Streetbeat News

Stock Prices

BKE

Buckle (NYSE:BKE) reported Q2 earnings per share of $0.78, missing the $0.80 estimate but beating the consensus estimate of $0.76. Sales were $282.39M, surpassing the $272.42M estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 10:57 am

RRGB

SQNS

WDAY

Workday, Inc. (NASDAQ:WDAY) shares surged 11.9% in pre-market trading after reporting better-than-expected Q2 financial results, with revenue of $2.08 billion and adjusted earnings of $1.75 per share. Several other stocks also showed significant pre-market movements, including Sequans Communications S.A. (NYSE:SQNS) and Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB).

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 10:53 am

WDAY

Workday Inc. (NASDAQ:WDAY) shares surged nearly 13% in pre-market trading due to impressive Q2 results and a positive long-term outlook. The company exceeded revenue and earnings estimates, reported strong subscription revenue growth, and projected continued growth in Q3.

Portfolio Pulse from Benzinga Neuro

August 23, 2024 | 10:46 am

BILL

CAVA

COIN

MSTR

NVDA

QQQ

ROST

SPY

WDAY

US stocks are poised for a strong start as traders anticipate dovish comments from Fed Chair Jerome Powell at Jackson Hole. Nvidia's earnings are expected to reinforce the strength of tech stocks. SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed gains in premarket trading. Several companies, including BILL Holdings, CAVA Group, Ross Stores, and Workday, saw significant premarket movements following earnings announcements.

Portfolio Pulse from Shanthi Rexaline

August 23, 2024 | 10:39 am

FUBO

FuboTV Inc. (NYSE:FUBO) has launched BKFC TV, a new free ad-supported streaming channel for Bare Knuckle Fighting Championship (BKFC), expanding its combat sports content. This move aims to leverage the growing popularity of combat sports. FuboTV recently reported a 25% year-over-year sales growth, beating analyst expectations.

Portfolio Pulse from Lekha Gupta

August 23, 2024 | 10:37 am

NVDA

Market analyst Peter Boockvar suggests that Nvidia's upcoming earnings report is more significant for Wall Street than Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium. Boockvar believes Nvidia's results will have a greater impact on the market than Powell's commentary on interest rates.

Portfolio Pulse from Benzinga Neuro

August 23, 2024 | 10:19 am

FLOKIUSD

Floki has decided to invest $200,000 in Simon's Cat token, leading to a 72% increase in CAT's price and a 4% rise in FLOKI's price. This move is part of Floki's strategy to expand its ecosystem beyond being a meme coin.

Portfolio Pulse from Aniket Verma

August 23, 2024 | 9:24 am

UUP

David Mericle, chief U.S. economist at Goldman Sachs, predicts a 25 basis point rate cut in September and expects a dovish tone from Fed Chair Jerome Powell at the Jackson Hole Symposium. This has led to a decline in the U.S. dollar index, impacting the Invesco DB USD Index Bullish Fund ETF.

Portfolio Pulse from Benzinga Neuro

August 23, 2024 | 9:10 am

TSLA

China is advancing rapidly in the development of battery-powered humanoid robots, competing with Tesla's efforts in the same field. The World Robot Conference in Beijing highlighted China's progress, supported by a $1.4 billion state-backed fund. Tesla's Optimus robot remains a significant influence despite competition from Chinese companies.

Portfolio Pulse from Benzinga Neuro

August 23, 2024 | 8:04 am

Zhihu reported a significant improvement in its Q2 adjusted EPS, reducing losses from $(0.30) to $(0.07) per share year-over-year. The company's sales of $128.50 million exceeded analyst expectations of $121.40 million, despite a 10.77% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 6:59 am