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DIS

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FUBO

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FuboTV Inc (NYSE:FUBO) reported fiscal Q1 2024 results with a 24% Y/Y sales increase to $402.4 million, surpassing analyst estimates. Adjusted EPS loss improved to $(0.11), beating expectations. The company saw significant growth in North America with a 24% revenue increase and an 18% rise in paid subscribers. FuboTV remains optimistic about its antitrust lawsuit against The Walt Disney Co (NYSE:DIS), FOX Corp (NASDAQ:FOX), and Warner Bros. Discovery Inc (NASDAQ:WBD). FuboTV's stock fluctuated, opening with a 10% premarket gain but closing down 5.16% at $1.46. The company's performance and legal confidence could impact its stock and those of DIS, FOX, and WBD. FUBO is also featured in ProShares Trust ProShares Metaverse ETF (NYSE:VERS) and IShares Robotics And Artificial Intelligence Multisector ETF (NYSE:IRBO).

Portfolio Pulse from Anusuya Lahiri

May 03, 2024 | 2:10 pm

CTRA

Coterra Energy announced during a conference call that they do not plan to bring any projects online in the Marcellus region during Q2, leading to lower gas volumes quarter-over-quarter before stabilizing in the second half of 2024. The company is currently operating with one rig and one reduced frac crew in the Marcellus, focusing on decelerating activity and reducing costs due to challenging near-term gas markets.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 2:07 pm

LNTH

Lantheus Holdings (NASDAQ:LNTH) received varied analyst ratings, with a recent shift towards more bullish views. The average 12-month price target was raised to $95.4, reflecting a 9.97% increase from the previous target. Analysts from firms like Truist Securities and Mizuho have raised their price targets, indicating a positive outlook on the company's performance. Lantheus Holdings, specializing in diagnostic products for healthcare, has shown strong financial performance with significant revenue growth, high net margin, and effective debt management.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 2:01 pm

GOOG

GOOGL

Alphabet Inc.'s Google has released ChromeOS M124, a significant update for Chromebooks featuring a redesigned Settings app, a new 'Wallpaper and style' option, faster Split Screen Setup, and a Quality of Service (QoS) feature for better Wi-Fi connectivity during video calls and gaming. The update also includes support for Fast Pair with mice and an option to increase cursor size, aiming to enhance productivity and user experience.

Portfolio Pulse from Benzinga Neuro

May 03, 2024 | 1:50 pm

AAPL

Elon Musk, CEO of Tesla Inc. and xAI founder, responded to tech YouTuber Marques Brownlee (MKBHD) on X, critiquing Apple Inc.'s Siri for its performance. This exchange follows Apple's Q2 2024 earnings call, where dissatisfaction with Siri was highlighted, despite CEO Tim Cook's optimism about AI developments. Apple plans to unveil Siri 2.0 with generative AI capabilities at its Worldwide Developers Conference (WWDC) in June, as part of iOS 18, aiming to significantly enhance its AI strategy.

Portfolio Pulse from Rounak Jain

May 03, 2024 | 1:32 pm

MARA

Marathon Digital's stock price increased following the announcement of their Bitcoin production and mining updates for April.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 1:27 pm

BTCUSD

Crypto expert Alex Wacy predicts a 'W-shaped reversal' for Bitcoin, suggesting it has bottomed at $52,000 and forecasting a rise to $62,000, then a drop below $56,500, before surging over $70,000. This movement could signal the start of an 'altseason,' indicating a significant market shift. Wacy advises buying Bitcoin in parts and highlights the potential for altcoins, suggesting a favorable risk-reward for investors.

Portfolio Pulse from Khyathi Dalal

May 03, 2024 | 1:23 pm

SGBX

Safe & Green Holdings Corp. (SGBX) shares surged following the announcement that its SG Echo subsidiary is set to deliver its first sustainable modular unit to a major quick-service restaurant in the Pacific Northwest.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 1:19 pm

ALCC

EQIX

FANG

LEU

The upcoming acquisition of Oklo Inc. by AltC Acquisition Corp. (NYSE:ALCC) is generating significant interest, with comparisons to the DJT stock surge post-merger. Reddit users anticipate a similar 'rocket fuel' rally for ALCC, driven by Sam Altman's involvement and the clean energy focus of Oklo. Oklo has shown strong business momentum, with partnerships and approvals bolstering its position. The special meeting for AltC stockholders to approve the merger is set for May 7, 2024.

Portfolio Pulse from Surbhi Jain

May 03, 2024 | 1:17 pm

DHR

Curiox Biosystems and Beckman Coulter Life Sciences have announced a partnership to integrate Curiox's C-FREE technology with Beckman Coulter's DURA Innovations. This collaboration aims to enhance flow cytometry by offering hands-free washed sample preparation, potentially improving efficiency and accuracy in laboratories.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 1:09 pm