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OMAB

Central North Airport Gr (NASDAQ:OMAB) reported Q3 earnings with an EPS of $1.53, beating estimates by 7.75% and showing a revenue increase of $55.97 million from the previous year. Despite a miss in the last quarter's EPS by $0.03 leading to a 2.92% share price drop, the company has shown improvement in its latest report.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 2:30 pm

FYBR

Frontier Communications Parent, Inc (NASDAQ:FYBR) reported a slight revenue decline in Q4 fiscal 2023 but exceeded EPS expectations. The company's focus on expanding its fiber network is showing positive results, with significant growth in consumer fiber revenue and broadband customers. Despite a dip in copper-based product revenues and a decline in business and wholesale revenue, the company's adjusted EBITDA margin improved, and it has ambitious plans for further fiber expansion in 2024.

Portfolio Pulse from Anusuya Lahiri

February 23, 2024 | 2:29 pm

AER

EADSY

AerCap's CEO stated in a conference call that due to the superiority of the Airbus A321 over Boeing's larger product, a significant majority of the market is expected to shift towards Airbus in the long term.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:27 pm

AMZN

GOOGL

META

MSFT

NFLX

NVDA

SOXX

XLK

Wedbush analyst Daniel Ives highlighted Nvidia's significant role in sparking a 'generational tech transformation' with its GPUs, driving the AI revolution. He compared the current AI investment wave to the pivotal moment in 1995, predicting a substantial increase in tech spending. Ives also noted the accelerated CapEx for AI by major tech companies like Microsoft, Alphabet, Meta Platforms, Amazon, and others, emphasizing the importance of not missing out on this transformation. The Technology Select Sector SPDR Fund and the iShares Semiconductor ETF saw premarket increases.

Portfolio Pulse from Shanthi Rexaline

February 23, 2024 | 2:24 pm

UPBD

Keybanc analyst Bradley Thomas has maintained an Overweight rating on Upbound Group (NASDAQ:UPBD) and increased the price target from $39 to $41.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:23 pm

INDI

Keybanc analyst John Vinh has maintained an Overweight rating on Indie Semiconductor (NASDAQ:INDI) but has lowered the price target from $12 to $10.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:21 pm

UCAR

U Power Limited (NASDAQ:UCAR) shares are experiencing a premarket increase after announcing a memorandum of understanding with Durapower Holdings to explore battery swapping technology for various vehicles. This news comes amidst a challenging period for U Power, which saw its shares decline by 45% over the last month and received a delisting notice from Nasdaq for failing to meet the minimum bid price requirement. The company plans to appeal the delisting determination.

Portfolio Pulse from Nabaparna Bhattacharya

February 23, 2024 | 2:17 pm

UNH

UnitedHealth Group (NYSE:UNH) reported a cybersecurity threat from a suspected nation-state actor on Change Healthcare systems, which it owns. The company is working to restore the impacted systems but cannot estimate the disruption's duration. UnitedHealth believes this will not materially impact its financial condition or operations. The company's stock is down 0.47% in premarket trading.

Portfolio Pulse from Vandana Singh

February 23, 2024 | 2:15 pm

AMD

CVNA

INTC

LUNR

NVDA

SMCI

TSLA

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:13 pm

PHUN

Phunware Inc (NASDAQ:PHUN) shares dropped 33.3% to $0.17 after announcing a 1-for-50 reverse stock split effective February 26, aimed at increasing the market price per share to meet Nasdaq listing requirements. The split will consolidate every 50 shares into one, maintaining the stock's value and shareholders' interests, with post-split shares totaling approximately 8 million. The company's 52-week trading range is between $0.07 and $1.02.

Portfolio Pulse from Henry Khederian

February 23, 2024 | 2:12 pm