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KSCP

Knightscope, Inc. (NASDAQ:KSCP) has announced a security robot contract renewal in Texas and a robot upgrade for a California hospital, highlighting its continued growth in robotics and AI technologies for public safety.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:05 pm

DRI

FDS

NVDA

QQQ

SOXX

SPY

TSLA

USO

Wall Street saw record highs as the Federal Reserve cut interest rates by 50 basis points. Tesla and NVIDIA led a tech rally, with Tesla hitting a two-month high. The iShares Semiconductor ETF erased September losses, and commodities and cryptocurrencies also rose.

Portfolio Pulse from Piero Cingari

September 19, 2024 | 4:51 pm

HIMS

NVO

Hims & Hers Health, Inc. (NYSE:HIMS) has launched a Service Appreciation Initiative offering compounded GLP-1 weight loss medications for $99/month to certain professional personnel. This move could impact the market for weight loss drugs, including those by Novo Nordisk A/S (NYSE:NVO), which are priced significantly higher.

Portfolio Pulse from Vandana Singh

September 19, 2024 | 4:50 pm

IWM

The Federal Reserve's pro-growth stance, characterized by rate cuts, is expected to boost U.S. small-cap stocks, according to Sean Gallagher of Lazard. The iShares Russell 2000 ETF (IWM) saw a volatile reaction to a recent rate cut but is projected to have significant upside. Gallagher anticipates further rate cuts, which could benefit small caps and the biotech sector.

Portfolio Pulse from Piero Cingari

September 19, 2024 | 4:45 pm

Back Market and Visible by Verizon have announced a partnership offering an exclusive $20/month Visible plan for smartphones purchased on Back Market. This collaboration aims to provide affordable, high-quality refurbished tech with sustainable practices, leveraging Verizon's network.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:44 pm

BELT

IYG

Mastercard and Safaricom have partnered to enhance cross-border payments and merchant growth in Kenya, leveraging M-PESA's network and Mastercard's infrastructure. Despite this positive development, Mastercard's stock is trading slightly lower.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 4:40 pm

THTX

Theratechnologies Inc. (NASDAQ:THTX) warns of a potential supply disruption for its drug Egrifta SV due to a manufacturing facility shutdown. This could lead to a $1.6 million revenue shortfall in 2024. The company is working with the FDA and its manufacturer to minimize impact.

Portfolio Pulse from Vandana Singh

September 19, 2024 | 4:38 pm

AAPL

AMZN

GOOGL

META

The European Commission has initiated proceedings against Apple to ensure interoperability of its iPhone and iPad systems with third-party developers, under the Digital Markets Act. This move is part of broader regulatory scrutiny on Big Tech companies, including Apple, Google, Meta, and Amazon, for anti-competitive practices.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 4:29 pm

GLW

LUMN

OCFS

TINT

Corning Incorporated (NYSE:GLW) shares rise as the company updates its 'Springboard' plan, aiming for $3 billion in additional sales and a 20% operating margin by 2026. The plan includes price hikes and AI product launches, boosting its Optical Communications division. Corning's products support Lumen Technologies' network expansion. Investors can access Corning through ETFs like ProShares Smart Materials ETF (NYSE:TINT) and Professionally Managed Portfolios Otter Creek Focus Strategy ETF (NYSE:OCFS).

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 4:26 pm

ELAN

Elanco Animal Health has received FDA approval for Zenrelia, a new treatment for pruritus and atopic dermatitis in dogs. This approval could enhance Elanco's product portfolio and potentially boost its market position in the animal health sector.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:26 pm