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SPY

The S&P Global Services PMI for September was reported at 55.4, slightly above the estimated 55.3 but below the prior month's 55.7. This indicates a modest expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:45 pm

SPY

The S&P Global US Manufacturing PMI for September was reported at 47.0, below the estimated 48.6 and the prior 47.9, indicating a contraction in the manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:45 pm

HYPR

Hyperfine's portable Swoop MR imaging system has shown promising interim results in acute stroke care, offering faster scanning times and good specificity compared to conventional MRI.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:44 pm

ELAB

KAVL

NVVE

PRFX

TGL

ZJYL

U.S. stocks edged higher with the Dow, NASDAQ, and S&P 500 showing slight gains. The Chicago Fed National Activity Index improved significantly in August. Kaival Brands, Nuvve Holding, and Treasure Global saw substantial stock price increases, while Elevai Labs, Jin Medical, and PainReform experienced declines.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 1:42 pm

FRGT

Freight Technologies, Inc. (NASDAQ:FRGT) announced a 1-for-25 reverse stock split, effective September 25, 2024. The split will reduce the number of outstanding shares from 35,844,999 to 1,433,800. Shares will continue trading under the symbol 'FRGT' with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:40 pm

KSCP

Knightscope, Inc. has upgraded four more clients to the fifth generation of its K5 Autonomous Security Robot, enhancing safety at two casinos, an office complex, and a storage facility. The company continues to innovate in robotics and AI for public safety.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:38 pm

NVDA

Bittensor (CRYPTO: TAO) saw a 17% single-day rally following Kamala Harris' support for AI and crypto investments, adding to an 82% seven-day rally. The AI crypto market cap rose 6.4% to $29 billion. Bittensor's growth is driven by decentralized AI training, Dynamic TAO, and upcoming smart contracts.

Portfolio Pulse from Khyathi Dalal

September 23, 2024 | 1:29 pm

CEG

MSFT

Constellation Energy's stock is climbing after announcing a 20-year power purchase agreement with Microsoft, leading to increased price targets from analysts. The deal involves restarting Three Mile Island and launching the Crane Clean Energy Center.

Portfolio Pulse from Adam Eckert

September 23, 2024 | 1:27 pm

DECK

Wells Fargo has maintained an Equal-Weight rating on Deckers Outdoor and adjusted its price target to $165 from $1000, reflecting a 6:1 forward stock split.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:27 pm

BITF

RIOT

Riot Platforms Inc (NASDAQ:RIOT) and Bitfarms Ltd (NASDAQ:BITF) have reached a settlement agreement regarding Riot's takeover attempt of Bitfarms. Riot will withdraw its requisition and support Bitfarms' board expansion and shareholder rights plan. Riot also gains rights to purchase Bitfarms shares if it holds 15% or more of the company's shares.

Portfolio Pulse from Adam Eckert

September 23, 2024 | 1:27 pm