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The Forbes 400 list of the richest people in America includes several newcomers and four people under the age of 40. The youngest billionaires include Joe Gebbia and Brian Chesky, co-founders of Airbnb Inc (NASDAQ:ABNB), Sanjit Biswas, co-founder and CEO of Samsara Inc (NYSE:IOT), Scott Duncan, who inherited a stake in Enterprise Products Partners (NYSE:EPD), Brian Armstrong, co-founder and CEO of Coinbase Global Inc (NASDAQ:COIN), Mark Zuckerberg, co-founder and CEO of Meta Platforms Inc (NASDAQ:META), Dustin Moskovitz, co-founder of Meta Platforms and Asana Inc (NYSE:ASAN), and Lukas Walton, grandson of Walmart Inc (NYSE:WMT) co-founder Sam Walton. The list also saw the fall of Snap Inc (NYSE:SNAP) co-founders Bobby Murphy and Evan Spiegel, and FTX co-founders Sam Bankman-Fried and Gary Wang.

Portfolio Pulse from Chris Katje

October 04, 2023 | 11:22 pm

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Novavax, Inc. (NASDAQ:NVAX) shares fell over 8% on Wednesday following a surge on Tuesday after the FDA granted Emergency Use Authorization for the company's updated protein-based COVID-19 vaccine for people 12 and older. The FDA also recently approved updated vaccines from Moderna Inc (NASDAQ:MRNA) and the vaccine jointly produced by Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX).

Portfolio Pulse from Ryan Gustafson

October 04, 2023 | 11:22 pm

BlackBerry has announced plans to separate its IoT and Cybersecurity business units, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 9:35 pm

BlackBerry Ltd (NYSE:BB) announced its intent to separate its IoT and Cybersecurity businesses as a part of its strategic review to drive shareholder value. The company plans to pursue an IPO for its IoT business in the first half of the upcoming fiscal year. The separation will allow each business unit to pursue its own strategy and capital allocation policy. BlackBerry shares were up 4.69% after hours at $4.47.

Portfolio Pulse from Adam Eckert

October 04, 2023 | 9:34 pm

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Several consumer discretionary stocks experienced significant movement in Wednesday's after-market session. Notable gainers included Visionary Education Tech (VEDU), Golden Sun Education Gr (GSUN), Red Robin Gourmet Burgers (RRGB), Traeger (COOK), Camping World Holdings (CWH), and Volcon (VLCN). On the other hand, RumbleON (RMBL), Inspirato (ISPO), MGO Global (MGOL), Birks Group (BGI), Beachbody Co (BODY), and Interactive Strength (TRNR) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:32 pm

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In Wednesday's after-market session, several healthcare stocks saw significant movement. Gainers included Acorda Therapeutics (ACOR), Vivos Therapeutics (VVOS), Pasithea Therapeutics (KTTA), Enveric Biosciences (ENVB), 60 Degrees (SXTP), and Esperion Therapeutics (ESPR). Losers included MaxCyte (MXCT), Heart Test Laboratories (HSCS), Senti Biosciences (SNTI), Accolade (ACCD), Elutia (ELUT), and PDS Biotechnology (PDSB).

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:31 pm

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During Wednesday's after-market session, several industrials stocks experienced significant movements. Momentus, Graphex Gr, Sarcos Technology, Molekule Group, Pitney Bowes, and 1847 Holdings saw their stocks increase, while Capstone Green Energy, Resources Connection, Earlyworks Co, Addentax Group, C3is, and Multi Ways Holdings experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:31 pm

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Several information technology stocks experienced significant movement in Wednesday's after-market session. Addvantage Technologies, DatChat, HeartCore Enterprises, Edgio, Quantum Computing, and Powerbridge Technologies saw gains, while Cambium Networks, GSE Systems, Greenidge Generation Hldg, Digital Ally, Ascent Solar Technologies, and Near Intelligence experienced losses.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:31 pm

PAYX

Over the past 10 years, Paychex (NASDAQ:PAYX) has outperformed the market by 1.41% on an annualized basis, producing an average annual return of 11.29%. If an investor had bought $1000 of PAYX stock 10 years ago, it would be worth $2,906.71 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:30 pm

LLY

Eli Lilly (NYSE:LLY) has outperformed the market over the past 5 years by 27.59% on an annualized basis, producing an average annual return of 35.71%. If an investor had bought $100 of LLY stock 5 years ago, it would be worth $460.30 today.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 9:30 pm