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SMCI

Super Micro Computer (SMCI) shares are trading higher, benefiting from the broader gains in AI and chip stocks, which were spurred by positive Microsoft earnings.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:17 pm

HWH

HWH International shares surged following the announcement of a joint venture aimed at expanding its travel business in Asia.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:16 pm

EXPO

Exponent Inc (NASDAQ:EXPO) shares surged after reporting better-than-expected Q1 FY24 earnings, with sales growth of 3.3% to $144.93 million, surpassing estimates. EPS was $0.59, beating the consensus of $0.47. The company also raised FY24 revenue and margin guidance, attributing demand to global safety, health, and environmental concerns. A quarterly dividend of $0.28 per share was declared, with shares up 21.6% to $96.93.

Portfolio Pulse from Shivani Kumaresan

April 26, 2024 | 4:16 pm

INTU

Whales have shown significant interest in Intuit (NASDAQ:INTU), with a mix of bullish and bearish bets observed. Benzinga's options scanner revealed 8 notable options trades, with a sentiment split evenly between bullish and bearish. The trades suggest a target price range of $630.0 to $650.0 for INTU. Today's trading volume and open interest trends indicate a heightened activity in options within this price range. INTU's stock price has recently increased by 0.97%, with a current price of $632.47. The next earnings report is expected in 25 days.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 4:15 pm

KB Financial Group's shares are trading higher after the company reported its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:15 pm

LHX

L3Harris Technologies' shares surged following the announcement of their Q1 results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:14 pm

ZONE

Shares of CleanCore Solutions were halted due to a circuit breaker triggered by a significant downside movement. This indicates a sharp decline in the company's stock price, leading to a temporary trading halt to prevent further immediate losses.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:13 pm

CVX

PSX

XLE

XOM

US energy stocks, including Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX), fell after reporting subdued earnings, impacting the Energy Select Sector SPDR Fund (XLE). Exxon's Q1 earnings missed expectations with lower production and profits, while Chevron's earnings aligned closely with forecasts but revealed a revenue miss. Phillips 66 (PSX) also reported lower-than-expected earnings and revenue. The downturn in these major oil companies, which are significant constituents of the XLE ETF, signals a potential shift in the energy sector's recent strong performance.

Portfolio Pulse from Piero Cingari

April 26, 2024 | 4:10 pm

BDRX

FCUV

ICLK

NUWE

SAIA

ULH

XOM

U.S. stocks traded higher with the S&P 500 gaining around 1%. Exxon Mobil reported downbeat earnings for its first quarter, missing EPS consensus. Biodexa Pharmaceuticals surged 85% after entering an exclusive license agreement. Focus Universal and Universal Logistics Holdings also saw significant gains. Conversely, iClick Interactive, Nuwellis, and Saia reported losses, with Saia falling 20% after disappointing financial results. Oil and gold saw minor changes in their trading prices.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 4:06 pm

AMAT

AMD

AVGO

ENTG

TER

Semiconductor stocks are experiencing an uptick due to Microsoft's strong earnings, potentially boosting optimism around AI technologies.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 4:06 pm