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BRK

CRKR

CVX

EOG

OXY

The U.S. Energy Information Administration (EIA) forecasts growth in U.S. crude oil production to surpass 12.9 million barrels per day in late 2023 and exceed 13 million barrels per day in early 2024. This is due to sustained global petroleum demand and rising prices. EIA also expects Brent crude oil price to approach $90 per barrel in late 2023. Companies mentioned include Prairie Operating Co., Chevron Corporation, Occidental Petroleum Corporation, EOG Resources, Inc., and Berkshire Hathaway Inc.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:46 pm

AVT

DFS

JOBY

SLB

Jim Cramer, on CNBC’s 'Mad Money Lightning Round', gave his opinions on several stocks. He praised Schlumberger Limited (SLB) and Avnet, Inc. (AVT), recommended Mastercard Incorporated (MA) over Discover Financial Services (DFS), and advised against investing in Sea Limited (SE), Verizon Communications Inc. (VZ), and Joby Aviation, Inc. (JOBY).

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:46 pm

BLND

BMNM

PSTV

Insiders at Plus Therapeutics, Blend Labs, and Bimini Capital Management have recently purchased shares in their respective companies. Plus Therapeutics Director Howard Clowes acquired 6,993 shares at an average price of $1.43. Blend Labs Head of Finance and Admin. Amir Jafari acquired 14,369 shares at an average price of $1.19. Bimini Capital Management CFO G. Hunter Haas IV acquired 9,354 shares at an average price of $0.93.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:43 pm

FXI

INTC

Intel's AI processor, Habana Gaudi 2, designed specifically for China, has seen a sharp rise in demand, according to industry sources.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:42 pm

MSTR

MicroStrategy shares are trading higher due to an increase in the price of Bitcoin.

Portfolio Pulse from Luke J Jacobi

September 18, 2023 | 12:40 pm

DLTR

SJM

WBA

WTER

The article lists five consumer staples stocks that are currently oversold, according to their Relative Strength Index (RSI), and could present buying opportunities. The stocks are Dollar General Corporation (DG), Dollar Tree, Inc. (DLTR), The J. M. Smucker Company (SJM), Walgreens Boots Alliance, Inc. (WBA), and The Alkaline Water Company Inc. (WTER).

Portfolio Pulse from Lisa Levin

September 18, 2023 | 12:37 pm

BLTH

SGII

American Battery Materials, Inc. (OTC:BLTH) reaffirmed its commitment to the proposed $120M merger with Seaport Global Acquisition II Corp. (NASDAQ:SGII) despite Seaport Global receiving a delisting warning letter from NASDAQ. The merger is expected to result in ABM becoming a wholly owned subsidiary of SGII and the combined company will be renamed 'American Battery Materials Holdings'.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:36 pm

AVGR

Avinger has announced the commercial launch of its Tigereye ST image-guided CTO crossing device, leading to a rise in its share prices.

Portfolio Pulse from Luke J Jacobi

September 18, 2023 | 12:36 pm

GPP

Trading of Green Plains Partners (GPP) units is set to resume at 9:00 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:35 pm

GPP

GPRE

Green Plains Inc. (GPRE) and Green Plains Partners LP (GPP) have announced a definitive merger agreement. GPRE will acquire all publicly held common units of GPP not already owned by GPRE and its affiliates in exchange for GPRE common stock and cash. The merger is expected to simplify GPRE's corporate structure, generate near-term earnings and cash flow, reduce SG&A expense related to GPP, and improve the credit quality of the combined enterprise. The transaction is expected to close in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 12:34 pm