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PGY

Pagaya Technologies LTD. (NASDAQ:PGY) announced an upsized $140 million exchangeable senior notes offering, increased from $125 million due to strong demand. The proceeds will be used to repay higher-cost debt and for general corporate purposes. The notes, due 2029, have a 6.125% interest rate and are exchangeable into Pagaya's Class A shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:52 am

NVNO

enVVeno Medical Corporation (NASDAQ:NVNO) announced a $15 million public offering of 4.3 million shares at $3.50 per share. The funds will be used for the development of VenoValve and enVVe products.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:49 am

CUE

Cue Biopharma announced a $12 million public offering, including common stock and pre-funded warrants priced at $0.50 per share. The offering is expected to close by September 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:46 am

V

Former President Donald Trump has accused Nancy Pelosi of insider trading related to her husband Paul Pelosi's sale of Visa Inc. stock before a DOJ lawsuit against Visa. Trump suggests Pelosi had prior knowledge of the lawsuit, although the sale occurred months before the lawsuit announcement. Visa's stock dropped 5.5% following the lawsuit news.

Portfolio Pulse from Kaustubh Bagalkote

September 27, 2024 | 6:30 am

BAC

JPM

SPY

TSLA

Elon Musk's prediction of a market crash similar to 1929 has not materialized, as the S&P 500 has surged nearly 50% since his tweet. Despite initial turmoil from bank failures, the market has shown resilience.

Portfolio Pulse from Kaustubh Bagalkote

September 27, 2024 | 5:20 am

META

Meta Platforms Inc. (NASDAQ:META) is receiving praise for its AI advancements, particularly the Orion showcase. CEO Mark Zuckerberg emphasizes the importance of long-term focus amidst changing market sentiments. Meta's market cap has improved significantly since 2022, and analysts are optimistic about its AI and VR developments.

Portfolio Pulse from Ananya Gairola

September 27, 2024 | 4:54 am

DOGEUSD

Dogecoin (DOGE) surged nearly 9% amid bullish forecasts, breaking out from a multi-month downtrend. Analysts highlight a buy signal from the Super Trend indicator and note the importance of breaking the $0.1434 resistance level. The rally led to increased trading volumes and net outflows from exchanges, indicating a preference to hold DOGE for future gains.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 4:16 am

TSLA

Elon Musk emphasizes the potential of solar energy, suggesting that a small area in Texas or New Mexico could power the entire US. He highlights the efficiency of solar-powered systems like Starlink and Tesla's energy storage solutions, such as the Powerwall 3.

Portfolio Pulse from Benzinga Neuro

September 27, 2024 | 3:50 am

COST

Costco is preparing for potential U.S. port strikes by pre-shipping holiday goods and considering alternative ports. The strikes could disrupt over half of U.S. ocean trade, affecting supply chains and consumer prices. Costco's proactive measures aim to mitigate these impacts.

Portfolio Pulse from Kaustubh Bagalkote

September 27, 2024 | 3:46 am

BTC-USD

Peter Schiff criticized Bitcoin investors for ignoring Bitcoin's underperformance against gold, despite significant media hype and institutional interest. A poll showed most Bitcoin enthusiasts are unconcerned. Schiff's comments come amid rising Bitcoin popularity and discussions on its role as a hedge against economic instability.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 3:24 am