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BA

Boeing Co. (NYSE:BA) anticipates a slower ramp-up in the production and delivery of its 787 widebody jets due to supplier shortages, as communicated by Scott Stocker, the 787 vice president and general manager, to employees. Despite these challenges, Boeing aims to gradually increase production to meet strong demand. The FAA is closely monitoring the situation to ensure compliance and safety. This news comes ahead of Boeing's Q1 earnings announcement and amidst scrutiny over manufacturing practices and safety concerns raised by whistleblower complaints.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 5:46 am

PNFP

Pinnacle Financial Partners (PNFP) reported Q1 earnings of $1.57 per share, surpassing the $1.54 estimate, marking a 1.95% beat. Despite a 10.8% decrease from last year's $1.76, sales rose to $428.14M, exceeding the $422.49M forecast by 1.34% and representing a 6.57% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 5:02 am

WAFD

Washington Federal (NASDAQ:WAFD) reported Q2 adjusted EPS of $0.73, surpassing the $0.60 estimate, with sales of $171.99M also beating the $151.64M estimate. Despite these beats, both earnings and sales saw a decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 4:59 am

ASR

Southeast Airport Group (NYSE:ASR) reported Q1 earnings per share (EPS) of $6.21, surpassing the consensus estimate of $4.97 by 25.03%, and a 33.92% increase from last year's $4.64 EPS. Q1 sales reached $449.72M, exceeding estimates of $418.86M by 7.37%, marking a 30.18% increase from the previous year's $345.47M.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 4:57 am

GOOG

GOOGL

META

MSFT

NVDA

TSLA

Jim Cramer highlighted the stock market's positive performance but warned that upcoming Big Tech earnings from Tesla, Meta Platforms, Microsoft, and Alphabet could significantly impact the market's direction. NVIDIA saw a 4% rise after a 10% drop, with Cramer noting its shift from a market leader to underperformer. Despite the volatility and concerns over inflation and geopolitical tensions, some Wall Street veterans remain optimistic about the bull market's continuation.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 3:17 am

ARKK

ARKQ

ARKW

TSLA

ZM

Cathie Wood's Ark Invest capitalized on the recent dip in Tesla Inc's stock by purchasing over $17M worth of shares across three ETFs, signaling confidence ahead of Tesla's Q1 results. Conversely, Ark sold approximately $19.9M in Zoom Video Communications shares, amidst varied analyst ratings and AI advancements by Zoom. Additionally, Ark offloaded shares of 2U Inc and Caterpillar Inc from its ETFs.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 2:42 am

DJT

MTTR

RIOT

TSLA

VZ

U.S. stocks closed positively with DJT, RIOT, MTTR, VZ, and TSLA being the focus. DJT dipped after a SPAC merger, RIOT surged with Bitcoin, MTTR soared on acquisition news, VZ fell despite revenue stability, and TSLA dropped after cutting FSD software prices.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 1:57 am

BTCUSD

ETHUSD

Cryptocurrency analyst Michael van de Poppe predicts a market upswing following the conclusion of the Bitcoin halving, noting a decline in Bitcoin dominance and the start of market rotation. The halving event is expected to impact Bitcoin miners significantly by nearly doubling production costs. Bitcoin and Ethereum have shown increases in their trading prices over the last seven days.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 1:43 am

META

Former President Donald Trump has criticized a potential TikTok ban, suggesting it benefits Meta Platforms Inc. (Facebook) by making it more dominant. Trump, who previously attempted to ban TikTok, now argues the move would unfairly advantage Facebook. The House has passed legislation requiring TikTok's sale or facing a ban, which President Biden supports. The White House denies seeking a TikTok ban, aiming instead for American ownership to protect data.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 12:43 am

PIRS

Trading for PIRS was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 11:50 pm