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PMVP

PMV Pharmaceuticals shares surged following the announcement of an increase in their FY23 EPS results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:17 pm

AKLI

Akili's stock price declined following the announcement of Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:15 pm

ACU

Acme United shares are trading lower following the announcement of Q4 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:12 pm

SMHI

SEACOR Marine Holdings' shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:08 pm

KRE

NYCB

New York Community Bancorp (NYCB) announced a 'material weakness' in its loan review processes, leading to a leadership change and a 20% stock price drop. This news triggered a sell-off in the regional bank sector, with the SPDR Regional Banking ETF (KRE) also falling over 3%. Analysts have downgraded NYCB and expressed concerns over the banking sector's exposure to real estate loans.

Portfolio Pulse from Piero Cingari

March 01, 2024 | 4:07 pm

ADM

Archer-Daniels-Midland Company (ADM) shares are up 2.20% after announcing a delay in filing its Annual Report for FY ended December 31, 2023, due to an investigation into certain accounting practices in its Nutrition reporting segment. The company is working to finalize its financial statements and plans to file the report by March 15, 2024, within the 15-day extension period. The delay is attributed to the need for correcting certain intersegment sales and geographic information in its financial statements.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 4:04 pm

SPR

Trading of Spirit Aerosystems (SPR) shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:01 pm

INUV

Inuvo shares are trading lower following the announcement of disappointing Q4 financial results, which fell below market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:01 pm

PANW

ZS

Zscaler Inc (NASDAQ:ZS) shares fell in premarket trading despite reporting higher-than-expected sales and earnings for the fiscal second quarter. Analysts provided mixed reactions, with several raising their price targets due to the company's strong performance, while others expressed concerns about the deceleration in billings growth and competitive landscape. Zscaler's management raised their billings guidance for fiscal 2024, reflecting confidence in the company's growth trajectory despite macro challenges and a competitive market.

Portfolio Pulse from Priya Nigam

March 01, 2024 | 4:01 pm

AMD

INTC

MSFT

NVDA

QQQ

TQQQ

Microsoft Corp has launched DirectSR, a new Windows API designed to enhance AI-upscaling in games by leveraging technologies from Nvidia, AMD, and Intel. This API simplifies the development process by allowing game developers to use a single code path for various super-resolution technologies. The move is expected to improve gaming experiences across different hardware platforms. Additionally, Microsoft's recent layoffs and game cancellations were mentioned, alongside the performance of ProShares UltraPro QQQ and Invesco QQQ Trust, Series 1.

Portfolio Pulse from Anusuya Lahiri

March 01, 2024 | 4:01 pm