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Stock Prices

BHP

BHP Group Ltd (NYSE:BHP) has reduced its contractor workforce at the West Musgrave project in Western Australia by about a quarter, impacting around 100 individuals. This decision comes as BHP considers freezing its nickel division due to a significant decline in nickel prices. The company had previously announced a review of the mine's development timeline and flagged a $2.5 billion non-cash impairment charge related to the division. Despite the workforce reduction, BHP shares are trading higher by 0.79% at $56.11 in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 18, 2024 | 11:54 am

AJX

ATCH

TPVG

The article highlights the top 3 financial stocks considered oversold based on their Relative Strength Index (RSI) values, suggesting potential for growth. Great Ajax Corp. (AJX), TriplePoint Venture Growth BDC Corp. (TPVG), and AtlasClear Holdings, Inc. (ATCH) are identified as undervalued, having reported disappointing financial results or acquisitions but with RSI values indicating they may be oversold.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 11:52 am

FOUR

Shift4's shares are trading lower after the board concluded that potential bids did not reflect the company's true value. Despite receiving multiple offers above its current share price, the board believes none of these offers adequately valued the business or its future prospects.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:47 am

NIU

Niu Technologies reported a year-over-year decline in Q4 revenues, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:44 am

TNGX

Tango Therapeutics (NASDAQ:TNGX) reported Q4 GAAP EPS of $(0.32), missing the $(0.28) estimate, and sales of $5.43M, missing the $8.24M estimate. This represents a 14.29% miss on EPS and a 34.09% miss on sales estimates, with a year-over-year decrease in sales by 15.29%.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:43 am

VERB

Verb Technology's shares are experiencing an uptick, likely due to the momentum from its recent announcement on Friday. The company revealed that its Market.live platform has integrated Facebook and Instagram social shopping technology. Additionally, Verb Technology announced the addition of 100 retail brands to its livestream social shopping platform, further expanding its offerings.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:41 am

LOGI

Logitech International S.A. (NASDAQ:LOGI) shares dropped in premarket trading after announcing CFO Charles 'Chuck' Boynton's departure in May to pursue another career. The company will name his successor later and confirmed its FY24 outlook for sales and adjusted operating income, despite potential headwinds and uncertainties affecting net sales in FY25.

Portfolio Pulse from Lekha Gupta

March 18, 2024 | 11:41 am

VERB

Verb Technology Company, Inc. (NASDAQ:VERB) has expanded its MARKET.live livestream social shopping platform by adding 100 more retail brands. This move signifies the company's ongoing effort to grow its platform and enhance its offerings.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:40 am

BALL

PBPB

TALO

Insiders at Talos Energy, Ball Corporation, and Potbelly Corporation have made significant stock purchases, indicating confidence in their companies' prospects. Talos Energy's 10% owner acquired shares worth over $14M, Ball's CEO purchased shares valued at approximately $250K, and Potbelly's CEO bought shares for around $20K. These transactions suggest potential growth or undervaluation, making them noteworthy for investors.

Portfolio Pulse from Avi Kapoor

March 18, 2024 | 11:37 am

GOOGL

NVDA

QQQ

SPY

Stock futures indicate a strong open, driven by Nvidia's AI conference and potential Alphabet-Apple partnership, despite concerns over Fed's upcoming meeting and recent inflation data. Nvidia and Alphabet stocks rose in premarket trading, while the broader market showed mixed reactions to inflation and interest rate expectations. Upcoming economic data and Fed decisions are anticipated to further influence market direction.

Portfolio Pulse from Shanthi Rexaline

March 18, 2024 | 11:37 am