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MXL

MaxLinear, Inc. (NASDAQ:MXL) has announced a new member of its Keystone 5nm PAM4 DSP family, KeystoneMM – MxL93684, which integrates VCSEL drivers with the DSP for reduced cost and high performance in active optical cables and multimode links. The product is available for sampling to key customers and will be released to full production in Q1 2024. The active optical cable market is projected to be worth $19 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:35 pm

CHS

Chico's FAS has announced its acquisition by Sycamore Partners, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:35 pm

SPY

The USA GDP Price Index for Q2 has been reported at 1.7%, lower than the estimated 2.0% and significantly lower than the prior quarter's 4.1%.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm

ACN

Accenture reported mixed Q4 financial results and issued FY24 adjusted EPS guidance below estimates, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm

JGGC

Jaguar Global Growth Corporation I (NASDAQ:JGGC) and GLAAM, Co., Ltd. have announced that their previously announced business combination was approved by over 79% of Jaguar Global's shareholders. As a result, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company named Captivision Inc. The new company's ordinary shares and warrants are expected to be listed on the Nasdaq Stock Market under the proposed ticker symbols 'CAPT' and 'CAPTW', respectively.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm

SPY

The U.S. Core PCE Prices for Q2 came in at 3.70%, matching the forecast and lower than the previous 4.90%.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm

SPY

The Q2 PCE Prices came in as expected at 2.5%.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:31 pm

SPY

The USA GDP for Q2 has been reported at 2.1%, matching the estimated figure and showing a slight increase from the prior 2.0%.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:30 pm

ASPU

FBIO

GOVX

RCAT

Insiders at four penny stocks, Aspen Group, Inc. (OTC:ASPU), Fortress Biotech, Inc. (NASDAQ:FBIO), Red Cat Holdings, Inc. (NASDAQ:RCAT), and GeoVax Labs, Inc. (NASDAQ:GOVX), have recently made notable purchases. Aspen Group recently closed a $12.4 million private placement. Fortress Biotech posted a narrower loss for Q2. Red Cat Holdings posted an in-line loss for Q1. GeoVax Labs and ProBioGen signed a landmark commercial license agreement for ProBioGen's AGE1.CR.pIX® suspension cell line.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 12:29 pm

FOLD

Shares of Amicus Therapeutics have been halted due to pending news. The nature of the news is currently unknown.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:29 pm