Streetbeat News

Stock Prices

F

Ford Motor Company (NYSE:F) is in focus ahead of its earnings release today after the market closes. Analysts estimate an EPS of 68 cents and revenue of $44.024 billion for the 2024 fiscal year second quarter. The stock is trading above its 50-day moving average but below its average session volume.

Portfolio Pulse from Dylan Berman

July 24, 2024 | 4:26 pm

TSN

WHGLY

WHGRF

WH Group plans to list its Smithfield pork subsidiary in a U.S. IPO, potentially raising $1 billion. The spinoff aims to support WH Group's overseas expansion, particularly in the U.S. and Europe. However, potential Chinese anti-dumping tariffs against European pork could impact the company's European operations.

Portfolio Pulse from The Bamboo Works

July 24, 2024 | 4:26 pm

DDOG

Joe Terranova announced on CNBC that he has sold his shares in Datadog, Inc. (DDOG).

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:25 pm

V

Visa Inc (NYSE:V) shares dropped nearly 4% after reporting fiscal Q3 results. Despite surpassing non-GAAP earnings expectations, Visa's revenue slightly missed estimates. Analysts have mixed views, with some lowering price targets due to softer macro trends and weaker volumes, particularly in APAC. Management remains cautious about the macro environment, impacting investor sentiment.

Portfolio Pulse from Priya Nigam

July 24, 2024 | 4:23 pm

BHC

Bausch Health Companies Inc. (BHC) shares have been halted pending news. Investors are awaiting further information to understand the reason behind the halt.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 4:22 pm

T

VTV

VYM

VZ

Goldman Sachs analyst James Schneider reiterated a Buy rating on AT&T Inc (NYSE:T) with a price target of $22. AT&T reported fiscal 2024 Q2 revenue of $29.8 billion, slightly below estimates, but showed strong free cash flow and robust phone net additions. The stock is expected to trade higher following these results.

Portfolio Pulse from Anusuya Lahiri

July 24, 2024 | 4:20 pm

DDOG

Deep-pocketed investors are showing a bullish sentiment towards Datadog (NASDAQ:DDOG) based on recent options market activity. Benzinga's options scanner highlighted 12 significant options activities, with 75% of the sentiment being bullish. Analysts have mixed ratings, with price targets ranging from $150 to $165. Datadog's stock is currently down 3.81% at $118.51.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 4:16 pm

RCI

Rogers Communication (NYSE:RCI) reported mixed Q2 results with revenues missing expectations but showing growth in adjusted EBITDA and subscriber additions. The company reaffirmed its 2024 outlook and declared a dividend.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2024 | 4:13 pm

PFE

SGMO

Sangamo Therapeutics Inc (SGMO) saw a significant stock price increase after announcing positive results from a Phase 3 study of a gene therapy for hemophilia A, developed in collaboration with Pfizer Inc (PFE). The study met its primary and key secondary endpoints, showing a substantial reduction in bleeding rates. Despite this, Pfizer's stock saw a slight decline.

Portfolio Pulse from Vandana Singh

July 24, 2024 | 4:10 pm

C

CRWD

DAL

Delta Air Lines (NYSE:DAL) faces a $500M financial hit due to an IT outage causing thousands of cancellations. Citigroup (NYSE:C) reduced Delta's Q3 earnings estimates, and Melius Research estimated a $350M impact on operating profit. The outage, caused by CrowdStrike (NASDAQ:CRWD), also damaged Delta's reputation.

Portfolio Pulse from Shivani Kumaresan

July 24, 2024 | 4:02 pm