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BTOG

Bit Origin Ltd (NASDAQ:BTOG) has provided an update on its operations for September 2023. The company mined 15.9 Bitcoins and achieved a revenue of $416,444. It ceased operations in Indiana and moved to Wyoming, where it has installed 3,200 miners with a total mining hash rate of 320 PH/s. An additional 1,050 miners are waiting to be deployed. The company also ceased operations in Georgia from December 2022.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:15 pm

APLE

Apple Hospitality REIT has acquired Courtyard By Marriott Salt Lake City Downtown for approximately $48.1M, Hyatt House Salt Lake City/Downtown for approximately $34.3M, and a 346-space parking garage for approximately $9.1M. The company also has two additional hotels under purchase for approximately $55.5M and $36.8M.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:03 pm

MORF

Morphic Holding Inc has reported preliminary cash, cash equivalents, and marketable securities totaling about $725M as of September 30, according to an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:00 pm

EIS

Israeli Prime Minister Benjamin Netanyahu and US Secretary of State Antony Blinken have united against Hamas, comparing the group to ISIS. The US has sent the first shipments of military support to Israel. The Israeli Air Force has launched strikes on over 70 targets in the Gaza Strip. The International Monetary Fund (IMF) is monitoring the situation and its impact on the global economy, particularly oil markets. The Israeli shekel is down 0.3% against the dollar, and the TA-125, Israel’s major stock market index, was down 0.2%. The iShares MSCI Israeli ETF (NYSE:EIS) fell 1.5%.

Portfolio Pulse from Piero Cingari

October 12, 2023 | 12:50 pm

ALGOUSD

Matt Keller, Head of Social Impact for the Algorand Foundation, will be speaking at Benzinga's Future of Digital Assets conference on Nov. 14. Keller is known for driving social transformation through technology, specifically leveraging the Algorand blockchain. His work focuses on financial inclusion, social impact, and environmental sustainability. The conference session will discuss emerging trends, innovative applications, and potential upheavals to traditional centralized models in the realm of the decentralized web.

Portfolio Pulse from Murtuza Merchant

October 12, 2023 | 12:44 pm

WBA

Walgreens' Interim CEO announced that the company is reducing areas for contracted or project work, altering store operating hours based on local market trends, closing unprofitable stores, and using AI to more accurately forecast demand.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:43 pm

UUP

The Consumer Price Index (CPI) for September surpassed expectations, growing at a 3.7% YoY pace, which is putting pressure on the Federal Reserve to consider raising interest rates. The U.S. dollar, as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), rose 0.3% after the CPI report, while futures on the S&P 500 turned negative.

Portfolio Pulse from Piero Cingari

October 12, 2023 | 12:42 pm

CDIO

Cardio Diagnostics Holdings has launched a new lab and fulfillment center in Iowa City, Iowa. The new facility will enhance the company's capacity to deliver its services.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:39 pm

GS

KKR

Goldman Sachs Group, Inc. (NYSE:GS) is selling the GreenSky platform and associated loan assets to a consortium led by Sixth Street, which includes KKR & Co. Inc. (NYSE:KKR), Bayview Asset Management, and CardWorks. The sale is expected to result in a $(0.19) earnings per share impact on Goldman Sachs' Q3 earnings. Goldman Sachs will continue to operate the platform and record ongoing business results.

Portfolio Pulse from Nabaparna Bhattacharya

October 12, 2023 | 12:22 pm

OLPX

Olaplex Holdings, Inc. (NASDAQ:OLPX) announced a leadership transition with Amanda Baldwin set to become the new CEO by early 2024, succeeding JuE Wong. John P. 'JP' Bilbrey, the company's Executive Chair, will serve as interim CEO during the transition. The company reiterated its guidance for fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:19 pm