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CUK

Carnival (NYSE:CUK) reported Q1 2024 adjusted EPS of $(0.14), surpassing the $(0.16) estimate, but missed sales forecasts with $5.406 billion against the expected $5.473 billion, marking a 21.98% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:17 pm

BTBT

Bit Digital Inc (NASDAQ:BTBT), a bitcoin mining company, announced receiving a customer proposal to expand its existing agreement for Bit Digital AI by an additional 2,048 GPUs, bringing the total to 4,096 GPUs. This expansion is expected to help the company reach a $100 million annualized revenue run-rate for its AI business. The company's revenue growth in FY23 was 39.15%, influenced by various factors including the macroeconomic environment. Bit Digital's stock was up 3.95% at $2.36 following the announcement.

Portfolio Pulse from Adam Eckert

March 27, 2024 | 1:16 pm

SOL

A trader lost $138,000 in 35 minutes attempting to 'snipe' a newly launched coin, PUNDU, using Solana (SOL) tokens withdrawn from Binance. The strategy backfired due to 'sniper selling', leading to a rapid price decline and a significant loss.

Portfolio Pulse from Murtuza Merchant

March 27, 2024 | 1:15 pm

AEZS

AEterna Zentaris (NASDAQ:AEZS) reported Q4 earnings with an EPS of $-1.16, missing estimates by -20.0% and a revenue decrease of $2.36 million from the previous year. The company has a history of missing EPS estimates, which previously led to a 6.0% drop in share price.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:10 pm

BABA

ONLN

PGJ

Alibaba Group Holding Limited's logistics arm, Cainiao, plans to double the year-end bonus for all employees in its next financial year and launch an 'entrepreneurship incentive plan'. This move comes after Alibaba canceled Cainiao's IPO. Alibaba, owning 64% of Cainiao, has proposed to buy the remaining stake for up to $3.75 billion, valuing Cainiao at $10.3 billion. Alibaba is also revising employee incentives across its units, allowing quarterly stock option exercises. The company aims to strengthen its logistics and e-commerce integration, focusing on global market expansion and AI advancements. Alibaba's stock has declined by 17% over the last 12 months.

Portfolio Pulse from Anusuya Lahiri

March 27, 2024 | 1:09 pm

FSR

Fisker Inc. has significantly reduced the prices of its electric vehicles (EVs) by up to 39% in a strategic move to stay competitive and ensure its survival in the increasingly crowded EV market, according to Bloomberg News.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:09 pm

AACG

GME

HOUR

In Wednesday's pre-market session, 12 consumer discretionary stocks showed significant movement. Gainers included ATA Creativity Global, SRIVARU Holding, Color Star Tech, Golden Sun Health, Kidpik, and MGO Global with increases ranging from 7.25% to 19.6%. Losers were JOANN, GameStop, Lobo EV Technologies, Hour Loop, Traeger, and Lixiang Education Holding, with decreases ranging from 4.14% to 25.4%. Notably, ATA Creativity Global, GameStop, and Hour Loop had their Q4 earnings reports released.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:06 pm

AKLI

ALT

LIXT

PDSB

SSKN

In Wednesday's pre-market session, several healthcare stocks showed significant movement. Lixte Biotechnology, Nutriband, NovoCure, Strata Skin Sciences, Nuvation Bio, and MediciNova were among the gainers, with Lixte Biotechnology leading with a 67.2% increase. On the downside, Akili, OpGen, Mesoblast, Altimmune, Concord Medical Services, and PDS Biotechnology experienced declines, with Akili seeing the largest drop of 20.6%. Notably, Strata Skin Sciences, Altimmune, and PDS Biotechnology released their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:06 pm

CTAS

RAYA

SMR

VLD

In Wednesday's pre-market session, several industrials stocks showed significant movement. Notably, Erayak Power Solution Gr, NuScale Power, and WANG & LEE Group were among the top gainers, while Velo3D, Bowman Consulting Group, and C3is led the losers. Cintas reported Q3 earnings, contributing to its stock rise, whereas Velo3D and C3is saw declines following their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:05 pm

LIDR

MRDB

NCNO

In Wednesday's pre-market session, several information technology stocks showed significant movement. MariaDB (MRDB) led the gainers with a 75.4% increase, while AEye (LIDR) experienced the largest drop among the losers, declining by 17.8%. Notably, Ncino (NCNO) saw a 17.26% rise following its Q4 earnings report, and AEye's (LIDR) Q4 earnings also influenced its stock performance.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:05 pm