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SMCI

Super Micro Computer Inc (SMCI) discussed its growth trajectory and future prospects at the JPMorgan Global TMC Conference. The company sees significant growth potential in AI, plans to expand its rack capacity, and is considering raising capital via unsecured debt following its inclusion in the S&P 500. SMCI has partnerships with Nvidia, Intel, and AMD to enhance its product offerings.

Portfolio Pulse from Surbhi Jain

May 21, 2024 | 8:43 pm

SPY

USO

The USA API Weekly report shows a crude oil stock build of 2.48 million barrels, a Cushing build of 1.77 million barrels, a gasoline build of 2.088 million barrels, and a diesel draw of 0.32 million barrels.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:43 pm

EBAY

GME

META

YouTuber Lee 'Leonhart' Steinfeld tested GameStop's new Pokémon card trade-in program, receiving $157 for cards he estimated to be worth $328. The process appeared subjective and employees lacked extensive training. GameStop's offers were significantly lower than potential eBay or Facebook sales.

Portfolio Pulse from Franca Quarneti

May 21, 2024 | 8:42 pm

HAE

Haemonetics shares are trading lower following the announcement of a $525 million Convertible Senior Notes offering.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:41 pm

MAXN

Maxeon Solar Technologies (NASDAQ:MAXN) received a notice of non-compliance from Nasdaq for failing to timely file its annual report for the fiscal year ended December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:41 pm

EGIO

Edgio, Inc. (NASDAQ:EGIO) received a non-compliance notice from Nasdaq for not filing its Quarterly Report on Form 10-Q for the year ended March 31, 2024. The notice does not immediately affect the listing or trading of the company's stock.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:40 pm

TOL

Toll Brothers has updated its forecast for Q3 and FY24 home deliveries. The company expects Q3 deliveries to be between 2,750 and 2,850 units and has raised its FY24 forecast from 10,000-10,500 units to 10,400-10,800 units.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:38 pm

TANH

Tantech shares are trading lower after the company announced it received a notice of non-compliance from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:37 pm

TOL

Toll Brothers has raised its FY24 EPS outlook to approximately $14.00, up from the previous range of $13.25 to $13.75, surpassing the estimated $13.65.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:35 pm

SPI

SPI Energy has received a non-compliance notice from Nasdaq, indicating that the company is not meeting the exchange's listing requirements.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:35 pm