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IYR

The salary required to 'get by' varies significantly across US states, with some states requiring less than $50,000 a year and others more than $100,000. The median income for a single worker in the US is $57,200, which is sufficient in only 30 states. Housing costs are a significant factor, with the median home price in the US being $410,200. The iShares U.S. Real Estate ETF (IYR) reflects the long-term upward trend in US real estate.

Portfolio Pulse from Adam Eckert

September 07, 2023 | 12:51 pm

NET

Cloudflare's stock is trading lower after Bank of America Securities initiated coverage on the stock with an Underperform rating.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:51 pm

ESLT

RTX

Collins Elbit Vision Systems (CEVS), a joint venture between Collins Aerospace, an RTX Corp (NYSE:RTX) business, and Elbit Systems Ltd (NASDAQ:ESLT), has secured a $16 million contract from the U.S. Navy for development, engineering, logistics and test support of the Improved Joint Helmet Mounted Cueing System used in Block III F/A-18E/F and E/A-18G aircraft. CEVS is introducing the Zero-G Helmet Mounted Display System+ (HMDS+), which will provide an augmented view of the battle space inside the pilot's helmet to allow for faster decision making, increasing survivability and effectiveness.

Portfolio Pulse from Shivani Kumaresan

September 07, 2023 | 12:50 pm

TTC

Toro's shares are trading lower following the company's disappointing Q3 results and a reduction in its FY23 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:49 pm

BLMN

DRI

LEVI

The most accurate Wall Street analysts recommend buying three high-dividend yielding consumer stocks: Darden Restaurants, Inc. (DRI), Levi Strauss & Co. (LEVI), and Bloomin' Brands, Inc. (BLMN). These companies have been rated by analysts from Stephens & Co., Citigroup, Stifel, Guggenheim, Credit Suisse, and Barclays, with accuracy rates ranging from 70% to 76%. Recent news for these companies include upcoming financial results, margin decline and soft EPS guidance, and interest from an activist investor.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 12:49 pm

CRLBF

Cresco Labs Inc. (OTCQX:CRLBF) has announced a new partnership with Spotify, marking the first time a cannabis company has advertised on the audio streaming platform. The ad campaign will promote the benefits of shopping at Sunnyside dispensary and will include 30-second audio and in-app digital banners. Cresco's shares traded 5.4519% higher at $2.1934 per share after the market close on Wednesday.

Portfolio Pulse from Jelena Martinovic

September 07, 2023 | 12:49 pm

AGLE

Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) has announced a 1-for-25 reverse stock split of all outstanding shares of its common stock. The move is intended to help the company meet minimum Nasdaq listing price per share requirements. The split will not alter any stockholder's percentage interest in equity, except for those who would own a fractional share post-split. Post-split, the number of authorized shares of common stock will be reduced from 500 million to 20 million.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:48 pm

AI

C3.ai Inc's shares are trading lower despite beating Q1 revenue and EPS estimates. The company also provided Q2 and full-year revenue guidance, which is in line with estimates. C3.ai announced the launch of C3 Generative AI Suite, a new product offering 28 domain-specific generative AI solutions. Despite the positive news, the stock price fell by 13.5%.

Portfolio Pulse from Adam Eckert

September 07, 2023 | 12:48 pm

ATNM

Actinium Pharmaceuticals (ATNM) presented updated survival data from its Phase 1b trial evaluating Actimab-A in combination with the salvage chemotherapy CLAG-M in patients with high-risk relapsed or refractory acute myeloid leukemia (r/r AML). The trial showed a median overall survival of 24 months in all patients and 30 months in patients who received prior venetoclax treatment. The company also presented preclinical data supporting the clinical evaluation of Actimab-A combinations with FLT3 inhibitors.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:48 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares fell sharply after the company entered an equity distribution agreement for up to 40 million shares. The company has partnered with Citigroup, Barclays, Riley Securities, and Goldman Sachs to act as sales agents. Options traders are positioning for further declines, with more puts than calls on AMC during Wednesday's session.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 12:47 pm