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VVOS

Vivos Therapeutics has announced a registered offering of $4.3 million, selling 1.36 million shares at $3.15 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:13 am

AER

AerCap Holdings has announced a new $500 million share repurchase program, set to run through March 31, 2025. This move indicates confidence in the company's financial health and could positively impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:10 am

CGBS

GTE

VIVK

The article highlights three oversold energy stocks with potential for gains: Gran Tierra Energy, Vivakor, and Crown LNG Holdings. These stocks have low RSI values, indicating they may be undervalued and present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 11:07 am

BBGI

Beasley Broadcast Group has approved a reverse stock split at a ratio of 1-for-20, which will consolidate every 20 shares into one share. This move is often used to increase the stock price and maintain compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:06 am

FDX

QQQ

SCS

SPY

U.S. stocks are poised for a relief rally following the Federal Reserve's 50 basis-point rate cut. Traders are focusing on jobless claims and FedEx earnings. Tech and small-cap stocks are expected to rally, although strategists warn of a potential tech cool-off. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw premarket gains. Analysts suggest value and defensive stocks may outperform in the coming months.

Portfolio Pulse from Shanthi Rexaline

September 19, 2024 | 10:53 am

HAIL

PBW

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading higher premarket as the company plans to showcase its latest technologies at the Paris Motor Show 2024. XPeng aims to expand its European presence with AI-driven solutions and has asked suppliers to increase parts capacity for its popular M03 model. XPEV stock has lost around 50% in the past year, but is up 6.94% premarket. Investors can also gain exposure through SPDR S&P Kensho Smart Mobility ETF (NYSE:HAIL) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 10:52 am

BABA

META

Alibaba's shares rose 4% in premarket trading after unveiling over 100 new AI models and a text-to-video tool. The models, named Qwen 2.5, are open-source and designed for various applications, enhancing Alibaba's AI capabilities. The company aims to rival major players like Microsoft and Amazon by expanding its AI offerings.

Portfolio Pulse from Benzinga Neuro

September 19, 2024 | 10:32 am

HDRO

HYDR

PLUG

Plug Power Inc. (NASDAQ:PLUG) shares are surging premarket after securing a 25 MW order for its electrolyzer systems from BP and Iberdrola's joint venture. This project aims to decarbonize BP's Castellón refinery in Spain, marking the start of a long-term collaboration. Plug Power also received a $10 million grant from the U.S. Department of Energy for hydrogen refueling infrastructure. Investors can access the stock via Global X Hydrogen ETF (NASDAQ:HYDR) and ETF Series Solutions Defiance Next Gen H2 ETF (NYSE:HDRO).

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 10:21 am

MVPA

OCTA

TTE

TotalEnergies has extended its LNG deal with CNOOC by five years, securing long-term sales in Asia and reducing exposure to spot market gas prices. The company also signed a 10-year LNG deal with BOTAŞ and formed a joint venture with Adani Green for a solar project in India.

Portfolio Pulse from Lekha Gupta

September 19, 2024 | 10:14 am

BTCUSD

ETHUSD

Michaël van de Poppe, a cryptocurrency analyst, predicts a bull market for Bitcoin, Ethereum, and DeFi following the Federal Reserve's decision to cut interest rates by 50 basis points. He anticipates further rate cuts, which he views as bullish for cryptocurrencies. Bitcoin and Ethereum have seen price increases following the announcement.

Portfolio Pulse from Benzinga Neuro

September 19, 2024 | 10:07 am