GDS Holdings Ltd ( GDS )  shares are trading higher after its second-quarter FY24 results. Net revenue increased 14.3% Y/Y to $388.9 million, missing the consensus of $389.4 million. The increase was mainly due to the ongoing ramp-up of the data centers and business growth. Adjusted gross profit was $199.7 million, an increase of 10.0% Y/Y, and the margin was 51.4%, compared with 53.4% a year ago.  As of June-end,...

10:32 AM EDT, 08/21/2024 (MT Newswires) -- Bright Green (BGXX) said Wednesday it signed a letter of intent to supply marijuana extracts and plant-based psychedelics to Benuvia Operations. As part of the proposed deal, Benuvia plans to produce domestically manufactured, pharmaceutical-grade active pharmaceutical ingredients for US and global markets in partnership with Bright Green, the company said. Bright Green shares...

Investors with a lot of money to spend have taken a bullish stance on Advanced Micro Devices ( AMD ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something...

10:21 AM EDT, 08/21/2024 (MT Newswires) -- Macy's (M) trimmed its full-year sales outlook on Wednesday amid an uncertain discretionary consumer market, as the department store operator's fiscal second-quarter topline declined on a yearly basis. Sales are now set to come in between $22.1 billion and $22.4 billion during the current fiscal year, compared with the company's prior projection of...