Streetbeat News

Stock Prices

LOW

A significant investor has taken a bearish stance on Lowe's Companies (NYSE:LOW), with 71% of recent trades being bearish. The price range targeted by these investors over the last 3 months is $130.0 to $270.0. The current price of LOW is down -2.37% at $193.46. Truist Securities and Telsey Advisory Group have maintained their Buy and Market Perform ratings respectively, while HSBC has downgraded its action to Hold.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 8:45 pm

STLD

Steel Dynamics has expressed a constructive outlook on the North American steel market, based on domestic steel fundamentals.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:41 pm

LBRT

Liberty Energy has announced that it expects Q4 trends to show seasonal softness, winter weather, and holiday disruptions. However, the company also anticipates that the recent strengthening of commodity prices will drive a modest increase in activity beginning in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:41 pm

LVS

Las Vegas Sands Corp. (NYSE:LVS) reported better-than-expected Q3 financial results, with earnings of 55 cents per share and sales of $2.79 billion, beating analyst consensus estimates. The company also announced a $2 billion stock repurchase authorization through Nov. 3, 2025. Shares of LVS were up 4.08% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 18, 2023 | 8:36 pm

NVEC

NVE Corporation reported a year-over-year decrease in Q2 earnings per share (EPS) and sales results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:35 pm

REXR

Rexford Industrial Realty has projected its share of Core FFO to be between $2.16 and $2.18 in 2023.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:34 pm

LRCX

Lam Research reported its Q1 financial results and issued guidance, following which its shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:33 pm

ETHUSD

Ethereum's whale addresses, known as the 'billionaire tier', now hold 32.3% of its total available supply, the highest since 2016. The Ethereum Foundation recently sold 1,700 ETH for USDC 2.76 million. The total number of Ethereum wallets holding some balance has exceeded the 100 million mark. In the past year, ETH prices have increased by 20%.

Portfolio Pulse from Khyathi Dalal

October 18, 2023 | 8:32 pm

SAP

SAP's shares are trading higher following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:32 pm

TSLA

Tesla Inc (NASDAQ:TSLA) reported Q3 revenue of $23.35 billion, up 9% YoY but missing the Street consensus estimate of $24.38 billion. Adjusted EPS was 66 cents, also missing the estimate of 73 cents. The company attributed revenue fluctuations to growth in vehicle deliveries, other business lines, and negative impacts from a lower average selling price and foreign exchange. Tesla reported Q3 production of 430,488 units and deliveries of 435,059 units. The company ended Q3 with $441 million in digital assets, down from $465 million in Q2.

Portfolio Pulse from Chris Katje

October 18, 2023 | 8:31 pm