Streetbeat News

Stock Prices

BURL

Burlington Stores has expressed confidence in its future, specifically for the year 2024, regarding its comparable store sales and margin assumptions that were previously shared in November. This forward-looking statement indicates a positive outlook on the company's financial health and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:50 am

SHIBUSD

Arthur Hayes, co-founder of BitMex, celebrated the early access launch of SHIB Names tokens by Shiba Inu (CRYPTO: SHIB), in partnership with D3 Inc. These tokens, aimed at navigating the decentralized web, have led to a 90% surge in SHIB's value, outperforming major cryptocurrencies like Bitcoin and Ethereum. The initiative and its success highlight the growing influence and potential broader adoption of the meme coin.

Portfolio Pulse from Benzinga Neuro

March 07, 2024 | 11:50 am

CI

Cigna has increased its long-term average annual adjusted EPS growth target to 10%-14% and has reaffirmed its 2024 adjusted EPS guidance of at least $28.25, compared to the estimated $28.42.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:49 am

STVN

Stevanato Gr (NYSE:STVN) reported Q4 2023 adjusted EPS of $0.194, surpassing the $0.190 estimate, with sales of $345.091M exceeding the $326.434M forecast. This represents a 15.75% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:48 am

BURL

Burlington Stores (NYSE:BURL) reported Q4 adjusted earnings of $3.66 per share, surpassing the $3.30 estimate, and sales of $3.13B, exceeding the $3.07B estimate. This represents a 23.65% increase in earnings and a 13.92% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:46 am

BJ

BJ's Wholesale Club reported Q4 adjusted EPS of $1.11, surpassing the $1.06 estimate, marking an 11% increase from last year. However, their sales of $5.36B slightly missed the $5.39B estimate, though still up 8.73% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:46 am

NYCB

QQQ

SPY

VSCO

U.S. stock futures are up, driven by hopes of Fed rate cuts and Jerome Powell's dovish comments. NYCB's bailout and job market indicators are in focus. S&P 500 ETF (SPY) and Invesco QQQ ETF (QQQ) rose in premarket trading. Companies like VSCO, ABM, AEO, BILI, BJ, BURL, CIEN, FCEL, KR, BBAI, AVGO, DOCU, COST, GPS, IOT, SWBI, MDB, RIVN, and PLTR are highlighted for their stock movements or upcoming earnings reports.

Portfolio Pulse from Shanthi Rexaline

March 07, 2024 | 11:43 am

ARHS

Arhaus (NASDAQ:ARHS) reported Q4 adjusted EPS of $0.22, surpassing the $0.16 estimate, with sales of $344.01M also beating the $334.53M estimate. However, both earnings and sales saw a decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:34 am

ETST

LAB

QSI

Insiders at Earth Science Tech, Standard BioTools, and Quantum-Si have recently made significant stock purchases. Earth Science Tech announced a $5 million stock repurchase program, Standard BioTools reported better-than-expected Q4 revenue, and Quantum-Si posted upbeat quarterly results. These insider transactions indicate confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

March 07, 2024 | 11:33 am

BTCUSD

El Salvador's President Nayib Bukele reacted with laughter to the indictment of Sen. Bob Menendez, a critic of El Salvador's Bitcoin adoption, on new charges including obstruction of justice. This adds to Menendez's existing bribery charges. Menendez had co-sponsored legislation against El Salvador's Bitcoin use. Meanwhile, Bitcoin reached a new high of $69,170.63 but traded nearly flat at $65,941.32 recently.

Portfolio Pulse from Benzinga Neuro

March 07, 2024 | 11:30 am