Streetbeat News

Earnings

BABA

Alibaba Gr Holding (NYSE:BABA) has seen unusual options activity, with a mix of bullish and bearish sentiments among big-money traders. The activity includes 50 uncommon trades, with 22 puts and 28 calls, indicating a price window from $60.0 to $220.0. The largest trades observed show a mix of sentiments with varying expiration dates and strike prices. Alibaba, a major online and mobile commerce company, has a current stock price of $72.6, down by -1.05%, with an RSI indicating it may be approaching overbought. An earnings announcement is expected in 44 days, and an analyst from Mizuho maintains a Buy rating with a target price of $95.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:01 pm

SPGI

S&P Global (NYSE:SPGI) has received consistently 'Somewhat Bullish' ratings from 5 analysts over the past quarter, with a notable increase in the average 12-month price target to $483.0 from $451.0, indicating a positive outlook. The company's financial performance shows a strong market presence and revenue growth, but challenges in profitability and asset utilization. Analysts from firms like Oppenheimer, BMO Capital, RBC Capital, and Raymond James have maintained or raised their 'Outperform' ratings, reflecting optimism about the company's future performance.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:00 pm

MGOL

MGO Global's stock is trading lower following the announcement of its Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:55 pm

TSLA

Tesla Inc's Q1 production and delivery numbers have disappointed analysts, marking the first year-over-year decline in deliveries since 2020. Factors contributing to the decline include the production ramp of the updated Model 3, factory shutdowns due to the Red Sea conflict, and an arson attack at its German gigafactory. Analysts describe the quarter as a disaster, with particular concern over sales in China and margin compression. Despite the negative short-term outlook, some analysts remain bullish on Tesla's long-term prospects.

Portfolio Pulse from Adam Eckert

April 02, 2024 | 3:54 pm

OMQS

OMNIQ Corp's shares are trading lower following the announcement of their Q4 revenue results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:49 pm

GUTS

Fractyl Health's shares experienced volatility, initially spiking after announcing FDA IDE approval for the Revita Remain-1 pivotal study but later rebounded following the release of Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:46 pm

PTPI

Petros Pharmaceuticals' shares declined following the announcement of disappointing Q4 earnings per share (EPS) results, falling short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:42 pm

SKYX

SKYX Platforms shares are trading lower following the announcement of worse-than-expected Q4 earnings per share (EPS) results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:41 pm

YTEN

Yield10 Bioscience shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:39 pm

PPL

PPL Corporation reaffirmed its 2024 earnings forecast, expecting $1.63-$1.75 per share with a midpoint of $1.69. It also projects a 6%-8% annual EPS growth through at least 2027, alongside a $14.3B capital investment plan for 2024-2027.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:34 pm