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DUST

NUGT

The article discusses trading opportunities in Direxion's leveraged ETFs, NUGT and DUST, amid economic debates and gold's safe-haven status. Goldman Sachs' positive outlook on gold and potential Fed rate cuts could influence these ETFs. NUGT has seen recent losses, while DUST has gained.

Portfolio Pulse from Joshenomoto@benzinga.com

September 04, 2024 | 11:55 am

CIEN

Ciena Corp reported a Q3 revenue decline of 11.8% to $942.3 million, beating estimates. EPS also surpassed expectations. Despite a decline in operating margin, the company showed growth in cloud services. CFO James Moylan announced his retirement, effective in 2025.

Portfolio Pulse from Anusuya Lahiri

September 04, 2024 | 11:54 am

PD

PagerDuty's shares fell after reporting disappointing Q2 sales results. Additionally, Baird and B of A Securities reduced their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:47 am

CNM

Core & Main's shares dropped after the company reported disappointing Q2 financial results and lowered its FY24 net sales guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:46 am

ASAN

Asana's shares declined following the release of Q2 financial results and Q3 guidance, both of which fell short of estimates. Additionally, the company's FY24 revenue guidance was below expectations.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:45 am

ASND

Ascendis Pharma's shares declined following disappointing Q2 sales results and a reduction in FY24 revenue guidance for its SKYTROFA product.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:44 am

DAKT

Daktronics reported a Q1 2025 GAAP EPS loss of $(0.11) and sales of $226.088 million, missing the analyst estimate of $229.071 million. This represents a decrease from $232.531 million in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:43 am

CRMT

America's Car-Mart reported a Q1 EPS loss of $(0.15), missing the consensus estimate of $0.66, and a significant decrease from last year's $0.63 EPS. However, sales of $347.76M beat the estimate of $338.78M.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:39 am

ZS

Zscaler shares are trading lower after the company reported its Q4 earnings. Additionally, Needham and Baird have both lowered their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:37 am

CME

CME Group reported a 31% increase in average daily volume (ADV) in August, reaching 31.7 million contracts. The company set multiple ADV records across asset classes, including interest rates, equity index, agricultural, and foreign exchange.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:36 am