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CPTN

Cepton, Inc. (CPTN) and its partner Koito Manufacturing were previously selected as the sole lidar providers for a significant ADAS program through 2027. However, Koito has informed Cepton that the OEM has rescoped its ADAS offerings, leading to the cancellation of all outstanding purchase orders related to the series production award. Cepton plans to seek recovery of project investment costs and continues to work with the OEM on next-generation ADAS offerings. The collaboration with Koito and engagement with other OEMs is expected to continue.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:42 pm

NRSN

NeuroSense Therapeutics' stock is trading higher following the release of positive efficacy data from a Phase 2b trial of their lead drug candidate, PrimeC, for amyotrophic lateral sclerosis.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:41 pm

DEO

Diageo Plc (NYSE:DEO) has seen its stock price fluctuate between a 52-week high of $191.93 and a low of $135.63. The company pays dividends semi-annually at a rate of 2.77%. The article provides a guide on how much to invest in DEO shares to earn a specific monthly dividend income, using the current dividend yield to calculate the required investment. It also explains how dividend yield is affected by changes in stock price and dividend payments.

Portfolio Pulse from judithnwadigo@gmail.com

December 14, 2023 | 5:40 pm

ACGL

BHFAN

BRO

CCG

CRD

HALL

MMC

MRAI

SKWD

TRUP

WDH

Insurance stocks experienced significant movement in Thursday's intraday session. Gainers included Trupanion (TRUP), Cheche Group (CCG), Hallmark Financial Services (HALL), Brighthouse Financial (BHFAN), Marpai (MRAI), and Crawford (CRD), with increases ranging from 4.52% to 8.52%. Losers were Everest Group (EG), Brown & Brown (BRO), Waterdrop (WDH), Marsh & McLennan (MMC), Arch Capital Group (ACGL), and Skyward Specialty (SKWD), with declines between 5.02% and 6.55%. The volume of shares traded for all companies was reported to be 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 5:40 pm

FNV

GATO

GFI

NEM

SBSW

Precious metals companies' stocks are up as the US dollar weakens after the Federal Reserve decided to maintain interest rates.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:39 pm

SNES

SenesTech shares have risen following the announcement of receiving 'substantial orders' for its EVOLVE Soft Bait product, indicating strong market demand and potential revenue growth.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:38 pm

WLK

Westlake's stock (WLK) is trading higher following UBS's decision to maintain a Neutral rating but increase the price target from $127 to $139.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 5:32 pm

ADBE

Adobe Inc (NASDAQ:ADBE) shares fell despite reporting upbeat fiscal Q4 results, as guidance for the next quarter and fiscal 2024 was below consensus estimates. Analysts from Stifel, Piper Sandler, Mizuho Securities, RBC Capital Markets, and JMP Securities remain optimistic, citing Adobe's strong positioning in AI and digital transformation. Price targets were raised or reaffirmed, reflecting confidence in Adobe's long-term prospects despite short-term guidance concerns.

Portfolio Pulse from Priya Nigam

December 14, 2023 | 5:32 pm

BFX

BTBD

CPHC

CSCW

CVNA

GMBL

GOTU

JWEL

LANV

MYND

RGS

VMAR

In Thursday's intraday session, several consumer discretionary stocks experienced significant movements. Canterbury Park Holding (CPHC), Gaotu Techedu (GOTU), Esports Entertainment (GMBL), Color Star Tech (CSCW), Carvana (CVNA), and BowFlex (BFX) were among the gainers, with increases ranging from 16.7% to 32.4%. Conversely, Mynd.ai (MYND), Vision Marine (VMAR), Jowell Global (JWEL), Regis (RGS), BT Brands (BTBD), and Lanvin Group Holdings (LANV) were the losers, with stock price declines ranging from 10.78% to 26.5%.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 5:32 pm

APLS

CDXS

IMMX

RPHM

TLSI

In Thursday's intraday session, several healthcare stocks experienced significant movements. TriSalus Life Sciences (TLSI) led the gainers with a 38.3% increase, while Reneo Pharmaceuticals (RPHM) saw the largest decline, dropping 81.9%. Other notable movers included Immix Biopharma (IMMX), Codexis (CDXS), and Apellis Pharmaceuticals (APLS) among others, with varying impacts on their market capitalization.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 5:32 pm