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PTEN

Patterson-UTI announced an average of 118 drilling rigs operating in the United States for November 2023, indicating active operations and potential revenue implications.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 10:00 pm

BABA

Kyle Bass, CIO of Hayman Capital Management, warns of a 'full banking system collapse' in China, citing over $13 trillion in local government debt, with 90% in default, and $4 trillion in real estate losses. Chinese stocks like Alibaba (BABA) and JD.Com (JD) have significantly underperformed in 2023, with BABA down over 20% and JD down over 50%, while the S&P 500 is up nearly 20% year-to-date.

Portfolio Pulse from Aaron Bry

December 08, 2023 | 9:54 pm

SPY

TSLA

Tesla Inc (NASDAQ:TSLA) has expanded its vehicle lineup with the Cybertruck, a pickup truck inspired by 'Blade Runner' and a James Bond film. The idea for a pickup truck was first mentioned by CEO Elon Musk in a tweet on May 24, 2013. Since then, the stock has seen a return of 3,463.8% compared to the SPDR S&P 500 ETF Trust's (SPY) return of 174.4% over the same period. A $1,000 investment in TSLA at the time of Musk's tweet would be worth $35,637.99 today.

Portfolio Pulse from Chris Katje

December 08, 2023 | 9:53 pm

FMCC

Rep. Kevin Hern (R-OK) sold shares of Freddie Mac (OTC:FMCC) for a profit of 42.2% to 48.9%, having bought them earlier in the year. This transaction could intensify discussions about banning stock trades by Congress members, especially as Hern previously violated the STOCK Act by not disclosing 2021 transactions. Freddie Mac is under conservatorship since the 2008 financial crisis.

Portfolio Pulse from Chris Katje

December 08, 2023 | 9:32 pm

CISS

ESGL

FREY

GETR

NXT

POLA

STRL

SUNW

TURB

VIRC

In Friday's after-market session, several industrial stocks saw movement. C3is, NEXTracker, Polar Power, Turbo Energy, Getaround, and Sunworks experienced gains, while Virco Mfg, FREYR Battery, Sterling Infrastructure, ESGL Holdings, and OceanPal saw declines. Notably, Virco Mfg and OceanPal recently released their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:31 pm

CLEU

COOK

FEBO

GDHG

LOCO

NOGN

SLNA

TOUR

VMAR

In Friday's after-market session, several consumer discretionary stocks experienced movement. PARTS iD (ID) and Tuniu (TOUR) were among the gainers, with shares rising 6.3% and 4.99% respectively. 17 Education & Technology (YQ) also gained after its Q3 earnings report, rising 4.98%. LL Flooring Holdings (LL), Traeger (COOK), and Nogin (NOGN) saw increases as well. Conversely, Selina Hospitality (SLNA), China Liberal Education (CLEU), Golden Heaven Group Holdings (GDHG), Fenbo Holdings (FEBO), Vision Marine (VMAR), and El Pollo Loco Holdings (LOCO) were among the losers, with declines ranging from 2.99% to 7.7%.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:30 pm

ACRX

APLT

GOVX

IGMS

MGTX

ONTX

TRIB

In Friday's after-market session, several healthcare stocks experienced significant movements. Onconova Therapeutics (ONTX) saw a 42.5% increase, while Trinity Biotech (TRIB) faced an 18.2% decline. Other notable gainers include AcelRx Pharmaceuticals (ACRX), IGM Biosciences (IGMS), Applied Therapeutics (APLT), MeiraGTx Holdings (MGTX), and Geovax Labs (GOVX). Conversely, Milestone Scientific (MLSS), Gyre Therapeutics (GYRE), Oncternal Therapeutics (ONCT), Phio Pharmaceuticals (PHIO), and Blue Water Biotech (BWV) were among the losers.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:30 pm

AIRE

ARBK

FOXO

INSG

MAPS

MLGO

NIR

NVNI

SAI

SGN

WKEY

WTO

In Friday's after-market session, several information technology stocks experienced movement. WM Tech, ReAlpha Tech Corp, SAI.TECH Global, FOXO Technologies, Argo Blockchain, and Signing Day Sports saw their shares rise, with increases ranging from 3.7% to 6.3%. Conversely, Near Intelligence, Nvni Group, UTime, WISeKey Intl Holding, Inseego, and MicroAlgo faced declines between 4.43% and 15.2%. These movements reflect changes in investor sentiment and market dynamics for these individual stocks.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:30 pm

INFY

Over the past 20 years, Infosys (NYSE:INFY) has produced an average annual return of 9.98%, outperforming the market. A $1000 investment in INFY 20 years ago would be worth $6,449.75 today. Infosys currently has a market cap of $74.09 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:30 pm

FICO

Over the past 10 years, Fair Isaac (NYSE:FICO) has delivered an average annual return of 34.91%, outperforming the market by 24.96% on an annualized basis. A $1000 investment in FICO stock a decade ago would be worth $20,063.49 today. Fair Isaac currently has a market capitalization of $28.03 billion.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:30 pm