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BELT

IYG

MA

Mastercard and Safaricom have partnered to enhance cross-border payments and merchant growth in Kenya, leveraging M-PESA's network and Mastercard's infrastructure. Despite this positive development, Mastercard's stock is trading slightly lower.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 4:40 pm

EWTX

FDS

HAO

MBLY

PGNY

SGN

VVOS

U.S. stocks rose significantly, with the Dow Jones up over 500 points. FactSet Research Systems reported strong earnings, beating expectations. Edgewise Therapeutics, Signing Day Sports, and Mobileye Global saw notable stock increases, while Haoxi Health Technology, Progyny, and Vivos Therapeutics experienced declines.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 4:39 pm

BNO

USO

Oil prices are rising as a result of the Federal Reserve's rate cut, which is expected to boost demand outlook.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:36 pm

WYNN

Wynn Resorts has agreed to pay $70 million to settle claims related to misconduct allegations. This settlement is significant for investors as it resolves ongoing legal issues that could have impacted the company's financial standing.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:36 pm

XCHG

XCHG Limited shares were halted due to a circuit breaker as the stock plummeted by 55.9%.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:32 pm

IBM

Kevin Simpson announced on CNBC that he has purchased more shares of International Business Machines (IBM). This move indicates confidence in IBM's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:26 pm

GLW

LUMN

OCFS

TINT

Corning Incorporated (NYSE:GLW) shares rise as the company updates its 'Springboard' plan, aiming for $3 billion in additional sales and a 20% operating margin by 2026. The plan includes price hikes and AI product launches, boosting its Optical Communications division. Corning's products support Lumen Technologies' network expansion. Investors can access Corning through ETFs like ProShares Smart Materials ETF (NYSE:TINT) and Professionally Managed Portfolios Otter Creek Focus Strategy ETF (NYSE:OCFS).

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 4:26 pm

ICUI

ICU Medical's subsidiary, Smiths Medical, has recalled certain Bivona tracheostomy tubes due to manufacturing defects that could cause severe injury or death. The FDA classified this as a serious recall, with 35 reported injuries and two deaths. ICUI stock was up 2.25% following the news.

Portfolio Pulse from Vandana Singh

September 19, 2024 | 4:20 pm

TD

TD Bank Group shares are trading higher following the announcement that its CEO will retire on April 10, 2025.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:18 pm

BAND

DOCN

FIVN

FSLY

RNG

The Federal Reserve's 0.5% rate cut is expected to benefit small- to medium-sized cloud computing firms by easing debt refinancing. Analyst James Fisher highlights Bandwidth, DigitalOcean, Fastly, RingCentral, and Five9 as key beneficiaries due to their significant debt loads. These companies saw stock price gains following the announcement.

Portfolio Pulse from Michael Juliano

September 19, 2024 | 4:16 pm