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Stock Prices

DQ

Daqo New Energy reported a decrease in its Q2 FY24 polysilicon average selling prices to $5.12/kg from $7.66/kg in Q1 FY24, indicating a significant drop in pricing.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 10:38 am

DQ

Daqo New Energy reported a significant miss in both earnings and sales for Q2 2024, with EPS at $(1.50) against an expected $(0.56) and sales at $219.9M versus an expected $337.128M. This represents a 65.46% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 10:33 am

PDD

PDD Holdings reported its Q2 financial results, with adjusted EPADS of $3.20, surpassing the estimate of $2.73. However, its sales of $13.36 billion fell short of the expected $14.02 billion.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 10:32 am

TONN

The arrest of Telegram CEO Pavel Durov led to a 14% drop in the 21Shares Toncoin Staking ETP (TONN) on the SIX Swiss Exchange. This decline was triggered by a 19% fall in Toncoin prices. The TON network, backed by Telegram, showed support for Durov by updating its logo to a symbol of digital resistance. Elon Musk also voiced support for Durov's release.

Portfolio Pulse from Benzinga Neuro

August 26, 2024 | 10:11 am

LLAP

Terran Orbital has been notified by the NYSE for failing to meet a continued listing rule or standard, which could impact its stock listing status.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 10:10 am

MIRA

MRM

PWM

TVGN

MIRA Pharmaceuticals shares surged 44.8% in pre-market trading after announcing a successful rat study with Ketamin-2. Other notable pre-market movers include MEDIROM Healthcare, Prestige Wealth, and Tevogen Bio, among others.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 9:58 am

EBAY

IKEA is testing a secondhand marketplace to compete with eBay, as reported by the Financial Times. This move could impact eBay's market position in the secondhand goods sector.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 9:27 am

WENA

ANEW Medical, Inc. (NASDAQ:WENA) has successfully converted its convertible promissory notes, eliminating over $4 million in long-term debt and $600,000 in annual interest payments. This move strengthens its balance sheet and positions the company for future growth.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 9:02 am

STEC

Santech Holdings Limited has announced a $5 million share repurchase program for its American Depositary Shares, which will take place over the next 12 months starting August 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 9:01 am

BLK

JPM

MS

NVDA

STT

Nvidia's upcoming earnings report is highly anticipated, with analysts expecting strong performance. Nvidia shares, up over 160% year-to-date, could rally further if results exceed expectations. Major institutional investors like Vanguard, BlackRock, and State Street stand to benefit significantly.

Portfolio Pulse from Shanthi Rexaline

August 26, 2024 | 8:47 am