Streetbeat News

Stock Prices

PATH

UiPath shares rise as the company reports strong Q2 results, surpasses FY25 revenue guidance expectations, and expands its stock repurchase program by $500 million.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:27 am

IOT

Samsara's shares rose following the release of strong Q2 financial results and an upward revision of its FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:27 am

AVGO

Broadcom shares are experiencing a decline in trading following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:26 am

CDAQU

Trading for an unspecified asset was halted at 7:25 a.m. ET due to pending news. The article hints that CDAQU may be involved.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:25 am

CDAQ

Trading has been halted at 7:25:00 a.m. ET due to pending news. This halt affects the CDAQ, which may indicate significant news is forthcoming.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:25 am

CDAQW

Trading has been halted for a security at 7:25:00 a.m. ET due to pending news. This could indicate significant upcoming information that may impact the security's price.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:25 am

BLMZ

BloomZ Inc. (NASDAQ:BLMZ) shares surged premarket after announcing a partnership with CrossVision Inc., a Japanese digital entertainment company. The collaboration aims to integrate BloomZ's animation expertise with CrossVision's Web 3.0 technology to enhance fan engagement through blockchain and metaverse events.

Portfolio Pulse from Lekha Gupta

September 06, 2024 | 11:23 am

INTC

MBLY

Intel is considering selling up to 88% of its stake in Mobileye amid financial pressures, as both companies face significant stock declines. Mobileye has struggled with reduced auto production and weak demand from China, while Intel's Network and Edge business has seen revenue drops. Intel is also exploring options for its enterprise networking division and seeking to boost its contract chip business.

Portfolio Pulse from Anusuya Lahiri

September 06, 2024 | 11:22 am

BRC

Brady Corporation's Board of Directors has approved an additional $100 million for share repurchase, equating to about 1.5 million shares or 3% of outstanding shares at current prices.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 11:14 am

BRC

Brady Corporation has provided its financial guidance for FY25, expecting adjusted EPS to range from $4.40 to $4.70, surpassing the $4.42 estimate. The company anticipates GAAP earnings per share to increase by 2.0% to 9.3% compared to the previous year. The guidance includes a 20% tax rate and capital expenditures of $35 million.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 11:08 am