Streetbeat News

Stock Prices

IONQ

IonQ shares surged following the announcement of better-than-expected Q1 earnings, indicating a positive financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:38 pm

BTCUSD

ETHUSD

PENDLEUSD

Ethereum and Bitcoin experienced declines, with Ethereum falling below the $3,000 mark and Bitcoin dropping below $61,000. This movement coincided with an increase in U.S. jobless claims to 231,000, surpassing market expectations. The global crypto market cap also saw a decrease of 1.4%. Akash Network emerged as the top gainer, while Pendle was the biggest loser among cryptocurrencies over the last 24 hours.

Portfolio Pulse from Avi Kapoor

May 09, 2024 | 1:33 pm

SN

SharkNinja's stock price increased following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company has raised its guidance for FY24, signaling stronger future performance.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:30 pm

PLNT

Planet Fitness shares are trading lower following the announcement of disappointing Q1 financial results and a reduction in its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:28 pm

GOOGL

HUBS

VOX

XLC

Alphabet Inc (NASDAQ:GOOGL) is in advanced talks to acquire HubSpot Inc (NYSE:HUBS), as reported by Bloomberg. No final agreement has been reached, and there's a possibility of other buyers. HubSpot's shares have surged by 32% over the past year, with a notable increase of up to 6% in premarket trading. The acquisition could enhance Alphabet's position in the CRM sector, competing with Microsoft, Oracle, and Salesforce. Alphabet's stock has gained over 57% in the last 12 months, and exposure to it can be gained through ETFs like XLC and VOX.

Portfolio Pulse from Shivani Kumaresan

May 09, 2024 | 1:27 pm

AZEK

Azek shares are trading lower following the announcement of their Q2 financial results, indicating a negative market reaction to the company's performance.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:26 pm

NOMD

Nomad Foods shares surged following the announcement of Q1 financial results that exceeded expectations, along with a reiteration of FY24 guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:26 pm

HOOD

NVDA

QQQ

RBLX

TSLA

The top 10 trending stocks on WallStreetBets as of May 9, 2024, include a mix of technology, automotive, and consumer goods companies. The list, sourced from Swaggy Stocks, features RBLX, TSLA, HOOD, ALCC, CNVDA, LOT, DJT, ARM, TKO, and QQQ.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:26 pm

TPR

Tapestry Inc (NYSE:TPR) reported a 2% decline in Q3 FY24 sales to $1.482 billion, missing estimates. Adjusted EPS was $0.81, beating expectations. The company trimmed its FY24 revenue outlook to $6.6 billion from $6.7 billion, with EPS guidance maintained at $4.20-$4.25. Gross profit rose 1% Y/Y, but operating income fell 9.7%. Tapestry declared a quarterly dividend of $0.35. Shares dropped 2.57% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

May 09, 2024 | 1:25 pm

CAMT

Camtek's shares surged following a report of exceeding Q1 expectations and providing Q2 guidance that surpassed estimates.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:25 pm