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BSX

Boston Scientific Corporation (NYSE:BSX) reported better-than-expected Q1 earnings, with revenues of $3.86 billion surpassing the consensus estimate of $3.69 billion. The company's cardiovascular segment led sales, contributing to a 13.8% year-over-year revenue increase. Adjusted EPS was $0.56, beating both consensus and management's guidance. Following these results, Boston Scientific raised its 2024 profit forecast, expecting net sales growth of 11%-13% and adjusted EPS of $2.29-$2.34. Shares soared 6.02% to $73.15.

Portfolio Pulse from Vandana Singh

April 24, 2024 | 4:42 pm

HPQ

HP shares are trading higher following the announcement that David Einhorn's Greenlight Capital has taken new positions in the company.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:42 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) announced a collaboration with Evri, a UK parcel delivery company, to install EV charging hubs at Evri's sorting center in Rugby, marking the beginning of a larger program aimed at achieving net-zero emissions by 2035. The initial phase includes the installation of twelve chargers, with plans to expand Blink's offerings in the UK and Ireland. Despite this development, BLNK shares have dropped over 67% in the past year and are currently trading lower.

Portfolio Pulse from Nabaparna Bhattacharya

April 24, 2024 | 4:37 pm

EQT

EQT shares are trading higher following the announcement of their Q1 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:34 pm

FVD

RCI

TDIV

Rogers Communications Inc (NYSE:RCI) reported a 28% year-over-year revenue growth for Q1 2024, reaching $3.64 billion, surpassing the consensus of $3.58 billion. Adjusted EPS was $0.73, beating the consensus of $0.72. The growth was driven by increases in wireless and cable service revenues, with wireless service revenue up 9% and cable service revenue rising 94% due to the Shaw acquisition. However, media revenue decreased by 5%. The company also saw a 34% increase in adjusted EBITDA and a 58% increase in free cash flow. Rogers declared a quarterly dividend of 50 cents for its Class B Non-Voting and Class A Voting shares. Despite the positive earnings report, RCI shares dropped 3.7% to $38.12. Investors can also gain exposure to RCI through First Trust VL Dividend (NYSE:FVD) and First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV).

Portfolio Pulse from Anusuya Lahiri

April 24, 2024 | 4:32 pm

BTCM

CLSK

COIN

MSTR

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:32 pm

LII

Lennox shares are trading lower following the announcement of mixed Q1 financial results, indicating a disparity between expected and actual performance metrics.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:31 pm

BILI

CNVS

CSSE

DRCT

TZOO

WIMI

In Wednesday's intraday session, several Communication Services stocks experienced significant movements. Notably, Chicken Soup for the Soul (CSSE) surged by 140.2% following its Q4 earnings release three days ago. Other gainers included WiMi Hologram Cloud (WIMI) and Bilibili (BILI), with increases of 43.36% and 11.35%, respectively. On the downside, Cineverse (CNVS) and Direct Digital Holdings (DRCT) saw declines of 14.8% and 13.42%. Travelzoo (TZOO) also dropped by 8.9% after its Q1 earnings announcement.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 4:31 pm

EVO

PRE

VTAK

Health care stocks showed significant movement in Wednesday's intraday session, with notable gainers including Catheter Precision, Prenetics Global, and Alterity Therapeutics, among others. On the downside, GlucoTrack, Evotec, and Vaxxinity led the losers, with Evotec and Addex Therapeutics specifically reacting to their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 4:31 pm

JYD

LICN

SKIL

STI

In Wednesday's intraday session, several industrials stocks experienced significant movements. Lichen China (LICN) led the gainers with a 49.1% increase, while Jayud Global Logistics (JYD) headed the losers with a 14.9% decrease. Other notable movers included Babcock & Wilcox (BW), Solidion Technology (STI), and Skillsoft (SKIL) among the gainers, and Greenwave Tech Solns (GWAV), SolarMax Technology (SMXT), and AERWINS Technologies (AWIN) among the losers.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 4:31 pm