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Revenues

AAPL

Apple Inc. (NASDAQ:AAPL) and Tencent are in discussions about a potential revenue-sharing agreement for WeChat mini-games. This could enable in-app purchases on iOS, benefiting developers, users, Apple, and Tencent. The move comes as Apple seeks to boost its presence in China amid declining market share.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 12:17 pm

CLBT

Cellebrite shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance above estimates. Additionally, the company issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:17 pm

TSLA

Tesla's Supercharger network has been ranked highest in customer satisfaction among DC fast charger brands in the U.S. for the fourth consecutive year, according to a JD Power study. Tesla scored 731 points out of 1,000, significantly higher than Electrify America and ChargePoint. The opening of Tesla’s network to non-Tesla EV owners has contributed to the increased satisfaction. However, non-Tesla users face challenges such as the need for adapters and more complex payment processes. Despite the growth in the number of superchargers, the rate has slowed due to layoffs and other issues.

Portfolio Pulse from Anan Ashraf

August 15, 2024 | 12:16 pm

AISP

CING

WMT

On August 15th, Walmart (WMT) raised its FY25 adjusted EPS outlook, Cingulate (CING) received a European patent for its lead asset CTx-1301, and Airship AI Holdings (AISP) reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:14 pm

PRFX

PainReform reported R&D expenses of $11.4M for H1 2024 due to a Phase 3 trial, resulting in a net loss of $12.8M. G&A expenses decreased to $1.5M, and the cash position is at $2.8M following a $4M public offering in April.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:14 pm

GENE

Genetic Technologies has launched its geneType Risk Assessment Portfolio globally on the EasyDNA platform, expanding its reach to 42 countries. This expansion is expected to potentially boost annual revenues by A$7.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:12 pm

ERII

Energy Recovery has signed contracts worth $27.5 million to supply its PX Pressure Exchanger technology for seawater desalination projects in Morocco. The orders are expected to be fulfilled in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:04 pm

LDOS

Leidos has been awarded a contract by the National Institutes of Health for eRA Agile Software Development Support, with a maximum value of $326.5 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:03 pm

SNPS

Nine financial analysts have recently evaluated Synopsys (NASDAQ:SNPS), providing a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $657.78, with a high estimate of $690.00 and a low estimate of $615.00. Analysts have raised their price targets in response to Synopsys's strong financial performance, including a 15.2% revenue growth rate and a net margin of 20.08%.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 12:01 pm

GFAI

GFAIW

Guardforce AI Co (NASDAQ:GFAI) (NASDAQ:GFAIW) has announced the deployment of over 200 advertising robots in New York as part of its AIoT Robot Advertising business expansion into the U.S. market. The company has also completed a proof-of-concept for a decentralized spatial computing solution, set to launch in late August, which will enhance the robots' value and generate additional revenue streams. The robots are strategically placed in high-traffic areas and connected to the Guardforce AI Intelligent Cloud Platform, providing real-time campaign data to advertisers.

Portfolio Pulse from Anusuya Lahiri

August 15, 2024 | 12:00 pm