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STSS

Sharps Technology shares are trading higher after the company signed a 5-year $200 million syringe sales agreement with Nephron Pharmaceuticals.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:41 pm

FXI

TSLA

Tesla is making a significant push to roll out its advanced Full Self-Driving (FSD) technology in China. This move is part of Tesla's broader strategy to expand its market share in the world's largest auto market. The company aims to introduce the FSD feature to Chinese consumers, which could potentially boost its sales and market presence in the region.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:41 pm

CLW

CRS

IP

NEXA

As of May 30, 2024, four materials sector stocks—Nexa Resources S.A. (NEXA), International Paper Company (IP), Carpenter Technology Corporation (CRS), and Clearwater Paper Corporation (CLW)—are considered overbought based on their RSI values. Investors who prioritize momentum may want to reconsider their positions in these stocks.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 12:40 pm

BBW

BFOR

Build-A-Bear Workshop, Inc. (NYSE: BBW) shares are plunging premarket after missing Q1 earnings expectations and reporting lower sales. Revenue totaled $114.7 million, missing the consensus of $120.6 million, and EPS of $0.82 missed the expected $1.03. Sales decreased 4.4% Y/Y, and e-commerce demand fell 11.3% Y/Y. The company reaffirmed its FY24 outlook for revenue and pre-tax income growth. BBW shares are down 17.19% premarket.

Portfolio Pulse from Lekha Gupta

May 30, 2024 | 12:40 pm

AMPG

AmpliTech Group, Inc. (AMPG) has received a notice from Nasdaq regarding the need to regain compliance with listing requirements. The company has a specific period to meet the criteria to avoid delisting.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:38 pm

CTV

Innovid is set to join the Russell 3000 Index, effective at the market open on July 1.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:37 pm

TELO

Telomir Pharmaceuticals has commenced a study to evaluate the safety of Telomir-1 when administered orally to geriatric Beagle dogs for 63 consecutive days. The study began on May 28th, and initial dosing was well-tolerated by all animals. The data will explore the potential for treating age-related conditions.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:37 pm

DG

Dollar General Corp (NYSE:DG) shares are trading higher after reporting better-than-expected first-quarter FY24 earnings. The company saw a 6% sales growth year-on-year to $9.910 billion, beating the analyst consensus estimate. Same-store sales increased by 2.4%, driven by higher customer traffic. Despite a decrease in gross profit margin and operating income, the company reported an EPS of $1.65, surpassing the consensus estimate. Dollar General reaffirmed its FY24 sales growth outlook and announced a quarterly cash dividend.

Portfolio Pulse from Shivani Kumaresan

May 30, 2024 | 12:36 pm

NNDM

Nano Dimension has enhanced its additive electronics robotics systems from Essemtec, increasing dispensing speed by up to 3x with jet-on-the-fly capability. This development aims to accelerate additively manufactured electronics (AME).

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:35 pm

BLK

ETHA

GBTC

IBIT

BlackRock Inc. (NYSE:BLK) has submitted an amended S-1 form for its proposed spot Ether ETF, iShares Ethereum Trust Ether ETF (ETHA). The filing disclosed that a Seed Capital Investor purchased initial shares worth $10 million. Pending regulatory approval, the ETF can be redeemed for cash or ether. This follows the SEC's recent approval of several ether ETFs, boosting bullish sentiment in the crypto market.

Portfolio Pulse from Murtuza Merchant

May 30, 2024 | 12:35 pm