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MODG

Topgolf Callaway Brands shares are trading lower following an apparent early release of Q2 earnings, which showed soft revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:53 pm

AAPL

GOOG

INTC

MSFT

NVDA

Intel Corp (NASDAQ:INTC) plans to lay off around 19,000 employees as part of a cost-reduction strategy, which includes reducing operating expenses and capital expenditures by over $10 billion by 2025. The article compares Intel's salary offers to those of other tech giants like Nvidia, Microsoft, OpenAI, Apple, and Alphabet.

Portfolio Pulse from Adam Eckert

August 07, 2024 | 7:51 pm

MODG

Topgolf Callaway Brands shares have been halted pending news related to a code. This could indicate significant upcoming information that may impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:48 pm

ADI

High-rolling investors have positioned themselves bearish on Analog Devices (NASDAQ:ADI), with significant options activity indicating potential insider information. The sentiment is predominantly bearish, with 62% of the trades reflecting this outlook. The stock is currently trading at $210.08, up by 2.54%, and analysts have set a target price of $250. Earnings are expected in 14 days.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:46 pm

NFLX

Netflix Inc. (NASDAQ:NFLX) is bringing 'Stranger Things: The First Shadow' to Broadway, with previews starting on March 28, 2025, and the official opening in April. This move continues Netflix's expansion into stage productions, following the success of its London run and other plays like 'Patriots.'

Portfolio Pulse from Chris Katje

August 07, 2024 | 7:45 pm

BCYC

Bicycle Therapeutics shares are trading lower after B. Riley Securities downgraded the stock from Buy to Neutral and lowered its price target from $33 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:41 pm

LYFT

Lyft Inc. (NASDAQ:LYFT) shares are trading lower following the company's Q2 earnings report. Despite a 41% YoY revenue increase and an adjusted EPS beat, the stock fell due to a lighter-than-expected Q3 outlook. J.P. Morgan analysts provided mixed commentary, noting strong EBITDA but lower gross bookings guidance.

Portfolio Pulse from Vaishali Prayag

August 07, 2024 | 7:38 pm

EDIT

Editas Medicine shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:38 pm

ISRA

Heightened tensions in the Middle East have led to significant diplomatic efforts to prevent a broader regional war. Iranian President Masoud Pezeshkian has urged French President Emmanuel Macron to pressure Israel into a Gaza cease-fire. Egypt has halted flights over Iran due to rising tensions. The VanEck Israel ETF (NYSE:ISRA) rallied 2.3% amid improved risk sentiment.

Portfolio Pulse from Piero Cingari

August 07, 2024 | 7:37 pm

MLM

Martin Marietta Materials (NYSE:MLM) has outperformed the market over the past 15 years with an average annual return of 12.89%, resulting in a $1000 investment growing to $6,174.37. The company currently has a market capitalization of $33.53 billion.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:30 pm