Streetbeat News

Stock Prices

TPR

Over the past 3 months, 4 analysts have published their opinion on Tapestry (NYSE:TPR) stock, with 3 being somewhat bullish and 1 indifferent. The average price target is $52.5, implying an upside from the current price of $42.91. This average price target has increased by 10.53% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 8:21 am

SPY

The ISM Manufacturing Prices for July came in at 46.4, which is higher than the estimated 42.8 and the prior figure of 41.8.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 8:07 am

BP

BP plc (NYSE:BP) reported Q2 FY23 sales and revenues of $48.54 billion, a 28.5% decline YoY, missing the consensus of $54.48 billion. Production was down 2.2% YoY. The company's underlying RC profit per ADS was $0.89, missing the consensus of $1.21. However, BP raised its dividend by 10% and completed $2.1 billion of share buybacks. The company expects both reported and underlying upstream production to be higher compared with 2022.

Portfolio Pulse from Akanksha Bakshi

August 04, 2023 | 8:07 am

SIRI

Sirius XM Holdings Inc reported flat Q2 FY23 revenue of $2.25 billion, in line with consensus. Subscriber revenue remained flat at $1.73 billion, while advertising revenue decreased by 1.5% to $445 million. Self-pay subscribers decreased by 132,000 to 34 million. The company's gross margin was flat at 61%, while Pandora segment advertising revenue decreased 1% to $400 million. The company reiterated its FY23 revenue outlook of $9.0 billion.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 8:07 am

AAPL

AMZN

MSFT

QQQ

SPY

The Market Clubhouse Morning Memo discusses trading strategies for SPY, QQQ, AAPL, MSFT, and AMZN. The memo provides key price levels for each asset, based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests that traders should monitor these stocks closely and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

August 01, 2023 | 3:32 pm

BB

BlackBerry Ltd (NYSE:BB) shares are rising after the company announced that Mobility In Harmony (MIH), a Foxconn-initiated group, has chosen BlackBerry to provide the foundation for its next-generation electric vehicle platform. MIH plans to use BlackBerry's software and services, including BlackBerry QNX and BlackBerry IVY, for its unique modular design approach to EVs. BlackBerry is also set to participate in upcoming investor events.

Portfolio Pulse from Adam Eckert

August 01, 2023 | 3:32 pm

BTCUSD

COIN

ETHUSD

Coinbase's overseas futures exchange recorded nearly $2 billion in volumes for July. The exchange was launched with two contracts, Bitcoin and Ether perpetual futures. In July, Bitcoin futures volumes exceeded $550 billion. Coinbase's new market constitutes a minor segment of the broader crypto futures market. Monthly volumes for Coinbase International's Ether contract reached $770 million in July.

Portfolio Pulse from Murtuza Merchant

August 01, 2023 | 3:30 pm

WISH

Trading of ContextLogic shares has resumed.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 3:29 pm

ANET

Arista Networks Inc's shares are trading higher after the company reported better-than-expected Q2 financial results, with a 38.7% YoY increase in revenue to $1.459 billion, beating the consensus estimate of $1.38 billion. The company also reported quarterly earnings of $1.58 per share, surpassing analyst estimates of $1.44 per share. Several analysts have raised their price targets on the stock following these results.

Portfolio Pulse from Adam Eckert

August 01, 2023 | 3:29 pm

SPY

The S&P Global US Manufacturing PMI for July is reported at 49.0, which is in line with estimates and higher than the previous month's figure of 46.3.

Portfolio Pulse from Happy Mohamed

August 01, 2023 | 3:23 pm