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Stock Prices

EWU

The U.K. RICS House Price Balance for April was reported at -5%, lower than the estimated -2% and matching the revised figure for the previous month.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 5:15 am

ARM

ARM Holdings Plc (NASDAQ:ARM) announced its entry into the automotive sector with the introduction of autonomous driving solutions based on the ARMv9 architecture during its Q4 earnings call. CEO Rene Haas highlighted the significance of bringing ARMv9's advanced performance and safety features to the automotive industry, expecting substantial growth. The move follows ARM's strong Q4 financial results, including record royalty revenue, positioning the company for expansion into new markets amidst the technological advancements in the automotive sector.

Portfolio Pulse from Kaustubh Bagalkote

May 09, 2024 | 4:00 am

COIN

RDDT

SHOP

Cathie Wood's Ark Invest made significant trades, buying shares of Shopify Inc (SHOP) and Reddit Inc (RDDT), and selling Coinbase Global Inc (COIN) shares. The Shopify purchase, valued at $30.24 million, occurred despite an 18.59% plunge in its stock price following Q1 results. Reddit shares were bought for $5.93 million, after reporting strong Q1 results and Q2 guidance. Coinbase shares were sold amid a decline in Bitcoin prices. Other trades included selling shares of Global-E Online Ltd (GLBE), Twilio Inc (TWLO), StoneCo Ltd (STNE), Draftkings Inc (DKNG), Twist Bioscience Corp (TWST), AeroVironment Inc (AVAV), and 2U Inc (TWOU), while buying Rocket Lab USA Inc (RKLB).

Portfolio Pulse from Benzinga Neuro

May 09, 2024 | 3:54 am

ABNB

ARM

HOOD

SHOP

TSLA

On Wednesday, ARM Holdings, Robinhood, Airbnb, Shopify, and Tesla were key stocks on investors' radars, with varied performances. ARM Holdings reported better-than-expected Q4 results, Robinhood announced record Q1 revenue, Airbnb saw an 18% increase in Q1 revenue, Shopify reported a 23% growth in Q1 revenue, and Tesla's shares fell amid investigations into its self-driving technology claims.

Portfolio Pulse from Benzinga Neuro

May 09, 2024 | 3:20 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin experienced declines, with Bitcoin's fundamentals suggesting a potential 300% upside, indicating a future price between $250K-$275K. The cryptocurrency market saw over $140 million in liquidations, with a notable increase in bullish positions on Bitcoin despite its recent losses. The U.S. equity market showed mixed results, and the correlation between cryptocurrencies and traditional markets remains low, suggesting independent movements.

Portfolio Pulse from Aniket Verma

May 09, 2024 | 2:00 am

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) plans to launch index options and futures trading for active traders in Q4 2024, aiming to capitalize on its growing user base. The announcement was made during its Q1 2024 earnings call, highlighting a focus on mobile user experience and competitive pricing. This expansion follows a record first quarter with significant revenue and customer asset growth. Despite facing SEC allegations, Robinhood's stock has been performing well, with the new offerings expected to attract more active traders.

Portfolio Pulse from Kaustubh Bagalkote

May 09, 2024 | 1:59 am

ARM

GOOG

GOOGL

MSFT

NVDA

Wedbush analyst Dan Ives highlighted the early stages of a 'fourth Industrial Revolution' led by Nvidia's CEO, Jensen Huang, dubbed the 'Godfather of AI'. Ives emphasized the accelerating AI investment under Huang's leadership, predicting a tech bull market into 2025, benefiting AI infrastructure, software, and services. He also noted strong tech results from Microsoft and Alphabet, with both companies showing significant revenue growth. Arm Holdings reported earnings that exceeded expectations, while Nvidia is set to report its Q1 earnings soon.

Portfolio Pulse from Ananya Gairola

May 09, 2024 | 1:40 am

TBIO

Trading for TBIO was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:50 pm

EQX

Equinox Gold (AMEX:EQX) reported Q1 adjusted losses of $(0.04) per share, missing the $(0.03) estimate, and sales of $241.30M, missing the $284.00M estimate. This represents a 33.33% increase in losses and a 15.04% miss in sales estimates compared to the same period last year, although sales increased by 3.08% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:29 pm

GDEN

Golden Entertainment (NASDAQ:GDEN) reported Q1 2024 earnings of $1.37 per share, surpassing the $0.26 estimate by 426.92%, and a 260.53% increase from last year. Sales reached $174.047M, beating the $167.763M estimate but marking a 37.40% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:26 pm