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Stock Prices

HOOD

Robinhood Markets (NASDAQ:HOOD) is experiencing strong deposit growth and new product launches, leading to positive analyst reviews. Piper Sandler, Needham, and JMP Securities analysts have highlighted the company's strong Q2 earnings, revenue growth, and profitability. Despite some concerns about cryptocurrency trading volumes, analysts are optimistic about Robinhood's future growth and potential acquisitions.

Portfolio Pulse from Chris Katje

August 08, 2024 | 2:58 pm

NVO

Novo Nordisk shares are trading higher, potentially due to Eli Lilly raising its guidance driven by the performance of Mounjaro and Zepbound.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:57 pm

TPL

Texas Pacific Land shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:57 pm

EGHT

8x8 shares are trading lower after the company reported worse-than-expected Q1 financial results. Additionally, the company cut its FY25 revenue guidance and issued Q2 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:56 pm

ARM

ARM Holdings shares are trading higher following an upgrade from Bernstein, which raised the stock's rating from Underperform to Market Perform and increased the price target from $92 to $100.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:55 pm

HCAT

Health Catalyst shares are trading higher following the release of better-than-expected Q2 financial results and the announcement of a partnership expansion with Contexture.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:53 pm

XPEL

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

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:51 pm

BTCUSD

CLSK

CleanSpark Inc (NASDAQ:CLSK) shares are trading higher as Bitcoin rebounds from a recent drop. The company is set to report earnings, with expectations of a loss of 4 cents per share on $110.881 million in revenue. CleanSpark recently executed 75 MW of power contracts and acquired a Bitcoin mining site in Wyoming, expected to add over 2 EH/s to its hashrate. The company mined 494 Bitcoin in July, bringing its total holdings to 7,082 and operating hashrate to 21.2 EH/s.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 2:48 pm

NXST

WBIF

WBIL

Nexstar Media Group Inc (NASDAQ:NXST) reported Q2 FY24 earnings that fell short of expectations, leading to a 3.30% drop in its stock price. The company saw a 2.3% Y/Y increase in net revenue to $1.269 billion, missing the consensus of $1.297 billion. Advertising revenue rose 2.2% Y/Y, driven by political ads, while distribution revenue gained 5.5% Y/Y. Adjusted EBITDA increased by 18.8% Y/Y, and EPS was $3.54, below the consensus of $4.01. Investors can gain exposure to Nexstar via WBI BullBear Value 3000 ETF (NYSE:WBIF) and WBI BullBear Quality 3000 ETF (NYSE:WBIL).

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 2:48 pm

ICUI

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

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:47 pm