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SILV

SilverCrest Metals (AMEX:SILV) reported Q4 earnings of $0.24 per share, surpassing the $0.10 estimate, a 500% increase from last year. Sales reached $61.32M, beating the $44.09M estimate, up 50.33% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:15 am

TSLA

Tesla's Gruenheide Gigafactory in Germany is currently disconnected from the grid, awaiting reconnection which could occur this evening. The restart of systems will be gradual, and the timeline for resuming full production is uncertain.

Portfolio Pulse from Charles Gross

March 11, 2024 | 11:15 am

SCX

Starrett has agreed to a go-private transaction with an affiliate of MiddleGround Capital for $16.19 per share, a 63% premium over its last closing price before the announcement. Post-transaction, Starrett will delist from public markets.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:15 am

LXRX

Lexicon Pharmaceuticals, Inc. has announced an oversubscribed $250 million private placement of equity securities. This significant capital raise indicates strong investor interest and confidence in Lexicon's future prospects.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:08 am

GDS

GDS shares are trading higher after reports that Hillhouse and Boyu are discussing investments in GDS's Southeast Asia data center business.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:07 am

GDS

GDS Holdings Limited's shares surged 18.6% in premarket trading following reports that Hillhouse and Boyu are in discussions to invest in the company's Southeast Asia data centers. This development indicates a significant interest in GDS's expansion and operations in the region.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:04 am

LEGN

Legend Biotech (NASDAQ:LEGN) reported Q4 earnings with losses of $(0.40) per share, beating the $(0.83) estimate by 51.81%. However, their sales of $79.46M missed the $86.35M estimate by 7.97%. Year-over-year, this represents a 2.44% decrease in losses and a 187.57% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 11:03 am

BILI

Bilibili shares are trading higher following an upgrade by JP Morgan from Underweight to Neutral and an increase in the price target from $10 to $11. The stock's rise is also attributed to overall strength in China after the National People's Congress event.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 10:58 am

BEKE

BIDU

BILI

JD

PDD

Chinese stocks are trading higher after the National People's Congress event and a rise in China's consumer price index, which may alleviate deflation concerns.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 10:55 am

BTCUSD

ETHUSD

Bitcoin (BTC) surged past $70,000, setting a new all-time high, while Ethereum (ETH) crossed the $4,000 mark. Factors contributing to the surge include the London Stock Exchange's acceptance of Bitcoin and Ether ETNs, increased institutional investor interest, and the U.S. SEC's approval of spot Bitcoin-based ETFs. Tom Lee predicts a 119% increase in Bitcoin's price over the next 12-18 months.

Portfolio Pulse from Ramakrishnan M

March 11, 2024 | 10:54 am