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FBGL

FBS Global Limited is set to IPO on NASDAQ under the ticker FBGL on October 9, with shares priced between $4.50 and $5.00. The company specializes in green building and interior fit-out projects.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:00 pm

SPY

The National Hurricane Center (NHC) forecasts that Hurricane Milton will maintain its major hurricane status and increase in size as it approaches Florida's west coast. Residents are advised to prepare and evacuate if instructed by local officials.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:59 pm

SOBR

SOBR Safe Inc (NASDAQ:SOBR) shares dropped 33.4% to $6.72 after announcing a private placement to raise $8.2 million. The company will issue units at $4.05 each, including shares and warrants. Proceeds will be used for corporate purposes and working capital.

Portfolio Pulse from Henry Khederian

October 08, 2024 | 2:59 pm

TNXP

Tonix Pharmaceuticals (NASDAQ:TNXP) shares rose by 1.18% to $0.14 after securing a $34 million research collaboration contract with X-Chem, funded by the U.S. Department of Defense. The collaboration aims to advance the TNX-4200 antiviral program using AI and machine learning.

Portfolio Pulse from Henry Khederian

October 08, 2024 | 2:57 pm

SAVA

Cassava Sciences Inc. (NASDAQ:SAVA) has settled SEC charges for $40 million over misleading statements related to its Alzheimer's drug trial. The settlement allows the company to focus on its drug development. HC Wainwright upgraded the stock to Buy with a $116 price target, anticipating positive trial results.

Portfolio Pulse from Vandana Singh

October 08, 2024 | 2:57 pm

SPY

Hurricane Milton is currently located 520 miles southwest of Tampa, Florida, with maximum sustained winds of 150 mph. This could potentially impact markets, especially those related to insurance and energy sectors.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:56 pm

SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) launched a new high-density AI infrastructure platform, causing its stock to initially rise but then fall. The company is under pressure due to a DOJ probe following a short report alleging inappropriate revenue recognition. SMCI shares are down 5.97%.

Portfolio Pulse from Erica Kollmann

October 08, 2024 | 2:55 pm

DOGE-USD

Nate Silver discusses the recent surge in Donald Trump's election odds on Polymarket, attributing it to market sentiment and social media influence, similar to Elon Musk's impact on Dogecoin. Silver notes Republicans project confidence while Democrats project anxiety in the Trump era.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 2:54 pm

BP

SLB

XOM

Energy stocks are declining due to easing Middle East tensions and uncertainty over China's economic stimulus, affecting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:48 pm

CVX

Recent options activity for Chevron (NYSE:CVX) shows a bearish sentiment among traders, with significant trades in both puts and calls. Analysts have mixed ratings, with price targets ranging from $150 to $189. The stock is currently down 2.2% at $147.79, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 2:46 pm