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CI

Cigna Group (NYSE:CI) has delivered an average annual return of 19.7% over the past 15 years, turning a $1000 investment into $15,729.86. The company's market capitalization stands at $99.68 billion.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 2:30 pm

AME

AMETEK's stock price declined following the announcement of Q1 sales results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:29 pm

GFL

GFL Environmental's stock is trading higher following the announcement of Q1 sales results that surpassed expectations and an upward revision of its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:28 pm

BWA

CAR

CHRW

MRNA

QCOM

C.H. Robinson Worldwide, Inc. (CHRW) and other companies like Avis Budget Group (CAR), Qualcomm (QCOM), and BorgWarner (BWA) saw their stock prices rise after reporting better-than-expected financial results. The positive earnings reports led to significant gains in their share prices during Thursday's trading session, with CHRW shares jumping 16.8%. Other companies such as Aspen Aerogels (ASPN), Carvana Co. (CVNA), and Moderna Inc. (MRNA) also reported strong financial results, contributing to the overall positive sentiment in the stock market.

Portfolio Pulse from Avi Kapoor

May 02, 2024 | 2:28 pm

APPN

ROBT

SKYY

Appian Corp (NASDAQ:APPN) reported a fiscal Q1 2024 revenue increase of 11% Y/Y to $149.84 million, slightly above analyst expectations. However, its adjusted EPS loss of 24 cents was worse than the expected 16 cents loss, causing its stock to drop nearly 20%. Subscription revenue grew by 19%, but professional services revenue fell by 11%. The company's Q2 revenue outlook is below analyst consensus, as is its adjusted EPS forecast. Appian's full-year revenue guidance is also slightly below expectations, with a wider projected EPS loss than previously anticipated. APPN stock has risen over 1% in the past year, and is included in the First Trust Nasdaq Artificial Intelligence And Robotics ETF (NASDAQ:ROBT) and First Trust Cloud Computing ETF (NASDAQ:SKYY).

Portfolio Pulse from Anusuya Lahiri

May 02, 2024 | 2:27 pm

MRNA

Moderna's stock price increased following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:27 pm

BABA

Alibaba Group Holding has seen significant options activity, with a notable transaction involving June 21 $85 call options, purchased at the ask price of $2.00 for a quantity of 250, against an open interest of 29,723. This activity comes ahead of Alibaba's earnings report, scheduled for May 14 before the market opens, with the reference stock price at $78.25.

Portfolio Pulse from Charles Gross

May 02, 2024 | 2:26 pm

BAX

Baxter International's shares are trading lower due to the company providing a weaker than expected earnings per share (EPS) guidance for the second quarter.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:25 pm

IRM

Iron Mountain Incorporated (NYSE:IRM) reported Q1 earnings with adjusted EPS of 43 cents and revenue of $1.477 billion, surpassing expectations. Revenues increased by 12.2% year-over-year, driven by growth in storage rental and service revenue. Adjusted EBITDA and AFFO also saw significant increases. The company declared a quarterly dividend of 65 cents per share and reaffirmed its full-year 2024 revenue guidance of $6 billion-$6.15 billion, with an AFFO per share of $4.39-$4.51. Despite the positive report, IRM shares dropped by 1.8%.

Portfolio Pulse from Nabaparna Bhattacharya

May 02, 2024 | 2:25 pm

K

Kellogg's stock price increased following the announcement of their Q1 earnings per share (EPS) and sales figures, which exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:23 pm