Streetbeat News

Stock Prices

INTC

Intel Corporation (NASDAQ:INTC) is expected to report a Q2 loss of 3 cents per share, compared to a profit of 29 cents per share a year ago. Revenue is projected to be $10.97 billion. Intel's stock closed at $34.36 on Wednesday, up 0.8%. Several analysts have recently updated their price targets for Intel, with targets ranging from $33 to $36.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 1:24 pm

ABVC

ABVC BioPharma has announced the pricing of a $1.75 million registered direct offering of 500,000 shares at $3.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 1:24 pm

TXT

Textron reported strong Q2 results and raised its financial outlook, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 1:19 pm

CCL

CUK

NCLH

Cruise stocks are trading higher following Royal Caribbean's strong Q2 results and increased guidance. This includes Carnival Corporation (CCL), Carnival PLC (CUK), and Norwegian Cruise Line Holdings (NCLH).

Portfolio Pulse from Bill Haddad

July 27, 2023 | 1:18 pm

RCL

Royal Caribbean reported strong Q2 results and increased its guidance, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 1:16 pm

ASXC

Trading of Asensus Surgical shares has resumed.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:15 pm

DTST

Data Storage Corporation (NASDAQ:DTST) has secured a multi-year, subscription-based contract with one of the largest food distributors in the United States. The company will provide managed disaster-recovery solutions for the client to reduce recovery time of critical data and resume normal business operations more quickly.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:13 pm

BMY

Bristol-Myers Squibb reported worse-than-expected Q2 results and lowered its FY23 guidance, leading to a drop in its share price.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 1:13 pm

CROX

Crocs Inc reported Q2 FY23 sales growth of 11.2% YoY to $1.07 billion, beating the analyst consensus. The company raised its FY23 sales forecast and adjusted EPS outlook. Despite the positive report, CROX shares are trading lower by 5.06% in premarket.

Portfolio Pulse from Shivani Kumaresan

July 27, 2023 | 1:13 pm

CELU

Celularity Inc. (NASDAQ:CELU) has announced a registered direct offering of 8,571,428 shares and warrants at a price of $0.35 per unit, resulting in total gross proceeds of approximately $3 million. The warrants will be exercisable six months after issuance and will expire five years after the initial exercise date. The closing of the offering is expected to occur on July 31, 2023.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:12 pm