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CHRD

Chord Energy (NASDAQ:CHRD) received mixed analyst ratings, with 4 bullish and 4 somewhat bullish ratings. The average 12-month price target decreased by 6.75% to $199.56. Analysts adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Chord Energy showed strong financial performance with a 38.22% revenue growth rate, a 16.84% net margin, and a low debt-to-equity ratio of 0.14.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 2:00 pm

BTCUSD

Bitcoin has risen 8% in September, with traders optimistic about a strong Q4 performance. Historical trends and upcoming events, such as U.S. elections and FTX's $16 billion stimulus, are expected to create a favorable environment for Bitcoin. Analysts predict continued growth, with Bitcoin's market cap increasing and a potential breakout anticipated.

Portfolio Pulse from Khyathi Dalal

September 30, 2024 | 1:54 pm

TSM

TSMC is projected to capture over 70% of the global market share by 2026, driven by strong demand for AI chips, according to industry sources.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:47 pm

JNJ

LEGN

Legend Biotech and Johnson & Johnson announced positive three-year follow-up data from the Phase 3 CARTITUDE-4 study, showing that their partnered drug Carvykti significantly extends overall survival for multiple myeloma patients. This positions Carvykti as a leading cell therapy for lenalidomide-refractory multiple myeloma. The data supports its use in second-line treatment, with William Blair viewing it as a positive step for Legend Biotech.

Portfolio Pulse from Vandana Singh

September 30, 2024 | 1:47 pm

CRKN

Crown Electronics projects its fiscal year 2024 revenue to be approximately $22 million.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:28 pm

CRKN

Crown Electronics has projected its Q4 revenue to be $9 million.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:28 pm

CCL

Carnival Corp has raised its full-year 2024 adjusted EBITDA guidance to approximately $6 billion and sees Q4 adjusted EPS at $0.05, below the $0.07 estimate. The company attributes this to strong demand, allowing for increased yield guidance and improved cost guidance. Carnival also projects FY24 adjusted EPS at $1.33, surpassing the $1.21 estimate, and is optimistic about its business prospects for 2025 and 2026.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:20 pm

CCL

Carnival Corporation (NYSE:CCL) reported strong Q3 earnings, with adjusted EPS of $1.27 beating estimates of $1.16 and sales of $7.90 billion surpassing the expected $7.83 billion. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:18 pm

CLSK

MARA

RIOT

Bitcoin mining stocks Marathon Digital, Riot Platforms, and CleanSpark are declining as Bitcoin's price drops by 2.5%. Despite recent gains, Bitcoin miners are expected to report September metrics this week. Marathon, Riot, and CleanSpark's stocks are down 3.76%, 3.44%, and 4.74% respectively.

Portfolio Pulse from Adam Eckert

September 30, 2024 | 1:15 pm

SYNX

Silynxcom Ltd. (NYSE:SYNX) has announced $740,000 in new orders from the Israel Defense Forces for tactical communication equipment, bringing total orders from the IDF to approximately $1,550,000 since July 2024. This indicates growth in the military tactical communication market.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:13 pm