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DXCM

DexCom (NASDAQ:DXCM) reported Q4 earnings of $0.50 per share, surpassing the $0.43 estimate, marking a 47.06% increase from last year. Sales reached $1.03B, exceeding the $1.02B estimate, a 26.90% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:03 pm

EMKR

EMCORE (NASDAQ:EMKR) reported Q1 2024 adjusted EPS of $(0.03), missing the $(0.02) estimate, with sales of $24.12M also missing the $27.00M estimate. This represents a 3.33% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:02 pm

POWI

Power Integrations (NASDAQ:POWI) reported Q4 2023 adjusted EPS of $0.22, surpassing the $0.15 estimate, but its sales of $89.50M fell short of the $90.17M forecast, marking a 28.27% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:02 pm

FLT

JP Morgan analyst Tien-Tsin Huang has maintained an Overweight rating on Fleetcor Technologies (NYSE:FLT) and increased the price target from $285 to $337.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:02 pm

KLAC

Over the past 20 years, KLA (NASDAQ:KLAC) has produced an average annual return of 12.81%, outperforming the market by 5.26% on an annualized basis. With a current market capitalization of $82.49 billion, a $1000 investment in KLAC 20 years ago would be worth $11,151.41 today.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:00 pm

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) has delivered an average annual return of 17.45% over the past 15 years, outperforming the market by 4.73% annually. With a current market capitalization of $21.52 billion, a $100 investment in FCNCA 15 years ago would be worth $1,069.30 today.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:00 pm

ARM

BTCUSD

DIA

DIS

PINS

SPY

The S&P and Dow closed relatively flat, while shares of Arm and Disney surged post-earnings. Bitcoin also rose, surpassing $45,000. Pinterest is set to report earnings after the market close.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 8:56 pm

AMKBY

ZIM

Zim Integrated Shipping Services Ltd. (NYSE:ZIM) stock is trading lower due to turmoil in the Red Sea, affecting shipping routes and causing uncertainty in the industry. Moller Maersk (OTCPK:AMKBY) also reported earnings and warned of future uncertainties due to the Red Sea crisis, leading the industry lower. The crisis has led to immediate capacity constraints and temporary rate increases, but an oversupply in shipping capacity is expected to eventually pressure prices. Attacks by Iran-backed Houthi militia have forced shipping companies to reroute, potentially impacting global inflation.

Portfolio Pulse from Erica Kollmann

February 08, 2024 | 8:54 pm

ARKK

NVDA

SARK

TARK

TSLA

Cathie Wood's ARK Invest, known for its bold investments in companies like Tesla and NVIDIA, and its bullish stance on Bitcoin, has been named the top 'wealth destroyer' by Morningstar. ARK Innovation ETF (ARKK) ranked 3rd in funds that depreciated the most over the last decade, with ARK's firm losing approximately $14.3 billion overall. Despite past successes, ARKK's value plummeted in the 2022 bear market. Options for investors include shorting ARKK through AXS Short Innovation Daily ETF (SARK) or leveraging with AXS 2X Innovation ETF (TARK).

Portfolio Pulse from Johnny Rice

February 08, 2024 | 8:53 pm

JP Morgan analyst Kenneth Worthington maintains an Overweight rating on Carlyle Group (NASDAQ:CG) and raises the price target from $39 to $45.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 8:51 pm