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DAL

During a conference call, a Delta Air Lines executive mentioned that industry capacity appears to be peaking in Q2, setting up a positive outlook for the latter half of the year. However, the executive also noted that the company is still carrying more debt than it finds comfortable.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:35 pm

MNDR

Trading for the IPO security MNDR was halted but has now resumed as of 10:35 AM ET.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 2:35 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares dropped after announcing the integration of a previously flown Electron rocket first stage tank back into production, marking a significant step towards making Electron the world's first reusable small orbital launch vehicle. This development is part of Rocket Lab's efforts to ensure systems and processes can handle pre-flown boosters at scale, with the potential reflight of the stage planned for the new year.

Portfolio Pulse from Nabaparna Bhattacharya

April 10, 2024 | 2:34 pm

MARA

Deep-pocketed investors have shown a bullish sentiment towards Marathon Digital Holdings (NASDAQ:MARA), with a notable increase in options trading activity. Benzinga's options scanner revealed 12 extraordinary activities, with a majority leaning bullish. The focus is on a price band between $10.0 and $30.0. The company, specializing in mining digital assets, has seen its stock price decrease by -4.17%, currently at $17.23. Analysts from JP Morgan and HC Wainwright & Co. have provided mixed ratings, with price targets of $16 and $35, respectively.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:31 pm

ACM

AECOM (NYSE:ACM) has delivered an average annual return of 24.14% over the past 5 years, outperforming the market by 12.02% annually. A $100 investment in ACM 5 years ago would now be worth $296.95. AECOM's market capitalization stands at $13.08 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:30 pm

AJG

Over the past 20 years, Arthur J. Gallagher (NYSE:AJG) has produced an average annual return of 10.47%, outperforming the market by 2.64% on an annualized basis. A $100 investment in AJG 20 years ago would be worth $723.86 today. The company currently has a market capitalization of $52.45 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 2:30 pm

ARKX

PRNT

VLD

Velo3D, Inc. (NYSE:VLD) shares plummeted after announcing a $12 million public offering of 34.28 million shares and warrants at $0.35 each. The offering aims to fund working capital, capital expenditures, and repay senior secured notes due 2026. VLD's stock dropped 40.14% to $0.2781. Investors can also access VLD through 3D Printing ETF (BATS:PRNT) and ARK Space Exploration & Innovation ETF (BATS:ARKX).

Portfolio Pulse from Lekha Gupta

April 10, 2024 | 2:29 pm

AMZN

NFLX

TOON

Kartoon Studios Inc (AMEX:TOON) reported Q4 revenue of $8.8 million and full-year 2023 revenue of $44.1 million, highlighting the success of its Kartoon Channel! platform. The company announced the launch of the Stan Lee store on Amazon.com, focusing on branded merchandise. Comparatively, Kartoon Studios reached operational break-even faster than Netflix Inc (NASDAQ:NFLX). The company plans to enhance operational efficiency and grow revenue by focusing on the Stan Lee brand and implementing AI technology.

Portfolio Pulse from Adam Eckert

April 10, 2024 | 2:28 pm

ENPH

Enphase Energy Inc (NASDAQ:ENPH) shares dropped 7.2% to $113.20 amid overall market weakness due to hotter-than-expected March inflation data, with the CPI rising to 3.5%. This inflation increase, marking the second consecutive month of growth, could lead to higher input costs and reduced demand for Enphase Energy's renewable energy solutions.

Portfolio Pulse from Henry Khederian

April 10, 2024 | 2:24 pm

NCL

Northann Corp (NYSE:NCL) has entered into a cross-licensing agreement with I4F, a provider of patents and technologies for the flooring industry. This partnership aims to enhance their digital printing offerings, with Northann planning to manufacture its 3D printing ecosystem in the U.S., significantly reducing production costs. Despite the positive news, NCL shares dropped by 2.94% to $0.5249.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 2:19 pm