Streetbeat News

Stock Prices

AAPL

AAPU

AAPX

FTEC

IYW

VGT

Apple Inc. (NASDAQ:AAPL) is offering discounts and gift cards to college students through its Higher Education Offer, running globally from June to October. The promotion includes discounts on Mac computers, iPad tablets, and AppleCare services. Apple is set to release its Q3 earnings soon. ETFs holding Apple stock also saw gains.

Portfolio Pulse from Michael Juliano

August 01, 2024 | 4:52 pm

SPOT

Wealthy investors have taken a bearish stance on Spotify Technology (NYSE:SPOT), as indicated by 46 uncommon options trades. The sentiment is split with 39% bullish and 52% bearish. Analysts have mixed ratings with a consensus target price of $390.2.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 4:51 pm

BTCUSD

MSTR

MicroStrategy Inc (NASDAQ:MSTR) is set to report its Q2 earnings after the bell on Thursday. Analysts expect a loss of 11 cents per share on revenue of $122.6 million. The company holds 226,331 Bitcoin as of June 20, 2024. Recent analyst ratings are positive, with price targets ranging from $1,826 to $2,890. A 10-for-1 stock split is scheduled, with trading on a split-adjusted basis starting on Aug. 8. MSTR shares are up 142% year-to-date but down 5.4% at $1,527.23 at the time of publication.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 4:46 pm

LLY

NVO

Eli Lilly's CEO announced that the shortage of their weight-loss drug will end 'very soon,' which could positively impact the company's stock. This news may also affect competitors in the weight-loss drug market.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 4:45 pm

QDEL

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 4:44 pm

SYM

Symbotic shares are trading lower after Baird and Goldman Sachs lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 4:44 pm

CRAK

DINO

FXN

HF Sinclair Corporation (NYSE:DINO) reported its Q2 FY24 results, showing flat revenues but a significant drop in adjusted EBITDA due to reduced refinery gross margins. Despite this, the company beat EPS expectations and declared a dividend. Shares are trading lower following the report.

Portfolio Pulse from Lekha Gupta

August 01, 2024 | 4:43 pm

Cigna Corporation (NYSE:CI) reported strong Q2 results with sales of $60.52 billion, up 25% YoY, driven by Evernorth Health Services. Adjusted EPS of $6.72 beat estimates. The company reaffirmed its annual outlook. Despite positive results, CI stock is down 4.51%.

Portfolio Pulse from Vandana Singh

August 01, 2024 | 4:41 pm

JSDA

Jones Soda Co. (OTCQB:JSDA) has closed the second tranche of its private placement offering, raising $640,000. The company plans to close a third tranche by August 8, 2024, and will discuss its Q2 2024 financial results on August 13, 2024. The funds will support growth and general corporate purposes. Shares traded 6.25% lower at 45 cents after market close.

Portfolio Pulse from Jelena Martinovic

August 01, 2024 | 4:40 pm

EVGO

EVgo Inc. (NASDAQ:EVGO) shares are trading lower despite reporting a loss per share in line with expectations and beating revenue estimates. The company showed significant growth in various metrics, including a 146% increase in charging network revenue and a 164% increase in network throughput. EVgo also raised its 2024 revenue guidance. However, the stock is down 2.34% to $3.75.

Portfolio Pulse from Nabaparna Bhattacharya

August 01, 2024 | 4:40 pm