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FAMI

Farmmi, Inc. has successfully shipped a high-volume repeat order of its agricultural products to a customer in Chile. This marks another achievement for the company in expanding its global footprint and demonstrates the customer's satisfaction and continued trust in Farmmi's products.

Portfolio Pulse from Bill Haddad

November 27, 2023 | 2:16 pm

RDHL

RedHill Biopharma Ltd's stock (NASDAQ:RDHL) surged over 100% after the FDA granted five years' market exclusivity for its gastrointestinal drug Talicia under the GAIN Act QIDP designation. Talicia, a treatment for H. pylori infection, also received approval for a more flexible dosing regimen. The drug is protected by intellectual property until 2034, adding to its three years' exclusivity for FDA approval under section 505(b)(2).

Portfolio Pulse from Vandana Singh

November 27, 2023 | 2:15 pm

CRNC

Cerence Inc. reported mixed financial results for Q4, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 2:14 pm

TSLA

Tesla, Inc (NASDAQ:TSLA) may face a ban on selling its 'full self-driving' technology in the UK as the Department for Transport plans to introduce new laws. These laws will prevent the use of terms like 'self-drive' unless vehicles meet strict standards. The Automated Vehicles Bill, expected by 2024, aims to regulate marketing to avoid misleading consumers. Tesla's 'full self-driving' feature, which requires driver monitoring, is unlikely to meet these criteria. The company has been selling this feature globally, but it's only active in North America. Tesla has been promoting 'Full Self-Driving Capability' since 2016 and charges for it in the UK, despite it not being activated. Tesla is preparing to launch its self-driving systems in the UK and Europe but faces legal challenges. In the US, Tesla's Autopilot and Full Self-Driving systems have been under investigation due to accidents. TSLA shares were up 0.34% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 27, 2023 | 2:10 pm

CRON

Cronos Group Inc. (CRON) has sold its Peace Naturals Campus to Future Farmco Canada Inc. for CA$23 million. The sale includes a leaseback agreement for continued operations at the campus, with a five-year term and an option for renewal. Cronos aims to improve its gross margin profile and reduce costs through this deal, which is expected to strengthen its balance sheet and support organic growth without disrupting current operations. The transaction is subject to conditions and approvals, including from Health Canada. CRON shares dropped slightly in pre-market trading.

Portfolio Pulse from Jelena Martinovic

November 27, 2023 | 2:06 pm

LEV

Lion Electric has announced a 10% reduction in its workforce. This move is part of a broader effort to streamline operations and reduce costs amid a challenging economic environment. The company is taking this step to improve its financial position and ensure long-term sustainability. Investors should note that such workforce reductions can lead to short-term cost savings but may also impact the company's ability to grow and execute in the long term.

Portfolio Pulse from Bill Haddad

November 27, 2023 | 2:05 pm

SB

Safe Bulkers, Inc. has announced the sale of a 2015-built Kamsarmax class dry-bulk vessel for a gross sale price of $26.6 million.

Portfolio Pulse from Bill Haddad

November 27, 2023 | 2:01 pm

CAN

Canaan Inc. (NASDAQ:CAN) is scheduled to release its quarterly earnings report on Tuesday, 2023-11-28. Analysts predict an EPS of $-0.26. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Canaan's stock price has been sensitive to earnings performance and guidance. Last quarter, Canaan missed EPS estimates by $0.47, resulting in a 5.63% share price drop the following day. Over the past year, Canaan's shares have declined by 29.58%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 2:01 pm

CHTR

Charter Communications (NASDAQ:CHTR) has delivered an average annual return of 10.93% over the past 10 years, outperforming the market by 1.21% on an annualized basis. A $1000 investment in CHTR stock a decade ago would be worth $2,750.14 today. The company's current market capitalization stands at $59.71 billion.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 2:01 pm

AAPL

Over the past 15 years, Apple Inc. (AAPL) has significantly outperformed the market, providing an average annual return of 31.0%. A $100 investment in AAPL 15 years ago would be worth $5,972.16 today. Apple's market capitalization currently stands at $2.95 trillion.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 2:00 pm