Streetbeat News

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Top Wall Street analysts with high accuracy rates have made recent stock picks, including Amazon, Intel, Universal Stainless & Alloy Products, Eagle Materials, and Perdoceo Education. These analysts have provided updated ratings and price targets based on recent financial results.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 11:53 am

TWKS

Thoughtworks Holdings shares are trading higher after the company reported better-than-expected Q2 sales results and announced it agreed to be taken private by Apax Funds.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:52 am

AAPL

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BTCUSD

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QQQ

SPY

The stock market is set to open sharply lower on Monday due to negative sentiment from last week. Nasdaq 100 futures are down over 4%, and the VIX has spiked over 100%. Berkshire Hathaway has trimmed its equity portfolio, including selling nearly half of its Apple shares. Tech stocks, particularly Nvidia, are showing notable weakness. Bitcoin has also plunged over 15%. The global sell-off is driven by recession fears and the unwinding of yen carry trades.

Portfolio Pulse from Shanthi Rexaline

August 05, 2024 | 11:51 am

AMR

Alpha Metallurgical Resources reported a Q2 adjusted EBITDA of $116 million, down from $189.6 million a year ago.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:34 am

AMR

Alpha Metallurgical Resources reported selling 4.6 million tons of coal in Q2.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:33 am

TSN

Tyson shares are trading higher following better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:31 am

AMR

Alpha Metallurgical reported Q2 2024 GAAP EPS of $4.49, beating the estimate of $3.74. Sales were $803.969 million, surpassing the estimate of $733.050 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:31 am

TSN

Tyson Foods (NYSE:TSN) reported Q3 2024 adjusted EPS of $0.87, beating the estimate of $0.65 by 33.85%. Sales were $13.353 billion, surpassing the $13.236 billion estimate and showing a 1.62% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:30 am

TWKS

Thoughtworks Holding reported Q2 2024 adjusted EPS of $(0.03), missing the estimate of $0.00. However, sales came in at $251.671 million, slightly beating the estimate of $251.312 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:21 am

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TSLA

Tesla CEO Elon Musk acknowledges that lower-priced EVs from rival automakers are a problem but believes it is a short-term issue. Ford, for example, has been selling its Mustang Mach-E at a lower price than Tesla's Model Y, resulting in significant losses for Ford's EV segment. Tesla plans to introduce more affordable vehicles starting in the first half of 2025.

Portfolio Pulse from Anan Ashraf

August 05, 2024 | 11:12 am