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MUSQ

SONO

SONY

SPOT

The 2024 iHeartRadio Music Awards featured performances from a wide array of artists, with Beyonce receiving the Innovator Award and Cher the Icon Award. Taylor Swift won Artist of the Year among her six trophies. The music industry's revenue rose to $28.6 billion last year, with streaming services like Spotify adding 31 million premium users despite a 10% price increase. The MUSQ Global Music Industry ETF, which includes Spotify, Apple, Sonos, Universal Music Group, and Sony, offers exposure to the growing music industry.

Portfolio Pulse from Johnny Rice

April 04, 2024 | 12:51 pm

LW

Lamb Weston projects Q4 net sales to be between $1.69B-$1.75B, below the estimated $1.841B. The company anticipates Adjusted EBITDA of $350M-$375M, with earnings growth driven by higher net sales and Adjusted Gross Profit, despite Adjusted SG&A costs of $190M-$195M.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:50 pm

SPY

Exports for April increased to $263 billion from $257.2 billion in the previous month, indicating a positive trend in trade.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:31 pm

SPY

The USA trade balance for February reported a deficit of $68.90 billion, exceeding the estimated deficit of $66.90 billion and the previous month's deficit of $67.60 billion.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:30 pm

PAPL

Pineapple Financial Inc. (NYSE:PAPL) announced the launch of PineappleONE, a comprehensive deal management system for mortgage brokers. This system streamlines the entire mortgage deal process, from origination to submission, by automating tasks, reducing errors, and ensuring accuracy and efficiency. PineappleONE's advanced features, including lender-specific notes generation and document merging, are expected to significantly increase the company's gross revenue and net profit margin over the next twelve months. The technology, developed by Pineapple's award-winning team, positions Pineapple at the forefront of innovation in the Canadian mortgage industry and is anticipated to enhance agent recruitment as the company expands in 2024.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:27 pm

GRRR

Gorilla Technology Gr (NASDAQ:GRRR) reported a significant increase in sales, reaching $64.69 million this quarter, up 188.70% from $22.41 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:23 pm

MNTX

Manitex International, Inc. (NASDAQ:MNTX) announced the first deliveries of the PM 70.5 SP articulated truck mounted crane, a new addition to PM Group's 65 series. The crane, designed for multiple industries, has been launched in Europe with plans for North American availability next year. Five units were delivered in Italy in Q1 2024, with expectations for growing sales momentum. The introduction of the PM 70.5 SP aligns with Manitex's strategy to expand PM Group product distribution in North America, aiming to increase market penetration.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:19 pm

PRSO

Peraso announced receiving an additional $2.88 million purchase order, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:18 pm

BWAY

BrainsWay Ltd. (NASDAQ: BWAY) announced results from a review article published in Frontiers of Human Neuroscience, highlighting the potential of Deep Transcranial Magnetic Stimulation (Deep TMS) to treat Parkinson's Disease (PD). The review, which summarized data from six studies involving 220 patients, showed clinically meaningful improvements in motor and non-motor symptoms. The company emphasized the need for further research, noting that Deep TMS is not yet FDA cleared for treating PD.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:12 pm

JBLU

JetBlue Airways Corporation (NASDAQ:JBLU) shares rose in premarket trading on Thursday after announcing the expansion of its Paris service with an inaugural flight from Boston. This addition builds on the success of its New York-Paris route and strengthens its transatlantic presence. The company also disclosed plans to add a second daily flight from New York to Paris starting June 20th. Fares for U.S.-originating travelers start at $599 roundtrip, with premium Mint experience priced at $2,499.

Portfolio Pulse from Nabaparna Bhattacharya

April 04, 2024 | 12:08 pm