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INDA

India's Chandrayaan-3 spacecraft successfully landed on the moon, making India the fourth country to achieve this feat. The mission is a follow-up to the Chandrayaan-2 lunar program, which failed minutes before touchdown in 2019. The successful landing comes amid a significant year for India on the international stage, with the country surpassing China as the world's most populous nation and preparing to host the Group of 20 summit.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 12:43 pm

METX

BTC Digital Ltd. (NASDAQ:METX), a blockchain technology company, has announced a 20-for-1 share consolidation. The consolidation will be effective at 5:00 p.m. Cayman Islands time on August 23, 2023. Post-consolidation, the company's ordinary shares will trade on the Nasdaq Capital Market under the same symbol 'METX' but with a new CUSIP number. The company's warrants listed under the symbol 'METXW' will be proportionately adjusted in accordance with their terms.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 12:31 pm

DM

SSYS

Stratasys Ltd. (NASDAQ:SSYS) has announced an Extraordinary General Meeting of Shareholders on September 28, 2023. The agenda includes approval of matters related to the merger with Desktop Metal, Inc., extension of the expiration date of Stratasys' existing shareholder rights plan, and an increase in the number of Stratasys ordinary shares available for issuance under Stratasys' 2022 Share Incentive Plan. The board unanimously recommends shareholders to vote 'FOR' each of the proposals.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 12:08 pm

ZAPP

Management at Zapp EV has purchased 24,800 shares of the company's stock. This could indicate a strong belief in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:07 pm

BWAY

Brainsway has announced the expanded availability of its Deep Transcranial Magnetic Stimulation technology in Taiwan. This expansion brings its installed base in Taiwan to 16 systems, with an additional 5 systems planned for installation before the end of the current quarter.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:00 pm

GOOGL

SNAP

Snap Inc (SNAP) has appointed former Google executive Pulkit Trivedi as its new managing director for India, signaling its commitment to strengthening its foothold in the growing Indian market. Trivedi will oversee key teams, including those managing content and creator ecosystems. Snap has reported a user base of over 200 million monthly active users in India.

Portfolio Pulse from Arpit Nayak

August 23, 2023 | 11:30 am

DRVN

Driven Brands Holdings Inc (NASDAQ:DRVN) has authorized a share buyback program of up to $50 million of its common shares outstanding through March 31, 2025. The company plans to fund the repurchase through a combination of cash on hand, cash flow from operations, and revolving line of credit. As of July 1, 2023, Driven Brands held $212.1 million in cash and equivalents.

Portfolio Pulse from Shivani Kumaresan

August 23, 2023 | 11:21 am

ARKK

F

NVDA

TOL

TSLA

URBN

US markets are seeing movement in stocks such as Urban Outfitters and Toll Brothers. Cathie Wood's Ark Investment sees drones as game-changers in food delivery. In crypto, Elon Musk has made comments about DOGE, and there are concerns about Binance. In politics, there are debates about Biden's Iran deal and potential presidential candidates. In tech, Nvidia is reportedly tripling production of an AI chip. In the EV sector, Tesla faces risks that could impact its 2023 EPS. Ford is investing in a Canada cathode plant.

Portfolio Pulse from Akanksha Bakshi

August 23, 2023 | 11:12 am

IDEX

The board of Ideanomics (IDEX) has approved a reverse stock split of its common stock at a ratio of 1-for-125.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:03 am

LPX

DA Davidson analyst Steven Chercover has upgraded Louisiana-Pacific (NYSE:LPX) from Neutral to Buy and announced a $76 price target.

Portfolio Pulse from richadhand@benzinga.com

August 23, 2023 | 10:57 am