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FLNT

Fluent shares declined following the release of disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:29 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

SOLUSD

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are down but holding crucial trend lines, suggesting potential for a reversal. Bitcoin's large transaction volume increased, while daily active addresses decreased. Analysts predict Bitcoin could reach $116,000, despite current bearish trends.

Portfolio Pulse from Khyathi Dalal

August 19, 2024 | 8:28 pm

FN

Fabrinet shares rose following the release of their Q4 financial results, which exceeded expectations, along with strong future guidance.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:25 pm

FN

Fabrinet (NYSE:FN) reported Q4 2024 earnings per share of $2.41, surpassing the analyst estimate of $2.24. The company's sales reached $753.261 million, exceeding the expected $732.220 million and marking a 14.85% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:23 pm

ETHUSD

Kamala Harris leads Donald Trump by 4 points in Polymarket predictions for the 2024 U.S. Presidential Election. Harris has a 51% chance of winning, while Trump has 47%. Trump leads in Georgia and Nevada. $642.9 million has been bet on the election outcome. Trump's crypto portfolio, including $1.3 million in Ethereum, could be impacted by election odds.

Portfolio Pulse from Khyathi Dalal

August 19, 2024 | 8:21 pm

TCOA

The New York Stock Exchange (NYSE) has initiated delisting proceedings against Zalatoris Acquisition Corp. This action suggests potential financial or regulatory issues with the company.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:19 pm

AREC

American Resources Corporation's shares are declining following the release of disappointing Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:18 pm

AREC

American Res (NASDAQ:AREC) reported a Q2 EPS of $(0.09), missing the $(0.07) estimate, and sales of $4.09K, missing the $2.05M estimate. Sales decreased by 99.79% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:17 pm

IWM

The Russell 2000 Index is outperforming large-cap benchmarks, driven by positive economic data and anticipation of Federal Reserve rate cuts. The iShares Russell 2000 ETF Trust (IWM) has surpassed its 50-day moving average, reflecting investor optimism. Small-cap stocks are benefiting from improved earnings and are expected to gain further from potential rate cuts.

Portfolio Pulse from Piero Cingari

August 19, 2024 | 8:14 pm

CUE

Cue Biopharma reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.20), beating estimates by 16.67%, and sales of $2.658M, surpassing expectations by 105.61%. This marks a 92.33% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:12 pm