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SPY

Janet Yellen, the US Treasury Secretary, has stated that she sees no market 'dysfunction' from the recent U.S. bond rout. This statement comes amidst concerns about rising bond yields and their potential impact on the stock market.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:10 pm

NGMS

RSI

NeoGames S.A. (NASDAQ:NGMS) announced that its subsidiary Pariplay has entered Pennsylvania for the first time with Rush Street Interactive (NYSE:RSI). Pariplay's content went live on RSI brands BetRivers and PlaySugarHouse in Pennsylvania on September 29, 2023. This marks the fifth US state entered by Pariplay, which offers over 14,000 games from 120+ suppliers.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:07 pm

ANAB

Trading of AnaptysBio, Inc. shares is set to resume at 8:30 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:03 pm

ELOX

Eloxx Pharmaceuticals, Inc. (NASDAQ:ELOX) reported positive biopsy results from a Phase 2 clinical trial of ELX-02 for the treatment of Nonsense Mutation Alport syndrome patients. The results, assessed by NIPOKA GmbH, confirm that ELX-02 treatment improved podocyte foot process morphology with lower effacement in all three patients at the end of the 8-week study period.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:02 pm

BLD

EME

FLR

PWR

RIVN

STRL

Mentions of 're-shoring', 'near-shoring', and 'on-shoring' have increased by 216% YoY since the start of 2022, indicating a trend of relocating manufacturing back to home countries. This has led to $516 billion in private company investments since President Joe Biden's inauguration. Companies like Sterling Infrastructure, Quanta Services Inc., TopBuild Corp., Emcor Group Inc., and Fluor Corp. have seen substantial rallies. International firms like Hyundai Motor Co. and Rivian Automotive Inc. are also bolstering U.S.-based manufacturing.

Portfolio Pulse from Benzinga Neuro

October 09, 2023 | 12:02 pm

APLD

Applied Digital (NASDAQ:APLD) reported Q1 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.02) by 150 percent. This is a 125 percent increase over losses of $(0.04) per share from the same period last year. The company also reported quarterly sales of $36.30 million, beating the analyst consensus estimate of $34.58 million by 4.97 percent. This is a 424.26 percent increase over sales of $6.92 million the same period last year.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:02 pm

TNYA

Tenaya Therapeutics (NASDAQ:TNYA) has received positive analyst ratings in the last quarter, with 4 bullish and 1 somewhat bullish ratings. The company's average price target has increased by 16.13% from the previous average of $15.50 to $18.00.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 12:00 pm

RCL

Over the last quarter, Royal Caribbean Gr (NYSE:RCL) has received 2 bullish, 6 somewhat bullish, and 3 indifferent ratings from analysts. The average 12-month price target for the company has increased by 13.25% from the previous average, now standing at $120.55.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 12:00 pm

ZS

Zscaler (NASDAQ:ZS) has received predominantly bullish ratings from analysts in the last quarter, with no bearish ratings. The average 12-month price target for Zscaler has increased by 13.91% from the previous average, now standing at $182.59.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 12:00 pm

ONON

On Holding (NYSE:ONON) has received 14 analyst ratings in the last quarter, with 2 being bullish and 12 somewhat bullish. The average 12-month price target for the company is $37.43, an increase of 1.16% from the previous average of $37.00.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 12:00 pm