Streetbeat News

Stock Prices

HAO

OMC

TTD

Haoxi Health Technology Limited (NASDAQ:HAO) shares are trading lower despite recently closing its IPO, raising $9.60 million. The shares began trading on Nasdaq on January 26, 2024, and the company plans to use the proceeds for working capital, acquisitions, and hiring. Over the last five days, HAO shares surged 43.41%, outperforming peers like The Trade Desk, Inc. (NASDAQ:TTD) and Omnicom Group Inc. (NYSE:OMC). HAO shares are down 9.31% to $7.01 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

January 31, 2024 | 12:42 pm

HES

Hess Corporation reported an increase in Q4 oil and gas net production to 418,000 boepd, up 11% YoY. Bakken net production rose 23% YoY to 194,000 boepd, while Guyana net production increased to 128,000 bopd from 116,000 bopd YoY.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:41 pm

DCGO

DocGo, a provider of mobile health services, has announced a share buyback program authorizing the repurchase of up to $36 million of its shares. This move is often seen as a signal of confidence by the company's management in the firm's future prospects and financial health. Share buyback programs can also lead to an increase in earnings per share and a reduction in the overall share count, potentially boosting the stock price.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:37 pm

HES

Hess Corporation (NYSE:HES) reported Q4 adjusted earnings of $1.63 per share, surpassing the consensus estimate of $1.44 by 13.19%. However, this represents a 8.43% decrease from the previous year's earnings of $1.78 per share. Quarterly sales reached $3.04 billion, exceeding estimates of $2.59 billion by 17.18%, but marking a slight 0.62% drop from the previous year's $3.05 billion.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:36 pm

FTV

Fortive (NYSE:FTV) reported Q4 2023 adjusted earnings per share (EPS) of $0.98, surpassing the consensus estimate of $0.94 by 4.26%. Quarterly sales reached $1.58 billion, exceeding the $1.56 billion estimate by 1.23% and marking a 3.53% increase from $1.53 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:33 pm

BA

Boeing reported its Q4 2023 deliveries, totaling 157 commercial airplanes. The company also secured 611 net orders during the same period, indicating a strong demand for its aircraft.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:33 pm

CMCSA

DFS

MSM

VRNT

Insiders at Comcast, Discover Financial, MSC Industrial Direct, and Verint Systems have recently sold shares of their companies. MSC Industrial Direct acquired KAR Industrial Inc., while Discover Financial reported a significant drop in Q4 profit. Comcast announced strong Q4 earnings, a $15 billion buyback, and a dividend increase. Insider sales can indicate various sentiments about the company's prospects and stock valuation.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 12:33 pm

MHO

M/I Homes reported a 61% increase in new contracts for Q4, totaling 1,588. However, the number of homes delivered during the same period decreased by 15%, with a total of 2,019 homes delivered.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:32 pm

AMD

Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Advanced Micro Devices (AMD) and increases the price target from $200 to $250.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:32 pm

BA

Boeing has announced that its 737 program is continuing to deliver airplanes with a production rate of 38 per month. Additionally, the 787 program's production rate has reached five per month.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 12:32 pm