Streetbeat News

Earnings

NIO

TSLA

NIO Inc's shares are trading higher after a temporary halt in production of its ES6 at one of its facilities for an upgrade in the manufacturing process. The company has now resumed production, making at least 300 ES6s per day. Nio's second-quarter financial results are due on Aug. 29. Meanwhile, Tesla Inc has slashed prices of its Model Y, Model S, and Model X vehicles in China, increasing pressure on competing EV makers to stay competitive on cost.

Portfolio Pulse from Adam Eckert

August 21, 2023 | 2:57 pm

LILAK

NXST

STCN

UONE

The article identifies five value stocks in the communication services sector: Nexstar Media Gr (NXST), Urban One (UONE), Steel Connect (STCN), Liberty Latin America (LILAK), and Scienjoy Holding (SJ). These stocks are considered undervalued based on their low price-to-earnings (P/E) multiples. The article also provides recent earnings per share data for each company.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 2:45 pm

ACOR

KERN

KNSA

PFE

SPOK

Benzinga Insights has identified five value stocks in the healthcare sector: Kiniksa Pharmaceuticals (KNSA), Pfizer (PFE), Akerna (KERN), Spok Holdings (SPOK), and Acorda Therapeutics (ACOR). These stocks are considered undervalued based on their low price-to-earnings (P/E) multiples. Recent earnings reports show increased earnings per share for KNSA, SPOK, and ACOR, while PFE's earnings per share decreased and KERN's remained negative.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 2:44 pm

AXR

FOR

FPH

SACH

Benzinga Insights has identified five value stocks in the real estate sector based on quantified analysis. These include Five Point Holdings (FPH), Forestar Group (FOR), Amrep (AXR), Sachem Cap (SACH), and Hersha Hospitality (HT). The companies have shown recent improvements in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 2:39 pm

AAPL

AMZN

GOOG

NVDA

QQQ

SPY

The future of the stock market is expected to be influenced by Nvidia's earnings and Powell’s speech at Jackson Hole. Nvidia's earnings are expected to be released on Wednesday, and Powell will be speaking on Friday. The demand for AI chips from Nvidia is exceeding supply, and Nvidia's current quarter sales are guided to $11B, but whisper numbers are around $12B. Money flows are positive in Apple, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla, but negative in Alphabet. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Interest rate cuts in China were less than expected, causing a sell off in Shanghai and Hong Kong.

Portfolio Pulse from The Arora Report

August 21, 2023 | 2:28 pm

NSSC

PANW

SLGG

SXTC

TMBR

WALD

US stocks traded mostly higher with the Nasdaq Composite gaining over 100 points. Palo Alto Networks (PANW) reported better-than-expected Q4 earnings and issued a strong billings outlook. China SXT Pharmaceuticals (SXTC), Timber Pharmaceuticals (TMBR), and Waldencast (WALD) saw significant stock increases. Super League Gaming (SLGG), Napco Security Technologies (NSSC), and PARTS iD (ID) experienced notable stock decreases.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 2:14 pm

Estee Lauder's stock price is trading lower after several analysts reduced their price targets following the company's Q4 results.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 2:13 pm

PINC

Premier (NASDAQ:PINC) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $0.66. The company's past performance shows mixed results with some quarters beating estimates and others missing. The share price has seen minor fluctuations post-earnings announcements. Currently, shares are trading at $25.36, down 31.62% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 2:01 pm

DKS

Dick's Sporting Goods (NYSE:DKS) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $3.75. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $146.62, up 34.07% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 2:01 pm

TOL

Toll Brothers (NYSE:TOL) is set to release its quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $2.81. The company's past performance shows a trend of beating EPS estimates, which has typically resulted in a share price increase. Shares of Toll Brothers are currently trading at $76.38 and have seen a 65.41% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 2:01 pm