A week before releasing its earnings report, an activist investor has taken a stake in Cheesecake Factory (NASDAQ:CAKE) and is reportedly urging the company to spin off three smaller brands into a separate public entity. Following the report, the company shot up during…
Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher premarket today. On Wednesday, the company disclosed the addition of a last-minute Electron launch, named ‘Changes In Latitudes, Changes In Attitudes,’ to its manifest. The commercial mission is set to launch…
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when…
Shares of DocuSign, Inc. (NASDAQ:DOCU) rose sharply in today's pre-market trading. DocuSign will replace MDU Resources Group Inc. (NYSE:MDU) in the S&P MidCap 400, effective prior to the opening of trading on Friday, Oct. 11. DocuSign shares jumped 5.7% to…
Global semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Infineon Technologies, Samsung Electronics, and SK Hynix, are monitoring supplies of high-purity quartz after Hurricane Helene halted production at two leading North Carolina mines, Sibelco and Quartz Corp SCMP reports. Quartz is a critical component used…
On Thursday, Pasithea Therapeutics Corp. (NASDAQ:KTTA) announced safety, tolerability, pharmacokinetic (PK), and preliminary efficacy data from the first 2 cohorts of patients (n=6) in its Phase 1 trial of PAS-004 in patients with MAPK pathway-driven advanced solid tumors with a documented…
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices…
SpaceX CEO Elon Musk said on Thursday that the rocket manufacturing company intends to offer a trip to Mars to anyone who volunteers in the future but warned that the journey might be uncomfortable. What Happened: “In all seriousness, SpaceX…
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst…
Visa Inc. (NYSE:V) reportedly Visa plans to introduce a dedicated service for account-to-account (A2A) payments, bypassing the traditional and often rigid direct debit process. The product is set to launch in the U.K. in early 2025, with subsequent rollouts in…
