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LCW

Learn CW Investment Corporation (NYSE:LCW) announced that its Class A Ordinary Shares will be suspended from trading on the NYSE on August 23, 2024, and will commence trading on Nasdaq on August 26, 2024. The company's public warrants and units will remain listed on the NYSE until August 30, 2024, and will start trading in the over-the-counter market on September 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:20 pm

SHIM

Shimmick (NASDAQ:SHIM) reported a significant miss in its Q2 2024 earnings and sales. The company posted an adjusted EPS of $(1.60), far below the analyst estimate of $(0.28). Sales were $90.605 million, missing the $124.150 million estimate and down 41.62% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:18 pm

RMAX

Re/Max's National Housing Report for July 2024 shows a 3.8% increase in home sales from June, while the median sales price dropped by 1.2% to $425,000. Compared to July 2023, home sales were up 6.7% and the median sales price increased by 3.7%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:18 pm

CING

Cingulate Inc. (NASDAQ:CING) shares surged over 159% following the announcement of a European patent for its ADHD treatment, CTx-1301. This patent expands Cingulate's intellectual property to 30 European territories, enhancing its global market presence. The company is also preparing to file a new drug application with the FDA.

Portfolio Pulse from Vaishali Prayag

August 15, 2024 | 8:18 pm

TLT

Interest rate expectations for the Federal Reserve have shifted from a 50-basis-point cut to a more modest 25-basis-point cut due to conflicting economic data. The CME Group’s Fed Watch Tool shows a 75% probability of a 25-basis-point cut. Retail sales surged 1% in July, and unemployment claims fell, indicating a robust economy. Treasury yields have experienced significant volatility, with the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) rallying 9% before pulling back 3%.

Portfolio Pulse from Piero Cingari

August 15, 2024 | 8:17 pm

GLOB

Globant (NYSE:GLOB) reported Q2 2024 adjusted EPS of $1.51, beating the estimate of $1.50. Sales were $587.46M, surpassing the $586.64M estimate. EPS increased by 11.03% YoY, and sales grew by 18.08% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:16 pm

ON

Significant investors have taken a bullish position in ON Semiconductor (NASDAQ:ON), with 60% of the options transactions being bullish. The stock is currently trading at $75.88, up by 6.75%. Analysts have set price targets ranging from $88 to $100. The anticipated earnings release is in 74 days.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:16 pm

PG

Recent unusual options activity for Procter & Gamble (NYSE:PG) has been observed, with a mix of bullish and bearish sentiment. Significant trades include 1 put and 9 calls, with a focus on a price range between $135.0 and $175.0. Analysts have mixed ratings, with price targets ranging from $161 to $189.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:16 pm

HRB

H&R Block (NYSE:HRB) reported Q4 2024 adjusted EPS of $1.89, beating the estimate of $1.74. Sales were $1.063 billion, surpassing the $1.028 billion estimate and showing a 3% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:16 pm

MA

Financial giants have shown significant interest in Mastercard (NYSE:MA) through options trading, with a balanced mix of bullish and bearish trades. The options activity suggests a price range of $380 to $480 for Mastercard. Analysts maintain positive ratings with an average price target of $529.8.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:16 pm