Streetbeat News

Stock Prices

ARUSD

Arweave (AR) has seen a price increase of 4.35% in the past 24 hours, reaching $31.35. Despite a weekly uptick of over 1.0%, trading volume has dropped 73.0%. The coin's circulating supply remains stable at 65.45 million, close to its max supply of 66.00 million.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 7:00 pm

CMCSA

IYZ

NXTV

Comcast Corporation (NASDAQ:CMCSA) reported a 2.7% year-over-year revenue decline to $29.69 billion, missing analyst estimates. Despite beating EPS estimates, analysts have adjusted their expectations due to broadband struggles and theme park downturns. BofA, KeyBanc, and Oppenheimer analysts have reiterated their ratings but adjusted price targets and forecasts. Investors can also consider ETFs like Simplify Next Intangible Value Index ETF (BATS:NXTV) and IShares U.S. Telecommunications ETF (BATS:IYZ) for exposure.

Portfolio Pulse from Lekha Gupta

July 24, 2024 | 6:57 pm

META

NVDA

Meta Platforms, Inc. (NASDAQ:META) shares are trading lower as the broader market pulls back, influenced by disappointing earnings from Tesla and Alphabet. Meta announced the launch of its latest version of 'Llama' AI software, which is integrated into its suite of applications. NVIDIA Corp (NASDAQ:NVDA) also announced new AI services in connection with Meta's release.

Portfolio Pulse from Erica Kollmann

July 24, 2024 | 6:55 pm

CMCSA

DKNG

Scottie Scheffler, a dominant golfer in the 2024 PGA Tour season, is set to compete in the 2024 Summer Olympics. Alongside him, Xander Schauffele, Wyndham Clark, and Collin Morikawa will represent Team USA. Scheffler is the betting favorite, with odds provided by DraftKings Inc (NASDAQ:DKNG). The event will be streamed by Comcast Corp (NASDAQ:CMCSA) on Peacock.

Portfolio Pulse from Chris Katje

July 24, 2024 | 6:50 pm

CMG

Chipotle Mexican Grill Inc (NYSE:CMG) is set to report its Q2 earnings after the market close on Wednesday. Analysts expect earnings of 32 cents per share and revenue of $2.939 billion. Last quarter, Chipotle beat estimates with a 14.1% revenue increase and adjusted earnings of $13.37 per share. The company has consistently met or exceeded estimates for three consecutive quarters. Analysts have mixed ratings on the stock, with price targets ranging from $55 to $71.

Portfolio Pulse from Adam Eckert

July 24, 2024 | 6:47 pm

AZTR

LW

NUWE

PIRS

PRG

SGMO

T

U.S. stocks traded lower with the S&P 500 falling around 100 points. AT&T shares rose 5% after Q2 earnings, despite missing revenue estimates. Pieris Pharmaceuticals surged 78% on a merger agreement, while Sangamo Therapeutics rose 47% after a successful trial. PROG Holdings gained 21% on strong earnings. Azitra, Nuwellis, and Lamb Weston saw significant declines due to various financial issues.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 6:37 pm

CFFI

C&F Financial reported Q2 earnings per share (EPS) of $1.50, down from $1.84 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:37 pm

APG

EME

FIX

IESC

PWR

STRL

Shares of construction companies are trading lower possibly amid a decline in Treasury yields following PMI data.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:33 pm

GM

Analysts from Goldman Sachs and BofA Securities have reiterated their Buy ratings on General Motors (NYSE:GM), raising their price forecasts and earnings estimates. GM reported strong Q2 sales growth and beat EPS estimates, demonstrating its ability to sustain strong margins. The company is on track to achieve significant cost reductions and is expected to find further efficiencies despite challenging industry pricing trends.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2024 | 6:31 pm

KBR

KBR (NYSE:KBR) has outperformed the market over the past 10 years with an average annual return of 11.79%, surpassing the market by 1.1% annually. A $100 investment in KBR 10 years ago would be worth $299.55 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 6:30 pm