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MNDY

Monday.com has announced the full release of its Portfolio Management Solution, which includes new capabilities aimed at enhancing strategic initiative management, streamlining operations, and boosting productivity across teams and departments.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:15 pm

NVDL

SMH

SOXL

SOXX

USD

Chip ETFs are trading higher in premarket due to President Biden's decision to exempt some allies from the new rule on chip exports to China and AMD's strong Q2 results. Key ETFs like NVDL, SOXL, USD, SMH, and SOXX saw significant gains.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 12:15 pm

IMNN

IMUNON, Inc. (NASDAQ:IMNN) announced a $10 million registered direct offering of 5 million shares of common stock at $2 per unit, including unregistered warrants. The offering is expected to close around August 1, 2024, with H.C. Wainwright & Co. as the lead placement agent.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:15 pm

GTI

Graphjet Technology (NASDAQ:GTI) has regained compliance with Nasdaq's listing standards, ensuring its continued presence on the exchange.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:13 pm

ALZN

Alzamend Neuro, Inc. (NASDAQ:ALZN) has regained compliance with Nasdaq's Minimum Bid Price Requirement by maintaining a closing bid price of at least $1.00 per share for ten consecutive trading days. Nasdaq has confirmed that the matter is now closed.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:13 pm

AINC

Ashford Inc. (NYSE:AINC) has announced a 1-for-10,000 reverse stock split followed by a 10,000-for-1 forward stock split as part of its plan to delist from the NYSE American stock exchange.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:12 pm

AMD

TSM

Shares of Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) are surging in premarket trading due to industry-wide optimism from AMD's quarterly results and increased capex spending by AI-levered mega-caps. TSMC's ADRs had previously lost about 20% from their July highs.

Portfolio Pulse from Shanthi Rexaline

July 31, 2024 | 12:11 pm

AVDX

AvidXchange has updated its 2024 business outlook due to macroeconomic challenges, reducing its FY24 revenue forecast from $442M-$448M to $436M-$439M, below the estimated $447.456M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:07 pm

CLBK

Columbia Financial (NASDAQ:CLBK) reported Q2 earnings of $0.04 per share, beating the analyst estimate of $0.03. However, this represents a 63.64% decrease from the $0.11 per share reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:05 pm

CMCO

Columbus McKinnon has reaffirmed its FY25 guidance, projecting low-single digit year-over-year net sales growth and mid to high-single digit year-over-year adjusted EPS growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:05 pm