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Assets

STSS

Sharps Technology has signed a $50 million asset purchase agreement to acquire Nephron's InjectEZ syringe manufacturing facility. This has led to an increase in Sharps Technology's share price.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:32 pm

CYBN

JAGX

PSIL

Billionaire Steve Cohen has invested nearly $19 million in Cybin Inc. (NYSE:CYBN) for psychedelics R&D. A new bill in Congress aims to discourage federal intervention in states that legalize or decriminalize psilocybin mushrooms. Enthea, a healthcare benefits administrator, is expanding its network to include psychedelic-assisted therapies in health benefit plans. Magdalena Biosciences, Jaguar Health (NASDAQ:JAGX) and Filament Health (OTC:FLHLF) are developing plant-based medicines for mental health indications. The AdvisorShares Psychedelics ETF (NYSE:PSIL) opened at $1.70 on Sept. 18, slightly below previous openings.

Portfolio Pulse from Lara Goldstein

September 26, 2023 | 1:28 pm

OLLI

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) celebrated a significant construction milestone for its new distribution center in Princeton, Illinois. The facility, part of Ollie's growth plan, represents a capital investment of over $75 million and is expected to create over 200 new full-time jobs. The center will service all nine Ollie's stores in Illinois and more than 150 stores across the Midwest. The facility is expected to be completed in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:28 pm

CTRM

Castor Maritime Inc. (NASDAQ:CTRM) has announced the sale of the M/V Magic Argo for $15.75 million, expecting a net gain of $3 million. The vessel is expected to be delivered to the new owners in Q4 2023. The company also announced the termination of the sale of the M/V Magic Moon due to the buyer's failure to take delivery, resulting in the company retaining the vessel and not receiving its purchase price of $13.95 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:19 pm

ETHUSD

Sales of Trump NFTs surged over 50% following a poll suggesting that former President Donald Trump is leading the Republican contenders for the 2024 presidential race. The poll was conducted by the Washington Post and ABC News. Data from OpenSea, a popular NFT marketplace, confirmed the increase in sales. Financial disclosures revealed that Trump owns up to $5 million worth of Ethereum (ETH).

Portfolio Pulse from Mehab Qureshi

September 26, 2023 | 1:17 pm

AAPL

Gene Munster, founder of Deepwater Asset Management, predicts that Apple Inc. (NASDAQ:AAPL) will reduce its dependence on China over the next decade, shifting production to India. He anticipates that China's share of Apple's revenue will decline from 40-45% to 25-30% over the next five years, with India's revenue surpassing that of Greater China. Apple is also expected to start producing AirPods in India, with the overall value of products manufactured in the country projected to increase fivefold over the next four to five years, reaching $40 billion.

Portfolio Pulse from Shanthi Rexaline

September 26, 2023 | 1:08 pm

SPY

XHB

The USA House Price Index for July has been revised from 0.3% to 0.4% on a month-on-month basis.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:06 pm

SPY

XHB

The USA S&P/CS HPI Composite - 20 n.s.a. (YoY) for July has been reported at 0.1%, beating the estimated -0.3% and improving from the prior -1.2%.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:05 pm

SPY

XHB

The House Price Index for July has been reported at 409.5, which is higher than the prior value of 406.1.

Portfolio Pulse from Bill Haddad

September 26, 2023 | 1:02 pm

SPY

XHB

The House Price Index for July has increased by 4.6%, which is higher than the previous 3.2%.

Portfolio Pulse from Bill Haddad

September 26, 2023 | 1:01 pm