Streetbeat News

Stock Prices

ASTS

AST SpaceMobile (NASDAQ:ASTS) is redeeming all outstanding publicly traded warrants at $0.01 per warrant on September 27, following a condition met on August 23. This has led to a 5.92% drop in ASTS stock price.

Portfolio Pulse from Dylan Berman

August 28, 2024 | 4:19 pm

EDAP

EDAP TMS shares rose following the announcement of better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:17 pm

SNOW

Deep-pocketed investors have shown a bearish sentiment towards Snowflake (NYSE:SNOW) through significant options trading activity. The options activity includes 16 puts and 14 calls, with a total trade value of $734,930 and $606,623 respectively. Analysts have mixed ratings on SNOW, with price targets ranging from $130 to $175. The stock is currently down 3.42% at $111.59, and the next earnings report is due in 91 days.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 4:16 pm

PVH

PVH Corp reported better-than-expected Q2 earnings, but its shares fell due to concerns over continued softness in the US and China markets. Despite raising full-year earnings guidance, the company expects revenue declines and a challenging macroeconomic environment.

Portfolio Pulse from Priya Nigam

August 28, 2024 | 4:12 pm

INTC

Intel has announced the recommended customer pricing for its Intel Xeon W processor family, with prices ranging from $609 for the Xeon W3-2525 to $5,889 for the Xeon W9-3595x.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:09 pm

MU

NVDA

SMCI

Micron Technology Inc (MU) shares are down 4.6% amid sector-wide pressure on semiconductor stocks, influenced by SMCI's financial misconduct allegations and NVIDIA's anticipated earnings report. The semiconductor sector is experiencing volatility due to these developments.

Portfolio Pulse from Henry Khederian

August 28, 2024 | 4:09 pm

UTME

UTime shares are experiencing a decline after reports emerged that the company has signed a non-disclosure agreement (NDA) to acquire Bowen Therapeutics.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:07 pm

SBUX

Berjaya Food Bhd., the operator of Starbucks in Malaysia, reported a significant net loss due to anti-Israel boycotts, swinging from a profit to a loss in the latest quarter. The sentiment related to the Middle East conflict has impacted U.S.-based fast food brands, including Starbucks and McDonald's, in various regions.

Portfolio Pulse from Nabaparna Bhattacharya

August 28, 2024 | 4:06 pm

LI

NIO

XPEV

Chinese EV stocks, including Li Auto, are experiencing a decline in share prices due to mixed earnings results and soft future guidance from Li Auto.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:05 pm

SMCI

A Hindenburg short report accuses Super Micro Computer (SMCI) of accounting manipulation and other issues, but a JPMorgan analyst finds limited evidence supporting these claims. The analyst believes the report doesn't alter the medium-term revenue outlook for SMCI, despite highlighting areas for corporate governance improvement.

Portfolio Pulse from Michael Juliano

August 28, 2024 | 4:04 pm