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ACN

JBL

JEF

NKE

Accenture, Micron Technology, Jabil Inc., Jefferies Financial Group, and NIKE are the stocks to watch heading into Thursday. Accenture and Jabil are expected to report their earnings before the opening bell, while NIKE is expected to report after the closing bell. Micron Technology posted upbeat Q4 results but expects a wider than expected loss for Q1. Jefferies Financial Group posted weaker-than-expected earnings for its Q3.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 8:08 am

PEV

SPI

SPI Energy Co., Ltd. (NASDAQ:SPI) has announced the sale of 12 million shares of its subsidiary, Phoenix Motor Inc. (NASDAQ:PEV), representing 56.36% of SPI's equity interest in Phoenix Motor. The transaction is valued at $12.24 million.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 7:50 am

DOGEUSD

PEPEUSD

SHIBUSD

Pepe Coin (PEPE) has outperformed other popular meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) in the past 24 hours and seven-day charts. PEPE experienced a 4% increase in value in the last 24 hours, while DOGE and SHIB saw marginal gains of 0.01% and 0.23% respectively. Over the past week, PEPE soared by 17%, while other top meme coins suffered losses. The exact reason behind PEPE's surge is unclear, but it could be due to a short squeeze, a temporary rebound, or other positive factors.

Portfolio Pulse from Mehab Qureshi

September 28, 2023 | 7:40 am

HARP

Harpoon Therapeutics is set to present interim Phase 1 data for HPN217 at the IMS Annual Meeting. This could potentially influence the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 7:30 am

ACN

COST

JBL

NKE

US stocks closed mixed with the Dow Jones Industrial Average moving lower and the CNN Money Fear and Greed index moving to the 'Extreme Fear' zone. Investors are concerned about the Federal Reserve's commitment to keeping interest rates high. Costco Wholesale Corporation and Micron Technology, Inc. reported better-than-expected earnings for Q4. Investors are awaiting earnings results from Accenture plc, Jabil Inc., and NIKE, Inc.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 7:15 am

IMVT

Immunovant has priced its common share offering at $38 per share. The company is offering 7,370,000 shares to the public and 4,473,684 shares to Roivant Sciences, totaling $450M.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:56 am

KMX

CarMax, Inc. (NYSE:KMX) is expected to report lower Q2 sales with earnings of 78 cents per share, compared to 79 cents per share in the year-ago period. The company's revenue might be $7.03 billion, compared to $8.54 billion in the year-ago period. Several analysts have recently changed their price targets for CarMax, with the most accurate analysts predicting a rise in the stock's price.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 6:39 am

NAK

Northern Dynasty's (NAK) project faces another delay as the Alaska District of the US Army Corps of Engineers gets a fifth extension. This could potentially impact the timeline and costs of the project.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:29 am

SAMA

Schultze Special Purpose Acquisition II (SAMA) has decided to redeem public shares and call off its initial business combination. This decision may impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:06 am

USO

Economist Peter Schiff predicts a historic rise in oil prices, potentially reaching $300 per barrel, due to central bank excesses and continued production cuts by some OPEC+ members. This rise could fuel inflation and complicate central banks' efforts to balance slowing economies, high inflation, and the impact of rate hikes. However, ING's commodity analyst expects oil prices to return to slightly above $90 a barrel due to weaker demand and political pressure to increase supply. The United States Oil Fund, LP (NYSE:USO) ended Wednesday’s session up 2.50% at $82.90.

Portfolio Pulse from Shanthi Rexaline

September 28, 2023 | 5:56 am