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CAH

Cardinal Health provided guidance ahead of its investor day and approved a $3.5 billion share repurchase authorization, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 2:19 pm

KIRK

Kirkland's reported Q1 FY23 sales decline of 6.2% YoY to $96.88 million, beating consensus estimates. However, adjusted EPS loss of $(0.95) missed analyst consensus of $(0.79) loss. The company experienced a decrease in same-store sales and e-commerce sales, primarily due to reduced foot traffic.

Portfolio Pulse from Nabaparna Bhattacharya

June 08, 2023 | 2:18 pm

WBD

Warner Bros. Discovery shares are trading higher after CNN CEO Chris Licht stepped down on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 2:17 pm

GME

MSFT

SONY

GameStop's Q1 revenue contracted to $1.24 billion, and its net loss narrowed YoY. The company fired CEO Matthew Furlong without providing a reason and appointed Ryan Cohen as the new executive chairman. GameStop faces intense competition from Microsoft and Sony in the evolving gaming industry.

Portfolio Pulse from Upwallstreet

June 08, 2023 | 2:16 pm

REVG

REV Group reported Q2 FY23 sales growth of 18.2% YoY to $681.2 million, beating consensus estimates. Adjusted EPS of $0.35 also surpassed expectations. The company declared a quarterly cash dividend of $0.05 per share and increased its FY23 outlook. Additionally, the board approved a new $175 million stock buyback program.

Portfolio Pulse from Nabaparna Bhattacharya

June 08, 2023 | 2:11 pm

CVNA

DBI

GME

US stocks opened higher with Dow Jones gaining around 50 points. Initial jobless claims surged to 261,000, the highest level since October 2021. Consumer discretionary shares jumped by 0.7%, with Carvana and Designer Brands as top gainers. Real estate shares fell by 1.4%.

Portfolio Pulse from Lisa Levin

June 08, 2023 | 2:10 pm

AAL

ALK

BA

DAL

JBLU

LUV

SAVE

UAL

The FAA has announced that flights to Philadelphia Airport have resumed after a temporary halt.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 2:09 pm

AAPL

META

MSFT

NFLX

NVDA

SPY

TSLA

Market Clubhouse Morning Memo discusses the stock analysis of SPY, META, NVDA, MSFT, AAPL, NFLX, and TSLA. The analysis is based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests monitoring these stocks for potential breakouts or reversals and adjusting tactics based on the market's pulse.

Portfolio Pulse from RIPS

June 08, 2023 | 2:07 pm

URI

Over the past 3 months, 9 analysts have published their opinion on United Rentals (NYSE:URI) stock, with an average 12-month price target of $431.11. The current average has decreased by 6.3% from the previous average price target of $460.12.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:05 pm

FICO

Over the past 3 months, 9 analysts have published their opinion on Fair Isaac (NYSE:FICO) stock, with an average 12-month price target of $828.22, up 8.85% from the previous average of $760.89. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:05 pm