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OSIS

OSI Systems (NASDAQ:OSIS) reported Q3 2024 adjusted EPS of $2.16, surpassing the $2.10 estimate, and sales of $405.406M, exceeding the $403.459M estimate. This represents a 44.97% increase in earnings and a 33.85% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:42 pm

GLD

META

UUP

The U.S. economy grew by 1.6% in Q1 2024, below the expected 2.5%, with inflation indicators like the Core PCE price index rising to 3.7%. The U.S. dollar index, as represented by UUP, slightly increased, while gold prices, tracked by GLD, rose by 0.5%. Meta Platforms Inc. (META) saw a 15% drop in premarket trading due to weak revenue guidance for Q2, impacting U.S. indices futures.

Portfolio Pulse from Piero Cingari

April 25, 2024 | 12:42 pm

BYDDF

BYDDY

The Beijing International Automotive Exhibition highlighted the prominence of Chinese EV manufacturers, particularly BYD (OTC:BYDDF) (OTC:BYDDY) and Xiaomi, showcasing the industry's shift towards electric mobility. BYD, backed by Warren Buffett, and Xiaomi, with over 75,000 orders for its SU7 sedan, were central attractions. The event underscored the rapid transformation in China's automotive sector towards NEVs, with foreign automakers also adjusting their strategies to focus more on electric vehicles.

Portfolio Pulse from Anan Ashraf

April 25, 2024 | 12:42 pm

ELTX

Elicio Therapeutics, Inc. (NASDAQ:ELTX) announced it will present new preliminary data from its AMPLIFY-7P Phase 1/2 study of ELI-002 7P, a cancer vaccine candidate for mKRAS-driven solid tumors, at the 2024 ASCO Annual Meeting. The study focuses on the vaccine's safety and efficacy in patients with minimal residual disease-positive pancreatic and colorectal cancer. ELI-002 7P targets seven KRAS mutations, aiming to stimulate an immune response in 25% of all solid tumors.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:41 pm

EADSY

Airbus is currently in discussions with China regarding a potential aircraft order, according to a report by Reuters. This development could signify a significant sales boost for Airbus if the negotiations are successful.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:40 pm

CCS

Wedbush analyst Jay McCanless reiterates an Underperform rating on Century Communities (NYSE:CCS) with a maintained price target of $82.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:40 pm

OMQS

OMNIQ Corp's shares surged following the announcement of a follow-on order for its AI-based machine vision solution, aimed at a Homeland Security project. This development signifies the company's continued involvement and success in providing critical technology solutions for national security.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:38 pm

HONE

HarborOne Bancorp (NASDAQ:HONE) reported Q1 earnings of $0.17 per share, surpassing the $0.11 estimate, a 6.25% increase from last year. Sales reached $30.58M, beating the $29.25M estimate but marking an 11.09% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:36 pm

HAFC

Hanmi Financial has announced a new share repurchase authorization allowing the company to buy back up to 1.5 million shares. This move is part of Hanmi's strategy to enhance shareholder value and potentially improve earnings per share by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:36 pm

DIA

IWM

QQQ

QQQM

SPY

Major stock indexes declined due to weaker-than-anticipated US GDP growth, indicating a slowdown in economic expansion.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:35 pm