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CMMB

Chemomab Therapeutics has received a 180-day extension from Nasdaq to meet the minimum bid price requirement for continued listing. This extension provides the company additional time to comply with Nasdaq's listing rules by increasing its stock price to the required minimum bid level.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:15 am

BBGI

Beasley Broadcast Group (BBGI) reported Q1 sales of $54.380M, missing the consensus estimate of $55.100M by 1.31% and marking a 5.88% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:15 am

BKSY

BlackSky Technology reported Q1 2024 earnings with a GAAP EPS of $(0.11), missing estimates by 22.22%, and sales of $23.236M, missing estimates by 7.28%. Despite these misses, both earnings and sales showed improvement over the previous year, with a 21.43% decrease in losses per share and a 26.30% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:14 am

SII

Sprott Inc. (SII) reported a significant increase in its Q1 2024 earnings, with a GAAP EPS of $0.45, up 50% from $0.30 YoY. Sales also rose by 8.10% to $37.088M from $34.309M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:13 am

QRTEA

Qurate Retail (NASDAQ:QRTEA) reported Q1 2024 earnings of $0.04 per share, meeting analyst estimates but marking a 180% increase from last year's losses. However, their sales of $2.342B fell short of the $2.398B estimate, showing an 11.42% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:13 am

ANET

QQQ

SPY

U.S. stocks are set for a mixed open amid mixed earnings and anticipation of Federal Reserve officials' speeches. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed slight premarket movements. Arista Networks (ANET) saw a significant premarket jump following its earnings announcement, while other companies like Electronic Arts (EA) and Coupang (CPNG) experienced declines. The market's focus remains on central bank officials' comments on rates and inflation, with traders hopeful for rate cuts.

Portfolio Pulse from Shanthi Rexaline

May 08, 2024 | 11:13 am

AAPL

Gene Munster, a prominent tech analyst, highlighted a significant development from Apple Inc.'s iPad launch event, focusing on the unveiling of the M4 chip. This chip represents a step forward in Apple's AI ambitions, showcasing the company's accelerated pace in updating its silicon technology. The M4 chip, designed to enhance AI tasks, indicates Apple's strategy to leverage hardware as a competitive advantage in AI. This move aligns with Apple's broader focus on AI, as evidenced by its recent AI model ReALM, which outperforms OpenAI's GPT-4, and its anticipation of an AI strategy announcement at the upcoming WWDC.

Portfolio Pulse from Rounak Jain

May 08, 2024 | 11:11 am

GILT

Gilat Satellite Networks (GILT) reported Q1 2024 adjusted EPS of $0.11, surpassing the $0.06 estimate, but its sales of $76.1M fell short of the $77.1M forecast. This represents a 29.07% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:10 am

QRTEA

Qurate Retail (NASDAQ:QRTEA) reported Q1 2024 earnings of $0.04 per share, meeting analyst estimates and marking a 180% increase from the previous year's losses. However, their quarterly sales of $2.342 billion fell short of the $2.398 billion estimate, a 11.42% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:10 am

MRNS

Marinus Pharmaceuticals has raised its projected US revenues for ZTALMY in 2024 to $33M-$35M, up from the previous forecast of $32M-$34M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:10 am