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H

Hyatt Hotels reported worse-than-expected Q2 earnings per share (EPS) results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:37 pm

YELL

Trading of Yellow Corporation's shares has resumed.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:36 pm

SDGR

Schrodinger's shares have dropped due to a Q2 earnings per share (EPS) miss.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:36 pm

TRI

Thomson Reuters reported Q2 results, leading to a decrease in its share price. RBC Capital has downgraded the stock from Outperform to Sector Perform.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:36 pm

SPY

The S&P Global US Services PMI for July was reported at 52.3, slightly below the estimated 52.4 and significantly lower than the prior figure of 54.4.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:36 pm

AMPY

CHRD

DMLP

STNG

TS

The article identifies five value stocks in the energy sector: Dorchester Minerals (DMLP), Chord Energy (CHRD), Amplify Energy (AMPY), Tenaris (TS), and Scorpio Tankers (STNG). These companies are considered undervalued based on their low P/E multiples. However, all companies except Scorpio Tankers have seen a decrease in their dividend yield and earnings per share.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:36 pm

DIS

A significant bearish stance has been taken on Walt Disney (NYSE:DIS) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 75% bearish and 25% bullish. The whales have been targeting a price range from $70.0 to $125.0 for Walt Disney over the last 3 months. Several financial institutions have maintained their positive ratings on Disney, with price targets ranging from $105 to $147, while Atlantic Equities downgraded its action to Underweight with a price target of $76.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:36 pm

RUN

Sunrun's shares are trading higher despite mixed Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:36 pm

AMZN

CRM

META

MSFT

TWLO

Salesforce, Inc. (NYSE:CRM) is planning further job cuts beyond the previously announced 10% reduction, as part of its focus on profitability. The recent layoffs affected about 50 sales and customer success roles in Ireland. This is separate from the companywide reduction announced in January. Salesforce's Tableau unit was hit hardest in the company's largest-ever round of job cuts. Other tech companies, including Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ: META), Amazon.com Inc (NASDAQ: AMZN), and Twilio Inc (NYSE: TWLO), have also undergone significant layoffs in the past year.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 1:36 pm

SWI

SolarWinds Corp reported positive Q2 results and increased its guidance, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:36 pm