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TGB

Taseko Mines Limited (NYSE:TGB) reported a 26% increase in annual copper production from its Gibraltar mine, with 123 million pounds produced in the full year. Q4 2023 saw 34 million pounds of copper and 369 thousand pounds of molybdenum produced. The company experienced higher copper grades and mill throughput, despite downtime for maintenance. Copper sales volumes reached 36 million pounds in Q4, with year-end concentrate inventories above normal levels. The company anticipates continued strong performance in 2024.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 1:09 pm

STAF

Staffing 360 Solutions (NASDAQ:STAF) experienced a significant decline in its Q3 earnings, reporting a loss of $(0.98) per share compared to a profit of $0.43 per share in the same quarter last year. Sales also decreased by 3.96% to $63.50M from $66.12M in the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 1:08 pm

MASI

Masimo Corporation has announced preliminary Q4 FY23 revenue figures ranging between $541M-$551M, surpassing the consensus estimate of $538.38M. The revenue is split between healthcare, which is expected to be between $336M-$341M, and non-healthcare, projected to be $205M-$210M.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 1:07 pm

SECO

Secoo Holding Limited has received an additional delinquency letter from Nasdaq due to the late filing of its Form 6-K. The company is already non-compliant with Nasdaq's listing rules after failing to file its annual report on Form 20-F. Secoo has been given a deadline to submit a plan to regain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 days to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 1:07 pm

AMD

NVDA

TSM

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) reported a decrease in December revenues by 8.4% year-over-year, but still beat analyst estimates for Q4 sales, driven by demand for AI chips. Despite a drop in smartphone and laptop chip sales, the company's performance was bolstered by orders from NVIDIA Corporation (NVDA) and Advanced Micro Devices, Inc. (AMD). TSMC expects a recovery in demand leading up to 2024 and executives are optimistic about growth in their high-performance computing business.

Portfolio Pulse from Nabaparna Bhattacharya

January 10, 2024 | 1:06 pm

CHWY

CLEU

ECDA

HTHT

KXIN

MGOL

STG

VMAR

VOXX

In Wednesday's pre-market session, several consumer discretionary stocks showed notable movements. H World Group (HTHT), Vision Marine (VMAR), and Kaixin Auto Holdings (KXIN) experienced gains, while VOXX International (VOXX), ECD Automotive Design (ECDA), China Liberal Education (CLEU), Chewy (CHWY), MGO Global (MGOL), and Sunlands Technology (STG) saw declines. VOXX's drop followed their Q3 earnings release.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 1:06 pm

AREB

AUVI

AZZ

CBAT

CISS

ESGL

NXU

PIXY

RCRT

SIDU

WLGS

In Wednesday's pre-market session, several industrial stocks showed notable movements. C3is, ESGL Holdings, American Rebel Holdings, ShiftPixy, AZZ, and Sidus Space experienced gains, with AZZ's rise potentially influenced by its Q3 earnings release. Conversely, Recruiter.Com Group, Applied UV, WANG & LEE Group, Nxu, and CBAK Energy Tech saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 1:06 pm

ACRS

AMRN

BPTH

ESLA

FORA

MDRX

QLI

TBIO

THMO

XCUR

YCBD

ZJYL

In Wednesday's pre-market session, several healthcare stocks experienced significant movements. Exicure (XCUR) saw a 29.8% increase, while Telesis Bio (TBIO) rose by 21.88%. Jin Medical International (ZJYL) increased by 21.33%, Estrella Immunopharma (ESLA) by 15.78%, Amarin Corp (AMRN) by 15.35%, and Bio-Path Hldgs (BPTH) by 12.99%. Conversely, Aclaris Therapeutics (ACRS) fell by 14.1%, Forian (FORA) by 9.93%, Veradigm (MDRX) by 9.86%, cbdMD (YCBD) by 8.87%, ThermoGenesis Holdings (THMO) by 8.58%, and Qilian Intl Hldg Gr (QLI) by 8.32%.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 1:05 pm

AEHR

ETWO

NVNI

SGH

In Wednesday's pre-market session, several information technology stocks showed significant movement. Nvni Group (NVNI) shares surged 64.1% to $3.17, SMART Global Holdings (SGH) rose 12.56% to $20.79 following Q1 earnings, and E2open Parent Holdings (ETWO) increased by 11.97% to $4.3 post Q3 earnings. Conversely, Aehr Test Systems (AEHR) fell 16.6% to $18.64 after Q2 earnings, and other stocks like Mawson Infrastructure Group (MIGI), Taoping (TAOP), CalAmp (CAMP), ComSovereign Holding (COMS), and Stronghold Digital Mining (SDIG) also experienced declines.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 1:05 pm

BABA

SPY

Alibaba Group Holding Ltd (BABA) stock is trading lower despite positive developments in its logistics arm Cainiao and Cloud segment. Cainiao is launching a service in the U.S. to consolidate multiple purchases into a single package, reducing delivery times to five days. The service targets Chinese consumers and students in the U.S. and offers reduced delivery times and costs. Cainiao's expansion to the U.S. is part of its strategy to capture the international market, having managed over 1.5 billion cross-border e-commerce parcel deliveries last year. Additionally, Alibaba's DingTalk has launched an updated workplace collaboration app with an AI agent function. Despite these developments, Alibaba stock lost over 37% last year, underperforming the SPDR S&P 500 ETF (SPY), which gained over 21%. BABA shares traded lower by 0.94% at $71.35 in premarket trading on Wednesday.

Portfolio Pulse from Anusuya Lahiri

January 10, 2024 | 1:05 pm