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GSL

Global Ship Lease (NYSE:GSL) reported Q2 2024 adjusted EPS of $2.46, beating the estimate of $2.29. Sales were $175 million, surpassing the $171.713 million estimate and showing a 7.97% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:02 pm

XGN

Exagen (NASDAQ:XGN) reported Q2 2024 GAAP EPS of $(0.16), beating the $(0.34) estimate, and sales of $15.064M, surpassing the $13.133M estimate. This represents a significant improvement in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:01 pm

LTRN

Lantern Pharma (NASDAQ:LTRN) announced positive preliminary results from its Phase 2 HARMONIC clinical trial for never smokers with advanced NSCLC. The trial showed an 86% clinical benefit rate in the initial patient cohort, with no additional safety concerns. LP-300, combined with chemotherapy, demonstrated promising efficacy regardless of prior TKI treatments.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:01 pm

PLD

Prologis (NYSE:PLD) has been analyzed by 8 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target is $131.0, with a high of $156.00 and a low of $115.00. Recent analyst actions include several rating raises and a few lowers, reflecting mixed sentiments. Despite a revenue decline of -18.08%, Prologis maintains strong net margins, ROE, and ROA, and has a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 12:00 pm

ZVRA

The FDA’s Genetic Metabolic Diseases Advisory Committee (GeMDAC) voted in favor of Zevra Therapeutics' (NASDAQ:ZVRA) arimoclomol for treating Niemann-Pick disease type C. William Blair increased the probability of success for arimoclomol to 90% and highlighted Zevra's balanced portfolio. Zevra's stock rose 16.7% in premarket trading.

Portfolio Pulse from Vandana Singh

August 05, 2024 | 11:59 am

TWKS

Thoughtworks Holdings shares are trading higher after the company reported better-than-expected Q2 sales results and announced it agreed to be taken private by Apax Funds.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:52 am

AAPL

BRK-A

BTCUSD

NVDA

QQQ

SPY

The stock market is set to open sharply lower on Monday due to negative sentiment from last week. Nasdaq 100 futures are down over 4%, and the VIX has spiked over 100%. Berkshire Hathaway has trimmed its equity portfolio, including selling nearly half of its Apple shares. Tech stocks, particularly Nvidia, are showing notable weakness. Bitcoin has also plunged over 15%. The global sell-off is driven by recession fears and the unwinding of yen carry trades.

Portfolio Pulse from Shanthi Rexaline

August 05, 2024 | 11:51 am

ALTM

Arcadium Lithium shares are trading lower after the company announced it acquired the lithium metal business of Li-Metal Corp.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:50 am

GME

IJH

MSFT

SONY

GameStop Corp (NYSE:GME) announced the shutdown of Game Informer magazine, laying off the entire staff. The closure comes as part of CEO Ryan Cohen's strategy to scrutinize expenses. Analysts criticize GameStop's business model but note its strong cash position and upcoming console releases from Sony, Nintendo, and Microsoft. GME shares fell 12.01% premarket.

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 11:40 am

TWKS

Trading halt status for Thoughtworks Holding Inc. (TWKS) was updated at 7:40:00 AM ET. The company is expected to resume trading following the release of news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:40 am