Streetbeat News

Stock Prices

TSLA

Barclays analyst Dan Levy has maintained an Equal-Weight rating on Tesla (NASDAQ:TSLA) but reduced the price target from $260 to $250.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:19 pm

DFS

Discover Financial Services (NYSE:DFS) stock declined after reporting Q4 earnings of $1.54 per share, missing analyst estimates of $2.52 per share. Revenue increased 13% YOY to $4.196 billion, and total loans grew by 15% to $128.4 billion. The net charge-off rate was 4.11%. Digital Banking pretax income decreased due to higher credit loss provisions and operating expenses, while Payment Services income rose due to higher PULSE revenue. Discover declared semi-annual dividends for its Series C and D stock and is positioned for growth in 2024.

Portfolio Pulse from Adam Eckert

January 18, 2024 | 2:13 pm

Boeing Co (NYSE:BA) stock is trading higher after Akasa Air announced an order for 150 Boeing 737 MAX planes. This order comes despite a recent mid-air incident involving a 737 MAX 9, which led to the FAA grounding 171 jets. The order was announced at the 'Wings India' air show and excludes the 737 Max 9 version. Akasa Air is set to receive 204 planes over eight years. Boeing is implementing additional quality inspections and has sent a team to oversee work at Spirit AeroSystems.

Portfolio Pulse from Adam Eckert

January 18, 2024 | 2:11 pm

AAPL

AMD

GLD

MARA

NVDA

QQQ

TSLA

TSM

Swaggy Stocks has identified the top 10 trending stocks on WallStreetBets as of January 18, 2024. The list includes NVDA, AMD, AAPL, TSLA, TSM, BA, QQQ, MARA, and GLD.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 2:11 pm

WNS

Shares of WNS (Holdings) Limited (NYSE:WNS) are on the rise following the company's Q3 FY2024 report, which surpassed consensus estimates with revenue of $315.9 million and adjusted EPS of $1.18. The company also reported a year-over-year profit increase to $39.6 million, attributed to revenue growth, improved productivity, and a one-time tax benefit. WNS updated its FY2024 revenue forecast to $1.27-$1.292 billion and adjusted EPS to $4.27-$4.39. The firm added new global headquarters in New York and London, indicating a strategic decentralization of leadership.

Portfolio Pulse from Nabaparna Bhattacharya

January 18, 2024 | 2:10 pm

AAPL

DFS

JPM

NVDA

PLUG

TSLA

The cryptocurrency market saw significant movements with a record $665M Bitcoin transaction and a surge in meme coins after Trump's statement against CBDCs. In the US markets, Discover Financial reported lower Q4 profits, and the Dow fell for the third consecutive session. Trump leads in New Hampshire polls and opposes CBDCs, while Biden seeks Ukraine aid. In tech, TSMC exceeded expectations despite a profit drop, and Apple and Nvidia plan expansions. Tesla faces questions over its pricing strategy, and Rivian introduces leasing options. JPMorgan's CEO met with other bank leaders to discuss fintech competition.

Portfolio Pulse from Akanksha Bakshi

January 18, 2024 | 2:05 pm

AEM

AGI

ORMFF

Alamos Gold (NYSE:AGI) has agreed to acquire Orford Mining Corporation (ORMFF) in a $16-million deal, obtaining all issued and outstanding shares of Orford. The acquisition is part of Alamos Gold's strategy to expand its pipeline of high-quality, long-term projects in favorable jurisdictions. Orford shareholders will receive 0.005588 Alamos shares per Orford share, equating to C$0.10 per share. Alamos will issue approximately 0.9 million shares. The deal highlights the Qiqavik Gold project's potential, along with other projects like West Raglan and Joutel Properties, and the Nunavik Lithium site. Orford's shareholders are offered a 134% premium based on the 20-day volume-weighted average price of Orford shares.

Portfolio Pulse from Stjepan Kalinic

January 18, 2024 | 2:04 pm

WRLD

World Acceptance (NASDAQ:WRLD) is expected to release its quarterly earnings report on January 19, 2024. Analysts predict an EPS of $1.88. Investors are looking for an earnings beat and positive guidance for future growth. In the past, WRLD's stock price has shown mixed reactions to earnings performance, with the last quarter's beat by $0.94 leading to no change in stock price. Over the last year, WRLD shares have increased by 58.55%, trading at $126.65 as of January 15.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 2:01 pm

Regions Financial Corporation (NYSE:RF) is scheduled to release its quarterly earnings report on January 19, 2024. Analysts predict an EPS of $0.46. Investors are looking for an earnings beat and positive guidance for the next quarter. RF's stock performance has been negative over the last year, with a 20.93% decline. Previous quarters show a mixed history of beating and missing EPS estimates, with corresponding stock price changes.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 2:01 pm

ALLY

Ally Financial (NYSE:ALLY) is scheduled to release its quarterly earnings report on Friday, 2024-01-19, with analysts expecting an EPS of $0.45. Investors are looking for an earnings beat and positive guidance for future growth. In the past, stock price reactions to earnings have been mixed, with a 3.9% drop after last quarter's beat. Shares are currently at $32.55, with a 2.45% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 2:00 pm