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TSLA

Tesla's Q2 production and deliveries have significantly increased YoY, with total production up 86% and total deliveries up 83%.

Portfolio Pulse from Bill Haddad

July 19, 2023 | 8:07 pm

NCPL

Netcapital Inc. has announced a proposed public offering of its common stock. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:06 pm

MRTN

Marten Transport (NASDAQ:MRTN) reported Q2 earnings of $0.27 per share, missing the analyst consensus estimate of $0.29 by 6.9%. This is a 30.77% decrease from the same period last year. The company also reported quarterly sales of $195.64 million, missing the analyst consensus estimate of $308.53 million by 36.59%. This is a 40.64% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:06 pm

BAC

JPM

Bank of America Corp (BAC) reported Q2 earnings that beat consensus estimates, driven by higher interest income amid the Federal Reserve's rate hike campaign. The bank reported earnings of 88 cents per share, ahead of the 84 cent Street estimate, on revenues of $25.33 billion. Despite the positive earnings, the bank's net interest income has been under scrutiny due to a slowdown in loan and deposit growth. Analysts from Oppenheimer and BMO Capital Markets have adjusted their price targets for BAC, while Keefe, Bruyette, & Woods gave the bank an Underperform rating.

Portfolio Pulse from AJ Fabino

July 19, 2023 | 8:03 pm

UAL

United Airlines has projected its FY23 adjusted EPS to be between $11 and $12, which is higher than the estimated $9.73.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:03 pm

VSEC

VSE Corporation has announced a public offering of its common stock. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:03 pm

NFLX

Netflix reported Q2 global streaming paid memberships of 238.39 million, marking an 8% YoY increase. The company also saw global streaming paid net additions of 5.89 million.

Portfolio Pulse from Bill Haddad

July 19, 2023 | 8:02 pm

PEP

A significant amount of unusual options activity has been detected for PepsiCo (NASDAQ:PEP), with a mix of bullish and bearish stances. The majority of the trades are calls, with a total amount of $553,401, while puts amount to $104,170. Whales have been targeting a price range from $150.0 to $210.0 for PepsiCo over the last 3 months. The price of PEP is up 0.88% at $186.07. Several financial institutions have maintained their ratings on PepsiCo, with price targets ranging from $195 to $212.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm

SPG

A significant bearish stance has been taken on Simon Property Group (NYSE:SPG) by a whale investor. Out of the 10 unusual trades detected, 70% were bearish and 30% bullish. The total amount for the 8 puts was $391,923 and for the 2 calls was $125,800. The price target range for SPG over the last 3 months has been $110.0 to $130.0. The current price of SPG is up 1.64% at $123.52. UBS, Wolfe Research, and Stifel have maintained their ratings on SPG with price targets of $121, $127, and $139 respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm

HLNE

Hamilton Lane (NASDAQ:HLNE) has received 2 somewhat bullish and 7 indifferent analyst ratings in the last quarter. The average 12-month price target for the company is $80.56, which has increased by 3.79% over the past month.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm