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DCI

Donaldson Company, Inc. (NYSE:DCI) reported Q1 adjusted EPS of $0.75, surpassing the consensus estimate of $0.72, but sales of $846.30M fell short of the expected $857.06M. Year-over-year, earnings remained flat, while sales saw a marginal decline of 0.12% from $847.30M.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:02 am

BEEM

Beam Global has announced ongoing orders for its EV ARC solar-powered EV charging systems from various California state agencies. This indicates a sustained demand for Beam's products within the state sector, potentially signaling growth in the company's public sector sales.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:01 am

BTCUSD

Katie Stockton of Fairlead Strategies predicts a bullish trend for Bitcoin (BTC), expecting it to potentially reach $42,200 by the end of 2023. Bitcoin has already shown significant growth in 2023, with a 132% increase year to date. The cryptocurrency recently surpassed $38,000, a level not seen since May 2022. Stockton's confidence is supported by medium-term bullish technical indicators. Bitcoin's initial support is at its rising 50-day moving average of around $33,900. Standard Chartered also suggests Bitcoin could double to $100,000 in 2024.

Portfolio Pulse from Benzinga Neuro

November 29, 2023 | 11:00 am

TSLA

The Biden administration is considering providing temporary relief to automakers from the stringent EV tax credit rules that are based on the sourcing of materials from 'foreign entities of concern,' such as China. This move could affect the amount of tax credit EV purchasers receive, with full compliance resulting in a $7,500 credit and partial compliance in a $3,500 credit. Tesla Inc has informed customers that the tax credit for its Model 3 could be reduced after this year. The Treasury Department is expected to issue guidance on the matter soon.

Portfolio Pulse from Anan Ashraf

November 29, 2023 | 10:49 am

CABA

CLCO

FTCH

LESL

LVS

OKTA

PHG

VERV

Leslie's, Inc. reported mixed Q4 results with revenue exceeding estimates but earnings per share falling short, causing a 15% pre-market drop. Verve Therapeutics announced a public offering and private placement, leading to an 11.2% pre-market decline. Cabaletta Bio continued to fall after FDA concerns over CAR T cell therapies. Okta disclosed a data breach affecting all support system users. Cool Company reported Q3 results, contributing to a pre-market dip. Las Vegas Sands announced a stock offering by its principal stockholder. Philips faced FDA safety concerns with its CPAP machines. Farfetch delayed its Q3 financial results announcement.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 10:48 am

HPE

Barclays analyst Tim Long has maintained an Equal-Weight rating on Hewlett Packard (NYSE:HPE) but has reduced the price target from $16 to $15.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:40 am

UA

Kevin Plank, founder of Under Armour, Inc. (NYSE:UA), shares his journey from starting in his grandmother's basement to building a $5 billion empire. Plank's initial capital came from his college rose business and a $40,000 credit card opportunity. Under Armour's growth from $17,000 in sales in 1996 to $5.74 billion in revenue in FY2023 is highlighted, with a significant portion of sales coming from apparel. The company has a strong direct-to-consumer presence and a brand relationship with NBA star Stephen Curry. Under Armour is part of the S&P 400 MidCap Index and its stock closed up 0.94% at $7.54.

Portfolio Pulse from Shanthi Rexaline

November 29, 2023 | 10:31 am

RENT

Telsey Advisory Group analyst Dana Telsey has reiterated a 'Market Perform' rating on Rent the Runway (NASDAQ:RENT) and maintained a price target of $1.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:30 am

GOL

Citigroup analyst Stephen Trent has downgraded Gol Linhas Aereas (NYSE:GOL) from Neutral to Sell and reduced the price target from $3.3 to $3.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:15 am

BILI

Bilibili (NASDAQ:BILI) reported Q3 earnings with an EPS of $-0.29, missing estimates by 11.54% compared to the expected $-0.26. Revenue decreased by $18.80 million from the same period last year. In the previous quarter, BILI beat EPS estimates but experienced a 6.38% share price drop the following day.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 10:15 am