Benzinga, founded in 2010 by Jason Raznick and headquartered in Detroit, Michigan, is a dynamic financial media and technology company dedicated to empowering individual investors with timely, actionable insights. Initially launched from Raznick’s basement with a modest $10,000 investment, the company has grown into a trusted resource, attracting approximately 25 million monthly readers through its innovative blend of real-time financial news, market analysis, and trading tools.
SanDisk accelerates a shift toward multi-year supply agreements to lock in demand and improve revenue visibility. The company has already signed five long-term deals, signaling a strategic pivot amid strengthening NAND market conditions.
The S&P 500 surged 1.02% on Thursday to close at a record 7,209.01, marking its first-ever close above the 7,200 level and capping its strongest monthly performance since 2020.
Twilio Inc (NYSE: TWLO) reported strong Q1 results and raised future sales guidance above estimates, causing shares to jump 20.6% in pre-market trading. Other gainers include CUE, SST, AKAN, XXII, SDOT, TEAM, ISPC, and FIVN, while BAFN, RBLX, SKBL, and RNTX were among the losers.
SOBR Safe shares jumped 33.7% after hours after announcing a merger with Clean World Ventures, a clean energy firm, while reporting weak Q1 results and outlining a strategic pivot toward green hydrogen and energy systems.
The CNN Business Fear & Greed Index is a measure of market sentiment, with higher fear affecting stock prices negatively and higher greed positively. It is calculated using seven indicators and currently stands at 66.6, in the Greed zone.
Beyond Meat Inc. shares surged in after-hours trading, rising 4.80% to $1.03 after a sharp 20.70% intraday rally, as investors positioned ahead of the company's May 6 earnings release amid ongoing volatility near its 52-week low.
The Senate unanimously passed on Thursday a resolution introduced by Sen. Bernie Moreno (R-Ohio) that bans Senators, Officers, and staff from participating in prediction markets.
Leading cryptocurrencies moved sideways, while stocks rallied to record highs on Thursday as investors digested the U.S. economy’s first-quarter growth that fell short of forecasts.
A 6x EV/EBITDA multiple. A chip business worth $9 to $13 billion that's currently valued at zero. A revenue mix flip happening at next Q1 earnings. The math doesn't reconcile.
