Streetbeat News

Earnings

IBM

IBM has been analyzed by 7 financial analysts, showing a range of opinions from bullish to bearish. The average 12-month price target for IBM has increased by 9.44% to $208.71. Analysts have raised their price targets, reflecting positive sentiment. IBM's financials show strong revenue growth, net margin, ROE, and ROA, but a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 6:00 pm

MU

Semiconductor stocks are experiencing a decline following a recent surge driven by strong earnings from Micron.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:49 pm

COST

Costco Wholesale Corp (NASDAQ:COST) is recovering from a dip following mixed Q4 results, with positive analyst revisions boosting the stock. Despite missing revenue estimates, Costco beat earnings expectations and saw strong e-commerce growth. Analysts have raised price targets and maintained positive ratings, citing expected margin improvements and income growth from membership fee increases.

Portfolio Pulse from Adam Eckert

September 30, 2024 | 5:33 pm

CCL

NCLH

RCL

Cruise stocks are experiencing a decline as Carnival's guidance falls below estimates, affecting the broader sector.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:23 pm

ABNB

H

HGV

HLT

HST

MAR

Hotel company shares are declining, potentially in sympathy with Carnival's disappointing Q3 results and Q4 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:07 pm

NAII

Natural Alternatives International shares fell after the company reported a year-over-year decrease in Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 4:31 pm

SM

SM Energy Inc. (NYSE:SM) shares are trading at $39.32, down 1.23%. The stock decreased by 6.55% over the past month but increased by 5.22% over the past year. The company's P/E ratio is lower than the industry average, suggesting potential undervaluation or low future growth expectations.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 4:30 pm

CCL

CUK

Carnival shares are trading lower following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:56 pm

AAPL

AMZN

ASHR

ECON

F

FXI

GM

GOOG

META

MSFT

NVDA

QQQ

SPY

STLA

TSLA

VWAGY

The Chinese stock market has experienced a significant rally, breaking a negative pattern with the CSI 300 index jumping 8.5%, the largest gain since 2008. This rally is driven by FOMO among foreign investors and a shift from Chinese Treasury bonds to stocks. Despite poor economic data, expectations are high for future growth due to government stimulus. The Arora Report has identified new buy zones for ETFs like ASHR, FXI, and ECON. Meanwhile, negative sentiment from Europe and poor guidance from automakers like Stellantis and Volkswagen are affecting US markets, with stocks like GM and Ford under pressure.

Portfolio Pulse from The Arora Report

September 30, 2024 | 3:27 pm

ARM

ARM Holdings Inc. (NASDAQ:ARM) has seen a 2.31% decrease in its stock price to $142.22, despite a 14.93% increase over the past month and a 175.77% increase over the past year. The company's P/E ratio of 359.83 is significantly higher than the industry average of 58.88, raising questions about potential overvaluation.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 3:15 pm