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KRKR

36KR Holdings (NASDAQ:KRKR) reported Q3 earnings of $0.06 per share, a significant increase from $0.02 per share YoY. However, sales slightly decreased to $13.29M from $13.30M YoY.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 9:08 am

DB

A Bankrate survey reported by The Hill indicates that 60% of Americans believe the economy is in a recession, despite strong job growth and economic expansion. This sentiment spans across generations and income levels. Economic experts, however, have a positive outlook, contrasting with the public's concern over affordability and financial security. Investment firms like BMO Capital Markets and Deutsche Bank predict a potential U.S. recession by the end of 2024, with varying forecasts for the stock market in 2024, including a potential downturn for the S&P 500.

Portfolio Pulse from Benzinga Neuro

December 07, 2023 | 8:22 am

DOYU

DouYu International Holdings (DOYU) reported Q3 earnings per share of $0.03, which was in line with analyst estimates and marked a 200% increase from the same period last year. Quarterly sales were $186.30M, slightly surpassing the consensus estimate of $184.76M but representing a 26.31% decrease from the previous year's sales of $252.81M.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 8:14 am

AVGO

BASE

DG

LULU

VRNT

U.S. stock futures are trading lower, with investor focus on earnings reports from Dollar General, Verint Systems, Lululemon Athletica, Couchbase, and Broadcom. Dollar General is expected to report earnings before the opening bell, while Lululemon and Broadcom will report after the close. Verint Systems reported better-than-expected results and issued guidance, causing its shares to jump in after-hours trading. Couchbase also reported upbeat results and a strong revenue outlook, leading to a share price increase in after-hours trading.

Portfolio Pulse from Avi Kapoor

December 07, 2023 | 8:06 am

RCAT

Red Cat Holdings, Inc. has priced a public offering of 16 million common shares at $0.50 per share, aiming to raise gross proceeds of $8 million.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 8:01 am

DOGEUSD

FLOKIUSD

SOLUSD

A cryptocurrency analyst suggested that FLOKI, a meme coin, could surge by 40%, drawing parallels to the price movements of Solana's meme coin BONK. The prediction is based on structural similarities in their market behavior and recent price actions. Dogecoin's rise to $0.10 has also been noted as a positive sign for meme coins. Additionally, Floki's Head of Operations discussed the strategic launch timing for their play-to-earn NFT game Valhalla, emphasizing its importance to Floki's future.

Portfolio Pulse from Mehab Qureshi

December 07, 2023 | 7:45 am

REGN

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) will present new and updated data on its oncology pipeline at the ESMO IO Congress 2023. This includes Phase 1 data for REGN5668 in combination with Libtayo in recurrent ovarian cancer patients and Phase 2 trial results of Libtayo with SBRT in early-stage HCC patients.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 7:38 am

TSLA

Tesla Inc (NASDAQ:TSLA) is offering early Cybertruck reservation holders the option to purchase a 'Foundation Edition' vehicle for $120,000, which is 20% higher than the starting price of the premium Cyberbeast variant. The Foundation series will be fully optioned with features like limited-edition badging, all-terrain tires, and full self-driving capability. Deliveries will start in California and Texas, with only 1,000 units expected to be produced. Tesla has begun delivering Cybertrucks from its Texas Gigafactory, with plans to scale up to 250,000 units per year by 2025.

Portfolio Pulse from Anan Ashraf

December 07, 2023 | 7:32 am

AFJKU

Aimei Health Technology has completed its initial public offering (IPO), selling 6.9 million units at a price of $10 per unit. Each unit includes one ordinary share and one right, with each right granting the owner one-fifth of an ordinary share upon an initial business combination.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 7:31 am

COIN

MSTR

Bitcoin's recent bull run has resulted in significant losses for crypto short sellers, totaling $2.6 billion in less than three months. The surge in Bitcoin's value, which has increased by 75% since September 11, has positively impacted the stock prices of crypto-related companies like Coinbase and MicroStrategy. Coinbase's stock rose by 51%, while MicroStrategy's stock jumped by 82%. Short sellers have faced over $6 billion in losses since January, with a single-day loss of $387 million recently. The optimism around a potential SEC-approved Bitcoin ETF is driving the surge.

Portfolio Pulse from Mehab Qureshi

December 07, 2023 | 7:21 am