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Stock Prices

SPY

Chicago Fed's Goolsbee suggests that the Federal Reserve will have to 'play by year' regarding whether interest rates need to increase. He also indicates that rates may have to stay higher for longer than markets had anticipated.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:41 pm

ENVX

Enovix Corp's shares are trading higher after the company announced that its batteries were selected for use in Accurate Meditech's blood pressure monitor. The device, running on Enovix's batteries, is expected to last more than four months on a single charge. The blood pressure monitor will be available at CVS, Walgreens, and Walmart beginning in the second half of 2024.

Portfolio Pulse from Adam Eckert

September 25, 2023 | 12:41 pm

ALGM

PRGS

SLAB

YOU

The article lists four tech stocks that are considered oversold and may present buying opportunities in Q3. These include Progress Software Corporation (PRGS), Silicon Laboratories Inc. (SLAB), Clear Secure, Inc. (YOU), and Allegro MicroSystems, Inc. (ALGM). The stocks are considered oversold based on their Relative Strength Index (RSI) values, which are all below or near 30.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:40 pm

ALGT

KMX

STZ

Several analyst forecasts were released on Monday, with changes in price targets for multiple companies. Notable changes include Goldman Sachs raising the price target for Constellation Brands, Inc. (STZ) from $275 to $305, Wedbush raising CarMax, Inc.'s (KMX) price target from $85 to $90, and Raymond James slashing Allegiant Travel Company's (ALGT) price target from $145 to $118. Other companies mentioned include AcelRx Pharmaceuticals, Inc. (ACRX), Urban Outfitters, Inc. (URBN), Vaccitech plc (VAC), Baidu, Inc. (BIDU), NIKE, Inc. (NKE), Dell Technologies Inc. (DELL), AstraZeneca PLC (AZN), and Mastercard Incorporated (MA).

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:39 pm

DNUT

Krispy Kreme Inc (NASDAQ:DNUT) has announced the appointment of Josh Charlesworth as President and CEO, effective January 1, 2024. Charlesworth, who has been with the company since 2017, will succeed Michael Tattersfield. The company also reaffirmed its full-year 2023 guidance and continues to trend toward the middle to the higher end of the revenue and adjusted EBITDA ranges. DNUT shares are trading higher by 3.05% at $13.18 in premarket on the last check Monday.

Portfolio Pulse from Shivani Kumaresan

September 25, 2023 | 12:38 pm

RNAZ

TransCode Therapeutics announced positive pre-clinical gliblastoma results with its lead candidate, TTX-MC138, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:38 pm

SPY

Chicago Fed's Goolsbee has stated that the risk of inflation staying higher is still the bigger risk. He also mentioned that the current path is unusual for inflation to fall like it is without unemployment rising.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:38 pm

AIMD

Ainos, Inc. (NASDAQ: AIMD) has announced a $3 million initial tranche of a $10 million private placement with Lind Global Fund II LP. The proceeds will be used to fund clinical trials, commercial product launch, and working capital. The investment is in the form of a Senior Secured Convertible Promissory Note with an 18-month maturity and an initial conversion price of $1.50 per share. The investor was also granted five-year warrants equal to 75% of the funded amount at an initial exercise price of $0.90 per share.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:33 pm

AMZN

BBY

CRM

HPQ

Insiders at HP Inc. (HPQ), Amazon.com Inc. (AMZN), Best Buy Co., Inc. (BBY), and Salesforce, Inc. (CRM) have recently sold significant amounts of shares. HP's 10% owner Warren E. Buffett sold shares worth around $129.21 million, Amazon's CEO of Web Services Adam Selipsky sold shares worth around $135,140, Best Buy's Todd Hartman sold shares worth around $907,317, and Salesforce's Chair and CEO Marc Benioff sold shares worth around $3.14 million.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:32 pm

DOGEUSD

LINKUSD

Crypto analyst Rekt Capital predicts a potential bullish divergence for Dogecoin (DOGE), suggesting a positive trend after a minor correction. The analysis points to a consolidation phase, indicating price stability for DOGE until further developments. The analyst expects DOGE to reach around $0.070 after rebounding from its bottom level of $0.058. Chainlink's (LINK) native token has experienced a 13% price drop after facing rejection from its range-high resistance.

Portfolio Pulse from Mehab Qureshi

September 25, 2023 | 12:31 pm