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Stock Prices

AUVIP

GWAV

IPW

NMHI

PEGY

PPIH

SATL

SGLY

TGI

TITN

TOMZ

ZCAR

The article highlights the intraday movements of various industrial stocks on Thursday. Pineapple Energy (PEGY), Zoomcar Holdings (ZCAR), Nature's Miracle Holding (NMHI), Greenwave Tech Solns (GWAV), iPower (IPW), and TOMI Environmental Solns (TOMZ) saw significant gains. Conversely, Applied UV (AUVIP), Singularity Future Tech (SGLY), Titan Machinery (TITN), Satellogic (SATL), Perma-Pipe Inlt Hldgs (PPIH), and Triumph Group (TGI) experienced notable declines.

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 4:31 pm

AKTS

ASNS

ASTI

AUUD

BNZI

IDAI

LPSN

MTC

OBLG

SGN

SLNHP

VRME

The article highlights the intraday movements of various information technology stocks on Thursday. Notable gainers include Ascent Solar Technologies (ASTI), T Stamp (IDAI), Auddia (AUUD), Actelis Networks (ASNS), LivePerson (LPSN), and Soluna Holdings (SLNHP). Significant losers include Akoustis Technologies (AKTS), Banzai International (BNZI), VerifyMe (VRME), MMTEC (MTC), Oblong (OBLG), and Signing Day Sports (SGN).

Portfolio Pulse from Benzinga Insights

May 23, 2024 | 4:31 pm

MDLZ

Mondelez International Inc (NASDAQ:MDLZ) has been fined 337.5 million euros by the European Union for anti-competitive practices. The fine was reduced by 15% after Mondelez admitted to the violations. The company restricted cross-border trade of its products within the EU, impacting wholesale clients and exclusive distributors. Mondelez shares are trading lower by 1.23% following the news.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 4:29 pm

META

PINS

SNAP

Elon Musk has advised parents to limit the amount of time their children spend on social media. This statement could impact companies like Meta Platforms (META), Pinterest (PINS), and Snap Inc. (SNAP) as they are major players in the social media space.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:28 pm

SCVL

Shoe Carnival (NASDAQ: SCVL) shares rose by 5.5% after the company reported strong Q1 earnings. Net sales increased by 6.8% year over year to $300.4 million, beating expectations. The company also saw improvements in gross profit margin and operating income. Shoe Carnival reiterated its FY24 adjusted EPS outlook and plans to expand its store count to over 500 by 2028.

Portfolio Pulse from Nabaparna Bhattacharya

May 23, 2024 | 4:27 pm

BNBUSD

DOGEUSD

ETHUSD

SHIBUSD

The DeFi Villain predicts that the approval of an Ethereum spot ETF could reignite 'animal spirits' in the crypto market, reminiscent of the 2021 alt-season bull run. This could lead to significant price movements in various altcoins.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 4:27 pm

BNZI

Banzai shares are trading lower following the announcement of a $2.5 million public offering.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:26 pm

AMAT

AMD

MU

NVDA

QQQ

SMCI

SPY

TSM

VRT

Nvidia reported strong Q1 earnings, surpassing consensus estimates and aligning with whisper numbers. The company announced a 10-for-1 stock split and highlighted future revenue from AI factories and sovereigns. Other AI-related stocks also saw positive movement. The Arora Report raised its long-term target for Nvidia and issued a new Buy Now rating.

Portfolio Pulse from The Arora Report

May 23, 2024 | 4:26 pm

UAA

Under Armour (NYSE:UAA) reported a revenue decline for Q4 and received a downgrade from JPMorgan. Oppenheimer's analyst Brian Nagel downgraded UAA from Outperform to Perform, citing the need for clearer signals of improving fundamentals. Management's restructuring plan aims to streamline operations, but significant new products won't hit the market until Fall/Winter 2025. Shares declined by 2.52% to $6.78.

Portfolio Pulse from Priya Nigam

May 23, 2024 | 4:25 pm

TSLA

Elon Musk discussed the future impact of AI, suggesting that in a 'benign' scenario, AI could lead to widespread job displacement, necessitating a universal basic income. This could have significant implications for companies like Tesla (TSLA) that are heavily invested in AI technologies.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:25 pm