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TAL

TAL Education (NYSE:TAL) reported Q3 earnings with an EPS of $0.0, missing the estimate of $0.02 by 100%. Revenue increased by $140.82 million from the same period last year. In the previous quarter, TAL beat EPS estimates but the share price fell by 4.74% the following day.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 10:00 am

BIIB

UBS analyst Colin Bristow downgraded Biogen (NASDAQ:BIIB) from Buy to Neutral and reduced the price target from $311 to $276, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:51 am

DKNG

DraftKings CEO Jason Robbins sold 200,000 shares at an average price of $37.82 per share, as reported in a Form 4 filing on Wednesday.

Portfolio Pulse from Charles Gross

January 25, 2024 | 9:47 am

TAL

TAL Education (NYSE:TAL) reported Q3 sales of $373.51 million, surpassing the analyst consensus estimate of $331.17 million by 12.78%. This represents a significant increase of 60.52% compared to $232.68 million in sales during the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:33 am

USAP

Keybanc analyst Philip Gibbs has maintained an Overweight rating on Universal Stainless (NASDAQ:USAP) and increased the price target from $21 to $22.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:30 am

LI

TSLA

Li Auto (NASDAQ:LI) has showcased the performance of its Li Mega MPV against Tesla's (NASDAQ:TSLA) Model X in a range test, where the Li Mega demonstrated superior range and charging speed. This comes after Tesla mocked Li Auto's focus on comfort features over technology. The test, conducted by automobile bloggers in China, showed the Li Mega with a real-world range of 636 kilometers, outperforming the Model X which achieved 570 kilometers. The rivalry intensifies as Chinese automakers aim to grow the NEV industry and expand globally. Goldman Sachs recently predicted a 50% increase in Li Auto's stock value.

Portfolio Pulse from Benzinga Neuro

January 25, 2024 | 9:13 am

SDVKY

Sandvik reported Q4 earnings of $0.30 per share, missing the consensus estimate of $0.36, and sales of $2.99B, slightly below the expected $3.02B. Despite the miss, earnings and sales increased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:09 am

AAPL

GOOG

GOOGL

NFLX

SPOT

Apple Vision Pro's initial sales exceeded expectations, with estimates of 180,000 units sold in the first weekend, doubling the consensus forecast of 70,000 to 80,000 units. Wedbush analysts have upgraded their 2024 sales prediction for the headset to 600,000 units, a 30% increase from the previous estimate of 460,000 units. Despite the absence of major apps like Netflix, YouTube, and Spotify, the brokerage is bullish on the product's future, expecting a broader range of more affordable models. Wedbush maintains an 'Outperform' rating on Apple with a target price of $250.

Portfolio Pulse from Rounak Jain

January 25, 2024 | 8:56 am

TSLA

During Tesla Inc's Q4 earnings call, CEO Elon Musk provided updates on the next-gen vehicle, expected to be produced at Gigafactory Texas with a lower price point than current models. Production is slated to begin in the second half of 2025, with a slower vehicle volume growth rate in 2024. The Cybertruck, starting deliveries in November, is not a gating factor for the new platform, which will continue using a 48-volt architecture.

Portfolio Pulse from Anan Ashraf

January 25, 2024 | 8:30 am

AAPL

ITI

Apple Inc (NASDAQ:AAPL) has become the top smartphone brand in China, outperforming local competitors like Huawei despite government restrictions and product bans. Apple's success in Q4 2023 is attributed to strategic discounts and promotions, overcoming the challenges posed by China's push for technological self-reliance and the expansion of bans on Apple products by state firms and government departments.

Portfolio Pulse from Benzinga Neuro

January 25, 2024 | 8:08 am