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SNOW

Snowflake Inc's shares are trading lower after the company reported Q1 results, with several analysts lowering price targets. Q1 revenue increased 48% YoY to $623.6 million, beating estimates, and product revenue was up 50% YoY. However, the stock price fell 15% to $150.60.

Portfolio Pulse from Adam Eckert

May 25, 2023 | 1:43 pm

BBIG

Vinco Ventures, Inc. (NASDAQ:BBIG) announced receipt of a staff determination stating that the company failed to meet its obligations under Nasdaq Listing Rule 5810(b) due to not filing its Form 10-Q for the period ended March 31, 2023. The company is required to file updated information by May 25, 2023, and remains confident that it will file its 10-Q by July 7, 2023.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 1:36 pm

BA

Boeing's CFO stated that the company does not expect significant profitability from its Defense, Space & Security segment in the second half of the year.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 1:34 pm

BA

FXI

Boeing's CFO announced that the company expects the 787 production rate to increase to 5 per month by the end of the year, with strong demand signals from China returning to pre-Covid levels.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 1:34 pm

WLDS

Wearable Devices announced that its Mudra Band for Apple Watch is now available for preorder, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 1:34 pm

RY

Royal Bank of Canada (NYSE:RY) reported a Q2 FY23 adjusted net income of C$3.8 billion, down 13% Y/Y, with adjusted EPS declining by 11% Y/Y to C$2.65. The results were impacted by high provisions for credit losses of C$600 million. Revenues increased to C$13.5 billion from C$11.2 billion a year ago. RY declared a quarterly dividend of C$1.35 per share, up 2%.

Portfolio Pulse from Lekha Gupta

May 25, 2023 | 1:31 pm

MMM

SCS

TRN

Wall Street's most accurate analysts recommend holding three industrial stocks with over 4% dividend yields: Steelcase Inc. (SCS), 3M Company (MMM), and Trinity Industries (TRN). These companies have high free cash flows and reward shareholders with high dividend payouts.

Portfolio Pulse from Lisa Levin

May 25, 2023 | 1:31 pm

BA

Boeing CFO Greg Smith stated that the current environment is favorable for jet price realization, indicating a positive outlook for the company's aircraft sales.

Portfolio Pulse from Bill Haddad

May 25, 2023 | 1:30 pm

FISV

Fiserv plans to transfer its listing to the New York Stock Exchange (NYSE) and expects to begin trading on June 7, 2023, under a new ticker symbol 'FI'.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 1:29 pm

KBNT

Kubient and Adomni announced a definitive merger agreement, causing Kubient shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 1:29 pm