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AULT

Trading of Ault Alliance shares has resumed, indicating a return to normal market operations for the company.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:58 pm

TRMB

Trimble shares are trading higher following an upgrade by Piper Sandler from Neutral to Overweight and an increase in the price target from $51 to $68.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:57 pm

JHX

James Hardie Industries' shares have declined in response to the company's third-quarter earnings report.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:56 pm

AULT

Ault Alliance shares experienced a significant surge, leading to a trading halt due to a circuit breaker trigger. The stock is currently up by 113.1%.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:53 pm

BA

Boeing's CFO announced at an investor conference that the company aims to achieve a steady production rate of 38 737 aircraft per month in the second half of 2024. Currently, Boeing is cycling production at this rate but has to periodically slow the line.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:52 pm

KLG

WK Kellogg Co (NYSE:KLG) shares rose after reporting Q4 net sales of $651 million, surpassing estimates but with a 3.7% YoY decline. Earnings per share were 18 cents, below the 21 cents consensus. However, net income increased by 109.9% YoY, and adjusted EBITDA grew by 43.2%. The company raised its adjusted EBITDA guidance for the upcoming period and projected 2024 adjusted net sales growth between -1.0% and 1.0%, with EBITDA growth of 3% to 5%. Shares surged 12.2% to $14.15.

Portfolio Pulse from Nabaparna Bhattacharya

February 13, 2024 | 3:50 pm

TQQQ

ProShares UltraPro QQQ (TQQQ) fell by 5.1% to $56.50 due to January 2024 inflation data missing economists' forecasts. The annual CPI inflation rate was reported at 3.1%, above the expected 2.9%, suggesting persistent inflationary pressures. This could lead to concerns about future Federal Reserve actions on interest rates, impacting borrowing costs and economic growth expectations.

Portfolio Pulse from Henry Khederian

February 13, 2024 | 3:48 pm

LDOS

Leidos Holdings' shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided guidance for FY24, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:48 pm

DBGI

Digital Brands Group (DBGI) shares surged following the company's announcement of no new equity offerings for 2024, signaling confidence in its financial stability and future growth prospects.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:47 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has seen unusual options activity, with a bullish sentiment from deep-pocketed investors. Benzinga's options scanner revealed 18 extraordinary activities, with 61% bullish and 38% bearish sentiment. The significant trading range for PANW is between $150.0 and $390.0. The most notable options include bullish and neutral calls and a bullish put, with the highest trade price for a call at $360.00 strike price. PANW's stock is currently down -3.52% at $358.88, with potential overbought indicators and earnings expected in 7 days.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:46 pm