Streetbeat News

Stock Prices

BABA

EAT

Two consumer discretionary stocks, Alibaba Group Holding Limited (NYSE:BABA) and Brinker International, Inc. (NYSE:EAT), are highlighted as overbought according to their RSI values, signaling potential short-term declines. Alibaba introduced a new shopping app for Apple's Vision Pro, boosting its stock by 11% over the past month, while Brinker reported strong Q3 results and raised its FY24 guidance, leading to a 13% stock increase over five days.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 12:15 pm

DOGEUSD

PEPEUSD

Max, founder of BecauseBitcoin, predicts bullish trends for Pepe (PEPE) and Dogecoin (DOGE), citing Pepe's strong performance against Doge and Dogecoin's potential for a rally. Recent data shows Pepe's large transaction volume surged by 23.7%, and its daily active addresses increased by 9.9%, while Dogecoin saw a decrease in large transaction volume by 17.9% but an increase in daily active addresses by 2.5%. DOGE is currently trading at $0.1325, up 0.7%, and PEPE at $0.0000057623, up 2.5%.

Portfolio Pulse from Khyathi Dalal

May 03, 2024 | 12:10 pm

WOW

WideOpenWest (WOW) shares surged following an unsolicited non-binding preliminary proposal from DigitalBridge Investments and Crestview entities to acquire all outstanding WOW shares not owned by Crestview for $4.80 each in cash.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:07 pm

ADNT

EXPE

LOCO

In Friday's pre-market session, several consumer discretionary stocks showed significant movement. El Pollo Loco Holdings (LOCO) led the gainers with a 30.7% increase following their Q1 earnings report. Other notable gainers include Lixiang Education Holding (LXEH), Udemy (UDMY), Phoenix Motor (PEV), SRIVARU Holding (SVMH), and BJ's Restaurants (BJRI), all experiencing increases after their earnings reports. On the losing side, Adient (ADNT) saw a 12.3% decrease after their Q2 earnings, with Expedia Group (EXPE), Visionary Holdings (GV), Genius Gr (GNS), Dixie Gr (DXYN), and InterContinental Hotels (IHG) also reporting declines.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:06 pm

AEON

ARDX

HSDT

OMI

In Friday's pre-market session, several healthcare stocks showed significant movement. Helius Medical Tech led the gainers with a 48.9% increase, while AEON Biopharma experienced the largest drop among the losers, declining by 44.4%. Notably, Ardelyx and Owens & Minor reported their Q1 earnings, contributing to their stock increases.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:06 pm

FLR

STEM

XPO

In Friday's pre-market session, industrials stocks saw significant movements. XPO, Interface, and Fluor reported their Q1 earnings, influencing their stock prices. Gainers included XPO, 1847 Holdings, Astra Space, Interface, Volato Group, and SKYX Platforms, with XPO leading at a 9.2% increase. Losers were led by Stem, Custom Truck One Source, Terran Orbital, Asure Software, Perma-Fix Environmental Services, and Fluor, with Stem experiencing the largest decline at 15.2%.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:06 pm

AXTI

NET

SPT

In Friday's pre-market session, several Information Technology stocks showed significant movement. AXT, AEye, OneSpan, Clearfield, Upland Software, and OMNIQ were among the gainers, with AXT leading by a 25.7% increase following their Q1 earnings report. Conversely, Sprout Social, Marin Software, Radcom, Cloudflare, BigBear.ai Holdings, and Sobr Safe were the losers, with Sprout Social dropping 29% after their Q1 earnings announcement.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:06 pm

HSY

Hershey Company (NYSE:HSY) shares are trading higher after reporting better-than-expected first-quarter FY24 earnings, with significant growth in sales, gross margin, and operating income. The company also declared quarterly dividends and reaffirmed its FY24 outlook.

Portfolio Pulse from Shivani Kumaresan

May 03, 2024 | 12:04 pm

AXL

American Axle & Mfg Hldgs (AXL) reported Q1 earnings of $0.18 per share, surpassing the $0.02 estimate, marking a 1900% increase from last year's losses. Sales reached $1.61B, exceeding the $1.53B forecast and showing a 7.70% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:04 pm

BENF

Beneficient has successfully regained compliance with the NASDAQ's minimum bid price rule, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 12:04 pm