Streetbeat News

Stock Prices

WBA

Walgreens Boots Alliance Inc's CEO, Rosalind Brewer, has agreed to step down as CEO and board member as of August 31, 2023. The board has appointed Ginger Graham, the current Lead Independent Director of WBA, as the interim CEO. Walgreens' shares have lost about 47% of their value since March 2021. The company expects FY23 adjusted EPS to be at or near the low end of its previously stated range.

Portfolio Pulse from Vandana Singh

September 01, 2023 | 12:38 pm

CUBE

INN

UDR

Three real estate stocks with over 4% dividend yields have been recommended by Wall Street's most accurate analysts. These include Summit Hotel Properties, Inc. (INN), UDR, Inc. (UDR), and CubeSmart (CUBE). Recent news for these companies include better-than-expected quarterly sales for INN and CUBE, while UDR reported worse-than-expected second-quarter revenue results.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 12:29 pm

WKHS

Workhorse Group Inc. (NASDAQ:WKHS) announced that its stockholders approved the proposal to increase the number of shares of Workhorse common stock. The approval will enable the company to fund its next phase of execution and growth. The company plans to advance product roadmaps, support its Aero business, and invest in supplier tooling and assembly equipment for its W56 production.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 12:26 pm

ADSK

COIN

CRM

EXPE

Insiders at Autodesk, Expedia Group, Salesforce, and Coinbase Global have recently sold shares. Autodesk and Salesforce reported better-than-expected Q2 results and issued FY24 guidance above estimates. Expedia Group posted upbeat quarterly earnings. Coinbase acquired an equity stake in Circle, the co-founder of the USD Coin.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 12:23 pm

BTCUSD

GOOGL

PLTR

The US markets are set to rebound on hopes of jobs data swaying the Fed. Analysts predict a bull run into September and see more than 7% upside in Alphabet. Bitcoin's brief spikes on alleged good news quickly reversed. The Biden administration commits $15.5B to upgrade automaker factories for EV production. Morgan Stanley boosts Palantir stake by 50% in Q2, then slaps it with a 'Sell' tag.

Portfolio Pulse from Akanksha Bakshi

September 01, 2023 | 12:22 pm

HOOD

Robinhood has purchased 55,273,469 shares of its Class A common stock from the U.S. Marshal Service for a total of $605,694,411.59. The transaction was approved by the U.S. District Court for the Southern District of New York.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 12:17 pm

AVGO

DELL

Several stocks are moving in pre-market trading. Novo Integrated Sciences, Eos Energy Enterprises, Axcella Health, Processa Pharmaceuticals, 23andMe Holding, Nutanix, Local Bounti Corporation, Elastic, Canopy Growth Corporation, and Dell Technologies are among the gainers. Aditxt, SRM Entertainment, Flora Growth Corp., iCoreConnect, Biodexa Pharmaceuticals, Tingo Group, Acer Therapeutics, Satixfy Communications, Inspire Veterinary Partners, and Broadcom are among the losers.

Portfolio Pulse from Lisa Levin

September 01, 2023 | 12:16 pm

AVGO

Broadcom's shares are trading lower following the release of its Q3 financial results and guidance.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 12:14 pm

LI

Li Auto Inc. reported a 663.8% Y/Y increase in vehicle deliveries in August 2023, with 34,914 vehicles delivered. The company's three Li L series models have been popular, helping it secure over 30% market share in China's NEV market for vehicles priced RMB300,000 and above. The company expects Q3 vehicle deliveries to increase by 277.0% - 288.3% Y/Y. Li Auto's shares are trading higher by 2.09% to $42.52 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

September 01, 2023 | 12:14 pm

NVOS

Novo Integrated Sciences has received an Underwriting Clearance Notice for a $70 million coupon, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 12:14 pm