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UDMY

Udemy, Inc. (NASDAQ: UDMY) shares fell after reporting Q2 FY24 revenue growth of 9% Y/Y to $194.4 million, beating estimates. Despite growth in the Enterprise Segment, the Consumer Segment saw declines. The company cut its FY24 revenue outlook and shares dropped 17.76% premarket.

Portfolio Pulse from Lekha Gupta

August 01, 2024 | 2:53 pm

APLS

Apellis Pharmaceuticals shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:52 pm

IBP

Installed Building Products shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:52 pm

ETHUSD

SOLUSD

Bitcoin's sideways price action has traders uncertain about the arrival of an 'altcoin season.' Influencers and industry experts have mixed views on the future of altcoins, with some suggesting a buying opportunity and others predicting further declines. Ethereum ETFs and Bitcoin dominance are key factors to watch.

Portfolio Pulse from Khyathi Dalal

August 01, 2024 | 2:48 pm

C

Financial giants have made a bullish move on Citigroup, with 68% of options traders showing bullish tendencies. The predicted price range for Citigroup is between $57.5 and $67.5. The stock is currently trading at $63.73, down by 1.77%. Analysts have mixed ratings, with target prices ranging from $62 to $86.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 2:47 pm

ANET

Whales have taken a bullish stance on Arista Networks (NYSE:ANET), with 47% of options trades being bullish and 29% bearish. Significant investors are targeting a price range of $250 to $410. The stock is currently trading at $354.25, up by 2.22%, with an RSI indicating it may be approaching overbought territory. Analysts have mixed ratings with a consensus target price of $377.2.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 2:47 pm

PACK

Ranpak shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:46 pm

ACHC

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:46 pm

MRNA

Moderna Inc (NASDAQ:MRNA) stock dropped significantly after the company lowered its 2024 sales guidance due to weaker demand for its COVID-19 vaccines, particularly in Europe. The company now projects 2024 net sales of $3 billion to $3.5 billion, down from the previous $4 billion estimate. Moderna also reported a second-quarter revenue decline and a net loss, although both figures surpassed consensus estimates.

Portfolio Pulse from Vandana Singh

August 01, 2024 | 2:46 pm

OMCL

Omnicell shares are trading higher after the company reported better-than-expected Q2 financial results and issued FY24 guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:46 pm