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Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a sharp decline ahead of the Federal Reserve's interest rate decision. The S&P 500 and Nasdaq 100 closed at record highs, led by a significant surge in Apple Inc. (AAPL). Analysts suggest that the cryptocurrency market often corrects before such events and may resume its uptrend afterward.

Portfolio Pulse from Aniket Verma

June 12, 2024 | 2:02 am

STRM

Streamline Health has reiterated its expectation to achieve a $15.5 million implemented SaaS ARR and an adjusted EBITDA breakeven run rate during the second half of FY24. However, due to the unpredictability of new contract closings, the company has not provided specific guidance on the timing of bookings.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:49 pm

STRM

Streamline Health Solutions shares are trading lower after the company reported worse-than-expected Q1 EPS results.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:46 pm

ESI

Element Solutions has revised its Q2 adjusted EBITDA expectations to approximately $135 million, up from the prior view of $125 million. The company attributes this to the strength in its electronics business and improved profitability. Despite a generally weaker industrial environment, Element Solutions expects to generate record adjusted EBITDA in 2024.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:40 pm

ESI

Element Solutions has increased its FY24 adjusted EBITDA outlook from $515M-$530M to $530M-$545M and now expects 2024 adjusted EPS of $1.40-$1.46, surpassing the estimated $1.39.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:37 pm

CASY

Caseys General Stores shares are trading higher after the company reported better-than-expected Q4 financial results and increased its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:35 pm

STRM

Streamline Health Solutions (NASDAQ: STRM) reported a Q1 EPS of $(0.05), missing the $(0.04) estimate, while sales of $4.33M beat the $4.31M estimate. Sales decreased by 18.79% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:32 pm

CASY

Casey's General Stores (NASDAQ:CASY) reported Q4 2024 earnings per share (EPS) of $2.34, significantly beating the analyst estimate of $1.72. The company also reported sales of $3.600 billion, surpassing the expected $3.479 billion and marking an 8.14% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:31 pm

GOOG

GOOGL

ORCL

Oracle Corp (NYSE:ORCL) reported Q4 earnings, missing revenue and EPS estimates. Despite this, the stock surged due to strong AI demand, a significant contract with OpenAI, and a new partnership with Google Cloud. Oracle's cloud revenue showed substantial growth, and the company expects continued strong AI demand to drive future sales. Oracle also declared a quarterly dividend.

Portfolio Pulse from Adam Eckert

June 11, 2024 | 8:27 pm

VTGN

Vistagen reported a net loss of $29.4 million for FY24, an improvement from the $59.2 million loss last year. The company had $119.2 million in cash and cash equivalents as of March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:23 pm