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DIA

GLD

QQQ

SPY

U.S. stock markets closed lower, with the Dow Jones, S&P 500, and Nasdaq all recording declines. Asian markets were mixed, with gains in Japan and China but losses in Australia and India. European markets were up, with increases in the STOXX 50, DAX, and CAC. Gold hit a record high, while U.S. futures indicated a positive opening. Economic data showed a slight increase in the Chicago Fed National Activity Index and a drop in new home sales.

Portfolio Pulse from Akanksha Bakshi

March 26, 2024 | 11:11 am

DADA

Dada Nexus shares are trading lower following the company's report of Q4 earnings per share (EPS) and revenues that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:10 am

IVVD

Invivyd's stock (IVVD) experienced a price increase following an upgrade by Morgan Stanley from Equal-Weight to Overweight, with a revised price target from $4 to $10.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:07 am

BA

GE

SPR

Boeing Company (NYSE:BA) is reportedly seeking a new CEO from outside the company to lead through its current challenges, including the 737 MAX crisis. Dave Calhoun is set to resign by the end of 2024. The search for a successor is focused on candidates who can address safety improvements, quality concerns, and rebuild trust. Potential candidates include Larry Culp of General Electric Co (NYSE:GE) and Pat Shanahan of Spirit Aerosystems Holdings Inc (NYSE:SPR). Boeing's shares rose 0.56% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 26, 2024 | 11:06 am

RDDT

Reddit shares are experiencing an increase in their trading value due to volatility following their Initial Public Offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:06 am

SOAR

Volato Group (AMEX:SOAR) reported a decrease in Q4 sales to $31.46M from $35.91M YoY and a significant increase in net loss to $(23.6)M from $(3.1)M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:06 am

BLUE

bluebird bio (NASDAQ:BLUE) reported Q4 sales of $7.80 million, missing the consensus estimate of $16.68 million by 53.24%. However, this represents a 7.70K% increase from the same period last year, where sales were $100.00 thousand.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:06 am

DNUT

MCD

Krispy Kreme's stock is trading higher following the announcement of an expanded partnership with McDonald's, which will see Krispy Kreme donuts being sold at McDonald's locations across the nation.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:05 am

BRAG

Bragg Gaming Group (NASDAQ:BRAG) reported Q4 sales of $25.20M, missing the $37.82M estimate by 33.37%, and marking a 1.18% decrease from the same period last year. The company also reported an operating loss of $(0.4)M.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:04 am

UPS

UPS shares are trading higher following the announcement of its 2026 financial targets, indicating positive investor sentiment towards the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 11:00 am