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NOC

Northrop Grumman Corporation (NYSE:NOC) is anticipated to report lower Q4 earnings at $5.80 per share compared to $7.50 per share in the previous year. Revenue is expected to be $10.44 billion, up from $10.03 billion. The company recently tested a new rocket motor. NOC shares dropped 0.9% to $463.92. Analysts have revised price targets and ratings, with the most accurate analysts suggesting a neutral to negative outlook.

Portfolio Pulse from Avi Kapoor

January 25, 2024 | 6:40 am

STM

STMicroelectronics (NYSE:STM) reported Q4 earnings of $1.14 per share, surpassing the consensus estimate of $0.95 by 20%. However, the company experienced a 13.64% decrease in earnings compared to $1.32 per share from the same period last year. Quarterly sales were $4.28 billion, slightly missing the estimate of $4.31 billion by 0.70% and marking a 3.21% decrease from $4.42 billion in the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 6:04 am

TSLA

Tesla Inc (NASDAQ:TSLA) acknowledges that lack of awareness is a barrier to EV adoption but plans to be cautious with advertising spending. Despite successful digital campaigns in Q4, CFO Vaibhav Taneja emphasized the need to avoid overspending. CEO Elon Musk highlighted the need to increase awareness in low market share regions like Japan, by adding superchargers and service centers. Musk is open to trying some advertising, as suggested by shareholders and analysts, to promote Tesla's features and functionality.

Portfolio Pulse from Anan Ashraf

January 25, 2024 | 5:57 am

FBMS

First Bancshares (NASDAQ:FBMS) reported Q4 adjusted EPS of $0.59, missing the consensus estimate of $0.68, and sales of $57.66M, below the expected $58.42M. This represents a 16.9% decrease in EPS and a 20.33% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:51 am

FDBC

Fidelity D & D Bancorp (NASDAQ:FDBC) experienced a significant decline in its Q4 earnings and sales year-over-year. Earnings per share dropped by 93.65% to $0.08 from $1.26, while sales decreased by 33.02% to $14.90M from $22.25M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 5:47 am

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Jim Cramer, host of CNBC's 'Mad Money,' recommends investors to adapt their strategies to capitalize on market anomalies. He notes that the market has not behaved as expected in the past two years, citing the strong performance of homebuilders like Lennar Corp, Toll Brothers Inc, and PulteGroup Inc despite rate hikes, and Boeing Co's recovery amid aircraft shortages. He also mentions the 'Magnificent Seven' tech giants, including Apple, Amazon, Alphabet, Microsoft, Meta Platforms, NVIDIA, and Tesla, as driving market performance. Cramer advises buying stocks like Caterpillar Inc and Micron Technology, but suggests avoiding Delta Air Lines and Fluor Corp.

Portfolio Pulse from Benzinga Neuro

January 25, 2024 | 5:16 am

TSLA

Tesla Inc (NASDAQ:TSLA) maintained its Bitcoin reserves in Q4 2023, with no purchases or sales, holding steady at $184 million. Tesla ranks fourth among public companies in Bitcoin holdings. Despite a revenue increase, Tesla missed Q4 revenue and EPS estimates, with shares down 3% in after-hours trading. Bitcoin was trading at $40,060, up 0.52%.

Portfolio Pulse from Mehab Qureshi

January 25, 2024 | 3:43 am

TSLA

Morgan Stanley analyst Adam Jonas maintains an overweight rating on Tesla Inc (TSLA) with a $345 price target. Despite Tesla's warning of lower volume growth in 2024, Jonas did not find new information in the Q4 call to change the bearish sentiment. He expects delivery growth to drop to 15% in 2024, down from 38% in 2023. Jonas cites potential AI developments and higher than expected capex as reasons not to bet against Tesla's shares. He adjusted revenue estimates for FY24 to $106 billion with a higher automotive gross profit and operating margin. Tesla shares closed down 0.6% and fell about 6% after hours.

Portfolio Pulse from Anan Ashraf

January 25, 2024 | 3:36 am

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Cryptocurrencies traded mixed amid macroeconomic concerns, with Bitcoin slightly up and Ethereum down. The U.S. dollar index rebounded, reducing expectations for interest rate cuts. The S&P 500 and Nasdaq ended positively, while the Dow Jones fell. Analysts suggest Bitcoin is nearing a critical support level and whales continue to accumulate despite market corrections.

Portfolio Pulse from Mehab Qureshi

January 25, 2024 | 3:15 am

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TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), during an earnings call, highlighted the competitive edge of Chinese automakers, particularly noting their potential to 'demolish' global rivals if not for trade barriers. Musk acknowledged BYD (OTC:BYDDF) (OTC:BYDDY) as a key battery supplier, along with Panasonic (OTC:PCRFF) (OTC:PCRFY), CATL, and LG (OTC:LGEIY), and plans to increase orders in 2024. Despite Tesla's revenue increase to $25.17 billion in Q4, it fell short of expectations. The rise of Chinese EV makers like BYD, which outsold Tesla in the last quarter, is intensifying competition, prompting Tesla to reduce prices in China and Europe.

Portfolio Pulse from Benzinga Neuro

January 25, 2024 | 3:10 am