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Stock Prices

TSLA

Wells Fargo analyst Colin Langan has maintained an Underweight rating on Tesla (NASDAQ:TSLA) and reduced the price target from $125 to $120.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:16 pm

TSLA

Morgan Stanley analyst Adam Jonas reiterated a positive outlook for Tesla (TSLA), focusing on its energy storage business despite expecting increased volatility and earnings pressure in the near term. Jonas is optimistic about Tesla's long-term prospects due to its AI and robotics transition, highlighted by the potential of its full self-driving (FSD) software and upcoming robotaxi event. However, he expressed concerns over the immediate impact of FSD and robotaxis commercialization. Tesla's recent report of a year-on-year decline in quarterly deliveries, the first in four years, adds to the near-term challenges. Despite these challenges, Tesla's stock closed up 1.65% at $174.6.

Portfolio Pulse from Anan Ashraf

April 12, 2024 | 12:16 pm

CPNG

MOGU

RENT

XPEV

In Friday's pre-market session, 11 consumer discretionary stocks showed significant movement. Coupang, Traeger, Digital Brands Group, Kaival Brands Innovations, and MGO Global were among the gainers, with Coupang leading at a 10.4% increase. On the downside, MOGU, Rent the Runway, Helen Of Troy, Interactive Strength, XPeng, and Jianzhi Education Tech faced declines, with MOGU experiencing the largest drop of 10.4%.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 12:10 pm

GPAK

HRYU

LBTYA

NXPL

VSME

In Friday's pre-market session, 11 Communication Services stocks showed notable movements. NextPlat (NXPL) led the gainers with a 51.3% increase following their Q4 earnings release, while Gamer Pakistan (GPAK) experienced the largest drop among the losers, falling 6.8%. Other notable movers included Hanryu Holdings (HRYU), VS Media Holdings (VSME), and Liberty Global (LBTYA) on the gainers' side, and Brera Holdings (BREA), Motorsport Games (MSGM), and TuanChe (TC) among the losers.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 12:10 pm

MOTS

PXMD

In Friday's pre-market session, several healthcare stocks showed significant movement. PaxMedica led the gainers with a 104.2% increase, while Motus GI Holdings experienced the largest drop among the losers, falling 26.1%. The movements reflect notable volatility in the healthcare sector, with companies ranging from biotech to pharmaceuticals experiencing shifts in their stock prices.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 12:09 pm

APLD

HKD

VIAO

In Friday's pre-market session, several information technology stocks showed significant movement. VIA optronics, AMTD Digital, Syntec Optics Holdings, Vuzix, Mobilicom, and Veritone were among the gainers, with increases ranging from 5.93% to 38.9%. On the downside, GCT Semiconductor Hldgs, Gryphon Digital Mining, OMNIQ, Applied Digital, Presto Automation, and Bit Origin experienced declines between 6.55% and 9.6%. Notably, Applied Digital's drop followed their Q3 earnings release.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 12:09 pm

Citigroup shares are trading higher after the bank reported better-than-expected Q1 financial results and provided upbeat FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:08 pm

Citigroup projects its FY24 revenues to be between $80 billion and $81 billion, significantly surpassing the estimated $73.69 billion.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:05 pm

APLD

ESPR

KEP

NRIX

TSHA

TVGN

XPEV

Applied Digital Corporation reported disappointing third-quarter financial results, leading to a sharp decline in its pre-market trading shares by 9.1%. The company's quarterly loss widened, and sales fell short of expectations. Other stocks also moved lower in Friday's pre-market session, including Tevogen Bio Holdings, Nurix Therapeutics (after pricing a public offering), XPeng Inc., Taysha Gene Therapies, Korea Electric Power Corporation (following a previous day's drop), Esperion Therapeutics, and JD.com.

Portfolio Pulse from Avi Kapoor

April 12, 2024 | 12:04 pm

BSVN

Bank7 (NASDAQ:BSVN) reported Q1 earnings of $1.21 per share, surpassing the $1.05 estimate, marking a 16.35% year-over-year increase. However, their Q1 sales of $24.02M fell short of the $25.05M estimate, despite being a 16.15% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:03 pm