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AIRI

Air Industries Group shares are trading higher after the company reported better-than-expected Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:54 pm

GRRR

Gorilla Technology Group shares are trading higher after the company reported better-than-expected FY23 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:49 pm

QCOM

Deep-pocketed investors are showing significant interest in Qualcomm (NASDAQ:QCOM) options, with a notable bearish sentiment. Benzinga's options scanner highlighted 12 extraordinary options activities, with 33% bullish and 41% bearish. The trading activity suggests a price target range of $140.0 to $200.0 for QCOM over the next three months. Current market status shows QCOM trading at $193.33, down by -0.66%, with an RSI indicating potential overbought conditions. Analysts have mixed ratings with an average target price of $188.0.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 2:49 pm

MMM

Investors with significant capital have taken a bullish stance on 3M (NYSE:MMM), as observed through options trading data tracked by Benzinga. The sentiment is predominantly bullish, with 90% of the trades being calls and only 10% puts. Analysts have mixed ratings, with price targets ranging from $100 to $115.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 2:48 pm

CTRM

Castor Maritime shares are trading higher following the company's announcement of a year-over-year increase in Q1 EPS results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:48 pm

REKR

Rekor Systems shares are trading lower after the company reported worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:48 pm

OMER

Omeros shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:47 pm

CSCO

Cisco Systems, Inc. (NASDAQ:CSCO) reported its fiscal third-quarter earnings, showing a 13% year-over-year decline in revenue to $12.7 billion, which still beat analyst estimates. Adjusted EPS also beat expectations at 88 cents. The company provided optimistic guidance for the fourth quarter and full-year 2024. Despite the positive earnings report, Cisco shares were down 1.7%. Analysts had mixed reactions, with some raising their price targets.

Portfolio Pulse from Dylan Berman

May 16, 2024 | 2:46 pm

CCLD

CareCloud shares are trading higher after Benchmark maintained a Buy rating on the stock and raised its price target from $3.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:45 pm

RAY

Raytech Holding shares are trading higher after the company debuted on the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 2:44 pm