Streetbeat News

Stock Prices

JJSF

J&J Snack Foods reported better-than-expected Q3 adjusted EPS results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:34 am

ITW

Illinois Tool Works Inc (ITW) reported Q2 FY23 revenue growth of 1.6% YoY to $4.07 billion, missing the consensus of $4.13 billion. However, the company raised its full-year 2023 GAAP EPS guidance by $0.10 at the midpoint. ITW's shares traded lower by 5.38% at $249.15 on the last check Tuesday.

Portfolio Pulse from Akanksha Bakshi

August 04, 2023 | 9:33 am

WDC

Shares of Western Digital Corp (NASDAQ:WDC) were trading lower despite reporting upbeat earnings for its fiscal fourth quarter. Analysts from Wedbush, Mizuho Securities, and Benchmark provided their takeaways from the earnings release. While revenues were ahead of expectations, the company's guidance for the fiscal first quarter was short of consensus estimates. Analysts noted improvements in consumer/client demand, but softer enterprise conditions. The company's NAND gross margins continue to be impacted by underutilization, and cloud/enterprise demand remains weak.

Portfolio Pulse from Priya Nigam

August 04, 2023 | 9:33 am

CWK

Cushman & Wakefield reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:32 am

IT

Gartner's (NYSE:IT) short percent of float has fallen 4.19% since its last report, with 1.24 million shares sold short, which is 1.83% of all regular shares available for trading. It would take traders 4.05 days to cover their short positions on average. Gartner's peer group average for short interest as a percentage of float is 4.59%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:32 am

TJX

TJX Companies's short percent of float has fallen 9.09% since its last report, with 6.92 million shares sold short, which is 0.6% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards TJX. Compared to its peers, TJX has less short interest, with an average of 15.22% for its peer group.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:32 am

SGRY

Surgery Partners reported lower than expected Q2 revenue results and issued FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:32 am

HRYU

Shares of Hanryu Holdings have resumed trading.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:32 am

CVLT

Commvault Systems reported its Q1 financial results and issued guidance for Q2 and FY24, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:32 am

AMC

BTCUSD

GLD

GME

SLV

TUP

USO

The article discusses the resurgence of the meme crowd, with Tupperware Brands Corp (TUP) becoming the latest favorite. The stock has moved from $0.61 to $5.29 in a few days due to buying by the meme crowd and a resulting short squeeze. The initial trigger was a regulatory filing by Tupperware that identified multiple misstatements in its financial reports and material weaknesses in internal controls. The article also mentions the weak seasonality confronting the AI frenzy and FOMO, and the potential impact of upcoming economic data releases.

Portfolio Pulse from The Arora Report

August 04, 2023 | 9:31 am