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Stock Prices

Colgate-Palmolive Company (NYSE:CL) reported strong Q2 FY24 results with a 4.9% sales growth, beating analyst estimates. The company raised its organic revenue growth outlook and expects continued gross profit margin expansion and EPS growth.

Portfolio Pulse from Shivani Kumaresan

July 26, 2024 | 11:52 am

CMA

NEWT

VLY

Wall Street's most accurate analysts have provided their latest ratings on three high-yielding financial stocks: NewtekOne, Inc. (NEWT), Comerica Incorporated (CMA), and Valley National Bancorp (VLY). These stocks offer dividend yields over 5%, making them attractive during market turbulence. Analysts have adjusted their ratings and price targets for these stocks, reflecting recent performance and market conditions.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 11:46 am

BIIB

Biogen shares are trading lower after the European Medicines Agency adopted a negative opinion on the Marketing Authorization Approval for lecanemab.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 11:44 am

AAPL

AMZN

BYD

COIN

DECK

DXCM

IBM

META

MHK

MSFT

NVDA

QQQ

SPY

US stocks are poised to end the week on a high note, led by Nvidia and other mega-cap tech stocks in premarket trading. Key inflation data will be crucial for sustaining the rally. Major index futures are higher, with the Nasdaq 100 and S&P 500 showing gains. Several companies, including Apple, Amazon, Microsoft, and Meta, are set to release earnings next week. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed mixed premarket performance. Deckers Outdoor Corporation, Boyd Gaming Corporation, Mohawk Industries, and DexCom reacted to their earnings. Tech stocks like Nvidia, Micron, Broadcom, and AMD firmed up in premarket trading.

Portfolio Pulse from Shanthi Rexaline

July 26, 2024 | 11:39 am

BFI

BFIIW

BurgerFi International, Inc. (NASDAQ:BFI) and its warrants (NASDAQ:BFIIW) saw a significant pre-market stock surge following a $1.35M lawsuit settlement with Lion Point Capital. BFI's stock rose by 93% and BFIIW by 86.72%. The settlement avoids further litigation costs and includes scheduled payments and issuance of Series A Preferred Stock.

Portfolio Pulse from Benzinga Neuro

July 26, 2024 | 11:24 am

EGY

NBR

OII

Three energy stocks, Nabors Industries (NBR), VAALCO Energy (EGY), and Oceaneering International (OII), are currently overbought according to their RSI values. Despite recent gains, these stocks may face downward pressure in the short term.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 11:15 am

WMT

Reuters reported that Walmart is considering a $200 million investment in self-driving forklifts.

Portfolio Pulse from charles@benzinga.com

July 26, 2024 | 11:15 am

APO

EVRI

IGT

International Game Technology PLC (IGT) and Everi Holdings Inc. (EVRI) will be acquired by Apollo Funds in an all-cash transaction valued at $6.3 billion. Everi stockholders will receive $14.25 per share in cash, and IGT will receive $4.05 billion in gross cash proceeds.

Portfolio Pulse from charles@benzinga.com

July 26, 2024 | 11:13 am

CHTR

Charter Communications reported a decrease of 149,000 residential and SMB Internet customers in Q2 2024, totaling 30.4 million. However, mobile lines increased by 557,000, reaching 8.8 million. Overall, Charter had 31.8 million residential and SMB customer relationships as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 11:11 am

STEL

Stellar Bancorp (NYSE:STEL) reported Q2 2024 GAAP EPS of $0.56, beating the $0.48 estimate. Sales were $106.826M, slightly above the $106.558M estimate. Despite beating estimates, both EPS and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 11:09 am