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ENVX

Enovix Corp (NASDAQ:ENVX) shares are trading lower despite beating analyst estimates on revenue and earnings. The company reported revenue of $3.768 million and a loss of 14 cents per share, both better than expected. Enovix announced new collaboration agreements, including one with a Fortune 200 company for IoT batteries and an MOU with a global automotive OEM for EV batteries. Despite initial gains, the stock fell 15.7% to $12.16.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 5:37 pm

IRM

Iron Mountain shares are trading higher after the company reported better-than-expected Q2 financial results and issued FY24 AFFO guidance above estimates. Additionally, the company increased its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:36 pm

IR

Ingersoll Rand shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:35 pm

HII

Huntington Ingalls Industries shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:34 pm

GFL

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:32 pm

ETR

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:32 pm

DGX

LH

LabCorp (NYSE: LH) reported strong Q2 2024 results with adjusted EPS of $3.94, beating the consensus of $3.78. Sales increased by 6.2% year-over-year to $3.22 billion. Despite cutting its 2024 adjusted EPS outlook, the company raised its revenue growth outlook. William Blair reiterated an Outperform rating, and the stock rose 6.10% to $228.59.

Portfolio Pulse from Vandana Singh

August 01, 2024 | 5:32 pm

SYY

Sysco's (NYSE:SYY) short interest has risen by 16.04%, with 10.80 million shares sold short, representing 2.17% of its float. This increase in short interest suggests a more bearish sentiment among investors. However, Sysco's short interest is still lower than the peer group average of 5.05%.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 5:30 pm

IBKR

Interactive Brokers reported a 38% increase in daily average revenue trades for July.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:30 pm

DT

Thoma Bravo has exited its investment in Dynatrace, returning $5.2 billion to its backers in a short period, despite market challenges.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:29 pm