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These Analysts Slash Their Forecasts On GeneDx After Q4 Results
Benzinga· 2026-02-24 17:40
GeneDx Holdings Corp (NASDAQ:WGS) reported better-than-expected fourth-quarter financial results on Monday.GeneDx reported quarterly earnings of 14 cents per share which beat the analyst consensus estimate of 11 cents per share. The company reported quarterly sales of $120.989 million which beat the analyst consensus estimate of $120.407 million.GeneDx Holdings affirmed FY2026 sales guidance of $540.000 million to $555.000 million.GeneDx shares fell 6.1% to trade at $81.82 on Tuesday.These analysts made cha ...
Nasdaq Gains Over 1%; Keurig Dr Pepper Earnings Top Views - Allurion Technologies (NYSE:ALUR), DMC Glb (NASDAQ:BOOM)
Benzinga· 2026-02-24 17:38
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 400 points on Tuesday.The Dow traded up 0.84% to 49,213.73 while the NASDAQ surged 1.12% to 22,880.62. The S&P 500 also rose, gaining, 0.79% to 6,891.92.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsConsumer discretionary shares gained by 1.5% on Tuesday.In trading on Tuesday, energy stocks fell by 1%.Top HeadlineKeurig Dr Pepper Inc. (NASDAQ:KDP) re ...
Nasdaq Gains Over 1%; Keurig Dr Pepper Earnings Top Views
Benzinga· 2026-02-24 17:38
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 400 points on Tuesday.The Dow traded up 0.84% to 49,213.73 while the NASDAQ surged 1.12% to 22,880.62. The S&P 500 also rose, gaining, 0.79% to 6,891.92.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsConsumer discretionary shares gained by 1.5% on Tuesday.In trading on Tuesday, energy stocks fell by 1%.Top HeadlineKeurig Dr Pepper Inc. (NASDAQ:KDP) re ...
Nio Blitzes SUV Market: Flagship ES9, Onvo L80 Set For May Launch - NIO (NYSE:NIO)
Benzinga· 2026-02-24 17:37
Qin Lihong, co-founder and president of the automaker, outlined the company's near-term product strategy during a recent community event, CnEV Post reports.He shared timelines covering both the core Nio lineup and its Onvo sub-brand.Upcoming Flagship SUV PlansThe executive said Nio will host a dedicated product and technology showcase around April 10 for its ES9 SUV, the report adds.Management expects the model to reach showrooms later in May, with pricing revealed during the launch period. Deliveries shoul ...
Microsoft, Starlink Join Forces To Close Global Digital Divide With Orbital AI Access
Benzinga· 2026-02-24 17:34
Microsoft Surpasses Connectivity Goal, Shifts To AI AdoptionMicrosoft said it met — and surpassed — its 2022 commitment to expand internet access to 250 million people by the end of 2025, reporting that it has now extended connectivity coverage to more than 299 million people worldwide, including more than 124 million across Africa.The company said it is now moving beyond basic coverage to focus on adoption and long-term participation in the AI economy.Microsoft noted 2.2 billion people remain offline, whil ...
Golden Dome Winners: Stocks on the Pentagon's SHIELD Vendor List
Benzinga· 2026-02-24 17:21
The Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) contract is the $151 billion backbone of the Pentagon's Golden Dome initiative. Often compared to a modern-day Star Wars program, the Golden Dome aims to create an impenetrable, multi-layered defensive canopy over the United States to intercept everything from traditional ballistic missiles to next-generation hypersonic threats.PLTR stock is moving. See the chart and price action here. To achieve this level of scale, the Missile Defense Ag ...
Made In Texas: Why Apple Is Moving Mac Mini Production To Houston - Apple (NASDAQ:AAPL)
Benzinga· 2026-02-24 17:12
Apple Inc. (NASDAQ:AAPL) shares are slightly up on Tuesday as the company is expanding its manufacturing operations in the U.S.This move follows the announcement of a new facility in Houston, Texas, which will produce the Mac mini.The Wall Street Journal reported the development, with the iPhone maker later confirming it.Domestic Manufacturing BoostTim Cook, Apple’s CEO, emphasized the company’s dedication to creating “thousands of jobs” and advancing manufacturing skills in the region.“We began shipping ad ...
Larimar Therapeutics (LRMR) Surges On FDA Breakthrough Therapy Designation
Benzinga· 2026-02-24 17:12
The designation covers adults and children with the rare disease and was based on data from an ongoing open-label study. Here’s what investors need to know.Larimar Therapeutics shares are climbing with conviction. What’s driving LRMR stock higher?FDA Grants Breakthrough Therapy StatusBreakthrough Therapy status is designed to speed development of drugs that may improve outcomes over current therapies for serious conditions. Larimar reported that FDA communications following a recent START program meeting su ...
Citron Research Shorts SanDisk, Claims NAND Cycle Is Peaking - SanDisk (NASDAQ:SNDK)
Benzinga· 2026-02-24 17:06
SanDisk Corp (NASDAQ:SNDK) is in the crosshairs of Andrew Left’s Citron Research, which on Tuesday announced a short position in the memory storage company.They argued that the NAND cycle is approaching a peak just as Samsung Electronics Co Ltd (OTCPK: SSNLF) escalates competition in the premium Solid-State Drive segment.Citron Flags Western Digital’s Exit As A Warning SignIn its note, Citron pointed to a significant move by SanDisk’s former parent, Western Digital Corp (NASDAQ:WDC) , as a key tell.Western ...
Stripe Announces Tender Offer At $159B Valuation
Benzinga· 2026-02-24 17:05
Stripe has secured agreements with investors to provide liquidity to its employees through a tender offer, valuing the company at $159 billion.Investors such as Thrive Capital, Coatue, and a16z are contributing to this effort, with Stripe also using some of its own capital to buy back shares, the company announcement stated.“After a decade of partnership and seeing their work up close, we believe Stripe has built the premiere financial infrastructure stack for the internet economy, relied on by the fastest ...