Streetbeat News

Stock Prices

TSLA

Tesla's Q3 results exceeded expectations with strong earnings, improved margins, and a positive vehicle delivery outlook for 2025. Analysts have varied opinions, with some raising price targets and others maintaining cautious stances. Key highlights include Tesla's focus on cost reduction, new vehicle launches, and future growth plans.

Portfolio Pulse from Chris Katje

October 24, 2024 | 4:28 pm

MORN

Morningstar's shares are experiencing a decline following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:28 pm

AIRR

MSM

OUSM

MSC Industrial Direct Company, Inc. (NYSE:MSM) reported a decline in Q4 net sales by 8% year-over-year, missing consensus estimates. The company faces challenges in the heavy manufacturing sector, impacting its financial performance. Despite a dividend increase, MSM shares fell 4.49%.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 4:24 pm

BYON

HON

MOH

MRNS

NXU

QS

U.S. stocks showed mixed performance with the Nasdaq Composite gaining 0.3%. Honeywell's shares fell 4% after missing revenue expectations and lowering FY24 sales guidance. Nxu, Inc. shares surged 216% on a proposed merger, while QuantumScape rose 25% after announcing production of B-sample cells. Molina Healthcare shares increased 22% following strong Q3 results. Beyond, Inc. and Marinus Pharmaceuticals saw significant declines due to disappointing earnings and trial results, respectively.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 4:22 pm

T

AT&T reported mixed Q3 results, with service revenues growing by 4% and EBITDA by 3.4%. Analysts have mixed ratings, with price targets ranging from $19 to $24. The company faces challenges in wireless equipment revenues and business wireline, but maintains its full-year guidance.

Portfolio Pulse from Priya Nigam

October 24, 2024 | 4:22 pm

LYFT

NVDA

QQQ

SPY

TSLA

UBER

Tesla's strong earnings report has positively impacted its stock and is also benefiting Nvidia, as Tesla is a major customer. Rising yields are causing some market selling, but Tesla's results are counterbalancing this effect. Positive money flows are observed in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

October 24, 2024 | 4:21 pm

MNPR

Monopar Therapeutics shares experienced significant volatility, with trading resuming and then being halted again due to a circuit breaker as the stock surged by 507.8%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:20 pm

VZ

Verizon Communications shares declined following a downgrade by Keybanc from Overweight to Sector Weight.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:19 pm

INSM

Insmed's short interest has increased by 8.04%, with 13.20 million shares sold short, representing 7.79% of its float. This is higher than its peers' average of 5.08%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 4:18 pm

PLTR

Palantir Technologies (NYSE:PLTR) has seen a 45.4% increase in short interest, with 97.63 million shares sold short, representing 4.9% of its float. This is higher than the peer group average of 3.12%. The increase in short interest may indicate bearish sentiment, but it can also be a bullish signal.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 4:17 pm