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PGRU

PropertyGuru Group (NYSE:PGRU) reported Q4 earnings, beating estimates with an EPS of $0.01 versus the expected -$0.02, and revenue increased by $2.60 million from the previous year. The company has a history of surpassing EPS estimates, which previously led to a 1.0% share price increase the following day.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 11:05 am

BDSX

Biodesix (NASDAQ:BDSX) reported Q4 earnings, beating estimated earnings by 9.0% with an EPS of $-0.1 versus an estimate of $-0.11. However, revenue was down $893.33 million from the same period last year. Despite beating EPS estimates in the past, such performance was previously followed by a 10.0% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 11:05 am

SIDU

Sidus Space, Inc. (NASDAQ:SIDU) shares dropped over 34% in premarket trading after a previous session gain of over 60%. The decline follows a month of losing over 33% in value. The company recently announced the encapsulation of its LizzieSat satellite within SpaceX's payload for a March 2024 launch. LizzieSat aims to gather multisectoral data using advanced sensors and AI, supporting various projects including NASA's and Mission Helios' NFT collection. Sidus also reported progress on other LizzieSat models and completed a contract for flight hardware delivery to a European space company.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 11:03 am

EVBG

Everbridge, Inc. (NASDAQ:EVBG) and Thoma Bravo have amended their merger agreement, increasing the acquisition price to $35.00 per share in cash, which is $6.40 higher than the original price. This adjustment reflects a significant increase in the valuation of Everbridge by Thoma Bravo.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:02 am

AMRX

Amneal Pharmaceuticals (NYSE:AMRX) reported Q4 adjusted EPS of $0.14, surpassing the $0.09 estimate, but its sales of $616.98M fell short of the $634.23M estimate. This represents a 39.13% decrease in EPS from last year, while sales saw a 1.18% increase.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:02 am

TNC

Tennant Company (NYSE:TNC) has acquired M&F Management and Financing, the parent company of TCS EMEA, to expand its presence in Eastern Europe and the EMEA region. This strategic move aims to leverage TCS's established network in countries like Romania, Hungary, the Czech Republic, Slovakia, Austria, Switzerland, Poland, and others, as well as in the Middle East and Africa, to enhance Tennant's global sales and service network.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 10:53 am

FSR

HPE

PLUG

Hewlett Packard Enterprise reported mixed Q1 results with earnings above and sales below market expectations, leading to a 6.1% pre-market share drop. Other stocks like Fisker, Plug Power, and several others also moved lower in pre-market trading due to various reasons including below-estimate revenues, internal control issues, and weak financial results.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 10:47 am

SHIBUSD

Shiba Inu (SHIB) experienced a 30,000% increase in its token burn rate, with 3,759,043 SHIB tokens removed from circulation. This follows the announcement of a new privacy-centric system on the Shibarium network. Despite the surge, SHIB's price decreased by 5.58% over the last day but is up 4.06% in the last 24 hours. The total burned SHIB tokens now stand at 410.7 trillion, with around 581.7 trillion SHIB tokens still in circulation.

Portfolio Pulse from Mehab Qureshi

March 01, 2024 | 10:25 am

TSLA

Tesla Inc (NASDAQ:TSLA) has increased the prices of certain Model Y variants in the U.S. by $1000 and is offering incentives on new vehicle purchases in China. In the U.S., the Model Y rear-wheel drive and Long Range prices have been raised, while the Performance variant's price remains unchanged. This follows a temporary price cut in February aimed at boosting winter sales. In China, Tesla is offering discounts on inventory Model 3 and Y vehicles to enhance competitiveness, especially against BYD, which recently surpassed Tesla in BEV sales.

Portfolio Pulse from Anan Ashraf

March 01, 2024 | 10:14 am

CLSK

MARA

RIOT

WGMI

WULF

Peter Schiff, a known Bitcoin critic, highlighted the recent downturn in Bitcoin mining stocks, such as the Valkyrie Bitcoin Miners ETF (WGMI), despite Bitcoin's price surge. On a specific day, WGMI dropped 8.39%, while mining companies like Marathon Digital Holdings (MARA) and Riot Platforms (RIOT) saw significant declines in their share prices. CleanSpark (CLSK) and TeraWulf (WULF) also experienced losses. This downturn occurred amidst Bitcoin's price increase from about $51,000 to a yearly high of $63,700, raising questions about the sustainability of Bitcoin and the mining sector.

Portfolio Pulse from Mehab Qureshi

March 01, 2024 | 9:43 am