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HYMC

Hycroft Mining Holding (NASDAQ:HYMC) reported a Q2 EPS of $(0.57), missing the analyst consensus estimate of $(0.51) by 11.76%. This represents an 18.57% improvement over the $(0.70) loss per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:17 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares are trading higher after reporting second-quarter financial results and announcing a $1.5 billion commitment from the Public Investment Fund (PIF). The company reported revenue of $200.6 million, beating estimates, but missed on earnings per share. Lucid produced 2,110 vehicles and delivered 2,394 vehicles in Q2, reaffirming its 2024 manufacturing expectations. The $1.5 billion commitment includes $750 million in convertible preferred stock and a $750 million unsecured delayed draw term loan facility.

Portfolio Pulse from Adam Eckert

August 06, 2024 | 1:17 pm

MCRB

Seres Therapeutics shares are trading lower after the company announced it signed an agreement with Nestle for the sale of its VOWST business.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:16 pm

W

Wayfair's (NYSE:W) short percent of float has risen 5.91% since its last report, with 21.82 million shares sold short, representing 32.25% of all regular shares available for trading. This increase in short interest suggests a bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

GTLS

Chart Industries (NYSE:GTLS) has seen a 5.21% increase in its short percent of float, now at 19.19%. This indicates a bearish sentiment among investors, as it would take 13.01 days to cover the short positions. The company's short interest is significantly higher than its peers, whose average is 4.48%.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

KBH

KB Home's (NYSE:KBH) short interest has risen by 21.06%, with 7.02 million shares sold short, representing 14.83% of its float. This is higher than the peer group average of 9.69%. It would take traders 4.83 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

CMND

SPRC

SciSparc Ltd. (NASDAQ: SPRC) and Clearmind Medicine Inc. (NASDAQ: CMND) have published a new scientific article showing promising results for MEAI, a novel weight loss drug. The study, led by Prof. Joseph Tam, indicates potential for MEAI in treating obesity and metabolic syndrome.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:14 pm

NVT

NVent Electric shares are trading lower after the company reported worse-than-expected Q2 sales results and narrowed its FY24 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:12 pm

DIA

JPM

QQQ

SPY

Jamie Dimon, CEO of JPMorgan Chase, remains confident in the U.S. economy despite a significant market downturn. The Dow Jones, S&P 500, and Nasdaq experienced their largest losses since September 2022. Dimon emphasized focusing on long-term growth and dismissed short-term market panic. He also expressed concerns about inflation and economic challenges but believes the economy will weather the storm.

Portfolio Pulse from Surbhi Jain

August 06, 2024 | 1:11 pm

MULN

Mullen Automotive shares are trading lower despite the company meeting all federal and state regulatory requirements for Class 1 and Class 3 commercial vehicles and actively manufacturing and selling these vehicles across the US.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:11 pm