Streetbeat News

Revenues

AUDA

Audacy has entered into a distribution and monetization agreement with TuneIn, extending the digital reach of its 250+ radio stations and podcast library. The partnership will expand Audacy's content availability to over 200 additional platforms and connected devices, and bring select TuneIn original content to the Audacy digital platform.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:04 pm

GOOG

GOOGL

NHNCF

YouTube, owned by Alphabet Inc, is set to launch its first official shopping channel for live commerce in South Korea on June 30. The 90-day project will initially provide a live-commerce platform to companies and livestream shopping content from around 30 brands. South Korea's live commerce market is expected to reach $7.7 billion in 2023, with Naver Corp holding a 60% market share.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 1:14 pm

AMRN

Amarin Corporation announced that its drug Vascepa has been approved to reduce cardiovascular risk in the Kingdom of Saudi Arabia. This approval expands the drug's market and may boost Amarin's revenues.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 1:05 pm

EVGN

Evogene's subsidiary Casterra signed a framework agreement with an oil & gas company to sell its castor seeds for sustainable biofuel production, with initial purchase orders of $9.1 million.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 12:56 pm

AHI

CMMB

OCTO

AHI signed a letter of intent with UAE-based e-Script Medicine Management Company Pharmak Direct. Eightco Holdings Inc. (OCTO) raised its revenue guidance to $73 million for FY2023. Chemomab Therapeutics (CMMB) reported positive data from a secondary analysis of a Phase 2a liver fibrosis trial in NASH patients at EASL 2023.

Portfolio Pulse from ryanfaloona@benzinga.com

June 21, 2023 | 12:41 pm

KULR

KULR Technology Group has signed a deal to conduct battery cell testing projects with a top 5 global eVTOL manufacturer. The tests, set to complete in Q3 2023, aim to advance eVTOL battery safety as federal regulators develop certification rules for the eVTOL air taxi market. KULR expects record revenues in Q2 2023.

Portfolio Pulse from Anusuya Lahiri

June 21, 2023 | 12:15 pm

AEMD

Aethlon Medical (NASDAQ:AEMD) is investigating the use of its Hemopurifier in the organ transplant market, aiming to confirm its ability to remove harmful viruses and exosomes from harvested organs. The global transplantation market is projected to reach $33.7 billion by 2032, with an 8.36% CAGR from 2023 to 2032.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 12:07 pm

SLGG

Super League (NASDAQ: SLGG) integrates generative AI technologies into its creative process, improving content development, color inspiration, image adjustments, audio generation, and script refinement. The company uses tools such as Midjourney, Stable Diffusion, Adobe Firefly, Eleven Labs, and ChatGPT to enhance its content visualization and production capabilities, increasing internal efficiencies and opportunities for sustained new business and revenue growth.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 12:06 pm

OCTO

Eightco Holdings Inc. (NASDAQ:OCTO) has raised its revenue guidance for FY23 to $73 million, up from the previous $60 million, representing a 20% increase. The revision is due to the successful implementation of strategic initiatives, including the Mobi-hub Funding joint venture.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 11:33 am

FDX

UPS

UPS shares are trading lower due to FedEx's Q4 revenue miss, as the two companies are in the same industry.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 11:19 am