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CRDF

Cardiff Oncology shares are trading higher after the company reported better-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:14 pm

MCD

SBUX

YUM

YUMC

Yum China Holdings Inc. (NYSE:YUMC) reported a 4% revenue increase and a 12% rise in core operating profit for Q2, driven by AI deployment and new store formats. Despite economic headwinds, the company expanded aggressively, opening 401 new stores. Yum China's initiatives, including KCOFFEE and Pizza Hut WOW, boosted transaction volumes and operational efficiency. The company returned $249 million to shareholders through buybacks and dividends in Q2.

Portfolio Pulse from The Bamboo Works

August 09, 2024 | 3:13 pm

AWRE

Aware shares are trading higher after the company reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:12 pm

PENN

Penn Entertainment Inc (NASDAQ:PENN) beat earnings estimates in Q2, but analysts are divided on its future prospects. Benchmark issued a Hold rating, while Truist issued a Buy rating with a $25 price target. Concerns include potential aggressive promotional activities and competitiveness in the sports betting market.

Portfolio Pulse from Hayden Buckfire

August 09, 2024 | 3:09 pm

TVGN

Tevogen Bio Holdings Inc. (NASDAQ:TVGN) reaffirmed that its Form S-1, declared effective by the SEC on August 2, 2024, does not involve any previously undisclosed new issuances of dilutive securities. The registration statement pertains to earnout shares, shares underlying outstanding warrants, and the resale of shares and warrants by existing securityholders.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:06 pm

AZTR

Azitra shares have been halted to the upside, with the stock now up by 76.66%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:06 pm

HRTG

Heritage Insurance Holdings shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $9 to $13.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:04 pm

FTXR

GM

RPV

General Motors (GM) remains committed to its operations in China despite facing losses and competition from local brands. CFO Paul Jacobson emphasized the goal of achieving cash stability without external capital. GM reported a $104 million loss in China for Q2, but the stock has gained over 18% in the past year. Investors can also gain exposure to GM through ETFs like First Trust Nasdaq Transportation ETF (FTXR) and Invesco S&P 500 Pure Value ETF (RPV).

Portfolio Pulse from Nabaparna Bhattacharya

August 09, 2024 | 3:04 pm

BCHUSD

Bitcoin Cash (BCH) has seen a 5.61% price increase in the past 24 hours, reaching $346.44, despite a 13.0% loss over the past week. Trading volume has surged by 40.0%, and the circulating supply has slightly increased to 19.74 million. BCH's market cap is currently $6.84 billion, ranking it #16.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 3:03 pm

SOLUSD

Solana's (CRYPTO: SOL) price has decreased by 3.32% over the past 24 hours to $154.34, continuing its downward trend over the past week. The trading volume has decreased by 12.0% over the past week, while the circulating supply has increased by 0.52%. Solana's market cap is currently ranked #5 at $72.00 billion.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 3:02 pm