Streetbeat News

Stock Prices

VCXB

10X Capital Venture Acquisition Corp. has received a notice from the NYSE indicating that it is not in compliance with the exchange's listing standards. The specific standards not met were not disclosed in the news snippet provided.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:47 pm

SPHR

Sphere Entertainment's Las Vegas Sphere venue gained attention with U2 concerts and viral ads. It's set to benefit from Super Bowl LVIII with ad rates up to $2M for the week. Dead & Company, featuring Grateful Dead members, confirmed potential shows at the Sphere. Sphere Entertainment reported Q1 revenue of $118M, down 4% YoY, with $7.8M from the Sphere. The second quarter will include U2 concert revenue and Super Bowl ad earnings. SPHR shares were up 0.6% to $35.38.

Portfolio Pulse from Chris Katje

January 31, 2024 | 10:41 pm

KPRX

Trading for KPRX was halted and then resumed at 5:40 PM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:40 pm

SVT

Servotronics, Inc. has appointed Harrison W. Kelly as its new Chief Operating Officer (COO). This strategic move could signal a new direction or operational strategy for the company. Investors may watch for potential changes in operations and performance under Kelly's leadership.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:37 pm

NXT

Nextracker Inc. (NASDAQ:NXT) reported Q3 earnings of 96 cents per share, surpassing estimates of 48 cents, and revenue of $710.43 million, beating estimates of $617.95 million. The company saw a 168% increase in adjusted EBITDA year-over-year and raised its FY 2024 revenue guidance to $2.425-$2.475 billion, with GAAP net income expected between $374-$429 million. Shares rose 18.20% to $53.51 in after-hours trading.

Portfolio Pulse from Ryan Gustafson

January 31, 2024 | 10:26 pm

OBT

Orange County Bancorp (NASDAQ:OBT) reported Q4 earnings of $1.44 per share, surpassing the $1.34 estimate, and sales of $25.89M, exceeding the $24.55M estimate. However, there was a 10.56% decrease in earnings and a slight 0.05% drop in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:26 pm

NEU

NewMarket Corporation reported a decrease in Q4 earnings per share from $9.26 to $8.38 and a 5.74% drop in sales to $643.35M compared to the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:24 pm

CLB

Core Laboratories (NYSE:CLB) reported Q4 adjusted EPS of $0.19, which was in line with analyst estimates, and sales of $128.21M, slightly beating the $127.77M estimate. However, this represents a 5% decrease in earnings per share compared to the same period last year, while sales saw a marginal 0.50% increase from the previous year.

Portfolio Pulse from bharat@benzinga.com

January 31, 2024 | 10:23 pm

TSLA

Elon Musk's tweet featuring a video of Tesla's humanoid robot, Optimus, caused a 25% surge in the price of the memecoin Optimus AI (OPTI). Blockchain entrepreneur Bruno Volcovinsky commented on the quick money-making opportunity this presents for investors. Crypto analyst Tiredwtf noted Musk's significant influence on crypto prices, referencing past surges in Dogecoin and other Elon-inspired coins. However, the price of OPTI has since corrected, falling back to around 20 cents.

Portfolio Pulse from Murtuza Merchant

January 31, 2024 | 10:22 pm

KPRX

Trading for KPRX has been halted at 5:10:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material news.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:10 pm