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MSBI

Midland States Bancorp shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:33 pm

T

AT&T Inc (NYSE:T) reported fiscal Q2 2024 results with operating revenues of $29.8 billion, slightly missing the $29.9 billion analyst estimate. Despite this, the stock rose by 2% over the past five sessions due to positive factors such as adding 997,000 wireless customers, improved postpaid churn rate, increased adjusted EBITDA, and higher free cash flow.

Portfolio Pulse from Henry Khederian

July 26, 2024 | 4:33 pm

WRLD

World Acceptance shares are trading lower after the company reported worse-than-expected Q1 revenue results.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:31 pm

AMTB

Amerant Bancorp shares are trading lower after Janney Montgomery Scott downgraded the stock from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:31 pm

FSLR

Financial giants have shown a bullish interest in First Solar (NASDAQ:FSLR) through significant options trades. Analysis reveals a mix of bullish and bearish sentiments, with a notable price window of $135.0 to $300.0. The stock is currently trading at $228.42, up by 5.66%, with an anticipated earnings release in 4 days. Analysts have set an average target price of $287.8.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:30 pm

COST

Deep-pocketed investors have shown a bearish sentiment towards Costco Wholesale (NASDAQ:COST) through significant options trading activities. Benzinga's options scanner highlighted 25 extraordinary options activities, with a notable split in sentiment: 32% bullish and 36% bearish. The largest trades include both calls and puts, with a price window from $225.0 to $900.0. Analysts have mixed ratings, with a consensus target price of $906.0.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:30 pm

SPOT

Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years, producing an average annual return of 16.11%. A $1000 investment in SPOT 5 years ago would be worth $2,127.95 today. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:30 pm

EXP

Eagle Materials (NYSE:EXP) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.31%. A $100 investment in EXP 5 years ago would now be worth $282.39. The company's current market capitalization is $7.98 billion.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 4:30 pm

BUYZ

IYT

UBER

Uber Technologies shares are trading lower today after the California Supreme Court upheld Proposition 22, allowing rideshare companies to classify drivers as independent contractors. This ruling is seen as a significant win for the ride-hailing industry, ensuring drivers' contractor status while providing some benefits. Uber's stock has risen 38% in the last twelve months, and investors can gain exposure through ETFs like IShares U.S. Transportation ETF (IYT) and Franklin Disruptive Commerce ETF (BUYZ).

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 4:25 pm

VLTO

Veralto shares are trading higher after the company reported better-than-expected Q2 financial results and raised its 2024 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:20 pm