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ICCM

IceCure Medical Ltd. (NASDAQ:ICCM) stock is trading higher after an independent study showed its IceCure system has a 100% local control rate for re-treating initially resistant tumors. The study also noted a high patient discharge rate post-cryoblation and preservation of renal function. CEO Eyal Shamir compared the findings to their ongoing ICESECRET study. ICCM's trading volume surged following the news, with shares up 49%.

Portfolio Pulse from Erica Kollmann

November 28, 2023 | 3:18 pm

DXC

NOW

DXC Technology Company (DXC) and ServiceNow Inc (NOW) have expanded their strategic partnership to enhance global service and workflow management. The collaboration will integrate ServiceNow's analytics and AI into DXC's Platform X, aiming to improve insight generation, productivity, and efficiency for over 500 users. DXC, a ServiceNow Global Elite partner, will become a preferred partner for ServiceNow Professional Services and ServiceNow Impact. Both companies will also work to expand their global reach, with DXC holding over 1,900 ServiceNow certifications and investing in ServiceNow training and accreditation. DXC shares traded 0.50% lower at $22.97, and NOW shares traded 0.19% lower at $669.29.

Portfolio Pulse from Akanksha Bakshi

November 28, 2023 | 3:18 pm

RDHL

Shares of Redhill Biopharma (RDHL) were halted due to a circuit breaker after surging 165% to the upside. The significant increase in stock price triggered the halt to ensure market stability and orderly trading.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:17 pm

DIS

Bob Iger, CEO of Walt Disney Company (NYSE:DIS), is set to meet with employees in a town hall meeting to discuss the company's future. Despite a slight recovery from nine-year lows in August, Disney shares are down 1% over the last year. The meeting will include executives from film, parks, ESPN, and television divisions, focusing on 'future building opportunities.' Disney's linear networks have struggled, but the company is investing in Disney+ and has acquired the remaining stake in Hulu. The ESPN segment has been separated to highlight its performance, and Disney is seeking a partner for growth. The film division's recent box office performance has been weak, with no $1 billion grossing movie recently and 'Wish' underperforming. The town hall aims to address concerns of both employees and shareholders.

Portfolio Pulse from Chris Katje

November 28, 2023 | 3:16 pm

ICCM

IceCure Medical's stock is trading higher following the announcement of a new study published in peer-reviewed journals, which demonstrates the safety and efficacy of its ProSense system.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:14 pm

SPY

Fed's Goolsbee acknowledges progress on inflation, indicating a positive outlook on the economy's response to monetary policies. This sentiment may influence investor confidence and market stability.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:10 pm

ESLT

Elbit Systems Ltd (NASDAQ:ESLT) reported a 11.3% Y/Y increase in Q3 FY23 revenue to $1.501 billion, surpassing estimates. Aerospace segment led with a 24.3% rise, while Elbit Systems of America saw a 2% decline due to lower munition sales. Gross margin slightly improved, but adjusted EPS of $1.65 missed expectations. The order backlog reached $16.6 billion. Operational cash flow was negative, impacted by inventory increases. Demand surged following attacks from Gaza. A dividend of $0.50 per share was declared. ESLT stock dropped 2.81% to $206.49.

Portfolio Pulse from Akanksha Bakshi

November 28, 2023 | 3:09 pm

CRWD

BMO Capital analyst Keith Bachman has maintained an Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $167 to $227.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:09 pm

SPY

Federal Reserve Governor Christopher J. Waller emphasized that monetary policy should be the primary tool for managing the economy, rather than relying on potential productivity growth. Waller's comments suggest a continued focus on adjusting interest rates and other monetary levers to influence economic conditions, rather than assuming productivity gains will alleviate the need for such interventions.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 3:08 pm

GHI

MTG

MGIC Investment (NYSE:MTG) is distributing a dividend of $0.12 per share with an annualized yield of 2.78%. Shareholders as of November 08, 2023, are eligible. The company has shown a positive trend in dividend per share growth from $0.24 in 2020 to $0.36 in 2022, and earnings per share growth from $1.78 to $2.88 over the same period. This suggests financial health and potential for future dividend increases. Greystone Housing Impact (NYSE:GHI) has the highest yield in the industry at 8.80%.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm