Streetbeat News

Earnings

SAGE

Sage Therapeutics shares are trading lower after the company reported worse-than-expected Q2 financial results. Additionally, Piper Sandler lowered its price target on the stock from $70 to $52.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:55 pm

CMPS

Compass Pathways shares are trading lower after the company reported worse-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:54 pm

HLF

Herbalife shares are trading lower after the company reported worse-than-expected Q2 revenue results and lowered its FY24 revenue growth below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:54 pm

OBT

Orange Country Bancorp shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:54 pm

CODI

Compass Diversified shares are trading lower after the company reported worse-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:53 pm

EOLS

Evolus shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:49 pm

QCOM

Qualcomm Inc. (NASDAQ:QCOM) shares fell by 9.52% to $163.72 after releasing its fiscal third-quarter earnings. Despite beating revenue and EPS estimates, the company's guidance for the next quarter highlighted potential headwinds, including the revoking of its license to sell to Huawei. Analysts had mixed reactions, with some raising price targets and others expressing concerns over future guidance and Huawei's impact.

Portfolio Pulse from Vaishali Prayag

August 01, 2024 | 7:48 pm

ALGT

Allegiant Travel shares are trading lower after the company reported Q2 financial results and issued Q3 EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:47 pm

BIGC

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:46 pm

AAPL

AMD

AMZN

GOOGL

META

MSFT

NVDA

SBUX

TSLA

The article discusses potential buying opportunities in the stock market, focusing on the 'Magnificent Seven' stocks and other oversold stocks. It highlights a new screening method for identifying 'Cheap and Stable' stocks and mentions specific stocks like AMD and SBUX in relation to their recent performance and market conditions.

Portfolio Pulse from David Pinsen

August 01, 2024 | 7:41 pm