Streetbeat News

Revenues

IONQ

IonQ has increased its 2023 booking expectations to a range of $4M-$55M, up from the previous range of $38M-$42M.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:09 pm

SAIC

SAIC has secured a $1.3 billion contract to lead the US Department of Treasury's adoption of enhanced cloud services through the T-Cloud contract, which aims to centralize management of systems infrastructure, platform, and software-as-a-service.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:06 pm

XOMA

XOMA Corporation acquired royalty and milestone rights for arimoclomol and aldoxorubicin from LadRx Corporation for $5 million. Arimoclomol is expected to file a New Drug Application in Q3 2023, while aldoxorubicin is in Phase 2 development for pancreatic cancer. XOMA will receive royalties and milestone payments for both drugs, potentially totaling $395.6 million.

Portfolio Pulse from Vandana Singh

June 22, 2023 | 7:09 pm

EXAS

Exact Sciences Corporation (NASDAQ:EXAS) is poised to dominate the emerging precision oncology market, with a potential $18 billion market. Analysts reiterate Buy ratings and raise price targets, as the company's Cologuard test shows promising results and management remains confident in future growth prospects.

Portfolio Pulse from Nabaparna Bhattacharya

June 22, 2023 | 6:38 pm

FDX

FedEx shares are recovering after a drop following the company's Q4 revenue results, FY24 outlook, and the CFO's comments on margin contractions.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:07 pm

HD

Home Depot (HD) aims for over 85% of its outdoor lawn equipment sales in the US and Canada to be battery-powered by 2028, reducing greenhouse gas emissions by over 2 million metric tons annually.

Portfolio Pulse from Charles Gross

June 22, 2023 | 3:04 pm

UNRV

Adnant, a cannabis consulting and accounting firm, has successfully restructured Unrivaled Brands, Inc. (OTCQB:UNRV), resulting in its second consecutive quarter of net income and a reduction in total liabilities from $125.3 million to $73.2 million. Adnant is now seeking new ventures to guide and transform.

Portfolio Pulse from Vuk Zdinjak

June 22, 2023 | 2:55 pm

SPY

USA existing home sales for May increased by 0.2%, beating the estimated decline of 3.2%.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 2:03 pm

SPY

USA existing home sales for May reached 4.30 million, slightly higher than the estimated 4.25 million and the prior month's 4.29 million.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 2:02 pm

KSCP

Knightscope has received an expanded order for its emergency communication system, adding to the $1.25M order announced earlier in 2023.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:41 pm