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TUYA

Tuya Inc. (NYSE:TUYA) reported a positive adjustment in earnings per ADS to $0.02 in Q3, up from a loss of $(0.03) in the same quarter last year. Sales also increased by 35.73% to $61.10 million from $45.02 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:49 pm

GDX

GDXJ

GFI

GLD

NEM

NUGT

UUP

Gold prices have surged, nearing all-time highs, as market confidence grows in potential Fed rate cuts. The SPDR Gold Trust (GLD) is close to its record high, while the U.S. dollar index weakens, as tracked by the Invesco DB USD Index Bullish Fund ETF (UUP). Fed Governor Waller's dovish remarks have increased bets on rate cuts, leading to a decline in Treasury yields. This has boosted gold miners, with the VanEck Gold Miners ETF (GDX), Direxion Daily Gold Miners Index Bull 2XShares (NUGT), and VanEck Junior Gold Miners ETF (GDXJ) all posting gains. Gold Fields Limited (GFI), AngloGold Ashanti plc (AU), and Newmont Corporation (NEM) were among the top performers.

Portfolio Pulse from Piero Cingari

November 28, 2023 | 9:47 pm

USO

The API reported a weekly crude stock draw of 817K barrels, which is less than the estimated 2M barrel draw. This discrepancy may indicate lower-than-expected demand or higher-than-anticipated supply, potentially impacting crude oil prices and related assets.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:41 pm

AMBO

Ambow Education reported a decrease in Q2 2023 revenues to $2.7M from $5M in Q2 2022, a 46% drop, mainly due to the closure of Bay State College. However, EPS improved to $(0.02) from $(0.05) YoY. Gross profit fell 20% to $1.2M, but gross margin increased to 44.4% from 30%. Operating expenses decreased by 47.4% to $2M due to a one-time stock compensation in Q2 2022 and better expense control. Operating loss narrowed to $0.8M from $2.3M, and net loss to shareholders was $1.0M, or $0.02 per share, improving from a $2.5M loss, or $0.05 per share, in Q2 2022. Ambow had $12.4M in cash resources as of June 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:41 pm

WDAY

Workday Inc. (NASDAQ:WDAY) reported Q3 earnings of $1.56 per share, surpassing estimates of $1.41 per share. Revenue reached $1.87 billion, exceeding expectations of $1.848 billion and marking a 16.7% year-over-year increase. Subscription revenues grew by 18.1% to $1.69 billion. The company's cash position was strong at $6.88 billion. Workday provided Q4 guidance with expected subscription revenue of $6.598 billion and adjusted operating margins of 23.8%. Co-CEO Carl Eschenbach highlighted the company's momentum, AI innovation, and customer growth. After the announcement, WDAY shares rose 3.56% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

November 28, 2023 | 9:41 pm

LUCD

Lucid Diagnostics has received approval to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:36 pm

CFIV

CF Acquisition Corp. IV has announced its intention to liquidate, stating it will not make the next $150,000 monthly installment to its trust account due by November 28. The company will cease all operations except for the purpose of winding up, redeeming public shares, dissolving, and liquidating.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:35 pm

AMC

AREN

ASST

CAUD

CUEN

FAZE

GDC

HRYU

MNY

NFTG

STBX

TGL

In Tuesday's after-market session, several communication services stocks experienced movement. AMC Entertainment Holdings (AMC) saw a 4.9% increase, while GD Culture Group (GDC) dropped by 6.4%. Other gainers included Hanryu Holdings (HRYU), Starbox Group Holdings (STBX), Arena Group Holdings (AREN), NFT Gaming Co (NFTG), and Treasure Global (TGL). Losers comprised Cuentas (CUEN), Collective Audience (CAUD), MoneyHero (MNY), FaZe Holdings (FAZE), and Asset Entities (ASST).

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:31 pm

ATNF

BTTX

BWV

COCH

CWBR

DMTK

GCTK

PSNL

RDHL

SONN

TRIB

VERV

In Tuesday's after-market session, several healthcare stocks experienced significant movements. 180 Life Sciences (ATNF) saw a 38.2% increase, while GlucoTrack (GCTK) dropped by 15.5%. Other notable gainers include Redhill Biopharma (RDHL), Trinity Biotech (TRIB), Blue Water Biotech (BWV), CohBar (CWBR), and DermTech (DMTK). On the losing side, Better Therapeutics (BTTX), Verve Therapeutics (VERV), Envoy Medical (COCH), Sonnet BioTherapeutics (SONN), and Personalis (PSNL) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:31 pm

AZEK

HTOO

KULR

MESA

In Tuesday's after-market session, several industrial stocks experienced movement. KULR, MESA, ELWS, DSS, CEAD, and FRGT saw gains, while HTOO, CAPT, ESGL, AZEK, EFSH, and BGLC faced declines. AZEK's movement is attributed to its Q4 earnings report release.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 9:31 pm