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Target Hospitality shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:34 pm

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Warren Buffett, renowned investor and CEO of Berkshire Hathaway, maintains his investment strategies during election years, focusing on adding to winners and cutting losers. Historically, he has adjusted his portfolio by trimming positions in companies like Walmart and Deere & Co, while adding to positions in Apple, airline companies, and energy stocks. Buffett's approach remains consistent regardless of political outcomes, emphasizing long-term growth and stability.

Portfolio Pulse from Aaron Bry

August 07, 2024 | 3:33 pm

TGI

Triumph Group shares are trading lower after the company reported worse-than-expected Q1 adjusted EPS results and issued FY25 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:33 pm

GMED

Globus Medical shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:27 pm

ATGE

Adtalem Global Education shares are trading lower following the company's Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:22 pm

PLUS

ePlus shares are trading higher following the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:21 pm

WMG

Warner Music Group Corp (NASDAQ:WMG) stock traded higher on Wednesday after reporting fiscal Q3 2024 results. GAAP EPS of $0.27 met analyst expectations, while revenue slightly missed estimates at $1.55 billion. Recorded Music revenue declined, but Music Publishing and Digital revenue saw increases. Adjusted OIBDA rose by 6.4%, and the company held $607 million in cash. Analysts have mixed ratings, with a 1-year price target averaging $33.5.

Portfolio Pulse from Anusuya Lahiri

August 07, 2024 | 3:19 pm

REYN

Reynolds Consumer Products, Inc. (NASDAQ:REYN) stock is trading higher after reporting strong earnings for the 2024 fiscal year second quarter and raising its guidance. The company beat analyst estimates for both EPS and sales, and provided optimistic guidance for the upcoming quarters.

Portfolio Pulse from Dylan Berman

August 07, 2024 | 3:13 pm

ALAB

Astera Labs shares are trading lower after the company reported Q2 financial results. Needham and Evercore ISI Group lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:05 pm

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U.S. stocks saw significant gains on Wednesday, with the Dow Jones index rising over 400 points. Shopify led the charge with a 24.6% increase after reporting better-than-expected Q2 earnings. Other notable gainers included PetIQ, Upstart Holdings, Latham Group, Lumen Technologies, Veracyte, Rayonier Advanced Materials, Angi, Inspire Medical Systems, Fortinet, Axon Enterprise, Aspen Technology, Sunrun, Dynatrace, Champion Homes, V.F. Corporation, Rapid7, Illumina, Global Payments, MongoDB, and Snowflake.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 3:05 pm