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OMQS

OMNIQ Corp. (NASDAQ:OMQS) has acquired CodeBlocks Ltd, a leading fintech software developer, for approximately $1.275M. This acquisition enhances OMNIQ's fintech offerings in self-service kiosks, credit card payment systems, and point-of-sale technologies. CodeBlocks' proprietary software, with over 80,000 deployments, is expected to bring immediate cost savings and market share expansion opportunities to OMNIQ.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:46 pm

APH

AXP

MA

On CNBC's 'Halftime Report Final Trades,' analysts recommended Mastercard (MA), American Express (AXP), and Amphenol (APH) based on their recent financial performances. Mastercard reported better-than-expected Q4 earnings with net revenues of $6.55 billion and an adjusted EPS increase of 20% Y/Y. American Express's Q4 revenue grew 11% Y/Y but missed consensus estimates, while Amphenol's Q4 sales increased by 3% Y/Y, beating consensus. Mastercard's shares fell slightly, whereas American Express and Amphenol shares gained.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 1:46 pm

CBOE

Cboe Global Markets, Inc. (NYSE:CBOE) exceeded Q4 earnings expectations with $2.06 per share against the forecasted $2.03, despite sales missing estimates at $499.00 million versus $511.68 million expected. The company anticipates 5% to 7% organic net revenue growth for FY24. Following the report, shares dropped by 1.1% to $182.78. Analysts from Barclays, Rosenblatt, and Oppenheimer adjusted their price targets, with changes reflecting both increases and decreases but maintaining positive ratings.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 1:45 pm

NVDA

NVIDIA shares are trading higher following an upgrade by Goldman Sachs, which raised its price target on the stock from $625 to $800 and added it to the Conviction List.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:40 pm

AAPL

Apple Inc.'s (NASDAQ:AAPL) Vision Pro headset has proven to be more durable than expected in recent tests, surviving impacts and drops with minimal damage. Despite its high price of $3,499, the device's resilience could alleviate consumer concerns about its longevity and justify its cost. The durability, combined with its potential to replace devices like the iPad, may positively influence its market reception and future sales.

Portfolio Pulse from Ananya Gairola

February 05, 2024 | 1:37 pm

CENN

Cenntro Electric Group Limited (NASDAQ:CENN) shareholders have approved a scheme to redomicile the company from Australia to the United States, becoming a wholly owned subsidiary of a new U.S. entity, Cenntro Inc., incorporated in Nevada. The scheme, subject to court approval and other conditions, is expected to be implemented on February 27, 2024. This move is aimed at advancing Cenntro's position in the electric vehicle market.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:37 pm

SUPN

Supernus Pharmaceuticals (SUPN) won a court case against Torrent Pharmaceuticals and its subsidiary, confirming the infringement and validity of patents related to Trokendi XR. The U.S. District Court for the District of New Jersey ruled that Torrent's submission of an ANDA to the FDA for a generic version of Trokendi XR infringed on Supernus' patents.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:37 pm

MPW

NSA

UNIT

Wall Street's most accurate analysts recommend selling three high-dividend yielding real estate stocks: Uniti Group Inc. (UNIT), Medical Properties Trust, Inc. (MPW), and National Storage Affiliates Trust (NSA). These recommendations come amidst market turbulence, with each stock facing specific challenges such as weaker-than-expected sales or plans to recover uncollected rents.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 1:36 pm

CAT

Caterpillar shares are trading higher following the announcement of mixed Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:35 pm

TGL

Treasure Global Inc's CEO, Sam Teo, purchased 1.17M shares of TGL at $0.0841 per share, signaling confidence in the company's future. This investment of $98,397 increases his stake to 5.11% of the voting shares. Teo's action aligns with TGL's strategic vision for growth and innovation in the technology sector.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:34 pm