Streetbeat News

Earnings

AMD

AVGO

INTC

NVDA

QCOM

QQQ

VOO

AI chip stocks including Nvidia, AMD, Broadcom, and Qualcomm are rebounding after a selloff due to geopolitical tensions and poor Big Tech earnings. Nvidia supplier SK Hynix reported record profits, and China’s subsidies for new energy vehicles and consumer electronics are providing additional support. Analyst Christopher Rolland maintained a Positive rating on AMD with a $200 price target, citing potential gains in server CPU revenue and enterprise adoption. Investors can also gain exposure through ETFs like Vanguard S&P 500 ETF and Invesco QQQ Trust.

Portfolio Pulse from Anusuya Lahiri

July 26, 2024 | 3:49 pm

PEAK

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

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:47 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) shares are trending as the company is set to release its 2024 fiscal year fourth quarter earnings on Tuesday. Analysts estimate EPS of $2.93 and revenue of $64.35 billion. Piper Sandler analyst Brent Bracelin reiterated an Overweight rating and raised the price target from $465 to $485.

Portfolio Pulse from Dylan Berman

July 26, 2024 | 3:44 pm

AAPL

AMZN

BTC

GOOG

ITA

IWM

LHX

LMT

META

MSFT

NVDA

QQQ

RTX

SPY

TSLA

The article discusses the positive outlook for defense stocks regardless of the election outcome, with RTX, LMT, and LHX showing strong performance. It also highlights the mixed performance of tech stocks and the potential impact of Trump's support for Bitcoin. Additionally, it provides insights into personal income and spending data, and the importance of maintaining a balanced investment strategy.

Portfolio Pulse from The Arora Report

July 26, 2024 | 3:30 pm

ASTS

PTF

T

UFO

VZ

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading higher, having gained over 368% in the past year. The company will hold a quarterly business update on August 14 and has completed its first five commercial satellites, ready for shipment. AST SpaceMobile has strategic partnerships with Verizon (NYSE:VZ) and AT&T (NYSE:T).

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2024 | 3:27 pm

SAM

Boston Beer Company (NYSE:SAM) shares rose by 4.93% after Q2 results. Analysts from Goldman Sachs, RBC Capital Markets, and Piper Sandler cut their price targets but maintained their ratings. Key issues include lower-than-expected earnings, softer depletions, and higher costs. However, Hard Mountain Dew remains a potential future catalyst.

Portfolio Pulse from Priya Nigam

July 26, 2024 | 3:23 pm

COIN

MSTR

RIOT

MicroStrategy, Inc. (MSTR) stock is moving higher on Friday due to a rise in Bitcoin's price above $67,000. Other crypto-linked stocks like Riot Platforms, Inc. (RIOT) and Coinbase Global, Inc. (COIN) are also seeing gains. MicroStrategy is trading at $1,758, significantly above its 50-day moving average of $1,529. The company is expected to report earnings on Thursday, with analysts predicting a loss of $1.10 per share and revenue of $122.60 million.

Portfolio Pulse from Dylan Berman

July 26, 2024 | 3:21 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for July 26th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key support and resistance levels for each stock, offering potential bullish and bearish scenarios. The session's direction will be influenced by the release of the Core PCE Deflator, University of Michigan Sentiment, and Kansas City Fed Services Activity report, along with the expiration of weekly options.

Portfolio Pulse from RIPS

July 26, 2024 | 3:19 pm

SSNC

SS&C Technologies shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 guidance. Multiple firms also raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:15 pm

EW

Edward Lifesciences shares are trading higher, slightly rebounding after falling due to mixed Q3 results and weak guidance. Goldman Sachs maintained a Buy rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:14 pm