Streetbeat News

Earnings

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) is set to report its first-quarter earnings with Wall Street expecting 90 cents in EPS and $904.66 million in revenues. The stock has seen a surge in options trading, indicating high market interest. Despite bullish analyst ratings and a long-term bullish signal, technical charts show bearish momentum in the short term.

Portfolio Pulse from Surbhi Jain

June 04, 2024 | 12:44 pm

DCI

EVX

RNEW

Donaldson Company, Inc. (NYSE:DCI) shares are trading higher premarket after reporting strong Q3 FY24 results and raising EPS guidance. Sales increased by 6.0% Y/Y to $927.9 million, beating expectations. The company also raised its FY24 EPS forecast and announced an 8% increase in its quarterly dividend.

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 12:38 pm

ANNX

VKTX

Market-Moving News for June 4th includes significant developments for Axos Financial, Viking Therapeutics, and Annexon. Axos Financial faces scrutiny from Hindenburg Research, Viking Therapeutics reports positive Phase 2B study results, and Annexon announces successful Phase 3 trial results.

Portfolio Pulse from ryanfaloona@benzinga.com

June 04, 2024 | 12:37 pm

VLGEA

Village Super Market (NASDAQ:VLGEA) reported Q3 earnings per share (EPS) of $0.60, a 20% decrease from $0.75 YoY, while sales increased by 3.23% to $546.37 million from $529.29 million YoY.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:33 pm

WULF

TeraWulf Inc. (NASDAQ:WULF) announced its May 2024 production and operations update, highlighting the mining of 186 Bitcoin, an 82% year-over-year increase in self-mining capacity to 8.0 EH/s, and advancements in their AI/HPC digital infrastructure pilot.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:21 pm

AMC

BBWI

DBI

HDB

IBN

LOT

NVT

PHAR

SBSW

Several major stocks, including Bath & Body Works, Designer Brands, and others, are experiencing declines in Tuesday's pre-market trading. Bath & Body Works reported better-than-expected earnings but still saw a significant drop in share price.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 12:21 pm

CTRN

Citi Trends, Inc. (NASDAQ:CTRN) shares are trading lower after reporting mixed Q1 results and revising its FY24 outlook. The company reported a 3.7% increase in quarterly sales to $186.3 million, missing Wall Street's estimate of $187.37 million. Despite a narrower adjusted EBITDA loss and better-than-expected adjusted loss per share, the company lowered its FY24 comparable store sales outlook. CTRN shares are down 3.65% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

June 04, 2024 | 12:15 pm

AAPL

NVDA

Nvidia's market cap is nearing $3 trillion, driven by its leadership in AI technology, while Apple remains slightly ahead. Gene Munster of Deepwater Asset Management suggests Apple could generate better returns over the next year due to its AI potential, despite a possible short-term dip following the Worldwide Developer Conference keynote.

Portfolio Pulse from Shanthi Rexaline

June 04, 2024 | 12:13 pm

CUE

Cue Biopharma presented updated data from its Phase 1 trial of CUE-101 in recurrent/metastatic HPV+ head and neck cancer at ASCO 2024. The trial showed a 46% overall response rate and a 12-month overall survival rate of 96% in first-line treatment with CUE-101 and KEYTRUDA. Median overall survival in second-line treatment with CUE-101 monotherapy was 20.8 months, significantly higher than historical data.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:10 pm

CTRN

DBI

LOT

TOUR

The article highlights the pre-market movements of several consumer discretionary stocks on Tuesday. Notable gainers include Tuniu (TOUR), China Liberal Education (CLEU), Lixiang Education (LXEH), XPEL (XPEL), Kidpik (PIK), and E-Home Household Service (EJH). On the losing side, Boqii Holding (BQ), Four Seasons Education (FEDU), Citi Trends (CTRN), Designer Brands (DBI), Lotus Technology (LOT), and Color Star Tech (ADD) saw declines. Q1 earnings reports were a significant factor for some stocks.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 12:06 pm