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AAOI

AKTS

ARQQ

EXFY

MVIS

In Friday's after-market session, several Information Technology stocks showed notable movements. Akoustis Technologies, Arqit Quantum, Microvision, NextNav, Applied Optoelectronics, and Expensify were among the gainers, with increases ranging from 4.89% to 5.0%. On the downside, OMNIQ, One Stop Systems, My Size, T Stamp, Argo Blockchain, and XTI Aerospace experienced declines between 2.59% and 3.9%.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:30 pm

JBL

Over the past 15 years, Jabil (NYSE:JBL) has produced an average annual return of 22.03%, outperforming the market by 9.18% annually. With a current market capitalization of $16.17 billion, a $1000 investment in JBL 15 years ago would be worth $18,416.21 today.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:30 pm

FCX

Over the past 5 years, Freeport-McMoRan (NYSE:FCX) has outperformed the market with an annualized return of 16.45%, averaging 28.43% annually. A $1000 investment in FCX 5 years ago would now be worth $3,613.59. The company's current market capitalization stands at $70.97 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:30 pm

GBHPF

NDVAF

SMG

Cannabis stocks experienced significant movements on April 12, 2024, with notable gainers including Indiva, Belgravia Hartford Cap, and Maple Leaf Green World, among others. Conversely, Global Hemp Group led the losers, followed by Elixinol Wellness and cbdMD. The fluctuations reflect the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:30 pm

MPW

Medical Properties Trust's shares are trading higher following the announcement of the sale of its majority interest in Utah Hospitals.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:28 pm

ARM

BKR

TSLA

Market volatility surged due to higher-than-expected inflation, spikes in oil and gold prices, and geopolitical tensions. The likelihood of a Federal Reserve rate cut in June has decreased significantly, while U.S. mortgage rates have risen. Consumer sentiment fell in April, and confidence in Tesla's CEO Elon Musk has declined. Ark Invest took a stake in OpenAI, and concerns about AI's future energy consumption were highlighted by Arm Holdings' CEO.

Portfolio Pulse from Piero Cingari

April 12, 2024 | 8:27 pm

MTEM

Molecular Templates Inc (MTEM) announced it will incur approximately $0.1M in pre-tax charges due to a workforce reduction effective April 30. This move aims to extend resources to support ongoing clinical studies for MT-6402, MT-8421, and MT-0169, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:26 pm

AEL

American Equity Investment Life Holding Co (AEL) announced that Axel André, the Executive Vice President and CFO, has notified the company of his intention to resign, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:25 pm

DSAQ

Direct Selling Acquisition Corp. (DSAQ) announced its intention to voluntarily delist its common stock and units from the NYSE and apply for listing on the Nasdaq Global Market. The move, expected to be completed by April 24, 2024, aims to reduce the management effort required to comply with NYSE standards, allowing the company to focus on a business combination with Hunch Technologies Limited. DSAQ expects the transition to Nasdaq to enable uninterrupted trading for its investors.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:17 pm

GLD

SPY

USO

Stocks declined due to uncertainty over potential rate cuts, while oil prices rose amid tensions in the Middle East, and gold prices continued to increase. The SPDR S&P 500 ETF Trust (SPY), United States Oil Fund (USO), and SPDR Gold Shares (GLD) are directly mentioned in relation to these market movements.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:12 pm