Streetbeat News

Stock Prices

NXT

Nextracker shares are trading lower following the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:44 pm

TWST

Twist Bioscience shares are trading lower following the company's Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:43 pm

DAR

TALO

VCNX

The article highlights notable insider trades in Talos Energy, Vaccinex, and Darling Ingredients, indicating potential confidence in these companies' prospects. Insider purchases can signal a buying opportunity.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 12:43 pm

CX

LUMN

TSM

TYL

WFC

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He recommended buying Wells Fargo (WFC) and praised Tyler Technologies (TYL) for its stellar reputation. He acknowledged the political risk in Taiwan Semiconductor (TSM) but noted it is a great company. Cramer expressed no conviction in Cemex (CX) and suggested caution with Lumen Technologies (LUMN) despite its recent price increase.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 12:42 pm

FLR

Fluor Corp (NYSE:FLR) reported mixed Q2 results with revenue growth of 7.3% YoY to $4.227 billion, missing the consensus of $4.360 billion. Adjusted EPS improved to $0.85, beating the consensus of $0.68. The company reaffirmed its 2024 adjusted EPS guidance of $2.50 to $3.00 and tightened its adjusted EBITDA guidance to $625 million – $675 million. FLR shares are trading lower by 0.99% premarket.

Portfolio Pulse from Akanksha Bakshi

August 02, 2024 | 12:39 pm

BTSG

BrightSpring Health Services shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:37 pm

QQQ

SPY

UUP

Job creation in the U.S. slowed significantly in July, with only 114,000 jobs added compared to 179,000 in June. The unemployment rate rose to 4.3%, and wage growth showed signs of cooling. These factors strengthen the case for potential interest rate cuts by the Federal Reserve. Market reactions included a drop in Treasury yields, a 0.7% decline in the U.S. dollar index, and significant losses in futures on U.S. indices.

Portfolio Pulse from Piero Cingari

August 02, 2024 | 12:37 pm

AAPL

AER

AMZN

CNP

COIN

INTC

MBLY

ROKU

TEAM

VCEL

Top Wall Street analysts have updated their outlooks on several major stocks, including Apple, Amazon, Intel, and others. Notable changes include price target adjustments and rating updates, which have influenced the stock prices of these companies.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 12:37 pm

DJT

Trump Media & Technology Group has started the phased rollout of its Truth+ streaming platform. Initially available to Truth Social users on the web, it will soon be accessible on Android and iOS. The service offers news, commentary, weather, lifestyle, and entertainment channels, with future enhancements like an interactive TV guide, DVR, and VOD. The platform is powered by proprietary infrastructure to ensure uninterrupted service.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:34 pm

GLD

SPY

The S&P 500 fell after weak US jobs data was released, while gold prices rose.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:33 pm