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Revenues

CTRN

Citi Trends reported preliminary Q1 2024 results with total sales of $186.3 million, slightly below the estimated $187.37 million. The company saw a same-store sales increase of 3.1% but reported an EBITDA loss of $0.8 million. Further details will be discussed in an investor call on June 4th, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:34 pm

SPY

US Personal Spending for April increased by 0.2%, which is below the estimated 0.3%.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:31 pm

ADAUSD

BTCUSD

ETHUSD

SOLUSD

XRPUSD

The 're-staking' trend in the cryptocurrency market has attracted over $18 billion in assets, driven by investors seeking higher returns. Seattle-based EigenLayer has been a key player, with its platform's assets surging from $400 million to $18.8 billion in six months. Despite the potential risks, the practice continues to gain popularity amid broader optimism in the crypto market.

Portfolio Pulse from Benzinga Neuro

May 31, 2024 | 12:28 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is set to unveil its AI strategy at the upcoming Worldwide Developers Conference (WWDC) in June, focusing on Siri. The new AI features in iOS 18 may require the latest iPhone 15 Pro models with the A17 Pro chipset. This could be a barrier for users with non-Pro models. Apple's shares were down 0.08% in premarket trading.

Portfolio Pulse from Rounak Jain

May 31, 2024 | 12:21 pm

NIO

Nio Energy, a subsidiary of Nio Inc., has secured a $200 million investment from investors. This significant funding is expected to bolster Nio's energy business and support its growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:10 pm

HAO

Haoxi Health Technology reported a significant increase in its financial performance for the six months ended December 31, 2023. The company's revenue rose by 157% to $23.5 million, and its net income increased by 70% to $0.76 million compared to the same period in 2022. The CEO expressed optimism about future growth driven by innovative online marketing solutions.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:06 pm

BKSY

BlackSky Technology Inc. (NYSE:BKSY) has secured a $7 million contract renewal to provide space-based imagery and analytics monitoring services to an international government customer. The contract highlights BlackSky's capability to deliver high-frequency, low-latency imagery and analytics with a software-first approach.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:03 pm

INDA

India's Gross Domestic Product (GDP) for Q4 grew by 7.8% year-over-year, surpassing the estimated 6.7% and slightly below the prior quarter's 8.4%.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:02 pm

BNOX

Bionomics Limited has announced a private placement of American Depositary Shares (ADSs) with an institutional investor, aiming to raise up to $70 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:02 pm

XOMA

Analysts have provided a range of ratings for XOMA (NASDAQ:XOMA) over the past three months, with the majority being bullish. The average 12-month price target has declined by 9.19% to $67.2. XOMA has shown significant revenue growth but faces challenges with high debt levels.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 12:00 pm