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RKT

'Transforming The Home Buying Process': Rocket Mortgage, a part of Rocket Companies Inc. (NYSE:RKT), has launched Rocket Logic, an AI-driven platform designed to simplify and speed up the home ownership process. The platform uses over 10 petabytes of data and 50 million annual call transcripts to enhance mortgage efficiency through deep learning and generative AI, significantly reducing the time for loan closures and improving the accuracy of mortgage eligibility determinations.

Portfolio Pulse from Nabaparna Bhattacharya

April 09, 2024 | 4:37 pm

MTEM

Molecular Templates, Inc (NASDAQ:MTEM) shares experienced volatility after presenting positive interim data from its MT-6402 Phase I study in patients with PD-L1+ solid tumors. The data showed MT-6402's unique action and good tolerance, with no severe adverse events. CEO Eric Poma highlighted the drug's potential in treating checkpoint-experienced head and neck cancer patients. The stock saw heavy trading, with over 1.47 million shares traded, significantly above its 100-day average.

Portfolio Pulse from Erica Kollmann

April 09, 2024 | 4:37 pm

VVOS

Vivos Therapeutics, Inc. (NASDAQ:VVOS) shares dropped after filing a prospectus for the resale of up to 1.73 million shares by selling shareholders. The company could receive $8.4 million if all warrants are exercised. Vivos also announced Medicare reimbursement approval for its CARE oral medical devices and reported Q4 losses of $3.05 per share, missing estimates by 59.69%, with sales of $3.248 million also missing estimates.

Portfolio Pulse from Erica Kollmann

April 09, 2024 | 4:36 pm

SID

B of A Securities analyst Caio Ribeiro downgraded Companhia Siderurgica (NYSE:SID) from Neutral to Underperform and reduced the price target from $3.9 to $2.9.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:35 pm

RVSN

Rail Vision Ltd (NASDAQ:RVSN) shares surged 10.2% to $1.73 after announcing an order for its AI-powered Switch Yard System from a major North American Class 1 freight rail company. This order marks a significant milestone in Rail Vision's expansion into the North American market, demonstrating industry confidence in their technology. The system will be installed and evaluated for safety scenarios on the freight company's locomotive.

Portfolio Pulse from Henry Khederian

April 09, 2024 | 4:35 pm

BMR

Trading of Beamr Imaging shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:34 pm

ALCC

DXYZ

INTC

NVDA

PAA

TLRY

TSLA

TSM

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:34 pm

CRON

Cronos Group Inc (NASDAQ:CRON) shares fell by 2.78% to $2.63, influenced by Tilray's worse-than-expected Q3 results. Tilray reported a 16.8% increase in net revenue, with significant growth in beverage-alcohol and global cannabis net revenue. Despite Tilray's growth, the cannabis sector, including Cronos, experienced a downturn. Cronos does not pay dividends but may engage in buyback programs as a form of shareholder value return. The upcoming Benzinga Cannabis Capital Conference in Florida could be a significant event for cannabis industry stakeholders.

Portfolio Pulse from Henry Khederian

April 09, 2024 | 4:34 pm

CNXA

DOGZ

SLNA

TCTM

In Tuesday's intraday session, 12 consumer discretionary stocks showed significant movement. Notable gainers included Selina Hospitality (SLNA) with a 75.2% increase, and Connexa Sports Techs (CNXA) rising by 32.74%. On the losing end, Dogness (Intl) (DOGZ) fell by 15.6%, and TCTM Kids IT Education (TCTM) dropped by 10.23%. These movements reflect notable volatility within the consumer discretionary sector.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 4:31 pm

JD.Com shares are experiencing an uptick due to a general increase in the value of US-listed China stocks.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 4:31 pm