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BenzingaPublished 2026-09-15
“10-Year Hits 5% as Fed Meeting Kicks Off | PreMarket Playbook + T3 Live | September 15, 2026”
$BRNXNo side taken
BRNX debt elimination via EIB settlement is positive but slow to impact balance sheet; AI/data center theme offers potential upside if AI trade resurges.

It looks like maybe Bren X BRNX. This is going now. Looks like Gary's on this one. Uh this is an Israeli company. Let's see what is this doing here. All right. Bren X uh signs a strategic settlement with European Investment Bank EIB to eliminate approximately 4.8 million of debt and strengthen its balance sheet.

That's good news, but balance sheets turnaround takes some time. Bren X reing liabilities by 54% and 77% increase in shareholders equity. I'll tell you what, this reads great 13 off the surface.

Stocks up 14% on the back of this news. Short interest on this name 11.85%. That's with one day to cover. That's actually come down significantly. I wonder if they did no splits.

They're probably an offering though. But look at what the the company does. I think that's the most interesting part and it really plays into what we're still talking about with regard to uh data centers and AI.

This is this is one of those companies that uh you know could get a lot more attention on a resurgence of the AI trade.

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