Streetbeat News

Stock Prices

WDH

Waterdrop (NYSE:WDH) reported Q4 adjusted EPS of $0.03, surpassing the $0.01 estimate, but its sales of $92.87M fell short of the $94.55M estimate. This represents a 50% decrease in EPS and a 5.73% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 10:04 am

ESLT

Elbit Systems Ltd. (NASDAQ:ESLT) reported a Q4 FY23 revenue of $1.625 billion, surpassing the consensus of $1.525 billion, with significant order backlog and segment growth, despite a decline in profit margins and operating cash flows. Adjusted EPS was $1.56, above the consensus of $1.38. The company announced a dividend of $0.50 per share and expects non-cash expenses of $52 million due to the closure of an underperforming subsidiary.

Portfolio Pulse from Lekha Gupta

March 26, 2024 | 9:47 am

ZH

Zhihu shares are trading higher following the announcement of better-than-expected Q4 revenue.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 9:43 am

NXU

Nxu, Inc (NASDAQ:NXU) has launched the NxuOne mobile app, designed to integrate with and enhance the NxuOne EV Charging Solutions ecosystem. The app offers features like real-time monitoring, remote start and stop of charging sessions, and secure payment card storage, aiming to improve the EV charging experience. Despite this development, NXU shares closed lower by 6.63% at $0.65.

Portfolio Pulse from Shivani Kumaresan

March 26, 2024 | 9:33 am

IVVD

Morgan Stanley analyst Maxwell Skor upgraded Invivyd (NASDAQ:IVVD) from Equal-Weight to Overweight and increased the price target from $4 to $10.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 9:28 am

TM

TSLA

Gordon Johnson, CEO of GLJ Research, discussed the cost benefits of plug-in hybrids over battery electric vehicles (BEVs) on CNBC's 'Last Call', highlighting the affordability of plug-in hybrids by comparing Tesla Inc. (TSLA) and Toyota Motor Corporation (TM). Johnson emphasized the significant price difference, with the average plug-in hybrid costing $27K and the average BEV costing $44K. The debate on EVs and plug-in hybrids is growing as the industry evolves, with some arguing that EVs, like Tesla's, offer better long-term value despite higher initial costs.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 8:59 am

DADA

FINV

GDS

MNSO

MTB

SBLK

TLRY

Dada Nexus Limited reported disappointing fourth-quarter results, leading to a 9.1% drop in pre-market trading. The company also announced a $40 million share repurchase program. Other stocks experiencing pre-market losses include GDS Holdings, Star Bulk Carriers, FinVolution Group, M&T Bank Corporation, Tilray Brands, and MINISO Group, with various factors contributing to their declines.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 8:54 am

SPY

The Francis Scott Key Bridge in Baltimore, MD, collapsed after being struck by a cargo ship. The incident may have implications for local and national transportation, potentially affecting the stock market indirectly. The SPDR S&P 500 ETF Trust (SPY) is mentioned in the context of potential market reactions.

Portfolio Pulse from Charles Gross

March 26, 2024 | 8:52 am

ZH

Zhihu reported its Q4 2023 results with total revenues of $160.3 million, a 2.2% increase YoY. Gross margin expanded to 59.1%, and net loss narrowed by 42.6% to $14.5 million. MAUs reached 99.0 million, and monthly subscribing members increased by 9.2% to 14.2 million.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:49 am

GME

MKC

SNX

UAL

The Fear & Greed Index remained in the 'Greed' zone despite a slight decline, with the Dow Jones falling over 150 points. U.S. markets are poised for a fifth consecutive month of gains, with major indices recently hitting record highs. United Airlines shares dropped 3.4% amid potential FAA restrictions on new routes due to safety concerns. Economic data showed a rise in the Chicago Fed National Activity Index and a slight drop in new home sales. Most S&P 500 sectors closed lower, except for energy and utilities. Investors anticipate earnings results from McCormick & Company, Synnex, and GameStop.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 8:46 am