Streetbeat News

Stock Prices

SBAC

SBA Communications shares are trading lower following a Q2 revenue miss.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:45 pm

HOLX

Hologic shares are trading lower after the company issued soft guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:44 pm

AMT

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

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:43 pm

ZBRA

Zebra Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:43 pm

AMD

INTC

SOXX

SPY

AMD is set to release its Q2 earnings report, with expectations of $0.68 per share and $5.724 billion in revenue. Analysts are optimistic, citing AI momentum and server results, but note potential weaknesses in the PC, Xilinx, and Gaming segments. AMD's stock has underperformed year-to-date, falling 5.2%, while semiconductor and broader market ETFs have gained.

Portfolio Pulse from Shanthi Rexaline

July 30, 2024 | 12:42 pm

COIN

Prominent crypto trader Kaleo predicts significant growth for Bitcoin following its halving events, suggesting that the real bull market is yet to commence. Historical data shows Bitcoin's price surges occur in the year following a halving. Coinbase Institutional supports this view, noting that the current cycle is tracking previous patterns. Whale accumulation of Bitcoin is also highlighted.

Portfolio Pulse from Khyathi Dalal

July 30, 2024 | 12:39 pm

ITW

Illinois Tool Works shares are trading higher after the company reported better-than-expected Q2 earnings results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:37 pm

PMN

ProMIS Neurosciences presented preclinical data at AAIC 2024 supporting their Alzheimer's vaccine approach, showing strong antibody responses without pro-inflammatory T cell responses against AβO.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:37 pm

TLRY

Tilray Brands (NASDAQ:TLRY) reported a 25% year-over-year increase in revenue for Q4, beating consensus estimates. Net loss narrowed significantly. Analyst Pablo Zuanic maintained a 'Neutral' rating but highlighted Tilray's long-term potential due to its liquidity, market cap, and assets. Shares rose 8.74% in pre-market trading.

Portfolio Pulse from Nina Zdinjak

July 30, 2024 | 12:36 pm

RELI

Reliance Global has announced the launch of an AI-powered Quote & Bind InsurTech solution for commercial policies, set to debut in Q4 2024 on the RELI Exchange platform. This new solution aims to enhance real-time quoting and policy binding for multiple insurance lines.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:35 pm