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HLTH

OOMA

RSLS

SCPX

Ooma, Inc. (NYSE:OOMA) shares surged 17% in pre-market trading after reporting better-than-expected Q1 results and issuing strong guidance for Q2 and FY25. Other notable pre-market movers include ReShape Lifesciences Inc. (NASDAQ:RSLS) up 130.2%, Scorpius Holdings, Inc. (NYSE:SCPX) up 48.7%, and Cue Health Inc. (NASDAQ:HLTH) down 41.9% after filing for Chapter 7 bankruptcy.

Portfolio Pulse from Avi Kapoor

May 29, 2024 | 12:07 pm

BNAI

Brand Engagement Network Inc. (NASDAQ:BNAI) has closed a $4.95 million private placement and appointed Paul Chang as Co-CEO. The investment provides financial flexibility for the development of AI assistants and includes stock and warrants priced above the current trading price. Shares spiked higher following the announcement.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:07 pm

ASTS

GPAK

ONFO

SEAT

SIFY

The article highlights the pre-market movements of 12 communication services stocks on Wednesday. Notable gainers include Gamer Pakistan (GPAK), AST SpaceMobile (ASTS), and Vivid Seats (SEAT). Significant losers include Sify Technologies (SIFY), Onfolio Holdings (ONFO), and JOYY (YY).

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 12:06 pm

QUIK

QuickLogic Corporation (QUIK) will be joining the Russell 3000 Index, which is expected to increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:06 pm

BHVN

GENE

HLTH

IKNA

LUCY

ONMD

RSLS

SCPX

SRDX

STSS

XCUR

The article highlights significant pre-market movements in health care stocks on Wednesday. Notable gainers include Reshape Lifesciences (RSLS), Scorpius Holdings (SCPX), Genetic Technologies (GENE), Surmodics (SRDX), Ikena Oncology (IKNA), and Kineta (KA). On the losing side, Cue Health (HLTH), Sharps Technology (STSS), Biohaven (BHVN), Exicure (XCUR), Innovative Eyewear (LUCY), and OneMedNet (ONMD) saw declines.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 12:06 pm

AWIN

CMCO

GVH

HOVR

MDU

NEOV

The article highlights the pre-market movements of 12 industrial stocks on Wednesday. Notable gainers include NeoVolta (NEOV), Globavend Holdings (GVH), and New Horizon Aircraft (HOVR). Significant losers include AERWINS Technologies (AWIN), MDU Resources (MDU), and Columbus McKinnon (CMCO).

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 12:06 pm

AKTS

APPS

ASNS

AUUD

BNAI

BNZI

MINM

MYSZ

OBLG

OOMA

QBTS

SOBR

The article highlights the pre-market movements of various information technology stocks on Wednesday. Notable gainers include Brand Engagement Network (BNAI), Banzai International (BNZI), Ooma (OOMA), D-Wave Quantum (QBTS), My Size (MYSZ), and Auddia (AUUD). Significant losers include Sobr Safe (SOBR), Actelis Networks (ASNS), Digital Turbine (APPS), Oblong (OBLG), Minim (MINM), and Akoustis Technologies (AKTS).

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 12:06 pm

LFMD

LifeMD (LFMD) is set to join the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:06 pm

ACHV

Achieve Life Sciences has initiated the ORCA-OL clinical trial to evaluate the long-term exposure of Cytisinicline for users of nicotine e-cigarettes and smokers.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:04 pm

AAPL

GOOG

GOOGL

INTC

MSFT

Apple's upcoming iPhone 16 with AI integration is set to launch soon, with a report predicting that over half of the world's smartphones will be AI-capable by 2028. Major players like Apple, Google, and Samsung are leading this trend. The AI smartphone market is gaining momentum, with significant advancements expected in the coming years.

Portfolio Pulse from Rounak Jain

May 29, 2024 | 12:04 pm