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Bitcoin's market capitalization has surpassed the $1 trillion mark, reaching over $51,000 per coin for the first time since December 2021. This surge represents a 21% increase in value year-to-date, fueled by positive sentiment and technical indicators suggesting further growth. Experts highlight the role of institutional inflows and spot demand in driving this bullish trend. Additionally, CryptoSniper has taken long positions on BTC and ETH, indicating confidence in continued upward movement.

Portfolio Pulse from Murtuza Merchant

February 14, 2024 | 12:49 pm

APD

AXTA

BERY

NEM

USGO

The article highlights the top 5 materials stocks considered oversold based on their RSI values, indicating potential buying opportunities. Berry Global, Air Products and Chemicals, Axalta Coating Systems, Newmont Corporation, and U.S. GoldMining are featured for their recent financial results, strategic moves, and stock performance.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 12:49 pm

ALYA

Alithya Group (ALYA) reported a Q3 adjusted EPS of $0.03, up from a loss of $(0.04) YoY. However, sales decreased by 9.07% to $88.53M from $97.37M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:39 pm

ATMU

CMI

Cummins announced it will start an exchange offer to completely separate its remaining interest in Atmus Filtration Technologies. This follows Atmus' IPO in May 2023, where 19.5% of its stock was sold, leaving Cummins with 80.5%.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:38 pm

ABNB

LYFT

QQQ

SPY

U.S. stocks are poised for a relief rally following a selloff driven by higher-than-expected January inflation data. The Nasdaq Composite and S&P 500 hit their lowest levels in about a week, with small-cap stocks experiencing significant declines. Futures indicate a positive opening, with SPDR S&P 500 ETF Trust and Invesco QQQ ETF showing premarket gains. Stocks like Lyft saw a significant premarket jump following earnings, while others like Airbnb and Akamai Technologies fell. Several companies are scheduled to report earnings, potentially influencing market movements.

Portfolio Pulse from Shanthi Rexaline

February 14, 2024 | 12:35 pm

CNHI

CNH Industrial (CNHI) has announced the authorization of an additional $500 million stock buyback program, following the completion of its current $1 billion buyback program. The repurchases will be made through various methods depending on market conditions and legal requirements, with no minimum purchase requirement. The program can be modified or discontinued at any time.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:33 pm

KRNT

Kornit Digital (NASDAQ:KRNT) reported Q4 earnings of $0.08 per share, surpassing the $(0.01) estimate, marking a 161.54% increase from last year. However, their Q4 sales of $56.59M fell short of the $57.51M estimate, a 10.61% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:32 pm

CNHI

CNH Industrial (NYSE:CNHI) reported Q4 earnings of $0.42 per share, meeting analyst estimates and marking a 16.67% increase from last year. Quarterly sales were $6.79B, exceeding the $6.66B estimate but showing a 2.20% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:31 pm

CCRD

CoreCard (NYSE:CCRD) reported Q4 adjusted EPS of $0.06, surpassing the $0.01 estimate, but its sales of $12.16M fell short of the $12.60M estimate. This represents a 75% decrease in earnings and a 23.18% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:31 pm

ALYA

Alithya Group (NASDAQ:ALYA) reported a Q3 EPS of $0.03, up from a loss of $(0.04) YoY, but saw a decrease in sales to $88.53M from $97.37M YoY.

Portfolio Pulse from totan@benzinga.com

February 14, 2024 | 12:20 pm