Streetbeat News

Stock Prices

ROKU

Roku, Inc. (NASDAQ:ROKU) shares are trading lower ahead of its Q2 earnings report. The company is expected to report a loss of $1.27 and revenue of $773.43 million. The stock experienced above-average trading volume and increased short interest. Morgan Stanley analyst Benjamin Swinburne reiterated Roku with an Underweight rating and maintained the $50 price target.

Portfolio Pulse from Ryan Gustafson

July 27, 2023 | 7:41 pm

CCL

RCL

Carnival Corporation (CCL) shares are trading higher after Royal Caribbean (RCL) reported strong Q2 results and increased its guidance. Royal Caribbean's Q2 earnings of $1.82 per share and sales of $3.52 billion beat analyst consensus estimates. The company also raised its 2023 EPS guidance from $4.40-$4.80 to $6.00-$6.20, and expects Q3 EPS between $3.38 and $3.48.

Portfolio Pulse from Ryan Gustafson

July 27, 2023 | 7:36 pm

INTC

Intel Corporation (NASDAQ:INTC) is set to report its Q2 earnings after the market close. The company is expected to report a loss of three cents per share and revenue of $10.97 billion. Rosenblatt analyst Hans Mosesmann reiterated Intel with a Sell and maintained the $17 price target. Shares of INTC were up 0.3% at $34.37 at the time of publication.

Portfolio Pulse from Ryan Gustafson

July 27, 2023 | 7:35 pm

SPY

The market on close imbalance is leaning towards the buy side with $105M. This could potentially impact the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:34 pm

AMGN

A large investor has taken a bearish stance on Amgen (NASDAQ:AMGN), with 60% of big-money traders also showing bearish sentiment. The whale's activity was noticed through publicly available options history. The whale and other big-money traders have been targeting a price range from $200.0 to $300.0 for Amgen over the last 3 months. Barclays, Oppenheimer, and Credit Suisse have maintained their ratings on Amgen, with price targets of $210, $280, and $200 respectively.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 7:31 pm

ODFL

A significant bullish stance has been taken on Old Dominion Freight Line (NASDAQ:ODFL) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $340.0 to $470.0 for ODFL over the last 3 months. The current price of ODFL is down -1.82% at $413.11. Several financial institutions have maintained or upgraded their ratings on ODFL.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 7:31 pm

EOSE

Shares of Eos Energy Enterprises Inc (NASDAQ:EOSE) fell more than 50% following a short report from Iceberg Research. The report alleges that a majority of Eos's backlog is from financially distressed Bridgelink, whose assets were foreclosed in May. Iceberg claims that Eos failed to inform investors about this, stating that 62% of Eos's backlog is attributable to Bridgelink.

Portfolio Pulse from Aaron Bry

July 27, 2023 | 7:31 pm

ICE

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years, producing an average annual return of 12.68%. If an investor had bought $1000 of ICE stock 15 years ago, it would be worth $5,776.55 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 7:30 pm

JCI

Johnson Controls Intl (NYSE:JCI) has outperformed the market over the past 15 years, producing an average annual return of 11.51%. An investment of $1000 in JCI 15 years ago would be worth $5,032.05 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 7:30 pm

TREE

LendingTree reported worse-than-expected Q2 sales results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 7:29 pm