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NYAX

Nayax Ltd has reiterated its FY24 revenue guidance of $325M-$335M, representing over 38% year-over-year growth. The company expects hardware gross margins to trend towards the higher end of 25%-27%, with adjusted EBITDA between $30M-$35M. Positive free cash flow is anticipated for the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:34 am

MEDIF

MediPharm Labs Corp. (OTCQB: MEDIF) reported a 67% increase in Q1 revenue to $9.8 million, improved gross profit, and a significant reduction in Adjusted EBITDA loss. The company is in a strong financial position with $17 million in cash and less than $3 million in debt, positioning it well for future growth.

Portfolio Pulse from Nina Zdinjak

May 15, 2024 | 11:33 am

SRAD

Sportsradar Group shares are trading higher following the company's announcement of better-than-expected Q1 sales results and FY24 revenue guidance that exceeds estimates.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:33 am

NYAX

Nayax (NASDAQ:NYAX) reported Q1 2024 GAAP EPS of $(0.15), missing the $(0.04) estimate by 275%. Sales were $63.962M, missing the $72.825M estimate by 12.17%, but up 22.04% from last year's $52.410M.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:31 am

MNDY

Monday.com shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:29 am

IPW

CORRECTION: iPower Ticker Is 'IPW'.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:28 am

DELL

Dell Technologies shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $128 to $152.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:26 am

BYDDY

NIO

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading higher in the premarket session due to reports that the company plans to use BYD Co., Ltd. (OTC:BYDDY) batteries for its new Mona sub-brand. The Mona brand's first model, an A-class compact electric sedan, is expected to be revealed in June and delivered in the third quarter. XPeng's Zhaoqing plant has been upgraded to support the new model's production.

Portfolio Pulse from Nabaparna Bhattacharya

May 15, 2024 | 11:24 am

CHGG

EXPE

PZZA

The article highlights three oversold consumer discretionary stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are Papa John's International, Inc. (PZZA), Chegg, Inc. (CHGG), and Expedia Group, Inc. (EXPE).

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 11:23 am

BDX

F

FSLR

GM

OMI

TXN

President Biden's new tariffs on Chinese imports, including a significant increase on Chinese electric vehicles, are expected to benefit U.S. automakers Ford and General Motors. Jim Cramer highlighted that these tariffs will protect American car companies from cheap Chinese competition. The tariffs will also impact other products like semiconductors and solar cells, benefiting companies such as First Solar, Texas Instruments, Owens & Minor, and Becton Dickinson.

Portfolio Pulse from Benzinga Neuro

May 15, 2024 | 11:20 am