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Earnings

BTCUSD

ETHUSD

SPY

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed trading signals, with Ethereum completing the 'Dencun' upgrade. Dogecoin's value may rise as Tesla considers accepting it for payments. Hacken's market cap reaches $57M after unveiling a tokenized share offering. Bitcoin critic Peter Schiff expresses regret over not investing in Bitcoin earlier. Crypto miners see record profits amid a Bitcoin rally. US markets see mixed movements with Hello Group and others moving lower. Political and global events include potential lawsuits, defense decisions, and tech partnerships. Electric vehicle market updates include Tesla's plans and competition from Polestar. Consumer, communication, healthcare, general news, space, and energy sectors also see significant updates.

Portfolio Pulse from Akanksha Bakshi

March 14, 2024 | 1:13 pm

BBW

Build-A-Bear Workshop's shares increased following the announcement of Q4 earnings per share (EPS) that exceeded expectations, despite missing revenue forecasts. The company also projected revenue growth for FY24 in the low-to-mid-single-digit percentage range.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:11 pm

DKS

Dick's Sporting Goods Inc (NYSE:DKS) reported a 7.8% year-on-year sales growth for Q4 FY23, with sales of $3.876 billion surpassing the analyst consensus of $3.796 billion. Comparable store sales rose by 2.8%, and adjusted EPS of $3.85 exceeded expectations of $3.35. Gross and operating margins expanded, and the company announced a 10% increase in its quarterly dividend to $1.10 per share. For FY24, DKS forecasts EPS of $12.85 - $13.25 and net sales of $13 billion - $13.13 billion, with comparable store sales growth of 1% - 2%. Shares surged 7.47% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 14, 2024 | 1:10 pm

IPSC

Century Therapeutics (NASDAQ:IPSC) reported Q4 earnings with an EPS of $-0.65, missing estimates by -18.0% and showing a revenue decrease of $253 thousand from the previous year. This follows a pattern of missed EPS estimates in previous quarters, notably leading to a 7% drop in share price after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:10 pm

FSR

Fisker Inc (NYSE:FSR) shares plummeted following reports the EV maker is considering bankruptcy, with restructuring advisers from FTI Consulting and Davis Polk reportedly hired. This news follows Fisker's preliminary Q4 results and warnings of substantial doubt about its ongoing viability. Despite $272.9 million in sales last year and $395.9 million in cash and equivalents, Fisker faces over $1 billion in debt.

Portfolio Pulse from Adam Eckert

March 14, 2024 | 1:09 pm

GMGI

MOMO

VSME

WIMI

In Thursday's pre-market session, several Communication Services stocks showed notable movements. WiMi Hologram Cloud (WIMI) led the gainers with a 30.0% increase, while Hello Gr (MOMO) experienced the largest drop among the losers, declining by 19.6% following its Q4 earnings release. Other notable movements included Golden Matrix Group (GMGI) and VS Media Holdings (VSME) with significant gains, and HWH International (HWH) and Fangdd Network Group (DUO) among the losers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

APM

SPRB

In Thursday's pre-market session, several healthcare stocks showed significant movement. Aptorum Gr, Nuvectis Pharma, and Bright Green were among the top gainers, with shares increasing by 47.1%, 23.65%, and 20.99% respectively. On the losing side, Spruce Biosciences saw a dramatic drop of 78% following its Q4 earnings report. Other notable decliners include Kintara Therapeutics and Nuvation Bio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

FTCI

HOVR

PIXY

SIDU

SMR

STI

In Thursday's pre-market session, several industrials stocks showed significant movement. Gainers included ShiftPixy, New Horizon Aircraft, Sidus Space, NuScale Power, voxeljet, and Exela Technologies with increases ranging from 6.55% to 12.9%. Losers were Solidion Technology, Erayak Power Solution Gr, Royalty Management Hldgs, Pangaea Logistics Solns, FTC Solar, and Energy Vault Holdings, with decreases ranging from 7.9% to 28.8%. Notably, NuScale Power, Pangaea Logistics Solns, FTC Solar, and Energy Vault Holdings had recent earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

HEAR

PGY

PRST

In Thursday's pre-market session, 12 Information Technology stocks showed significant movements. Presto Automation, CCSC Technology, Turtle Beach, Auddia, BigBear.ai Hldgs, and MicroCloud Hologram were among the gainers, with Presto Automation leading with a 57.8% increase. On the downside, Pagaya Techs, Enfusion, Verb Tech, SentinelOne, CXApp, and Applied Optoelectronics experienced declines, with Pagaya Techs dropping 15.5%. Notably, Turtle Beach, Enfusion, and SentinelOne's movements were influenced by their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

GLUE

Monte Rosa Therapeutics (NASDAQ:GLUE) reported Q4 earnings with an EPS of $-0.58, missing estimates by -76.0% and showing no revenue change from the previous year. Last quarter, the company beat EPS estimates which was followed by a 3.0% drop in share price.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:05 pm