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QUAD

Quad/Graphics reported Q2 earnings of $0.02 per share, a decrease of 84.62% YoY. The company's quarterly sales were $703.10 million, missing the analyst consensus estimate of $724.10 million by 2.90%. This represents a 7.21% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:29 am

AAVEUSD

BNBUSD

CRVUSD

Crypto research firm Delphi Digital has raised concerns about the potential for a DeFi implosion triggered by the $100 million debt of Curve Finance (CRYPTO: CRV) founder, Michael Egorov. Egorov has a massive loan backed by approximately 427.5 million CRV tokens, which is about 47% of the entire circulating supply of CRV. With CRV's value declining by 10% in the past 24 hours, the stability of Curve Finance is under threat. Egorov also has debts on the Aave (CRYPTO: AAVE) and Frax Finance platforms. Delphi Digital warns that these large positions at risk pose serious concerns to the CRV price considering the low amount of liquidity that exists.

Portfolio Pulse from Murtuza Merchant

August 04, 2023 | 10:29 am

PLTR

A significant amount of unusual options activity has been detected for Palantir Technologies (NYSE:PLTR), with a bearish stance being taken by a 'whale' investor. Of the 58 strange trades detected, 46% were bullish and 53% were bearish. The total amount for puts was $744,163 and for calls was $2,224,566. Whales have been targeting a price range from $3.0 to $42.0 for Palantir over the last 3 months. The current price of PLTR is up 0.76% at $19.99. Wedbush has downgraded its action to Outperform with a price target of $25.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:28 am

USO

The American Petroleum Institute (API) reported a weekly crude stock draw of 15.4 million barrels, significantly higher than the estimated 900,000 barrels.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:28 am

MS

A significant investor has taken a bearish stance on Morgan Stanley (NYSE:MS), with 80% of detected trades being bearish. The whales have been targeting a price range from $77.5 to $110.0 for Morgan Stanley over the last 3 months. The current price of MS is down -0.67% at $90.95. Several financial institutions have maintained their ratings on Morgan Stanley, with price targets ranging from $90 to $110.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:28 am

BXC

BlueLinx Hldgs (NYSE:BXC) reported Q2 adjusted earnings of $2.91 per share, missing the analyst consensus estimate of $3.30 by 11.82%. This is a 61.1% decrease from the same period last year. The company also reported quarterly sales of $815.97 million, missing the analyst consensus estimate of $893.80 million by 8.71%. This is a 34.14% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:28 am

CQP

Cheniere Energy Partners (AMEX:CQP) has outperformed the market over the past 15 years, producing an average annual return of 13.77%. If an investor had bought $1000 of CQP stock 15 years ago, it would be worth $7,005.39 today.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:27 am

TEX

Terex Corporation (NYSE:TEX) reported Q2 earnings of $2.35 per share, beating the analyst consensus estimate of $1.61 by 45.96%. This is a 119.63% increase from the same period last year. The company also reported quarterly sales of $1.40 billion, beating the analyst consensus estimate of $1.26 billion by 11.71%, a 30.28% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:27 am

CRM

Salesforce (NYSE:CRM) has outperformed the market over the past 15 years, producing an average annual return of 18.7%. An investment of $1000 in CRM stock 15 years ago would be worth $13,151.74 today.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 10:27 am

NFLX

Netflix's subscriber count grew from 232 million in Q1 to 238 million in Q2 of 2023. Despite better-than-expected Q2 earnings and an increase in subscribers, Netflix's stock price fell. However, the stock reversed its downward trend, closing 3.10% higher on the subsequent Monday and marking an overall rise of 47% for 2023. Netflix now faces the challenge of surpassing a high of $485 per share and breaking the psychological resistance at the $500 mark.

Portfolio Pulse from Zaheer Anwari

August 04, 2023 | 10:27 am