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BBW

Build-A-Bear Workshop (NYSE:BBW) reported Q4 earnings of $1.57 per share, surpassing the $1.32 estimate, marking an 18.94% beat and a 20.77% increase from last year. However, their Q4 sales of $149.28M fell short of the $150.45M estimate by 0.78%, though it's a 2.87% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:46 am

PSQH

PSQ Holdings (NYSE:PSQH) reported Q4 2023 earnings with a smaller loss per share of $(0.05) compared to the expected $(0.47), and sales of $2.747M, surpassing the $2.474M estimate. This represents a significant improvement over the previous year's performance.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:35 am

NVDA

Ross Gerber, a Tesla investor, expressed a bullish stance on Nvidia Corporation (NASDAQ:NVDA), advising investors to never sell their shares, especially given the potential of AI. During a CNBC appearance, Gerber highlighted the importance of Nvidia in the AI industry and warned against the financial mistake of selling the stock amidst its volatility. He emphasized looking long-term and understanding the inherent risks of technology stocks. Nvidia's recent performance, including an EPS surprise of over 11% and revenue exceeding estimates by approximately 7%, supports Gerber's confidence in the company's fundamental value and its dominant position in the AI and GPU market.

Portfolio Pulse from Benzinga Neuro

March 14, 2024 | 10:30 am

PARA

Reliance Industries acquires Paramount Global's stake in Viacom18 for $570M, increasing its ownership to 70.49%. The deal, pending regulatory approval, is part of Reliance's broader strategy to strengthen its position in the Indian entertainment sector. This follows a recent merger announcement with Disney to create a $9.3 billion entertainment giant. Paramount continues to divest assets, including its Simon & Schuster publishing wing, to reduce debt.

Portfolio Pulse from Shomik Sen Bhattacharjee

March 14, 2024 | 10:21 am

CION

CION Investment Corporation (CION) reported FY 2023 net investment income per share of $1.92, slightly missing the estimate of $1.93. However, their total investment income of $251.010M exceeded expectations by beating the $249.338M estimate. This represents a significant increase from the previous year, with earnings up 23.08% and sales up 28.79%.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:20 am

PBR

Petrobras has addressed recent media speculation by stating there is no ongoing study to create a new reserve. The company emphasized that any material facts will be disclosed to the market in due course.

Portfolio Pulse from Charles Gross

March 14, 2024 | 10:14 am

META

SNAP

Wedbush's Dan Ives discussed the potential impacts of a TikTok ban on major tech companies like Meta and Snap, describing it as a 'slippery slope' and a 'watershed moment.' The U.S. House of Representatives passed a bill that could lead to a TikTok ban if ByteDance doesn't sell the app. This development is seen as incrementally positive for Meta and Snap, but the situation remains uncertain as the bill moves to the Senate.

Portfolio Pulse from Benzinga Neuro

March 14, 2024 | 10:11 am

PSQH

PSQ Holdings, Inc. (NYSE:PSQH), also known as PublicSquare, has completed the acquisition of Credova Holdings, Inc., a Buy Now Pay Later (BNPL) solutions provider for the shooting sports and firearms industries, in an all-equity transaction. The deal involved PublicSquare issuing approximately 2.9 million shares of its Class A common stock and converting Credova's outstanding subordinated debt into 10-year promissory notes, convertible into PublicSquare Class A common stock. Following the merger, Credova became a wholly-owned subsidiary of PublicSquare, with Credova's management, including CEO Dusty Wunderlich, joining PublicSquare. Wunderlich is also expected to join PublicSquare's board of directors.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:07 am

GOCO

GoHealth (NASDAQ:GOCO) reported Q4 GAAP EPS of $(0.22), missing the consensus estimate of $2.73 by 108.06%, and sales of $276.70M, missing the estimate of $363.88M by 23.96%. Despite these misses, the company saw a significant increase over the previous year, with losses improving by 96.86% and sales increasing by 298.84%.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:05 am

CNTY

Century Casinos (NASDAQ:CNTY) reported Q4 losses of $(0.36) per share, aligning with analyst estimates but marking a 157.14% decrease from the previous year. Quarterly sales reached $143.76M, surpassing the $142.31M estimate and showing a 38.56% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:03 am