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MGX

Metagenomi (NASDAQ:MGX) reported a Q2 EPS loss of $(0.29), significantly beating the analyst consensus estimate of $(0.65) and showing a 92.41% improvement over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:17 pm

EVGO

EVgo has introduced a new performance monitoring tool called the Canary Model, aimed at enhancing the efficiency and reliability of its electric vehicle charging network.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:16 pm

DELL

IBM

META

On CNBC's 'Halftime Report Final Trades,' analysts discussed IBM, Dell, and Meta. IBM reported strong earnings and is seen as a defensive growth stock. Dell, down 46% from its highs, was upgraded by Barclays. Meta reported better-than-expected Q2 results and issued strong Q3 guidance.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 12:16 pm

NRBO

NeuroBo Pharmaceuticals (NASDAQ:NRBO) reported a Q2 EPS of $(1.85), significantly missing the analyst consensus estimate of $(1.12) by 65.18%. This represents a 12233.33% decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:15 pm

QUIK

QuickLogic shares are trading lower after the company reported worse-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:15 pm

FTXG

IVEG

K

KLG

Mars, Inc. is set to acquire Kellanova (NYSE:K) for $35.9 billion, valuing the company at $83.50 per share, a 44% premium over its 30-day average trading price. The deal, which includes all of Kellanova's brands and operations, is expected to close in the first half of 2025, pending shareholder and regulatory approvals. Kellanova shares rose 7.54% premarket following the announcement.

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 12:14 pm

KTCC

Key Tronic shares are trading higher after the company reported a year-over-year increase in Q4 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:14 pm

DGLY

EAT

VSCO

Victoria's Secret & Co. (VSCO) shares surged 22% after announcing a new CEO and strong preliminary Q2 results. Brinker International (EAT) shares fell 16% due to disappointing Q4 EPS results and weak FY25 guidance. Digital Ally (DGLY) shares skyrocketed 120% after receiving a U.S. Patent for fleet driver tracking and analysis.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:14 pm

SGMT

Sagimet Biosciences (NASDAQ:SGMT) reported a Q2 2024 GAAP EPS of $(0.25), beating the analyst consensus estimate of $(0.38) by 34.21%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:13 pm

GENI

Genius Sports Limited (NYSE: GENI) has been appointed as the Premier League's Semi-Automated Officiating supplier. Their AI and data platform, GeniusIQ, will be used to install computer vision cameras in every Premier League stadium to improve offside decision-making. The system is expected to go live during the 2024/25 season.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:13 pm