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QABSY

Boeing is reportedly close to securing an order for more of its 787 Dreamliner aircraft from Australia’s Qantas Airways. The order for an unspecified number of 787-10s could be announced as early as this month. This would be Qantas's first order of the 787-10 model, a stretched version of the 787-9 with shorter range that is designed to compete against the Airbus A330. The deal is not final until it has won airline board approval.

Portfolio Pulse from Happy Mohamed

August 21, 2023 | 10:48 pm

DIS

Credit Suisse analyst Douglas Mitchelson maintained Walt Disney Co (NYSE:DIS) with an Outperform and lowered the price target from $126 to $122. He revised his EPS estimates for FY23 to $3.70, FY24 to $5.12, and FY25 to $6.14. Mitchelson highlighted substantial forecast uncertainty for Disney, including the timing and cost of launching the main ESPN channel and its content DTC, the pace of linear decline, and potential labor cost increases. Truist Securities analyst Matthew Thornton reiterated Walt Disney with a Buy and a $105 price target.

Portfolio Pulse from Anusuya Lahiri

August 21, 2023 | 10:46 pm

Lufax Holding (NYSE:LU) reported Q2 earnings of $0.06 per ADS, beating the analyst consensus estimate of $0.05 by 20%. However, this is a 66.67% decrease from the same period last year. The company's quarterly sales of $1.28 billion missed the analyst consensus estimate of $1.43 billion by 10.63%, marking a 44.00% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 10:07 pm

ROIVW

Presidential candidate Vivek Ramaswamy predicts a US recession in 2024, based on historical indicators such as the inverted yield curve and current labor market conditions. He also highlights the impact of inflation, with goods being 16%-20% more expensive than in 2020. Ramaswamy is known in the biotech space, having founded Roivant Sciences (NASDAQ:ROIVW) and Myovant Sciences.

Portfolio Pulse from AJ Fabino

August 21, 2023 | 9:55 pm

CMCSA

LYV

Rumors of a reunion of the 1990s boy band NSYNC for a new song in the upcoming movie 'Trolls Band Together' from Comcast Corporation's unit Dreamworks Animation have sparked. The movie is set for release on Nov. 17, 2023. The reunion could also lead to a tour, which could boost ticket sales for Live Nation Entertainment Inc, the parent company of Ticketmaster. The first 'Trolls' movie grossed $154 million domestically and $347 million worldwide.

Portfolio Pulse from Chris Katje

August 21, 2023 | 9:46 pm

ADD

AIU

EZGO

GNS

GTIM

JZXN

LSEA

LTRY

METX

SDOT

SRM

TKLF

During Monday's after-market session, several consumer discretionary stocks saw significant movement. Yoshitsu Co, Sadot Group, SRM Entertainment, Meta Data, Color Star Tech, and Genius Gr shares all increased, while Good Times Restaurants, Lottery.com, Landsea Homes, BTC Digital, EZGO Technologies, and Jiuzi Hldgs shares declined.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:32 pm

ARAV

AXLA

AYTU

BNTC

CPHI

FBIOP

NVOS

NXL

SXTC

TCON

TENX

VTAK

Several healthcare stocks experienced significant movement in Monday's after-market session. Gainers included Axcella Health (AXLA), Benitec Biopharma (BNTC), Novo Integrated Sciences (NVOS), Aytu BioPharma (AYTU), TRACON Pharma (TCON), and Nexalin Technology (NXL). Losers included China SXT Pharmaceuticals (SXTC), Aravive (ARAV), China Pharma Holding (CPHI), Fortress Biotech (FBIOP), Catheter Precision (VTAK), and Tenax Therapeutics (TENX).

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:31 pm

CLVT

DFLI

FRGT

HYZN

SOS

Several industrial stocks experienced significant movement in Monday's after-market session. Freight Technologies, Hyzon Motors, Ocean Power Techs, Shapeways Holdings, Matrix Service, and Shyft Group saw gains, while Dragonfly Energy Hldgs, SOS, ESGL Holdings, Clarivate, FiscalNote Holdings, and Xos experienced declines.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:31 pm

AEY

ASTI

CAMP

GNSS

HKIT

HOLO

IMMR

JAMF

RBT

SYNA

TIO

In Monday's after-market session, several information technology stocks saw significant movement. Fabrinet (FN), Rubicon Technologies (RBT), Genasys (GNSS), Jamf Holding (JAMF), Synaptics (SYNA), and CalAmp (CAMP) all saw gains, while Tingo Group (TIO), Addvantage Technologies (AEY), MicroCloud Hologram (HOLO), Immersion (IMMR), Ascent Solar Technologies (ASTI), and Hitek Global (HKIT) experienced losses.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:31 pm

RDDTF

RWBYF

The cannabis sector experienced mixed performance on August 21, 2023, with several stocks seeing significant gains, while others suffered losses. Notable gainers include Radient Technologies (OTC:RDDTF), Trees (OTC:CANN), and 1933 Industries (OTC:TGIFF), while Red White & Bloom Brands (OTC:RWBYF), CBD Of Denver (OTC:CBDD), and Tetra Bio Pharma (OTC:TBPMF) were among the biggest losers.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:30 pm