[ad_1] by Lisa Levin, Benzinga Editor June 2, 2023 6:44 AM | 1 min read SentinelOne, Inc. S shares tumbled 36.3% to $13.20 in pre-market after the company reported worse-than-expected first-quarter sales and issued weak second-quarter guidance. Elastic N.V. ESTC declined 9.3% to $65.00 in pre-market trading after the company reported fourth-quarter results and issued weak earnings forecast for the first quarter. ChargePoint Holdings, Inc. CHPT shares dropped 4% to $9.36 in pre-market trading after the company reported first-quarter results and issued weak sales guidance for the current quarter. Ginkgo Bioworks Holdings, Inc. DNA shares fell 3.6% to $1.62…
Author: Sanjayananda
[ad_1] Biopharma company Ocean Biomedical, Inc. (NASDAQ: OCEA) on Thursday revealed that Taglich Brothers initiated coverage on the company with a share price target of $20. In an equity analyst coverage report, Taglich Brothers said the target price implies that the shares could appreciate nearly four-fold over the next twelve months. “We are honored to see independent institutional research analyst coverage recognizing the strength of our diverse programs in oncology, fibrosis, and infectious disease, which we are hopeful may someday have a large impact in multiple disease populations,” commented Dr. Chirinjeev Kathuria, co-founder and executive chairman of the company. Ocean…
[ad_1] Bitcoin (BTC) has been on a rollercoaster ride for weeks. However, the largest cryptocurrency in the market seems poised to breach the $30,000 mark again if it continues its bullish momentum. Nevertheless, cryptocurrency experts are eyeing a key technical price level that could signal further volatility for the world’s most popular cryptocurrency. According to crypto expert and Economist Mr. Ben Lilly, the $24,000 price level is acting like a bullseye for Bitcoin, signaling a potential price dip in the coming months. Lilly’s analysis is based on Bitcoin’s 200-day moving average (200d MA), which he believes is a key technical…
[ad_1] The logo of Nvidia seen at its corporate headquarters in Santa Clara, California, May 2022.Nvidia | via ReutersCheck out the companies making headlines after hours.Nvidia — Nvidia shares surged 19% in extended trading. The chipmaker gave stronger-than-expected revenue guidance for the fiscal second quarter, while also reporting beats on the top and bottom lines in its fiscal first quarter. The stock has already more than doubled this year.related investing newsSnowflake — Snowflake tumbled 11% after hours. The cloud computing company gave weaker-than-expected second-quarter product revenue guidance, according to StreetAccount. Snowflake beat analysts’ expectations for earnings and revenue in the…
[ad_1] Day trading is a popular way for investors to make money in the stock market. However, many people are hesitant to try day trading because they believe it is too slow or that they need to have a lot of experience to be successful. Fortunately, there are strategies like the AutoPilot strategy that can make day trading less intimidating and more profitable. The AutoPilot trading system is a day trading technique that relies on computer algorithms to make trades automatically. AutoPilot trades occur during specific periods of the day. When it comes to trading, there are inherent risks involved.…
[ad_1] Asana, Inc. ASAN reported a Q1 FY24 revenue growth of 26% Y/Y to $152.4 million, beating the consensus of $150.6 million. The number of customers spending $5,000 or more, on an annualized basis, grew 19% Y/Y to 19,864. Revenues from these customers rose 32% Y/Y. The number of customers spending $100,000 or more, on an annualized basis, was up 31% Y/Y to 510. Overall dollar-based net retention rate stood at over 110%. Non-GAAP operating loss improved to $(22.3) million from an operating loss of $(54.7) million a year ago. Non-GAAP EPS loss came in at $(0.09), an improvement from $(0.30)…
[ad_1] Litecoin could be single-handedly be saving the crypto market from further catastrophe. If an ongoing bullish breakout attempt is successful, it could revitalize cryptocurrency bulls across all assets. Why LTCUSD Is Poised To Lift The Crypto Market Back in early 2019, LTCUSD would often lead Bitcoin rallies. If Litecoin was pumping, you could be sure that BTC was about to follow. At no point was this more obvious than ahead of Litecoin’s halving, which was nearly a year ahead of its bigger brother’s. LTC outperformed BTC by a ratio of roughly two to one. However, the coin has since…
[ad_1] The logo of Nvidia seen at its corporate headquarters in Santa Clara, California, May 2022.Nvidia | via ReutersCheck out the companies making the biggest moves in premarket trading Thursday.Nvidia — Shares soared 28% after the chipmaker reported blockbuster earnings. Nvidia said it expected a “giant record year” and guided for sales of $11 billion in the second quarter, more than 50% higher than analysts’ estimates.Best Buy — Shares of the electronics retailer gained nearly 5% in premarket trading after the company posted first-quarter earnings of $1.15 per share excluding items, topping the $1.11 expected by analysts, according to Refinitiv.…
[ad_1] U.S. stocks look set to extend their gains on Friday, as the budget bill cleared the Senate by a margin of 63-36 votes, paving the way for its enactment. With the debt limit impasse now behind, investors’ focus shifted to the June Federal Reserve rate decision. The non-farm payroll data for May, which has implications for the rate move, is due for release ahead of the market opening and will likely dictate the market mood in the session.Cues From Thursday’s Trading: Stocks gained significantly on Thursday, as traders cheered the passage of the budget bill by the House while ignoring some disappointing…
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