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Stock Prices

XOM

Exxon Mobil's stock price declined due to a miss in Q1 earnings expectations.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:32 am

BYD

JP Morgan analyst Joseph Greff downgraded Boyd Gaming (NYSE:BYD) from Overweight to Neutral and reduced the price target from $80 to $67, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:31 am

B

Barnes Group Inc. (B) reported Q1 2024 adjusted EPS of $0.38, surpassing the $0.36 estimate, with sales of $430.638M exceeding the $427.891M forecast. This represents a 28.41% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:31 am

ACMR

BYD

DXCM

HTZ

INTC

ROKU

TDOC

TEAM

Intel Corporation reported weaker-than-expected Q1 sales and issued lower EPS guidance, leading to a 7.2% drop in pre-market trading. Other companies like Boyd Gaming, Hertz Global Holdings, DexCom, Atlassian, ACM Research, Teladoc Health, and Roku also saw pre-market losses following disappointing financial results or corporate announcements.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 10:26 am

DOW

JP Morgan analyst Jeffrey Zekauskas upgrades Dow (NYSE:DOW) from Neutral to Overweight and raises the price target from $55 to $61.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:20 am

DOGEUSD

FLOKIUSD

SHIBUSD

Cryptocurrency influencer Crash predicts meme coins BRETT, BOBO, PEPE, and REDO to outperform in the current cycle, emulating the success of DOGE, SHIB, and FLOKI. Notable traders highlight the importance of altcoin selection, with Bitcoin recognized as a safe asset. The potential for meme coins to make significant gains during bull runs is emphasized, with specific coins like WIF and MYRO also mentioned as likely to explode in value.

Portfolio Pulse from Khyathi Dalal

April 26, 2024 | 10:16 am

CVX

Chevron (NYSE:CVX) reported Q1 2024 adjusted EPS of $2.93, surpassing the $2.87 estimate, but its sales of $48.716B fell short of the expected $50.661B. This represents a 17.46% decrease in earnings and a 4.09% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:16 am

CRI

Carter's Q1 2024 earnings report exceeded expectations with an adjusted EPS of $1.04, surpassing the $0.77 estimate, and sales of $661.492M, beating the $640.499M forecast. This represents a 35.06% beat on EPS and a 3.28% beat on sales, despite a 4.94% decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:13 am

MSFT

Microsoft Corp's CEO Satya Nadella is planning a visit to Southeast Asia to discuss AI developments with government officials and developers. The visit aims to strengthen Microsoft's AI initiatives in the region, leveraging its Azure cloud-computing unit and partnership with OpenAI. Microsoft's focus on AI has driven demand for its software and cloud services, contributing to a 17% increase in third-quarter revenue to $61.9 billion, surpassing analyst estimates. The company also highlighted its record-breaking gaming performance and expansion plans.

Portfolio Pulse from Benzinga Neuro

April 26, 2024 | 10:12 am

CAT

Stifel analyst Stanley Elliott downgraded Caterpillar (NYSE:CAT) from Buy to Hold while raising the price target from $293 to $350.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:08 am