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MLAB

Mesa Laboratories (NASDAQ:MLAB) reported Q1 2025 adjusted EPS of $0.62, beating the $0.44 estimate by 40.91%. Sales were $58.17M, surpassing the $55.74M estimate by 4.35% and marking a 14.86% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:55 pm

TCBP

Trading halt status for TCBP was updated at 8:55:00 AM ET. The halt was due to pending news and the resumption times were provided.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:55 pm

AQMS

K

MGOL

ZVRA

Shares of Kellanova (NYSE:K) surged 14.5% in pre-market trading following a report that Mars is considering acquiring the company. Other notable pre-market movers include MGO Global, Inc. (NASDAQ:MGOL), Zevra Therapeutics, Inc. (NASDAQ:ZVRA), and Aqua Metals, Inc. (NASDAQ:AQMS), among others.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 12:54 pm

NVTS

Samsung has expanded the adoption of Navitas Semiconductor's GaNFast ICs from its flagship Galaxy S22, S23, and S24 to the mainstream Galaxy A, and revolutionary Galaxy Z Fold6 and Galaxy Z Flip6 smartphones. This expansion includes enhanced Galaxy AI features and new energy-saving technology.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:53 pm

SPY

Fed's Goolsbee states that inflation has significantly decreased and employment is at a relatively decent level. However, the labor market is showing signs of weakening and needs to stabilize at a normal level. If the job market overheats, the Fed may need to take stronger actions.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:43 pm

SPY

Fed's Goolsbee highlights weaknesses in the jobs market and suggests that the current restrictive monetary policy should only be maintained as long as necessary. He emphasizes that if the economy is not overheating, further tightening should be avoided.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:43 pm

SPY

Fed's Goolsbee comments on the current global complexities and stock market volatility. He mentions that the Fed is prepared to respond to economic conditions, including potential rate cuts or raises, and emphasizes a balanced risk posture.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:42 pm

FRPT

Freshpet, Inc. (NASDAQ:FRPT) shares surged in premarket trading after the company reported better-than-expected Q2 earnings and upgraded its 2024 guidance. The company posted a Q2 EPS loss of $0.03, beating the consensus of a $0.08 loss, and quarterly sales of $235.253 million, surpassing the expected $231.053 million. Freshpet raised its 2024 net sales guidance to at least $965 million and adjusted EBITDA to at least $140 million.

Portfolio Pulse from Nabaparna Bhattacharya

August 05, 2024 | 12:42 pm

SPY

Federal Reserve's Goolsbee stated that the Fed has maintained a restrictive posture to prevent economic overheating. However, current data does not indicate overheating, and recent job numbers were weaker than expected but do not suggest a recession. Goolsbee emphasized the need for the Fed to be forward-looking and cautious in interpreting job reports.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:40 pm

DKNG

DraftKings shares are trading lower after Goldman Sachs maintained a Buy rating on the stock but lowered its price target from $60 to $54.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:32 pm