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TTE

TotalEnergies SE (NYSE:TTE) has signed over 1.5 GW of renewable Power Purchase Agreements (PPAs) globally with more than 600 industrial and commercial customers. Of these, 1.1 GW is operational, producing 1.5 TWh of electricity annually, with the remaining 400 MW expected to be commissioned by year-end. The deals aim to support the energy transition across various industries and include significant projects in the U.S., Belgium, Oman, and Indonesia. TTE shares rose 0.46% in premarket trading.

Portfolio Pulse from Lekha Gupta

March 18, 2024 | 11:13 am

SWIM

Latham Group's stock price increased following an upgrade by Stifel from Hold to Buy, with a raised price target from $3 to $4.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:11 am

BTCUSD

Crypto trader Alex Krüger predicts the Bitcoin bull market is far from over, attributing potential growth to the underutilized institutional sales process of Bitcoin ETFs. Krüger highlights that only 20% of the institutional sales mechanism for Bitcoin ETFs is functional, with expectations of significant acceleration by year-end. He notes the slow adoption by advisors but mentions Merrill Lynch and UBS preparing to offer ETFs to clients, signaling a broader institutional embrace. The approval and trading of spot Bitcoin ETFs since January 10 have already attracted new investors and contributed to Bitcoin's recent price surge.

Portfolio Pulse from Benzinga Neuro

March 18, 2024 | 11:09 am

GNS

Genius Group has released further details about its acquisition of FatBrain AI, indicating that post-acquisition, Genius Group will remain the parent company. FatBrain AI's assets will be held in a wholly owned subsidiary. Genius Group will continue to trade on the NYSE American under the ticker GNS, operating as a Singapore-based entity compliant with IFRS Standards.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:03 am

BA

Political scientist Ian Bremmer reacted to a New York Times article on Boeing's (NYSE:BA) financial and safety struggles, amid a series of aviation incidents and scrutiny. Boeing's stock has declined, and United Airlines is considering replacing Boeing 737 Max 10 orders with Airbus SE’s A321neo jets, indicating potential loss of confidence in Boeing.

Portfolio Pulse from Benzinga Neuro

March 18, 2024 | 11:03 am

SAIC

Science Applications Intl (SAIC) reported Q4 adjusted EPS of $1.43, missing the $1.46 estimate, and sales of $1.74B, beating the $1.64B estimate. This represents a 29.9% decrease in EPS and an 11.74% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:01 am

HCP

HashiCorp's stock price increased following a Bloomberg report on Friday that the company is considering a potential sale.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:01 am

BYDDF

LI

NIO

XPEV

China's EV market is experiencing significant growth, with BYD, backed by Warren Buffett, leading as the world's largest seller of electric vehicles. BYD predicts NEV penetration will exceed 50% in the next three months. Nio focuses on long-life batteries, XPeng targets the budget segment with a new brand, Li Auto considers adjusting its sales target, and Huawei expects its auto unit to be profitable by 2024.

Portfolio Pulse from Anan Ashraf

March 18, 2024 | 10:59 am

CMAX

CareMax reported Q4 sales of $151.84M, missing the analyst consensus estimate of $190.83M by 20.43%, marking a 7.57% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:59 am

NVDA

NVIDIA's stock price increased following HSBC's decision to maintain a Buy rating and raise its price target from $880 to $1,050.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 10:54 am