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OUST

Ouster's stock is experiencing an increase in value due to positive momentum from its Q4 financial results. Additionally, Craig-Hallum has reaffirmed its Buy rating on the stock and increased the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:21 pm

IREN

Iris Energy's shares are experiencing an uptick following a recent business update from the company.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:16 pm

PANW

Investors have shown a bearish stance on Palo Alto Networks (NASDAQ:PANW), with unusual options trading activity indicating a split sentiment: 29% bullish and 70% bearish. The trading focuses on a price band between $196.67 and $380.0. Notable options activity includes both calls and puts with varying sentiments and strike prices. PANW's current trading volume is 1,728,048, with a price decrease of -1.81%, and an RSI indicating a neutral position. Analyst ratings in the last month have an average target price of $340.0, with recommendations to buy.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:15 pm

GME

GameStop shares are trading lower due to potential ongoing weakness after reporting worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:14 pm

SRZN

Surrozen Inc (NASDAQ:SRZN) announced a private placement for common stock and warrants, aiming to raise approximately $192.5 million if all warrants are exercised. The initial proceeds of about $17.5 million will support the SZN-043 clinical development for severe alcohol-associated hepatitis and other purposes. The funds, along with existing cash, are expected to cover expenses through the first half of 2025. Surrozen also updated on the Phase 1a trial of SZN-043, showing safety and potential efficacy. SRZN shares dropped 27.1% to $11.00.

Portfolio Pulse from Vandana Singh

April 01, 2024 | 5:14 pm

BYDDY

TSLA

BYD Co. Ltd. reported a year-over-year increase in Q1 BEV sales but saw a decline from the previous quarter. Despite this, Tesla, Inc. is expected to report a year-over-year drop in deliveries for the first time since COVID-19, potentially allowing BYD to maintain its lead as the world's biggest battery EV manufacturer. Tesla's Q1 delivery estimates are lower than consensus, amid slowing EV adoption and intense competition.

Portfolio Pulse from Shanthi Rexaline

April 01, 2024 | 5:10 pm

AEON

AEON Biopharma shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:09 pm

EDBL

Edible Garden's shares surged following the announcement of an increase in its Q4 EPS results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:07 pm

ALK

BA

UAL

United Airlines Holdings Inc (NASDAQ:UAL) is urging pilots to take unpaid leave due to delays in aircraft deliveries from Boeing Company (NYSE:BA), impacting United's expansion plans. The delays are attributed to Boeing's production and certification issues, affecting United's 2024 forecast block hours. The situation has led to adjustments in United's expected deliveries from Boeing and has been a concern for United's CEO Scott Kirby. Boeing's CEO Dave Calhoun announced his departure amid these challenges. United Airlines' stock saw a slight increase of 0.46% to $48.10.

Portfolio Pulse from Shivani Kumaresan

April 01, 2024 | 5:06 pm

GWAV

Greenwave Technology Solutions' shares surged following the announcement of regaining compliance with the Nasdaq Shareholder Equity Requirement and a $14.87 million increase in shareholder's equity, achieved through an Exchange Agreement with DWM Properties.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:06 pm