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T

A 'death cross' has formed on AT&T's (NYSE:T) chart, indicating a potential bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a possible change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:58 pm

S

SentinelOne reported Q4 sales of $126.10 million and a loss of $93.68 million, with a return on capital employed (ROCE) of -0.06%. The negative ROCE suggests that the company may not be effectively allocating its capital.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:58 pm

AI

C3.ai reported Q3 sales of $66.67 million, an 8.26% increase in earnings, but posted a loss of $63.16 million. The company's Return on Capital Employed (ROCE) was -0.07%, suggesting inefficient capital allocation. C3.ai's Q3 earnings per share beat analyst predictions.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:58 pm

WOOF

Petco Health and Wellness reported Q1 financial results and reaffirmed guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 2:57 pm

RIO

A 'death cross' has formed on Rio Tinto's (NYSE:RIO) chart, indicating a potential bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a possible change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:57 pm

BYD

Boyd Gaming (NYSE:BYD) reported Q1 earnings of $199.73 million, a 15.66% increase from the previous quarter, and sales of $963.97 million, a 4.45% increase since Q4. The company posted a return on capital employed (ROCE) of 0.12%, indicating effective capital allocation. Q1 earnings per share were $1.71, beating analyst predictions of $1.51.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:56 pm

OPAL

OPAL Fuels (NASDAQ:OPAL) reported Q1 sales of $42.96 million and a loss of $7.35 million, a 122.94% decrease from last quarter. The company posted a negative ROCE of -0.02%, suggesting inefficient capital allocation.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:56 pm

BIO

A death cross has formed on Bio-Rad Laboratories' (NYSE:BIO) chart, indicating a potential bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, signaling a possible change in the long-term trend.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:55 pm

BRDS

Bird Glb (NYSE:BRDS) reported Q1 sales of $29.54 million and a loss of $44.32 million, with a negative return on invested capital (ROIC) of -35.6%. This suggests that the company may not be effectively allocating its capital, which could impact its long-term success and returns.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:55 pm

CTS

CTS Corporation (NYSE:CTS) reported Q1 earnings of $18.34 million, a 22.78% increase from Q4, and sales of $145.99 million, a 2.61% increase since Q4. The company posted a return on invested capital (ROIC) of 3.88%, indicating effective capital allocation. CTS's Q1 earnings per share of $0.61 beat analyst predictions of $0.58.

Portfolio Pulse from Benzinga Insights

May 24, 2023 | 2:54 pm