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ZM

Zoom Video Communications shares are experiencing an upward trend due to strong Q2 financial results that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:43 pm

AMS

American Shared Hospital Services (AMS) experienced a trading halt, but its stock surged by 31.91% after trading resumed. The reasons behind the halt and subsequent price increase are not detailed in the article.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:43 pm

SPY

The Federal Reserve's Harker indicates that markets have already adjusted to anticipated Fed actions. Inflation is decreasing but will take time to reach the 2% target. Future Fed rate cuts could alleviate pressure on the housing sector. Unemployment is expected to rise slightly, and the commercial real estate sector is under observation. The job market is mostly normalized, with no major financial stability concerns.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:42 pm

AMS

American Shared Hospital Services (AMS) shares have resumed trading. This development may impact the stock's short-term price movement.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:42 pm

SPY

Philadelphia Fed President Patrick Harker suggests the Federal Reserve is prepared to begin cutting interest rates, advocating for a gradual and methodical approach. He believes the current monetary policy is well-positioned and not overly restrictive. Harker anticipates the end of the easing cycle could see the federal funds rate around 3%. Business contacts prefer a predictable pace of easing, and the end of the balance sheet drawdown will be market-determined.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:41 pm

ITUB

Itau Unibanco shares fell after UBS downgraded the stock from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:40 pm

AMS

American Shared Hospital Services (AMS) experienced a significant stock price increase, with shares halted to the upside and a rise of 45.72%.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:33 pm

BTCUSD

DOGEUSD

ETHUSD

SCHW

SNOW

Snowflake's stock fell 8% after Q2 earnings, with the CEO downplaying a cyberattack's impact. The Fed's signal of a rate cut led to a rise in Bitcoin, Ethereum, and Dogecoin. Nvidia's earnings are a focal point for the market, while Charles Schwab shares dropped over 4% after TD Bank reduced its stake.

Portfolio Pulse from Akanksha Bakshi

August 22, 2024 | 1:32 pm

CROX

TGT

Crocs Inc (NASDAQ:CROX) shares are climbing following a deal with actress Sydney Sweeney as the global spokesperson for HEYDUDE, a brand owned by Crocs. The stock is also benefiting from an upgrade by Williams Trading and strong results from Target Corp (NYSE:TGT), which sells Crocs products.

Portfolio Pulse from Adam Eckert

August 22, 2024 | 1:31 pm

ALLG

Allego (NYSE:ALLG) has announced the completion of its voluntary delisting from the NYSE, with August 22, 2024, being the last trading day for its shares. The company remains committed to promoting EV adoption in Europe.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:31 pm