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Stock Prices

HIBB

Hibbett, Inc. (NASDAQ:HIBB) is expected to report a sharp decline in Q2 earnings, with analysts predicting earnings of 73 cents per share, down from $1.86 per share a year ago. The company's revenue is also expected to decrease to $376.11 million from $392.81 million. Hibbett shares fell 1.8% to close at $36.86 on Thursday. Analysts from Baird, Williams Trading, and B. Riley Securities have recently adjusted their price targets for the company.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 6:13 am

Ford Motor Co (NYSE:F) has introduced a limited edition F-150 Lightning Platinum Black edition, with only 2000 units to be produced. The electric truck, which is the most expensive Lightning model to date, is expected to start deliveries in early 2024. This follows a recent price cut on the F-150 Lightning models, with the company planning to triple its annual run rate to 150,000 F-150 Lightning trucks after an upgrade.

Portfolio Pulse from Anan Ashraf

August 25, 2023 | 5:57 am

FOX

FOXA

Donald Trump's interview on Elon Musk's X platform, formerly known as Twitter, garnered 74 million views in under an hour, surpassing the viewership of the first Republican debate on Fox News, which attracted less than 13 million views. The massive online viewership of Trump’s interview raises questions about the waning influence of Fox News. Meanwhile, the X platform continues to gain attention and clout.

Portfolio Pulse from Ananya Gairola

August 25, 2023 | 5:30 am

BONEUSD

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

Bone ShibaSwap (CRYPTO: BONE) recorded a 12% increase, defying the overall cryptocurrency market trends. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) experienced a decline of over 2%. BONE's trading volume surged by more than 90% in the last 24 hours, to $23 million. The burning mechanism of SHIB token contributes to its scarcity, driving its value. New BONE tokens are still being introduced into circulation through a smart contract, which remains under the control of the ShibaSwap team.

Portfolio Pulse from Mehab Qureshi

August 25, 2023 | 4:26 am

BBJP

DXJ

EWJ

Japan's Tokyo Core Consumer Price Index (YoY) for August was reported at 2.8%, slightly below the estimated 2.9% and the prior 3%. This indicates a slower inflation rate than expected.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 4:08 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant drop ahead of Federal Reserve Chair Jerome Powell’s upcoming remarks at the Jackson Hole Symposium. The global crypto market capitalization stands at $1.05 trillion, a 0.83% decrease in the last day. Analysts predict a period of relative stability for Bitcoin before it experiences another bullish trend, identifying the $27,800 level as a critical point for potential upward movement.

Portfolio Pulse from Mehab Qureshi

August 25, 2023 | 3:18 am

ACCD

ARKG

CRSP

NTLA

NVDA

RXRX

Ark Invest, led by Cathie Wood, sold $1.86 million worth of NVIDIA Corp shares through ARK Genomic Revolution ETF. This decision follows NVIDIA's recent Q2 earnings report and its performance in the AI sector. Ark Invest also made significant purchases of shares in CRISPR Therapeutics, Intellia Therapeutics, Accolade, and Recursion Pharmaceuticals.

Portfolio Pulse from Benzinga Neuro

August 25, 2023 | 2:57 am

DWAC

Donald Trump has posted his first tweet on X, formerly known as Twitter, since his ban in 2021. The platform was acquired by Elon Musk and rebranded as X. Trump's tweet included a mugshot from his booking at Fulton County jail, related to felony charges linked to an alleged plan to overturn the presidential election results in Georgia. Trump also routinely posts on Truth Social, owned by Trump Media & Technology Group, which is set to merge with Digital World Acquisition Corp (NASDAQ:DWAC).

Portfolio Pulse from Ananya Gairola

August 25, 2023 | 2:14 am

AFRM

AMC

TSLA

ULTA

The S&P 500, Nasdaq, and Dow Jones Industrial Average closed lower on Thursday. Affirm Holdings, Hawaiian Electric, AMC, Ulta Beauty, and Tesla were the top stocks that gained the attention of retail traders and investors. Affirm Holdings released Q4 earnings showing a 22% increase in revenue. Hawaiian Electric came under scrutiny following a negative review by a market analyst. AMC's stock tumbled due to its popularity among retail investors and its recent Q2 earnings report. Ulta Beauty's Q2 earnings beat expectations and raised its annual forecast. Tesla is struggling with internal woes and recession fears.

Portfolio Pulse from Benzinga Neuro

August 25, 2023 | 2:00 am

AMZN

DIS

Amazon.com (AMZN) is in preliminary discussions with Walt Disney Co (DIS) for a partnership involving the streaming version of ESPN. Amazon may acquire a minority stake in the sports network. The pricing for the new service is yet to be finalized. ESPN’s new streaming service is anticipated to cost between $20 and $35 per month.

Portfolio Pulse from Benzinga Neuro

August 25, 2023 | 12:50 am