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TSN

Tyson Foods (TSN) reported Q2 2024 adjusted EPS of $0.62, surpassing the $0.39 estimate, but its sales of $13.072B fell short of the $13.157B forecast, marking a 0.46% year-over-year decrease.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:30 am

AAPL

BRK

Ross Gerber, a prominent Tesla Inc. investor, shared his admiration for Warren Buffett's decisive business acumen after Berkshire Hathaway reduced its Apple holdings by 18% in Q1. Gerber's recount of a 2008 interaction with Buffett highlights the latter's tough business approach. The reduction in Apple's stake by Berkshire has led to speculation about Apple's future, amidst discussions on AI's role in shaping the tech giant's strategy. Apple's CEO Tim Cook remains bullish with a significant investment in AI, supported by predictions of an AI-driven super cycle by Wedbush's Dan Ives.

Portfolio Pulse from Rounak Jain

May 06, 2024 | 11:28 am

EYPT

Trading for EYPT was halted and then resumed at 7:25 AM ET, with updates on quotation resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:25 am

GOSS

Trading for GOSS was halted at 7:25:00 a.m. ET due to pending news. This action indicates that significant news is expected to be released, which could materially impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:25 am

NSSC

NAPCO Security Technologies (NSSC) reported Q3 2024 earnings of $0.36 per share, surpassing the $0.33 estimate, a 38.46% increase from last year. Sales reached $49.267M, beating the $48.436M estimate, marking a 13.17% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:23 am

FMCX

KKR

LBO

KKR & Co. Inc. (NYSE:KKR) has signed agreements to acquire Healthium Medtech Ltd. from Apax Partners. The deal, valued at approximately $838.60 million, aims to leverage KKR's global network to accelerate Healthium's growth. The acquisition is expected to close in Q3 2024, pending regulatory approvals. KKR's stock closed lower by 2.18% at $95.01. Exposure to KKR can also be gained through FMCX and LBO ETFs.

Portfolio Pulse from Lekha Gupta

May 06, 2024 | 11:18 am

AMG

Affiliated Managers Group (AMG) reported Q1 2024 adjusted EPS of $5.37, surpassing the $5.23 estimate, but its sales of $499.9M fell short of the $526.531M forecast. This represents a 28.47% increase in EPS from last year, though sales saw a 3.38% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:14 am

LAZR

Luminar shares are trading lower following the company's announcement of a workforce reduction.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:14 am

BCRX

BioCryst Pharma's stock is trading higher after the company reported strong results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:13 am

PRFT

Perficient shares are trading higher following the announcement that it will be acquired by an affiliate of BPEA Private Equity Fund VIII.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:13 am