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SPY

USA Durable Goods Orders for August increased by 0.2%, beating the estimated decrease of 0.5% and significantly improving from the prior figure of -5.2%.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:30 pm

HAYW

Hayward Holdings Inc. (HAYW) shares are trading higher following the announcement that the company will be included in the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:30 pm

NEP

NextEra Energy Partners has announced a revision in its limited partner distribution per unit growth rate to 5% to 8% per year through at least 2026. This news has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:28 pm

DNA

PFE

Ginkgo Bioworks has announced a collaboration with Pfizer to discover RNA-based drug candidates, leading to a rise in Ginkgo's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:25 pm

NET

Cloudflare has announced a partnership with Meta to make the Llama 2 open source large language model available to developers building AI applications on Cloudflare's developer platform, Workers. This has led to a rise in Cloudflare's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:24 pm

NYC

Bellevue Capital Partners, LLC has launched a tender offer to purchase up to 350,000 shares of American Strategic Investment Co. (NYSE:NYC) at a price of $10.25 per share, a 64.8% premium to the most recent closing price. Bellevue's offer reflects its confidence in ASIC's portfolio and underlying assets, as well as its expanded investment strategy. The offer will expire on October 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:24 pm

BCLI

Shares of Brainstorm Cell Therapeutics have been halted in anticipation of an FDA Advisory Committee meeting. The meeting, scheduled to take place from 10:00 a.m. to 6:00 p.m. ET, will review NurOwn, Brainstorm's treatment for ALS.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:20 pm

RKLB

Rocket Lab USA Inc (RKLB) has reduced its Q3 FY23 financial outlook following a premature termination of its 41st mission launch. The company has lowered its Q3 revenue outlook to $66 million-$68 million, down from the previous $73 million-$77 million. The company also cut its adjusted gross margin expectations to 26%-28% from 28%-30%. The outlook reflects the postponement of a scheduled Electron mission launch as the company investigates the in-flight anomaly.

Portfolio Pulse from Lekha Gupta

September 27, 2023 | 12:18 pm

AVGR

Avinger has raised approximately $5.3M through its at-the-market offering, selling an aggregate of 596,200 shares at a weighted average price of $8.97.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:10 pm

SANW

S&W Seed Company has projected its FY24 revenue to be within the range of $76M-$82M, which is below the consensus estimate of $95.25M. This represents an expected increase of 3%-12% YoY.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:08 pm