Streetbeat News

Stock Prices

GS

Goldman Sachs (NYSE:GS) experienced a significant Power Inflow event, indicating a shift from net selling to net buying. This event led to a 2% rise in GS stock on a day when the broader market was down 3%. The Power Inflow signal was triggered at 10:45 AM at a trading price of $452.48, suggesting potential for an uptrend.

Portfolio Pulse from jacob@finit.co.kr

August 08, 2024 | 1:36 pm

BLDE

Blade Air Mobility shares are trading higher after the company reported better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:34 pm

NEXN

Nexxen shares are trading higher following the announcement of a partnership with Vero aimed at expanding its programmatic footprint and advertiser access.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:32 pm

COST

CRSP

DLTR

DXCM

KEY

OKE

WMT

Jim Cramer on CNBC's 'Mad Money Lightning Round' recommended buying Oneok (OKE) and staying away from Dexcom (DXCM). He also commented on Dollar Tree (DLTR), Walmart (WMT), Costco (COST), KeyCorp (KEY), and CRISPR Therapeutics (CRSP).

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 1:29 pm

BLNK

Blink Charging (NASDAQ:BLNK) reported Q2 adjusted EPS of $(0.18), missing the $(0.15) estimate. Sales were $33.26M, missing the $39.15M estimate. Despite the misses, EPS improved by 59.09% YoY and sales increased by 1.28% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:28 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares surged on Thursday following the release of strong second-quarter financial results. The company reported revenue of $682 million, beating analyst estimates, and adjusted earnings of 21 cents per share. Key metrics showed significant year-over-year growth, including a 40% increase in total revenue and a 57% increase in assets under custody. Despite the positive results, Needham analyst John Todaro reiterated a Hold rating on the stock.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 1:27 pm

DNUT

Krispy Kreme, Inc. (NASDAQ:DNUT) shares are trading higher after the company reported Q2 earnings in line with expectations and revenues exceeding analyst estimates. The growth was driven by successful brand activations and increased digital and DFD sales. The company also benefited from the sale of a majority stake in Insomnia Cookies. However, the FY24 outlook was adjusted downwards to reflect this sale.

Portfolio Pulse from Nabaparna Bhattacharya

August 08, 2024 | 1:26 pm

AMZN

PLUG

Plug Power Inc (NASDAQ:PLUG) reported disappointing Q2 earnings with revenue and EPS missing estimates. The company provided soft guidance for 2024 and announced a new COO, Dean Fullerton, from Amazon. Despite the setbacks, Plug Power is making progress on its new hydrogen plant in Louisiana.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 1:25 pm

EDIT

Editas Medicine shares are trading higher following an upgrade from B of A Securities, which raised the stock rating from Neutral to Buy and increased the price target from $13 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:24 pm

AMZN

CPNG

NEE

On CNBC's 'Halftime Report Final Trades,' analysts discussed Amazon, NextEra Energy, and Coupang. Amazon received an Overweight rating from Morgan Stanley despite a price target cut. NextEra Energy is expected to benefit from lower interest rates but posted downbeat Q2 results. Coupang reported a surprise profit for Q2.

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 1:21 pm