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LMFA

LM Funding America reported its Bitcoin holdings valued at $9.6 million as of September 30, 2024, with a total of 142.3 Bitcoin held.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:33 pm

KZR

Kezar Life Sciences announced that the PORTOLA trial of zetomipzomib for autoimmune hepatitis will continue without changes, while the PALIZADE trial for lupus nephritis will be discontinued due to safety concerns. The company will focus on developing zetomipzomib for autoimmune hepatitis.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:32 pm

BMI

Badger Meter reported its Q3 2024 financial results, with GAAP EPS of $1.08 missing the $1.09 estimate and sales of $208.438 million falling short of the $212.150 million estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:31 pm

SPY

The USA Core Retail Sales for September increased by 0.5%, surpassing the estimated 0.1% and the previous month's 0.2%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

SPY

The USA Initial Jobless Claims matched the estimated 241K, showing no deviation from expectations. This is a decrease from the prior 260K claims, indicating a potential improvement in the labor market.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

SPY

The Philadelphia Fed Manufacturing Index for October reported a value of 10.3, significantly higher than the estimated 4.2. This indicates stronger than expected manufacturing activity in the region.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

PHUN

Phunware shares rose after HC Wainwright & Co. maintained a Buy rating and increased the price target from $7 to $9.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

SPY

Retail sales in the US for September increased by 0.4%, surpassing the estimated 0.3% and the previous month's 0.1% growth. This indicates a stronger consumer spending environment.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

CRAK

IEO

PSX

Phillips 66 (NYSE:PSX) faces a $604.9 million jury verdict for misappropriating trade secrets from Propel Fuels. The company plans to cease operations at its Los Angeles refinery by Q4 2025, affecting 900 workers. PSX stock has gained 16% over the past year.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2024 | 12:21 pm

VGK

The European Central Bank (ECB) has reduced its deposit facility rate from 3.5% to 3.25%. This decision may impact European financial markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:18 pm