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GDX

GOLD

SGDM

Barrick Gold Corporation reported stable gold output for Q3 and anticipates a stronger Q4. The company produced 943,000 ounces of gold and 48,000 tonnes of copper, with sales slightly higher. Despite stable production, costs are expected to rise slightly. Barrick aims to meet its full-year production guidance for 2024. Investors can access Barrick's stock through ETFs like Sprott Gold Miners ETF and VanEck Gold Miners ETF.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 6:01 pm

TNXP

Tonix Pharmaceuticals shares rose after the company submitted an NDA for TNX-102 SL to the FDA for fibromyalgia treatment. The drug showed significant pain reduction in Phase 3 studies and received fast-track designation.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:00 pm

INTC

Micron Technology's stock is trading higher due to a rebound in the chip sector and the unveiling of its new DDR5 memory portfolio, which is designed for AI PCs. The DDR5 memory offers improved speed and stability, and has been validated for use with Intel's Core Ultra processors.

Portfolio Pulse from Dylan Berman

October 16, 2024 | 6:00 pm

BlackBerry Ltd has projected its FY25 cybersecurity revenue to be between $350M and $365M, expects break-even results, and is exploring strategic options for its Cylance business.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:53 pm

BAC

IWM

JPM

KRE

SCHW

WFC

The Russell 2000 Index is nearing a technical breakout, potentially outperforming the S&P 500. Strong economic data and lower interest rates are boosting small-cap stocks, with the banking sector playing a key role. Major banks reported strong earnings, positively impacting regional banks within the Russell 2000.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 5:53 pm

AMZN

DIS

NFLX

Amazon Prime Video India will introduce ads in 2025 to support content investments, intensifying competition with Reliance and Disney+. Prime members can opt for an ad-free version. This move aligns with strategies from Netflix and Disney+.

Portfolio Pulse from Anusuya Lahiri

October 16, 2024 | 5:44 pm

ABT

CAPR

DXCM

EWTX

GPCR

HUM

MOH

SAVA

SMMT

VKTX

The article highlights unusual options activity in the healthcare sector, focusing on trades involving companies like ABT, DXCM, MOH, CAPR, EWTX, SAVA, SMMT, VKTX, GPCR, and HUM. These trades, tracked by Benzinga's options activity scanner, indicate potential trading opportunities based on the sentiment and volume of options traded.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:35 pm

CBRL

CVNA

CZR

DAN

EDU

SABR

SBUX

TSLA

The article highlights unusual options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include TSLA with bearish sentiment, DAN with bullish sentiment, and SBUX with bullish sentiment on a put option.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 5:35 pm

BlackBerry Limited shares are rising after the company announced profitability details for its IoT and Cybersecurity divisions, and strategic options for its Cylance business. BlackBerry projects FY25 cyber revenues between $350 million and $365 million, and expects to return to positive cash flow in the fourth quarter. The company has also achieved $100 million in cost reductions in the Cyber division over the last year.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 5:35 pm

LNZA

LanzaTech Global, Inc. (NASDAQ:LNZA) shares surged after receiving a $3 million award from the U.S. Department of Energy for its Project ADAPT, which aims to convert CO2 into valuable products. This aligns with U.S. carbon management goals.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 5:27 pm