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NFLX

Netflix (NASDAQ:NFLX) reversed early premarket losses and is now trading higher after reporting strong Q2 earnings and revenue, beating consensus estimates. The company issued a mixed outlook for Q3, with revenue guidance slightly below expectations but EPS guidance above. Analysts have revised up their price targets, contributing to the stock's recovery.

Portfolio Pulse from Shanthi Rexaline

July 19, 2024 | 12:15 pm

VFS

VinFast Auto Ltd. (NASDAQ:VFS) shares are trading higher in the premarket session after the company debuted its first VF e34 C-SUVs at the Gaikindo Indonesia International Auto Show (GIIAS) 2024. The event marks a significant milestone as the company delivered the vehicles to pioneering customers in Indonesia. The VF e34 features modern design and advanced technology, with flexible sales policies including battery subscription options. VFS shares are up 3.08% to $4.69 premarket.

Portfolio Pulse from Nabaparna Bhattacharya

July 19, 2024 | 12:09 pm

SIGA

Siga Technologies shares are trading higher following the announcement that the U.S. Department of Health and Human Services exercised a $113 million procurement option for the delivery of oral TPOXX treatment courses.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:04 pm

TFIN

Triumph Financial shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and lowered its price target from $75 to $70.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:03 pm

SILO

Silo Pharma, Inc. (NASDAQ:SILO) announced a $2.1M registered direct offering of 763,638 shares of common stock at $2.75 per share, priced at-the-market under Nasdaq rules. The company will also issue unregistered warrants for the same number of shares at the same price in a concurrent private placement. The offering is expected to close around July 22, 2024, with H.C. Wainwright & Co. acting as the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:02 pm

MSFT

The FTC has criticized Microsoft for increasing the prices of Xbox Game Pass and introducing a new 'degraded' standard tier. The FTC argues that these changes, along with reduced investments in product quality, indicate Microsoft's market power post-merger with Activision Blizzard.

Portfolio Pulse from Rounak Jain

July 19, 2024 | 12:02 pm

GMGI

Golden Matrix Group Inc. (GMGI) has launched an AI-powered online casino game recommender aimed at enhancing the user gaming experience. This new technology is expected to personalize game suggestions for users, potentially increasing user engagement and retention.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:02 pm

DARE

Daré Bioscience, Inc. (NASDAQ:DARE) has regained compliance with Nasdaq's minimum bid price rule, as its stock price has been $1.00 or greater for 10 consecutive trading sessions.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:02 pm

PWR

Over the past three months, 9 analysts have shared their insights on Quanta Services (NYSE:PWR), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 7.8% to $287.22. Analysts from firms like Baird, Argus Research, and Goldman Sachs have raised their price targets, reflecting positive sentiment towards the company's financial performance and market position.

Portfolio Pulse from Benzinga Insights

July 19, 2024 | 12:01 pm

RBCAA

Republic Bancorp (NASDAQ:RBCAA) reported Q2 earnings of $1.30 per share, missing the analyst consensus estimate of $1.33 by 2.26%. Despite the miss, this represents a 21.5% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:01 pm