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BKSY

BlackSky Technology Inc. (NYSE:BKSY) has secured a $6 million contract expansion with an international defense sector customer, increasing the annual subscription to nearly $18 million for its Gen-2 satellite imagery services. This expansion comes as BlackSky prepares to launch its advanced Gen-3 capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:32 pm

PRZO

ParaZero has secured a new order for its advanced counter-drone system from a global defense and intelligence OEM, highlighting the growing demand for counter-unmanned aerial systems (C-UAS) solutions.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:18 pm

CI

CVS

UNH

CVS Health is considering restructuring by potentially splitting its retail and insurance divisions to address financial challenges. The company faces investor pressure and a valuation gap compared to competitors like UnitedHealth and Cigna. Discussions include possibly unwinding the $70 billion Aetna acquisition. CVS Health's stock rose 2.21% in premarket trading.

Portfolio Pulse from Vandana Singh

October 01, 2024 | 12:10 pm

GMGI

Golden Matrix Group's subsidiary, Meridianbet, has expanded its sports wagering product suite by introducing approximately 170 new games and over 2,000 additional betting selections per match. This expansion aims to enhance user engagement, revenue streams, and market share.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:07 pm

LULU

Over the past three months, 30 analysts have evaluated Lululemon Athletica (NASDAQ:LULU), showing a range of sentiments from bullish to bearish. The average 12-month price target has decreased by 14.64% to $320.83, with a high of $470.00 and a low of $220.00. Recent analyst actions include several downgrades and lowered price targets, reflecting a negative shift in sentiment. Despite this, Lululemon's financial performance remains strong, with impressive revenue growth, net margin, ROE, and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 12:02 pm

MGM

Analysts have mixed ratings for MGM Resorts Intl (NYSE:MGM), with a recent decrease in average price targets by 2.19%. The company's financial performance shows strong revenue growth and net margin, but challenges in asset utilization and high debt levels.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 12:00 pm

PAGS

PagSeguro Digital (NYSE:PAGS) has received mixed analyst ratings, with a recent decrease in average price target by 22.7%. Analysts have varied opinions, ranging from 'Market Perform' to 'Underweight', with price targets between $6.50 and $16.00. The company's financial performance shows strong net margins but challenges in ROE and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 12:00 pm

BYDDF

BYDDY

BYD Co Ltd reported a 46% increase in September sales of new energy passenger vehicles, driven by a significant rise in plug-in hybrid sales. The company sold 417,603 vehicles, with plug-in hybrid sales up 86.2% and pure EV sales up 9%. BYD remains a key competitor to Tesla in the EV market.

Portfolio Pulse from Anan Ashraf

October 01, 2024 | 11:40 am

HCWC

Healthy Choice Wellness has reported an estimated revenue of $50 million for the nine-month period ending September 30, with a projected gross margin of $21 million, marking a 30% increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 11:37 am

XPEV

XPeng shares rise as the company reports a 39% year-over-year increase in Smart EV deliveries for September, totaling 21,352 units.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 11:37 am