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CMLS

Cumulus Media's shares surged following the announcement of their Q1 GAAP EPS results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:05 pm

FUBO

FuboTV shares are trading lower, reversing after initially gaining on Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:05 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares fell after the SEC charged its audit firm, BF Borgers CPA PC, and its owner with 'massive fraud' for failing PCAOB standards in over 1,500 SEC filings from Jan 2021 to Jun 2023. The firm agreed to a $12 million penalty, and its owner to $2 million, with both receiving permanent suspensions. This raises concerns about the accuracy of Trump Media's financial reports. CEO Devin Nunes has accused brokerage firms of stock manipulation, urging House GOP leaders to investigate.

Portfolio Pulse from Nabaparna Bhattacharya

May 03, 2024 | 4:04 pm

BENF

Beneficient (NASDAQ:BENF) shares surged 290% to $7.50 after announcing compliance with Nasdaq listing requirements, ensuring its continued listing. The stock experienced significant volatility and multiple trading halts, suggesting a potential short squeeze as investors cover short positions. This movement is amid a backdrop of a cooling job market and general advice on how to buy BENF stock, including through ETFs in the Financials sector.

Portfolio Pulse from Henry Khederian

May 03, 2024 | 4:03 pm

SGBX

Safe & Green Holdings (NASDAQ:SGBX) shares surged 149% to $7.30 after announcing its SG Echo subsidiary is set to deliver its first sustainable modular unit to a quick-service restaurant in the Pacific Northwest. The unit has passed its final plant inspection and is scheduled for shipment in Q2 2024. The company's strategic location in Durant, OK, is emphasized for its nationwide commercial market service capability.

Portfolio Pulse from Henry Khederian

May 03, 2024 | 4:03 pm

BILL

BILL Holdings shares are trading lower due to the company providing weak earnings per share (EPS) guidance.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:01 pm

TWOU

2U shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:01 pm

ASML

Deep-pocketed investors are showing a bullish sentiment towards ASML Holding (NASDAQ:ASML), with a significant move in options trading indicating a price target range of $690 to $1030 over the next three months. The options activity, highlighted by Benzinga, shows a mix of bullish and bearish sentiments, with a majority leaning bullish. Notable options activity includes both calls and puts with varying strike prices and sentiments. ASML, a leader in photolithography systems for semiconductor manufacturing, has seen its stock price increase by 3.49%, with a current price of $900.64. An analyst from Bernstein maintains an Outperform rating with a target price of $1052.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:01 pm

ACN

Accenture (NYSE:ACN) has significantly outperformed the market with an average annual return of 16.82% over the past 15 years, turning a $100 investment into $1,031.97 today. The company's market capitalization stands at $190.76 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:00 pm

MCK

Over the past 20 years, McKesson (NYSE:MCK) has produced an average annual return of 14.91%, outperforming the market by 6.92% annually. A $1000 investment in MCK 20 years ago would be worth $16,084.87 today. McKesson's current market capitalization stands at $68.61 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:00 pm