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Stock Prices

SRE

Sempra (NYSE: SRE) has priced its public offering of 17,142,858 shares of its common stock at $70 per share. The offering is expected to close on November 10, 2023. The underwriters have an option to purchase up to an additional 2,571,428 shares from Sempra. Morgan Stanley and Citigroup are the joint bookrunners of the offering.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:40 pm

JKHY

Jack Henry & Associates reported better-than-expected Q1 revenue results and raised its FY24 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:39 pm

WBD

Warner Bros. Discovery, Inc (NASDAQ:WBD) reported a Q3 FY23 revenue growth of 1% to $9.98 billion, missing the consensus of $10.00 billion. The company's EPS loss of $(0.17) also missed the consensus loss of $(0.06). Despite the record-breaking performance of Barbie, the company's stock fell by 15.60% after the report. The company's total DTC subscribers decreased by 0.7 million to 95.1 million at the end of Q3.

Portfolio Pulse from Anusuya Lahiri

November 08, 2023 | 3:39 pm

GIB

CGI reported its Q4 financial results, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:34 pm

GILD

Gilead Sciences' shares are trading lower following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:34 pm

BIIB

Biogen reported its Q3 financial results and issued a weak forecast for FY23, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:33 pm

INTC

A significant investor has shown bullish sentiment towards Intel (NASDAQ:INTC), with unusual options activity being observed. The investor's identity is unknown, but such a move usually suggests insider knowledge. The options scanner at Benzinga highlighted 11 extraordinary options activities for Intel. Among these, 5 are puts, totaling $362,968, and 6 are calls, amounting to $247,041. The big players have been eyeing a price window from $23.0 to $45.0 for Intel during the past quarter. The current price of INTC is $38.8. Analysts' ratings on Intel vary, with price targets ranging from $17 to $40.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 3:31 pm

PYPL

A significant bearish stance has been taken on PayPal Holdings (NASDAQ:PYPL) by a large investor or institution, as indicated by unusual options trading activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The major market movers are focusing on a price band between $50.0 and $100.0 for PayPal Holdings. The price of PYPL is currently down -1.17% at $53.99. Several financial institutions have given their ratings and price targets for PYPL.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 3:31 pm

BMBL

Bumble Inc reported Q3 FY23 revenue of $275.5 million, missing the consensus of $276.97 million. Bumble App Revenue rose 22.8% Y/Y to $221.8 million. Total Paying Users increased to 3.8 million from 3.3 million the prior year. Adjusted EBITDA rose to $75.3 million from $61.8 million the prior year. The company didn't repurchase any shares under its previously announced $150.0 million share repurchase program. In Q4, the company expects revenue of $272 million-$278 million (vs. consensus of $286.56 million) and adjusted EBITDA of $72 million-$75 million. BMBL shares are trading lower by 7.30% at $12.44 premarket on the last check Wednesday.

Portfolio Pulse from Lekha Gupta

November 08, 2023 | 1:41 pm

AGNC

CLX

CSCO

JNJ

VTR

Jim Cramer, on CNBC’s 'Mad Money Lightning Round', gave his opinions on several companies. He said Clorox's recent quarter was 'ok' and the company is recovering from a hack. He criticized AGNC Investment Corp. as a 'value trap'. He recommended buying Cisco Systems, which has gained around 11% year-to-date. He questioned Johnson & Johnson's strategy. He also commented on Ventas, stating it's 'ok' but needs more yield. The stocks of these companies showed mixed performance.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 1:35 pm