Streetbeat News

Stock Prices

EVGO

FTHM

SCKT

Insiders have recently bought shares in Fathom Holdings, EVgo, and Socket Mobile, indicating their confidence in these companies. Fathom Holdings posted downbeat quarterly results, while EVgo and Socket Mobile reported better-than-expected earnings.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 12:38 pm

PBR

Brazil President Lula has fired the CEO of Petrobras following a dispute over dividend payments. This decision could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:37 pm

ZVSA

ZyVersa Therapeutics (NASDAQ:ZVSA) reported a Q1 2024 adjusted EPS of $(4.53), missing the analyst consensus estimate of $(3.70) by 22.43%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:37 pm

GLD

SLV

Gold and silver prices are rising after April CPI data revealed lower-than-expected month-over-month inflation.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:36 pm

BFLY

Butterfly Network, Inc. (NYSE:BFLY) has launched its first specialty product, iQ+ Bladder, expanding its market reach beyond point-of-care ultrasound to bladder scanning. The product includes a probe, software, cart, tablet, and power splitter, offering automated bladder volume calculations with 3D visualizations.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:35 pm

AISP

Airship AI Holdings has announced expectations for triple-digit revenue growth and positive cash flow for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:34 pm

ARQT

EDBL

MNDY

Market-Moving News for May 15th: Edible Garden (EDBL), Monday.com (MNDY), and Arcutis Biotherapeutics (ARQT) shares are trading higher following their Q1 financial results. EDBL saw an 87% increase, MNDY a 22% increase, and ARQT a 38% increase.

Portfolio Pulse from ryanfaloona@benzinga.com

May 15, 2024 | 12:33 pm

ASML

GOOGL

META

MSFT

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) has raised concerns about the high costs of ASML's new advanced chip machines, which cost €350 million ($380 million) each. TSMC plans to use older EUV technology for its upcoming A16 node technology due to economic considerations. TSMC is also building an $11 billion European chip plant in Dresden, Germany. TSMC reported a 16.5% revenue growth in Q1, surpassing estimates. Big tech companies like Microsoft, Meta, and Alphabet committed over $32 billion in AI infrastructure in Q1.

Portfolio Pulse from Anusuya Lahiri

May 15, 2024 | 12:32 pm

DIA

IWM

QQQ

SPY

Major indexes are trading higher after April CPI figures were mostly in line with estimates.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:32 pm