Streetbeat News

Stock Prices

FTCH

Farfetch reported mixed Q2 financial results and issued FY23 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:23 pm

ROST

Ross Stores reported better-than-expected Q2 financial results and issued guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:22 pm

KEYS

Keysight Technologies has issued Q4 adjusted EPS and revenue guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:21 pm

KEYS

Keysight Technologies has revised its Q4 revenue forecast to $1.29B-$1.31B, which is lower than the previous estimate of $1.39B.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:20 pm

EXPR

Express, Inc. has announced a 1-for-20 reverse stock split of its common stock, authorized by the Board of Directors. The split is expected to be effected after market close on August 30, 2023, with shares trading on a split-adjusted basis from August 31, 2023. The move aims to regain compliance with the NYSE's minimum price criteria for continued listing.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 8:20 pm

GLOB

Globant has projected its FY23 earnings per share (EPS) to be $5.72, slightly higher than the estimated $5.71. The company also expects its revenue to be $2.094M, surpassing the estimated $2.07M.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:19 pm

MRNA

Moderna has announced preliminary trial data for its COVID-19 vaccine, indicating effectiveness against the EG.5 and FL.1.5.1 variants. This could potentially boost the company's stock in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:18 pm

AMAT

Applied Materials reported better-than-expected Q3 financial results and issued Q4 EPS and revenue guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:17 pm

AAPL

CAT

EOG

EQT

FDX

LLY

MSFT

PSX

PXD

Market analyst Mark Chaikin discussed the rising bond yields and their impact on the stock market. He noted a shift from growth stocks to cyclicals, with tech giants like Microsoft and Apple acting as indicators. Chaikin also shared his bullish outlook on several sectors and stocks, including EOG Resources, EQT Corp, Phillips 66, Pioneer Natural Resources, FedEx, Caterpillar, and Eli Lilly.

Portfolio Pulse from AJ Fabino

August 17, 2023 | 8:17 pm

EBAY

PYPL

TSLA

Elon Musk's acquisition of X.com and subsequent investments in Tesla Inc (NASDAQ:TSLA) and Twitter have yielded significant returns for investors. A $1,000 investment in Tesla when Musk acquired X.com would be worth $10,633.53 today, a return of 963.4% over the last six years. The same investment in PayPal (NASDAQ:PYPL) would have yielded a 6.3% return, while an investment in Twitter would have resulted in a 195.6% return.

Portfolio Pulse from Chris Katje

August 17, 2023 | 8:16 pm