Streetbeat News

Stock Prices

TXN

Texas Instruments Incorporated (NASDAQ:TXN) reported Q4 earnings of $1.49 per share, slightly above expectations but a 30.05% decrease from the previous year. Sales were $4.08 billion, below the $4.12 billion estimate and down 12.70% from last year. The company's outlook for Q1 revenue is also lower than expected, between $3.45 billion and $3.75 billion, compared to the $4.06 billion estimate. After the report, TXN shares dropped 3.61% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

January 23, 2024 | 9:46 pm

VBTX

Veritex Holdings (NASDAQ:VBTX) reported Q4 earnings with an EPS of $0.58, missing estimates by 6.45% against the expected $0.62. Revenue also declined from the previous year by $42.68 million. Despite missing EPS estimates last quarter, the stock increased by 0.24% the following day. Historical earnings performance shows a pattern of mixed results compared to estimates over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:45 pm

EVAX

MRK

Evaxion Biotech's stock price has increased following a 13G filing that revealed Merck & Co now holds an 11.4% stake in the company as of December 21, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:44 pm

ISRG

Intuitive Surgical's stock is trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:40 pm

STLD

Steel Dynamics (NASDAQ:STLD) reported Q4 earnings with an EPS of $2.61, missing estimates by 1.88% against the expected $2.66. Revenue decreased by $593 million from the same period last year. Historically, a miss on EPS last quarter led to a 4.07% share price drop the following day. The company's past earnings performance shows mixed results with both misses and beats on EPS estimates.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:40 pm

NEE

NextEra Energy (NYSE:NEE) has delivered an average annual return of 10.2% over the past 20 years, outperforming the market by 2.67% annually. A $100 investment in NEE 20 years ago would be worth $696.15 today. The company's current market capitalization stands at $117.34 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:36 pm

ARKK

TSLA

Cathie Wood of Ark Investment Management commented on CNBC that Tesla could lower its prices if the global economy is in a weak spot. This statement reflects her view on Tesla's pricing strategy in response to economic conditions.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:36 pm

ARKK

SPY

Cathie Wood of Ark Investment Management has predicted that U.S. interest rates will decrease sooner and more rapidly than anticipated by most. Her view contrasts with the market consensus, which expects further rate hikes to combat inflation.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 9:35 pm

RNST

Renasant (NYSE:RNST) reported Q4 earnings with an EPS of $0.76, beating estimates by 18.75% but with a revenue decline from the previous year. The company has a history of surpassing EPS estimates, which has previously led to a share price increase.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:35 pm

HLAN

Heartland Bancorp (OTC:HLAN) reported Q4 earnings with an EPS of $2.61, beating estimates by 9.66% against the expected $2.38. Revenue increased by $288 thousand compared to the same period last year. Despite beating last quarter's EPS estimate, the share price did not change the following day. The company has a history of surpassing EPS estimates in previous quarters.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:35 pm