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RYAM

Rayonier Advanced Materials Inc. (RYAM) has resumed full production at its Jesup, Georgia facility ahead of schedule after an isolated fire on October 11. All production lines are now operating at full capacity.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 2:37 pm

GOOGL

Alphabet's self-driving unit, Waymo, has closed a $5.6 billion funding round to expand its robotaxi service across the U.S. This funding will support Waymo's expansion in cities like Los Angeles, San Francisco, Phoenix, Austin, and Atlanta, and further develop its autonomous technology. Alphabet, Waymo's parent company, has committed up to $5 billion in a multiyear investment to support this growth.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 2:35 pm

GIFT

RDE, Inc. (NASDAQ:GIFT) is rebranding to Giftify, Inc., effective October 28, 2024. The rebranding reflects the company's evolution to offer broader incentive-based solutions beyond its traditional offerings.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 2:31 pm

MSFT

Microsoft is set to release its Q1 earnings on Oct. 30, with a focus on AI and cloud services. Analysts predict earnings per share of $3.09 and revenue of $64.48 billion. The company's stock has shown bullish momentum, but investors are concerned about high capital expenditures. Microsoft's AI and cloud investments are crucial for future growth, but near-term profitability remains uncertain.

Portfolio Pulse from Surbhi Jain

October 25, 2024 | 2:01 pm

NTLA

Intellia Therapeutics (NASDAQ:NTLA) has received mixed analyst ratings over the past three months, with a decrease in the average 12-month price target from $62.17 to $53.43. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Intellia is a gene editing company focused on Crispr/Cas9-based therapeutics, facing challenges with a -48.82% revenue growth decline and a high net margin of -2112.62%.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 2:00 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL) has received USDA grants to support organic certification, boosting its stock price by 17.3%. The funding will aid in R&D for new organic products, aligning with the company's sustainable mission. Edible Garden also expanded its partnership with Walmart.

Portfolio Pulse from Lekha Gupta

October 25, 2024 | 1:56 pm

PBM

Psyence Biomedical's shares are rising following the announcement of a new trial site in Australia for their Phase IIb clinical trial on psilocybin for Adjustment Disorder in Palliative Care.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:48 pm

PBM

Psyence Biomedical has announced the recruitment of a second clinical trial site, Empax Center, for its ongoing Phase IIb trial of psilocybin for adjustment disorder in palliative care. The company plans to start recruitment this quarter and release topline data in the second half of 2025.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:47 pm

DELL

Significant options activity has been observed for Dell Technologies (NYSE:DELL), with a mix of bullish and bearish sentiment among investors. The options activity suggests a potential price movement between $100 and $135. Dell's stock is currently trading at $122.61, with a slight increase of 1.69%.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 1:46 pm

AAPL

NVDA

SMH

SOXX

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) achieved better-than-expected production yields at its Arizona plant, surpassing its Taiwan facilities. This development is significant amid U.S.-China tensions and TSMC's pursuit of U.S. government support for further expansion. TSMC's stock has risen 126% over the past year. Nvidia acknowledged TSMC's role in resolving a chip flaw, and analysts predict strong revenue growth for TSMC in the coming years. Investors can gain exposure to the semiconductor sector through ETFs like VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX).

Portfolio Pulse from Anusuya Lahiri

October 25, 2024 | 1:42 pm