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ACLS

Axcelis Technologies, Inc. (ACLS) has announced an additional $200 million funding for its share repurchase program. This move is expected to return value to shareholders and shows the company's confidence in its future growth.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 12:20 pm

INDA

India's Consumer Price Index (CPI) for August was reported at 6.83%, lower than the estimated 7% and the prior figure of 7.44%.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:19 pm

USO

OPEC has maintained its 2024 non-OPEC supply-growth forecast at 1.4 million barrels per day (B/D), while increasing its 2023 non-OPEC supply-growth forecast by 100,000 B/D to 1.6 million B/D.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 12:18 pm

AVTX

Avalo Therapeutics has agreed to divest its AVTX-800 series, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:18 pm

USO

OPEC's crude output increased by 113,000 barrels per day (B/D) in August, reaching 27.45 million B/D. Iran's crude output also rose by 143,000 B/D to 8.97 million B/D, according to OPEC citing secondary sources.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 12:17 pm

NRXS

NeurAxis Inc (NYSE:NRXS) announced the publication of a study evaluating the efficacy of its IB-Stim technology in treating functional abdominal pain disorders (FAPDs) in adolescents. The study showed significant improvements in patients' quality of life and reductions in abdominal pain, nausea, disability, and anxiety. Despite the positive news, NRXS shares are down 21.1% at $4.10 premarket.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 12:15 pm

DOGEUSD

TSLA

Elon Musk's biography by Walter Isaacson reveals details about the opening celebration of Tesla's Gigafactory in Texas, which featured a grand event called 'Cyber Rodeo'. The event was organized by Musk's brother Kimbal and featured the likenesses of Nikola Tesla, the Dogecoin dog mascot, and a Cybertruck. The biography also mentions Sam Bankman-Fried, the former CEO of FTX, and his attempt to secure a role in the acquisition of Twitter.

Portfolio Pulse from Mehab Qureshi

September 12, 2023 | 12:13 pm

GFS

GlobalFoundries Inc (NASDAQ:GFS) has opened a $4 billion fabrication plant in Singapore, aiming to strengthen its position in the semiconductor manufacturing sector. The facility will create 1,000 jobs and add 450,000 wafers to GF's annual production capacity. In Q2 FY23, the company reported a 7.4% YoY revenue decline to $1.85 billion, beating the consensus of $1.83 billion. CFO Tim Stone left the company in July, and David Reeder will remain CFO until the end of 2023.

Portfolio Pulse from Anusuya Lahiri

September 12, 2023 | 12:09 pm

AAMC

ALEX

ESS

MAA

NXDT

The article lists five real estate stocks that are currently oversold and could present buying opportunities. These include Altisource Asset Management Corporation (AAMC), NexPoint Diversified Real Estate Trust (NXDT), Alexander & Baldwin, Inc. (ALEX), Essex Property Trust, Inc. (ESS), and Mid-America Apartment Communities, Inc. (MAA). The companies have recently announced changes in leadership, declared dividends, and reported quarterly earnings.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 12:08 pm

TNON

Tenon Medical has withdrawn its proposed public offering of shares of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:07 pm