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ORA

Ormat Technologies (NYSE:ORA) has resumed operations at its Heber 1 power plant in California after a temporary shutdown due to a fire incident in February 2022. The company also completed the expansion of the Dixie Valley power plant in Nevada.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:53 am

CGC

Canopy Growth Corporation (NASDAQ: CGC) will acquire a 20% stake in Indiva Limited for $2.2 million, granting Canopy Growth exclusive rights to manufacture, distribute, and sell Wana-branded products in Canada.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:47 am

NVDA

TSLA

Ark Investment Management founder Cathie Wood questions Nvidia's valuation, stating that it is not the only AI play. She highlights Tesla as a significant beneficiary of AI advancements and sees dozens of AI winners based on Ark's research.

Portfolio Pulse from Shanthi Rexaline

May 30, 2023 | 11:45 am

ESLT

Elbit Systems reported Q1 FY23 revenue of $1.393 billion, a 3% YoY increase, beating the consensus of $1.390 billion. However, adjusted EPS of $1.70 missed the consensus of $1.73. Aerospace revenues were down 10% YoY, while the company declared a dividend of $0.50 per share.

Portfolio Pulse from Akanksha Bakshi

May 30, 2023 | 11:42 am

EXPI

JOE

MDV

OPAD

RTL

The article lists the top 5 overbought real estate stocks, including Necessity Retail REIT (RTL), Offerpad Solutions (OPAD), eXp World Holdings (EXPI), The St. Joe Company (JOE), and Modiv Inc. (MDV). These stocks have high RSI values, indicating they may be overvalued and present an opportunity to go short.

Portfolio Pulse from Lisa Levin

May 30, 2023 | 11:33 am

AAL

DAL

LUV

SAVE

UAL

The TSA reported screening nearly 9.8 million airline passengers over the four-day holiday weekend, surpassing pre-COVID 2019 levels by 300,000. This indicates a strong recovery in air travel demand.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:32 am

GRNA

GreenLight Biosciences shares have resumed trading after a temporary halt. The company is known for its RNA-based solutions for agriculture, human health, and animal health.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:31 am

MRAI

Marpai, Inc. (NASDAQ:MRAI) has announced the launch of Marpai Connect, an AI-powered platform that connects health plan participants with value-based providers. The platform aims to improve member health and lower costs for employers. MRAI plans to offer Marpai Connect to other healthcare payers starting in 4Q23.

Portfolio Pulse from Akanksha Bakshi

May 30, 2023 | 11:30 am

BRN

BVS

NIR

SVRA

Insiders have been aggressively buying shares of Barnwell Industries (BRN), Bioventus (BVS), Savara (SVRA), and Near Intelligence (NIR), all stocks under $3. This indicates their confidence in the companies' prospects, which can be a factor for investors and traders interested in penny stocks.

Portfolio Pulse from Lisa Levin

May 30, 2023 | 11:19 am

AAIC

EFC

Ellington Financial will acquire Arlington Asset Investment in a definitive merger agreement. The deal implies a 73% premium to Arlington's share price on May 26, 2023, and a 15% discount to diluted tangible book value per share as of March 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:14 am