Streetbeat News

Earnings

ORCL

Financial giants have shown a bearish sentiment towards Oracle (NYSE:ORCL), with options trading analysis revealing 57% bearishness among traders. The trading activity indicates a price target range of $95.0 to $140.0 for Oracle. Notable options activity includes both bullish and bearish positions, with a significant bearish call trade for a strike price of $120.00 expiring on 07/19/24. Oracle's current market position shows a slight decrease in stock price to $113.75, with neutral RSI indicators and upcoming earnings in 11 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:32 pm

ANF

Abercrombie & Fitch (ANF) has seen a mix of bullish and bearish options activity, with a notable lean towards bearish sentiment. Significant investors predict a price range of $80 to $190 in the next three months. The company's stock is currently up by 1.13% at $132.85, potentially overbought according to RSI values. Analysts have given mixed ratings with an average target price of $132.33. The next earnings report is expected in 2 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:32 pm

BIVI

BTDR

FUFU

JOAN

Bitdeer Technologies Group's shares surged 10.2% after reporting positive Q4 financial results and successful testing of its Bitcoin mining chip, amidst a general rise in Bitcoin prices. Other stocks also saw significant movements, with BitFuFu Inc. leading with a 107% jump following its Nasdaq listing. The session also highlighted FDA approvals, strategic approaches, and financial results as key drivers for stock movements. Conversely, companies like BioVie Inc. and JOANN Inc. faced declines due to public offering pricing and bankruptcy reports, respectively.

Portfolio Pulse from Avi Kapoor

March 04, 2024 | 6:29 pm

BTDR

Bitdeer's shares surged following the announcement of positive preliminary Q4 financial results and the successful testing of its SEAL01 Bitcoin mining chip, alongside an overall increase in Bitcoin prices.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 6:21 pm

PDD

Whales have shown a bullish stance on PDD Holdings (NASDAQ:PDD), with options trading indicating a mix of bullish and bearish expectations. Analysis of 71 trades shows a preference for calls over puts, with significant activity aiming for a price range between $50.0 and $180.0. The largest trades include both bearish and bullish sentiments, with notable options expiring between April 2024 and June 2024. PDD Holdings, a multinational commerce group, has seen its stock price slightly increase, with an RSI indicating a neutral position. The company's next earnings report is expected in 14 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:17 pm

CELH

Celsius Holdings Inc (NASDAQ:CELH) shares are trading higher after Wedbush analyst Gerald Pascarelli reiterated an Outperform rating and raised the price target from $75 to $90. The company reported Q4 earnings per share of $0.17, surpassing the consensus estimate of $0.15, with revenue of $347.43 million beating the estimate of $331.49 million. Despite the stock's over 45% year-to-date increase, the analyst sees limited upside in the share price and removed CELH from the Wedbush Best Ideas List.

Portfolio Pulse from Shivani Kumaresan

March 04, 2024 | 6:13 pm

TCON

TRACON Pharma (NASDAQ:TCON) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $-0.08. Investors are hopeful for a beat on this estimate and positive guidance for future growth. TRACON's past performance shows a mix of earnings beats and misses, with significant stock price fluctuations following each report. Currently, shares are trading at $0.188, marking an 87.37% decline over the last year, indicating long-term shareholder dissatisfaction.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

BNGO

Bionano Genomics (NASDAQ:BNGO) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.87. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to varying stock price reactions. Shares are currently trading at $1.25, reflecting a 90.84% decline over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

ISPO

Inspirato (NASDAQ:ISPO) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-3.66. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to significant share price drops. Shares are currently trading at $5.25, down 95.07% over the last year, indicating a bearish outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm

NUWE

Nuwellis (NASDAQ:NUWE) is scheduled to release its quarterly earnings report on 2024-03-05, with analysts expecting an EPS of $-1.39. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat leading to a 4.69% drop. Shares are currently trading at $0.5902, down 90.37% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:03 pm