Streetbeat News

Earnings

ANGI

DRCT

GDC

The article highlights the top 5 oversold tech and telecom stocks in the communication services sector, based on their RSI values being near or below 30. These include Angi Inc. (ANGI), Direct Digital Holdings, Inc. (DRCT), AT&T Inc. (T), Electronic Arts Inc. (EA), and GD Culture Group Limited (GDC). The stocks have seen significant price drops over the past month, presenting potential buying opportunities for undervalued companies.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 12:20 pm

VHAI

Vocodia Holdings Corp (CBOE: VHAI) provided a corporate update highlighting its growth since going public, including strategic partnerships, technological advancements in AI, and financial milestones. The company has launched AI service platforms in global automobile dealerships and a major utility provider, aiming to enhance operational efficiency and customer interaction. With a successful IPO raising $5.95 million and insider investments of $400,000, Vocodia is focusing on expanding its conversational AI technology to redefine customer service standards.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:19 pm

IAK

KBWP

TRV

Travelers Companies (NYSE:TRV) reported Q1 earnings with a core income per share of $4.69, missing the consensus forecast of $4.90, despite an 8% increase in net written premiums and a 16% increase in total revenues. The company faced elevated catastrophe losses of $712 million pre-tax due to severe wind and hail storms, leading to a stock decline. The Board declared a 5% increase in the quarterly dividend to $1.05 per share. TRV shares are down 3.20% in premarket trading. Exposure to TRV can also be gained through Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) and iShares U.S. Insurance ETF (NYSE:IAK).

Portfolio Pulse from Anusuya Lahiri

April 17, 2024 | 12:19 pm

WINT

Windtree Therapeutics (NASDAQ:WINT) reported a Q4 2023 GAAP EPS loss of $(0.95), missing the consensus estimate of $(0.94) by 1.06%.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:19 pm

PLD

Prologis (NYSE:PLD) reported its Q1 2024 Core FFO at $1.28 per share, meeting analyst estimates, with a 4.92% increase from the previous year. However, its sales of $1.828 billion fell short of the $1.865 billion estimate, marking a 1.99% miss but an 11.87% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:08 pm

INVO

OTRK

SAGE

In Wednesday's pre-market session, health care stocks saw significant movements. INVO Bioscience led the gainers with a 93.4% increase following their Q4 earnings release. Other notable gainers include Clene, Galera Therapeutics, Vanda Pharma, Chromocell Therapeutics, and BIMI Intl Medical. On the losing side, Sage Therapeutics saw the largest drop of 19.4%, followed by declines in Ontrak, China SXT Pharmaceuticals, Dynatronics, Etao International Co, and Precision BioSciences.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

AGFY

BEEM

CTRM

ISUN

In Wednesday's pre-market session, several industrials stocks showed significant movement. Agrify (AGFY) led the gainers with a 65.9% increase following its Q4 earnings report. Other notable gainers include Pineapple Energy (PEGY), Complete Solaria (CSLR), and Beam Global (BEEM), with their stocks rising due to various factors. On the losing side, iSun (ISUN) experienced the largest drop of 12.7% after its Q4 earnings release, followed by Castor Maritime (CTRM) and Dragonfly Energy Holdings (DFLI). The movements were largely influenced by recent earnings reports.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

ASML

CXAI

VIAO

In Wednesday's pre-market session, several information technology stocks showed significant movement. VIA optronics (VIAO) led the gainers with an 84.7% increase, while ASML Holding (ASML) experienced the largest drop among the losers, declining by 11.9%. Earnings reports influenced some of these movements, notably for CXApp (CXAI) and ASML Holding.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 12:08 pm

PLD

Prologis (NYSE:PLD) reported Q1 earnings of $1.28 per share, meeting analyst estimates and marking a 4.92% increase from last year. However, their sales of $1.83 billion fell short of the expected $1.87 billion, a 2.25% miss, though it was an 11.87% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:07 pm

ASML

CPRI

FSM

JBHT

PSNY

QRTEA

SAGE

URBN

J B Hunt Transport Services Inc reported lower-than-expected Q1 earnings and revenue, leading to a 6% drop in pre-market trading. Other stocks also moved lower, including Qurate Retail, ASML Holding, Capri Holdings, Sage Therapeutics, Urban Outfitters, Polestar Automotive, and Fortuna Silver Mines, due to various negative reports and earnings misses.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 12:07 pm