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SHCR

Sharecare has confirmed receiving an unsolicited proposal from Claritas Capital to acquire all its outstanding shares for a cash consideration of between $1.35-$1.80 per share.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:36 pm

SLB

A whale investor has taken a bearish stance on Schlumberger Limited (NYSE:SLB), with 54% of the investors opening trades with bearish expectations. The whale has been targeting a price range from $52.5 to $70.0 for SLB over the last 3 months. Currently, the price of SLB is down -0.66% at $58.37. Societe Generale downgraded its action to Buy with a price target of $81, while Citigroup maintained their Buy rating on SLB with a price target of $70.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:30 pm

SGH

SMART Global Holdings, Inc. (NASDAQ:SGH) reported worse-than-expected Q4 results and issued Q1 earnings per share and revenue guidance below estimates. The company reported Q4 earnings of 35 cents per share, missing the analyst consensus estimate of 45 cents, and sales of $316.66 million, missing the estimate of $375.04 million. The company anticipates Q1 earnings per share of 15 cents +/- 15 cents, versus the estimate of 40 cents, and revenue of $275 million +/- $25 million, versus the $383.44 million estimate.

Portfolio Pulse from Ryan Gustafson

October 12, 2023 | 8:30 pm

CMTL

Comtech Telecommunications has projected an increase in net sales of approximately 1%-4% for Q1 2024. The company also expects an adjusted EBITDA margin of 11%-13%.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:29 pm

EQT

EQT Corp is expected to report a total gain on derivatives of $178 million and net cash settlements received on derivatives of $256 million for the three months ended September 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:28 pm

TTOO

T2 Biosystems has reported its preliminary Q3 results, which has led to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:28 pm

DG

Dollar General has updated its financial guidance for FY23 and announced the appointment of Todd Vasos as CEO. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:27 pm

CERE

Cerevel Therapeutics Holdings has filed a prospectus supplement with the SEC, relating to the offering of 19.7 million shares of the company's common stock.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:27 pm

COIN

CRPT

MSTR

Anthony Scaramucci, founder of SkyBridge Capital, believes Bitcoin could reach $150K to $250K with the launch of Bitcoin ETFs. He has invested hundreds of millions in the cryptocurrency space, including Bitcoin holdings on SkyBridge and his personal balance sheet. Scaramucci also partnered with FirstTrust to launch the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF (NYSE:CRPT) in 2021. The ETF includes companies linked to digital assets, such as MicroStrategy Inc (NYSE:MSTR), Coinbase Global (NASDAQ:COIN), Riot Platforms (NASDAQ:RIOT), Marathon Digital Holdings (NASDAQ:MARA), and Galaxy Digital Holdings (OTC:BRPHF).

Portfolio Pulse from Chris Katje

October 12, 2023 | 8:25 pm

TGL

Treasure Global Inc has received a notice from Nasdaq stating that it is no longer in compliance with the minimum stockholders' equity requirement, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 8:25 pm