Streetbeat News

Earnings

LSB

LakeShore Biopharma shares are trading higher following the release of their FY24 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:19 pm

FIHL

Fidelis Insurance shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:17 pm

SXTP

60 Degrees Pharmaceuticals shares are trading higher following the company's announcement of a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:15 pm

BFRI

Biofrontera shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:14 pm

CMG

SBUX

WMT

YUM

Starbucks' stock surged by 20%, adding over $15 billion in valuation, following the announcement of Brian Niccol as the new CEO. Niccol, previously CEO of Chipotle and Taco Bell, has a net worth of over $300 million. He will receive $85 million in cash and stock from Starbucks.

Portfolio Pulse from Aaron Bry

August 15, 2024 | 2:13 pm

SLNH

Soluna shares are trading higher after the company reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:11 pm

NXGL

NexGel shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:09 pm

DE

Deere & Co. (DE) executives report muted demand across all major markets due to a challenging macro environment, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:09 pm

ABG

BBWI

BURL

DECK

DKS

FIVE

GPS

HBI

ROST

W

WMT

WSM

Shares of companies in the retail and consumer discretionary sector are trading higher following stronger-than-expected retail sales data and strong earnings from Walmart.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:54 pm

ITHUF

iAnthus Capital Holdings, Inc. (OTCQB: ITHUF) reported a strong Q2 2024 with a revenue increase of 11.1% YoY and a significant reduction in net loss. The company also improved its working capital deficit and reported a sequential increase in gross profit and adjusted EBITDA. iAnthus remains a going concern and expects to generate positive cash flow from operations in the near future. The stock closed 41.51% higher at $0.015 per share.

Portfolio Pulse from Nina Zdinjak

August 15, 2024 | 1:51 pm