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MARA

Marathon Digital's stock is trading lower following the release of their mixed Q4 financial results, indicating a disparity between expected and actual performance metrics.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:50 pm

AMPH

Amphastar Pharmaceuticals' shares dropped following mixed Q4 financial results, indicating a disparity between expected and actual performance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:49 pm

ESTA

Establishment Labs shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:48 pm

DV

DoubleVerify's stock is trading lower following the announcement of its Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:43 pm

AI

C3 AI's stock price increased following the announcement of their third-quarter financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:42 pm

NTAP

NetApp, Inc. (NASDAQ:NTAP) is anticipated to report Q3 earnings of $1.69 per share, down from $1.37 per share a year ago, with projected revenue of $1.59 billion. The company previously beat Q2 estimates with earnings of $1.58 per share and sales of $1.56 billion. NetApp offers a 2.27% dividend yield, equating to a quarterly dividend of 50 cents a share. To earn $500 monthly from dividends, an investor would need approximately 3,000 shares, valued around $264,090. The article also explains how dividend yield fluctuates with stock price and dividend payment changes. NTAP shares rose 1% to close at $88.03 recently.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 1:41 pm

SHLS

Shoals Technologies shares dropped following the announcement of disappointing Q4 financial results and lower than expected revenue guidance for Q1 and FY24.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:41 pm

DUOL

Duolingo shares surged following the announcement of their Q4 financial results, which exceeded expectations. The company also provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 1:40 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) reported a 12% increase in Q4 revenue to $1.1 billion, surpassing the consensus estimate of $1.05 billion. The company also reported a smaller-than-expected quarterly loss of 54 cents per share, against analyst estimates of a 70 cents per share loss. Adjusted EBITDA rose 193% year-over-year to $42.5 million. Despite these positive results, attributed in part to successful Taylor Swift and Beyoncé concert films, AMC shares dropped 10.1% to $4.48. CEO Adam Aron expressed confidence in the company's future, noting efforts to optimize operations and innovate in revenue streams.

Portfolio Pulse from Adam Eckert

February 29, 2024 | 1:38 pm

UUP

The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditure (PCE) price index for January, matched expectations, indicating progress towards the 2% inflation target. The annual PCE inflation rate slightly decreased from December's 2.6% to 2.4%, aligning with forecasts. Core PCE inflation also met expectations, with a year-on-year increase of 2.8%. Personal income in January rose by 1%, surpassing expectations, while personal spending growth slowed to 0.2%. Weekly jobless claims were slightly above expectations. Following the release, U.S. Treasury yields fell, and the U.S. dollar index, as tracked by the Invesco DB USD Index Bullish Fund ETF (UUP), dipped.

Portfolio Pulse from Piero Cingari

February 29, 2024 | 1:38 pm