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CLH

Clean Harbors (NYSE:CLH) was analyzed by 9 financial analysts, showing a shift towards more bullish ratings in the last quarter with an increase in the 12-month price target to $213.44 from $194.00. The company's financial performance indicates strong profitability and efficient management, with a notable revenue growth rate of 4.7% as of December 31, 2023, and a high net margin of 7.35%. Analysts' actions, including rating upgrades and price target adjustments, reflect optimism about the company's market position and financial health.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 1:01 pm

CLSK

CleanSpark Inc. (NASDAQ:CLSK) announced it has exceeded 17 EH/s of operating hashrate and exercised an option to purchase 100,000 Bitmain S21 Pros, increasing its total purchased hashrate by 17% to 23.4 EH/s. This upgrade, from the previously agreed S21 to the more efficient S21 Pro, maintains the cost at $16 per terahash while improving efficiency by 14%. CEO Zach Bradford highlighted the upgrade's significance ahead of the bitcoin halving, positioning CleanSpark as a leader in efficiency and production in North America. The new machines are expected to be delivered between June and December 2024.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 1:00 pm

TH

Target Hospitality (NASDAQ:TH) has been analyzed by 4 analysts, showing a mix of ratings from bullish to indifferent. The average 12-month price target is now $12.00, down from $13.00, reflecting a 7.69% decline. Analyst actions include lowering and maintaining ratings, with price targets adjusted accordingly. The company's financial performance shows a revenue decline of -17.2% over 3 months, but it outperforms in net margin, ROE, and ROA, indicating strong financial health despite revenue challenges.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 1:00 pm

BTCUSD

ETHUSD

Hong Kong is set to approve spot Bitcoin and Ether ETFs, potentially this week, positioning itself as a major player in the cryptocurrency ETF market. This move, reported by Bloomberg citing sources, involves Harvest Fund Management and a partnership between Bosera Asset Management and HashKey Capital as frontrunners for approval. The approval marks a shift from futures-based to spot crypto ETFs in Hong Kong, amid efforts to become a leading digital asset hub. This follows the successful launch of spot Bitcoin ETFs in the US, which have significantly boosted the cryptocurrency market.

Portfolio Pulse from Murtuza Merchant

April 12, 2024 | 12:58 pm

AMD

AVGO

INTC

MRVL

NVDA

QCOM

Despite US-China tensions, China remains a crucial market for U.S. semiconductor firms like Nvidia, Intel, Broadcom, Qualcomm, and Marvell Technology. These companies continue to report greater revenues from China than the U.S., even amid stringent export controls targeting AI-related chips. U.S. firms have adapted by developing modified AI chips for China to comply with regulations, while maintaining a technological lead. The Semiconductor Industry Association has called for a de-escalation of tensions, as China moves towards semiconductor self-reliance and the U.S. plans further restrictions on Chinese chipmaking facilities.

Portfolio Pulse from Benzinga Neuro

April 12, 2024 | 12:58 pm

AGEN

Trading for AGEN was halted and then resumed at 8:55:00 AM ET, with updates on quotation resumption, news, and resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:55 pm

CISS

Trading for CISS was halted and then resumed at 8:55 AM ET, following an update on its status. The halt was likely due to significant news or events pending announcement or clarification.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:55 pm

FLNT

Trading for FLNT was halted and then resumed at 8:55:00 AM ET, with updates on quotation resumption, news, and resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:55 pm

EZGO

Trading for EZGO was halted and then resumed at 8:55 AM ET, following an update on halt status. The update included news and resumption times for the stock.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 12:55 pm

C

DIVZ

FTXO

Citigroup Inc reported a slight revenue decline in Q1 fiscal 2024 but exceeded consensus expectations with a revenue of $21.10 billion and GAAP EPS of $1.58. Investment Banking and U.S. Personal Banking saw significant growth, while net credit losses increased and net income decreased. Citigroup reaffirmed its fiscal 2024 revenue outlook, and its stock, along with related ETFs FTXO and DIVZ, saw positive movements.

Portfolio Pulse from Anusuya Lahiri

April 12, 2024 | 12:51 pm