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VRNS

Morgan Stanley analyst Hamza Fodderwala has maintained an Overweight rating on Varonis Systems (NASDAQ:VRNS) and increased the price target from $42 to $45.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:40 pm

BABA

Alibaba Group Holding's cloud computing arm, Alibaba Cloud, apologized for a service outage that disrupted its Taobao platform and other applications on Sunday. This is the second major system failure in less than a year. Despite the outage, Alibaba aims to go public by May 2024 and reported a 4% revenue growth in the June quarter. The outage affected popular apps like DingTalk, Xianyu, and Taobao, but services were restored by 9.11 pm. Alibaba Cloud is crucial for China's tech industry, supporting 80% of tech companies and half of the large AI model firms. Alibaba's stock (BABA) was up 0.89% at $83 on Tuesday.

Portfolio Pulse from Anusuya Lahiri

November 14, 2023 | 2:39 pm

ATOMUSD

BTCUSD

ETHUSD

Bitcoin and Ethereum experienced declines following the release of CPI data, with Bitcoin trading below $37,000 and Ethereum above $2,000. Cosmos was the top loser among cryptocurrencies, while Bitget Token led the gainers. The U.S. annual inflation rate decreased to 3.2% in October, lower than the expected 3.3%. The global crypto market cap dropped by 1.6% to $1.39 trillion. Other notable crypto gainers and losers were also listed, with their respective price changes over the past 24 hours.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 2:38 pm

SNCY

Morgan Stanley analyst Ravi Shanker has maintained an Equal-Weight rating on Sun Country Airlines (SNCY) but has reduced the price target from $25 to $23.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:37 pm

AUVI

Applied UV, Inc. has announced the pricing of an upsized underwritten public offering, aiming to raise $6.4 million through the sale of 42,666,666 units at $0.15 per unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:37 pm

MGTX

MeiraGTx Holdings (NASDAQ:MGTX) reported Q3 earnings with an EPS of $-0.74, missing estimates by 34.55% against the expected $-0.55. Revenue increased by $287 thousand compared to the same period last year. In the previous quarter, the company had beaten EPS estimates which led to a 1.17% rise in share price the following day.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 2:35 pm

ACRS

HC Wainwright & Co. analyst Raghuram Selvaraju has maintained a Buy rating on Aclaris Therapeutics (NASDAQ:ACRS) but has significantly lowered the price target from $43 to $9.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:32 pm

ALL

Allstate (NYSE:ALL) has delivered an average annual return of 13.24% over the past 15 years, outperforming the market. A $1000 investment in Allstate 15 years ago would be worth $5,140 today. The company's current market capitalization stands at $33.63 billion.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 2:30 pm

NPCE

Morgan Stanley analyst Drew Ranieri has maintained an Equal-Weight rating on NeuroPace (NASDAQ:NPCE) and increased the price target from $6 to $8.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:30 pm

RNXT

RenovoRx (NASDAQ:RNXT) reported Q3 earnings with an EPS of $-0.13, beating estimates by 56.67% but with no change in revenue from the same period last year. The previous quarter's EPS beat was followed by a 6.52% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 2:30 pm