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APLD

NVDA

Nvidia, along with other investors, has participated in a $160 million funding round for Applied Digital, a Nasdaq-listed company focused on data centers and AI cloud services. This investment is expected to support Applied Digital's growth.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:32 pm

INDP

Indaptus Therapeutics has reported new safety data for its Decoy20 clinical program and is expanding patient enrollment for weekly dosing at two different doses.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:31 pm

SWBI

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) is set to release its Q1 earnings report, with analysts expecting a loss of 2 cents per share compared to a profit of 7 cents per share a year ago. The company projects quarterly revenue of $102.53 million. Despite a recent earnings beat, the stock has seen a decline, closing at $14.25. The company offers a 3.65% annual dividend yield, translating to 13 cents per share quarterly.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 12:31 pm

SPY

The USA's continuing jobless claims have decreased to 1,838K, which is lower than the estimated 1,870K and the previous 1,860K. This indicates a potential improvement in the labor market.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:30 pm

SPY

The USA's Unit Labor Costs for Q2 increased by 0.4%, which is below the estimated 0.9% and significantly lower than the previous quarter's 4.0%. This indicates a slower growth in labor costs, which could impact inflation expectations and monetary policy decisions.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:30 pm

SPY

The Nonfarm Productivity for Q2 increased by 2.5%, surpassing the expected 2.3% and significantly improving from the prior 0.2%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:30 pm

IYG

V

XLF

Visa Inc. plans to launch a new account-to-account (A2A) payment service in the UK by 2025, expanding to the Nordics and Europe. This service aims to simplify direct debit processes and enhance consumer protection. Visa's stock is slightly up premarket.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 12:29 pm

CODI

Compass Diversified has filed with the SEC to potentially offer and sell up to $500 million in common shares. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:29 pm

RVSN

Rail Vision shares surged following the approval of its U.S. patent for an AI-based railway obstacle detection system by the United States Patent and Trademark Office.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:29 pm

AI

CHPT

CPRT

CRDO

HPE

VRNT

Verint Systems Inc. reported disappointing Q2 results, missing both earnings and sales estimates, and announced a $200 million stock buyback program. This led to a 15% drop in its stock price in pre-market trading. Other companies like C3.ai, Credo Technology, and ChargePoint also saw significant declines due to various earnings-related announcements.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 12:28 pm