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YELL

Shares of Yellow Corporation were halted on a circuit breaker to the upside, with the stock now up 27.3%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 3:13 pm

TRN

Trinity Industries Inc (NYSE:TRN) reported Q2 FY23 revenue growth of 73% Y/Y to $722.4 million, beating the consensus of $613.9 million. However, its adjusted EPS of $0.23 missed the consensus of $0.33. The company's operating profit and adjusted EBITDA also increased. Despite positive industry trends expected in the second half of the year, the company's shares are trading lower by 8.43% at $24.01.

Portfolio Pulse from Lekha Gupta

August 01, 2023 | 3:11 pm

SNMP

Trading has resumed for Evolve Transition Infrastructure, previously known as Sanchez Midstream Partners (SNMP).

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 3:10 pm

GSK

The FDA has approved GSK plc's Jemperli in combination with carboplatin and paclitaxel for primary advanced or recurrent endometrial cancer. The approval is supported by interim analysis results from a phase 3 trial, which demonstrated a significant benefit in patients treated with Jemperli. Despite the approval, GSK shares are down 1.04% at $35.20.

Portfolio Pulse from Vandana Singh

August 01, 2023 | 3:08 pm

F

HYMTF

TSLA

WKSP

Ford Motor (F) has revealed that its EV transformation will result in a $4.5 billion loss this year, despite an increase in EV revenue. Meanwhile, Worksport Ltd (WKSP) has started production at its U.S. facility ahead of schedule. Ford's EV segment loss has more than doubled compared to last year. Worksport's innovative technology could contribute to a shift in the EV market. Hyundai Motor Company (HYMTF) will be the first automaker to equip its Santa Cruz with Worksport’s proprietary solar-powered technology. The race to catch up to Tesla (TSLA), the EV King, is on.

Portfolio Pulse from Upwallstreet

August 01, 2023 | 3:07 pm

PFE

Pfizer Inc has reported a Q2 adjusted EPS of $0.67, down 67% Y/Y, but beating the consensus of $0.57. The company reported sales of $12.73 billion, down 54% Y/Y, primarily due to decreased sales from Paxlovid and Comirnaty. Pfizer revises FY23 revenue guidance to $67 billion - $70 billion, versus the consensus of $67.30 billion and prior guidance of $67-$71 billion. PFE shares are down 0.03% at $36.04 on the last check Tuesday.

Portfolio Pulse from Vandana Singh

August 01, 2023 | 3:05 pm

WW

WW International has seen a significant option alert for January 19 $5 calls. A total of 200 contracts were traded near the ask price of $7.3, compared to an open interest of 2630. The company is set to announce its earnings on August 3, after the market closes. The reference price is $11.7.

Portfolio Pulse from Charles Gross

August 01, 2023 | 3:03 pm

AAVEUSD

BTCUSD

COMPUSD

ETHUSD

Bitcoin and Ethereum traded lower, falling below key levels of $29,000 and $1,900 respectively. The global crypto market cap fell to $1.17 trillion, a 24-hour decline of 1.6%. Compound and Aave were among the biggest losers, while Bone ShibaSwap was the top gainer.

Portfolio Pulse from Lisa Levin

August 01, 2023 | 3:02 pm

DBVT

DBV Technologies has received FDA support for its COMFORT Toddlers and COMFORT Children supplemental safety studies for peanut allergies. The studies will enroll children aged 1-7 years and aim to support the efficacy results from the EPITOPE and VITESSE Phase 3 pivotal studies. The company reported Q2 sales of $2.28 million, up from $1.53 million a year ago, and an EPS loss of $(0.26), down from $(0.35) a year ago. DBVT shares are up 8.11% at $1.60 during the premarket session.

Portfolio Pulse from Vandana Singh

August 01, 2023 | 2:59 pm

MRK

Merck & Co Inc reported Q2 sales of $15.04 billion, up 3% Y/Y, beating the consensus of $14.39 billion. The company swung into a loss due to a $4.02 per share acquisition charge for Prometheus Biosciences. However, Merck raised its FY23 revenue outlook to $58.6-$59.6 billion, up from the previous guidance of $57.7-$58.9 billion. MRK shares are up 1.74% in premarket trading.

Portfolio Pulse from Vandana Singh

August 01, 2023 | 2:56 pm