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AMZN

GOOG

Google Cloud Spanner, a service of Alphabet Inc, has announced a significant enhancement in its price-performance metrics, offering a 50% surge in throughput and 2.5 times more storage capacity per node without any price hike. These improvements make Spanner's offerings twice as cost-effective as Amazon.Com Inc's DynamoDB for many tasks. The storage capacity per Spanner node has now increased to 10TB from the previous 4TB.

Portfolio Pulse from Anusuya Lahiri

October 12, 2023 | 4:54 pm

AAPL

AMZN

Amazon.com, Inc's stock is trading higher following positive reports. Amazon Prime members saved over $1 billion during Prime Big Deal Days, with millions of Alexa-enabled devices sold. Apple Inc's AirPods Pro were among the best-selling deals. Truist Securities analyst Youssef Squali noted Amazon's expansion into logistics services could unlock over $100 billion in revenue. AMZN shares traded higher by 1.62% at $133.88.

Portfolio Pulse from Anusuya Lahiri

October 12, 2023 | 4:52 pm

ACXP

Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP) shares have surged over 300% in the last five days, with extremely heavy trading volume. The company recently announced positive results from a Phase 2b clinical trial of its lead antibiotic candidate, ibezapolstat.

Portfolio Pulse from Erica Kollmann

October 12, 2023 | 4:47 pm

VS

Versus Systems Inc. (NASDAQ:VS) shares have seen a significant increase in trading volume and price, causing the stock to be halted multiple times for volatility. The company's shares are currently trending on Yahoo! Finance, likely due to its large price move and low price per share. The stock is up 215% at 79 cents at the time of publication.

Portfolio Pulse from Erica Kollmann

October 12, 2023 | 4:46 pm

CHD

Barclays analyst Lauren Lieberman maintains an Underweight rating on Church & Dwight Co (NYSE:CHD) and lowers the price target from $82 to $76.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 4:40 pm

OPGN

OpGen, Inc. (NASDAQ:OPGN) has entered into an agreement with an institutional investor to exercise existing warrants to purchase up to 10,892,728 common shares at $0.7785 per share. The investor will pay an additional $0.25 per share, resulting in gross proceeds of up to $11.2 million. The company will issue new warrants to the investor, exercisable at $0.336 per share, expiring in 2028.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 4:40 pm

PMVP

Trading of PMV Pharmaceuticals shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 4:39 pm

PMVP

PMV Pharmaceuticals' shares have been halted on a circuit breaker to the downside, with the stock now down by 15.4%.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 4:35 pm

DXCM

Shares of DexCom, Inc. (NASDAQ:DXCM) are trading lower after the FDA announced the establishment of a Digital Health Advisory Committee. The committee, which aims to be fully operational by 2024, will focus on addressing the complexities of digital health technologies. This increased regulatory interest introduces uncertainty for companies like DexCom, potentially impacting their products, market access, and ability to innovate.

Portfolio Pulse from Henry Khederian

October 12, 2023 | 4:35 pm

KR

Over the past 20 years, Kroger (NYSE:KR) has outperformed the market by 1.07% on an annualized basis, producing an average annual return of 8.46%. If an investor had bought $100 of KR stock 20 years ago, it would be worth $493.09 today. The company currently has a market capitalization of $31.78 billion.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 4:30 pm