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AAPL

Apple Inc.'s iOS 17.4 update, in compliance with the EU's Digital Markets Act, has led to a significant increase in users for Mozilla Firefox and Brave browsers in the EU. Firefox saw a more than 50% rise in users in Germany and a nearly 30% increase in France. Brave also experienced a surge in users after the update allowed for the selection of default browsers. The update introduced changes like alternative app marketplaces and third-party browser engine support, exclusively in the EU.

Portfolio Pulse from Ananya Gairola

March 14, 2024 | 12:02 pm

OSK

Recent evaluations by 10 financial analysts on Oshkosh (NYSE:OSK) show a diverse range of perspectives, from bullish to bearish. The average 12-month price target for OSK is $122.4, indicating a 5.17% increase from the previous target of $116.38. Analysts have adjusted their ratings and price targets based on market conditions and company performance, with several raising their targets. Oshkosh, a leading producer of access equipment, specialty vehicles, and military trucks, has seen a -1.72% decline in revenue growth over the last 3 months but maintains a strong net margin of 6.11%. The company's financial performance indicates challenges in revenue growth and ROE but excels in net margin and ROA.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 12:01 pm

UNCY

Unicycive Therapeutics shares are trading higher following the announcement of a $50 million private placement.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:01 pm

BYDDY

NIO

NIO Inc. partners with CATL to develop batteries with longer life, aiming to reduce overall EV costs. This collaboration follows a recent initiative with BYD Co. and others to develop solid-state batteries. Nio plans to cut battery rental fees by up to 33%, potentially reducing EV purchase costs significantly. Despite a 25% increase in vehicle deliveries year over year, NIO's stock is trading lower in the premarket session.

Portfolio Pulse from Nabaparna Bhattacharya

March 14, 2024 | 12:00 pm

SPRB

Spruce Biosciences reported FY23 financial results and announced that its CAHmedlia-203 study of Tildacerfont in adult classic congenital adrenal hyperplasia with severe hyperandrogenemia failed to meet its primary efficacy endpoint, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:58 am

DASTY

ERJ

EVEX

Embraer S.A. (NYSE:ERJ) has chosen Dassault Systemes SA's (OTC:DASTY) SIMULIA PowerFLOW simulation technology for virtually testing Eve Holding, Inc's (NYSE:EVEX) eVTOL aircraft. This technology aids in simulating real-world conditions, focusing on noise reduction for urban operation. Embraer and Eve are collaborating on Urban Air Mobility solutions, with Eve's eVTOL production facility set to open in São Paulo, Brazil, and deliveries expected in 2026. ERJ shares saw a 0.94% increase to close at $21.44.

Portfolio Pulse from Shivani Kumaresan

March 14, 2024 | 11:57 am

CHRW

CPA

SWK

Wall Street's most accurate analysts have provided their views on three high-dividend yielding industrials stocks: Copa Holdings (CPA), C.H. Robinson Worldwide (CHRW), and Stanley Black & Decker (SWK). Copa Holdings received a Strong Buy and Buy rating with increased and decreased price targets respectively, following better-than-expected Q4 earnings. C.H. Robinson was rated Underweight and Market Perform, with reduced price targets, after announcing new board nominees. Stanley Black & Decker received an Underweight and Overweight rating, with lowered price targets, after reporting mixed Q4 earnings and a disappointing FY24 EPS outlook.

Portfolio Pulse from Avi Kapoor

March 14, 2024 | 11:57 am

MIRM

Mirum Pharmaceuticals' shares surged following the FDA's approval of LIVMARLI oral solution for treating cholestatic pruritus in patients aged five and older with progressive familial intrahepatic cholestasis. Additionally, HC Wainwright reaffirmed a Buy rating on MIRM and increased its price target from $45 to $58.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:54 am

LMB

Limbach Holdings' shares dropped following the announcement of Q4 financial results and FY24 revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:52 am

EGY

VAALCO Energy's shares experienced an increase following the announcement of their Q4 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:51 am