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RGNX

REGENXBIO's stock price increased following the announcement of promising initial efficacy data from its AFFINITY DUCHENNE trial of RGX-202.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:36 pm

DAVE

Dave Inc. (NASDAQ:DAVE) reported a 22.82% increase in quarterly sales, reaching $73.20 million up from $59.60 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:33 pm

TNL

Truist Securities analyst Patrick Scholes has maintained a Buy rating on Travel+Leisure (NYSE:TNL) and increased the price target from $59 to $65.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:33 pm

AAPL

Jim Cramer has expressed concern over Apple Inc.'s future in China following a 24% drop in iPhone sales in the first six weeks of 2024, including the Lunar New Year period. This decline is part of a broader trend of challenges for Apple in China, including a rare iPhone discount during the Lunar New Year sale to counter economic deflation, price cuts by resellers, and adverse impacts from China's iPhone ban and security advisories. Apple's December 2023 quarter already showed a 13% decline in iPhone sales in China, marking it as a weak quarter. Additionally, competition from Huawei's resurgence is intensifying the situation.

Portfolio Pulse from Rounak Jain

March 05, 2024 | 12:30 pm

VVX

V2X (NYSE:VVX) reported Q4 adjusted EPS of $1.22, surpassing the $0.33 estimate, a 269.7% beat. Quarterly sales reached $1.04B, exceeding the $1.01B estimate by 2.97% and marking a 6.32% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:29 pm

BTBT

CLSK

CORZ

HIVE

MARA

RIOT

WGMI

Economist Peter Schiff raised concerns about the underperformance of bitcoin mining stocks despite Bitcoin's recent surge. He noted that while Bitcoin and other related stocks hit record highs, major bitcoin mining stocks like Marathon Digital Holdings, Riot Platforms, HIVE Digital Technologies, Bit Digital, CleanSpark, and Core Scientific experienced losses. Schiff suggests this divergence could indicate potential trouble for Bitcoin. The Valkyrie Bitcoin Miners ETF also saw a premarket drop.

Portfolio Pulse from Shanthi Rexaline

March 05, 2024 | 12:27 pm

MSTR

MicroStrategy announced a proposed private offering of $600 million of convertible senior notes, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:27 pm

SEMR

SEMrush shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:26 pm

AVAV

AeroVironment's stock price increased following the announcement of their Q3 financial results, which exceeded expectations. Additionally, the company provided guidance for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:24 pm

PAY

Paymentus shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:20 pm