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Stock Prices

FRHC

Freedom Holding (NASDAQ:FRHC) reported a significant increase in Q3 earnings and sales YoY, with EPS rising to $1.63 from $0.78 and sales reaching $418.63M from $214.55M.

Portfolio Pulse from Happy Mohamed

February 12, 2024 | 2:36 pm

ANET

FTNT

JNPR

META

NVDA

PANW

Nvidia Inc (NVDA) and Meta Platforms Inc (META) are leading the S&P 500 in 2024, continuing their strong performance from 2023, driven by AI anticipation. Despite concerns of an AI "baby bubble", stocks outside the Magnificent 7 like Palo Alto Networks (PANW), Fortinet (FTNT), Juniper Networks (JNPR), and Arista Networks (ANET) are also performing well, with significant gains and positive earnings reports, highlighting the importance of AI in cybersecurity and networking.

Portfolio Pulse from Neil Dennis

February 12, 2024 | 2:35 pm

BONKUSD

BTCUSD

ETHUSD

IMXUSD

Bitcoin and Ethereum experienced declines, with Bitcoin staying above $47,000 and Ethereum above $2,400. The global crypto market cap dropped by 1.3% to $1.79 trillion. Immutable was the top gainer, while Bonk was the biggest loser among cryptocurrencies. Other notable gainers include Bitcoin Cash, Mina, Klaytn, and Gnosis, with Dymension, Manta Network, Ronin, and dYdX listed as top losers.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 2:34 pm

ROAD

Construction Partners, Inc. (NASDAQ:ROAD) exceeded Q1 earnings and sales expectations, reporting GAAP earnings of 19 cents per share and quarterly sales of $396.50 million. Despite this, shares fell 7% to close at $46.81. The company maintained its FY24 revenue outlook at $1.75 billion to $1.825 billion. Analysts from Baird and Stifel adjusted their price targets post-results, with Baird raising it to $50 but downgrading the stock to Neutral, and Stifel increasing it to $57 while maintaining a Buy rating.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 2:33 pm

TOP

Shares of TOP Financial Group were halted due to a circuit breaker triggered by a significant drop in stock price, now down by 24.9%.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:32 pm

WDAY

Over the past 10 years, Workday (NASDAQ:WDAY) has produced an average annual return of 12.17%, outperforming the market by 1.65% annually. With a current market capitalization of $80.74 billion, a $1000 investment in WDAY a decade ago would be worth $3,153.57 today.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:30 pm

FICO

Over the past 10 years, Fair Isaac (NYSE:FICO) has significantly outperformed the market, with an annualized return of 27.55% and an average annual return of 38.07%. A $1000 investment in FICO a decade ago would be worth $25,182.74 today. This showcases the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 2:30 pm

CBAY

GILD

Gilead Sciences Inc (NASDAQ:GILD) is acquiring CymaBay Therapeutics Inc (NASDAQ:CBAY) for $4.3 billion, or $32.50 per share in cash. This acquisition enhances Gilead's liver disease portfolio with CymaBay's lead product candidate, seladelpar, for primary biliary cholangitis (PBC). Seladelpar has shown promising results in Phase 3 trials and has received FDA priority review. The deal is expected to close in Q1 2024, with potential revenue growth and EPS neutrality in 2025 for Gilead.

Portfolio Pulse from Vandana Singh

February 12, 2024 | 2:22 pm

BTC-USD

DOGE-USD

ETH-USD

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed performance as analysts predict significant movements, including a potential Dogecoin pump. US markets see cautious optimism with Nasdaq and S&P futures flatlining ahead of key data, while Waste Management and Goodyear Tire are stocks to watch. Political and economic developments, including US-China tensions and EU climate policy shifts, alongside tech and EV sector updates, including Apple, Google, and Tesla, highlight the global landscape. Elon Musk's activities, from SpaceX Mars plans to Tesla's challenges, also draw attention.

Portfolio Pulse from Akanksha Bakshi

February 12, 2024 | 2:21 pm

VUZI

Vuzix Corp (NASDAQ:VUZI) shares dropped after announcing a mixed shelf offering of up to $300 million. The offering may include common stock, preferred stock, warrants, or a combination, sold directly or through agents, underwriters, or dealers. Despite Wall Street's overall 'Buy' rating, the stock has fallen 36.48% in the past three months, with revenue also down 36.39% over the past year.

Portfolio Pulse from Adam Eckert

February 12, 2024 | 2:18 pm