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Earnings

AAPL

BA

INTC

NKE

UNH

Jim Cramer reviewed the Dow Jones Industrial Average's five worst-performing stocks in Q1 2024 on CNBC's 'Mad Money'. The stocks include Boeing, Nike, Intel, Apple, and UnitedHealth Group. Despite their poor performance, Cramer believes these companies could be at a turning point. He highlighted Boeing's plane malfunctions, Nike's competition challenges, Intel's potential rally, Apple's long-term value despite short-term challenges, and UnitedHealth's strong management despite facing higher medical costs.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 4:13 am

CXAI

DJT

MU

TSLA

WBA

In Monday's trading session, the stock market saw mixed results with the Dow Jones falling and NASDAQ rising. Trump Media & Technology Group, CXApp Inc., Micron Technology, Walgreens Boots Alliance, and Tesla were among the most notable stocks. Trump Media disclosed significant losses, CXApp surged after a partnership with Google Cloud, Micron Technology gained on positive performance, Walgreens dropped but showed potential for a bullish future, and Tesla slightly fell amidst competition.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 3:47 am

SHFS

Safe Harbor Financial (NASDAQ:SHFS), a key player in financial services for the cannabis industry, reported a significant increase in its annual revenue for 2023, with a 85.3% rise to $17.6 million from $9.5 million in 2022. The company also saw a 25% increase in Q4 revenue to $4.5 million and a 176.9% surge in Adjusted EBITDA to $3.6 million. This growth is attributed to new product introductions, an increase in deposit and activity income, and the acquisition of Rockview Digital Solutions Inc. Despite these positive results, SHFS's stock dropped by 3.63% to $0.93 per share.

Portfolio Pulse from Nicolás Jose Rodriguez

April 02, 2024 | 1:35 am

CLVR

CLVRW

Clever Leaves Holdings Inc. (NASDAQ:CLVR) (NASDAQ:CLVRW) reported a 6% revenue increase for the full year ended December 31, 2023, with a notable 39% rise in cannabinoid revenue. The fourth quarter saw a 5% revenue increase to $4.6 million, driven by the cannabinoid segment's 29% growth. Operational improvements included a significant increase in harvest volume. The company also completed the sale of its Non-Cannabinoid Herbal Brands Business for $8.02 million on March 21, 2024, as part of its strategic focus on core operations.

Portfolio Pulse from Nicolás Jose Rodriguez

April 02, 2024 | 1:24 am

DJT

Trump Media & Technology Group (TMTG) has filed its first 10-K report, marking its operation as a public company. CEO Devin Nunes highlighted the company's strong financial position with no debt and over $200 million in the bank, post-merger. TMTG aims to expand and enhance Truth Social, positioning it as a leading free-speech platform.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:03 pm

GOEV

Canoo Inc. (NASDAQ:GOEV) reported mixed Q4 results with adjusted losses of $1.73 per share, beating estimates, but sales of $367,000 missed expectations. The company produced 22 vehicles in 2023, with 17 in Q4. CEO Tony Aquila highlighted the start of commercial fleet deliveries and the FTZ designation for the OKC facility. Canoo anticipates 2024 revenues between $50 million and $100 million and plans to continue acquiring distressed assets. Post-results, GOEV shares dropped 24.81% in after-hours trading.

Portfolio Pulse from Erica Kollmann

April 01, 2024 | 9:56 pm

ASTS

AST SpaceMobile (NASDAQ:ASTS) reported Q4 earnings with a significant miss on estimated earnings by -52.0%, posting an EPS of $-0.35 against an estimate of $-0.23. Revenue remained unchanged from the same period last year. Despite a past performance of missing EPS estimates last quarter followed by a 24.0% share price increase, this report presents a stark contrast.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 9:45 pm

OMQS

OMNIQ (NASDAQ:OMQS) reported Q4 earnings with an EPS of $-0.25, beating estimates by 4.0% but with a revenue decrease of $9.55 million from the previous year. The company had previously missed EPS estimates last quarter, resulting in a 9.0% share price drop the following day. OMNIQ's earnings performance over the past year shows a consistent shortfall in EPS compared to estimates, with a fluctuating revenue performance.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 9:40 pm

BLBX

Blackboxstocks (NASDAQ:BLBX) reported Q4 sales of $781.16K, surpassing the $700K estimate by 11.59%, but marking a 26.86% decrease from $1.07M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 9:36 pm

MVST

Microvast Holdings Inc (NASDAQ:MVST) reported Q4 financial results with a 61.4% year-over-year revenue increase to $104.58 million, surpassing estimates. The company also beat EPS estimates with an adjusted loss of 4 cents per share. Gross margin improved significantly to 22%. The company provided a positive outlook for Q1 with expected revenue growth of 40% to 60% and a gross margin target of 20% to 25%. Despite these positive results, MVST shares dropped 11.17% after hours.

Portfolio Pulse from Adam Eckert

April 01, 2024 | 9:29 pm