Streetbeat News

Stock Prices

AROW

Arrow Financial reported Q1 earnings of $0.52 per share, missing the analyst consensus estimate of $0.66 by 21.21%. This is a 31.58% decrease from the same period last year. The company also reported quarterly sales of $34.77 million, missing the estimate of $36.20 million by 3.95%. This is a 3.38% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:01 pm

AMAT

Over the past 3 months, 16 analysts have published their opinion on Applied Mat (NASDAQ:AMAT) stock. The analysts have an average price target of $142.12 versus the current price of Applied Mat at $136.4, implying upside. This current average has increased by 6.75% from the previous average price target of $133.13.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 12:00 pm

GILD

Gilead Sciences (NASDAQ:GILD) has received 2 somewhat bullish and 7 indifferent analyst ratings in the last quarter. The average price target given by these analysts is $88.22, which is higher than the current price of $80.64. The average price target has increased by 2.88% over the past month.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 12:00 pm

AMLX

Over the past three months, four analysts have published bullish opinions on Amylyx Pharma (NASDAQ:AMLX) stock. The average price target given by these analysts is $49.75, which is significantly higher than the current price of $22.55. This average has increased by 2.58% from the previous average price target of $48.50.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 12:00 pm

Over the past 3 months, 10 analysts have published their opinion on Visa (NYSE:V) stock, with an average price target of $275.4, implying an upside from the current price of $239.25. The current average has increased by 2.09% from the previous average price target of $269.75. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 12:00 pm

RITM

SCU

Rithm Capital Corp (RITM) has agreed to acquire Sculptor Capital Management Inc (SCU) for approximately $639 million. The deal, expected to close in Q4 2023, will see SCU shareholders receive $11.15 per share, a premium of 18% over the closing price on July 21, 2023. RITM expects the acquisition to be neutral on its 2024 earnings and accretive in 2025. Post-acquisition, SCU will operate as a subsidiary of RITM.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 11:56 am

AAPL

HNHPF

SSNLF

TSM

XIACY

Apple Inc's stock is trading higher amid reports that it has urged suppliers to produce about 85 million units of the iPhone 15 in 2023, which is roughly in line with 2022. The company is considering raising the price for Pro models, which could increase overall revenue. Despite minor issues with new iPhone screens and a production challenge with CMOS image sensors, the company's market capitalization has reached $3 trillion. Apple's sales slid 2% in the most recent quarter, but its market share rose to 17% due to growth in demand for premium phones.

Portfolio Pulse from Anusuya Lahiri

July 24, 2023 | 11:56 am

BTCUSD

Podcaster Joe Rogan's early advocacy for Bitcoin (BTC) in 2014 has yielded significant returns for those who followed his lead. At the time, Bitcoin was trading at $487 per coin. As of now, with Bitcoin's value at $29,774, an initial investment of $100 would be worth $6,113.76, representing a 6,013.76% increase.

Portfolio Pulse from Mehab Qureshi

July 24, 2023 | 11:54 am

BGI

EBET

JAKK

LESL

ZAPP

The article lists five consumer stocks that are currently oversold and may present a buying opportunity. These include Leslie's, Inc. (LESL), JAKKS Pacific, Inc. (JAKK), Birks Group Inc. (BGI), Zapp Electric Vehicles Group Limited (ZAPP), and EBET, Inc. (EBET). The companies have reported mixed financial results, with some experiencing declines in sales and others posting upbeat quarterly results.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 11:49 am

NVDA

TSM

Nvidia Corp's stock traded higher amid reports of a potential sales rebound for supplier Taiwan Semiconductor Manufacturing Company Ltd (TSMC) in 2024. Despite a slump in consumer electronics demand, strong demand for AI chips from Nvidia and peers is expected to trigger the rebound. Additionally, discussions over easing China's semiconductor policy could unlock additional value for Nvidia.

Portfolio Pulse from Anusuya Lahiri

July 24, 2023 | 11:46 am