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Stock Prices

AVGO

DQ

JWN

MU

NVDA

PDD

PVH

SCSC

The Dow Jones closed at a record high, while the Nasdaq fell due to a decline in Nvidia's stock ahead of its earnings report. The CNN Money Fear and Greed index remained neutral. Daqo New Energy reported poor results, and PDD Holdings saw a significant drop in stock price. Investors are awaiting earnings from ScanSource, PVH Corp, and Nordstrom.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 6:25 am

EWG

Germany's GDP for Q2 decreased by 0.1%, matching estimates and down from a 0.2% increase in the previous quarter. This economic data could impact the iShares MSCI Germany ETF (EWG), which tracks the performance of the German equity market.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:17 am

AEM

GDX

GLDM

GOLD

IAU

IAUM

NEM

Gold prices are nearing a new record high, with a significant rise in gold mining stocks and ETFs. The VanEck Gold Miners ETF (GDX) and other gold-related ETFs have seen substantial gains this year. Experts predict continued positive trends for gold prices.

Portfolio Pulse from Benzinga Neuro

August 27, 2024 | 6:17 am

PARA

PARAA

WBD

Paramount Global has concluded its 'Go-Shop' period, paving the way for an $8.4 billion merger with Skydance Media, led by David Ellison. Edgar Bronfman Jr.'s consortium withdrew their proposal, allowing the merger to proceed. The deal is expected to close in the first half of 2025.

Portfolio Pulse from Shanthi Rexaline

August 27, 2024 | 6:17 am

EWG

Germany's GDP for Q2 remained flat at 0.0% year-over-year, which is slightly better than the estimated -0.1% and an improvement from the previous -0.2%. This indicates a stabilization in Germany's economic performance.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:17 am

GOTU

Gaotu Techedu (NYSE:GOTU) reported Q2 earnings per share of $(0.23), missing the $(0.21) estimate, but sales of $138.95M beat the $137.45M estimate. This represents a significant decrease in EPS from last year but a notable increase in sales.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:14 am

EWG

The GfK Consumer Climate index for Germany in September has decreased to -22 from a revised -18.6 in the previous period, indicating a decline in consumer sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 6:02 am

BBJP

DXJ

EWJ

The Bank of Japan's Core Consumer Price Index (CPI) year-over-year came in at 1.8%, below the estimated 2.1% and the previous 2.1%. This indicates a slower inflation rate than expected.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:02 am

DIS

T

DirecTV and Disney are in talks to offer more flexible, Netflix-like channel packages. DirecTV aims to change contract terms to allow smaller, genre-specific packages. If no agreement is reached, ESPN and ABC may face a blackout. Disney is open to sports-specific packages and lower subscriber guarantees.

Portfolio Pulse from Ananya Gairola

August 27, 2024 | 4:52 am

NVDA

AI-based cryptocurrencies saw significant gains as anticipation builds for Nvidia's Q2 earnings. Nvidia's past positive earnings have influenced AI token rallies, with FET and RENDER leading recent gains.

Portfolio Pulse from Aniket Verma

August 27, 2024 | 4:23 am