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BLIN

CHRD

DIT

PROF

RETO

Chord Energy Corporation (CHRD) announced leadership changes with Susan Cunningham as Independent Chair and Darrin Henke as EVP and COO, effective in 2024. Bridgeline Digital (BLIN) reported a narrower Q4 loss but missed sales estimates. Profound Medical (PROF) priced a public offering at $7.50 per share. ReTo Eco-Solutions (RETO) reported a significant loss and revenue decline for the six months ended June 30, 2023. AMCON Distributing Company (DIT) declared a special cash dividend.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 9:24 am

IOVA

Despite a decline in the CNN Money Fear and Greed index, U.S. stocks closed higher with the Dow Jones reaching a new high. The S&P 500 was near its record close, while the Manufacturing Activity Index and Service Sector Activity's revenues index in the Richmond area showed a decrease. Iovance Biotherapeutics' shares dropped 19% after an update on their clinical program. Most S&P 500 sectors saw gains, except for energy and communication services. The Dow and S&P 500 are expected to end the year with significant gains.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 9:16 am

UUP

Economist Peter Schiff warns that the U.S. dollar is at risk of losing its safe-haven appeal as the Swiss franc is set to record its biggest annual gain since 2010. The Dollar Index has fallen about 3% this year due to expectations of Federal Reserve rate cuts. Schiff predicts the franc will hit a record high against the dollar in early 2024, indicating the dollar's waning status. The Invesco DB US Dollar Index Bullish Fund (UUP) reflects this trend, closing down 0.52% recently.

Portfolio Pulse from Shanthi Rexaline

December 28, 2023 | 9:08 am

Aurora Mobile has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share, as per a notification letter from the Nasdaq Stock Market dated December 27, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 9:02 am

AORT

TCMD

Sen. Tina Smith's investment in Tactile Systems Technology (TCMD) has yielded a 48% return in two months. Smith, who sits on Senate health committees, bought $250,000 worth of TCMD during a downturn. The company, based in her home state, has secured government contracts. Smith also invested in Artivion (AORT) with profitable results. This raises concerns about Congressional stock trading and supports the 'Ban Congressional Stock Trading Act'.

Portfolio Pulse from Navdeep Yadav

December 28, 2023 | 8:16 am

CVNA

SLNO

Soleno Therapeutics Inc (SLNO) and Carvana Co (CVNA) have outperformed major tech stocks like Nvidia, Apple, and Microsoft in 2023, with returns of over 1000%. Soleno's stock soared by over 1900% due to positive results for its Prader-Willi syndrome treatment, while Carvana's shares jumped by 1030% after a significant turnaround. Despite these gains, the overall stock market has been characterized as the 'weirdest bull market in decades' with the S&P 500 and Dow Jones at near record highs.

Portfolio Pulse from Benzinga Neuro

December 28, 2023 | 8:12 am

ADAUSD

BTCUSD

DOTUSD

ETHUSD

KSMUSD

Cardano (ADA) has surged 8% outperforming Bitcoin (BTC) and Ethereum (ETH), with ADA trading at $0.64. Santiment reported Cardano as the top coin by development activity, surpassing Polkadot (DOT) and Kusama (KSM). Analyst Ali Martinez suggests a breakout above $0.63 could lead ADA to rally toward $0.78.

Portfolio Pulse from Mehab Qureshi

December 28, 2023 | 7:12 am

NEO

NTRA

Natera has secured a preliminary injunction in its patent infringement lawsuit against NeoGenomics, which prevents NeoGenomics from making, using, selling, or promoting its RaDaR MRD assay in the U.S., with some exceptions.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 7:02 am

AIB

PSI Group, a global logistics service provider, is set to list on the Nasdaq Stock Market through a merger with AIB Acquisition. Upon completion, both AIB and PSI will be subsidiaries of a new entity, PS International Group Ltd. ('Pubco'), which will be publicly traded.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 6:52 am

iHuman Inc. (NYSE:IH) reported a 27.27% increase in Q3 EPS to $0.14, up from $0.11 YoY, and a 1.25% increase in sales to $35.80M, up from $35.36M YoY.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 6:47 am