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FTNT

Fortinet (NASDAQ:FTNT) stock has experienced a Golden Cross, indicating a shift from a bearish to a bullish trend, with a 20% gain already recorded in 2024. The company's flagship product, FortiGate firewall, contributes to its positive momentum by providing comprehensive cybersecurity solutions. The Golden Cross, a key technical indicator, suggests a potential for continued upward movement, making it an opportune time for investors to consider their positions in FTNT.

Portfolio Pulse from Surbhi Jain

February 27, 2024 | 4:58 pm

API

Agora's shares surged following the announcement of better-than-expected Q4 adjusted EPS results and positive Q1 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:56 pm

CBRL

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) reported a slight increase in Q2 fiscal 2024 revenues to $935.4 million, up 0.2% Y/Y, surpassing consensus estimates. Comparable store restaurant sales rose by 1.2%, while retail sales dropped by 5.3%. Adjusted operating income and EPS both saw declines due to higher labor costs, but the company remains optimistic, raising its FY24 revenue outlook to $3.5 billion - $3.6 billion. Shares fell by 0.89% to $71.68.

Portfolio Pulse from Anusuya Lahiri

February 27, 2024 | 4:53 pm

GOTU

Gaotu Techedu's shares surged following the announcement of their Q4 results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:49 pm

SWTX

SpringWorks Therapeutics' stock price increased following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:48 pm

MSTR

TSLA

Tesla Inc (TSLA) could have made nearly a $20 billion profit on its Bitcoin (BTC) investment if it had followed Michael Saylor's advice to convert its balance sheet to Bitcoin. Tesla disclosed a $1.5 billion Bitcoin purchase in February 2021 and made sales in 2021 and 2022, realizing a potential profit of $1.208 billion. However, based on the cash Tesla had at the end of the third quarter of 2020, it could have bought 598,934.4749 BTC, which would be worth $34,025,293,828.10 today, nearly a $20 billion profit. MicroStrategy, led by Saylor, remains one of the largest Bitcoin holders.

Portfolio Pulse from Chris Katje

February 27, 2024 | 4:47 pm

AULT

Ault Alliance shares are trading higher following the announcement of their preliminary FY23 revenue results.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:44 pm

ACHR

Archer Aviation's shares dropped following a report of worse-than-expected Q4 earnings per share (EPS).

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:39 pm

TIGO

Millicom shares surged following the announcement of Q4 sales results that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:38 pm

DORM

Dorman Products' shares increased following the announcement of mixed Q4 financial results and the issuance of 2024 adjusted EPS guidance that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 4:37 pm