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VCIG

VCI Global Limited (NASDAQ:VCIG) has acquired two AI gamification platforms, ENGAGE and Interact, from a UK-based developer, aiming to tap into the growing mobile advertising market projected to reach $400 billion by 2024. These platforms, which have shown significant user engagement and brand partnerships during trials, are expected to open new monetization channels for VCIG in brand marketing globally. The acquisition aligns with VCIG's strategy to expand its technology venture portfolio and anticipates future Nasdaq listings for these platforms.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:02 pm

INSE

Inspired Entertainment (NASDAQ:INSE) reported Q4 adjusted EPS of $0.17, surpassing the $0.13 estimate, and sales of $81.20M, exceeding the $73.22M estimate. This represents a 54.55% increase in EPS and a 3.31% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:02 pm

SCHW

Charles Schwab reported Q1 2024 earnings per share of $0.74, meeting analyst estimates, with sales of $4.740B surpassing the $4.714B forecast, a 7.35% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:02 pm

CLSK

Cleanspark (NASDAQ:CLSK), a bitcoin mining company, has received diverse analyst ratings over the last three months, with a trend towards bullish evaluations. The average 12-month price target for CLSK is now $22.4, reflecting a significant increase from the previous average of $14.86. This upward revision is supported by Cleanspark's strong financial performance, including a revenue growth rate of 170.26%, a net margin of 34.33%, and an ROE of 3.41%. The company's market capitalization and financial metrics indicate a robust position in the industry, with a debt-to-equity ratio well below the industry average.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:01 pm

BC

Brunswick (NYSE:BC) has received mixed analyst ratings over the past three months, with a total of 7 analysts offering their views. The recent ratings show a shift towards a more cautious stance, with one indifferent rating in the last 30 days compared to two bullish and one indifferent rating two months ago. Analysts have updated their 12-month price targets for Brunswick, setting an average target of $96.86, which is an increase from the previous $93.43. The company has faced a revenue decline of -13.95% as of December 31, 2023, but maintains a strong net margin of 4.47% and an exceptional return on equity (ROE) of 2.92%, despite challenges in debt management.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:01 pm

AGX

FIP

NEOV

Three industrials sector stocks, FTAI Infrastructure Inc. (FIP), NeoVolta Inc. (NEOV), and Argan, Inc. (AGX), are considered overbought as of April 15, 2024, based on their RSI values, indicating potential short-term performance concerns. FIP's recent weak quarterly results and a 17% stock gain, NEOV's $1 million Q4 gross revenue and 219% stock gain, and AGX's strong Q4 financials with a 19% stock gain in five days, have pushed their RSIs to levels suggesting they may be overvalued.

Portfolio Pulse from Avi Kapoor

April 15, 2024 | 12:00 pm

PCAR

In the last three months, 10 analysts have provided diverse ratings for PACCAR (NASDAQ:PCAR), ranging from bullish to bearish. The average 12-month price target for PCAR has increased by 13.92% to $117.2, with a high estimate of $140.00 and a low estimate of $97.00. Recent analyst actions include various ratings adjustments and price target changes, reflecting a positive shift in sentiment towards PACCAR. The company, known for manufacturing medium- and heavy-duty trucks, has shown strong financial health with a revenue growth rate of 11.65%, a net margin of 15.61%, and an ROE of 8.89%.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:00 pm

NET

Analysts have diverse opinions on Cloudflare (NYSE:NET), with recent ratings ranging from bullish to bearish. The average 12-month price target for NET has increased by 30.6% to $106.62. Analyst actions include adjustments to ratings and price targets, reflecting dynamic market conditions and Cloudflare's performance. Cloudflare's financial overview shows strong market presence, revenue growth, and profitability, with a market capitalization and performance metrics above industry benchmarks.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:00 pm

KBR

KBR Inc has entered into an exclusive global alliance with GeoLith SAS to license GeoLith's advanced Direct Lithium Extraction technology, Li-Capt, aimed at enhancing lithium production for electric vehicle batteries. This collaboration combines GeoLith's technology with KBR's battery material technologies to produce battery-grade lithium, addressing the growing demand for lithium-ion batteries.

Portfolio Pulse from Shivani Kumaresan

April 15, 2024 | 11:55 am

LUXH

LuxUrban Hotels shares surged following the announcement of a year-over-year increase in both Q4 and FY23 net rental revenue results.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 11:55 am