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ETRGF

Entourage Health Corp. reported its fiscal year 2023 financial results, showing a slight decrease in net revenue to CA$40.7 million, but a significant 126% increase in gross profit and a 62.5% reduction in net loss. The company's EBITDA loss improved by 79% due to discontinuation of cultivation activities. Shares of Entourage traded 7.33% lower at $0.0091 per share.

Portfolio Pulse from Jelena Martinovic

April 30, 2024 | 3:25 pm

NVDA

UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $1100 to $1150.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 3:25 pm

SIRI

Sirius XM Holdings shares are trading lower, reversing after earlier gains due to better-than-expected Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 3:23 pm

CAR

Avis Budget Group's stock trades lower as Susquehanna maintains a Neutral rating and reduces its price target from $145 to $117.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 3:22 pm

CVX

Wells Fargo analyst Roger Read maintains an Overweight rating on Chevron (CVX) and raises the price target from $198 to $206.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 3:21 pm

AAPL

AMD

AMZN

LLY

NXPI

SMCI

SSNLF

Samsung Electronics Co Ltd (OTC:SSNLF) has surpassed Apple Inc (NASDAQ:AAPL) as the largest provider of smartphones, driven by its AI phone's popularity. Eli Lilly And Co (NYSE:LLY) and NXP Semiconductors NV (NASDAQ:NXPI) reported earnings above consensus, with LLY raising its FY24 EPS projection. Advanced Micro Devices, Inc. (NASDAQ:AMD), Amazon.com, Inc. (NASDAQ:AMZN), and Super Micro Computer Inc (NASDAQ:SMCI) are set to report earnings, providing further insight into AI demand. The Eurozone economy showed resilience with a Q1 GDP growth of 0.3%. Early trade money flows are positive in AMZN, neutral in AAPL and Alphabet Inc Class C (NASDAQ:GOOG), and negative in Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Tesla Inc (NASDAQ:TSLA), SPDR S&P 500 ETF Trust (NYSE:SPY), and Invesco QQQ Trust Series 1 (NASDAQ:QQQ).

Portfolio Pulse from The Arora Report

April 30, 2024 | 3:19 pm

ECL

Ecolab Inc. (NYSE:ECL) shares rose after reporting Q1 sales of $3.752 billion, surpassing expectations and showing a 5% year-over-year increase. The company also raised its FY24 EPS outlook from $6.10-$6.50 to $6.40-$6.70, above the $6.39 estimate. Additionally, Ecolab announced the divestiture of its global surgical solutions business to Medline for $950 million, expected to close in the second half of 2024. The sale and positive financial performance are part of Ecolab's strategy to transform its global healthcare business.

Portfolio Pulse from Nabaparna Bhattacharya

April 30, 2024 | 3:19 pm

PFE

Pfizer Inc (NYSE:PFE) faces headwinds as its stock declines due to decreased revenue from COVID-19 products, down 34.61% over the past year and 10.94% YTD. Ahead of Q1 earnings, Wall Street expects 49 cents EPS and $13.09 billion in revenues. The stock's forward dividend yield is 6.55%, with a focus on management's plans for debt reduction and dividend maintenance. Technical analysis shows a bearish trend, with the stock trading below key moving averages and negative indicators such as MACD and RSI. Analyst consensus rates PFE as Neutral with a price target of $40.54, while Cantor Fitzgerald sets a target at $45.

Portfolio Pulse from Surbhi Jain

April 30, 2024 | 3:18 pm

RIG

Transocean's shares dropped following the announcement of Q1 sales results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 3:15 pm

CHTR

Charter Communications (NYSE:CHTR) has seen a 13.56% increase in its short percent of float since the last report, with 11.41 million shares sold short, representing 11.64% of available shares. It would take about 8.73 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards CHTR, although it's higher than its peer group average of 9.12% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 3:15 pm