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Stock Prices

GLD

SPY

USO

U.S. stock markets ended mixed with Nasdaq and S&P 500 seeing gains, driven by tech, despite financial stocks' drag. NFIB Small Business Optimism Index fell for the third consecutive month. Asian markets were mixed, with Japan and China seeing declines, while Australia and India posted gains. European markets and commodities, including gold, traded higher. U.S. futures indicated a mixed opening.

Portfolio Pulse from Akanksha Bakshi

April 10, 2024 | 11:02 am

ALB

Albemarle's stock price increased following an upgrade by B of A Securities from Neutral to Buy, with a new price target set at $156, up from $137.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:01 am

KSPI

Kaspi.Kz shares are trading lower due to flooding in Kazakhstan, impacting the company's operations and potentially its financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:59 am

AAL

DAL

JBLU

LUV

UAL

Airline stocks are experiencing an uptick following Delta's announcement of better-than-expected Q1 earnings, indicating a positive market response.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:59 am

HXL

B of A Securities analyst Ronald Epstein downgraded Hexcel (NYSE:HXL) from Neutral to Underperform and reduced the price target from $75 to $65.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:46 am

DAL

Delta Air Lines' stock price increased following the announcement of their Q1 earnings, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:43 am

PSMT

QQQ

SPY

US stock futures are positive ahead of March inflation data, with expectations of a tame reading potentially pushing the S&P 500 to retest highs. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed slight premarket movements. Analysts anticipate the CPI report to act as a catalyst for market direction. Boeing Co. (BA) and PriceSmart, Inc. (PSMT) are also in focus, with PSMT rising post-earnings. Upcoming economic data and Fed speeches are expected to influence market sentiment.

Portfolio Pulse from Shanthi Rexaline

April 10, 2024 | 10:41 am

DAL

Delta Air Lines reported Q1 adjusted earnings of $0.45 per share, surpassing the $0.36 estimate, and sales of $13.75B, exceeding the $12.57B estimate. This represents a 25% earnings beat and a 9.39% sales beat, with year-over-year earnings and sales growth of 80% and 7.75%, respectively.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:31 am

PSCC

PSL

WDFC

WD-40 Company (NASDAQ:WDFC) reported a mixed Q2 FY24 with a slight revenue miss at $139.1 million against a consensus of $140.5 million but saw a 7% Y/Y growth across all trade blocs. The company's EPS of $1.14 beat estimates of $1.11, and it announced a dividend of $0.88 per share. WD-40 also bought back shares worth $5.3 million and is focusing on its core products by selling its U.S. and U.K. Homecare and Cleaning Products portfolio. The FY24 EPS outlook was raised to $5.00-$5.30. WDFC shares dropped 1.51% to close at $255.11.

Portfolio Pulse from Lekha Gupta

April 10, 2024 | 10:22 am

TSLA

A top-end Tesla Cybertruck, the tri-motor all-wheel-drive variant, sold for $262,500 at a Sotheby's auction, over double its listed price of $99,900. The auction, which started at $78,000, concluded with 108 bids. This sale could temporarily alleviate concerns about the Cybertruck's resale value amid criticisms over quality issues and production delays. Tesla's CEO Elon Musk has addressed some of these concerns, stating they are fixable.

Portfolio Pulse from Shanthi Rexaline

April 10, 2024 | 9:58 am