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EIS

President Joe Biden has called for an immediate ceasefire in the Gaza war, marking a significant shift in U.S. policy towards Israel. This comes after an Israeli military operation killed seven individuals associated with the World Central Kitchen. The White House demands concrete actions from Israel to address civilian harm and ensure the safety of aid workers. In response, Israel has committed to adjusting its military tactics and promised a swift inquiry into the incident. Israeli stocks, including the iShares MSCI Israel ETF (EIS), have seen a significant drop following these developments.

Portfolio Pulse from Piero Cingari

April 04, 2024 | 8:58 pm

STIX

Trading for STIX was halted at 4:55:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:55 pm

STIXW

Trading for STIXW was halted at 4:55:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the stock is released.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:55 pm

PGR

Deep-pocketed investors have shown a bullish sentiment towards Progressive (NYSE:PGR), with options activity indicating a target price range of $195.0 to $310.0. The analysis of options over the last 3 months reveals a mix of bullish and bearish sentiments, with a majority leaning bullish. Notable options activity includes both calls and puts with significant total trade prices. Progressive, a major auto insurer, is currently trading at $209.24, down by -0.73%, with an anticipated earnings release in 11 days. Analyst ratings for PGR vary, with a consensus target price of $219.8.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 8:45 pm

ORCL

Recent options market activity indicates a bearish sentiment towards Oracle (NYSE:ORCL), with 80% of detected trades being bearish. The analysis of volume and open interest suggests whales are targeting a price range of $100.0 to $145.0 for ORCL over the last 3 months. Notable options activity includes a mix of bullish and bearish positions, with significant trades in both calls and puts. Oracle's current trading volume is 7,434,392, with a price decrease of -1.59%, and an RSI indicating it may be approaching overbought territory. An earnings announcement is expected in 67 days.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 8:45 pm

KRUS

Kura Sushi USA, Inc. (NASDAQ:KRUS) reported mixed Q2 financial results with a larger-than-expected loss per share but higher sales than anticipated. The company missed EPS estimates with a loss of 9 cents per share against an expected loss of 3 cents, but surpassed sales forecasts with $57.29 million against an expected $56.64 million. CEO Hajime Uba expressed confidence in the business, noting the opening of five new restaurants in Q2 and a total of 10 to date, with plans for 13 to 14 new restaurants in fiscal year 2024. The company raised its revenue guidance for FY 2024 to between $243 million and $246 million. KRUS shares rose 3.13% in after-hours trading to $107.10.

Portfolio Pulse from Erica Kollmann

April 04, 2024 | 8:39 pm

MIMO

Airspan has announced its delisting from the NYSE American, with trading of its common stock suspended effective April 1, 2024. The company has decided not to appeal the NYSE Regulation's determination.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:37 pm

IRBT

iRobot Corporation (NASDAQ:IRBT) shares rose after announcing the Roomba Combo Essential, a new robot vacuum and mop priced at $274.99. The product boasts 18 times more suction power than its predecessor and marks the sale of over 50 million robots worldwide. Despite the positive news, iRobot's stock is trading below its 50-day moving average and has declined over 75% year-to-date. The stock closed up 6.75% at $8.70.

Portfolio Pulse from Erica Kollmann

April 04, 2024 | 8:32 pm

EJH

SBET

SPWH

In Thursday's after-market session, 12 consumer discretionary stocks saw significant movements. SharpLink Gaming, E-Home Household Service, and Greenlane Holdings were among the top gainers, while Golden Heaven Group Holdings, ZHONGCHAO, and Sportsman's Warehouse were notable losers. The movements were attributed to market reactions, with Sportsman's Warehouse's drop linked to its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 8:31 pm

ACOR

ANTX

ORGS

In Thursday's after-market session, several healthcare stocks showed notable movements. Orgenesis, AN2 Therapeutics, GRI Bio, NuCana, Stoke Therapeutics, and Candel Therapeutics were among the gainers, with increases ranging from 4.99% to 8.5%. On the downside, Acorda Therapeutics, Aesthetic Medical Intl, Eiger BioPharmaceuticals, Coeptis Therapeutics, iSpecimen, and WAVE Life Sciences experienced declines between 4.96% and 8.9%. These movements reflect the dynamic nature of the healthcare sector in the stock market.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 8:31 pm