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CMI

Cummins (NYSE:CMI) is scheduled to release its quarterly earnings report on February 6, 2024, with an estimated EPS of $4.48. The company's past earnings performance shows mixed results, with a slight beat last quarter leading to a 3.64% increase in share price. However, over the last 52 weeks, Cummins shares have declined by 3.28%. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:00 pm

MNDY

Analyst reviews for Monday.Com (NASDAQ:MNDY) show a diverse range of perspectives, with recent ratings indicating a shift towards a more bullish outlook. The average 12-month price target has been raised to $209.5, reflecting a 7.02% increase from the previous target. Key analysts from firms like Piper Sandler and Keybanc have adjusted their ratings and price targets, highlighting the company's strong revenue growth, impressive net margin, and effective asset utilization. Despite challenges in ROE, Monday.Com's financial performance and market standing are positively viewed by analysts.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:00 pm

OWPC

Isiah Thomas, CEO of One World Products Inc (OTC:OWPC), stated that Colombia's halted marijuana legalization is not affecting the company's operations. OWPC, operating in Colombia, continues its business as usual, with recent deals including manufacturing and distributing Smokiez Gummies and a partnership with Kx Family Care for CBD personal care products. Despite regulatory challenges, OWPC's international THC product plans remain on track. The company's stock saw a slight increase after this announcement.

Portfolio Pulse from Jelena Martinovic

February 05, 2024 | 3:00 pm

SBUX

Over the past 15 years, Starbucks (NASDAQ:SBUX) has produced an average annual return of 21.52%, outperforming the market by 8.91%. A $100 investment in SBUX 15 years ago would now be worth $1,718.47. Starbucks currently has a market capitalization of $104.29 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:00 pm

ENPH

$1000 invested in Enphase Energy (NASDAQ:ENPH) 10 years ago would now be worth $13,459.46, showcasing an average annual return of 29.74% and outperforming the market by 19.26% annually. Enphase Energy currently has a market capitalization of $12.93 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:00 pm

LINKUSD

Chainlink (CRYPTO: LINK) has seen a significant increase in its price, rising 7.08% in the last 24 hours to $19.44, and a 36.0% gain over the past week from $14.33. The coin's all-time high is $52.70. Trading volume surged 188.0% over the week, and the circulating supply increased by 3.82% to 587.10 million, about 58.71% of its max supply. Chainlink's market cap ranks it #11 at $11.48 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:00 pm

INBS

Intelligent Bio Solutions' stock is trading lower following the announcement of the exercise of previously issued warrants, resulting in $1.77 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:58 pm

TSN

Tyson Foods Inc (NYSE:TSN) shares surged after reporting first-quarter FY24 results with sales slightly up by 0.4% Y/Y to $13.32 billion, surpassing analyst expectations. Despite a decrease in gross profit and adjusted operating income, adjusted EPS of $0.69 beat the consensus of $0.41. The company reaffirmed its FY24 outlook, expecting sales to be relatively flat Y/Y. Tyson's stock price increased by 7.2% to $60.43.

Portfolio Pulse from Lekha Gupta

February 05, 2024 | 2:54 pm

TSLA

SAP has decided to remove Tesla from its list of company car suppliers, citing fluctuating list prices and problematic delivery conditions as the main reasons. This decision affects Tesla's presence in the German fleet market, where it already faces challenges, as evidenced by similar moves from Hertz and Sixt and a low market share among major German fleet operators.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:52 pm

NKLA

PLUG

Nikola Corp (NASDAQ:NKLA) announced the opening of its first HYLA hydrogen refueling station in Southern California, aiming to fuel up to 40 Class 8 trucks daily. This marks the beginning of Nikola's plan to establish a significant hydrogen refueling network, with ambitions for up to 60 stations. Additionally, Ole Hoefelmann, with a 30-year background in hydrogen and former executive roles at Air Liquide and Plug Power Inc (NASDAQ:PLUG), has been appointed as president of Nikola's energy division. Nikola's stock was down 4.67% at $0.6941.

Portfolio Pulse from Adam Eckert

February 05, 2024 | 2:46 pm