

LCID

PFE

The Federal Reserve is set to release stress test results for 23 banks, with expectations of sufficient capital levels. Deutsche Bank faces challenges with clients' missing Russian shares. Amazon plans to invest $26 billion in India by 2030. Lucid Group partners with Aston Martin for EV technology. Virgin Galactic announces its first commercial spaceflight crew. Pfizer discontinues one weight loss candidate while continuing another. XPeng plans to unveil its G6 Ultra Smart Coupe SUV. HSBC will exit Canary Wharf and set up a new HQ. Goldman Sachs begins laying off managing directors. Apollo backs Wolfspeed with $2 billion for expansion. JD.com plans to create an autonomous division.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 1:54 pm

DIS

Disney's (NYSE: DIS) transition from linear pay-TV to direct-to-consumer (DTC) faces challenges as U.S. pay-TV declines impact the company's revenues and operating profits. The company needs to convince consumers that their DTC bundle is worth more than the current price to offset the decline in linear TV revenues.

Portfolio Pulse from The Science Of Hitting

June 26, 2023 | 1:16 pm

ABBV

CLGN

CollPlant Biotechnologies announced it achieved a milestone in its regenerative dermal filler product collaboration agreement with AbbVie, resulting in a $10 million payment from AbbVie.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:31 pm

DHC

Diversified Healthcare Trust (DHC) reported a 36% decline in SHOP NOI for May 2023 compared to April 2023, indicating an inconsistent recovery. DHC also provided insight into its debt incurrence covenant and reiterated its board's recommendation for the pending merger with Office Properties Income Trust.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 12:10 pm

AGRX

Agile Therapeutics announced that Twirla, a transdermal system, will be available to MMCAP Infuse members nationwide starting July 1, 2023. This is expected to boost non-retail channel growth and contribute to 2023 net revenue of $25-$30 million.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:05 pm

TRVN

Trevena announced new topline Olinvyk data from the ARTEMIS real-world outcomes study, highlighting reduced cost per admission.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 11:12 am