Streetbeat News

Stock Prices

SCLX

Scilex Holding Company (SCLX) has a selling shareholder who has filed for the sale of up to 3.5 million shares. This move could potentially impact the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:24 pm

BTCUSD

DOGEUSD

ETHUSD

RNDRUSD

SHIBUSD

SOLUSD

Cryptocurrency markets are trading lower following a $230 million hack on Indian crypto exchange WazirX. Bitcoin, Ethereum, and Dogecoin are among the notable cryptocurrencies experiencing declines. Key metrics show a decrease in large transaction volumes and daily active addresses, while exchange netflows have risen significantly. Analysts have mixed predictions for Bitcoin's short-term performance, with some seeing potential for a bullish August if Bitcoin holds above $62,750, while others predict a bearish retest.

Portfolio Pulse from Khyathi Dalal

July 18, 2024 | 8:23 pm

SIGI

Selective Insurance Group (NASDAQ: SIGI) reported a Q2 2024 adjusted EPS of $(1.10), significantly missing the analyst estimate of $1.49. The company also reported sales of $1.196 billion, slightly below the $1.204 billion estimate. Despite the misses, sales increased by 10.23% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:22 pm

PINE

Alpine Income Prop Trust (NYSE:PINE) reported Q2 earnings of $0.43 per share, beating the analyst estimate of $0.39. Sales were $12.49 million, also surpassing the $11.96 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:17 pm

SCHL

Scholastic (NASDAQ:SCHL) reported Q4 2024 earnings of $1.73 per share, missing the analyst estimate of $2.66 by 34.96%. Sales were $474.9M, missing the $552.496M estimate by 14.04%. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:17 pm

OCFC

OceanFirst Financial (NASDAQ:OCFC) reported Q2 2024 earnings per share of $0.40, missing the analyst estimate of $0.43. The company also reported sales of $82.3 million, falling short of the $85.459 million estimate and marking a 10.65% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:16 pm

BSX

Boston Scientific (NYSE:BSX) has seen significant options activity with a mix of bullish and bearish trades. Analysts maintain a positive outlook with price targets ranging from $81 to $90. The stock is currently down 2.4% at $75.55, with the next earnings report due in 6 days.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:16 pm

MO

Market whales have taken a bullish stance on Altria Group (NYSE:MO), with Benzinga's options scanner spotting 14 uncommon options trades. The sentiment is split between 57% bullish and 28% bearish. Significant investors are targeting a price range of $35.0 to $60.0 for Altria Group over the next three months.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:16 pm

INDB

Independent Bank (NASDAQ:INDB) reported Q2 earnings per share of $1.21, beating the analyst consensus estimate of $1.11 by 9.01%. However, this represents a 14.79% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:15 pm

PPG

PPG shares are trading lower after the company cut its FY24 outlook.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:15 pm