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Stock Prices

F

GM

STLA

WKSP

General Motors (GM) reported strong Q2 financials, surpassing estimates and raising 2024 guidance. However, challenges in EV adoption and macroeconomic factors persist. Ford and Stellantis face similar issues. Worksport announced a solar-powered tonneau cover for GM, Ford, and Stellantis pickups.

Portfolio Pulse from Upwallstreet

August 01, 2024 | 2:18 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for August 1st, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key support and resistance levels for each asset, suggesting potential price targets for both bullish and bearish scenarios. The memo also highlights the importance of today's economic data releases and earnings reports from Apple and Amazon, which are expected to contribute to market volatility.

Portfolio Pulse from RIPS

August 01, 2024 | 2:16 pm

BBLG

IMRX

META

RDHL

VWE

The Nasdaq Composite surged 1% on Thursday, driven by strong earnings from Meta Platforms, Inc. (META). Meta reported better-than-expected Q2 financial results and issued strong Q3 guidance. Other notable stock movements include significant gains for RedHill Biopharma Ltd. (RDHL), Bone Biologics Corporation (BBLG), and Immuneering Corporation (IMRX), while Vintage Wine Estates, Inc. (VWE) saw a sharp decline due to a bankruptcy filing.

Portfolio Pulse from Avi Kapoor

August 01, 2024 | 2:15 pm

CGNX

Cognex shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:14 pm

GT

Goodyear Tire & Rubber shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:14 pm

W

Wayfair Inc. (NYSE:W) reported Q2 earnings that fell short of expectations, with adjusted EPS of 47 cents missing the street view of 49 cents and sales of $3.117 billion missing the consensus of $3.179 billion. U.S. net revenue fell by $55 million, while international net revenue saw a slight increase. The company cited cautious consumer spending as a key factor. Shares dipped 3.88% following the report.

Portfolio Pulse from Nabaparna Bhattacharya

August 01, 2024 | 2:13 pm

EIS

ISRA

SPY

USO

Hezbollah's Secretary-General Nasrallah has announced that the group will respond to the killing of a commander in Beirut.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:13 pm

NFLX

Netflix has announced the release date for the highly-anticipated second season of 'Squid Game' on December 26, 2023. A third and final season is set to arrive in 2025. The series, which broke records for Netflix, will see the return of lead star Lee Jung-jae and other cast members, along with new additions.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:10 pm

FDSB

Trading halt status was updated at 10:10:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:10 pm

WEN

Wendy's reported Q2 2024 revenue growth of 1.6% to $570.7 million, missing analyst estimates. Operating profit declined 9% due to increased costs. Adjusted EPS of $0.27 missed the consensus estimate. The company repurchased 0.9 million shares and declared a quarterly dividend of $0.25 per share. WEN shares are down 2.24%.

Portfolio Pulse from Akanksha Bakshi

August 01, 2024 | 2:10 pm