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ARM

The article provides a detailed comparison of ARM Holdings with its competitors in the Semiconductors & Semiconductor Equipment industry. ARM Holdings has a high PE ratio, PB ratio, and PS ratio, indicating that the stock is trading at a premium. However, the company has a low ROE, EBITDA, gross profit, and revenue growth, suggesting potential inefficiencies and lower profitability. ARM Holdings also has a lower debt-to-equity ratio compared to its top 4 peers, indicating a healthier balance between debt and equity.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 4:00 pm

CHPT

ChargePoint Holdings Inc (NYSE:CHPT) shares are trading higher by 11.8% despite a lack of company-specific news. The rise may be due to broader strength in the EV sector and overall market strength following the Federal Reserve's decision to maintain the federal funds rate. ChargePoint's stock has seen a 40% decline in the past month, largely due to the company's announcement regarding commitments from institutional investors for their $300 million convertible notes issued in April 2022.

Portfolio Pulse from Henry Khederian

November 02, 2023 | 3:53 pm

NRG

NRG Energy reported its Q3 financial results and announced a 15% increase in its stock buyback program, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:51 pm

EIS

SPY

USO

Israeli Prime Minister Netanyahu has not made any decision about allowing fuel into Gaza, according to Reuters. The situation could potentially affect the energy sector and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:41 pm

LLY

Eli Lilly has announced that it expects tight supplies of incretin products to continue while it operationalizes additional manufacturing capacity. The company anticipates that additional internal and contracted manufacturing capacity will be fully operational worldwide in the next few years.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:33 pm

SHEL

Shell has announced a $3.5 billion share repurchase program, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:19 pm

ET

A whale investor has taken a bullish stance on Energy Transfer (NYSE:ET), with 63% of investors opening trades with bullish expectations and 36% with bearish. The whale has been targeting a price range from $9.0 to $17.0 for Energy Transfer over the last 3 months. The price of ET is up 2.24% at $13.45. Goldman Sachs downgraded its action to Neutral with a price target of $14.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 3:17 pm

NBTX

Nanobiotix SA - ADR (NASDAQ:NBTX) shares dropped by 16.4% after the company priced its global follow-on offering. The offering includes 3,106,907 ADSs in the U.S. at $5.36 per ADS and 2,492,223 Ordinary Shares in Europe at €5.07 per share. Johnson & Johnson Innovation's JJDC is obligated to subscribe for $25.0 million in Ordinary Shares through a Concurrent Private Placement. The total expected proceeds are approximately $55 million (€51.5 million), before deductions.

Portfolio Pulse from Henry Khederian

November 02, 2023 | 3:06 pm

POET

POET Technologies Inc's shares fell by 19.5% to $2.19 after the company initiated a public offering in the US and a non-brokered offering in Canada. The offerings include common shares and warrants for the purchase of common shares. Maxim Group LLC is managing the US offering. The proceeds will be used for general working capital purposes, including expanding revenue and developing photonic modules for AI and related markets.

Portfolio Pulse from Henry Khederian

November 02, 2023 | 3:04 pm

TS

Tenaris reported better-than-expected Q3 net sales results, leading to a rise in its share prices. The company also announced a $1.2 billion buyback program.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:02 pm