Streetbeat News

Stock Prices

HHGC

HHG Capital Corporation's shares are set to resume trading at 9:00 a.m. ET.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:18 pm

CURO

CURO Group Holdings reported Q2 losses of $(1.45) per share, missing the analyst consensus estimate of $(0.70) by 107.14%. This is a 417.86% decrease from the same period last year. The company also reported quarterly sales of $209.24 million, missing the analyst consensus estimate of $209.81 million by 0.27%. This is a 31.26% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:17 pm

CYTH

RCG

Insiders at Cyclo Therapeutics, Inc. (NASDAQ:CYTH) and RENN Fund, Inc. (NYSE:RCG) have recently made notable purchases of their companies' shares. CYTH's 10% owner, Rafael Holdings Inc, acquired 4,000,000 shares at an average price of $1.25, costing around $5 million. RCG's President and CEO, Murray Stahl, acquired 419 shares at an average price of $1.85, spending around $775. These transactions may indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:17 pm

BABA

COP

NOC

SLB

On CNBC's 'Final Trades', Bryn Talkington of Requisite Capital Management recommended ConocoPhillips (COP), which is set to report earnings on Aug. 3, 2023. Stephen Weiss of Short Hills Capital Partners recommended Alibaba Group Holding Limited (BABA), despite recent regulatory challenges in China. Jason Snipe of Odyssey Capital Advisors recommended Northrop Grumman Corporation (NOC), which recently reported a 9% YoY sales growth. Joseph Terranova of Virtus Investment Partners recommended Schlumberger Limited (SLB), which reported a 19.6% YoY revenue increase.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:17 pm

MMV

MultiMetaVerse Holdings Limited has received a notification from Nasdaq regarding a deficiency in its minimum market value. The company now has 180 days to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:17 pm

HHGC

HHGCW

HHG Capital Corporation (HHGC) has announced a definitive merger agreement with Perfect Hexagon Group Limited (PH), a commodity trading company. The merger, expected to be completed in Q4 2023, will result in PH becoming a publicly listed company on NASDAQ under the symbol 'PHGL'. HHGC, which currently holds approximately $35 million of cash in trust, will combine with PH. The transaction is subject to approval by HHGC's and PH's shareholders, the SEC, and the Nasdaq Stock Market.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:17 pm

DCO

Ducommun (NYSE:DCO) reported Q2 earnings of $0.54 per share, beating the analyst consensus estimate of $0.51 by 5.88%. However, this is a 28.95% decrease from the same period last year. The company's quarterly sales were $187.32 million, missing the analyst consensus estimate of $188.14 million by 0.44%, but showing a 7.53% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 04, 2023 | 1:16 pm

AUID

CXM

authID.ai (NASDAQ:AUID) has announced the appointment of Ed Sellitto as its new Chief Financial Officer, effective August 15, 2023. Sellitto, who has over 15 years of experience in financial management and revenue operations, will succeed Annie Pham. Pham will remain with the company until the announcement and filing of Q2 2023 results to ensure a smooth transition. Sellitto's compensation package includes a grant of options to purchase 50,000 shares of new Common Stock.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:16 pm

BMRA

W

WBD

CVS Health will start selling Biomerica's EZ Detect Colorectal Disease Screening Test nationwide, boosting Biomerica's stock by 62%. Warner Bros. Discovery's Q2 earnings per share (EPS) and sales missed estimates, leading to a 6.7% stock drop. Wayfair's Q2 adjusted EPS and sales beat estimates, resulting in a 14.7% stock increase.

Portfolio Pulse from ryanfaloona@benzinga.com

August 04, 2023 | 1:16 pm

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) is expected to report its Q2 financial results on Aug. 3, 2023, with analysts predicting a quarterly earnings of 34 cents per share, compared to a loss of 20 cents per share a year ago. The company's revenue is projected to be $131.54 billion. Amazon's shares fell 2.6% to close at $128.21 on Wednesday. Several analysts have recently updated their price targets for Amazon, with the highest being $155.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:16 pm