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US stocks opened lower with the Dow Jones, NASDAQ, and S&P 500 all falling. Housing starts in the US fell 11.3% MoM to an annualized rate of 1.283 million in August, the lowest level since June 2020. Connexa Sports Technologies, Avinger, and Sezzle saw their shares rise, while Digital Transformation Opportunities Corp., Histogen, and Revance Therapeutics saw their shares fall.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 1:59 pm

BP

BP Plc has appointed Kate Thomson as the interim chief financial officer. Thomson, who has been with the company for 19 years, is currently BP's senior vice president, finance for Production & Operations. The appointment follows the recent appointment of Murray Auchincloss as interim CEO. BP shares are trading higher by 1.01% at $38.95.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 1:47 pm

MAR

Marriott Intl Inc. (NASDAQ:MAR) shares are currently trading at $200.34, after a 0.17% drop. Despite a decrease of 1.79% over the past month, the stock has risen by 35.18% over the past year. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E of 40.21 of the Hotels, Restaurants & Leisure industry, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 1:45 pm

GOOG

GOOGL

MSFT

Google, a subsidiary of Alphabet Inc, is integrating its Bard AI chatbot with Gmail, YouTube, and Google Docs to compete with OpenAI's ChatGPT and Microsoft's Bing. Bard will be able to analyze and summarize Gmail emails, search Google Docs, and check flight prices using Google Flights. Despite these advancements, AI chatbots like Bard still face challenges related to accuracy and the generation of false information.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 1:39 pm

NCNC

Noco-Noco Inc has filed for an offering of up to 33 million ordinary shares by a selling security holder, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:26 pm

RVNC

Revance Therapeutics Inc has announced plans to exit the OPUL Payments business. The exit and restructuring activities will predominantly include a reduction in OPUL personnel headcount, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:13 pm

WMG

Warner Music Group Corp. (NASDAQ:WMG) has announced the appointment of Bryan Castellani as its new Executive Vice President and Chief Financial Officer, effective from October 16. Castellani, who has over two decades of experience at The Walt Disney Company, will succeed Eric Levin, who is retiring in January. Castellani's appointment is expected to bring new insights and strategies to WMG, given his extensive experience in media and finance.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:11 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares are trading lower after a surge on Monday following the announcement of a new chief operating officer, Mary Chan. Chan, who previously served as a managing partner at VectoIQ and as president and COO of VectoIQ Acquisition Corp, will lead several teams at Nikola, including engineering, program, product, supply chain, and manufacturing. Nikola's CEO, Steve Girsky, believes Chan's appointment will streamline decision-making processes and improve the company's engineering and manufacturing capabilities.

Portfolio Pulse from Adam Eckert

September 19, 2023 | 1:08 pm

MSFT

Microsoft has announced an increase in its quarterly dividend from $0.68 to $0.75 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:05 pm

SRFM

Surf Air Mobility Inc has filed for the resale of up to approximately 2.0 million shares of common stock by the selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:05 pm