Streetbeat News

Earnings

BMY

Whales have shown a predominantly bearish stance on Bristol-Myers Squibb (BMY), with options trading data revealing 80% bearish sentiment through puts totaling $525,443 versus calls at $29,800. The targeted price range is between $40.0 to $70.0. BMY's current market position shows a trading volume of 11,739,521, with a price decrease of -2.29%, and an RSI indicating potential oversold status. An earnings announcement is expected in 14 days.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:46 pm

MOTS

NRIX

OTRK

In Thursday's after-market session, several health care stocks showed significant movement. Ontrak, Ocuphire Pharma, and Lyell Immunopharma were among the top gainers, with Ontrak leading at an 18.7% increase. Conversely, Motus GI Holdings, Acorda Therapeutics, and Nurix Therapeutics were the top losers, with Motus GI Holdings experiencing a 32.6% decline. Notably, Nurix Therapeutics' drop was following their Q1 earnings report.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:31 pm

AGX

AZUL

CEAD

GWH

KITT

MNTS

NCNC

NMHI

PEGY

SGBX

TGLS

VLRS

In Thursday's after-market session, several industrials stocks saw significant movements. Argan, Pineapple Energy, Safe & Green Holdings, ESS Tech, Controladora Vuela, and Azul were among the gainers, with Argan leading after announcing Q4 earnings. On the downside, Nature's Miracle Holding, CEA Industries, Nauticus Robotics, Tecnoglass, noco-noco, and Momentus experienced declines, with Nature's Miracle Holding and CEA Industries facing the steepest drops.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 8:31 pm

AMD

ANET

DELL

LITE

MRVL

NVDA

SMCI

Nvidia Corp (NASDAQ:NVDA) is trading 13% below its five-year average, while other AI stocks are at a 52% premium. JPMorgan's analysis highlights Super Micro Computer, Dell Technologies, Lumentum Holdings, and Marvell Technologies as trading significantly above their long-term averages. The sector's overall premium may affect investor enthusiasm ahead of earnings, with Nvidia, AMD, and Arista Networks potentially offering better value.

Portfolio Pulse from Surbhi Jain

April 11, 2024 | 8:18 pm

DHT

DHT Holdings has updated its business outlook, estimating its Time Charter Equivalent (TCE) earnings at $50,900 per day for Q1. For Q2 2024, 42% of spot days are booked at $54,200 per day, and 54% of total revenue days are booked at $46,900 per day.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:17 pm

AGX

Argan shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:13 pm

APLD

Applied Digital's stock price declined following the announcement of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:10 pm

GTIM

Good Times Restaurants reported a mixed performance in its Q2 same store sales, with a 0.9% increase for its Good Times brand and a 3.2% decrease for its Bad Daddy's brand.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:07 pm

AGX

Argan (NYSE:AGX) reported Q4 earnings of $0.89 per share, surpassing the $0.75 estimate, and sales of $164.55M, exceeding the $161.60M estimate. This represents an 11% decrease in earnings per share but a 38.54% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:07 pm

APLD

Applied Digital (NASDAQ:APLD) reported Q3 earnings with a loss of $(0.24) per share, missing the $(0.10) estimate, and sales of $43.35M, missing the $51.92M estimate. This represents a significant decrease in earnings and an increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 8:06 pm