Streetbeat News

Stock Prices

MU

Micron Technology, Inc. (NASDAQ:MU) is anticipated to release its Q2 earnings with an expected loss of 26 cents per share, an improvement from last year's $1.91 per share loss. Revenue is projected at $5.34 billion. UBS and Baird analysts have updated their price targets for MU to $120 and $115, respectively. The article also explores how investors can earn a monthly income from Micron's dividends, requiring substantial investment for significant returns. MU's stock slightly increased by 0.2% to close at $94.00.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 11:52 am

EVTV

Envirotech Vehicles, Inc (NASDAQ:EVTV) has secured its largest deal ever, selling 200 electric vans and trucks to Texas-based PlugD Commercial Electric Leasing and Rentals for approximately $16.2 million. This deal underscores the growing demand for electric vehicles and highlights Envirotech's commitment to developing zero-emissions vehicles. Despite the positive news, EVTV shares dropped 4.59% to $2.08 in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 20, 2024 | 11:49 am

ENSV

Enservco's stock price increased following the announcement of its agreement to acquire Buckshot Trucking LLC. This strategic acquisition could potentially enhance Enservco's service offerings and market presence.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:42 am

ANVS

Annovis Bio announced the completion of data cleaning for its Phase 2/3 study of Buntanetap in Alzheimer's patients, with topline efficacy data expected in April, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:40 am

M

Macy's Inc. (NYSE:M) has opened its financial records to Arkhouse and Brigade Capital as part of a potential $6.6 billion privatization bid. This move, following a confidentiality agreement, could help Arkhouse and Brigade secure debt commitments for the deal. The bid has been raised from $21 to $24 per share. Macy's, facing a board challenge from Arkhouse Management and a 1.4% decline in Q4 revenue, plans to close 150 locations by 2026. M shares closed higher by 1.41% at $21.54.

Portfolio Pulse from Shivani Kumaresan

March 20, 2024 | 11:37 am

HTHT

H World Group (NASDAQ:HTHT) reported Q4 adjusted EPS of $0.29, missing the $0.36 estimate, but marked a 341.67% increase from last year's losses. Sales reached $786M, surpassing the $756.94M estimate, representing a significant increase from $537M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:35 am

OMC

SBGI

TGNA

Wall Street's most accurate analysts recommend holding TEGNA Inc. (TGNA), Omnicom Group Inc. (OMC), and Sinclair, Inc. (SBGI) for their high-dividend yields amid market uncertainty. TEGNA and Sinclair have seen price target adjustments, while Omnicom's price target was raised. TEGNA will discuss Q1 2024 earnings on May 8, 2024. Omnicom recently priced a €600 million senior notes offering, and Sinclair reported weaker-than-expected quarterly results.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 11:33 am

OLLI

Ollie's Bargain Outlet projects its adjusted EPS for FY25 to be between $3.10 and $3.20, slightly below the estimated $3.21. The company also forecasts net sales to range from $2.248 billion to $2.273 billion, which is below the estimated $2.29 billion.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:33 am

OBLG

Oblong shares are trading higher following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:32 am

CEG

NRG

VST

As of March 20, 2024, three utilities stocks, Constellation Energy Corporation (CEG), Vistra Corp. (VST), and NRG Energy, Inc. (NRG), are considered overbought based on their RSI values, indicating potential short-term performance concerns. CEG's RSI is at 70.29, VST's at 77.02, and NRG's at 87.45. These stocks have seen significant gains over the past month, with CEG up 31%, VST up 38%, and NRG up 29%.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 11:31 am