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AKAN

AMZN

DASH

INTC

VSEE

DoorDash shares surged 10% in pre-market trading after reporting better-than-expected Q2 revenue. Other notable pre-market movers include VSee Health (+123.4%), Akanda Corp (+34.5%), and Intel (-21.9%).

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 12:15 pm

ICE

INTC

LULU

PCOR

TEAM

Top Wall Street analysts have downgraded several major stocks, including Atlassian Corporation, Lululemon Athletica, Intel Corporation, Intercontinental Exchange, and Procore Technologies. These downgrades have led to notable declines in their share prices.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 12:15 pm

XPOF

Xponential Fitness shares are trading lower after the company reported worse-than-expected Q2 revenue results and cut its guidance.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:13 pm

TIXT

TELUS International shares are trading lower following weak Q2 financial results and soft FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:12 pm

TIGO

Millicom shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:12 pm

MOG/A

Moog Inc has raised its FY24 net sales outlook from $3.55 billion to $3.575 billion, surpassing the estimate of $3.564 billion. The company also revised its adjusted EPS forecast to $7.40 +/- $0.10, higher than the estimated $7.30. Moog expects an 8% sales growth, a 150 basis point expansion in adjusted operating margin, and a 20% increase in adjusted EPS.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:11 pm

GTLS

Chart Industries shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:10 pm

MGA

Magna International shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:09 pm

ME

23andMe's Special Committee has responded to the CEO's take-private proposal, stating that they will consider other alternatives to maximize shareholder value if a revised offer with a more appropriate price per share is not presented.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:08 pm

ETHUSD

PEPEUSD

A whale trader made significant profits on meme coins Mog Coin (MOG) and Pepe (PEPE), earning $11.22 million and $4.4 million respectively. The trader's strategy involved buying low, selling high, and transferring remaining assets to a new wallet. This highlights the potential for substantial gains in meme coins, albeit with associated risks.

Portfolio Pulse from Khyathi Dalal

August 02, 2024 | 12:06 pm