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CURR

Avenir Wellness Solutions, Inc. (OTCPK:CURR) reported Q1 2023 results with net revenue of $1.2 million, a 15.1% YoY increase and 35.6% sequential growth from Q4 2022. Gross profit was $977,000, and gross margin was 78.9%. The company ended the period with $1.4 million in cash. However, a delay in receiving proceeds from a July 2022 asset sale will negatively impact Q2. The company's shares were trading 20.05% higher at $0.1 per share.

Portfolio Pulse from Vuk Zdinjak

July 31, 2023 | 2:48 pm

JBHT

NKLA

Nikola Corporation (NASDAQ:NKLA) has announced an agreement with J.B. Hunt Transport, Inc. (NASDAQ:JBHT) for the purchase of 13 Nikola zero-emission Class 8 EV trucks. The order includes 10 battery-electric and three hydrogen fuel cell vehicles, with the first deliveries expected in August. Following the announcement, NKLA shares rose by over 20% on heavy trading volume. Nikola will release its Q2 financial results on Friday.

Portfolio Pulse from Erica Kollmann

July 31, 2023 | 2:48 pm

USO

According to a Reuters survey, OPEC's oil output in July fell by 840,000 barrels per day from June to 27.34 million barrels per day. This decrease is attributed to a voluntary cut by Saudi Arabia and an outage in Nigeria.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:47 pm

AMAT

A significant bullish stance has been taken on Applied Mat (NASDAQ:AMAT) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 61% bullish and 38% bearish. The whales have been targeting a price range from $135.0 to $155.0 for Applied Mat over the last 3 months. B of A Securities, Mizuho, and Citigroup have all maintained their Buy rating on Applied Mat, with price targets of $165, $152, and $170 respectively.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:47 pm

CMG

A significant number of investors have taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with 64% of detected trades being bearish. The price range targeted by these investors over the last 3 months is $1500.0 to $2200.0. The current price of CMG is $1957.0, up 2.33%. Analysts from Morgan Stanley, Wedbush, Truist Securities, TD Cowen, and Keybanc have given their ratings and price targets for CMG.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:47 pm

DIT

Amcon Distributing (AMEX:DIT) has announced a quarterly dividend of 18 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 18 cents lower. Shareholders owning DIT by the end of Wednesday's session are eligible for the dividend, which will be paid out on August 17, 2023.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

KT

LIZI

NXST

STCN

UONE

Benzinga Insights has identified five value stocks in the communication services sector that may be worth watching: KT, Lizhi, Steel Connect, Urban One, and Nexstar Media Gr. These stocks were selected based on their low P/E multiples, indicating they may be undervalued. The earnings per share for these companies have shown varied performance, with some increasing and others decreasing.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

GE

General Electric Co (GE) announced better-than-expected Q2 results, driven by all three of its segments. However, Oppenheimer analyst Christopher Glynn downgraded the stock from Outperform to Perform, citing valuation concerns. GE shares have risen by 35% since the last upgrade in December 2022.

Portfolio Pulse from Priya Nigam

July 31, 2023 | 2:46 pm

ACRX

ALLR

DVAX

INVA

OGN

The article provides an overview of value stocks in the healthcare sector, highlighting five companies: AcelRx Pharmaceuticals, Innoviva, Allarity Therapeutics, Organon, and Dynavax Technologies. These companies have been identified as undervalued based on their low price-to-earnings (P/E) multiples. The article also provides updates on the companies' Q1 earnings per share and dividend yield (in the case of Organon).

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:45 pm

SN

Trading of SharkNinja shares has been halted due to a circuit breaker being triggered on the downside.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 2:43 pm