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DNA

Ginkgo Bioworks Holdings' shares dropped following the announcement of disappointing Q4 financial results and a revenue forecast for FY24 that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:45 pm

NYCB

New York Community Bancorp's shares dropped following the announcement of material weaknesses in its internal controls over loan review, attributed to ineffective oversight, risk assessment, and monitoring activities.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:42 pm

FUBO

FuboTV shares surged following the announcement of their Q4 earnings and FY24 revenue outlook, both exceeding expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:40 pm

FUBO

FuboTV has projected its FY24 revenue to be between $1.815 billion and $1.875 billion, surpassing the estimated $1.624 billion.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:39 pm

ESTC

Elastic NV (NYSE:ESTC) reported Q3 FY24 earnings with a 19% Y/Y revenue increase to $328.0 million, surpassing consensus estimates. Elastic Cloud revenue grew by 29% Y/Y. The company also raised its FY24 revenue and adjusted EPS outlook. Despite these positive results, ESTC shares are down 12.5% in premarket trading.

Portfolio Pulse from Lekha Gupta

March 01, 2024 | 12:37 pm

FUBO

FuboTV has provided a Q1 revenue outlook ranging between $371.6M and $383.6M, which falls below the estimated $397.7M.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:37 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has confirmed that customers affected by delivery delays will still be eligible for the full-self-driving (FSD) software transfer offer, despite changes in estimated delivery times. This clarification came after concerns were raised by new order holders due to extended wait times. The FSD software, priced at $12,000, can now be transferred to new Tesla vehicles for customers who ordered before the end of March, even if their delivery has been postponed.

Portfolio Pulse from Anan Ashraf

March 01, 2024 | 12:34 pm

FUBO

FuboTV reported Q4 sales of $410.18 million, surpassing the analyst consensus estimate of $397.66 million by 3.15% and marking a 28.46% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:31 pm

ZS

Zscaler's stock price declined following the announcement of its Q2 financial results. Additionally, Bernstein has maintained an Outperform rating on Zscaler but reduced its price target from $311 to $280.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:30 pm

ESTC

Elastic's shares dropped following the announcement of their Q3 financial results. Additionally, Barclays has maintained an Equal-Weight rating on Elastic but reduced its price target from $130 to $128.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:28 pm