Streetbeat News

Stock Prices

DNOW

LUNR

MTW

WATT

In Thursday's intraday session, several industrials stocks experienced significant movements. Intuitive Machines, Energous, ATIF Holdings, Guardforce AI Co, Dnow, and Tigo Energy were among the gainers, with notable increases in their stock prices. On the other hand, Earlyworks Co, Innodata, Addentax Group, Clean Energy Technologies, Zoomcar Holdings, and Manitowoc Co saw declines. The movements were attributed to recent earnings reports for some companies.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:31 pm

FSLY

PEGA

SOUN

The article reports on significant movements in the stock prices of 12 Information Technology companies during Thursday's intraday session. Notable gainers include SoundHound AI, Pegasystems, Inseego, JFrog, Infobird Co, and AppLovin, with increases attributed to recent earnings reports for some. Conversely, Focus Universal, Quantum, Fastly, MariaDB, Mawson Infra Gr, and Gryphon Digital Mining experienced notable declines, with some losses linked to recent earnings announcements.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:31 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has seen unusual options activity indicating a bullish stance by big-money investors, with a split of 60% bullish and 40% bearish sentiment. The activity includes 10 uncommon trades, with 2 puts and 8 calls, targeting a price window of $40.0 to $47.5. The company, specializing in digital commerce solutions, has its stock price currently up by 1.22% at $41.49. Expert opinions on AFRM are mixed, with target prices ranging from $16 to $50.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:30 pm

NET

Cloudflare (NYSE:NET) has seen a surge in options activity, with an equal split between bullish and bearish sentiments among deep-pocketed investors. The activity focuses on options with strike prices between $75.0 and $105.0. The largest trades include both calls and puts, with varying sentiments and expiration dates. Cloudflare's stock is slightly up, with an RSI indicating it may be approaching overbought territory. Analysts have set an average price target of $109.6, with ratings ranging from Neutral to Overweight.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:30 pm

AMZN

AVGO

GOOG

GOOGL

META

MSFT

Meta Platforms Inc (NASDAQ:META) is expanding its board with Broadcom Inc's (NASDAQ:AVGO) CEO, Hock E. Tan, and philanthropist John Arnold, following Sheryl Sandberg's departure. This move aligns with Meta's focus on artificial general intelligence (AGI) and efficiency. The tech sector, including Amazon (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), and Meta, is shifting towards cost control and efficiency, with Meta's stock rising 2.77% recently.

Portfolio Pulse from Anusuya Lahiri

February 15, 2024 | 5:26 pm

AMD

AVGO

MSFT

NVDA

TSMWF

The AI 5, coined by Light Street Capital's Glen Kacher, highlights Nvidia, Microsoft, AMD, TSMC, and Broadcom as leading stocks in the AI-driven market. Nvidia excels in GPUs for AI, Microsoft invests heavily in AI with OpenAI, AMD introduces the MI300X chip for AI computations, TSMC leads in semiconductor manufacturing with advanced technologies, and Broadcom's semiconductor solutions support AI applications. Warren Buffett has invested in Apple and Amazon, part of The Magnificent Seven, but not directly in AI 5 stocks.

Portfolio Pulse from Stjepan Kalinic

February 15, 2024 | 5:19 pm

ARCH

Arch Resources Inc (NYSE:ARCH) shares fell after reporting mixed Q4 results. Revenue was $774.0 million, down from $859.5 million YOY but above consensus. Adjusted EBITDA and EPS missed expectations. The company saw a decrease in coking coal sales volume and announced a quarterly cash dividend of $1.65 per share. It also repurchased $3.0 million in shares, with $217.7 million remaining under its repurchase program. The outlook for 2024 includes an increase in coking coal production and solid contributions from thermal assets.

Portfolio Pulse from Lekha Gupta

February 15, 2024 | 5:17 pm

TWLO

Twilio Inc (NYSE:TWLO) shares dropped despite reporting strong Q4 results, as the company did not release a full-year outlook and announced a review of its Segment business. Analysts have mixed views, with some reducing price targets due to concerns over the Segment business and first-quarter guidance, while others remain optimistic about the company's margin expansion and operational review outcomes.

Portfolio Pulse from Priya Nigam

February 15, 2024 | 5:17 pm

OTLY

Oatly Group AB (NASDAQ:OTLY) reported a Q4 loss per share of $(0.50), wider than the expected $(0.15), but surpassed revenue expectations with $204.12 million against a forecast of $191.34 million. Revenue grew by 4.6% year-over-year, with a slight increase in sold volume. The company improved its gross margin to 23.4% and reduced its adjusted EBITDA loss to $19.2 million. Despite these improvements, OTLY shares dropped 15.1% to $1.14. Oatly forecasts 5-10% revenue growth for 2024 with an adjusted EBITDA loss of $35-$60 million and capital expenditures below $75 million.

Portfolio Pulse from Nabaparna Bhattacharya

February 15, 2024 | 5:03 pm

FXI

SPY

U.S. Senator Marco Rubio has called on the SEC to prevent the IPO of Chinese fashion retailer Shein unless the company discloses its operational risks in China. This move highlights growing concerns over Chinese companies listed in the U.S. without full transparency.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 5:02 pm