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ATNI

CVNA

MRVI

SQ

Carvana Co. reported Q4 results with revenue of $2.424 billion and a loss of $1 per share, missing estimates. The company expects Q1 retail units sold to slightly increase year-over-year and anticipates adjusted EBITDA significantly above $100 million. Shares surged 31.1%. Other stocks like Maravai LifeSciences, ATN International, and Block, Inc. also recorded significant gains following their financial results.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 4:59 pm

SFM

Sprouts Farmers Market's stock is trading higher following the announcement of their Q4 results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:51 pm

CABO

Cable One shares are trading lower after the company reported mixed results for its fourth quarter earnings.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:50 pm

LZ

LegalZoom shares surged following the announcement of their Q4 financial results, which exceeded expectations. The company also provided optimistic revenue guidance for Q1 and the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:49 pm

AUUD

Auddia Inc. (NASDAQ:AUUD) announced a 1-for-25 reverse stock split effective before market open on February 27, 2024, aimed at meeting Nasdaq's continued listing standards by increasing its per share price above $1.00. The reverse stock split will reduce the number of outstanding shares from approximately 20.47 million to about 818,000. Stockholders approved the amendment on December 29, 2023, and the company filed the necessary amendment with the Secretary of State in Delaware. The reverse stock split will also adjust outstanding warrants, stock options, and restricted stock units proportionately.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:47 pm

ETH-USD

MATIC-USD

Donald Trump's crypto portfolio, primarily fueled by the MAGA Memecoin (CRYPTO: TRUMP), surged over $300,000 in value in the last 24 hours, reaching a total of $4.4 million. This increase is part of a broader 62.2% growth over the past month, attributed to bullish sentiment in the crypto market and interest in event and celebrity-affiliated meme cryptocurrencies. Trump's portfolio also includes WETH, Ethereum (ETH), BABYTRUMP, and Polygon (MATIC), with the MAGA Memecoin and Trump Digital Trading Cards NFTs experiencing significant rallies.

Portfolio Pulse from Khyathi Dalal

February 23, 2024 | 4:44 pm

ACCO

Acco Brands shares are trading lower following the announcement of their Q4 financial results, accompanied by weaker than expected guidance for Q1 and the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:41 pm

RBA

RB Global shares surged following the announcement of their Q4 adjusted EPS results, which exceeded expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:39 pm

NVDA

TSM

Nvidia Corp. (NASDAQ:NVDA) reached a $2 trillion market cap, joining an elite group of companies after a strong earnings report and a 240% rise in 2023. The company's success is attributed to its dominance in AI accelerators and high-performance chips. Nvidia's journey from its founding in 1993, through its IPO in 1999, to achieving this milestone highlights its significant growth and potential in the AI sector. Despite some concerns about an AI bubble, the outlook for Nvidia remains positive.

Portfolio Pulse from Shanthi Rexaline

February 23, 2024 | 4:38 pm

MORN

Morningstar shares are trading higher following the announcement of improved Q4 financial results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 4:37 pm