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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

F

GM

LI

NIO

XPEV

The U.S. Commerce Department has proposed a ban on Chinese-made vehicles with key communications and automated driving systems due to national security concerns. This could significantly impact Chinese automakers like BYD, Nio, and Xpeng, as well as American and international automakers sourcing components from China. The proposal is part of a broader U.S. strategy to limit China's economic influence. Stocks of affected companies showed mixed reactions, with GM falling over 3% and Ford rising 1.3%.

Portfolio Pulse from Piero Cingari

September 23, 2024 | 1:26 pm

DOGEUSD

Dogecoin's lead developer, Mishaboar, emphasizes the decentralized nature of Dogecoin, contrasting it with other centralized cryptocurrencies. Despite a recent drop in large transactions and active addresses, crypto analyst Ali Martinez predicts a potential bullish breakout for Dogecoin if it surpasses the $0.11 resistance level.

Portfolio Pulse from Khyathi Dalal

September 23, 2024 | 1:25 pm

MULN

Bollinger Motors, a subsidiary of Mullen Automotive, has announced the production of its first B4 electric truck. This marks a significant milestone for Mullen as it expands its electric vehicle offerings.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:19 pm

IDYA

Ideaya Biosciences shares rose following positive interim Phase 2 trial data for Darovasertib in Neoadjuvant Uveal Melanoma and a successful FDA type C meeting on trial design for regulatory approval.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:16 pm