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CEG

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OKLO

The European Nuclear Alliance urges the EU to reconsider nuclear energy policies, highlighting its role in decarbonization. US tech giants like Amazon and Google are investing in nuclear power, while Constellation Energy plans to reopen a nuclear plant with Microsoft. The Biden administration supports nuclear energy, boosting related stocks and ETFs.

Portfolio Pulse from European Capital Insights

October 23, 2024 | 4:29 pm

PIXY

ShiftPixy Inc (NASDAQ:PIXY) shares rose by 11.7% after announcing a letter of intent to acquire TurboScale for $150 million. The acquisition aims to enhance ShiftPixy's platform with AI technology, though it is subject to several conditions. The deal could improve staffing efficiency and labor forecasting.

Portfolio Pulse from Henry Khederian

October 23, 2024 | 3:28 pm

CMG

MCD

McDonald's once owned a 90% stake in Chipotle, which it sold by 2006. This decision cost McDonald's a potential $73.8 billion, as Chipotle's market cap has since soared to $82 billion. The sale was driven by strategic focus on McDonald's core brand.

Portfolio Pulse from Chris Katje

October 23, 2024 | 3:11 pm

SHFS

Safe Harbor Financial (NASDAQ:SHFS) is facing a legal dispute over its $30 million acquisition of Rockview Digital Solutions (Abaca), which could impact its financial standing and reputation. The conflict involves a payment dispute and changes in payment oversight, potentially affecting future deals in the cannabis banking sector.

Portfolio Pulse from Nicolás Jose Rodriguez

October 23, 2024 | 3:06 pm

ROP

Roper Technologies Inc (NASDAQ:ROP) reported strong Q3 2024 results with a 13% revenue growth, beating estimates. The company raised its full-year guidance and completed a significant acquisition. Despite positive results, the stock is slightly down premarket.

Portfolio Pulse from Anusuya Lahiri

October 23, 2024 | 2:44 pm

APH

Amphenol Corporation reported a 26% increase in Q3 2024 sales, surpassing analyst expectations. The growth was driven by IT, mobile networks, and acquisitions. The company also reported strong profitability with an adjusted operating margin of 21.9%. Amphenol's outlook for Q4 and fiscal 2024 also exceeds analyst expectations.

Portfolio Pulse from Anusuya Lahiri

October 23, 2024 | 2:31 pm

BFLBF

HOCFF

KSVRF

The European economy is facing stagflation despite cooling inflation, with PMI and sentiment indicators declining. The ECB may continue cutting interest rates, but the outlook remains bleak. Foreign takeovers of German companies are increasing due to lower valuations.

Portfolio Pulse from European Capital Insights

October 23, 2024 | 1:59 pm

SAVE

Spirit Airlines shares are experiencing an uptick due to renewed merger discussions with Frontier Airlines.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:48 pm

SAVE

ULCC

Frontier Airlines and Spirit Airlines have revived early-stage merger talks. Spirit is also negotiating with bondholders regarding potential bankruptcy terms.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:45 pm

SHEL

Shell has announced its acquisition of a 100% equity stake in RISEC Holdings. The financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:34 pm