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EADSY

Airbus exceeded its 2023 commercial aircraft delivery target by delivering 735 aircraft, surpassing the goal of 720. The company also registered 2,319 gross new orders, resulting in 2,094 net orders. By the end of December, Airbus had a backlog of 8,598 aircraft.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 5:00 pm

XOSWW

Trading for XOSWW was halted and then resumed at 12:00 PM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 5:00 pm

EXK

Endeavour Silver's stock is trading lower after the company released its FY24 guidance, highlighting escalating costs as an ongoing challenge.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 4:58 pm

HSAI

Hesai Group (NASDAQ:HSAI), a provider of lidar solutions, is experiencing a surge in its share price following the announcement of preliminary, unaudited results for Q4 and the full year 2023. The company expects Q4 net revenues to exceed the top end of its guidance and anticipates total lidar shipments for 2023 to surpass 220,000 units, a significant increase from 2022. Hesai also expects to beat its goal of shipping 200,000 ADAS lidar units. The CEO highlighted a record December with over 50,000 lidar units shipped and expressed confidence in the company's position in the lidar industry. Hesai's shares are up by 8.64% at $8.30.

Portfolio Pulse from Akanksha Bakshi

January 11, 2024 | 4:58 pm

UBOT

The article discusses the synergy between blockchain technology and artificial intelligence (AI), highlighting three areas where they complement each other: authenticity, speed, and smarter smart contracts. It also provides investment advice, suggesting that ETFs, particularly leveraged ETFs like Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT), are good vehicles for investing in AI. UBOT tracks the Indxx Global Robotics and Artificial Intelligence Thematic Index and aims for double the index's daily return. However, it is noted that leveraged ETFs should be used for trading rather than long-term investment. UBOT has recently shown bullish signs, trading above key moving averages and approaching a resistance level at $21.10.

Portfolio Pulse from Johnny Rice

January 11, 2024 | 4:58 pm

SOLO

Trading for SOLO was halted and then resumed at 11:55 AM ET, with updated quotation, news, and resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 4:55 pm

META

MTCH

QQQ

WMT

Meta Platforms Inc (META) is criticized by Walmart Inc (WMT) and Match Group Inc (MTCH) for placing their ads next to content sexualizing underage users on Facebook and Instagram. Match Group's CEO contacted Meta's CEO directly, and Walmart demanded immediate action. The issue follows a report on Instagram's algorithms promoting a 'vast pedophile network.' Meta is facing legal challenges and internal concerns over encryption potentially hindering the detection of child abuse. META stock is up 0.05% premarket.

Portfolio Pulse from Anusuya Lahiri

January 11, 2024 | 4:52 pm

LUNR

Intuitive Machines, Inc. (NASDAQ:LUNR) stock dropped 18.2% to $2.32 after announcing the full exercise of a Series B Common Stock Purchase Warrant by an investor, resulting in the issuance of approximately 4.7 million Class A shares. The investor also received new Series A and B Warrants. The transaction raised about $11.8 million, with Cantor Fitzgerald & Co. as the warrant inducement agent. LUNR's 52-week range is $2.09 to $136.00.

Portfolio Pulse from Henry Khederian

January 11, 2024 | 4:43 pm

META

Mizuho analyst James Lee has reaffirmed a Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $400 to $470, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 4:42 pm

AR

Benchmark analyst Subash Chandra has maintained a Buy rating on Antero Resources (NYSE:AR) but has reduced the price target from $32 to $26.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 4:35 pm