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META

Meta Platforms Inc. showcased its AI and AR advancements at the Meta Connect event, highlighting innovations in AI assistants, AR glasses, and affordable mixed-reality headsets. Despite projected losses in Reality Labs, JPMorgan analyst Doug Anmuth raised Meta's price target, citing strong core business and potential market reach.

Portfolio Pulse from Surbhi Jain

September 26, 2024 | 12:50 pm

ONMD

OneMedNet Corporation (NASDAQ:ONMD) has announced a $1.7 million private placement with Off the Chain Capital, selling 1,918,591 shares at $0.65 each. The funds will be used for working capital and corporate purposes, with some allocated to Bitcoin purchases.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:47 pm

LUV

Southwest Airlines (NYSE:LUV) shares rose in premarket trading after announcing a new $2.5 billion share repurchase program, replacing the previous one. The company expects revenue growth and cost savings, with plans to introduce assigned seating by 2026.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2024 | 12:45 pm

ENVB

Enveric Biosciences presented data on its lead candidate, EB-003, at a pharmacology workshop. EB-003 shows potential as a non-hallucinogenic treatment for depression and anxiety, setting it apart from other DMT analogs.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:42 pm

CHPT

NAAS

XCH

XCHG Ltd. (NASDAQ:XCH) saw its stock nearly triple in its first week of trading after a scaled-back IPO, raising $20.7 million. Despite a strong first quarter, the company warned of a slowdown in the second quarter. XCHG is focusing on the European market and developing its Net Zero Series to expand its offerings.

Portfolio Pulse from The Bamboo Works

September 26, 2024 | 12:41 pm

BIOX

CLW

FUL

The article highlights three oversold stocks in the materials sector: H.B. Fuller Company, Clearwater Paper Corp, and Bioceres Crop Solutions Corp. These stocks have RSI values indicating they are oversold, presenting potential buying opportunities.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:37 pm

SRPT

Sarepta Therapeutics will present new data from its neuromuscular portfolio at the 2024 World Muscle Society Congress, including safety and efficacy results from its delandistrogene moxeparvovec clinical development program.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:36 pm

SMX

SMX (Security Matters) has filed for the resale of up to 32,755,097 shares by selling stockholders. This move could impact the stock's supply and demand dynamics in the market.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:35 pm

DIS

NFLX

Disney has laid off 300 employees across various corporate departments as part of cost management efforts. The company is focusing on investing in creativity and innovation while managing resources. Despite layoffs, Disney reported a 4% growth in fiscal Q3 2024 revenue, slightly beating analyst expectations. The company is also expanding its Disney+ paid sharing program and has made strategic creative appointments. Disney's stock has risen over 17% in the past year.

Portfolio Pulse from Anusuya Lahiri

September 26, 2024 | 12:35 pm

NMHI

Nature's Miracle Holding Inc. (NASDAQ:NMHI) has entered a debt forgiveness agreement with Uninet Global, reducing its outstanding debt by $2.1 million, leaving $577,500 remaining. This move is part of Nature's Miracle's strategy to optimize its capital structure and increase stockholder equity.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:34 pm