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AIH

CADL

ETAO

TARA

In Friday's pre-market session, health care stocks showed significant movement. Protara Therapeutics led the gainers with a 40.3% increase, while Aesthetic Medical Intl experienced the largest drop among the losers, declining by 17.8%. Other notable movers include Candel Therapeutics and Etao International with substantial gains, and TC BioPharm and Imunon among the losers.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:09 pm

BYRN

GRIN

In Friday's pre-market session, several industrials stocks showed notable movements. Grindrod Shipping Holdings led the gainers with a 25.2% increase, while Quhuo experienced the largest drop among the losers, falling 12.6%. Other notable movers include Lichen China and Pixie Dust Technologies with significant gains, and SolarMax Technology and noco-noco among the losers. Byrna Technologies also rose after releasing Q1 earnings.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:09 pm

AAPL

ASML

NVDA

SMH

TSM

VWO

Taiwan Semiconductor Manufacturing Co (TSMC) resumed construction work in Taiwan after a brief halt due to a 7.2-magnitude earthquake. The company, a key supplier to Apple and Nvidia, confirmed that its safety systems functioned correctly, and despite some damage, high-value chip-making equipment was unaffected. TSMC expects full operational restoration soon. Nvidia anticipates no supply chain disruptions from the earthquake. TSMC's stock is part of the VanEck Semiconductor ETF and the Vanguard FTSE Emerging Markets ETF.

Portfolio Pulse from Anusuya Lahiri

April 05, 2024 | 12:03 pm

CNK

CRBU

DNUT

FAAS

FRGE

IVVD

KRUS

VTYX

Kura Sushi USA, Inc. (KRUS) shares rose 6% in pre-market trading after announcing Q2 results with sales beating estimates but earnings missing expectations. Other stocks like DigiAsia Corp. (FAAS), Invivyd, Inc. (IVVD), Ventyx Biosciences, Inc. (VTYX), Caribou Biosciences, Inc. (CRBU), Cinemark Holdings, Inc. (CNK), Krispy Kreme, Inc. (DNUT), and Forge Global Holdings, Inc. (FRGE) also saw gains in pre-market trading due to various positive updates and analyst upgrades.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 12:01 pm

SNOW

31 analysts have shared diverse evaluations of Snowflake (NYSE:SNOW) over the last three months, with sentiments ranging from bullish to bearish. The average 12-month price target is $217.68, with a recent decrease of 4.24%. Analyst actions include ratings adjustments and price target changes, reflecting varying perceptions of Snowflake's market performance. Snowflake, known for its data solutions, has shown solid revenue growth and strong financial health indicators, despite a below-average net margin.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:01 pm

HYMTF

TSLA

Hyundai Motor's North American unit reported a significant year-on-year jump in electric vehicle (EV) sales for Q1 2024, surpassing Ford and General Motors in the US EV market. The sales boost was primarily driven by the Ioniq and Kona models. Hyundai sold 33,522 all-electric vehicles, with the Kona subcompact SUV being the best-seller, starting at $24,250. In comparison, Ford and General Motors sold 20,223 and 16,425 EVs respectively. Tesla's global sales of Model Y and 3 dropped by 11.5%, while Toyota sold 206,850 electrified vehicles in the US.

Portfolio Pulse from Anan Ashraf

April 05, 2024 | 12:00 pm

GPOR

Analyst ratings for Gulfport Energy (NYSE:GPOR) show a mix of bullish to bearish sentiments, with recent actions including rating raises and adjustments to price targets. The average 12-month price target is now $170.33, up 8.72% from $156.67. Gulfport Energy, a natural gas-weighted exploration and production company, faces financial challenges with a -51.81% revenue decline and a market capitalization below industry benchmarks, despite strong profitability indicators like an 80.84% net margin.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 12:00 pm

WDC

Western Digital's stock price increased following an upgrade from Rosenblatt, moving from Neutral to Buy, with a new price target set at $115, up from $65.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 11:56 am

WDS

Woodside Energy Group Ltd (NYSE:WDS) has partnered with Yara Pilbara Fertilisers Pty Ltd to explore carbon capture and storage (CCS) for decarbonizing Yara's operations in Western Australia. The non-binding MOU aims to assess the feasibility of a large-scale, multi-user CCS hub near Karratha, which could serve various industries and support the development of lower-carbon industries like hydrogen, ammonia, and green steel production. This initiative aligns with global emissions reduction targets and could enhance the competitiveness of local industries. Additionally, Woodside recently sold a 15.1% stake in Scarborough JV for $1.4 billion, solidifying its role as an operator. WDS shares saw a slight increase of 0.25% in premarket trading.

Portfolio Pulse from Lekha Gupta

April 05, 2024 | 11:44 am

CRKN

INHD

RPM

The article highlights the top 3 oversold materials stocks that may see significant growth this quarter, based on their low RSI values. Inno Holdings Inc. (INHD) launched a Mobile Factory, RPM International Inc. (RPM) reported Q3 FY24 results with slight sales growth and exceeded EPS expectations, and Crown ElectroKinetics Corp. (CRKN) reported a narrower Q4 loss. All three stocks have seen recent declines but are considered undervalued.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 11:41 am