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Stock Prices

ANGI

IAC

MAX

As of Feb. 22, 2024, MediaAlpha, Inc. (MAX), IAC Inc. (IAC), and Angi Inc. (ANGI) are identified as overbought in the tech and telecom sector based on their RSI values, indicating potential short-term performance concerns. MediaAlpha's recent financial results exceeded expectations, particularly in the P&C insurance vertical, leading to a significant stock price increase. IAC reported a profit for its fourth quarter, and Angi also reported better-than-expected EPS results for the same period.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 1:42 pm

DTE

NEE

SRE

Wall Street's most accurate analysts have provided their views on three utilities stocks with over 3% dividend yields: Sempra (SRE), NextEra Energy (NEE), and DTE Energy (DTE). These stocks are highlighted for their high dividend yields and recent analyst ratings, including upgrades, downgrades, and price target adjustments. Sempra will report Q4 earnings on Feb. 27, 2024, while NextEra Energy and DTE Energy have posted better-than-expected quarterly results.

Portfolio Pulse from Avi Kapoor

February 22, 2024 | 1:42 pm

OWLT

Owlet, Inc. reported preliminary Q4 2023 revenue of $21 million, slightly below the estimated $21.160 million.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:42 pm

NVDA

NVIDIA's stock price increased following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided Q1 2025 revenue guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:40 pm

LCID

Lucid shares dropped following mixed Q4 financial results and future guidance. The company's performance and outlook have impacted investor sentiment, leading to a decrease in stock price.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:40 pm

ACVA

ACV Auctions' stock price increased following the announcement of better-than-expected Q4 financial results and the settlement of its antitrust litigation concerning the AutoIMS technology platform.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:40 pm

RIVN

Rivian's stock price declined following the announcement of mixed Q4 financial results and a decision to reduce its salaried workforce by approximately 10%.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:40 pm

T

TMUS

VZ

A significant cellular outage affected AT&T Inc. (T), Verizon Communications Inc. (VZ), and T-Mobile US Inc. (TMUS), disrupting services nationwide, including the ability to make 911 emergency calls. Over 51,000 incidents were reported for AT&T, with Verizon and T-Mobile also experiencing disruptions. However, a T-Mobile spokesperson claimed their network was operating normally. The outage has raised concerns over public safety and the telecom industry's role in maintaining critical communication infrastructure.

Portfolio Pulse from Rounak Jain

February 22, 2024 | 1:40 pm

DIS

Walt Disney Co (NYSE:DIS) has chosen three AI companies, AudioShake, ElevenLabs, and Promethean AI, for its annual business incubator program aimed at transforming entertainment. The program, known for fostering innovation and collaboration, has previously included notable companies like Epic Games. This year's selection also features Nuro and StatusPro, expanding Disney's technological engagement into driverless delivery and virtual reality sports. Additionally, Disney introduced 'Disney’s Magic Words,' an AI-driven advertising tool for Disney+ and Hulu, currently in beta testing with major advertising firms. DIS shares rose 0.62% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

February 22, 2024 | 1:39 pm

FIVN

Five9 shares are trading lower following the announcement of their Q4 financial results and the issuance of future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:37 pm