Happy Tuesday, Zingers! 2024’s market has been great overall, which means bulls have been eating. And by eating, I mean not eating. Weight loss drugs have been one of the biggest market drivers this year, potentially second only to AI. Look no further than Viking Therapeutics. Its shares shot up more than 120% after posting positive trial data for its Ozempic competitor.

I can’t wait to buy stock in the first company to make a weight loss drug developed by AI. No way that could go down, right?

Today’s Price Action:

$SPY: +.19%
$QQQ: +.24%
$DIA: -.27%

Also, looking to earn some extra money on the side without getting a new job? Check out today’s partner.

And, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.

TODAY’S MOST VOLATILE STOCKS

TODAY’S TOP STORY

Fake Meat Maker Goes Above And $BYND

Briefly: Speaking of losing weight: Beyond Meat, one of the leading artificial meat companies, reported strong earnings after the close today.

So Basically: Beyond reported higher-than-expected revenue of around $73 million, clearing the estimates by nearly 10%.

So Then: Despite a slight EPS miss, the stock shot higher by more than 50% in today’s after-hours session.

So What? “In 2023, Beyond Meat undertook extensive initiatives to reset the business toward sustainable operations and, ultimately, profitable growth. Much of this reset is now coming into view,” said CEO Ethan Brown.

What Next: Beyond Meat expects first-quarter revenue to be between $70 million and $75 million. The company expects full-year 2024 revenues to be between $315 million and $345 million.

Click here to read more

PRESENTED BY FINANCE BUZZ

9 Easy Ways To Get Money Without Getting A Job

There’s nothing to be ashamed of if you're living paycheck to paycheck or struggling to make ends meet.

But not all of us have the time or luxury of picking up another job to make extra cash. It's tiring to work so many hours for very little take home pay.

Thankfully, there's a few ways that you can make some money (and save some too) by not getting a job. If you're struggling financially, here are 6 insanely easy things you can do right now that could help.

FIVE MOVERS

Bumble lost a stinger after the close, following the dating company’s worse-than-expected earnings report. Read more here.

MicroStrategy stock moved higher today amid the strength in Bitcoin. The stock is more than 200% in the last year.

Google shares fell by more than 4% today as investors worry the company’s AI software isn’t on par with its competitors.

Domino’s Pizza shares got hit today on a downgrade from an analyst at JPMorgan. Here’s what’s going on.

Norwegian Cruise Line and other cruise line companies popped off today, trading up more than 20% after strong earnings and guidance.

ONE TRADE IDEA FOR TOMORROW

American Tower Outperforms In Q4: Eyes 5G And AI-Driven Future

Briefly: AT&T may be down and out. (Sorry. Couldn’t resist.) But one of the largest owners of cell phone towers in the country is doing just fine.

So Basically: American Tower ($AMT) reported strong earnings before the bell today, showing a sound balance sheet and growth.

So Then: The company reported fourth-quarter fiscal 2023 revenue growth of 3.0% year-on-year to $2.79 billion, beating the consensus estimate of $2.74 billion.

So What? CEO Steven Vondran said, “We delivered another year of solid results at American Tower […] with resilient performance in our international markets.”

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PRESENTED BY FINANCE BUZZ

5 Things To Try If You Need Extra Money This Month

You’ve got just enough money in your bank account to last until Friday … but then Monday rolls around, and you’re in the same situation. Again. Food. Bills. Rent. Gas. They dry up every bit of your take-home pay. 

But it doesn’t have to be this hard. With a few smart moves, you could supplement your income and afford that next vacation — without doing much extra “work,” or even getting a side job. Check out this FinanceBuzz article to find a solution and take control of your finances today.