Streetbeat News

Stock Prices

ME

23andMe's Special Committee has responded to the CEO's take-private proposal, stating that they will consider other alternatives to maximize shareholder value if a revised offer with a more appropriate price per share is not presented.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:08 pm

ETHUSD

PEPEUSD

A whale trader made significant profits on meme coins Mog Coin (MOG) and Pepe (PEPE), earning $11.22 million and $4.4 million respectively. The trader's strategy involved buying low, selling high, and transferring remaining assets to a new wallet. This highlights the potential for substantial gains in meme coins, albeit with associated risks.

Portfolio Pulse from Khyathi Dalal

August 02, 2024 | 12:06 pm

MPU

Mega Matrix has announced a private placement of 681,818 shares of common stock and warrants at $2.20 per share, raising approximately $1.5 million. The Series A warrants will expire in 24 months, and the Series B warrants will expire in 5.5 years. The closing is expected on or about August 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:06 pm

CHD

Church & Dwight shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:05 pm

IMO

Imperial Oil (AMEX:IMO) reported Q2 2024 GAAP EPS of $2.11, surpassing the analyst consensus estimate of $1.81 by 16.57%.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:04 pm

CMLS

Cumulus Media reported Q2 2024 GAAP EPS of $(1.64), missing the $(0.48) estimate. Sales were $204.849M, also missing the $206.000M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:02 pm

MOG

Moog Inc. (NYSE:MOG) reported Q3 2024 adjusted EPS of $1.91, beating the $1.77 estimate, and sales of $905 million, surpassing the $884.694 million estimate. This represents a significant year-over-year increase in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:02 pm

RBC

RBC Bearings (NYSE:RBC) reported Q1 earnings of $2.54 per share, beating the analyst estimate of $2.39. However, sales of $406.30 million missed the $416.98 million estimate. Earnings increased by 19.25% year-over-year, while sales grew by 4.95%.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:02 pm

AAPL

AMZN

INTC

META

OXX

QQQ

SPY

Wall Street is set for a downturn as macroeconomic concerns resurface, with the VIX spiking and global markets selling off. Safe-haven gold has reached a record high. Key non-farm payrolls data is awaited, which could significantly impact the market. Tech stocks are expected to be hit hard, with notable premarket movements in Amazon, Apple, and Intel. The semiconductor sector is also under pressure.

Portfolio Pulse from Shanthi Rexaline

August 02, 2024 | 12:01 pm

APLS

Analysts have provided diverse evaluations of Apellis Pharmaceuticals (NASDAQ:APLS) over the past three months, with a mix of bullish and somewhat bullish ratings. The average 12-month price target has decreased by 7.24% to $79.69. Key financial metrics show strong revenue growth but challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 12:00 pm