Streetbeat News

Earnings

PODD

Insulet's shares have declined following the announcement of their Q4 financial results. The company, known by its ticker symbol PODD, experienced a drop in stock price as investors reacted to the latest earnings report.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:33 pm

SQ

Block's shares surged following the announcement of Q4 sales results that exceeded expectations, along with positive future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:33 pm

MRVI

Maravai LifeSciences' shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:33 pm

BKNG

Booking Holdings Inc. shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:33 pm

BDRX

Biodexa announced positive top line results from its Phase I clinical trial for Diffuse Midline Glioma, showing a median overall survival of 16.5 months compared to 10.0 months in a comparable cohort. The company also provided an R&D update.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:31 pm

BLK

FTNT

JEPQ

SHAK

On CNBC's 'Halftime Report Final Trades,' experts highlighted JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), BlackRock (BLK), Fortinet (FTNT), and Shake Shack (SHAK) as their final trades. BlackRock reported a 7% Y/Y revenue growth in Q4 and announced a deal to acquire Global Infrastructure Partners. Fortinet and Shake Shack both reported better-than-expected Q4 financial results. The mentioned assets experienced positive price movements on Thursday.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:26 pm

BYON

EXEL

HPP

WTBA

Insiders at Beyond Inc, West Bancorporation, Hudson Pacific Properties, and Exelixis have made significant stock purchases, indicating potential confidence in their companies' futures. These transactions range from around $35,223 to approximately $3.93 million, showcasing a variety of investment levels and possibly signaling opportunities for investors. Notably, these purchases come in the wake of financial results, with Beyond and Hudson Pacific reporting disappointing outcomes, while Exelixis posted positive earnings.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:25 pm

CDRO

RL

TCOM

TPR

Four consumer discretionary stocks, Codere Online Luxembourg (CDRO), Ralph Lauren Corporation (RL), Trip.com Group Limited (TCOM), and Tapestry, Inc. (TPR), are considered overbought as of Feb. 23, 2024, based on their RSI values. These stocks have shown significant price increases recently, with CDRO planning to release financial results on Feb. 29, 2024, RL and TPR reporting better-than-expected earnings, and TCOM announcing strong Q4 results.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:21 pm

WBD

Warner Bros Discovery announced during a conference call that it is on track to achieve its forecast of $1 billion in EBITDA by 2025 for its Max streaming service.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:21 pm

WBD

Warner Bros. Discovery's stock traded lower following the announcement of Q4 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 1:09 pm