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Stock Prices

TPL

Texas Pacific Land shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:57 pm

EGHT

8x8 shares are trading lower after the company reported worse-than-expected Q1 financial results. Additionally, the company cut its FY25 revenue guidance and issued Q2 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:56 pm

ARM

ARM Holdings shares are trading higher following an upgrade from Bernstein, which raised the stock's rating from Underperform to Market Perform and increased the price target from $92 to $100.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:55 pm

HCAT

Health Catalyst shares are trading higher following the release of better-than-expected Q2 financial results and the announcement of a partnership expansion with Contexture.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:53 pm

XPEL

XPEL shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:51 pm

BTCUSD

CLSK

CleanSpark Inc (NASDAQ:CLSK) shares are trading higher as Bitcoin rebounds from a recent drop. The company is set to report earnings, with expectations of a loss of 4 cents per share on $110.881 million in revenue. CleanSpark recently executed 75 MW of power contracts and acquired a Bitcoin mining site in Wyoming, expected to add over 2 EH/s to its hashrate. The company mined 494 Bitcoin in July, bringing its total holdings to 7,082 and operating hashrate to 21.2 EH/s.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 2:48 pm

NXST

WBIF

WBIL

Nexstar Media Group Inc (NASDAQ:NXST) reported Q2 FY24 earnings that fell short of expectations, leading to a 3.30% drop in its stock price. The company saw a 2.3% Y/Y increase in net revenue to $1.269 billion, missing the consensus of $1.297 billion. Advertising revenue rose 2.2% Y/Y, driven by political ads, while distribution revenue gained 5.5% Y/Y. Adjusted EBITDA increased by 18.8% Y/Y, and EPS was $3.54, below the consensus of $4.01. Investors can gain exposure to Nexstar via WBI BullBear Value 3000 ETF (NYSE:WBIF) and WBI BullBear Quality 3000 ETF (NYSE:WBIL).

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 2:48 pm

ICUI

ICU Medical shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:47 pm

AMGN

Recent options trading activity indicates a bearish sentiment among big-money investors towards Amgen (NASDAQ:AMGN). Benzinga's options scanner identified 12 uncommon options trades, with 75% being bearish. The trades suggest a price target range of $300 to $325 for Amgen over the next three months. Analysts have mixed ratings, with price targets ranging from $305 to $381.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 2:47 pm

AXON

Recent options activity for Axon Enterprise (NASDAQ:AXON) shows a predominantly bearish sentiment among large investors, with 69% of trades being bearish. The trading volume and open interest suggest a price range between $100 and $430. Analysts have mixed ratings, with some downgrading their outlooks.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 2:46 pm