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Assets

Zscaler (NASDAQ:ZS) has outperformed the market over the past 5 years, producing an average annual return of 34.76%. An investment of $1000 in ZS stock 5 years ago would be worth $4,697.23 today.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:00 pm

URA

According to the EIA Administrator, the combined contribution of renewable and nuclear energy is expected to account for 55-60% of the global electricity supply by 2050. This prediction was cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:53 pm

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According to the EIA Administrator, the demand for fossil fuel energy is expected to increase steadily due to current policies. However, non-fossil fuel sources are projected to grow at a faster rate.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:51 pm

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US stocks traded higher with the Dow Jones gaining over 100 points. Real estate shares surged by 1.1% while energy shares fell by 1.9%. US producer prices increased 0.5% month-over-month in September, above market expectations of 0.3%. Tempest Therapeutics, Wheeler Real Estate Investment Trust, and Gaucho Group Holdings saw significant stock price increases. Silk Road Medical, E2open Parent Holdings, and SuperCom Ltd. experienced notable drops in their stock prices.

Portfolio Pulse from Lisa Levin

October 11, 2023 | 1:40 pm

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Several companies are in the news for various reasons. Alphabet and Discord are facing ethical concerns over Google's AI chatbot, Bard. MGM Resorts snubbed hackers' ransom demands after a cyberattack. Costco is accused of sharing confidential health data with Meta Platforms. Humana has appointed a new CEO. Novo Nordisk has stopped a kidney trial due to early signs of efficacy. Walgreens has appointed a new CEO. GSK has settled a lawsuit. LVMH reported a 9% organic revenue growth in Q3. Qantas Airways is overhauling its board. Tempest Therapeutics' stock soared after positive results from a clinical trial. Tech giants Baidu, Huawei, and Alibaba are setting standards for autonomous driving in China. Blackstone is in talks to acquire a stake in Disney's Indian subsidiary. Mallinckrodt's bankruptcy plan was approved. Birkenstock has priced its IPO.

Portfolio Pulse from Vandana Singh

October 11, 2023 | 1:36 pm

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Bitcoin and Ethereum prices moved lower, trading below $27,200 and $1,600 respectively. The U.S. Producer Price Index (PPI) increased 0.5% month-over-month in September, above market expectations of 0.3%. The global crypto market cap fell to $1.06 trillion, a 24-hour decline of 0.6%. Render was the top gainer, while XDC Network was the biggest loser.

Portfolio Pulse from Lisa Levin

October 11, 2023 | 1:32 pm

TRNO

Terreno Realty Corporation has acquired a property in Redondo Beach, CA for $45.7 million.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:18 pm

SPRC

SciSparc Ltd. (NASDAQ:SPRC) has announced a private placement to raise approximately $5.026 million. The company will issue 1,930,108 units, each consisting of two Pre-Funded Warrants with an exercise price of $0.001 and a term of five years. The closing of the private placement is expected to occur on October 13, 2023. Aegis Capital Corp. is acting as the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:16 pm

CLSK

CleanSpark Inc. (NASDAQ:CLSK) has purchased 4.4 exahashes per second (EH/s) of the recently announced Antminer S21 bitcoin mining machines. The new machines are expected to increase the company's capacity and reduce energy costs per bitcoin mined. The machines, which are expected to start arriving in January 2024, were purchased with favorable terms, including 20% seller-based financing of the total purchase price. Once all machines are deployed, CleanSpark's mining fleet is expected to average 23.5 joules per terahash (J/TH).

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:02 pm

SINT

SINTX Technologies has been awarded a Phase II grant of $1,972,826 by the National Institutes of Health (NIH) to develop a 3D printed composite silicon nitride – polyetheretherketone (SN-PEEK) spinal implant. This is the fourth NIH grant awarded to SINTX. The company will collaborate with the University of Pennsylvania School of Veterinary Medicine over the next 24 months to execute this project. The NIH grant will support resourcing and acquisition of materials as well as testing and trials at SINTX and Penn Vet.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:02 pm