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AMD

AMD (NASDAQ:AMD) announced the new Radeon PRO W7700 workstation graphics card, designed for professional content creation, CAD, and AI applications. Priced under $1,000, it offers high performance and reliability. The card features 16GB VRAM, supports DisplayPort 2.1, and has AI accelerators for AI workloads. It outperforms competitors in key applications like SOLIDWORKS and CATIA. The Radeon PRO W7700 will be available on November 13, 2023, with an SEP of $999 USD.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 2:12 pm

GCTK

Glucotrack, Inc. (NASDAQ:GCTK) has announced a strategic shift from non-invasive point-in-time glucose monitoring to continuous glucose monitoring (CGM) technology. The company's CEO, Paul V. Goode, PhD, provided a shareholder update letter highlighting the change due to new clinical guidelines and market trends favoring CGM over traditional blood glucose monitoring (BGM). The company has made progress in developing an implantable CGM with a two-year sensor life and is preparing for long-term preclinical studies. Glucotrack is also exploring acquisitions and strategic collaborations to expand its portfolio.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 2:12 pm

VYX

Charles Nabhan, an analyst at Stephens & Co., has maintained an Overweight rating on NCR Voyix (NYSE:VYX) but reduced the price target from $35 to $19.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 2:11 pm

OCUP

Ocuphire Pharma (NASDAQ:OCUP) reported Q3 earnings with an EPS of $0.25, surpassing the estimated $-0.22 by 213.64%. Revenue increased by $11.94 million from the same period last year. In the previous quarter, OCUP missed EPS estimates by $0.01, which led to a 1.93% rise in share price the following day.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 2:10 pm

MMAT

Meta Materials (NASDAQ:MMAT) reported Q3 earnings with an EPS of $-0.02, which was in line with estimates. However, revenue decreased by $255 thousand compared to the same period last year. The company's past earnings performance shows a pattern of meeting or missing EPS estimates, with varying revenue figures. The Q2 2023 earnings miss was followed by a slight drop in share price.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 2:10 pm

WMT

Stephens & Co. analyst Ben Bienvenu has maintained an Overweight rating on Walmart (NYSE:WMT) and increased the price target from $185 to $190.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 2:06 pm

AMD

BRCC

CTRA

HHH

PANW

SOFI

TDOC

UBER

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He sees Advanced Micro Devices (AMD) as a 'good hold' and expects Palo Alto Networks (PANW) to report a 'very good quarter.' He advised against buying Teladoc Health (TDOC) due to a crowded market impacting margins. Cramer doesn't find BRC Inc. (BRCC) inexpensive enough and is not interested in Howard Hughes Holdings (HHH) due to its 'break up story.' He recommends buying Uber Technologies (UBER) and prefers Coterra Energy (CTRA) over EQT Corporation (EQT) for its better assets and lower price. Cramer also finds SoFi Technologies (SOFI) 'incredibly inexpensive' after a great quarter.

Portfolio Pulse from Lisa Levin

November 13, 2023 | 2:05 pm

LWAY

Lifeway Foods (NASDAQ:LWAY) reported Q3 earnings with an EPS of $0.23, beating estimates by 43.75% against the expected $0.16. Revenue increased by $2.76 million from the same period last year. The company's stock price had previously risen by 9.07% the day after beating Q2 EPS estimates by $0.15.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 2:05 pm

NEGG

Newegg Commerce Inc. has received a notification from Nasdaq about non-compliance with the minimum bid price requirement. In response, Newegg announced a $10M share repurchase program to buy back shares of its common stock. The repurchase plan is seen as a move to increase shareholder value and potentially boost the stock price to regain compliance with Nasdaq's listing requirements.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 2:04 pm

FREY

Freyr Battery (NYSE:FREY) shares rose after a shareholder letter detailed plans to generate long-term value, including redomiciling from Luxembourg to the U.S., taking minority positions, diversifying technology, and pursuing partnerships. Management and board members plan to buy more FREY stock, signaling confidence in the company's future as a clean battery solutions producer.

Portfolio Pulse from Adam Eckert

November 13, 2023 | 2:03 pm