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BA

A federal judge overseeing a case against Boeing accidentally traded the company's stock, raising ethical concerns. The judge dismissed a $72M verdict against Boeing, citing insufficient evidence. Boeing faces additional challenges, including structural issues and leadership changes.

Portfolio Pulse from Navdeep Yadav

August 22, 2024 | 11:59 am

CSIQ

Canadian Solar's shares fell after the company reported mixed Q2 results and issued Q3 revenue guidance below estimates. Additionally, the company lowered its FY24 revenue guidance, with the midpoint below expectations.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:56 am

ZUO

Zuora shares rise as the company reports better-than-expected Q2 results and provides strong Q3 and FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:54 am

WOLF

Wolfspeed shares are trading higher following the company's Q4 financial results announcement.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:53 am

NVDA

The article compares the risk-adjusted returns of Bitcoin and Nvidia. Bitcoin has risen 43% year-to-date but has a negative Sharpe ratio, indicating lower risk-adjusted returns. Nvidia, on the other hand, has surged 166% with a Sharpe ratio of 2.29, suggesting better risk-adjusted performance.

Portfolio Pulse from Aniket Verma

August 22, 2024 | 11:45 am

LU

Lufax Holding shares declined following disappointing Q2 sales results and the announcement of no semi-annual dividend payment.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:43 am

LANC

Lancaster Colony anticipates continued sales growth in its retail segment for FY25, driven by volume increases. The company also expects overall margin improvement through cost-saving initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:43 am

CGTX

Cognition Therapeutics announced the publication of results from the SEQUEL study of CT1812, their lead candidate for Alzheimer's disease, in the Journal of Prevention of Alzheimer's Disease.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:43 am

AAP

CG

Advance Auto Parts (AAP) reported disappointing Q2 earnings, missing EPS expectations and lowering its FY24 outlook. The company announced the sale of its Worldpac business to The Carlyle Group (CG) for $1.5 billion. AAP shares fell 11.2% in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

August 22, 2024 | 11:42 am

URBN

Urban Outfitters shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:41 am