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AU

AngloGold Ashanti's shares have seen an increase following the company's report of higher gold production in Q1.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:20 am

TSM

Taiwan Semiconductor (TSM) shares are trading higher following a reported increase in April revenue.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:18 am

CRH

CRH shares have experienced an increase following the announcement of their Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:17 am

DOCN

DigitalOcean Holdings' shares surged following the announcement of better-than-expected Q1 earnings and positive future guidance.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:16 am

AKAM

IWM

QQQ

SPY

U.S. stocks are poised to end the week strong, with futures indicating a higher opening and the S&P 500 potentially surpassing its late-March peak. This optimism is fueled by weak data raising hopes for a Federal Reserve rate cut. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw premarket gains. Notable stock movements include Akamai Technologies (AKAM) and others due to earnings announcements. Upcoming economic data and Federal Reserve speeches are anticipated to provide further market direction.

Portfolio Pulse from Shanthi Rexaline

May 10, 2024 | 11:16 am

CLMT

Calumet Specialty Products Partners, L.P. (CLMT) reported Q1 2024 earnings with a GAAP EPS of $(0.51), surpassing the $(0.57) estimate, and sales of $1.005B, exceeding the $900.795M forecast. Despite beating estimates, this reflects a significant decrease in earnings and a slight decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:15 am

TBRG

TruBridge shares are trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:13 am

SLVM

Sylvamo (NYSE:SLVM) reported Q1 2024 earnings of $1.07 per share, surpassing the $1.02 estimate, and sales of $905M, also beating the $864.38M estimate. However, this represents a 57.37% decrease in earnings and a 5.63% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:12 am

IIIV

i3 Verticals has revised its FY24 revenue and adjusted EPS forecasts downwards. The new revenue range is $380M-$394M, down from the previous $385M-$400M, with analysts' expectations at $393.904M. Adjusted EPS projections have also been lowered from $1.52-$1.64 to $1.49-$1.57, against an estimated $1.59.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:10 am

FTCI

FTC Solar's shares dropped following a report of disappointing Q1 revenue and weaker than expected Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 11:09 am