Streetbeat News

Earnings

NKLA

Nikola Corporation announced the production of 43 hydrogen fuel cell electric trucks and the wholesale of 40 trucks in the first quarter of 2024. This marks a significant step in the company's efforts to lead in the hydrogen fuel cell electric vehicle market.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:06 pm

RELI

Reliance Global Group reported its FY sales at $13.7M, an increase from $11.8M year-over-year. However, the company experienced a significant shift from a net income of $6.5M last year to a net loss of $12.0M this year.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:06 pm

FNA

Paragon 28 announced its preliminary Q1 net revenue to be between $60.8M and $61.1M, surpassing the estimated $60.11M.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:03 pm

JNVR

Janover Inc (NASDAQ:JNVR), an AI-powered real estate platform, reported a 73% increase in organic website traffic in 2023 compared to the previous year, achieving over 100 million organic impressions on Google. The company attributes this growth to its effective search engine optimization (SEO) strategies, which have driven inbound loan applications and lender engagement without incremental costs. Additionally, Janover announced the launch of Janover Insurance Group, a subsidiary expected to benefit from the company's marketing funnel and generative AI applications.

Portfolio Pulse from Vandana Singh

April 04, 2024 | 12:02 pm

APPS

DBX

IDCC

LUNA

MDB

The article highlights the top 5 oversold tech stocks in the information technology sector, presenting a potential buying opportunity for undervalued companies. Oversold status is determined by the RSI, a momentum indicator, with a value below 30 indicating oversold conditions. The stocks mentioned are Luna Innovations (LUNA), InterDigital (IDCC), Dropbox (DBX), Digital Turbine (APPS), and MongoDB (MDB), each with recent significant events affecting their stock prices and RSI values.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 12:01 pm

CASA

FLGC

HWH

Flora Growth Corp. (NASDAQ:FLGC) shares fell by 20.2% in pre-market trading following the announcement of a proposed underwritten public offering of common shares. Other stocks also showed significant movement in pre-market trading, with HWH International Inc. (NASDAQ:HWH) rising 175% and Casa Systems, Inc. (NASDAQ:CASA) declining 20.8%. Various factors influenced these movements, including earnings reports, merger agreements, and public offerings.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 11:58 am

CAG

Conagra Brands' stock price increased following the announcement of their third-quarter financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:46 am

TRIB

Trinity Biotech reported a Q4 EPS of $(0.72), improving from $(1.33) YoY, but missed sales estimates with $13.43M against the expected $15.00M. This represents a 25.55% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:42 am

TW

Tradeweb Markets reported a significant increase in trading volume for March 2024, with a total of $36.2T and an average daily volume of $1.81T, marking a 19.9% increase YoY. For Q1 FY2024, the total trading volume reached $116.9T with an average daily volume of $1.90T, up 39.1% YoY.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:41 am

CAG

Conagra Brands has reaffirmed its fiscal year 2024 guidance, expecting a sales decline of 1% to 2% and an adjusted EPS in the range of $2.60 to $2.65, compared to the estimated $2.6.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:35 am