Streetbeat News

Earnings

ORCL

Investors are showing mixed sentiment on Oracle (NYSE:ORCL) with significant options trading activity. The options trades are split evenly between bullish and bearish sentiments, with a focus on a price range of $138 to $170. Oracle's stock is currently trading at $141.76, up 0.72%, but RSI suggests it may be overbought. Earnings are expected in 4 days.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 4:33 pm

DOCU

DocuSign, Inc. (NASDAQ:DOCU) is set to release its Q2 earnings, with expectations of 80 cents per share and $727.36 million in revenue. Recent analyst ratings show a mix of neutral and buy stances, with price targets adjusted. The stock closed at $57.42, down 0.9%.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 4:25 pm

AAPL

AMZN

CLX

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The article discusses the contrasting performance of Clorox (CLX) and Nvidia (NVDA), highlighting CLX's gains amid NVDA's volatility. It also covers the weakening jobs picture and its potential impact on the economy and stock market. Money flows are positive for AMZN and TSLA, but negative for AAPL, GOOG, META, MSFT, NVDA, SPY, and QQQ.

Portfolio Pulse from The Arora Report

September 05, 2024 | 4:24 pm

HPE

Hewlett Packard Enterprise (HPE) reported Q3 results with a 10.1% year-on-year sales growth, driven by AI server demand. However, gross margins fell short, causing investor concerns. Analysts maintain a positive outlook due to strong execution and AI market presence.

Portfolio Pulse from Priya Nigam

September 05, 2024 | 4:24 pm

AAPL

DLTR

TGT

Target Corporation shares are trading slightly lower following Dollar Tree's disappointing earnings report. However, Target announced a new integration with Apple CarPlay, enhancing its Drive Up and Order Pickup services, which could improve customer convenience and service.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 4:22 pm

C3.ai's stock fell after Q1 results, but analysts remain optimistic about long-term AI demand. Despite margin pressures and weak subscription revenues, analysts see potential in C3.ai's unique AI applications and expect revenue growth. Price targets were adjusted, reflecting current challenges and opportunities.

Portfolio Pulse from Adam Eckert

September 05, 2024 | 4:07 pm

CHPT

ChargePoint Holdings Inc (NYSE:CHPT) reported disappointing Q2 results, missing revenue expectations and providing weak guidance for Q3. Analysts have mixed ratings, with some maintaining 'Buy' or 'Hold' ratings despite the challenges. The company announced a 15% workforce reduction to save costs, but profitability is now expected only by FY2026.

Portfolio Pulse from Priya Nigam

September 05, 2024 | 4:06 pm

MCK

McKesson has announced its Q2 fiscal 2025 adjusted EPS to be between $6.70 and $7.00, which is below the estimated $7.39. However, the company reaffirms its full-year 2025 adjusted EPS guidance in the range of $31.75 to $32.55, compared to the estimate of $32.21.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:05 pm

Lands' End, Inc. (NASDAQ:LE) reported better-than-expected Q2 earnings, with net revenue of $317.2 million surpassing the consensus of $307.41 million. Despite a decrease in global eCommerce and Outfitters net revenue, the company saw a 23.4% increase in third-party net revenue. Gross profit rose by 8.8% due to improved product solutions and reduced promotional activity. Lands' End raised its annual profit guidance, expecting adjusted EPS of $0.29 – $0.48, up from $0.18 – $0.41. The company also repurchased $3.7 million of its stock and plans further buybacks. LE shares rose 1.46% following the announcement.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 3:16 pm

FCEL

FuelCell Energy shares rose following the announcement of better-than-expected Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:06 pm