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CORN

SOYB

SPY

VGK

WEAT

Ukraine's Foreign Ministry reports that 180,000 of grain crops were destroyed in nine days due to Russian strikes. This could potentially impact the global grain market.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 1:09 pm

HUN

Huntsman Corporation (HUN) is expected to report a sharp decline in its Q2 earnings, with analysts predicting earnings of 30 cents per share, down from $1.28 per share a year ago. The company's revenue is expected to be around $1.7 billion. Huntsman shares rose 2.1% to close at $29.74 on Friday. Several analysts have recently adjusted their price targets for the company, with changes ranging from a decrease to $29 to an increase to $33.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 1:09 pm

DIS

NKE

Disney (DIS) stock is trading higher amid reports of the company engaging former executives Kevin Mayer and Tom Staggs as advisors to CEO Bob Iger to deal with legacy television businesses, including ESPN. Mayer and Staggs, who now run Candle, a media group backed by Blackstone Inc (BX), will also work with ESPN president Jimmy Pitaro to explore strategic options for the sports channel. The Disney board has appointed a four-person committee, led by Mark Parker, the former Nike, Inc (NKE) chief and current chair of Disney's board, to find Iger's successor.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 1:09 pm

SOFI

SoFi Technologies Inc reported a Q2 2023 adjusted revenue increase of 37% Y/Y to $488.8 million, beating the consensus of $478.6 million. The company added nearly 584,000 new members in Q2, bringing its total member count to around 6.2 million. Adjusted EBITDA rose significantly to $76.8 million. The company raised its outlook for 2023 and expects adjusted net revenue of $1.974 billion-$2.034 billion. SOFI shares are trading higher by 9.8% at $10.49 premarket.

Portfolio Pulse from Lekha Gupta

July 31, 2023 | 1:08 pm

FUN

Morgan Stanley analyst Thomas Yeh has maintained an Overweight rating on Cedar Fair (NYSE:FUN) but lowered the price target from $53 to $48.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 1:08 pm

SAIA

Saia, Inc. (NYSE:SAIA) reported better-than-expected Q2 earnings of $3.42 per share, beating market estimates of $3.27 per share. The company's quarterly sales were $694.60 million, slightly below expectations of $702.61 million. Following the earnings announcement, several analysts including Barclays, Wells Fargo, Raymond James, Goldman Sachs, and Benchmark raised their price targets on Saia. Saia shares gained 3.7% to close at $425.89 on Friday, and added 3.3% in pre-market trading.

Portfolio Pulse from Lisa Levin

July 31, 2023 | 1:08 pm

ADD

AGAE

BNED

CNXA

EJH

FFIE

POL

TUP

UFAB

WKHS

XPEV

Several consumer discretionary stocks experienced significant movement in Monday's pre-market session. E-Home Household Service, Connexa Sports Techs, Barnes & Noble Education, Faraday Future, Tupperware Brands, and Workhorse Gr saw their stocks rise, while Unique Fabricating, Polished.com, XPeng, Color Star Tech, QuantumScape, and Allied Gaming saw their stocks fall.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:06 pm

ALLR

BTTX

CKPT

CTXR

During Monday's pre-market session, several healthcare stocks experienced significant movement. Allarity Therapeutics, Better Therapeutics, Xtant Medical Hldgs, Compass Therapeutics, T2 Biosystems, and Calliditas Therapeutics saw gains, while Checkpoint Therapeutics, Citius Pharma, OKYO Pharma, Navidea Biopharmaceutical, Sonnet BioTherapeutics, and Pluri experienced losses.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:06 pm

ACHR

AREB

ATXG

CISS

EOSE

NKLA

POLA

PSHG

SYM

VIVK

WLGS

XOS

During Monday's pre-market session, several industrials stocks experienced significant movement. Gainers included C3is, Eos Energy Enterprises, Archer Aviation, Symbotic, Nikola, and Addentax Group, with increases ranging from 6.51% to 15.4%. Losers included Vivakor, Performance Shipping, Polar Power, WANG & LEE Group, American Rebel Holdings, and Xos, with decreases ranging from 3.69% to 6.9%.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:06 pm

AEY

BLND

FOXO

NEWR

In Monday's pre-market session, several information technology stocks saw significant movement. FOXO Technologies, Nano Labs, New Relic, Castellum, XIAO-I, and Weave Communications were among the gainers, with increases ranging from 7.57% to 102.9%. On the other hand, Blend Labs, Sigma Additive Solutions, Addvantage Technologies, Baijiayun Group, AEye, and Maris Tech experienced decreases ranging from 3.39% to 6.1%.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:06 pm