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TSBK

Timberland Bancorp (NASDAQ:TSBK) reported a decrease in Q2 earnings to $0.70 per share from $0.80 YoY and a sales decline to $18.25M from $19.79M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 6:45 am

LPTV

NYSE American issued a non-compliance warning to Loop Media (LPTV) regarding its continued listing standards, indicating potential issues with meeting the exchange's requirements.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 6:43 am

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TSLA

Wall Street anticipates mixed financial results for Boeing, Tesla, AT&T, Seagate Technology, and Ford. Boeing is expected to report a loss, while Tesla's recent earnings missed expectations but plans to accelerate new model launches. AT&T's earnings are awaited, Seagate reported strong earnings but missed on sales, and Ford's earnings are also anticipated. These developments could influence stock movements today.

Portfolio Pulse from Avi Kapoor

April 24, 2024 | 6:22 am

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U.S. stocks closed higher with the Dow Jones jumping over 250 points amid improved investor sentiment. General Motors, PepsiCo, and JetBlue Airways reported their quarterly financial results, with GM and PepsiCo beating expectations, while JetBlue's weak revenue outlook led to a 19% drop in its shares. The S&P 500 and Nasdaq also saw gains, with most sectors ending positively except for materials. Earnings season continues with anticipation for results from Ford, AT&T, Boeing, and Meta Platforms.

Portfolio Pulse from Avi Kapoor

April 24, 2024 | 6:18 am

DJT

Brett Arends of MarketWatch discussed Donald Trump's $1.1 billion stock bonus deal with Trump Media & Technology Group Corp. (NASDAQ:DJT), describing it as a 'no-lose' situation for Trump. The deal increases Trump's stake in the company to $3.7 billion shares. Arends highlighted Trump's skill in marketing and media manipulation. The deal includes a potential additional $1.26 billion in DJT shares if certain milestones are met, part of an earnout provision from the merger with Digital World Acquisition Corporation. DJT's stock has been declining, with concerns over short-selling.

Portfolio Pulse from Benzinga Neuro

April 24, 2024 | 6:09 am

NHYDY

Norsk Hydro (OTC:NHYDY) reported Q1 2024 earnings of $0.09 per share, meeting analyst estimates but marking a 48.24% decrease from the previous year. Sales were $4.522B, missing the $4.829B estimate and showing a 4.76% year-over-year decline.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 5:21 am

TSLA

Tesla, Inc.'s Vice President of Investor Relations, Martin Viecha, announced his resignation after a 7-year tenure, marking the third high-profile departure from the company in two weeks. This follows the recent layoffs affecting over 10% of Tesla's global workforce and the exits of senior executives Drew Baglino and Rohan Patel. CEO Elon Musk praised Viecha's contributions to Tesla during his tenure.

Portfolio Pulse from Anan Ashraf

April 24, 2024 | 5:20 am

TSLA

Ross Gerber and Dan Ives have expressed support for Tesla's strategic shift following its Q1 results, despite a revenue drop. Gerber, CEO of Gerber Kawasaki Wealth, is optimistic about Tesla's future, highlighting the difference between being a shareholder and a customer. Dan Ives, an analyst at Wedbush, praised Elon Musk's leadership, especially after Tesla announced plans to accelerate the launch of new, more affordable models. Tesla's shares surged 13.38% in after-hours trading despite a 9% year-over-year revenue drop to $21 billion in Q1, missing estimates.

Portfolio Pulse from Benzinga Neuro

April 24, 2024 | 4:21 am

TSLA

Elon Musk announced during Tesla's Q1 conference call that the Optimus humanoid robot could start external sales by the end of 2025, following limited production in 2024. Musk emphasized Optimus' potential to perform factory tasks and its significant value, potentially exceeding all of Tesla's other ventures. This comes after Tesla reported a 9% decrease in Q1 revenue year-over-year, attributed to lower average selling prices and reduced vehicle deliveries. Musk also noted the cost efficiency of Optimus, estimating initial prices between $25,000 and $30,000.

Portfolio Pulse from Ananya Gairola

April 24, 2024 | 4:14 am

EWA

Australia's Trimmed Mean Consumer Price Index (CPI) for Q1 showed a 1.0% increase, surpassing both the estimated 0.8% and the previous quarter's 0.8%. This indicates higher than expected inflation in Australia.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:08 am