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LYT

Shares of Lytus Technologies were halted due to a circuit breaker after surging 377%. The significant price movement triggered the halt to ensure market stability and fairness.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:35 pm

SWIN

Shares of Solowin Holdings (SWIN) were halted due to a circuit breaker trigger, indicating a significant price movement.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:35 pm

CELZ

Shares of Creative Medical Technology (CELZ) were halted on a circuit breaker after surging 85%. This significant price movement triggered the halt to ensure market stability and fairness.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:35 pm

WPM

Wheaton Precious Metals (NYSE:WPM) has delivered an average annual return of 14.9% over the past 5 years, outperforming the market by 2.01% on an annualized basis. A $1000 investment in WPM 5 years ago would be worth $2,015.91 today. The company currently has a market capitalization of $20.09 billion.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 2:32 pm

AGR

IBDSF

Avangrid Inc (NYSE:AGR) shares surged after a non-binding proposal from Iberdrola, S.A. (OTC:IBDSF) to acquire all outstanding shares not owned by it for $34.25 each, a 7% premium over the last closing price. The proposal is subject to approval by Avangrid's unaffiliated committee and shareholders. Avangrid operates in 24 U.S. states with $44 billion in assets, including utilities and renewable energy facilities.

Portfolio Pulse from Shivani Kumaresan

March 07, 2024 | 2:30 pm

PSHG

Performance Shipping (NASDAQ:PSHG) reported Q4 2023 earnings of $0.630 per share, missing the consensus estimate of $0.690. However, their sales of $23.800M exceeded the $23.200M estimate, marking a 14.29% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:29 pm

BILI

GAMR

HERO

Bilibili Inc (NASDAQ:BILI) reported Q4 fiscal 2023 revenue of $894.3 million, a 3% increase Y/Y, surpassing consensus estimates. Despite beating EPS estimates with a smaller loss than expected, BILI's stock price dropped. The company saw growth in DAUs, mobile games, and VAS revenues, but a significant decline in IP derivatives and e-commerce revenues. Bilibili ended the year with $2.1 billion in cash. Exposure to BILI can be gained through ETFs like HERO and GAMR.

Portfolio Pulse from Anusuya Lahiri

March 07, 2024 | 2:29 pm

BHP

COPP

JIAXF

NEM

SLGGF

Ecuador announced a $3.2 billion investment in SolGold's Cascabel copper-gold project, marking a significant move in the country's mining sector. This investment aims to leverage the growing copper market amid supply constraints. SolGold, which saw its shares surge 23%, also revealed a reduction in upfront costs for the project and signed an MoU for a potential carbon-neutral power supply. Major stakeholders in SolGold include BHP, Newmont, and Jiangxi Copper, with the Sprott Copper Miners ETF also related to the copper industry.

Portfolio Pulse from Stjepan Kalinic

March 07, 2024 | 2:29 pm

BURL

Burlington Stores' shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic adjusted EPS guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:26 pm

JVA

Coffee Holding Co., Inc. (NASDAQ:JVA) and Delta Corp Holdings Limited announced the SEC's approval of their proposed business combination's registration statement. A special meeting for Coffee Holding's stockholders is scheduled for March 28, 2024, to vote on the merger, which would result in both companies becoming subsidiaries of a new Cayman Islands-based holding company. Coffee Holding's board unanimously recommends approval of the merger.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:25 pm