Streetbeat News

Earnings

HALO

Halozyme Therapeutics shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:58 pm

AAPL

AMZN

MSFT

NVDA

QQQ

QQQM

XLK

Apple retains its $3 trillion market cap despite market volatility, while Nvidia falls short. The tech sector faces a sell-off, with major players like Microsoft and Amazon also experiencing significant losses. ETFs like QQQ and QQQM are impacted.

Portfolio Pulse from Surbhi Jain

August 07, 2024 | 2:47 pm

SUPN

Supernus Pharmaceuticals 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 07, 2024 | 2:44 pm

VTOL

MathewBristow Group shares are trading higher after the company reported better-than-expected Q2 financial results and raised its adjusted EBITDA guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:44 pm

TMCI

Treace Medical Concepts shares are trading lower after the company reported worse-than-expected Q2 EPS results. Additionally, Truist Securities lowered its price target on the stock from $9 to $7.5.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:43 pm

IAC

IAC shares are trading higher after the company reported better-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:41 pm

LILAK

Liberty Latin America shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:40 pm

ADTX

DIS

GTHX

RR

SCPX

TLIS

XPON

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all posting gains. Walt Disney Co reported better-than-expected earnings, while shares of Aditxt, G1 Therapeutics, and Richtech Robotics surged. Scorpius Holdings, Expion360, and Talis Biomedical saw significant declines.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 2:38 pm

MASI

Masimo shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates. Piper Sandler maintained an Overweight rating on the stock and raised its price target from $160 to $165.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:36 pm

VVV

Valvoline shares are trading lower after the company reported worse-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:34 pm