Streetbeat News

Stock Prices

FCUV

Focus Universal's stock price increased following the announcement of board approval for the spin-off of Lusher.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:38 pm

NWL

Trading of Newell Brands shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:37 pm

FMX

Fomento Economico (FMX) reported Q1 earnings of $1.40 per share, surpassing the $1.00 estimate, a 40% increase from last year. However, their sales of $10.50B fell short of the $10.71B estimate, despite being an 8.88% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:35 pm

BDRX

Shares of Biodexa Pharmaceuticals were temporarily halted due to a circuit breaker triggered by a significant downside movement, despite the stock being up 104.2%.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:33 pm

NWL

Shares of Newell Brands were temporarily halted due to a circuit breaker triggered by a downside movement, but the stock has since recovered, now showing an increase of 8.50%.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:33 pm

PPIH

Perma-Pipe International Holdings (PPIH) reported a significant increase in Q4 earnings per share to $1.08, up 176.92% from $0.39 YoY. Sales also rose by 10.26% to $40.18M from $36.44M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:32 pm

BYD

Barclays analyst Brandt Montour has maintained an Equal-Weight rating on Boyd Gaming (NYSE:BYD) and reduced the price target from $70 to $68.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:30 pm

KB

KB Financial Group (NYSE:KB) reported Q4 adjusted EPS of $1.94, missing analyst estimates of $2.78 by 30.22%, but marking a 203.12% increase from last year's $0.64. Sales were $2.37B, down 6.73% from $2.54B a year ago.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 1:28 pm

BHP

KLAU

NEM

RS

Reliance, Newmont, BHP, and Kaiser Aluminum reported their Q1 2024 financial results. Reliance saw a 10.3% increase in tons sold and raised its dividend by 10%. Newmont produced 2.2 million gold equivalent ounces and declared a 25 cents per share dividend. BHP proposed a £27 billion acquisition of Anglo American, aiming to become the world's top copper producer. Kaiser Aluminum reported net sales of $738 million and an adjusted EBITDA of $62 million, maintaining its full-year outlook.

Portfolio Pulse from austin@walkonholdings.com

April 26, 2024 | 1:27 pm

AAPL

NVDA

VGT

XLK

Apple Inc (AAPL) is expanding its supplier network in China while also growing its presence in Southeast Asia and India, despite geopolitical tensions and a tech conflict between the U.S. and China. The company has increased its China-based suppliers, reducing reliance on other countries, and has seen a surge in suppliers in Vietnam and Thailand. Despite diversification efforts, China remains a significant part of Apple's supply chain. Apple's global shipments dropped nearly 10%, with softening demand in China, where it offered iPhone 15 series discounts. Morgan Stanley anticipates a slight revenue increase for the March quarter but expects a significant downward revision for June quarter guidance. Apple stock has gained 4% in the last 12 months, and exposure to AAPL can be gained through ETFs like VGT and XLK.

Portfolio Pulse from Anusuya Lahiri

April 26, 2024 | 1:26 pm