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ELWS

Earlyworks Co., Ltd. (NASDAQ:ELWS) has announced the launch of Phase 1 of the System Development Kit (SDK) package for its proprietary private blockchain technology, Grid Ledger System (GLS), by the end of October 2023. The SDK Phase 1 is designed to serve corporate clients with high processing speed, user-friendliness, and reduced implementation costs. Several major Japanese companies have shown interest in SDK Phase 1. The CEO of Earlyworks believes that the launch will expand their business and increase their client base.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:31 pm

JD

A significant bearish stance has been taken on JD.com (NASDAQ:JD) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 40% bullish and 60% bearish. The price target for JD.com over the last 3 months has been between $17.5 and $55.0. The current price of JD is down -1.61% at $30.62. Susquehanna and Loop Capital have maintained their Neutral and Hold ratings on JD.com, respectively.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 2:31 pm

CVS

Unusual options activity has been observed for CVS Health (NYSE:CVS), with a bearish stance taken by a large investor. The options scanner at Benzinga spotted 15 options trades for CVS Health, with an overall sentiment of 100% bearish. The price target range for CVS Health over the last 3 months has been $70.0 to $72.5. CVS Health's stock price is currently up 1.88% at $72.03. Several research firms have given their ratings on CVS Health, with price targets ranging from $80 to $87.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 2:30 pm

ORCL

Oracle (NYSE:ORCL) has outperformed the market over the past 15 years by 3.04% on an annualized basis, producing an average annual return of 12.18%. If an investor had bought $100 of ORCL stock 15 years ago, it would be worth $568.16 today. Oracle currently has a market capitalization of $306.56 billion.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 2:30 pm

PPG

PPG Indus (NYSE:PPG) has outperformed the market over the past 15 years, producing an average annual return of 10.36%. If an investor had bought $1000 of PPG stock 15 years ago, it would be worth $4,210.86 today. The company currently has a market capitalization of $30.85 billion.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 2:30 pm

HBI

HanesBrands is exploring strategic options for its global Champion business, including a potential sale or other strategic transaction. The company has made significant structural improvements within Champion, distinguishing its innerwear and activewear businesses. The evaluation process is ongoing, with no set timeline. Financial advisors Goldman Sachs & Co. LLC and Evercore, along with legal advisors Jones Day and Kirkland & Ellis LLP, are assisting in this process.

Portfolio Pulse from Akanksha Bakshi

September 19, 2023 | 2:30 pm

ASTS

AST SpaceMobile has successfully made the first-ever 5G connection for voice and data between an unmodified smartphone and a satellite in space. This has led to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:28 pm

DISH

DISH Network Corp's shares are trading higher following reports of the company receiving government support to extend the deadline for purchasing airwaves from T-Mobile US. This move is expected to ease the financial burden on DISH.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:26 pm

DIS

Walt Disney Co has announced plans to double its capital expenditures at its Disney Parks, Experiences and Products (DPEP) segment to $60 billion over the next decade. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:24 pm

AVGR

Avinger's shares are trading higher following the commercial launch of its Tigereye ST image-guided CTO crossing device announced on Monday.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:23 pm