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LGHL

Lion Group Holding shares rose following their announcement of an investment in Agunua Technology.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:45 pm

LIXT

LIXTE Biotechnology Holdings, Inc. (NASDAQ:LIXT) announced recent developments including a collaboration with NKI and funding support from a major pharmaceutical company for a new colorectal cancer clinical trial. The company also published preclinical data showing LB-100's potential to enhance immunotherapy benefits and appointed Jan Schellens as Chief Medical Officer.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:42 pm

AMAT

AMZN

HD

Home Depot, Amazon, and Applied Materials were discussed on CNBC's 'Final Trades'. Home Depot reported mixed Q2 results with better-than-expected margins but missed sales estimates. Amazon is forming partnerships with TikTok and Pinterest for direct shopping. Applied Materials reported strong Q3 results, beating revenue and earnings estimates.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 12:40 pm

EL

KLXY

MGRO

Estee Lauder's Q4 results show a 7% sales growth, but weak China sales impact the outlook. CEO Fabrizio Freda will retire at the end of FY25. The company expects a challenging FY25 with lower EPS and sales growth forecasts. Investors can gain exposure through ETFs like KLXY and MGRO.

Portfolio Pulse from Lekha Gupta

August 19, 2024 | 12:40 pm

C

CRWD

GS

PCG

Insider sales were reported for CrowdStrike, PG&E, Goldman Sachs, and Citigroup. These sales may indicate concerns about company prospects or stock overvaluation. Notable sales include CrowdStrike's Chief Security Officer selling shares after a price target cut, and Goldman Sachs' CEO selling shares amid a property sale.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 12:40 pm

GBTC

The cryptocurrency market is experiencing volatility with Bitcoin and Ethereum prices down. Despite this, Bitcoin saw significant inflows, while Ethereum had modest inflows. Grayscale experienced outflows, indicating a shift in investor trust. Solana faced record outflows due to declining meme coin trading volumes.

Portfolio Pulse from Murtuza Merchant

August 19, 2024 | 12:35 pm

VCIG

VCI Global Limited (NASDAQ:VCIG) reported a 44% YoY revenue increase to $13.7M for H1 2024 and announced a $10M share repurchase program over two years. The company saw significant growth in its business strategy consultancy and fintech segments.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:33 pm

SPHR

JPMorgan analyst David Karnovsky upgraded Sphere Entertainment Co (NYSE:SPHR) from Neutral to Overweight, raising the price target from $37 to $57. The Las Vegas Sphere's success in the tourism market and potential for international expansion are key factors. Sphere's recent financial performance and management's confidence in future growth support the upgrade.

Portfolio Pulse from Chris Katje

August 19, 2024 | 12:31 pm

LQDA

MREO

SERV

SHAK

YXT

Several stocks experienced declines in Monday's pre-market session. Liquidia Corporation saw a significant drop after FDA's tentative approval of YUTREPIA. Shake Shack was downgraded by Piper Sandler, contributing to its decline. Other stocks like YXT.COM, Mereo BioPharma, and Serve Robotics also faced losses.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 12:27 pm

LOW

Lowe's Companies, Inc. (NYSE:LOW) is set to release its Q2 earnings report on Aug. 20, with expected earnings of $3.97 per share, down from $4.56 last year. The company projects quarterly revenue of $23.91 billion. Lowe's offers a 1.91% annual dividend yield, translating to $1.15 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $314,460 is needed. Analyst Joseph Feldman maintains a Market Perform rating with a $230 price target.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 12:24 pm