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BBWI

Bath & Body Works shares are trading lower after the company reported Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:59 am

TM

Toyota Motor Corp (NYSE:TM) is recalling over 100,000 vehicles in the U.S. due to concerns about engine debris that could cause stalling and loss of driving power. The recall affects 2022-2023 Tundra and Lexus LX600 models. This comes amid other quality control issues for Toyota, including suspensions of shipments and sales of certain models in Japan.

Portfolio Pulse from Anan Ashraf

June 04, 2024 | 10:58 am

NIO

TSLA

NIO Inc. (NYSE:NIO) is undergoing an organizational reshuffle, rebranding its strategic new business units and maintaining existing department heads. The company also reported record EV sales in May. NIO's sub-brand Onvo has established 16 regional companies to advance its brand and sales. NIO shares are trading lower in the premarket session.

Portfolio Pulse from Nabaparna Bhattacharya

June 04, 2024 | 10:57 am

INFY

MMYT

Shares of US-listed India stocks are trading lower amid early results from India's general election.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:57 am

CORZ

Core Scientific shares are trading higher following the announcement of a series of 12-year contracts with CoreWeave.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:54 am

CTRN

Citi Trends has revised its FY24 outlook, lowering its comparable store sales growth projection to low to mid-single digits from mid-single digits. The company expects gross margin expansion of 75-100 basis points and a slight increase in SG&A expenses. EBITDA remains unchanged, and the company plans to open up to 5 new stores, remodel 40 stores, and close 10-15 underperforming stores.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:54 am

TCOM

Trip.com shares are trading lower following the announcement of a proposed offering of $1.3 billion in convertible senior notes.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:51 am

HDB

HDFC Bank shares are trading lower as Indian stocks fall amid early results from India's general election.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:50 am

DBI

Designer Brands shares are trading lower following Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:49 am

CTRN

Citi Trends (NASDAQ:CTRN) reported Q1 losses of $(0.32) per share, beating the analyst estimate of $(0.35). Sales were $186.29M, slightly missing the $187.37M estimate. Compared to last year, losses improved by 51.52% and sales increased by 3.67%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:48 am