Streetbeat News

Stock Prices

CURO

DBVT

ECOR

TCS

Insiders at four penny stocks, namely electroCore, Inc. (ECOR), DBV Technologies S.A. (DBVT), The Container Store Group, Inc. (TCS), and CURO Group Holdings Corp. (CURO), have recently made notable purchases of their companies' shares. This could indicate their confidence in the companies' prospects. ECOR announced an $8.145 million registered direct offering and concurrent private placements. DBVT posted a narrower loss for Q2. TCS reported worse-than-expected Q1 financial results. CURO posted a wider-than-expected quarterly loss.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 2:51 pm

AAPL

AMZN

FLR

IEP

OMI

Amazon, Owens & Minor, Apple, Icahn Enterprises, and Fluor Corporation are the stocks to watch heading into Friday. Amazon reported upbeat Q2 results and issued strong guidance, causing its shares to jump 8.7%. Apple reported better-than-expected Q3 earnings but saw a decline in iPhone, Mac, and iPad revenues, leading to a 2.1% fall in shares. Owens & Minor, Icahn Enterprises, and Fluor Corporation are expected to post their quarterly earnings.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 2:51 pm

PPL

PPL Corporation is expected to report higher Q2 earnings at 32 cents per share, up from 30 cents per share a year ago, with revenues of $1.27 billion. The company's shares fell 2.6% to close at $26.63 on Thursday. Recent analyst ratings have varied, with price targets ranging from $28.5 to $33.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 2:51 pm

TRIN

Trinity Capital has announced the pricing of its $75M public offering of common stock at $14.45 per share.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:50 pm

META

Meta Platforms Inc.'s social media platform, Threads, has seen a significant drop in daily active users, with an 82% decline since its peak at 44 million users on launch day. Currently, only around eight million people remain active on the platform each day. Elon Musk, owner of Twitter, now rebranded as 'X', has criticized Threads for being boring.

Portfolio Pulse from Ananya Gairola

August 04, 2023 | 2:50 pm

ERJ

Embraer's 2Q23 deliveries increased by 47% YoY, totaling 17 commercial and 30 executive jets. Compared to 2Q22, the delivery volume increased by 55% in Commercial Aviation and 43% in Executive Jets. The firm order backlog ended the period at US$ 17.3 billion.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:50 pm

TSLA

Bernstein analyst Eunice Lee has raised her price target for Chinese EV manufacturer Li Auto to $50, suggesting a potential 12.6% gain from Wednesday’s close. Li Auto's shares hit a 52-week high of $46.81 on Thursday. Despite industry-wide challenges, Li Auto outperformed its competitors, delivering the most cars among Chinese EV makers in July. Lee anticipates further growth, citing stronger exports and domestic demand in Q2 2023.

Portfolio Pulse from Benzinga Neuro

August 04, 2023 | 2:50 pm

DOGEUSD

PEPEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has outperformed Dogecoin (CRYPTO: DOGE) and Pepe Coin (CRYPTO: PEPE), rising by 3% in the last 24 hours. This follows an announcement by Shiba Inu's lead developer of plans to integrate Self-Sovereign Identity (SSI) into its protocols, enhancing network security and user control over digital identities. Meanwhile, DOGE and PEPE have dropped by 0.98% and 2.01% respectively.

Portfolio Pulse from Mehab Qureshi

August 04, 2023 | 2:50 pm

LOPE

Grand Canyon Education has projected its FY23 EPS to be between $6.59 and $6.77, higher than the estimated $6.47. The company also expects its revenue to range from $948.7 million to $955.7 million, which is slightly below the estimated $952.77 million.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:50 pm

ABC

WBA

Walgreens Boots Alliance (WBA) has sold shares of AmerisourceBergen Corporation (ABC) for initial proceeds of $1.6 billion, with potential additional proceeds at maturity. The sale was executed through prepaid variable share forward transactions. ABC concurrently repurchased shares worth $250 million. The proceeds will be used primarily for debt paydown and general corporate purposes.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:50 pm