Streetbeat News

Stock Prices

OLLI

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) shares are trading lower despite reporting strong Q2 results. The company beat revenue estimates and raised its fiscal year 2024 sales and EPS outlook. However, shares fell by 5.697% to $88.74.

Portfolio Pulse from Nabaparna Bhattacharya

August 29, 2024 | 4:24 pm

ADI

INTC

NVDA

Semiconductor and chip stocks are trading higher following NVIDIA's earnings report, despite NVIDIA's own shares falling after better-than-expected results.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:20 pm

AILE

BBY

BCDA

BIG

ENSC

LUCY

XRTX

U.S. stocks rose with the Nasdaq surging over 1% as Best Buy reported strong earnings, raising its FY25 guidance. Best Buy's stock gained after beating EPS and sales expectations. Other notable stock movements included BioCardia, Innovative Eyewear, and XORTX Therapeutics, which saw significant gains, while iLearningEngines, Ensysce Biosciences, and Big Lots experienced declines.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 4:19 pm

ORCL

Unusual options activity has been detected for Oracle (NYSE:ORCL), with a significant bearish sentiment among investors. This suggests potential upcoming volatility in Oracle's stock price. The options activity includes 13 extraordinary trades, with 61% of the sentiment being bearish. The stock is currently trading at $140.39, with an earnings announcement expected in 11 days.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:16 pm

UTME

UTime Ltd is addressing recent share price volatility by initiating an internal investigation to check for information leaks or other factors. The company may also start a short-selling investigation. UTime has entered the medical industry, collaborating with Dr. Ehud Baron and planning to acquire a lab for monkeypox vaccine development.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:16 pm

DIA

IWM

QQQ

SPY

Major indexes are rising due to positive US economic data, with investors also evaluating earnings reports in the tech and retail sectors.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:15 pm

FUFU

HIVE

MARA

MSTR

RIOT

Crypto-linked stocks and miners are experiencing a rise in share prices following Iris Energy's FY24 results. Bitcoin is also trading higher.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:11 pm

XPEV

XPeng shares rise as the company plans a European manufacturing site to mitigate import tariffs and launches a $20,000 vehicle with self-driving features.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:10 pm

HAIL

PSNY

Polestar Automotive Holding (NASDAQ:PSNY) shares surged after reporting a significant increase in Q2 deliveries, with a notable 82% rise quarter-over-quarter. The company also announced effective inventory management and a new CEO appointment. Polestar is optimistic about stronger sales in the second half of the year, particularly with the launch of new SUVs.

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 4:09 pm

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) impressed analysts with its Q2 financial results, beating revenue and earnings estimates. Despite concerns about the impact of a Microsoft outage, analysts maintain positive ratings and price targets, highlighting strong customer engagement and recovery strategies. The company's valuation is seen as attractive given its long-term growth potential.

Portfolio Pulse from Chris Katje

August 29, 2024 | 4:06 pm