Streetbeat News

Stock Prices

PKTX

RCG

SVVC

Insiders have recently bought shares in ProtoKinetix, Incorporated (PKTX), Firsthand Technology Value Fund, Inc. (SVVC), and RENN Fund, Inc. (RCG). ProtoKinetix's CFO acquired 20,000 shares, while Firsthand Technology Value Fund's 10% owner bought 49,805 shares and RENN Fund's President and CEO purchased 413 shares. ProtoKinetix's stock has lost around 53% over the past month, Firsthand Technology Value Fund announced plans to seek stockholder approval to withdraw BDC election and pursue liquidation, and RENN Fund shares lost around 4% year-to-date.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:58 pm

KALU

SMG

Three materials stocks with over 4% dividend yields have been highlighted by Wall Street's most accurate analysts. These include The Scotts Miracle-Gro Company (SMG) with a dividend yield of 5.87%, The Chemours Company (CC) with a dividend yield of 4.24%, and Kaiser Aluminum Corporation (KALU) with a dividend yield of 5.67%. Recent news for these companies include executive team reorganization for SMG, weaker-than-expected Q3 results for CC, and downbeat Q3 sales for KALU.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:58 pm

JEPQ

MSFT

VFC

XHB

On CNBC's 'Halftime Report Final Trades', Bryn Talkington recommended JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Kevin Simpson highlighted Microsoft's (MSFT) strong Q1 results, and Jenny Harrington picked V.F. Corporation (VFC) ahead of its earnings report. Stephen Weiss is short on SPDR S&P Homebuilders ETF (XHB).

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:54 pm

AUVI

Applied UV has been granted new patents by the USPTO and has entered into a strategic partnership with Canon Virginia. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:50 pm

BABA

BIDU

TCEHY

Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher on Monday despite intensifying domestic competition in artificial intelligence and e-commerce amid the economic slowdown. Alibaba Chairman Joe Tsai highlighted the potential of the Asian region and the need for businesses from both the U.S. and China to communicate to prevent misunderstanding. Tencent Holding Ltd (OTC:TCEHY) consolidated its position in AI by integrating its AI model into scores of products and services after Alibaba and Baidu, Inc (NASDAQ:BIDU).

Portfolio Pulse from Anusuya Lahiri

October 30, 2023 | 12:50 pm

DAWN

DCPH

VYNE

Deciphera Pharma (DCPH) shares are up after its study of patients with TGCT met primary and secondary endpoints. Day One Biopharmaceuticals (DAWN) shares rose after the FDA accepted its NDA for tovorafenib in relapsed or progressive pediatric low-grade glioma, granted priority review and assigned a PDUFA date of April 30, 2024. VYNE Therapeutics (VYNE) shares increased after announcing a private placement of $88 million and data from its Phase 1b trial evaluating once-daily dosing of VYN201 in patients with nonsegmental vitiligo.

Portfolio Pulse from ryanfaloona@benzinga.com

October 30, 2023 | 12:50 pm

ALZN

Alzamend Neuro has announced a reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:49 pm

VYNE

VYNE Therapeutics announced a private placement of $88 million and data from its Phase 1b trial evaluating once-daily dosing of VYN201 in patients with nonsegmental vitiligo. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:48 pm

SNBR

Blue Clay Capital, long-term shareholders of Sleep Number Corporation (NASDAQ:SNBR), have sent a letter to the company's board urging them to immediately elect three Stadium Capital board representatives. They cite poor management decisions, ineffective strategic decisions, and a lack of accountability as reasons for Sleep Number's 46% decline since 2015, compared to a 161% gain for Tempur-Pedic and 125% gain for the S&P 500. They also express concerns about misallocation of capital and resources, untimely stock repurchases, and excessive executive compensation.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:47 pm

BTCUSD

MARA

Marathon Digital Holdings Inc's shares are trading higher alongside the price of Bitcoin. The rise in Bitcoin's price is due to continued momentum sparked by spot ETF optimism, which is expected to increase demand and liquidity in the crypto space. BlackRock and other financial firms have made changes to their submissions for spot Bitcoin ETFs, and JPMorgan expects the SEC to approve a spot ETF within the next few months. Marathon Digital, a Bitcoin miner, is set to report its Q3 financial results on Nov. 8.

Portfolio Pulse from Adam Eckert

October 30, 2023 | 12:46 pm