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PBYI

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

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:42 pm

AMD

Advanced Micro Devices, Inc. (AMD) shares are trading higher by 2.1% to $115.53, rebounding after recent weakness due to the company's third-quarter guidance being below estimates. AMD reported Q2 non-GAAP earnings per share of 58 cents, beating the consensus estimate of 52 cents. However, this was down 44.76% YoY and 3.33% lower than Q1. The company's revenue fell 17.56% YoY but rose 0.94% sequentially to $5.36 billion.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 3:42 pm

ADMP

COOK

DRVN

IDAI

TUP

Benzinga's Stock Whisper Index has identified five stocks that warrant attention for the week of Aug. 5, 2023. These include Tupperware Brands Corporation (TUP), which recently announced a debt restructuring agreement; Adamis Pharmaceuticals Corporation (ADMP), which sold assets and announced a collaboration; T-Stamp Inc (IDAI), which announced its biometric technology is being implemented by more financial institutions; Traeger Inc (COOK), which reported Q2 financial results; and Driven Brands Holdings Inc (DRVN), which saw shares drop after Q2 results and lowered full-year guidance.

Portfolio Pulse from Chris Katje

August 04, 2023 | 3:42 pm

CLMT

Calumet Specialty Products Partners LP (CLMT) reported a Q2 FY23 sales decline of 28.5% YoY to $1.02 billion, missing the consensus of $1.09 billion. The company also reported a net loss per unit of $(0.23), missing the consensus of $(0.07). Adjusted EBITDA was $67.7 million compared to $175.8 million a year ago. The company's shares are trading lower by 1.33% at $15.80.

Portfolio Pulse from Akanksha Bakshi

August 04, 2023 | 3:42 pm

GDDY

GoDaddy reported worse-than-expected Q2 financial results and issued Q3 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:42 pm

RETO

Shares of ReTo Eco-Solutions were halted on a circuit breaker to the upside, but the stock is now down by 31.4%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:42 pm

MF

Trading of shares for Missfresh has resumed.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:42 pm

NKLA

Nikola Corp has announced that it expects to deliver between 60 and 90 trucks in the third quarter, according to Reuters.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:42 pm

TEAM

Atlassian Corp (NASDAQ:TEAM) reported upbeat results for its fiscal fourth quarter, leading to a surge in its shares. Analysts from Mizuho Securities, Truist, Morgan Stanley, and JMP Securities provided positive feedback on the results, with Mizuho and Truist raising their price targets. Atlassian's total revenues grew by 24% YoY, exceeding the Street's estimate of 20%. The company also saw strong cloud migrations and better-paid user expansion.

Portfolio Pulse from Priya Nigam

August 04, 2023 | 3:41 pm

RBA

RB Global reported its Q2 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:41 pm