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CANG

Cango Inc. announced a share repurchase program of up to $50 million, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:08 am

PII

Polaris (NYSE:PII) reported Q1 adjusted earnings of $0.23 per share, surpassing the $0.06 estimate, but its sales of $1.74B fell short of the $1.75B estimate. This represents a significant decrease in both earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:07 am

AAPL

GOOGL

MSFT

Microsoft Corp. has introduced Phi-3 Mini, a new AI model with 3.8 billion parameters, marking it as the smallest yet in its Phi series, and comparable in capability to OpenAI's GPT-3.5. The model, designed for lower capacity devices, is now available on Azure, Hugging Face, and Ollama. This release is part of Microsoft's strategy to develop lightweight AI models suitable for personal devices. Meanwhile, Apple Inc. is in the process of negotiating the licensing of Alphabet Inc.'s Google Gemini AI for iPhones.

Portfolio Pulse from Rounak Jain

April 23, 2024 | 10:07 am

SPOT

Spotify shares are trading higher following the release of their Q1 financial results, indicating a positive market response.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:06 am

LKQ

LKQ Corporation has revised its FY24 organic revenue growth forecast downwards from the previously projected range of 3.5% - 5.5% to a new range of 2.5% - 4.5%.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:05 am

UPS

UPS anticipates a return to volume and revenue growth, signaling a positive outlook for the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:04 am

WBD

Wolfe Research analyst Peter Supino downgraded Warner Bros. Discovery (NASDAQ:WBD) from Peer Perform to Underperform, setting a price target of $7.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:04 am

DHR

Danaher projects a mid-single digit decline in adjusted core revenue for Q2 2024 compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:04 am

DHR

Danaher reported Q1 2024 adjusted EPS of $1.92, surpassing the $1.71 estimate, and sales of $5.796B, exceeding the $5.622B forecast. Despite beating estimates, this reflects a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:02 am

LKQ

LKQ Corporation reported Q1 adjusted earnings of $0.82 per share, missing the consensus estimate of $0.95, and sales of $3.70 billion, missing the estimate of $3.77 billion. This represents a decrease in earnings and an increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:02 am