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Stock Prices

VFS

VinFast Auto's shares are trading lower after the company reported its Q1 earnings, indicating a negative market reaction to the financial results.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:57 pm

JUNE

Junee shares have resumed trading, indicating a potential shift in market dynamics or resolution of previous issues that led to a trading halt.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:57 pm

UAL

A United Airlines executive has stated that delays in aircraft delivery will continue to pressure non-fuel costs into 2024. The airline is actively working to minimize these costs as much as possible.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:57 pm

IZM

ICZOOM Group Inc. (NASDAQ:IZM) has cancelled its proposed public offering due to unfavorable market pricing conditions. The company believes that proceeding with the offering under current market conditions would not be in the best interests of ICZOOM or its shareholders. The decision was made following a voluntary withdrawal of a registration statement filed with the U.S. Securities and Exchange Commission.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:56 pm

SIDU

Sidus Space, Inc. (NASDAQ:SIDU) has joined the Orbital Transports Partner Program to expand its global presence in the space industry. This partnership will allow Sidus Space to offer its technology integration services and innovative solutions, such as the LizzieSat satellite bus and the FeatherEdge platform, to a broader market through the Orbital Transports SmallSat Catalog. SIDU shares rose 2.59% in premarket trading following the announcement.

Portfolio Pulse from Akanksha Bakshi

April 17, 2024 | 2:55 pm

IBKR

PLCE

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) reported better-than-expected Q1 financial results, leading to an 11.2% increase in its stock price. Other companies like Edible Garden AG, The Children's Place, Cullinan Therapeutics, and Interactive Brokers also saw significant stock movements due to various factors including preliminary results, new financing agreements, analyst ratings, and quarterly earnings.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 2:55 pm

SIGA

Traders are closely monitoring SIGA Technologies following circulation of a U.S. Sun article reporting the discovery of a mutant strain of Mpox with pandemic potential in the Democratic Republic of Congo. This development could impact SIGA Technologies, known for its involvement in health security and disease treatment.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:55 pm

FXI

SPY

President Biden's proposed higher tariffs would impact over $1B worth of steel and aluminum products from China, according to a senior administration official.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:53 pm

FTEC

MSFT

XLK

LinkedIn, owned by Microsoft Corp (NASDAQ:MSFT), has introduced a Premium Company Page subscription for small and medium-sized businesses, offering AI-generated content and tools to boost visibility for up to $99 per month. This move is part of LinkedIn's strategy to diversify revenue streams, which saw a 25% increase in premium subscription revenue in 2023, reaching $1.7 billion. LinkedIn is also expanding into influencer marketing and short-form video content, competing with platforms like Instagram, TikTok, YouTube, Snapchat, and Netflix. MSFT stock has risen 44% in the last 12 months, with exposure available through ETFs like SPDR Select Sector Fund – Technology (NYSE:XLK) and Fidelity MSCI Information Technology Index ETF (NYSE:FTEC).

Portfolio Pulse from Anusuya Lahiri

April 17, 2024 | 2:52 pm

SON

Sonoco (NYSE:SON) has increased its quarterly dividend to $0.52 per share from $0.51, marking the 41st consecutive year of dividend increases. This adjustment raises the annualized dividend to $2.08 per share, with the next payment scheduled for June 10, 2024, to shareholders on record as of May 10, 2024. This move continues Sonoco's long history of dividends since 1925, offering a 3.6 percent yield based on the April 15, 2024, closing price, significantly higher than the S&P 500's yield.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:52 pm