Streetbeat News

Stock Prices

SPY

The USA Import Price Index for June has decreased by 0.2%, which is more than the estimated decrease of 0.1%, and less than the prior decrease of 0.6%.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 12:30 pm

JPM

KBE

KRE

XLF

JPMorgan Chase's CFO has stated that the company expects its net interest income run rate to be substantially lower in the future. However, he also suggested that the banking industry has passed the worst of the recent crisis.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 12:28 pm

DBX

HOOD

PINS

SNX

Insiders at Pinterest (PINS), Dropbox (DBX), Robinhood Markets (HOOD), and TD SYNNEX (SNX) have recently sold significant amounts of shares. While insider sales can sometimes indicate concern about a company's prospects, they can also be part of a preplanned sale. Recent developments for these companies include a stock upgrade for Pinterest by Wells Fargo, the announcement of new AI-powered products by Dropbox, multiple firms raising their price targets for Robinhood, and TD SYNNEX reporting worse-than-expected Q2 financial results.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 12:22 pm

NRIX

Nurix Therapeutics reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 12:17 pm

ACAD

AEHR

AIMD

LUNR

NKLA

Aehr Test Systems (NASDAQ:AEHR) shares rose 4.4% in pre-market trading after reporting better-than-expected results for its fourth quarter. The company expects FY24 revenue to be at least $100 million and GAAP net income of at least $28 million. Other notable pre-market movers include Ainos, Inc. (NASDAQ:AIMD), Intuitive Machines, Inc. (NASDAQ:LUNR), Nikola Corporation (NASDAQ:NKLA), and ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD).

Portfolio Pulse from Lisa Levin

July 14, 2023 | 12:16 pm

LILM

Lilium has announced the pricing of an upsized $192 million offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 12:16 pm

LESL

Leslie's has issued preliminary Q3 2023 adjusted EPS and sales results that are below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 12:15 pm

UUP

Economist Peter Schiff warns that the dollar index's fall to a 1-year low could reverse progress on inflation. He predicts the index could drop to 90, pushing oil prices above $100 and increasing U.S. import costs. The Invesco DB US Dollar Index Bullish Fund (NYSE:UUP) fell 0.68% to $27.57.

Portfolio Pulse from Shanthi Rexaline

July 14, 2023 | 12:15 pm

T

TELUS has issued FY23 adjusted EPS and revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 12:13 pm

ELAN

Elanco Animal Health's shares are trading higher following the announcement that the Environmental Protection Agency (EPA) has completed its review of the Seresto collar and confirmed its continued registration.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 12:12 pm