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FWONK

GME

Citadel CEO Ken Griffin, known for betting against GameStop, is reportedly interested in acquiring a minority stake in the NFL's Miami Dolphins. The team's owner, Stephen Ross, is considering selling a minority stake, which includes the Hard Rock Stadium and Formula 1 Miami Grand Prix rights, to invest in other sports ventures. The Dolphins are valued at $5.24 billion, with $600 million in revenue and $128 million in operating profit in 2022. Griffin's move to Miami and his interest in the Dolphins align with his vision of Miami becoming a major financial hub.

Portfolio Pulse from Chris Katje

November 21, 2023 | 10:27 pm

SOBR

SOBRsafe has received a Nasdaq deficiency letter due to its stock price not meeting the minimum bid price requirement. The company has 180 days to maintain a closing bid price of at least $1.00 for 10 consecutive business days. SOBRsafe has stated it is not considering a reverse stock split at this time, as it has sufficient cash on hand and increasing sales activity.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 10:21 pm

EIS

Israel is close to finalizing a deal with Hamas for the release of 50 hostages in exchange for a 4-day ceasefire and the release of about 140 Palestinian prisoners. The deal has the support of the IDF, Shin Bet, and Mossad, and excludes prisoners convicted of murder. The ceasefire includes a halt to Israeli UAV activities in Gaza for six hours daily. The deal's implementation awaits cabinet approval and potential High Court appeals. Netanyahu insists on continued military operations post-deal, while Biden expresses cautious optimism. Israeli stocks, including the iShares MSCI Israel ETF (EIS), saw a slight uptick following the news.

Portfolio Pulse from Piero Cingari

November 21, 2023 | 10:20 pm

API

Agora (NASDAQ:API) reported a Q3 net loss of $(0.23) per ADS and sales of $35.02M, which fell short of the analyst consensus estimate of $40.17M by 12.83%. This represents a 14.57% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 10:03 pm

DLO

DLocal Ltd (NASDAQ:DLO) reported Q3 earnings with revenue and EPS below estimates, and provided soft guidance for full-year 2023. Revenue was $163.92 million versus the expected $168.51 million, and EPS was 13 cents compared to the forecasted 15 cents. Despite a 47% year-over-year revenue increase and a 69% increase in total payment volume, the reaffirmed revenue guidance of $620 million to $640 million falls short of the $645.96 million estimate. Additionally, CFO Diego Cabrera Canay is stepping down but will remain through Q1 2024 for a smooth transition. After the report, DLocal shares dropped significantly in after-hours trading.

Portfolio Pulse from Adam Eckert

November 21, 2023 | 9:54 pm

BBAR

Banco BBVA Argentina (NYSE:BBAR) experienced a significant decrease in earnings per share (EPS) in Q3, reporting $0.15, which is down 58.33% from $0.36 YoY. However, the bank's sales saw a substantial increase, rising 55.05% to $879.35M from $567.12M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:52 pm

NVDA

Nvidia has expressed concerns in its 10-Q filing that its competitive position has been and may continue to be harmed over the long term due to changes in the U.S. government's export controls.

Portfolio Pulse from Charles Gross

November 21, 2023 | 9:50 pm

TMO

Thermo Fisher Scientific Inc (NYSE:TMO) shares saw an increase in trading volume on Tuesday without a clear catalyst. The uptrend follows the company's announcement last Tuesday of a $4 billion share repurchase program, which has no expiration date and supersedes the previous $1 billion authorization. The stock has been positively reacting to the news, with a slight pullback last Friday but continued gains since Monday. After-hours trading showed a minor decrease of 0.03% at $482.39.

Portfolio Pulse from Ryan Gustafson

November 21, 2023 | 9:44 pm

SONX

Sonendo, Inc. has announced that its stock will no longer be traded on the New York Stock Exchange (NYSE) and will begin trading on the OTCQX market effective November 22, 2023. This transition follows the suspension of trading on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:31 pm

CAUD

CSSE

CUEN

GPAK

LQR

MNY

MOBQ

MSGM

TGL

TRKA

In Tuesday's after-market session, several communication services stocks experienced significant movements. TuanChe (TC) saw a 17.1% increase, while Chicken Soup for the Soul (CSSE) rose by 11.66%. Gamer Pakistan (GPAK) went up by 10.27%, Mobiquity Technologies (MOBQ) by 8.4%, and Treasure Global (TGL) by 6.07%. Collective Audience (CAUD) also increased by 5.0%. On the losing side, Cuentas (CUEN) dropped by 6.5%, MoneyHero (MNY) by 3.46%, LQR House (LQR) by 3.21%, Motorsport Games (MSGM) by 2.55%, Troika Media Group (TRKA) by 1.7%, and So-Young Intl (SY) by 1.62%. Notably, CUEN, LQR, and SY recently released their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:31 pm