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Stock Prices

TSLA

Tesla, Inc. (NASDAQ:TSLA) is set to release its Q2 financial results on July 23. Analysts expect a drop in earnings per share and slight revenue decline compared to last year. Tesla's shares recently rose by 5.2%. Analysts have revised their price targets, with ratings ranging from Neutral to Outperform.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 3:26 pm

HRI

Herc Holdings Inc (NYSE:HRI) reported mixed Q2 FY24 results with sales growth of 6% year-on-year to $848 million, beating estimates. However, adjusted EPS of $2.60 missed expectations. The company reaffirmed its FY24 guidance despite local market growth deceleration.

Portfolio Pulse from Shivani Kumaresan

July 23, 2024 | 3:26 pm

BABA

PDD

Alibaba's Taobao is introducing free overseas shipping on apparel orders to compete with rivals PDD Holdings' Temu and Shein. The program will start on August 3, targeting several Asian markets, and aims to reduce return rates and help merchants explore overseas markets. Alibaba's stock has declined by nearly 21% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

July 23, 2024 | 3:25 pm

NBTB

NBT Bancorp shares are trading higher following the company's better-than-expected Q2 sales results and an increase in its quarterly dividend from $0.32 to $0.34 per share.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:24 pm

EFSC

Enterprise Financial Services shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:23 pm

SPY

A correction has been issued clarifying that former President Jimmy Carter has not died, contrary to previous reports.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:20 pm

OMI

Owens & Minor shares are trading higher following the release of preliminary Q2 financial results and FY24 guidance. The company also announced a definitive agreement to acquire Rotech Healthcare Holdings.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:19 pm

KREF

KKR Real Estate Finance Trust shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:18 pm

META

SNOW

Snowflake and Meta have partnered to optimize a new flagship model family in Snowflake Cortex AI. This collaboration has led to the launch of a Massive LLM Inference and Fine-Tuning System Stack, establishing a new state-of-the-art solution for multi-hundred billion parameter models like Llama 3.1 405B.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:17 pm

MCO

Moody's Corporation (NYSE:MCO) reported strong Q2 earnings, beating street estimates with an adjusted EPS of $3.28 and sales of $1.817 billion. The company raised its share repurchase guidance to $1.3 billion and increased its FY24 adjusted EPS outlook. Despite the positive results, MCO shares are trading lower.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 3:17 pm