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TLRY

Tilray Brands has expanded its product line by introducing new cannabis flower products under its Good Supply 'Bud Squad' range. This move is aimed at enhancing its market presence and meeting the growing consumer demand for diverse cannabis options.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 11:10 am

TMHC

Taylor Morrison has announced the opening of its new Trailstone community in Arvada, marking a significant expansion in its real estate portfolio.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 11:06 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares surged 12.32% in premarket trading despite missing Q1 earnings and revenue expectations for the third consecutive quarter. The surge is attributed to the core auto gross margin exceeding analyst estimates, possibly due to one-time recognition of revenue from deferred full self-driving (FSD) sales. Despite concerns over potential negative sales growth in 2024, Elon Musk's positive outlook on future sales and the launch of more affordable vehicle models by early 2025 boosted investor confidence. Analysts' reactions were mixed, with BofA Securities upgrading Tesla to Buy, Mizuho Securities maintaining a Neutral rating but lowering the price target, and Needham reiterating a Hold rating.

Portfolio Pulse from Shanthi Rexaline

April 24, 2024 | 11:05 am

HOOK

HOOKIPA Pharma has received FDA clearance for its investigational new drug application for HB-700, a therapeutic vaccine targeting KRAS-mutated cancers. This marks a significant step forward in the development of treatments for cancers with these mutations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 11:02 am

WNC

Wabash National (WNC) reaffirms its FY24 revenue outlook of $2.2B-$2.4B, aligning with a $2.25B estimate, and maintains its EPS guidance range of $2.00-$2.50, versus a $2.19 estimate. The company views 2024 as crucial for strategic advancement, focusing on strengthening its competitive position through its dealer network and the integration of digital solutions, including the development of the Wabash Marketplace digital platform.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 11:00 am

GSK

The FDA has accepted GSK's supplemental Biologics License Application for Jemperli (dostarlimab) in combination with standard-of-care chemotherapy to expand its treatment to all adult patients with primary advanced or recurrent endometrial cancer. This acceptance could potentially broaden the patient base for Jemperli, enhancing its market potential.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:58 am

CNX

CNX Resources and Deep Well Services have formed a joint venture to create AutoSepSM Technologies, an oilfield service company aimed at significantly improving conventional flowback operations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:49 am

SPY

TSLA

U.S. stock markets closed higher, driven by strong earnings and interest in growth stocks, with Tesla's stock surging 6% after hours despite lower-than-expected revenue. The S&P Global composite PMI dropped, while new home sales rose. Asian and European markets also saw gains, with Japan's Nikkei 225 leading. Commodities saw mixed results, and the U.S. dollar index rose.

Portfolio Pulse from Akanksha Bakshi

April 24, 2024 | 10:47 am

AMBO

Ambow Education presented its HybriU AI education technology and solutions at an open house event at the NewSchool of Architecture & Design in San Diego, showcasing its innovative approach to education.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:44 am

BTCUSD

10x Research predicts a Bitcoin (BTC) breakout above $73,000 could lead to prices between $81,000 to $83,000, citing the need for a new narrative to drive prices beyond old highs. The analysis draws on George Soros's investment philosophy and highlights the impact of U.S. inflation and tech stocks on Bitcoin. Potential bullish narratives include a U.S. debt explosion and the upcoming Presidential Election. The report also mentions the importance of Bitcoin as an institutional asset class to be discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Khyathi Dalal

April 24, 2024 | 10:35 am