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Stock Prices

AMDI

Amphitrite Digital Inc (NASDAQ:AMDI) is set to begin trading on NASDAQ on February 09, with an IPO price range of $3.50 to $4.50 per share. The company specializes in providing in-destination tours, activities, and attractions in the US and the Caribbean, focusing on marine wildlife, nature, history, and culture.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 3:00 pm

BTCUSD

Bitcoin (BTC) has seen a 4.87% increase in its price over the last 24 hours, reaching $45,058.00. This rise is part of a positive trend over the past week, with a 6.0% gain from $42,580.47. The coin's all-time high is $69,045.00. Trading volume for Bitcoin has risen by 1.0% over the past week, and its circulating supply has slightly decreased, now at 93.44% of its max supply of 21.00 million. Bitcoin's market cap ranks it #1 at $884.39 billion.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 3:00 pm

TBBB

BBB Foods Inc (NYSE:TBBB), a leader in Mexico's grocery hard discount retail sector, is set to IPO on February 9, with shares priced between $14.50 and $16.50. The company has announced a 180-day insider lock-up period ending on August 7, 2024.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 3:00 pm

AAPL

MSFT

Apple Inc (AAPL) reported a 2% YoY revenue growth to $119.6 billion in its fourth quarter, surpassing Wall Street expectations and marking its first sales growth in a year, driven by record service revenue. Despite this, weak demand in China, where revenue slumped 13% YoY, overshadowed the achievement. Meanwhile, Microsoft Corporation (MSFT) surpassed Apple as the world's most valuable company, reaching a $3 trillion market cap, fueled by its strongest profit growth in over two years and AI integration across its business. Apple's services segment, including the App Store and Apple TV, grew 11% YoY, highlighting a shift in the company's revenue sources. Apple also introduced the Vision Pro headset, a significant product launch, and received 13 Academy Award nominations for its AppleTV+ content.

Portfolio Pulse from Upwallstreet

February 08, 2024 | 2:59 pm

FLT

FleetCor Technologies' shares dropped following disappointing Q4 financial results and lower-than-expected Q1 adjusted EPS and sales guidance.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:57 pm

WMS

Advanced Drainage Systems (WMS) shares surged following the announcement of impressive Q3 financial results, an upward revision of FY24 net sales guidance surpassing analyst estimates, and an increase in its quarterly cash dividend.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:55 pm

BKKT

DIS

HKIT

MLGO

SYRA

TENX

YTEN

U.S. stocks showed mixed performance with the Dow slightly up and NASDAQ and S&P 500 slightly down. Disney reported better-than-expected earnings and announced a dividend and a share repurchase program, alongside a $1.5 billion investment in Epic Games. Energy shares rose, while utilities fell. Syra Health, Hitek Global, and MicroAlgo saw significant stock price increases, whereas Tenax Therapeutics, Bakkt Holdings, and Yield10 Bioscience experienced notable declines.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 2:54 pm

BWA

XPEV

BorgWarner Inc. (NYSE:BWA) shares fell after reporting Q4 results with earnings and revenue missing estimates. Adjusted EPS was 90 cents versus the expected 94 cents, and revenues were $3.52 billion against the forecast of $3.65 billion. Despite a 6.2% year-over-year revenue increase, the company's FY24 sales outlook of $14.4 billion-$14.9 billion falls short of the $15.3 billion estimate. BorgWarner also announced the start of eMotor rotor and stator production for XPeng Inc. (NYSE:XPEV), targeting the X9 MPV and a future electric sedan.

Portfolio Pulse from Nabaparna Bhattacharya

February 08, 2024 | 2:49 pm

UBER

Uber Technologies Inc reported impressive fourth-quarter results, with earnings per share of $0.29, surpassing the estimated $0.17. Gross bookings surged to $37.6 billion, a 22% increase year over year, and monthly active platform consumers reached 150 million, up 15% from the previous year. Despite a 33% decline in 2022, Uber's stock rose by 142% in 2023 and an additional 12% in 2024, surpassing its previous record high. However, the stock opened down 4% after the earnings release.

Portfolio Pulse from Zaheer Anwari

February 08, 2024 | 2:48 pm

CCBG

ESQ

FRME

MNSB

TSBK

The article highlights notable value stocks in the financial services sector, focusing on companies with low P/E ratios, indicating potential undervaluation. Esquire Financial Holdings, First Merchants, Timberland Bancorp, Capital City Bank Group, and MainStreet Bancshares are featured for their financial performance and dividend yields. Changes in earnings per share and dividend yields from the previous quarter are detailed for each company.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:48 pm