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NVDA

NVIDIA shares are experiencing volatility ahead of the company's upcoming earnings report, causing the stock to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:16 pm

WE

WeWork Inc (NYSE:WE) has announced plans to undergo a 1-for-40 reverse stock split for its Class A and Class C Common Stock. The decision is aimed at increasing the company's per-share price and ensuring compliance with the New York Stock Exchange's $1 per share minimum closing price requirement. The reverse stock split is expected to take effect after market close on September 1.

Portfolio Pulse from AJ Fabino

August 18, 2023 | 2:13 pm

MRK

NVS

Merck & Co Inc has released topline results from a Phase 3 trial of WELIREG, its oral hypoxia-inducible factor-2 alpha inhibitor, for adult patients with advanced renal cell carcinoma. The trial showed a significant improvement in progression-free survival compared to Novartis AG's Afinitor. A trend toward improvement in overall survival was observed, but this result did not reach statistical significance. Merck's shares were up 0.19% at $109.09 during early trading on Friday.

Portfolio Pulse from Vandana Singh

August 18, 2023 | 2:03 pm

DE

Deere & Company's shares are trading lower despite the company reporting better-than-expected Q3 earnings and raising its FY23 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:01 pm

SY

So-Young Intl (NASDAQ:SY) is set to release its quarterly earnings report on August 21, 2023. Analysts estimate an earnings per share (EPS) of $0.00. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $1.21 and has seen a 41.9% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:01 pm

ELTK

Eltek (NASDAQ:ELTK) is set to release its latest quarterly earnings report on Monday, 2023-08-21. Analysts estimate an earnings per share (EPS) of $0.20. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. Eltek's shares are currently trading at $7.95, up 84.38% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:01 pm

FFIE

Faraday Future (NASDAQ:FFIE) is set to release its latest quarterly earnings report on Monday, 2023-08-21. Analysts estimate an EPS of $-0.08. The company's past performance shows a pattern of beating EPS estimates, which has led to share price increases. However, the stock has been on a downward trend, with shares down 86.18% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:01 pm

TIO

Tingo Group (NASDAQ:TIO) is set to release its quarterly earnings report on August 21, 2023. Analysts estimate an EPS of $0.31. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. Tingo Group's shares are currently trading at $1.18 and have seen a 71.58% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:01 pm

FANG

Analysts have provided bullish ratings for Diamondback Energy (NASDAQ:FANG) within the last quarter. The average price target of $175.14 implies an upside from the current price of $147.34. The current average has increased by 0.46% from the previous average price target of $174.33.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:01 pm

MAR

Marriott Intl (NASDAQ:MAR) has outperformed the market over the past 10 years by 7.07% on an annualized basis, producing an average annual return of 17.16%. If an investor had bought $100 of MAR stock 10 years ago, it would be worth $504.80 today.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 2:01 pm