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Ford shares are trading higher after the company announced a delay in the launch of its three-row electric vehicles to 2027, alongside an expansion of its hybrid electric vehicle offerings.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:12 pm

CNFR

Conifer Holdings, Inc. (NASDAQ:CNFR) has initiated a capacity partnership with Accelerant to enhance its underwriting process through better risk assessment using Accelerant's Risk Exchange and analytics platform. This partnership aims to deliver tailored specialty insurance products to Conifer's niche commercial clients.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:06 pm

DTSS

Datasea Inc. (DTSS) has entered into a sales agreement with Shenzhen Xiaoranfang Marketing Co., Ltd. for the sale of up to approximately $8.45 million of its acoustic high tech products. This partnership aims to boost Datasea's product sales both domestically and internationally, including on U.S. platforms like Amazon. The agreement covers the sale of Datasea's 'Hailijia' and 'Star Dream' series, which include air disinfection machines and sleep aids. The partnership is expected to be a key driver of Datasea's future revenue growth.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:02 pm

PYZ

REGL

RPM

RPM International Inc. (NYSE:RPM) reported third-quarter FY24 results with a slight increase in sales and adjusted EPS beating consensus. Despite positive pricing and volume growth in certain segments, challenges like lower DIY consumer takeaway and tough comparables in disaster restoration offset revenue growth. Geographically, sales growth was strongest in emerging markets. Adjusted EBIT rose significantly, and the company returned $210.1 million to stockholders. RPM expects flat sales and an increase in adjusted EBIT for Q4 FY24. RPM shares are down 3.42%. Investors can also gain exposure through PYZ and REGL ETFs.

Portfolio Pulse from Lekha Gupta

April 04, 2024 | 2:02 pm

ALUR

EFTR

KWE

KYCH

TCBP

TVGN

U.S. stocks traded higher with the Dow Jones gaining over 100 points. Real estate shares led gains, while U.S. jobless claims rose to 221,000. TCBP surged 118% after announcing a letter of intent for an acquisition. ALUR jumped 61% following the commercial availability of its Virtual Care Suite and a positive analyst rating. TVGN gained 55% after a new executive appointment. EFTR, KYCH, and KWE saw significant drops due to various company-specific news.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 2:02 pm

DIS

Disney CEO Bob Iger commented on the use of the term 'woke', stating it is used too liberally. He emphasized the need for Disney to prioritize being an entertainment-first company, according to CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:01 pm

CELH

CELSIUS shares are trading higher following the announcement of the company's plans to expand its sales and distribution to France starting in Q4.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:00 pm

STOK

Stoke Therapeutics (NASDAQ:STOK) has seen a diverse range of analyst opinions, with recent assessments showing a shift towards more bullish sentiments. The average 12-month price target for STOK has risen to $20.33, marking a significant increase from the previous $12.75. This change reflects analysts' positive outlook on the company's performance and market position. Stoke Therapeutics is focused on developing RNA-based medicines for severe diseases, with its leading compound, STK-001, targeting Dravet syndrome. Despite a recent revenue decline of -14.26%, the company's financial indicators such as net margin and ROE outperform industry averages, suggesting strong financial health and efficient cost management.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 2:00 pm

CELH

CELSIUS announced its plans to expand sales and distribution to France starting in Q4, aiming to increase its market presence and revenue.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:00 pm

DIS

Disney CEO Bob Iger announced that Disney is bundling its streaming service with ESPN+, describing the move as very consumer-friendly, according to CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:55 pm