Streetbeat News

Stock Prices

CDE

DRD

GDX

GSISF

NVDA

OCANF

PMNXF

SOXX

TORXF

Gold prices surged past $2,160 per troy ounce, leading to an 8-session gain streak and outperforming AI-driven semiconductor stocks like NVIDIA Corp. (NVDA) and the iShares Semiconductor ETF (SOXX). The VanEck Gold Miners ETF (GDX) saw a 15% increase since late February, with inflows of over $350 million. Gold miners' attractive valuations and technical signals suggest a potential bull market. Top performing mining stocks include Genesis Minerals Limited (GSISF), Torex Gold Resources Inc. (TORXF), Coeur Mining, Inc. (CDE), OceanaGold Corporation (OCANF), AngloGold Ashanti plc (AU), DRDGOLD Limited (DRD), and Perseus Mining Limited (PMNXF).

Portfolio Pulse from Piero Cingari

March 07, 2024 | 9:30 pm

IOT

Samsara reported its Q4 2024 revenue at $276.3M, surpassing the estimated $258.306M. This indicates a strong performance and potential growth in the IoT sector.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:30 pm

PRCH

Porch Group (NASDAQ:PRCH) reported Q4 earnings with an EPS of $-0.03, beating estimates by 85.0% against an expected $-0.2. Revenue increased by $50.50 million from the same period last year. The company's share price increased by 34.0% the day after last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

AOUT

American Outdoor Brands (NASDAQ:AOUT) reported Q3 earnings with a 60.0% beat on estimated EPS, reporting $0.08 versus an estimate of $0.05. Revenue increased by $2.53 million from the same period last year. Despite beating last quarter's EPS estimate, the share price dropped by 2.0% the next day. The company has shown varied performance over the past quarters with both earnings and revenue fluctuating.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

NDLS

Noodles & Co. (NASDAQ:NDLS) reported Q4 earnings with an EPS of $-0.07, missing estimates by -600% against an expected $-0.01. Revenue decreased by $12.15 million from the previous year. Despite a positive performance in Q3 2023, this quarter's results fell short of expectations.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

MYO

Myomo (AMEX:MYO) reported Q4 earnings with an EPS of $-0.07, missing estimates by -17.0% against an expected $-0.06. Revenue increased by $714 thousand from the previous year. Despite the miss, past performance shows a positive trend in beating EPS estimates and subsequent share price increases.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

DOCU

DocuSign Inc (NASDAQ:DOCU) reported Q4 earnings with an 8% year-over-year revenue increase to $712.4 million, surpassing estimates of $699.18 million. Earnings per share were 76 cents, beating the 64 cents estimate. The company saw a 13% increase in billings to $833.1 million and more than doubled its free cash flow year-over-year to $248.6 million. Gross margin was 79%, and the company ended the quarter with $1.2 billion in cash and investments. CEO Allan Thygesen highlighted momentum in product innovation and customer growth. DocuSign provided a Q1 revenue outlook of $704 million to $708 million, above estimates of $700.06 million, and expects FY2025 revenue between $2.915 billion and $2.927 billion, surpassing the $2.9 billion estimate. Shares were up 13.40% after hours to $60.72.

Portfolio Pulse from Adam Eckert

March 07, 2024 | 9:30 pm

CRBP

NEPT

SOL

XXII

On March 7, 2024, several cannabis stocks experienced significant price movements. Notable gainers included AusCann Group Holdings, Elixinol Wellness, and Rocky Mountain High, with increases of 766.67%, 75.49%, and 66.67% respectively. Corbus Pharmaceuticals and Emeren Group also saw notable gains on NASDAQ and NYSE. Conversely, Global Hemp Group led the losers with a 48.89% decrease, followed by Item 9 Labs and Global Compliance. Other significant losers included 22nd Century Group and Neptune Wellness Solutions on NASDAQ.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

ALSA

Alpha Star Acquisition Corp (ALSA) received a letter from Nasdaq on March 4, indicating that the company has regained compliance with Nasdaq's listing requirements.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:29 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) reported Q4 earnings of 86 cents per share, surpassing the 47 cents estimate, and a 26.76% year-over-year sales increase to $458 million. The company also saw a significant increase in free cash flow to $50.5 million. Despite these positive results, MongoDB's outlook for Q1 and the full fiscal year 2025 falls below analyst expectations, leading to an 11.7% drop in after-hours trading.

Portfolio Pulse from Erica Kollmann

March 07, 2024 | 9:26 pm