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VVI

Viad shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:55 pm

CNDT

Conduent Inc. (NASDAQ:CNDT) reported a 9.5% YoY revenue decline for Q2 2024, beating consensus estimates. Despite a beat on adjusted EPS loss, the company saw significant declines in adjusted EBITDA and operating cash flow. Conduent repurchased 43.3 million shares, including 38 million from Carl Icahn. The company revised its 2024 outlook downward, leading to a 9.52% drop in stock price.

Portfolio Pulse from Akanksha Bakshi

August 07, 2024 | 3:55 pm

ILMN

Illumina, Inc. (NASDAQ:ILMN) reported better-than-expected Q2 sales results, leading to increased price targets from analysts. Despite missing earnings estimates, the company's sales performance and strategic execution were praised. Shares rose 9.1% following the announcement.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 3:55 pm

WTI

W&T Offshore shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:55 pm

NEXT

NextDecade shares are trading lower after the U.S. Court of Appeals issued an order to revoke the company's authorization to operate its Rio Grand LNG Facility.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:52 pm

EGY

VAALCO Energy shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:48 pm

LDI

LoanDepot shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 3:47 pm

EBS

Emergent BioSolutions Inc. (NYSE:EBS) reported a significant decline in second-quarter 2024 sales and a deeper-than-expected adjusted EPS loss. Despite beating revenue expectations, the company updated its 2024 guidance to reflect higher losses and slightly increased revenue projections. The stock fell 38.5% following the announcement.

Portfolio Pulse from Vandana Singh

August 07, 2024 | 3:47 pm

BTCUSD

Pseudonymous crypto trader Tim shared his portfolio management strategies, emphasizing a balanced outlook and a calm mindset. He has sold 50% of his Bitcoin holdings and is awaiting key market signals before making further moves. Tim's strategy hinges on Bitcoin's performance against its all-time high and support levels. He aims to sit out market volatility and geopolitical uncertainties before reinvesting.

Portfolio Pulse from Khyathi Dalal

August 07, 2024 | 3:46 pm

ASML

Investors have taken a bearish stance on ASML Holding (NASDAQ:ASML), with Benzinga's options scanner spotting 60 uncommon options trades. The sentiment is split between 36% bullish and 43% bearish. Significant investors are targeting a price range of $620.0 to $1120.0 for ASML over the next three months. The trading volume stands at 605,089, with ASML's price up by 3.05% to $868.7.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 3:46 pm