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BOX

Box Inc. has released its Q2 financial guidance, projecting adjusted EPS of $0.40-$0.41, which is above the estimated $0.39. However, the company expects revenue to be in the range of $268M-$270M, slightly below the estimated $270.77M.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:07 pm

ALPP

Alpine 4 Holdings has received an additional Staff Determination Letter from Nasdaq and a Hearing Panel Letter. The letter states that unless an extension is granted, trading in the company's shares will be suspended pending a hearing scheduled for July 2, 2024. The company is working to complete and file its Quarterly and Annual Reports with the SEC.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:06 pm

MCHP

Microchip Technology shares are trading lower following the announcement of a proposed convertible senior notes offering.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:02 pm

MRUS

Merus has announced a proposed public offering of $300 million. This move is likely aimed at raising capital for future growth and development.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:02 pm

In the last three months, 12 analysts have provided ratings for Colgate-Palmolive (NYSE:CL), with a mix of bullish, somewhat bullish, and indifferent sentiments. The average 12-month price target has increased by 4.86% to $95.33. Analysts have raised their price targets, reflecting positive market sentiment and strong financial performance, including a 6.18% revenue growth rate and a net margin of 13.48%. However, the company faces challenges in debt management with a higher-than-average debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:01 pm

In the last three months, 6 analysts have published ratings on Spire (NYSE:SR), with a mix of bullish, indifferent, and neutral perspectives. The average 12-month price target has slightly increased to $64.25. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Spire faces financial challenges, including a decline in revenue growth, lower net margin, ROE, and ROA compared to industry averages, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:01 pm

EQT

EQT's short interest has risen by 6.34%, with 34.08 million shares sold short, representing 10.06% of its float. This is higher than the peer group average of 7.03%. It would take traders 6.26 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:00 pm

FUTU

In the last three months, 4 analysts have published ratings on Futu Holdings (NASDAQ:FUTU), showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $73.58, with a high estimate of $92.00 and a low estimate of $62.00. Analysts from JP Morgan, CLSA, and Citigroup have adjusted their ratings and price targets, reflecting their evolving views on the company's performance.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:00 pm

TDG

Transdigm Group shares are trading lower following the announcement of a definitive agreement to acquire Raptor Scientific.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:56 pm

CLMT

CNQ

COP

CVE

CVX

DINO

DVN

MPC

PBR

PSX

SHEL

USO

XLE

WTI crude oil prices surged to $80 per barrel, marking the best day in over two months due to anticipated demand and supply constraints. The United States Oil Fund (USO) and Energy Select Sector SPDR Fund (XLE) saw significant gains. Goldman Sachs raised its long-term oil demand outlook and highlighted several Buy- and Sell-rated energy stocks.

Portfolio Pulse from Piero Cingari

May 28, 2024 | 7:55 pm