Streetbeat News

Stock Prices

PLOW

Douglas Dynamics shares are trading higher following better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:59 pm

Citigroup shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $66 to $79.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:58 pm

SOUN

SoundHound AI shares are trading higher after the company announced it launched Chat AI with integrated ChatGPT in Alfa Romeo and Citroën vehicles across Europe.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:58 pm

SOUN

STLA

SoundHound AI, Inc. (NASDAQ:SOUN) shares are trading higher after announcing its SoundHound Chat AI voice assistant will be integrated into Alfa Romeo and Citroën vehicles across Europe. The company is set to report its Q2 results on Aug. 8, with expectations of a loss of 9 cents per share and revenue of $13.083 million. SoundHound AI shares are currently up 5.44% at $5.04.

Portfolio Pulse from Erica Kollmann

July 30, 2024 | 2:54 pm

NVO

A study published in Annals of Internal Medicine found that Novo Nordisk's Ozempic (semaglutide) reduces smoking-related health interventions in diabetic patients. Patients on Ozempic were less likely to discuss tobacco use, receive smoking cessation medication, or counseling compared to those on other diabetes medications. The study suggests semaglutide may reduce the desire to smoke by dampening nicotine's rewarding effects in the brain.

Portfolio Pulse from Vandana Singh

July 30, 2024 | 2:52 pm

DOGEUSD

ETHUSD

SOLUSD

The announcement of a new Shiba Inu puppy, Neiro, by the owner of the original Dogecoin meme coin dog, Kabosu, has led to a surge in Neiro-themed token creation on the Solana blockchain. This has resulted in significant trading activity and market capitalization for some tokens, pushing Solana's transaction volume above Ethereum's. Kabosu's owner has distanced herself from these tokens, warning of potential scams.

Portfolio Pulse from Murtuza Merchant

July 30, 2024 | 2:49 pm

BABA

Alibaba Cloud has announced a significant price hike for its domain name auction platform, citing rising costs and intense AI competition. The company will also shut down data centers in India and Australia as part of an infrastructure strategy update. Despite holding a significant market share, Alibaba's stock has underperformed, losing over 23% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 2:47 pm

BTCUSD

IWM

Prominent macro trader Alex Krüger suggests that political developments, particularly Kamala Harris's performance in polls, are influencing Bitcoin and small-cap stocks. He identifies a 'Trump trade' (long Bitcoin, long small caps) and a 'Kamala trade' (the opposite). Crypto chart analyst Ali Martinez and trader Jelle provide additional insights into Bitcoin's market behavior.

Portfolio Pulse from Khyathi Dalal

July 30, 2024 | 2:47 pm

AAL

CNO

CVLT

EXP

FFIV

HAYW

HLIT

HSII

HWM

JBLU

LUMN

NEO

NVCR

PEGA

PHAR

PSX

PYPL

RGEN

SAVE

SFM

SWIM

SWK

TLRY

VRNS

ZBRA

PayPal, JetBlue, Lumen Technologies, Commvault Systems, Harmonic, Sprouts Farmers Market, NeoGenomics, Tilray Brands, Howmet Aerospace, Repligen, Varonis Systems, Hayward Holdings, F5, Heidrick & Struggles, Pharming Group, CNO Financial, Latham Group, Stanley Black & Decker, Eagle Materials, NovoCure, Spirit Airlines, Zebra Technologies, Gartner, Phillips 66, Pegasystems, and American Airlines all saw significant stock price increases on Tuesday following better-than-expected financial results.

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 2:46 pm

IGT

International Game Technology (IGT) reported Q2 earnings per share of 36 cents, beating estimates, but missed revenue expectations with $1.049 billion. Despite strong cash flow and stable EBITDA, shares fell 3.16% due to the revenue miss and the announcement of the sale of its Gaming & Digital business.

Portfolio Pulse from Nabaparna Bhattacharya

July 30, 2024 | 2:46 pm