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Earnings

COST

GILD

MMC

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: Gilead Sciences, QuantumScape, Marsh & McLennan Corporation, ON Semiconductor, and Costco Wholesale Corporation. Key updates include Gilead's HIV treatment data, QuantumScape's earnings miss and liquidity update, Marsh & McLennan's acquisition, ON Semiconductor's earnings beat and supply agreement, and Costco's membership fee hike.

Portfolio Pulse from Chris Katje

August 02, 2024 | 4:09 pm

OEC

Orion S.A. shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY24 adjusted EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:04 pm

BBAI

BigBear.Ai shares are trading lower after the company reported worse-than-expected Q2 revenue results and cut its FY24 revenue guidance below estimates. Additionally, HC Wainwright & Co lowered its price target on the stock from $5 to $3.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:03 pm

INTT

InTest shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:02 pm

BIAF

GPAK

TNDM

VINE

VSEE

XCUR

U.S. stocks fell significantly with the Nasdaq Composite dropping 3% amid disappointing economic data. Nonfarm payrolls increased by 114,000 in July, below expectations, and the unemployment rate rose to 4.3%. Several stocks experienced notable price movements, including VSee Health, Exicure, Tandem Diabetes Care, bioAffinity Technologies, Gamer Pakistan, and Fresh Vine Wine.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 4:02 pm

FOXF

In the last three months, 4 analysts have published ratings on Fox Factory Holding Corp (NASDAQ:FOXF), with a mix of bullish and indifferent sentiments. The average 12-month price target has decreased by 2.88% to $50.5. Analysts have adjusted their ratings and price targets, reflecting evolving market conditions and company performance. Key financial indicators show challenges in revenue growth, net margin, ROE, and ROA, but a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 4:01 pm

FOXF

Fox Factory Holding shares are trading lower following the release of their Q2 financial results. Additionally, Truist Securities and Baird have both lowered their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:01 pm

AMZN

Amazon's Q2 earnings report showed mixed results, with strong growth in AWS but challenges in retail. Analysts have adjusted their price targets and ratings, reflecting both optimism in AWS and concerns about retail performance and future guidance.

Portfolio Pulse from Priya Nigam

August 02, 2024 | 4:01 pm

TROX

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

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 3:53 pm

ARCB

NRSH

XTN

ArcBest Corp (NASDAQ:ARCB) reported Q2 FY24 revenue of $1.08 billion, beating the consensus of $1.06 billion. Despite this, the stock plunged 10.9% due to a miss on adjusted EPS ($1.98 vs. $2.06 consensus) and declines in key metrics such as total tonnage and shipments per day. Investors can gain exposure to ArcBest through Tidal ETF Trust Aztlan North America Nearshoring Stock Selection ETF (NYSE:NRSH) and SPDR S&P Transportation ETF (NYSE:XTN).

Portfolio Pulse from Lekha Gupta

August 02, 2024 | 3:49 pm