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GOOG

GOOGL

Alphabet's board has approved an additional $70 billion share repurchase program for both Class A and Class C shares. Furthermore, several firms have increased their price targets for Alphabet's stock.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:29 am

CHTR

Charter Communications shares are trading lower following the announcement of Q1 results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:26 am

OIS

Oil States International (NYSE:OIS) reported Q1 2024 adjusted EPS of $(0.03), missing estimates by 200% and marking a decrease from the previous year's earnings. Sales were $167.262M, missing estimates by 12% and showing a 14.75% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:25 am

APLS

Apellis Pharmaceuticals' stock is trading higher following the European Medicines Agency's decision to reset the review of Pegcetacoplan for geographic atrophy to day 180 of the initial assessment.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:22 am

CMG

PBJ

VTI

Chipotle Mexican Grill Inc (NYSE:CMG) temporarily requested employees to avoid ordering chicken to preserve supply for customers due to high demand, particularly after the reintroduction of chicken al pastor. The directive, which was not a mandate, has been lifted within a week. This decision came amidst reports of increased sales and a successful first quarter, with revenue up 14.1% year-over-year and adjusted earnings surpassing analyst estimates. The stock has seen over a 54% gain in the last 12 months. Investors can also gain exposure to CMG through ETFs like Vanguard Total Stock Market ETF (NYSE:VTI) and Invesco Food & Beverage ETF (NYSE:PBJ).

Portfolio Pulse from Shivani Kumaresan

April 26, 2024 | 11:20 am

NWL

Newell Brands' stock price increased following the announcement of better than expected Q1 earnings and the issuance of future guidance.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:17 am

AVTR

Avantor's stock is trading lower due to disappointing Q1 sales results, despite reiterating its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:13 am

IYT

JETS

LUV

Southwest Airlines Co (NYSE:LUV) is considering abandoning its open seating policy for assigned seats and premium options to attract younger travelers. This marks a significant shift from its traditional model since 1971. The decision is part of a broader strategy to meet evolving customer expectations, with an official announcement expected in September. Additionally, Southwest announced the closure of operations at four airports. The company's stock has declined over 11% in the past year, impacting investors in LUV and related ETFs like U.S. Global Jets ETF (NYSE:JETS) and iShares U.S. Transportation ETF (BATS:IYT).

Portfolio Pulse from Shivani Kumaresan

April 26, 2024 | 11:12 am

NWL

Newell Brands has reaffirmed its forecast for a sales decline of 8%-5% by 2024, with core sales expected to fall between 6% and 3%.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:10 am

NWL

Newell Brands projects a sales decline of 9%-7% for Q2, with core sales expected to decrease by 6% to 4%.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:09 am