Streetbeat News

Stock Prices

ZM

Zoom Video Communications Inc (NASDAQ:ZM) is set to report its fiscal first-quarter financial results after the market close on Monday. Analysts expect earnings of $1.20 per share and revenue of $1.126 billion. Zoom has a strong track record of beating estimates and has guided for revenue between $1.125 billion to $1.13 billion and adjusted earnings of $1.18 to $1.20 per share. The company also authorized a $1.5 billion buyback. Investors will be keen on the earnings report and any updates on the buyback.

Portfolio Pulse from Adam Eckert

May 20, 2024 | 6:10 pm

SPY

Federal Reserve's Mester believes inflation will decrease but not quickly. She states that current policies are well-positioned to handle risks on either side.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:10 pm

SPY

Federal Reserve's Mester states that monetary policy is moderating demand, but the pace is slower than anticipated.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:09 pm

SPY

Federal Reserve's Mester expressed concerns over the lack of progress on inflation but noted that there is no risk in spending more time gathering data due to the strong economy.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:08 pm

SPY

Federal Reserve's Mester stated that she does not consider the timing of potential rate cuts, emphasizing that any decision will depend on progress with inflation.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:07 pm

SPY

Federal Reserve's Mester indicated that the risks of the Fed being too restrictive have decreased in the first part of the year, while inflation risks remain tilted to the upside.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:06 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has started rolling out its Full Self-Driving (FSD) v12.4 update, which removes the 'steering wheel nag' and enhances camera-based driver monitoring. This update aims to improve the driving experience and safety measures.

Portfolio Pulse from Benzinga EV Insights

May 20, 2024 | 6:06 pm

SPY

Federal Reserve's Mester stated that labor markets are becoming better balanced, which is expected to put downward pressure on inflation.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:05 pm

SPY

Federal Reserve's Mester stated that monetary policy remains restrictive and inflation progress stalled in the first three months of the year. The April CPI report showed positive signs, but it is too early to determine the inflation trajectory.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 6:04 pm

XOM

Deep-pocketed investors have shown a bearish sentiment towards Exxon Mobil (NYSE:XOM) through significant options activities. Benzinga's options scanner highlighted 22 extraordinary options activities, with 50% of the sentiment being bearish. The price range eyed by these investors is between $77.5 and $130.0. Analysts have mixed ratings, with a consensus target price of $140.4.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 6:01 pm