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During a conference call, an Intel executive stated that the company anticipates Q1 to be the lowest point for its revenue, with expectations of sequential revenue growth throughout the year and into 2025.

Portfolio Pulse from Charles Gross

April 25, 2024 | 9:15 pm

PEAK

Healthpeak Properties has increased its FY24 diluted AFFO (Adjusted Funds From Operations) guidance from the range of $1.50–$1.56 to $1.53–$1.57, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:15 pm

ABNB

AMD

AMZN

ASML

BA

GOOG

META

NVDA

Nationwide pro-Palestine protests at U.S. universities have led to hundreds of arrests, with students demanding divestment from companies benefiting from Israel's actions in Gaza and the West Bank. Companies like Alphabet (GOOG), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), ASML Holding (ASML), Boeing (BA), Amazon.com (AMZN), and Airbnb (ABNB) are mentioned in relation to these divestment calls. The protests aim to pressure Israel into a cease-fire and have sparked significant controversy and media attention.

Portfolio Pulse from Natan Ponieman

April 25, 2024 | 9:12 pm

TMUS

T-Mobile US, Inc. (NASDAQ:TMUS) reported Q1 financial results with earnings per share of $2.00, surpassing the consensus estimate of $1.89, but missed revenue expectations with $19.594 billion against estimates of $19.811 billion. The company saw a slight decrease in sales from the previous year but reported a 6% year-over-year increase in postpaid service revenues and net account additions of 218,000. CEO Mike Sievert highlighted T-Mobile's industry-leading growth and raised guidance for 2024 postpaid net customer additions. T-Mobile shares rose 0.73% in after-hours trading.

Portfolio Pulse from Erica Kollmann

April 25, 2024 | 9:11 pm

ASB

Associated Banc (NYSE:ASB) reported Q1 2024 earnings of $0.52 per share, surpassing the $0.47 estimate, but sales of $322.843M fell short of the $324.996M forecast. This represents a 21.21% decrease in earnings and a 3.94% drop in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:11 pm

RCON

Recon Technology has announced a 1-for-18 reverse stock split, a move typically aimed at increasing the market price of a company's shares. This action can affect the stock's liquidity and potentially its listing status, depending on the exchange's minimum price requirements.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:11 pm

APPF

AppFolio has increased its revenue forecast for FY24 from the range of $755M-$765M to $766M-$774M, surpassing the estimated $764.752M.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:11 pm

AIH

Aesthetic Medical International Holdings Group (AIH) has received a decision from the Nasdaq Hearings Panel regarding its conditional continued listing on the exchange. This decision allows AIH to remain listed on Nasdaq under specific conditions that the company must meet.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:10 pm

EGO

Eldorado Gold (NYSE:EGO) reported Q1 2024 adjusted EPS of $0.27, surpassing the $0.17 estimate, marking a 200% increase from the previous year. However, their sales of $257.967M fell short of the $280.480M estimate, despite being a 13.24% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:10 pm

DOC

Healthpeak Properties (NYSE:DOC) reported Q1 2024 FFO of $0.45 per share, surpassing the $0.44 estimate, and sales of $606.560M, exceeding the $588.284M estimate. This represents a 7.14% increase in earnings and a 15.39% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 9:09 pm