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BYU

BAIYU Holdings, Inc. (NASDAQ:BYU) shares rose after securing a $60 million contract to supply lithium batteries to Feng’s Auto Parts, marking its entry into the U.S. market. The deal involves 50,000 battery sets, enhancing BAIYU's brand and growth prospects in the energy sector.

Portfolio Pulse from Vaishali Prayag

August 29, 2024 | 9:34 pm

BNRG

Brenmiller Energy Ltd (NASDAQ:BNRG) shares surged after reporting improved first-half financial results. The company is exploring cold thermal energy storage for AI data centers and has a project pipeline worth up to $500 million. Shares rose 127.91% after-hours.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 9:32 pm

ESTC

Elastic N.V. (NYSE:ESTC) reported better-than-expected Q1 earnings but provided Q2 revenue guidance below estimates, leading to a significant drop in its stock price.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 9:23 pm

MCD

MSOS

The cannabis sector is facing volatility, with the MSOS ETF dropping 15.24% due to a delay in cannabis rescheduling. Despite this, some penny stocks like Vext Science, C21 Investments, and iAnthus Capital Holdings show resilience. However, companies like TerrAscend, AYR Strategies, and MariMed face credit downgrades.

Portfolio Pulse from Nicolás Jose Rodriguez

August 29, 2024 | 9:17 pm

LUNR

Intuitive Machines Inc (NASDAQ:LUNR) shares surged after being awarded a $116.9 million NASA contract to deliver payloads to the Moon. The contract highlights the company's capabilities in lunar delivery and autonomous operations. Intuitive Machines is in the final assembly phase of its second lunar mission, with plans for a third mission underway.

Portfolio Pulse from Adam Eckert

August 29, 2024 | 9:13 pm

ADSK

Autodesk Inc (NASDAQ:ADSK) reported strong Q2 earnings, surpassing revenue and EPS estimates. The company showed a 12% year-over-year revenue increase and provided optimistic guidance for Q3 and the full year. Shares rose 5.86% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 29, 2024 | 9:05 pm

SWAG

Stran & Company has received a deficiency notification from Nasdaq due to its failure to file its quarterly report on Form 10-Q. This could impact the company's stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 9:04 pm

FCX

Freeport-McMoRan (NYSE:FCX) has significantly outperformed the market over the past 5 years, with an annualized return of 37.04%. A $1000 investment in FCX 5 years ago would now be worth $4,832.41, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 9:01 pm

AKAM

Akamai Techs (NASDAQ:AKAM) has received mixed analyst reviews over the past three months, with a slight increase in the average 12-month price target to $116. Analysts have varied in their ratings, with some maintaining or raising their price targets, reflecting a generally positive outlook. Akamai's financials show strong profitability and effective cost management, despite revenue growth challenges compared to peers.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 9:00 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) shares surged after reporting strong Q2 results, with earnings and revenue surpassing analyst expectations. The company also provided an upbeat guidance for Q3 and the fiscal year, indicating continued growth and market share capture.

Portfolio Pulse from Erica Kollmann

August 29, 2024 | 8:58 pm