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SONY

Sony Group Corp. (NYSE:SONY) released a YouTube video showcasing a futuristic PlayStation controller and a floating, curved screen, sparking mixed reactions. The video, part of Sony's vision for the next decade, is not tied to any existing product but highlights potential advancements in gaming technology. Sony's commitment to innovation is further evidenced by their plans to launch a PS5 Pro and the PlayStation Portal peripheral.

Portfolio Pulse from Franca Quarneti

May 23, 2024 | 6:54 pm

SONY

Naughty Dog's next game could redefine mainstream perceptions of gaming, according to studio head Neil Druckmann. In an interview with Sony Group Corp. (NYSE:SONY), Druckmann expressed excitement about the upcoming project, which remains a mystery but aims to be even bigger than their previous hits like The Last of Us and Uncharted series.

Portfolio Pulse from Franca Quarneti

May 23, 2024 | 6:49 pm

KZIA

Kazia Therapeutics has received a 180-day extension from Nasdaq to meet the minimum bid price requirement, with a new deadline set for November 18, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:46 pm

AFRM

SQ

Shares of buy now pay later companies are trading lower due to reports that the CFPB will require them to have the same customer protections as credit card users.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:46 pm

AFRM

PYPL

SQ

Shares of Affirm, Paypal, and Block dropped after the CFPB issued new regulations for BNPL lenders, requiring them to provide consumer protections similar to credit card providers.

Portfolio Pulse from Erica Kollmann

May 23, 2024 | 6:45 pm

SUM

Summit Materials (NYSE:SUM) has seen a 6.59% decrease in its short percent of float, now at 3.97%. This indicates a potential shift in market sentiment as fewer shares are being shorted. The company's short interest is higher than its peers, which average 1.92%.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 6:45 pm

BCYC

BJ

BNZI

CYTK

ELF

ONMD

TGI

U.S. stocks traded lower with the Dow Jones falling over 550 points. BJ's Wholesale Club reported better-than-expected Q1 earnings. Shares of OneMedNet, Bicycle Therapeutics, and e.l.f. Beauty surged, while Banzai International, Cytokinetics, and Triumph Group saw significant declines.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 6:40 pm

ASTI

Ascent Solar Technologies (NASDAQ:ASTI) shares are soaring due to increased trading volume and social media attention. The surge is likely driven by positive sentiment in the solar sector following President Biden's announcement of increased tariffs on Chinese solar cells. Ascent Solar's trading volume has significantly exceeded its average, and the stock is trending on social platforms. The company recently announced a firm order for its thin-film photovoltaic solutions and is set to report Q1 earnings in early June.

Portfolio Pulse from Vaishali Prayag

May 23, 2024 | 6:38 pm

SNOW

Snowflake Inc (NYSE:SNOW) reported strong Q1 results with product revenue growing 34% year-on-year, beating consensus estimates. Despite this, the company cut its full-year margin outlook, leading to a 3.29% decline in its stock price. Analysts provided mixed reactions, with several raising their price targets while others noted concerns about margin pressures due to increased GPU expenses.

Portfolio Pulse from Priya Nigam

May 23, 2024 | 6:35 pm

VTRS

Viatris shares are trading lower due to continued weakness following the company's worse-than-expected Q1 sales results reported on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:34 pm