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DUOT

Duos Technologies Group, Inc. (NASDAQ:DUOT) has been granted a new patent for its railcar inspection technology, enhancing railcar inspection processes with AI and Machine Vision. This technology allows for efficient, automated inspections, potentially reducing the need for certain Federal Railroad Administration mandated inspections. The technology is already in use across North America, with plans for further expansion. This patent, along with a recent rail safety AI patent, positions Duos as a leader in railcar inspection innovation.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:13 pm

MGRX

Mangoceuticals has received a 180-day extension from Nasdaq to meet the minimum bid price requirement and has also obtained conditional approval for compliance with Nasdaq's minimum stockholders' equity requirement. This development is crucial for the company to maintain its listing on the Nasdaq stock exchange.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:12 pm

TSLA

Mark Hawtin of GAM Investments expressed concerns about Tesla Inc.'s fundamentals and demand, despite its stock surge. He cited increasing competition in the EV market and potential issues from Tesla's aggressive price cuts. Tesla's Q1 earnings showed a 9% revenue decrease year-over-year, missing estimates, and the company announced layoffs as part of cost-cutting measures. Skepticism also surrounds Tesla's robo-taxis viability and its full self-driving software rollout in China.

Portfolio Pulse from Benzinga Neuro

May 02, 2024 | 12:12 pm

IBM

IBM has announced the expansion of its software portfolio's availability to 92 countries in the AWS Marketplace, marking a significant increase in its global reach.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:11 pm

FTDR

Frontdoor (NASDAQ:FTDR) reported Q1 2024 adjusted EPS of $0.44, surpassing the $0.20 estimate, and sales of $378M, beating the $375.986M estimate. This represents a 51.72% increase in earnings and a 3.00% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:09 pm

ZTS

Zoetis shares are trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:09 pm

TTD

Jefferies analyst James Heaney upgraded Trade Desk (NASDAQ:TTD) from Hold to Buy and increased the price target from $95 to $105.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:09 pm

BHAT

CRTO

MAX

MCS

In Thursday's pre-market session, several communication services stocks showed notable movements. Criteo (CRTO) and MediaAlpha (MAX) led the gainers with significant increases following their Q1 earnings reports. Other gainers included Chicken Soup for the Soul (CSSEP), Grom Social Enterprises (GROM), IAC (IAC), and Bilibili (BILI). On the losing side, Blue Hat Interactive (BHAT) and Global Mofy Metaverse (GMM) saw declines, along with MediaCo Holding (MDIA), HWH International (HWH), Marcus (MCS), and Anghami (ANGH), with some reacting to earnings reports.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 12:07 pm

SWI

SolarWinds projects its FY24 adjusted EPS to be between $1.00 and $1.04, surpassing the estimated $0.98. The company anticipates revenue to range from $771 million to $786 million, closely aligning with the estimated $782.812 million.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:06 pm

FRSH

FSLY

TRSG

In Thursday's pre-market session, 12 Information Technology stocks showed significant movement. Gainers included Tungray Technologies, Ondas Holdings, LightPath Technologies, Saverone 2014, Greenidge Generation Hldg, and Nano Labs with increases ranging from 8.6% to 25.9%. Losers were led by Fastly, Freshworks, Everspin Technologies, Qorvo, Appian, and Luna Innovations, with declines between 7.38% and 29.9%, largely due to recent earnings reports.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 12:06 pm