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EEFT

Euronet Worldwide shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:35 pm

QMMM

QMMM Holdings shares were halted on a circuit breaker due to a significant upward movement in the stock price.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:34 pm

QMMM

QMMM shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:33 pm

CRWD

FDX

IYT

MSFT

UNP

UPS

XTN

FedEx Corp. (NYSE:FDX) shares are trading lower due to disruptions caused by a global IT outage from a software vendor. The outage has affected multiple industries, including logistics, airlines, and healthcare. FedEx has activated contingency plans but warns of potential delivery delays. Other companies like United Parcel Service, Inc. (NYSE:UPS) and Union Pacific Corp. (NYSE:UNP) are also impacted. Investors can gain exposure to FedEx via IShares U.S. Transportation ETF (BATS:IYT) and SPDR S&P Transportation ETF (NYSE:XTN).

Portfolio Pulse from Shivani Kumaresan

July 19, 2024 | 3:33 pm

AUGX

Augmedix Inc. (NASDAQ:AUGX) will be acquired by Commure, Inc. in an all-cash transaction valued at approximately $139 million. Augmedix stockholders will receive $2.35 per share, a 169% premium over the 30-day VWAP. The deal is expected to close in late Q3 or early Q4 2024.

Portfolio Pulse from Vandana Singh

July 19, 2024 | 3:31 pm

TDC

Teradata shares are trading lower after UBS initiated a Sell rating on the stock and announced a $32 price target.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 3:31 pm

KMX

CarMax's short interest has fallen by 7.46%, with 18.07 million shares sold short, representing 13.14% of its float. This is higher than the peer group average of 12.52%. It would take traders 5.91 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 3:30 pm

MAR

Marriott International (NYSE: MAR) has seen a decrease in its short interest by 8.65%, with 6.36 million shares sold short, representing 2.85% of its float. This is lower than the peer group average of 7.57%. The decline in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 3:30 pm

UNP

Union Pacific (NYSE:UNP) has significantly outperformed the market over the past 20 years, delivering an average annual return of 15.41%. A $1000 investment in UNP 20 years ago would be worth $17,394.90 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 3:30 pm

PR

Permian Resources (NYSE:PR) has outperformed the market over the past 5 years with an average annual return of 20.76%, significantly growing an initial $100 investment to $263.55. The company currently has a market capitalization of $10.36 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 3:30 pm