Streetbeat News

Earnings

ASML

NVDA

SMCI

TSM

Nvidia Corporation (NVDA), ASML Holdings N.V. (ASML), and Taiwan Semiconductor Manufacturing Company Ltd. (TSM) shares are trading lower due to disappointing earnings from ASML and a reduced outlook from TSMC, impacting the semiconductor sector. Super Micro Computer, Inc. (SMCI) shares also fell sharply after not providing preliminary estimates for its third-quarter earnings, raising concerns about its financial results. Nvidia's stock has significantly outperformed its historical averages despite recent losses.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 7:03 pm

MPW

Medical Properties Trust (NYSE:MPW) has seen a balanced mix of bullish and bearish options trading activity, with significant investors targeting a price range of $1.0 to $5.0 over the next three months. The stock is currently down by -7.23% at $4.49, with an anticipated earnings release in 14 days. Analysts have given mixed ratings with an average target price of $4.83. The options trading activity includes both puts and calls, with the largest trades indicating a diverse sentiment among investors.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:02 pm

16 analysts have recently updated their ratings on Dynatrace (NYSE:DT), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $64.38, up from $61.90, indicating a positive outlook. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their response to Dynatrace's market performance and financials. Dynatrace, a cloud-native company, has shown strong financials with a revenue growth rate of 22.74% and an exceptional net margin of 11.69%, although its ROE is below industry averages.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:00 pm

GILD

In the last three months, 12 analysts have provided diverse ratings on Gilead Sciences (NASDAQ:GILD), with a recent average price target of $84.42, marking a 5.15% decrease from the previous $89.00. The ratings range from bullish to bearish, reflecting varied perspectives on the company's performance. Gilead Sciences, known for its life-threatening infectious disease therapies, faces financial challenges with a -3.72% revenue decline and below-average profitability metrics. Analysts' adjustments in ratings and price targets highlight the evolving market sentiment towards Gilead's stock.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:00 pm

ASML

SMCI

TSM

Super Micro Computer, Inc. (NASDAQ:SMCI) stock fell after announcing its Q3 earnings release date without preliminary estimates, raising concerns of poor financial results. The tech sector's weakness, highlighted by ASML's disappointing earnings and TSM's lowered outlook, also pressured semiconductor stocks. SMCI is expected to report earnings of $5.84 per share and revenue of $4.012 billion. Despite the drop, SMCI has an average 1-year price target of $991.93, indicating a potential upside.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 6:48 pm

DIA

NFLX

PARA

QQQ

SMCI

SMH

SPY

U.S. stocks are on track for another week of losses, with the Nasdaq 100 facing its worst week since late 2022 and the S&P 500 nearing a 6-day slide. Semiconductor stocks, tracked by the VanEck Semiconductor ETF, are significantly down. Geopolitical tensions and interest rate concerns are affecting investor sentiment. Gold prices surged, while Bitcoin saw a modest increase. Major ETFs like SPY, DIA, and QQQ showed mixed performance. Companies like Paramount Global, Super Micro Computer, and Netflix experienced notable stock movements due to various factors.

Portfolio Pulse from Piero Cingari

April 19, 2024 | 6:37 pm

AULT

MCB

NFLX

PARA

SMCI

U.S. stocks showed mixed performance with the Dow Jones rising and NASDAQ falling. Utilities shares led gains, while information technology shares dropped. Active U.S. oil rigs increased, as reported by Baker Hughes Inc. Ault Alliance, Metropolitan Bank Holding Corp., and Paramount Global saw significant stock increases, while Super Micro Computer, Netflix, and O-I Glass experienced declines. Oil and gold prices rose, alongside silver and copper.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 6:33 pm

ELF

e.l.f. Beauty shares are trading lower after initially gaining on Thursday in sympathy with L'Oreal's positive earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:31 pm

VFS

VinFast Auto's shares are trading lower due to continued weakness after the company's recent Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:30 pm

ASML

ASML Holding shares are trading lower due to continued weakness following the company's recent earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:13 pm