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DIA

QQQ

SPY

USO

On Friday, September 29, U.S. stock markets ended mixed with the S&P 500 and Dow Jones Industrial Average closing lower, while the Nasdaq Composite gained. The PCE price index rose to 3.5% in August 2023, up from 3.4% in July. Asian and Eurozone markets were lower on Monday, while crude oil traded higher. U.S. futures were up in early trading.

Portfolio Pulse from Akanksha Bakshi

October 02, 2023 | 11:19 am

ASAN

FPI

PAGP

Insiders at Plains GP Holdings (PAGP), Farmland Partners (FPI), and Asana (ASAN) have recently made significant stock purchases. Plains GP Holdings' CEO acquired 62,000 shares, despite a recent downgrade by Barclays. Farmland Partners' Executive Chairman bought 100,000 shares following worse-than-expected Q2 revenue results. Asana's CEO purchased 664,219 shares after the company posted a narrower-than-expected quarterly loss.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 11:16 am

ARCH

Arch Resources Inc. (ARCH) has revised its full year 2023 guidance for coking coal sales volumes to 8.6 to 8.9 million tons. The company also adjusted its average metallurgical cash cost guidance to $88 to $91 per ton.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 11:06 am

ARCH

Arch Resources expects its Q3 coking coal sales volumes to remain generally in line with Q3 due to ongoing challenges mining in the first longwall district at its Leer South Mine.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 11:01 am

BAESF

BAESY

BAE Systems has secured £3.95 billion in funding for the next phase of the SSN-AUKUS project, the U.K.'s next-generation nuclear-powered attack submarine program. The funding will facilitate the detailed design phase, procurement of essential components, and generate employment for over 5,000 individuals. BAE Systems’ Submarines business plays a vital role in the U.K. economy, particularly in the north west of England.

Portfolio Pulse from Akanksha Bakshi

October 02, 2023 | 10:56 am

NYAX

Nayax has filed for a mixed shelf of up to $70 million. In addition, an offering of up to 1.3 million ordinary shares is being made by selling shareholders.

Portfolio Pulse from Charles Gross

October 02, 2023 | 10:40 am

AAPL

META

Apple Inc. CEO Tim Cook has praised the company's first-generation mixed-reality headset, Vision Pro, and its potential for spatial computing. Cook revealed that the Vision Pro has become a part of his daily routine, allowing him to understand its potential as a game-changing product better. The Vision Pro headset is expected to launch in early 2024. In contrast, Apple’s rival in the AR/VR market, Meta Platforms Inc., has launched its Quest 3 headset at a starting price of only $499.

Portfolio Pulse from Ananya Gairola

October 02, 2023 | 10:39 am

AULT

Ault Alliance, Inc. (NYSE:AULT) has listed its St. Petersburg, Florida multifamily development site for sale at an asking price of $20M. The decision to sell is driven by the company's desire to focus on its core businesses and the current macroeconomic climate. The proceeds from the sale will be used to pay off debt and invest more in its core businesses.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 10:31 am

AMAN

MODG

NKE

OPEN

PINS

Benzinga's Analyst Ratings API, a collection of high-quality stock ratings, has been identified as a reliable source for trading indicators. Five of the most accurate Wall Street analysts, according to Benzinga, have made new stock picks. Rick Patel from Raymond James sees a 25% upside in NIKE, Inc. (NKE), Eric Wold from B. Riley Securities sees a 125% upside in Topgolf Callaway Brands Corp. (MODG), Rohit Kulkarni from Roth MKM sees a 6% upside in Pinterest, Inc. (PINS), Justin Post from B of A Securities sees a 35% upside in Amazon.com, Inc. (AMAN), and Lloyd Walmsley from UBS sees a 0.4% upside in Opendoor Technologies Inc. (OPEN).

Portfolio Pulse from Lisa Levin

October 02, 2023 | 10:12 am

NEP

Wells Fargo analyst Neil Kalton has downgraded NextEra Energy Partners (NEP) from Overweight to Equal-Weight and lowered the price target from $80 to $33.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 10:09 am