Streetbeat News

Stock Prices

ELV

Elevance Health reported better-than-expected Q2 financial results and raised its guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:53 pm

GME

GameStop Corp. (NYSE:GME) shares recorded gains on Tuesday, with the stock rising over 34% this year. Options traders expect the stock to continue rallying through the end of July. Ryan Cohen bought 443,842 shares of GameStop’s stock last month at an average price of $22.53 per share.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:51 pm

AAPL

Apple Inc. (AAPL) is currently in two bullish patterns, indicating a likely short-term positive trend. The patterns, a rising channel and an inside bar formation, suggest a period of consolidation followed by a continuation in the direction of the current trend. However, the upcoming Federal Reserve decision on interest rates may increase market volatility. Apple's stock has been in a consistent uptrend since March 2, with resistance above at $194.48 and $200, and support below at $189.61 and $182.94.

Portfolio Pulse from Melanie Schaffer

July 19, 2023 | 12:50 pm

DWAC

SPY

A U.S. judge has rejected Donald Trump's request for a new trial in writer E. Jean Carroll's lawsuit that ended with a $5M damages award. The news may indirectly affect the stock of Digital World Acquisition Corp. (DWAC), the SPAC that plans to merge with Trump's social media company.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:50 pm

AMRN

Amarin Corporation has initiated an organizational restructuring program and issued lower interim Q2 revenues, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:48 pm

AMD

NVDA

Large-scale cloud service providers are reportedly considering AMD's Mi300 series of AI GPUs as an alternative to Nvidia's GPUs, such as the H100, which are already in short supply, according to industry sources.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:48 pm

ARE

ASTS

CNC

FRT

INCY

STNE

TSLA

Jim Cramer, host of CNBC's 'Mad Money Lightning Round', shared his views on several stocks. He recommended Federal Realty Investment Trust (FRT) over Alexandria Real Estate Equities (ARE), advised against investing in AST SpaceMobile (ASTS), and expressed preference for Tesla (TSLA). He found StoneCo (STNE) to be okay, but was less enthusiastic about Centene Corporation (CNC) following the passing of Michael Neidorff. He also mentioned that Incyte Corporation (INCY) is a good company despite its recent downturn.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 12:42 pm

GS

Goldman Sachs Group Inc (GS) reported a 60% Y/Y drop in Q2 EPS to $3.08, missing consensus estimates. Net revenues were $10.90 billion, 8% lower than Q2 2022 and 11% lower than Q1 2023, due to lower revenues in Global Banking & Markets and Asset & Wealth Management. The company also took a writedown of $504 million tied to its GreenSky business and $485 million related to its consolidated real estate investments. GS shares are down 1.56% in premarket trading.

Portfolio Pulse from Vandana Singh

July 19, 2023 | 12:42 pm

CFG

Citizens Financial Group (NYSE:CFG) reported Q2 FY23 sales growth of 5% YoY to $2.09 billion, missing the analyst consensus of $2.10 billion. Adjusted net income was $531 million, down from $595 million last year. Adjusted EPS of $1.04 beat the analyst consensus of $1.01. The company declared a quarterly common stock dividend of $0.42 per share. CFG shares are trading lower by 0.38% at $29.00 premarket.

Portfolio Pulse from Shivani Kumaresan

July 19, 2023 | 12:40 pm

ATVI

Activision Blizzard has announced that it continues to expect at least high-single digit year-on-year growth in net bookings and total segment operating income for 2023.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:39 pm