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VINO

Gaucho Group Holdings, Inc. (NASDAQ:VINO) anticipates that Argentina's bid to become a 'global partner' of NATO will lead to economic stability and growth, positively impacting the real estate sector and enhancing the value of the company's luxury real estate investments in the region. The company, which focuses on e-commerce platforms for fine wines, luxury real estate, and leather goods, sees this development as a potential boost to its business environment and investment value in Argentina.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:39 pm

ACI

Albertsons reported a 1% increase in Q4 identical sales, indicating a modest growth in its business operations during the quarter.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:36 pm

CAN

Canaan Inc (NASDAQ:CAN) shares rose after executives announced plans to buy at least $2 million of the company's stock, citing the company as undervalued and highlighting progress in their A14 series mining machines and development of A15 and A16 series. This follows a recent prospectus for a potential $300 million securities offering. Canaan, which specializes in ASIC chip design and crypto mining, particularly bitcoin, reported $96 million in cash at the end of 2023 and is expected to report a loss in its next earnings.

Portfolio Pulse from Adam Eckert

April 22, 2024 | 12:35 pm

GL

PAGS

XP

The article highlights the top 3 financial stocks considered oversold and potentially undervalued: Globe Life Inc. (GL), PagSeguro Digital Ltd. (PAGS), and XP Inc. (XP). Oversold status is determined by the RSI, a momentum indicator, with these stocks having RSIs near or below 30, suggesting a potential for short-term performance improvement. Globe Life is anticipated to release Q1 earnings soon, PagSeguro received an upgrade from Evercore ISI Group, and XP announced a new share repurchase program.

Portfolio Pulse from Avi Kapoor

April 22, 2024 | 12:34 pm

ASLN

Aslan Pharmaceuticals announced interim results from its Phase 2 study of Eblasakimab in patients with atopic dermatitis who have previously been treated with Dupilumab. The study's outcomes could influence the company's future development strategies and potentially its market position in treatments for atopic dermatitis.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:33 pm

MA

PGR

PSTG

QTWO

Insiders at Progressive, Mastercard, Pure Storage, and Q2 Holdings have recently sold shares, indicating potential concerns or strategic financial moves. Progressive's net income per share saw a significant increase in Q1 fiscal 2024. Mastercard's price target was raised by Baird, reflecting a positive outlook. Pure Storage received a downgrade from Raymond James but had its price target increased. Q2 Holdings was reiterated with a Buy rating by Truist Securities, with a raised price target.

Portfolio Pulse from Avi Kapoor

April 22, 2024 | 12:33 pm

ACI

Albertsons Companies (ACI) reported Q4 adjusted earnings of $0.54 per share, surpassing the $0.52 estimate, but saw a 31.65% decrease from last year's $0.79. Sales reached $18.34B, slightly missing the $18.47B estimate but marking a 0.41% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:33 pm

NRSN

NeuroSense shares surged following the announcement of a collaboration with Genetika+ for Alzheimer's drug development. This partnership aims to accelerate the development and potential market entry of innovative treatments for Alzheimer's disease, a condition with significant unmet medical needs.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:33 pm

RMGC

RMG Acquisition Corp. III has announced its delisting from Nasdaq. This move could impact investor perceptions and the company's ability to raise capital.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:29 pm

LTRN

Lantern Pharma's stock is trading higher following the approval to expand its Harmonic clinical trial for non-small cell lung cancer in never-smokers into Japan and Taiwan.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:29 pm