Streetbeat News

Earnings

LASE

LUNR

MWG

SPPL

STI

In Monday's pre-market session, Intuitive Machines (LUNR) led the gainers with a 23.6% increase, while Solidion Technology (STI) saw the largest decline at 14.5%. Other notable movers include Simpple (SPPL), Multi Ways Holdings (MWG), and Laser Photonics (LASE), which reported earnings recently.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 12:05 pm

FCUV

MDB

MRVL

OCFT

SGE

In Monday's pre-market session, several information technology stocks experienced significant movements. Focus Universal (FCUV) saw a 73.3% increase, while MongoDB (MDB) rose by 18.22% following its Q2 earnings release. Marvell Tech (MRVL) also gained 11.59% after its Q2 earnings. On the downside, Strong Global (SGE) decreased by 10.1%, and OneConnect Financial Tech (OCFT) fell by 8.53%.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 12:05 pm

INTC

NVDA

Intel CEO Pat Gelsinger plans to present a major asset sale and cost-cutting strategy to the board, including halting a $32 billion German project. The plan aims to address Intel's financial struggles, including weak earnings and declining market cap.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 11:03 am

AAPL

Apple CEO Tim Cook attended the Venice Film Festival to promote Apple TV+ series 'Disclaimer' and mingled with Hollywood stars. Despite retirement rumors, Cook continues to lead Apple successfully, with recent earnings exceeding expectations.

Portfolio Pulse from Ananya Gairola

September 02, 2024 | 7:31 am

AAPL

AMZN

NVDA

This week in AI, Apple is considering investing in OpenAI, potentially valuing it at over $100 billion. Amazon's AI assistant has significantly improved software upgrade efficiency. Nvidia is expected to have strong near-term business despite potential Blackwell delays. Concerns were raised about the US's AI warfare preparedness.

Portfolio Pulse from Benzinga Neuro

September 01, 2024 | 1:01 pm

The past week in economics featured Peter Schiff's warning about potential Federal Reserve missteps, JD Vance's critique of Kamala Harris over a Chinese battery plant, and Dollar General's financial struggles due to strained lower-income consumers.

Portfolio Pulse from Benzinga Neuro

September 01, 2024 | 10:02 am

CRWD

FTNT

INTC

SBUX

SMCI

SPY

In August, the S&P 500 Index saw a recovery, gaining 2.28% by the end of the month. Notable gainers included cybersecurity firms CrowdStrike and Fortinet, while Super Micro Computer and Intel were among the top losers. The SPDR S&P 500 ETF Trust (SPY) also saw a slight increase.

Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 7:55 pm

DJT

Insiders at Trump Media & Technology Group's Truth Social are selling shares, raising concerns about the company's future. The stock, trading under NASDAQ:DJT, has dropped significantly since its initial valuation. Donald Trump, holding a large stake, is unable to sell until September 25 due to a lock-up period. The company's financial struggles and insider sales could lead to further stock instability.

Portfolio Pulse from Bibhu Pattnaik

August 31, 2024 | 7:48 pm

DLTR

TGT

WMT

Dollar General reported disappointing Q2 results, missing revenue and EPS estimates, and lowered its full-year guidance, potentially losing market share to Walmart and Target. Walmart and Target both exceeded expectations and are gaining market share. Dollar Tree's upcoming earnings report will reveal if it faces similar challenges.

Portfolio Pulse from Chris Katje

August 31, 2024 | 2:31 pm

BYDDY

LCID

RIVN

TSLA

XPEV

The EV sector saw mixed results this week with Tesla extending its zero-interest financing in China, Rivian facing a fire incident, and XPeng surging due to strong demand for its new model. Lucid is working on affordable EVs, and BYD plans to expand internationally.

Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 1:33 pm