Streetbeat News

Stock Prices

AVGO

Broadcom (AVGO) has announced a 10-for-1 forward stock split, which will take effect on July 15. This move is expected to make the stock more accessible to a broader range of investors.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:18 pm

WRB

W. R. Berkley Corporation has approved a 3-for-2 common stock split.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:17 pm

AVGO

Broadcom has announced its revenue forecast for fiscal year 2024, projecting approximately $51.0 billion, which is slightly above the estimated $50.42 billion.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:16 pm

CURV

Torrid shares are trading higher following the release of their Q1 financial results, updated guidance, and executive promotions.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:16 pm

AVGO

Broadcom (NASDAQ:AVGO) reported Q2 2024 adjusted EPS of $10.96, beating the $10.84 estimate. Sales were $12.487 billion, surpassing the $12.028 billion estimate and marking a 42.99% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:15 pm

CARA

Trading for Cara Therapeutics (CARA) was halted and then resumed at 4:15 PM ET. The halt was due to pending news, which has now been released, allowing trading to continue.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:15 pm

BTCUSD

DOGEUSD

ETHUSD

SOLUSD

Cryptocurrency markets initially surged on positive CPI data but retraced after a hawkish FOMC press conference. Bitcoin, Ethereum, and Dogecoin saw notable price movements. Key statistics include high short liquidations and increased large transaction volumes. Ethereum is considered undervalued by some traders, while Solana and Ripple ETFs are unlikely in the near future.

Portfolio Pulse from Khyathi Dalal

June 12, 2024 | 8:13 pm

ARM

Arm Holdings Plc (NASDAQ:ARM) shares are trading higher due to new CPI data and AI enthusiasm. The U.S. CPI showed a slight decrease in annual inflation and no growth on a monthly basis, with energy prices declining significantly. The semiconductor sector, including Arm Holdings, benefited from optimism around AI technologies.

Portfolio Pulse from Vaishali Prayag

June 12, 2024 | 8:13 pm

RARE

Ultragenyx shares are trading lower following the announcement of a proposed public offering of common stock and pre-funded warrants.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:09 pm

OXM

Oxford Industries has provided its financial outlook for FY24 and Q2, with net sales and adjusted EPS estimates falling short of analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:08 pm