Streetbeat News

Stock Prices

ROKU

TTD

Roku, Inc. (NASDAQ:ROKU) has announced a partnership with The Trade Desk, Inc. (NASDAQ:TTD) to provide advertisers with enhanced TV streaming media planning, buying, and measurement capabilities using Roku's data. This collaboration aims to leverage Roku's audience and behavioral data for campaign optimization on The Trade Desk platform. Additionally, Roku has expanded its measurement partnership with iSpot.tv to share capabilities and drive innovation in the streaming TV ecosystem. TTD shares dropped by 0.73% to $83.88, while ROKU shares increased by 0.43% to $58.91.

Portfolio Pulse from Nabaparna Bhattacharya

April 30, 2024 | 5:52 pm

MSOS

The DEA plans to reclassify marijuana as a less dangerous drug, potentially moving it to Schedule III, acknowledging its medical uses and lower abuse potential. This historic policy shift, pending review by the White House Office of Management and Budget and public comment, has led to a sharp increase in cannabis stocks, notably the AdviserShares Pure U.S Cannabis ETF (MSOS), which surged 22.8%.

Portfolio Pulse from Maureen Meehan

April 30, 2024 | 5:50 pm

AAPL

CTEX

GLW

KNGZ

Corning Inc (NYSE:GLW), a supplier for Apple Inc (NASDAQ:AAPL), reported a fiscal first-quarter 2024 core sales decline of 3% year-on-year to $3.26 billion, surpassing the consensus of $3.12 billion. Core EPS was $0.38, beating the consensus of $0.35. The company saw varied performance across its segments, with Display Technologies growing by 14% and Optical Communications declining by 17%. Corning's CEO announced plans to add more than $3 billion in annualized sales within the next three years. Corning expects Q2 core sales of $3.40 billion and core EPS of $0.42 - $0.46. GLW shares rose by 5.11% to $33.41. Investors can also gain exposure to Corning through ETFs like First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) and ProShares S&P Kensho Cleantech ETF (NYSE:CTEX).

Portfolio Pulse from Anusuya Lahiri

April 30, 2024 | 5:45 pm

ISRG

LLY

PFE

REGN

SNDL

SYK

THC

UNH

VKTX

ZTS

Today's session highlighted significant options activity in the Health Care sector, with notable trades on stocks like LLY, THC, SNDL, PFE, ISRG, ZTS, SYK, REGN, UNH, and VKTX. The activity ranged from bearish to bullish sentiments, involving both call and put options with various expiration dates and strike prices. This unusual options activity could indicate potential trading opportunities based on the large sums of money moving in the market.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 5:35 pm

GRWG

RCL

TSLA

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, revealing bullish, bearish, or neutral sentiments towards stocks like TSLA, GRWG, GM, and others. The activity involves both call and put options across various expiration dates and strike prices, suggesting diverse market expectations.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 5:35 pm

AMD

DELL

INTC

MSTR

NTNX

NVDA

RIOT

SMCI

SNPS

Today's session highlighted significant options activity in the Information Technology sector, with notable trades on NVDA, AMD, KD, DELL, SNPS, SMCI, RIOT, INTC, NTNX, and MSTR. The activity ranged from neutral to bullish and bearish sentiments, involving both call and put options with various expiration dates and strike prices. This options activity could indicate market expectations and potential movements for these stocks.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 5:35 pm

IWM

LLY

TSLA

UUP

WBD

Stocks fell sharply on Tuesday amid fears of a hawkish pivot by the Federal Reserve, with major indices and several stocks experiencing significant declines. The S&P 500, Nasdaq 100, and iShares Russell 2000 ETF saw notable drops. Economic data indicating a rise in the employment cost index and a drop in consumer confidence added to the concerns. Treasury yields rose following comments from U.S. Treasury Secretary Janet Yellen, and the Invesco DB USD Index Bullish Fund ETF saw gains. Gold and Bitcoin fell sharply. Several companies moved on earnings reports and other news, including Tesla, Eli Lilly, and Warner Bros. Discovery.

Portfolio Pulse from Piero Cingari

April 30, 2024 | 5:35 pm

EPD

Enterprise Products Partners L.P. (NYSE:EPD) reported Q1 fiscal 2024 results with an 18.6% year-over-year sales growth to $14.76 billion, surpassing consensus estimates. However, EPS of 66 cents missed the consensus by one cent. Adjusted EBITDA increased to $2.47 billion, but distributable cash flow slightly decreased. The company highlighted growth driven by new assets and increased international demand. Capital investments for the quarter were $1.1 billion, and $40 million was spent on common unit buybacks. EPD expects $3.25 to $3.75 billion in organic growth capital investments for 2024 and 2025.

Portfolio Pulse from Akanksha Bakshi

April 30, 2024 | 5:34 pm

STLA

A potential work stoppage at a Stellantis plant could impact the production of Ram and Jeep vehicles, according to Bloomberg. This situation may affect the company's ability to meet demand for these popular models, potentially influencing its stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:34 pm

FLXS

Flexsteel Industries reported its Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:33 pm