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AAPL

AMZN

The article discusses the recent earnings reports of Apple (AAPL) and Amazon (AMZN), and the potential impact on the broader market. The author notes a shift from bullish to bearish market breadth indicators, suggesting a potential downturn for growth stocks. Both AAPL and AMZN showed similar technical setups before their earnings reports, but had different reactions afterwards. AAPL gapped down after earnings, while AMZN gapped up but ended the day near its low. The author suggests that the lack of buying power could lead to further downside for these and other growth stocks.

Portfolio Pulse from David Keller

August 08, 2023 | 2:52 pm

BR

Broadridge Financial Solutions reported better-than-expected Q4 adjusted EPS results and issued FY24 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 2:47 pm

FTEL

Fitell Corp's shares have started trading at $4.98 per share, slightly below the IPO price of $5 per share.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 2:46 pm

CHE

Chemed (NYSE:CHE) has announced a quarterly dividend of 40 cents per share, which will be paid out to shareholders on September 05, 2023. The stock will go ex-dividend on Friday, meaning it will likely open 40 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 2:45 pm

VOD

Vodafone Group Inc. (NASDAQ:VOD) is currently trading at $9.21, after a 1.71% drop. The stock has fallen by 1.18% over the past month and by 37.94% over the past year. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E of the Wireless Telecommunication Services industry, which could indicate that the stock is undervalued or that shareholders do not expect it to perform well in the future.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 2:45 pm

GNE

Genie Energy (NYSE:GNE) announced it will pay a quarterly dividend of 7.5 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 7.5 cents lower. Shareholders owning GNE by the end of Thursday's session will be eligible for the dividend, which will be paid out on August 21, 2023.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 2:45 pm

ARKR

CHS

CURV

KBH

VIRC

Benzinga Insights has identified five value stocks in the consumer cyclical sector that may be worth watching: Torrid Holdings (NYSE:CURV), KB Home (NYSE:KBH), Chico's FAS (NYSE:CHS), Virco Mfg (NASDAQ:VIRC), and Ark Restaurants (NASDAQ:ARKR). The selection is based on low P/E multiples and recent earnings per share and dividend yield data.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 2:43 pm

FTEL

Fitell Corp's IPO is indicating $3.90 on 88K shares, which is lower than the IPO price of $5 on 3M shares.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 2:43 pm

J

Jacobs Solutions Inc (NYSE:J) reported Q3 FY23 revenue growth of 9.4% Y/Y to $4.19 billion, beating the consensus of $4.05 billion. However, adjusted EPS from continuing operations declined by 2.2% Y/Y to $1.82, missing the consensus of $1.84. The company's backlog increased by 2.9% Y/Y to $28.9 billion. Jacobs Solutions reaffirmed its FY23 adjusted EBITDA outlook at $1.42 billion-$1.47 billion and adjusted EPS of $7.25-$7.45.

Portfolio Pulse from Lekha Gupta

August 08, 2023 | 2:42 pm

HIMX

KOSS

MNDO

RELL

VLD

Benzinga Insights has identified five notable value stocks in the technology sector based on quantified analysis. These include Koss (KOSS), Himax Techs (HIMX), MIND C.T.I. (MNDO), Velo3D (VLD), and Richardson Electronics (RELL). The companies' recent earnings per share and dividend yields have been reported, with some experiencing decreases and others increases.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 2:41 pm