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BRKR

Bruker Corporation's shares fell by 2.65% as the company began its investor webinar at 10:00 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 2:24 pm

BNRG

Brenmiller Energy Ltd. (NASDAQ:BNRG) shares surged after announcing a record project pipeline worth over $500 million, involving 49 potential contracts for its zero-emission heat technology. The company is progressing projects in 12 industries across 13 countries, with a significant portion in advanced negotiation stages.

Portfolio Pulse from Akanksha Bakshi

May 17, 2024 | 2:13 pm

ABAT

LAC

PLL

Piedmont Lithium, Lithium Americas, and American Battery Technology are well-positioned to benefit from the growing demand for lithium due to the energy transition. Insights from J.P. Morgan's discussions with these companies highlight their strategic positioning and potential upside.

Portfolio Pulse from Surbhi Jain

May 17, 2024 | 2:11 pm

XPL

Solitario Resources (NYSE:XPL) has discovered multiple high-grade gold zones at its Golden Crest project in South Dakota, leading to a significant increase in its share price. The newly found zones, Holland, Top Dollar, and Wildcat, have shown remarkable gold values, and further drilling is planned for June. The stock has surged over 10% on this news and is up 64% year-to-date.

Portfolio Pulse from Stjepan Kalinic

May 17, 2024 | 2:11 pm

HIG

Hartford Finl Servs Gr (NYSE:HIG) has outperformed the market over the past 15 years with an average annual return of 13.78%, resulting in a significant growth in investment value. A $1000 investment in HIG 15 years ago would be worth $6,830.89 today.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 2:00 pm

GE

GE Aero (NYSE:GE) has outperformed the market over the past 5 years, producing an average annual return of 26.55%. A $1000 investment in GE 5 years ago would be worth $3,272.20 today. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 2:00 pm

BDWBY

Budweiser APAC (OTC: BDWBY) reported a 0.4% decline in Q1 revenues and a 3.4% drop in profits, primarily due to decreased sales in China and South Korea. Despite a focus on high-end beers, competition in the premium beer market is intensifying. Analysts expect potential earnings improvement in the second half of the year.

Portfolio Pulse from The Bamboo Works

May 17, 2024 | 2:00 pm

AIRR

NBSM

RBC

RBC Bearings (NYSE:RBC) shares are trading higher after reporting strong Q4 FY24 results, with net sales up 4.9% Y/Y to $413.7 million, beating expectations. Aerospace/Defense revenue grew 16.8% Y/Y, while Industrial revenue slightly declined. Adjusted EPS increased 16.0% Y/Y to $2.47, surpassing estimates. The company expects strong performance in Q1 FY25 with net sales forecasted between $415.0 million and $420.0 million. Investors can also gain exposure through ETFs like AIRR and NBSM.

Portfolio Pulse from Lekha Gupta

May 17, 2024 | 1:51 pm

CAN

IEMG

VXUS

Canaan Inc (NASDAQ:CAN) reported a fiscal Q1 2024 revenue decline of 36.5% YoY to $35.09 million, beating the analyst consensus estimate of $30.10 million. The earnings per ADS loss of $(0.16) also beat the analyst consensus estimate loss of $(0.36). The stock price gained after the report. The company sold a total computing power of 3.4 million Thash/s and held $54.7 million in cash and equivalents as of March-end. Canaan's Bitcoin holdings surpassed 1,000 for the first time, reaching 1,057 Bitcoins. The company introduced new A1566 mining machines and maintained a revenue outlook of $70 million for Q2 2024. Canaan stock plunged 55% in the last 12 months. Investors can gain exposure to the stock via Vanguard Total International Stock ETF (NASDAQ:VXUS) and iShares Core MSCI Emerging Markets ETF (NYSE:IEMG).

Portfolio Pulse from Anusuya Lahiri

May 17, 2024 | 1:39 pm

MSFT

Microsoft plans to release the latest installment of Call of Duty on its Game Pass subscription service at launch this fall, marking a significant shift in its videogame sales strategy. This move follows the $75 billion acquisition of Activision Blizzard.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 1:19 pm