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MIMO

The NYSE American has announced it will start delisting proceedings against Airspan Networks Holdings, impacting its stock trading status.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:19 pm

AMD

AMD has advised shareholders to reject an unsolicited mini-tender offer from Tutanota LLC to purchase up to 150,000 shares at $200.00 per share, contingent on the closing price exceeding $200.00 on the last trading day before the offer expires.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:17 pm

PVH

PVH Corp. has announced a $2 billion increase to its stock repurchase program, with the Board of Directors approving this expansion and extending the program through July 2028. This move is part of the PVH+ Plan aimed at returning excess cash to shareholders. In 2023, PVH repurchased 5.7 million shares for $550 million, including 2.5 million shares for $282 million in Q4 alone.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:17 pm

PVH

PVH Corp reported Q4 earnings of $3.72 per share, surpassing the $3.53 estimate, marking a 56.3% increase from last year. Sales reached $2.49B, exceeding the $2.42B estimate, with a slight 0.04% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:16 pm

CVX

Chevron (NYSE:CVX) has seen significant options trading activity, with a bullish sentiment from the majority of investors. Analysis of 18 trades shows 55% bullish and 44% bearish expectations. The trades include 6 puts and 12 calls, aiming for a price range of $130.0 to $185.0. Chevron, a major integrated energy company, has a current stock price of $158.0, with an upcoming earnings announcement in 25 days. The trading volume and RSI indicators suggest the stock may be overbought.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:15 pm

CEG

Smart money investors have shown a significant interest in Constellation Energy (NASDAQ:CEG) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 14 unusual trades, indicating a potential price movement between $140 and $260. The trading volume and open interest analysis suggest a keen investor interest in CEG's options. Currently, CEG's stock is slightly up, with an earnings announcement expected in 31 days. Analysts from Morgan Stanley, Wells Fargo, and UBS have given positive ratings, with price targets ranging from $185 to $201.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:15 pm

ARRW

Arrowroot Acquisition Corp. (NASDAQ:ARRW) shareholders approved the business combination with iLearningEngines, Inc., a leader in AI-powered learning automation. Over 97% of Arrowroot's shares voted in favor of the merger, which is expected to close following the satisfaction of all conditions. The combined entity will operate as iLearningEngines, Inc. and plans to list on Nasdaq under the ticker 'AILE', with warrants under 'AILEW', subject to closing and Nasdaq requirements.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:14 pm

SKYX

SKYX Platforms Corp. reported Q4 sales of $22.2M, surpassing the analyst consensus estimate of $21.125M by 5.09%. This represents a significant increase of 243.70K% over the sales of $9.106K in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:12 pm

DUOT

Duos Technologies Group (NASDAQ:DUOT) reported a Q4 EPS of $(0.44), missing the $(0.25) estimate, and sales of $1.53M, missing the $3.00M estimate. This represents a 340% decrease in EPS and a 74.22% decrease in sales from the same period last year.

Portfolio Pulse from dijoy@benzinga.com

April 01, 2024 | 8:10 pm

DUOT

Duos Technologies Group (NASDAQ:DUOT) reported Q4 earnings with an EPS of $-0.44, missing estimates by -76.0% and a revenue decrease of $4.40 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 16.0% share price drop after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:10 pm