Streetbeat News

Earnings

AMZN

TSLA

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are experiencing a bullish trend, with Bitcoin nearing $70,000 and Ethereum potentially rising to $3,300. Stock futures are also up, with major companies like Tesla and Amazon set to report earnings.

Portfolio Pulse from Aniket Verma

October 21, 2024 | 2:16 am

CLSK

IONQ

LBPH

OKLO

TDS

WOLF

WVE

Several mid-cap stocks experienced significant gains last week. Oklo Inc. surged due to Amazon's investment in nuclear power. Wave Life Sciences saw a jump after successful RNA editing trials. Longboard Pharmaceuticals rose on acquisition news. Wolfspeed gained from potential CHIPS Act funding. CleanSpark benefited from Bitcoin's rise. Telephone and Data Systems increased after selling spectrum licenses. IonQ's shares rose ahead of its earnings report.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 9:22 pm

ASML

CNC

CVS

ELV

ERIE

KLAC

LRCX

MOH

NIO

PDD

Several large-cap stocks experienced significant declines last week, including NIO, ASML, and CVS Health. Factors such as China's export data, earnings reports, and guidance revisions contributed to these losses.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 8:04 pm

COIN

OWL

SNA

SOFI

TRV

UAL

Coinbase, United Airlines, and SoFi Technologies were among the top large-cap gainers last week. Coinbase surged due to Bitcoin's rise, United Airlines on strong earnings and a buyback program, and SoFi on a new loan platform agreement.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 7:17 pm

IVV

SPY

Economist David Rosenberg, known for predicting the 2008 crash, warns of a 'mega-bubble' in the stock market, suggesting the S&P 500 is overvalued by at least 25%. He advises against chasing momentum and highlights economic weaknesses. Investors can track the S&P 500 through ETFs like SPDR S&P 500 (SPY) and iShares Core S&P 500 ETF (IVV).

Portfolio Pulse from Erica Kollmann

October 20, 2024 | 5:00 pm

Boeing has reached a tentative agreement with the International Association of Machinists and Aerospace Workers to end a five-week strike. The deal includes wage increases, retirement benefits, and a ratification bonus. The strike has cost Boeing approximately $1 billion per month and disrupted aircraft production. The union will vote on the proposal on Wednesday.

Portfolio Pulse from Nabaparna Bhattacharya

October 19, 2024 | 5:38 pm

AAPL

MRNA

NFLX

OKLO

TSLA

Benzinga highlights recent stock market trends and company news, including Apple's record iPhone sales, Oklo's rise on a Google nuclear deal, and meme coins' rapid valuation growth. Meanwhile, Moderna faces a lawsuit, and Tesla encounters new competition from a Chinese EV maker.

Portfolio Pulse from Michael Cohen

October 19, 2024 | 1:00 pm

OVLY

Oak Valley (NASDAQ:OVLY) reported Q3 earnings per share of $0.89, which is the same as the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:46 pm

NSRGY

Procter & Gamble (P&G) reported a 1% drop in net sales for its fiscal 2025 first quarter, missing sales and net income estimates but exceeding adjusted profit estimates. Organic revenue grew 2% due to higher prices, but volume remained flat. P&G's volume grew in the U.S. but declined in China, particularly in hair and oral care. The company reiterated its fiscal 2025 guidance but faces challenges in both the U.S. and Chinese markets. Nestle also reported weak demand and adjusted its corporate structure.

Portfolio Pulse from Upwallstreet

October 18, 2024 | 9:54 pm

PMAX

Powell Max (NASDAQ:PMAX) reported quarterly earnings of $0.01 per share and $2.91 million in sales for H1 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:27 pm