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STZ

Constellation Brands (NYSE:STZ) has outperformed the market over the past 20 years, producing an average annual return of 15.17%. If an investor had bought $1000 of STZ stock 20 years ago, it would be worth $17,225.36 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 9:30 pm

CDNS

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years, producing an average annual return of 39.37%. If an investor had bought $100 of CDNS stock 5 years ago, it would be worth $525.24 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 9:30 pm

CGC

CLSH

GGBXF

RSSFF

The cannabis sector experienced a bullish sentiment on September 11, 2023, with several stocks closing up significantly. Green Growth Brands (OTC:GGBXF) led the gainers with a 900.00% increase, followed by Affinor Growers (OTC:RSSFF) and Canopy Gwth (NASDAQ:CGC) with 175.81% and 81.37% increases respectively. On the other hand, CLS Holdings USA (OTC:CLSH) led the losers with a 38.24% decrease.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 9:30 pm

EDR

WWE

World Wrestling Entertainment, Inc (WWE) is set to merge with UFC parent company Endeavor Group Holdings Inc (EDR) on Tuesday. The new company, TKO Group Holdings, will be traded on the NYSE under the ticker 'TKO' and is valued at $21 billion. Vince McMahon will retain his executive chair at WWE and step into the executive chair position of the new company, securing a 16% ownership stake. Endeavor will own 51% of TKO, while WWE's factions will retain 49% control.

Portfolio Pulse from AJ Fabino

September 11, 2023 | 9:30 pm

DTSS

Datasea has commenced an underwritten public offering, with the intention to use the net proceeds for research and development, market development, and general corporate purposes. The terms of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 9:26 pm

ORCL

During a conference call, Oracle announced that it expects its total revenue to grow by 5% to 7% in Q2.

Portfolio Pulse from Charles Gross

September 11, 2023 | 9:19 pm

AMZN

TSLA

Gordon Johnson, CEO at GLJ Research, has criticized Morgan Stanley's Adam Jonas for his optimistic analysis of Tesla, which includes an upgrade from Equal-Weight to Overweight with a $400 price target. Johnson, who has a $24 price target on Tesla, questioned the analysis due to Morgan Stanley's close ties with Tesla and Elon Musk. He also pointed out that Jonas's projections on Tesla's supercomputer, Dojo, are unverified and speculative. Tesla shares traded more than 10% higher on Monday.

Portfolio Pulse from AJ Fabino

September 11, 2023 | 9:08 pm

MMAT

Meta Materials has entered into a common stock purchase agreement with Lincoln Park Capital Fund. The agreement is for the purchase of $50 million of Meta Materials' shares.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 9:04 pm

ALNY

Alnylam Pharmaceuticals (NASDAQ:ALNY) has outperformed the market over the past 5 years by 6.92% on an annualized basis, producing an average annual return of 15.97%. If an investor had bought $1000 of ALNY stock 5 years ago, it would be worth $2,145.32 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 9:00 pm

KDP

Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 10 years by 6.31% on an annualized basis, producing an average annual return of 16.42%. If an investor had bought $1000 of KDP stock 10 years ago, it would be worth $4,614.52 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 9:00 pm