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IBM

IBM has launched 'IBM Quantum Heron,' a new utility-scale quantum processor, and unveiled IBM Quantum System Two, a modular quantum computer. The company has also expanded its Quantum Development Roadmap to 2033 and released Qiskit 1.0, an open-source quantum programming software. IBM shares are trading higher by 0.50% at $161.35.

Portfolio Pulse from Lekha Gupta

December 04, 2023 | 5:34 pm

GAIA

Gaia, Inc. (NASDAQ:GAIA) has appointed James Colquhoun as CEO, who will oversee the company's growth and operations. Colquhoun, previously Gaia's COO and FMTV's CEO before its acquisition by Gaia, brings digital marketing and brand building expertise. Gaia also launched a new AI-powered search engine for its media library, enhancing content discovery and recommendations for its members.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:34 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) stock is trading lower amid a broader tech sector sell-off, with trading volume nearing the 100-day average. Jim Cramer recently expressed a positive view on the company, and Gene Munster highlighted it as undervalued with potential in artificial intelligence. PLTR is currently trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 04, 2023 | 5:32 pm

BTCS

CCSI

FOXO

MIGI

MLGO

MMAT

RBT

SSNT

VIAO

WETG

WISA

During Monday's intraday session, several information technology stocks experienced significant movements. SilverSun Technologies (SSNT) saw a substantial increase of 196.4%, while Meta Materials (MMAT) faced a sharp decline of 31.7%. Other notable gainers include Mawson Infra Gr (MIGI), WiSA Technologies (WISA), BTCS (BTCS), WeTrade Group (WETG), and Consensus Cloud Solutions (CCSI). On the losing side, FOXO Technologies (FOXO), VIA optronics (VIAO), MicroAlgo (MLGO), and Rubicon Technologies (RBT) saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:31 pm

BODY

CVNA

HCDI

JOAN

MNSO

NEGG

PRPL

UCAR

VLCN

VMAR

ZCMD

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. JOANN (JOAN) saw a 42.3% increase after its Q3 earnings report. PARTS iD (ID), Purple Innovation (PRPL), ZHONGCHAO (ZCMD), Beachbody Co (BODY), and Carvana (CVNA) also saw gains. Conversely, U Power (UCAR), Vision Marine (VMAR), Volcon (VLCN), Newegg Commerce (NEGG), Harbor Custom Dev (HCDI), and MINISO Group Holding (MNSO) faced declines.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:31 pm

ALT

ATHE

BCAB

EYPT

NEXI

VVOS

During Monday's intraday session, several healthcare stocks experienced significant movements. EyePoint Pharmaceuticals (EYPT) saw a substantial increase of 172.8%, while Alterity Therapeutics (ATHE) and Altimmune (ALT) also had notable gains. Conversely, NexImmune (NEXI), BioAtla (BCAB), and Vivos Therapeutics (VVOS) were among the stocks that declined.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:31 pm

MSS

Maison Solutions, presumably with the ticker MSS, has resumed trading. The article does not provide additional context such as the reason for the trading halt or the company's performance.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:30 pm

ALK

AUVIP

BGLC

LUNR

MESA

NXU

PIXY

POLA

SPCE

VIEW

XOS

During Monday's intraday session, several industrial stocks experienced significant movements. Hawaiian Holdings (HA) saw a substantial increase of 187.2%, while View (VIEW) and Nxu (NXU) also saw notable gains. Mesa Air Group (MESA), Polar Power (POLA), and Intuitive Machines (LUNR) shares moved upwards as well. Conversely, BioNexus Gene Lab (BGLC), Applied UV (AUVIP), Alaska Air Group (ALK), Virgin Galactic Holdings (SPCE), ShiftPixy (PIXY), and Xos (XOS) experienced declines during the session.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

CBSTF

MSOS

SHWZ

TCNNF

The Viridian Chart of the Week analyzes the potential impact of a DEA announcement on the top 15 Multi-State Operators (MSOs) in the cannabis industry. The MSOS ETF has seen a significant increase since the HHS rescheduling announcement but has dropped from its peak. Stocks like SHWZ and CBSTF have declined since the HHS announcement, suggesting less downside risk from negative DEA news. Conversely, stocks like AYR Wellness have seen substantial gains, indicating higher risk. The chart also considers the upside potential if the DEA ratifies Schedule 3, with stocks like TCNNF and Cannabist potentially seeing significant gains. Viridian suggests that gains could be even higher, referencing past price levels after the SAFE Act and Schumer/Booker proposal.

Portfolio Pulse from Viridian Capital Advisors

December 04, 2023 | 5:30 pm

DEO

Diageo's (NYSE:DEO) short interest has decreased by 6.9% since the last report, with 1.52 million shares sold short, representing 0.27% of available shares. The average time to cover these short positions is 1.7 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Diageo's short interest is below its peer group average of 4.28%. Short interest levels can be a market sentiment indicator, and changes in short interest can have implications for stock performance.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm