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Tyson Foods has permanently appointed Curt Calaway as CFO after suspending John R. Tyson due to legal issues. This leadership change occurs amid strategic realignment efforts, including the sale of a poultry complex and scaling back antibiotic-free beef products. Despite challenges, Tyson Foods reported strong Q3 results, beating earnings expectations.

Portfolio Pulse from Benzinga Neuro

August 30, 2024 | 7:53 am

AISP

Airship AI has announced an $8 million public offering, compliant with Nasdaq market pricing, involving 2.9 million shares and warrants. The proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:23 am

EKSO

Ekso Bionics has announced a $6 million underwritten public offering of 6 million units, each priced at $1.00, including common stock and dual warrants. The offering includes 3.1 million units and 2.9 million pre-funded units, with warrants expiring in one and five years.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:18 am

RR

Richtech Robotics has announced a $21 million public offering of approximately 15.6 million shares and warrants, priced at $1.35 each. The warrants are exercisable immediately and expire in five years. The company plans to use the proceeds for working capital, product development, and inventory procurement.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:12 am

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SHIBUSD

Shiba Inu (SHIB) has been added as a collateral currency for futures trading on Kraken Pro, joining Bitcoin, Ethereum, and Cardano. This coincides with a massive 139103% increase in SHIB's burn rate, though its price remains relatively unchanged.

Portfolio Pulse from Aniket Verma

August 30, 2024 | 6:56 am

EWQ

The preliminary Harmonised Index of Consumer Prices (HICP) for France in August increased by 0.6% month-over-month, surpassing the estimated 0.5% and the previous month's 0.2%.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 6:52 am

EWQ

France's GDP growth for Q2 was reported at 1.0% year-over-year, slightly below the estimated 1.1% and the previous quarter's 1.1%.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 6:52 am

EWQ

France's GDP for Q2 grew by 0.2%, which is below the estimated 0.3% but matches the prior quarter's growth rate.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 6:52 am

EWQ

France's consumer spending for July increased by 0.3%, which is below the estimated 0.4% but an improvement from the revised -0.6% in the prior month.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 6:51 am

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NVDA

The Dow Jones reached a new record close, while the Nasdaq fell due to a decline in Nvidia shares. Nvidia's stock dropped 6.4% despite strong earnings and a $50 billion stock repurchase plan, due to a contraction in gross margin. The CNN Money Fear and Greed index moved into the 'Greed' zone, indicating improved market sentiment.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 6:25 am