Benzinga Daily Stocks To Watch : Recent Episodes
Benzinga
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Today's Stocks:
- Aware Inc (NASDAQ:AWRE): The software and biometrics company saw shares climb on Thursday after reporting third-quarter financial results. Aware’s 112% year-over-year revenue increase to $6.4 million beat a Street consensus estimate of $4.6 million. The company also highlighted its $3.4 million contract signed with the U.S. government that includes options to take the total deal size to $5.1 million. Its use of artificial intelligence and machine learning may attract investors looking for exposure to this growing sector. Aware CEO Robert Eckel expects “several deals” to meaningfully contribute to recurring revenue, including “a multi-year contract with a large agency of the U.S. federal government.” Aware also debuted its formal partner program and additional product enhancements to its SaaS platform, Eckel added.
- Shopify Inc (NYSE:SHOP): The $77 billion e-commerce company makes the list with increased interest from investors after reporting third-quarter financial results. The company reported $1.71 billion in third-quarter revenue, which was up 25% year-over-year and beat analysts' estimates. Gross merchandise volume for the company was up 22% year-over-year in the third quarter to $56.2 billion. Guidance from the company sees full-year revenue growth in the mid-twenties on a year-over-year basis, which is up from a prior estimate of the low-twenties. Shares of Shopify are up over 70% in one year.
- Lemonade Inc (NYSE:LMND): The insurance company saw investor interest increase after reporting third quarter financial results Wednesday. Lemonade reported revenue of $114.5 million in the third quarter, which was up 54.7% year-over-year and beat a Street consensus estimate of $104.5 million. The company also beat analysts' estimates for earnings per share in the quarter. Commentary from the company calls for positive cash flow coming and more. "Our ultimate goal, of course, goes beyond being profitable: it is to become an iconic global brand, with unrivaled ability to quantify risk, and service customers at the highest level of delight while shouldering the lowest cost to serve," the company said.
- Alpine Immune Sciences (NASDAQ:ALPN): Shares of the biotech were up this week on news of the company's clinical data of povetacicept in autoimmune glomerulonephritis. The company presented the data during the American Society of Nephrology Kidney Week. The data was well received by investors and the stock is up over 140% in the last year.
- Kodiak Sciences (NASDAQ:KOD): The biotech stock was up sharply on Thursday after an announcement that the company will be presenting primary endpoint data from its Phase 3 Glow study for Tarcocimab Tedromer in patients with diabetic retinopathy at the American Academy of Ophthalmology Annual Meeting. The event will be held Nov. 3 through Nov. 6 with the presentation from Kodiak Sciences coming on Nov. 3.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Today's Stocks:
- $HOLO $RCKT $IDAI $UP $MYTE
- MicroCloud Hologram (NASDAQ:HOLO): The holographic technology company saw shares trade higher and gain interest from investors to start the week. The stock was halted several times in the early part of the trading week, before shares traded significantly lower on Thursday and Friday. The volatility in the stock comes after the company announced it was developing a holographic virtual digital human based on ChatGPT models on Friday. The company said the creation of the holographic model would be able to understand human language behavior and simulate emotions.
- Rocket Pharmaceuticals (NASDAQ:RCKT): The clinical-stage biotechnology company saw strong interest from investors this past week after announcing an alignment was reached with the FDA for the Phase 2 trial of RP-A501. The company also announced an offering of 7.8 million shares at $16 each. Over the last two months, analysts have remained mostly bullish on the company. Needham rates it a Buy with a $53 price target, Stifel has a Buy rating with a $48 price target, and Canaccord Genuity gives it a Buy rating with a target of $47.
- T Stamp Inc (NASDAQ:IDAI): The company recently announced it received its 18th patent, which is related to the use of artificial intelligence for tokenization.
- Wheels Up Experience (NYSE:UP): The on-demand private aviation company saw shares trade higher following the announcement of their CEO appointment. George Mattison was named the new CEO of the company and brings 25 years of aviation experience to the role. Mattison is a member of the Board of Directors of Delta Air Lines (NYSE:DAL), which is a strategic partner and investor in Wheels Up. Mattison is also an investor and the Chairman of Tropic Ocean Airways, a Wheels Up partner. Wheels Up shares have climbed over 80% in the last month and the stock has been seeing short interest rise. The company currently ranks 21st on the Fintel short squeeze leaderboard with 11.5% of the float short and a cost to borrow of 46.8%.
- MYT Netherlands AD (NYSE:MYTE): The global luxury ecommerce company saw strong interest from investors over the past week after the company reported fourth-quarter financial results. Fourth quarter gross market volume was up 40.8% year-over-year in the U.S. market. Active customers grew 10% over the last twelve months, with increased first-time buyers being added on a global basis. Double-digit growth for all geographic regions was highlighted by the company, with an improved focus on its top customers. The earnings report led to UBS keeping a Buy rating and raising the price target from $4.60 to $5.20.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
- $ARM $SMTC $ADBE $XOM $MSFT
- ARM Holdings IPO today (NASDAQ: ARM) Arm Holdings prices IPO at $51 a share, top of range. AMR is already a BUY with some analysts.
- Semtech Corporation (NASDAQ:SMTC) reported upbeat earnings for its second quarter, but issued weak forecast for the third quarter. Semtech shares fell 5.1% to $21.70 in the after-hours trading session.
- Analysts are expecting Adobe Inc. (NASDAQ:ADBE) to have earned $3.98 per share on revenue of $4.87 billion for the latest quarter. The company will release earnings after the markets close. Adobe shares gained 0.3% to $555.00 in after-hours trading.
- Texas Billionaire Timothy Dunn Backed US Oil & Gas Player Explores $10B Sale. Notable oil industry giants like Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) are expected to be approached to gauge their interest in the potential acquisition of CrownRock. Crude at a 10-month high - OPEC's forecasts indicate a sharp drop in world oil inventories, with a projected decline of around 3.3 million barrels per day in the next three months, potentially the largest since 2007.
- During a virtual appearance at the All-In Summit, Elon Musk once again expressed concerns regarding Microsoft Corporation’s (NASDAQ:MSFT) significant control over OpenAI, prompting questions about the potential consequences for ChatGPT-parent’s future.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
- $AAPL $PLTR $BIOC $ORCL $SJM
- Apple Inc. (NASDAQ:AAPL): Apple will be unveiling the new iPhone15 after the Chinese storm. Apple reportedly considering to discontinue silicone-based accessories for its iPhone lineup as part of an eco-friendly initiative to transition to more environmentally sustainable materials. Rumors have picked up regarding Apple’s intention to replace leather accessories with “FineWoven” versions, starting with products designed for the upcoming iPhone 15 generation.
- Palantir Technologies (NYSE:PLTR): The software company attracted interest from investors this week, which comes as a report says the company is part of a group that will help advise President Joe Biden and the White House on regulation of the artificial intelligence sector. Palantir CEO and co-founder Alexander Karp is among the vocal group who thinks the AI sector needs more regulations going forward. The White House is expected to announce plans on Sept. 12, which could put Palantir shares back in the spotlight. Shares of Palantir are up 138% year-to-date, but have pulled back as artificial intelligence-linked stocks cool off despite impressive gains earlier in the year.
- Biocept, Inc. - Common Stock(NASDAQ: BIOC) Biocept shares are trading higher after the company announced non-exclusive licensing agreement for CNSide with Plus Therapeutics.
- Wall Street expects Oracle Corporation (NYSE:ORCL) to report quarterly earnings at $1.14 per share on revenue of $12.46 billion after the closing bell. Oracle shares rose 0.3% to $126.64 in after-hours trading.
- J.M. Smucker Company (NYSE: SJM) Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$QSR, $KR,$ACI,$DOCU $ARGGY
- Restaurant Brands International Inc. (NYSE:QSR), the parent company of Popeye's, Burger King and Tim Hortons recently approved plans to purchase up to $1 billion of its common shares over the next two years through Sept. 30, 2025.
- The Kroger Co. (NYSE:KR) and Albertsons Companies Inc. (NYSE:ACI) announced today that they have entered a definitive agreement with C&S Wholesale Grocers, LLC for the sale of select stores, banners, distribution centers, offices and private label brands in connection with their proposed merger previously announced on October 14, 2022.
- DocuSign, Inc. (NASDAQ:DOCU) reported better-than-expected results for its second quarter. DocuSign shares rose 2.8% to $53.59 in the after-hours trading session.
- Aston Martin Lagonda Global Holdings Plc.(OTC: ARGGY)
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$AAPL $TLRY $CRWD $GOOG $TIO
- China bans iPhones for government officials
- Tilray Brands (NASDAQ:TLRY): The cannabis and consumer packaged goods company saw strong interest from investors last week on the heels of positive news related to the cannabis sector. The sector got a boost after the Department of Health and Human Services said it is recommending the reclassification of cannabis to be a Schedule III controlled substance under federal law. Cannabis is currently a Schedule I drug. Cannabis stocks like Tilray soared on the news and Tilray shares are now up 29% over the last month. The stock was among the most requested tickers on Benzinga Pro in the past week.
- CrowdStrike Holdings (NASDAQ:CRWD): Cybersecurity company CrowdStrike saw strong interest from readers after reporting quarterly financial results. The company beat analyst consensus estimates for both revenue and earnings per share in the second quarter. Revenue was up 37% year-over-year and the company highlighted its growth from artificial intelligence-powered platforms. Guidance from the company was also well received by investors and several analysts raised their price targets as a result.
- Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL): Technology giant Alphabet is one of the most searched stocks on Benzinga Pro each month. This week both share classes of Alphabet were among the most dominant tickers on Benzinga Pro. The increased interest comes with the company’s Google Cloud unit joining forces with semiconductor leader Nvidia Corp (NASDAQ:NVDA). Google also announced it has an Oct. 4 Pixel event that could highlight upcoming phones and watches from the technology giant. Another future catalyst for the company could be its YouTube video platform getting streaming rights to a highly anticipated trial of former president Donald Trump.
- Tingo Group (NASDAQ:TIO): The agri-fintech company has been targeted by Hindenburg with a short report alleging several red flags. Tingo Group reported second-quarter financial results that saw earnings per share miss estimates from analysts and revenue beat estimates from analysts. The company also provided an update on the short report and said it had completed its investigation into the allegations. Shares of Tingo are up over the last week and up 59% year-to-date in 2023.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$BABA $BIDU $PDD $LI $JKS
The Caixin/S&P Global services purchasing managers' index (PMI) dropped to 51.8 in August from 54.1 in July, the lowest reading since December due to the pandemic.
- Alibaba Group Holding Limited's (NYSE:BABA) stock is trading lower Tuesday in line with the broader indexes IShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) amid reports of China's services activity growing at the slowest pace in eight months in August.
- Baidu, Inc (NASDAQ:BIDU) announced over ten new AI-based applications on Tuesday, just days after mass commercializing the ChatGPT-like Ernie bot. Baidu also showcased generative AI-based products that could assist with traffic management, financial research, and coal mine logistics. Nearly 10,000 businesses are using Baidu's Qianfan cloud platform each month per the company.
- PDD Holdings Inc - ADR (NASDAQ:PDD) shares are trading lower by 2.6% to $100.56 Tuesday afternoon. Shares of several Chinese stocks are trading lower following Caixin Services PMI data, which showed slower-than-expected August service sector activity growth.
- Li Auto Inc (NASDAQ:LI) shares are trading lower by 6.1% to $39.74 going into the close of Tuesday's session. Shares of several Chinese stocks are trading lower following Caixin Services PMI data, which showed slower-than-expected August service sector activity growth.
- JinkoSolar Holding Co., Ltd (NASDAQ:JKS) shares are trading lower by 3.1% to $33.39 going into the close of Tuesday's session. Shares of several Chinese stocks are trading lower following Caixin Services PMI data, which showed slower-than-expected August service sector activity growth.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$DELL $LULU $AVGO $BABA $EOSE
- Dell Technologies Inc. (NYSE:DELL) reported better-than-expected second-quarter results and raised its outlook for the year. Dell shares climbed 8.3% to $60.92 in the after-hours trading session.
- Lululemon Athletica Inc. (NASDAQ:LULU) reported upbeat earnings for its second quarter and boosted its annual forecast. Lululemon shares gained 1.5% to $387.00 in the after-hours trading session.
- Broadcom Inc. (NASDAQ:AVGO) posted upbeat earnings for its third quarter, but issued weak forecast for the current quarter. Broadcom shares fell 4.6% to $880.08 in the after-hours trading session.
- What's Going On With Alibaba Stock Friday? Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher Friday in line with the broader indexes IShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) as China’s factory activity for August expanded.
- Eos Energy Enterprises Inc (NASDAQ:EOSE) shares are surging 55% in premarket trade after it launched Project AMAZE, American Made Zinc Energy, a $500 million planned expansion to build 8 GWh of clean energy storage production capacity.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
BEDU GBTC COIN JNJ CTLT
- Bright Scholar Education Holdings Limited (NYSE:BEDU) shares rose 14.7% to $1.01 in pre-market trading. Bright Scholar Education recently announced its unaudited financial results for the six months of fiscal 2023 ended Feb. 28, 2023.
- Grayscale Bitcoin Trust (BTC)(OTC: GBTC) The Grayscale Investments Bitcoin Trust (OTCPK: GBTC) experienced a 17% surge on Tuesday following a legal victory against SEC in federal court that could pave the way for the launch of the first spot-Bitcoin ETF in the U.S.
- Coinbase Global Inc (COIN) Coinbase shares and bitcoin surge as judge paves the way for first-ever spot bitcoin ETF in the US. Coinbase Global, Inc. filed (Form144)
- Johnson & Johnson Common Stock(NYSE: JNJ) Johnson & Johnson Expects 2023 Adjusted EPS Of $10.00-$10.10 (Vs. Previous Guidance Of $10.70–$10.80 And Consensus Of $10.65.) And Adjusted Operational EPS Of $9.90 - $10.00 (Vs. Prior Guidance Of $10.60–$10.70). Johnson & Johnson Secured $13.2B In Cash Proceeds From The Kenvue Debt Offering And Initial Public Offering And Maintains 9.5% Of Equity Stake In Kenvue
- Catalent (NYSE:CTLT) Catalent shares are trading higher after the company issued strong guidance and entered into a cooperation agreement with Elliott Investment Management. Catalent reported quarterly adjusted earnings of $0.09 per share which missed the analyst consensus estimate of $0.10 by 10 percent. This is a 91.67 percent decrease over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $1.07 billion which beat the analyst consensus estimate of $1.05 billion by 1.71 percent. This is a 17.02 percent decrease over sales of $1.29 billion the same period last year.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$TSLA $VFS $BBY $BORR $MMM $ELF
- Tesla Inc (NASDAQ:TSLA) has seemingly rolled out its full self-driving (FSD) software for Tesla vehicles equipped with hardware 4. The move comes a day after CEO Elon Musk warned that FSD on hardware 4 will lag hardware 3 by at least another six months. Elon Musk Says Tesla's Software Is Like Apple's, You Can't Just Copy It
- Vietnamese EV manufacturer VinFast (NASDAQ:VFS) becomes the third largest automaker by market capitalization globally, following closely those of Tesla (NASDAQ:TSLA) and Toyota (OTC:TOYOF), Nikkei Asia reported.
- Wall Street expects Best Buy Co., Inc. (NYSE:BBY) to post quarterly earnings at $1.06 per share on revenue of $9.52 billion before the opening bell. Best Buy shares gained 0.3% to $74.30 in after-hours trading.
- Borr Drilling (NYSE:BORR) wins contract for work in West Africa in direct continuation of their current contracts. The contracts will have a combined duration of 1,307 days and a total estimated contract value is $211 million.
- 3M (NYSE: MMM) Announces Combat Arms Settlement Against Aearo Technologies, To Pay $6.0B
- e.l.f. Beauty (NYSE:ELF) Announces Definitive Agreement To Acquire Skin Care Brand Naturium For $355M
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$LOW $MRNA $MSFT $ATVI $M
- Wall Street expects Lowe's Companies, Inc. (NYSE:LOW) to post quarterly earnings at $4.49 per share on revenue of $24.99 billion before the opening bell. Lowe's shares gained 0.1% to $217.75 in after-hours trading.
- Moderna shares are trading higher after the company reportedly entered a cancer collaboration with CARsgen. Additionally, the company last week announced COVID vaccine effectiveness against the EG.5 and FL.1.5.1 variants.
- Microsoft on Tuesday submitted a new deal to U.K. regulators for the takeover of Activision Blizzard after the rejection of its initial proposal.
- Analysts expect Macy's, Inc. (NYSE:M) to report quarterly earnings at 13 cents per share on revenue of $5.09 billion before the opening bell. Macy's shares gained 2.7% to $15.12 in after-hours trading.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
ZM PANW NVDA ROST DE
- Wall Street expects Zoom Video Communications, Inc. (NASDAQ:ZM) to post quarterly earnings at $1.05 per share on revenue of $1.11 billion after the closing bell. Zoom Video shares gained 0.3% to $66.50 in after-hours trading.
- Palo Alto Networks, Inc. (NYSE:PANW) reported better-than-expected fourth-quarter earnings and issued strong billings outlook for the year. Palo Alto shares gained 11.2% to $233.21 in the after-hours trading session.
- Shares of Nvidia Corp. (NASDAQ:NVDA) rose in premarket trading on Monday, inspired by positive commentaries regarding its second-quarter earnings from some analysts.
ROST - Ross Stores shares are trading higher after the company reported better-than-expected Q2 financial results and issued guidance.
DE- Deere reported third-quarter net sales and revenue growth of 12% Y/Y to $15.80 billion, beating the consensus of $14.25 billion. EPS of $10.20 surpassed the consensus of $8.20.
Deere raised its FY23 outlook for net income to $9.75 billion-$10.00 billion from $9.25 billion-$9.50 billion.
Deere shares fell 5.3% to close at $397.02 on Friday but added 0.3% in today’s pre-market trading session.
These analysts made changes to their price targets on Performance Food Group following earnings announcement.
- JP Morgan lowered the price target on Deere from $390 to $380. JP Morgan analyst Tami Zakaria maintained a Neutral rating.
- Credit Suisse slashed the price target on Deere from $560 to $551. Credit Suisse analyst Jamie Cook maintained an Outperform rating.
- UBS raised the price target on Deere from $383 to $408. UBS analyst Steven Fisher maintained a Neutral rating.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$INTC $TGT $TSLA $MSFT $META $CSCO $JD
- 'Intel To Call Off $5.4B Tower Deal Without Chinese Approval;Co Expected To Call Off Transaction As Time Runs Out; Deal Would Have Put Intel In Closer Competition With TSMC'
- Target shares are trading higher after the company reported better-than-expected Q2 financial results.
- Tesla Expands Charging Access With New 'Universal Wall Connector' For Other EVs
- MSFT,META-OpenAI's GPT-4 Shakes Up Content Moderation Landscape: Propels Facebook, Instagram And X To Embrace AI Solutions
- Analysts expect Cisco Systems, Inc. (NASDAQ:CSCO) to report quarterly earnings at $1.06 per share on revenue of $15.05 billion after the closing bell. Cisco shares gained 0.4% to $53.54 in after-hours trading.
- JD.com (NASDAQ:JD) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.66 by 12.12 percent. This is a 21.31 percent increase over earnings of $0.61 per share from the same period last year.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
top 5 stocks in Warren Buffett's portfolio $AAPL 45% $BAC 8% $KO 6.7% $CVX 5.8% $AXP 3.2%
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$USFD $DIS $BABA $ILMN $NWSA
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$UPS $PARA $BYND $LLY $W
- Wall Street expects United Parcel Service, Inc. (NYSE:UPS) to post quarterly earnings at $2.50 per share on revenue of $23.11 billion before the opening bell. UPS shares rose 0.6% to $183.30 in after-hours trading.
- Paramount Global (NASDAQ:PARA) reported better-than-expected results for its second quarter. KKR also announced plans to acquire Simon & Schuster from Paramount Global for $1.62 billion. Paramount Global shares gained 4.5% to $16.81 in the after-hours trading session.
- Beyond Meat Inc (NASDAQ:BYND) reported downbeat results for its second quarter and issued weak revenue forecast for FY23. Beyond Meat shares declined 11.9% to $13.46 in the after-hours trading session.
- Analysts expect Eli Lilly and Company (NYSE:LLY) to report quarterly earnings at $1.99 per share on revenue of $7.58 billion before the opening bell. Eli Lilly shares fell 0.1% to $453.90 in after-hours trading.
- UBS analyst Atul Maheswari upgraded Wayfair Inc (NYSE:W) to Buy from Neutral with an increased price target of $110 from $72.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Michael O'Connor brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$TSLA $PATH $TRMB $KTOS $IRDM
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$AMZN $QCOM $AAPL $PYPL $K
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
"Top 5 Stocks In Cathie Wood's Innovation ETF"
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659Today's Stocks:
$TSLA $ROKU $COIN $ZM $SQ
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$AMD $PFE $PLTR $WMT $BELFA
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$L $IMGN $SOFI $ON $DISH
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$CVX $INTC $PG $XOM $RETA
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$RYCEY $META $F $EBAY $BMY
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$MSFT $PACW $BA $KO $META
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$GE, $MSFT, $GOOGL, $SPOT $MAT
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$SIRI $BGLC $NKLA $GM $SLB
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
NFLX TSLA ZM BBBY WE CVNA
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
AY,UGI,GS,TSLA,NFLX
Continued from yesterdays dividend talk:
Atlantica Sustainable Infrastructure plc (NYSE:AY)
- Dividend Yield: 7.50%
- RBC Capital analyst Shelby Tucker reiterated an Outperform rating with a price target of $34 on May 8, 2023. This analyst has an accuracy rate of 71%.
- JP Morgan analyst Mark Strouse maintained a Neutral rating and cut the price target from $30 to $28 on March 2, 2023. This analyst has an accuracy rate of 79%.
- Recent News: Atlantica Sustainable posted a narrower-than-expected first-quarter loss.
UGI Corporation (NYSE:UGI)
- Dividend Yield: 5.79%
- Barclays analyst Theresa Chen maintained an Underweight rating and slashed the price target from $40 to $37 on April 18, 2023. This analyst has an accuracy rate of 71%.
- Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and increased the price target from $41 to $42 on Jan. 10, 2023. This analyst has an accuracy rate of 69%.
- Recent News: UGI is expected to announce the results of its third fiscal quarter earnings on Aug. 2, 2023.
todays earnings outlooks:
Wall Street expects The Goldman Sachs Group, Inc. (NYSE:GS) to post quarterly earnings at $3.18 per share on revenue of $10.84 billion before the opening bell. Goldman Sachs shares gained 0.2% to $337.80 in after-hours trading.Analysts are expecting Tesla, Inc. (NASDAQ:TSLA) to have earned 81 cents per share on revenue of $24.53 billion for the latest quarter. The company will release earnings after the markets close. Tesla shares fell 0.2% to $292.69 in after-hours trading.Analysts expect Netflix, Inc. (NASDAQ:NFLX) to report quarterly earnings at $2.84 per share on revenue of $8.28 billion after the closing bell. Netflix shares rose 1.2% to $480.70 in after-hours trading.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Home improvement giant Lowe's (LOW ) may not seem like a very exciting stock. And that's true unless you like dividend growth. The company has raised its dividend almost every year since going public in 1961 and has raised the payout by more than 500% over the past decade alone.
If you're looking for a simple way to invest in high-quality real estate for income and growth, Realty Income (O ) might be the perfect stock.
Oil is back. Over the past few years, oil stocks have roared back to the forefront. The energy sector has been one of the best-performing since the COVID-19 pandemic, and Chevron (CVX) has been a big winner for investors.
Target (TGT) Target remains one of the best-run retailers out there and a solidly profitable company. Its focus on increasing its e-commerce business and expanding in-store offerings has kept sales growing at a solid clip.
Starbucks (SBUX ) Starbucks has increased the dividend every year since 2010 while increasing earnings per share by 721% over the same period.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$UNH $CI $ELV $LLY $ABOS bonus- ATVI MSFT SONYUNH -UnitedHealth Group Incorporated (NYSE:UNH) shares gained more than 7% on Friday after the company reported better-than-expected second-quarter earnings.Cigna CI , Elevance ELV see healthy bounce following UnitedHealth earningsEli Lilly And Company (NYSE:LLY) plans to acquire cardiometabolic diseases drug manufacturer Versanis Bio for up to $1.925 billion in cash, bolstering its product profile of obesity-curbing drugs.Acumen Pharmaceuticals $ABOS shares are trading higher after the company presented topline results from Phase 1 study of ACU193 for early Alzheimer's disease
Activision Blizzard, Inc (NASDAQ:ATVI) shares are trading higher Monday after Sony Group Corp (NYSE:SONY) and Microsoft Corp (NASDAQ:MSFT) reached an agreement to keep "Call of Duty" games on PlayStation consoles.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
JPMorgan Chase & Co (NYSE:JPM) reported Q2 net revenue (managed) of $42.4 billion, up 34.1% year-over-year, beating the consensus of $38.96 billion. Reported revenue was $41.31 billion, up 34.5% Y/Y.
ROIV: 28.75% - Roivant Sciences shares are trading higher after WSJ reported the company is in discussions with Roche for stomach disease drug $7 billion deal.
Netflix has updated its Profile Transfer feature to help users transfer their complete watch history from one account to another, without forcing users to create a new account. Essentially, you can carry your preferences to an existing account if your friend booted you out of their shared Netflix Inc. (NASDAQ:NFLX) one. Wedbush Reiterates Outperform on Netflix, Maintains $475 Price TargetAnalysts are expecting Citigroup Inc. (NYSE:C) to have earned $1.30 per share on revenue of $19.27 billion for the latest quarter. The bank will release earnings before the markets open. Citigroup shares gained 0.5% to $47.90 in after-hours trading.
Analysts expect Wells Fargo & Company (NYSE:WFC) to report quarterly earnings at $1.15 per share on revenue of $20.07 billion before the opening bell. Wells Fargo shares fell 0.3% to $43.58 in after-hours trading.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
PepsiCo $PEP - reported second-quarter FY23 sales growth of 10.4% YoY. The company raised the FY23 organic revenue growth outlook to 10% (previous outlook 8%). PEP shares are trading higher by 2.23% at $187.25 in premarket.Paramount $PARA - Hollywood set for first double strike in 60 years as talks between actors, studios fail, peers include $AAPL, $WBD $SONY
Tesla $TSLA - plans to sell Cybertruck-inspired electric quad bikes targeted at children aged 8 – 12. After poo pooing on AI, (see reuters article ) Musk launches an AI startup.
InMode $INMD - The stock is currently trading at $45, showcasing an impressive gain of +21.6% after being highlighted by Benzinga CEO Jason Raznick on the RazReport podcast. Analysts think $INMD is still reasonably priced even after going vertical.
Southwest Airlines $LUV - peer play recommendation, Shares of airline stocks are trading higher following better-than-expected Q2 results from Delta $DAL, another peer play $JETS ETF, $UAL
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $CGC $ATVI $DIS $BA $AMZNCanopy Growth Corporation CGC - More than 28 million CGC shares have already been traded on Tuesday, surpassing the 100-day average of 13.1 million shares. Stock is up 5% premarket. Senate Majority Leader Chuck Schumer (D-NY) released a letter on Sunday which stated that passing a marijuana banking bill is a goal of the upcoming summer work session.
Activision Blizzard, Inc. ATVI stock traded sharply higher on Tuesday after Microsoft Corp (NASDAQ:MSFT) won a court permit to move forward with its $69 billion deal to buy Activision. The buying spree has seemed to slow down premarket however.
The Walt Disney Company DIS is exploring strategic options for its India digital and TV business, the Wall Street Journal reported.
Boeing Company BA - Setback For Bezos: Blue Origin's BE-4 Engine Explosion Causes Stir In Space Industry. The engine that exploded was expected to finish testing in July and then be shipped by Blue Origin to the United Launch Alliance for use on ULA’s second Vulcan rocket launch. ULA is the rocket-building 50-50 joint venture owned by Boeing (BA) and Lockheed Martin (LMT).
Amazon.Com AMZN - Prime day expectations
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $CAMP $BYRN $IOVA $WDFC $VOXX CalAmp Corp. (NASDAQ:CAMP) posted a loss for its first quarter, while sales missed expectations. The company also issued weak revenue forecast for the second quarter. CalAmp shares fell 1.9% to $1.0795 in the after-hours trading session. * Wall Street expects Byrna Technologies Inc. (NASDAQ:BYRN) to post quarterly earnings at 1 cent per share on revenue of $12 million before the opening bell. Byrna Technologies shares jumped 11.5% to $5.82 in after-hours trading. * Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) priced its underwritten public offering of 20,000,000 shares at $7.50 per share. Iovance Biotherapeutics shares tumbled 9.9% to $7.92 in the after-hours trading session. * WD-40 Company (NASDAQ:WDFC) reported better-than-expected results for its third quarter and announced a 50 million share buyback program. WD-40 shares gained 4.1% to $201.75 in after-hours trading. * VOXX International Corporation (NASDAQ:VOXX*) posted downbeat results for its third quarter on Monday. VOXX International shares dipped 12.8% to $9.89 in the after-hours trading session.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $HELE $AZZ $PSMT $TIVC $WDFC Wall Street expects Helen of Troy Limited (NASDAQ:HELE) to post quarterly earnings at $1.60 per share on revenue of $465.36 million before the opening bell. Helen of Troy shares gained 0.4% to $113.00 in after-hours trading. * AZZ Inc. (NYSE:AZZ) reported downbeat earnings for its first quarter, while sales jumped 88.7% from previous year to $390.9 million. AZZ shares fell 1% to $41.50 in the after-hours trading session. * Analysts are expecting PriceSmart, Inc. (NASDAQ:PSMT) to have earned 85 cents per share on revenue of $1.10 billion for the latest quarter. The company will release earnings after the markets close. PriceSmart shares gained 0.7% to $76.00 in after-hours trading. * Tivic Health Systems, Inc. (NASDAQ:TIVC) reported a proposed public offering of common stock. Tivic Health shares dipped 24.5% to $0.0827 in the after-hours trading session. * Analysts expect WD-40 Company (NASDAQ:WDFC*) to report quarterly earnings at $1.22 per share on revenue of $138.41 million after the closing bell. WD-40 shares dropped 2% to $186.15 in the after-hours trading session.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AZZ $LEVI $COST $SLP $IPAWall Street expects AZZ Inc. (NYSE:AZZ) to post quarterly earnings at $1.16 per share on revenue of $396.65 million after the closing bell. AZZ shares slipped 0.1% to $41.55 in after-hours trading.
Levi Strauss & Co. (NYSE:LEVI) reported upbeat earnings for its second quarter, but lowered its annual profit outlook. Levi Strauss shares dropped 6.2% to $13.35 in the after-hours trading session.
Costco Wholesale Corporation (NASDAQ:COST) reported a 1.4% drop in total comparable sales for June. The company’s net sales rose 0.4% year-over-year to $22.86 billion for the retail month of June. Costco shares dropped 0.8% to $532.90 in the after-hours trading session.
Deep Dive: Costco Wholesale Corporation's filing revealed that its Director DECKER SUSAN L unloaded Company's shares for reported $0.83 million on Jun 28. - Knox Daily
Simulations Plus, Inc. (NASDAQ:SLP) posted weaker-than-expected sales for its third quarter. Simulations Plus shares declined 1.9% to $40.50 in after-hours trading.
Analysts expect ImmunoPrecise Antibodies Ltd. (NASDAQ:IPA) to report a quarterly loss at 13 cents per share on revenue of $4.31 million before the opening bell. ImmunoPrecise Antibodies shares gained 2.3% to $3.10 in the after-hours trading session.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $LEVI $VMEO $KRUS $VBIV $TRIB Wall Street expects Levi Strauss & Co. (NYSE:LEVI) to post quarterly earnings at 3 cents per share on revenue of $1.34 billion after the closing bell. Levi Strauss shares gained 1.8% to $14.37 in after-hours trading. * Vimeo, Inc. (NASDAQ:VMEO) reported the departure of Anjali Sud as CEO. The company named Adam Gross as interim CEO, effective September 1 and reaffirmed its second-quarter and FY23 financial outlook. Vimeo shares fell 0.7% to $4.00 in the after-hours trading session. * Analysts are expecting Kura Sushi USA, Inc. (NASDAQ:KRUS) to have earned 13 cents per share on revenue of $49.57 million for the latest quarter. The company will release earnings after the markets close. Kura Sushi shares fell 0.6% to $87.01 in after-hours trading. * VBI Vaccines Inc. (NASDAQ:VBIV) and Brii Biosciences announced the expansion of their hepatitis B partnership. The company also reported proposed concurrent public offering and registered direct offering of common shares and warrants. VBI Vaccines shares dropped 10.3% to $2.1709 in the after-hours trading session. * Analysts expect Trinity Biotech plc (NASDAQ:TRIB*) to report quarterly loss at 6 cents per share on revenue of $18.50 million before the opening bell. Trinity Biotech shares fell 4.2% to $1.03 in the after-hours trading session.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
David Willey , Benzinga Newsdesk
Reach out to David at davidwilley@benzinga.com
Partnership Content
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $TSLA $OZK $ARVL $TM $EVO * Tesla, Inc. (NASDAQ:TSLA) reported a sharp increase in China sales for the month of June. The company delivered 93,680 units of Giga Shanghai-made cars in June, according to data from the China Passenger Car Association, which represents a 18.72% increase from a year-ago and 20.57% growth from April’s sales. Data released by the Elon Musk-led company showed that it delivered 466,140 units globally in the quarter. Tesla shares jumped 6.9% to close at $279.82 on Monday, but lost 0.3% in the after-hours trading session. * Bank OZK (NASDAQ:OZK) increased its quarterly common stock dividend from $0.35 to $0.36 per share. Bank OZK shares declined 0.4% to $40.30 in the after-hours trading session. * Arrival (NASDAQ:ARVL) said on Monday that its proposed merger with special purpose acquisition company Kensington Capital Acquisition Corp V has been terminated. Arrival shares jumped 7.4% to $2.77 in after-hours trading. * Toyota Motor Corp (NYSE:TM) disclosed that it has achieved a technological breakthrough enabling a potential halving of the weight, size and cost of batteries, signaling a significant advancement for electric vehicles. Toyota Motor shares fell 0.1% to $160.32 in the after-hours trading session. * Evotec SE (NASDAQ:EVO) reported that its subsidiary, Just - Evotec Biologics, has been awarded a $74 million contract by the U.S. Department of Defense under Accelerated Antibodies Program. Evotec shares fell 0.1% to $11.08 in the after-hours trading session.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Constellation Brands, Inc. (NYSE:STZ) to report quarterly earnings at $2.83 per share on revenue of $2.47 billion before the opening bell. Constellation Brands shares rose 0.7% to $248.50 in after-hours trading.
- NIKE, Inc. (NYSE:NKE) reported downbeat earnings for its fourth quarter, while sales topped estimates. Nike shares dropped 4.3% to $108.47 in the after-hours trading session.
- SMART Global Holdings, Inc. (NASDAQ:SGH) reported better-than-expected results for its third quarter. The company said it sees Q4 adjusted earnings of 30 cents to 60 cents per share on net sales of $350 million to $400 million. SMART Global shares climbed 4.2% to $27.75 in the after-hours trading session.
- Nikola Corp (NASDAQ:NKLA) said it has regained compliance with Nasdaq listing rules pertaining to minimum stock price. Nikola shares gained 0.8% to $1.27 in the after-hours trading session.
- Analysts expect Biotricity, Inc. (NASDAQ:BTCY) to post a quarterly earnings at 9 cents per share on revenue of $2.6 million after the closing bell. Biotricity shares rose 0.1% to $0.6272 in after-hours trading.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
With U.S. stock futures trading slightly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects McCormick & Company, Incorporated (NYSE:MKC) to report quarterly earnings at 57 cents per share on revenue of $1.67 billion before the opening bell. McCormick named Brendan Foley as CEO, effective Sept. 1. McCormick shares fell 1.5% to close at $91.85 on Wednesday.
- BlackBerry Limited (NYSE:BB) reported better-than-expected fiscal first-quarter results. BlackBerry shares jumped 11.8% to $5.60 in the after-hours trading session.
- Analysts are expecting Acuity Brands, Inc. (NYSE:AYI) to have earned $3.71 per share on revenue of $1.05 billion for the latest quarter. The company will release earnings before the markets open. Acuity Brands shares gained 2.2% to $164.12 in after-hours trading.
- Micron Technology, Inc. (NASDAQ:MU) reported better-than-expected third-quarter results. The company said it expects fourth-quarter revenue to be between $3.7 billion and $4.1 billion versus estimates of $3.89 billion. The company anticipates a fourth-quarter adjusted loss of $1.12 to $1.26 per share versus estimates for a loss of $1.06 per share. Micron shares surged 3% to $69.09 in the after-hours trading session.
- Analysts expect NIKE, Inc. (NYSE:NKE) to post quarterly earnings at 67 cents per share on revenue of $12.59 billion after the closing bell. Nike shares rose 0.2% to $113.28 in after-hours trading.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $WBA $AEL $SNX $HOOD $JEF
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Walgreens Boots Alliance, Inc. (NASDAQ:WBA) to report quarterly earnings at $1.07 per share on revenue of $34.25 billion before the opening bell. Walgreens shares gained 0.5% to $31.75 in after-hours trading.
- American Equity Investment Life Holding Company (NYSE:AEL) shares surged in after-hours trading following a report suggesting Brookfield is nearing a deal to acquire the company. American Equity shares jumped 9.5% to $49.39 in the after-hours trading session.
- Analysts are expecting TD SYNNEX Corporation (NYSE:SNX) to have earned $2.55 per share on revenue of $14.42 billion for the latest quarter. The company will release earnings before the markets open. SYNNEX shares gained 2.1% to $99.75 in after-hours trading.
- Robinhood Markets Inc (NASDAQ:HOOD), is cutting around 7% of its full-time staff in response to a slowdown in customer trading activity and reduced customer engagement. Robinhood shares gained 0.7% to $9.70 in the after-hours trading session.
- Analysts expect Jefferies Financial Group Inc. (NYSE:JEF) to post quarterly earnings at 27 cents per share on revenue of $1.04 billion after the closing bell. Jefferies Financial shares fell 0.8% to $31.28 in after-hours trading.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AMTB $MRCY $IBM $DISH $CCLWith U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Carnival Corporation (NYSE:CCL) to report quarterly loss at 34 cents per share on revenue of $4.77 billion before the opening bell. Carnival shares gained 0.4% to $15.87 in after-hours trading.
- International Business Machines Co. (NYSE:IBM) is nearing a deal for the acquisition of Apptio Inc., a cloud-based business software company, for around $5 billion, the Wall Street Journal reported. IBM shares fell 0.1% to $129.32 in the after-hours trading session.
- DISH Network Corporation (NASDAQ:DISH) said Narayan Iyengar is resigning as Executive Vice President and COO, effective June 23. DISH shares fell 0.2% to $6.01 in the after-hours trading session.
- Mercury Systems Inc (NASDAQ:MRCY) named Bill Ballhaus as interim President and CEO following resignation of Mark Aslett. Mercury Systems shares dropped 8.2% to $32.00 in the after-hours trading session.
- Amerant Bancorp Inc. (NASDAQ:AMTB) filed for mixed shelf of up to $300 million. Amerant Bancorp shares gained 2.1% to close at $18.28 on Friday.
Hosts:
Michael O'Connor , Benzinga Newsdesk
Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $MSFT $DRI $AVAV $MNMD $HOURMicrosoft (MSFT) - Analysts at JP Morgan raised their price target on Microsoft from $315 to $350 Thursday morning. As Microsoft shares traded around the $337 level most recently, the new JP Morgan price target represents only a few percent of upside to the JP Morgan price target. To hear more about the importance (or rather lack of importance) of this call, tune into Benzinga's Stocks To Watch podcast around market open time on Twitter.
Darden Restaurants (DRI) - The owner of Olive Garden, Bahama Breeze and LongHorn Steakhouse. The company will report quarterly results on Thursday, June 22.
AeroVironment (AVAV) - A play on unmanned aerial vehicle systems and drones. Analysts at Jefferies began coverage on AeroVironment Thursday morning with a Buy rating and $115 price target.
MindMed (MNMD) - A play on the psychedelics space. MindMed will host an investor day event on Thursday, June 20 at 9:30 a.m. EDT.
Hour Loop (HOUR) - One of Thursday's low-float, penny-stock momentum plays. Shares were up nearly 15% on no news.Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AMD $STZ $FUBO $WGO $NKLAAdvanced Micro Devices (AMD) - Shares sold off on Tuesday as investors took profit ahead of a company event with AMD's CEO Lisa Su. At the early-afternoon event, Su highlighted several new chips being manufactured by AMD, including a chip which Su described as "the best CPU for AI," Genoa.
Constellation Brands (STZ) - Owner of Modelo, among other beer and spirits brands. Modelo overtook Budweiser as the US's top-selling beer during the month of May, reports from Wednesday morning showed.
fuboTV (FUBO) - A penny stock users in Benzinga Pro's lounge chat described as "breaking out of consolidation mode." Shares spent most of this year below the $2 level; shares broke above this level Tuesday morning.
Winnebago Industries (WGO) - A play on the consumer and summer travel season. Winnebago will report quarterly results on Wednesday, June 21.
Nikola (NKLA) - One of Wednesday's big winners. Shares of this penny stock were up 12% despite no news to justify the price action.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $WMT $FDX $MANU $ALLO $SOFOWalmart (WMT) - A play on the consumer. Data from the US Bureau of Labor Statistics Tuesday morning showed inflation continued to ease off recent highs. The consumer price index (CPI) showed a 0.1% increase in consumer prices from April to May and a 4% increase on a year-over-year basis.
FedEx (FDX) - The company will report quarterly results on Tuesday of next week.
Manchester United (MANU) - Shares were up about 10% Tuesday morning following a rumor Qatari investors have been successful in a bid for Manchester United.
Allogene Therapeutics (ALLO) - A play on an upcoming FDA-related news catalyst. The International Conference on Malignant Lymphoma takes place this week. Allogene is expected to present results from several different lymphoma-related trials by June 15th.
Sonic Foundry (SOFO) - One of Tuesday morning's biggest gainers. Shares were up nearly 50% seemingly on no news. The issue is a low-float play with about 7 million shares in its float.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Public Episode Page
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $QCOM $NDAQ $CFLT $ASST $IFBDQualcomm (QCOM) - The company's head of its AI unit, Zaid Asghar, will interview on Benzinga's PreMarket Prep show Monday morning at 9 a.m. EDT. Tune in to hear details of how Qualcomm is considering AI. Audience members can ask questions to the exec by participating in the YouTube chat.
Nasdaq (NDAQ) - Shares were down about 9% following news the company will buy bank and brokerage software company Adenza. At nearly $11 billion, the deal was the biggest M&A deal in Nasdaq's history.
Confluent (CFLT) - A play on data infrastructure software. The company will host an investor day event on Tuesday at 1 p.m. EDT. Investor day events have known to be catalysts for investors; management teams often give updates on a company's outlook at these events.
Asset Entities (ASST) - Monday morning's biggest gainer. Shares were up nearly 150% following a press release which disclosed the company will develop an AI bot for communication platform Discord.
Infobird (IFBD) - One of Monday's low-float, penny-stock momentum plays. Shares were up nearly 50% on seemingly no news. The company is a provider of AI-powered software for customer engagement and is based in China.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $TSLA $GM $BRZE $EVGO $EVXTesla (TSLA) - Shares neared the $250 level, up about 6%, likely related to the addition of the stock to Wedbush's Best Ideas list. To hear more color from the research shop's call, tune into Benzinga's Stocks To Watch podcast on Twitter around market open.
General Motors (GM) - The company announced it will collaborate with Tesla to integrate Tesla's charging port into its vehicles starting in 2025. Some traders attributed about a 3% move higher in GM shares to the Tesla charger news.
Braze (BRZE) - One of Friday's most-discussed stocks by analysts on Wall Street. Shares were up about 12% following better-than-expected quarterly results and favorable guidance. The company is a provider of a customer engagement platform for e-commerce, retail, media and financial services.
EVgo (EVGO) - One of Friday morning's biggest decliners. The stock was down nearly 9% on seemingly no news. As EVgo is an operator of an electric vehicle charging network in the US, there is a chance the stock could be down following the GM/Tesla news.
VanEck Environmental Services ETF (EVX) - A low-volume exchange-traded fund (ETF) focused on "the overall performance of companies involved in waste collection, transfer and disposal services, recycling services, soil remediation, wastewater management and environmental consulting services." The ETF could be a play amid the wildfires in Canada.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $ABNB $SYY $COIN $SIX $TPRAirbnb (ABNB) - A play on favorable analyst commentary. Analysts at Needham Wednesday morning highlighted a survey they conducted which showed "ABNB US's supply advantage relative to competitor VRBO grew in March and April following declines for the previous 7 months." Needham maintained a Buy rating and $150 price target on Airbnb.
Sysco Corp. (SYY) - A sympathy play following missed quarterly results and worse-than-expected guidance out of peer in the wholesale food distribution space, United Natural Foods (UNFI).
Coinbase (COIN) - Analysts at Canaccord were favorable on Coinbase following news earlier this week of an SEC suit against the company. The analysts said "the COIN legal/regulatory team is highly qualified and have good arguments" against the allegations made by the SEC.
Six Flags (SIX) - A play on summer-time amusement parks. Oppenheimer maintained a bullish rating on Six Flags following the company's recent management meeting. Oppenheimer raised its price target on Six Flags to $35.
Tapestry (TPR) - A play on the luxury apparel space. Shares of peer Vera Bradley (VRA) were up nearly 20% Wednesday morning following mixed quarterly results and reaffirmed guidance.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AAPL $DIS $COIN $GME $HOTHApple (AAPL) - Analysts responded Tuesday morning following Apple's Worldwide Developers Conference presentation Monday afternoon. To hear some perspective from Wall Street analysts on the presentation, tune into Benzinga's Stocks To Watch podcast on Twitter around market open or on Spotify or Apple Podcasts shortly after market open.
Disney (DIS) - A play on Disney content which investors are valuing too low, according to an analyst at Morgan Stanley. The firm maintains the equivalent of a buy rating on Disney shares.
Coinbase (COIN) - One of Tuesday morning's biggest decliners. Shares were down nearly 20% following news the SEC has sued Coinbase.
GameStop (GME) - The company will report quarterly results on Wednesday after market close. Analysts at Wedbush maintained an Underperform rating on GameStop ahead of the results.
Hoth Therapeutic (HOTH) - Tuesday morning's biggest winner. The stock was up nearly 100% following favorable pre-clinical results for the company's Alzheimer's treatment.Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $WMT $AAL $COST $RBLX $FRZA
Walmart (WMT) - A play on decelerating consumer spending which has "stabilized," according to one Wall Street analyst. An analyst at Morgan Stanley was favorable on Walmart Monday morning following the company's annual shareholder meeting last week.
American Airlines (AAL) - The company was featured in a Wall Street Journal front page article, "American Airlines’ Radical Plan to Reinvent Business Travel."
Costco Wholesale (COST) - A play on a bullish call by analysts at Oppenheimer. The firm re-added Costco to its top picks list Monday morning following recent downside in the stock. Oppenheimer noted a belief Costco investors could soon see a special dividend "down the road."
Roblox (RBLX) - A play on the metaverse. Apple (AAPL) is expected to unveil its first new product in more than a decade Monday afternoon, a virtual-reality headset.
Forza X1 (FRZA) - Monday morning's heftiest momentum stock. Shares were up nearly 150% amid low-float momentum. Some traders attributed the price action to a late-Friday tweet from the company seemingly hinting at a new electric boat from Forza.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $T $NKE $XPEV $TQQQ $S
AT&T (T) - The stock traded lower following a report suggesting Amazon is in talks with mobile carriers to offer low-cost mobile phone service to Prime subscribers. Shares of Verizon (V) and T-Mobile (TMUS) were down in the premarket as well.
Nike (NKE) - Shares of the athletic apparel company were higher premarket in sympathy with Lululemon Athletica (LULU), which surged following strong Q1 results.
XPeng (XPEV) - Shares of Chinese EV stocks gained following a report suggesting the country will extend and optimize a tax exemption on new energy vehicles.
ProShares UltraPro QQQ (TQQQ) - This 3x leveraged Nasdaq ETF continues to gain amid strength in the tech sector this year on AI-related optimism. US Senate passage of a debt limit bill has also lifted the broader market on Friday, sending major indices higher.
SentinelOne (S) - Shares fell over 30% after the company issued weak Q2 guidance and saw multiple analyst downgrades.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $M $AI $S $CHWY $AVGO
Macy's (M) - Shares fell premarket after the company lowered its FY23 financial outlook, noting demand trends weakened further in its discretionary categories in late March. Retailers Victorias Secret (VSC) and Dollar General (DG) also traded lower following weak quarterly results.
C3.ai (AI) - The stock fell over 18% premarket. While the company reported better-than-expected Q4 results and issued relatively in-line Q1 revenue guidance, expectations may have been high amid the stock's surge this year on AI momentum.
SentinelOne (S) - Shares traded lower in sympathy with cybersecurity peer Crowdstrike, which dipped following its quarterly earnings report. SentinelOne will report its Q1 results after the close.
Chewy (CHWY) - The company reported better-than-expected Q1 results, sending shares up nearly 20%.
Broadcom (AVGO) - The chipmaker will report Q2 earnings after the close. Semiconductor stocks have been volatile this year with investors focusing on AI plans and outlook.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AAL $BRTX $BP $CRM $SOFI
American Airlines Group (AAL) - Shares rose premarket after the company raised its Q2 financial guidance. The airline now expects Q2 adjusted EPS of $1.45-$1.65, up from the prior range of $1.20-$1.40.
BioRestorative Therapies (BRTX) - The company announced a license from the New York State Department of Health to act as a tissue bank for processing mesenchymal stem cells from autologous donors.
BP (BP) - Shares fell amid a drop in oil prices, which came after a decline in China factory activity. The soft economic data out of China has caused economic recovery concerns and has pressured oil demand outlook.
Salesforce (CRM) - The company will report Q1 earnings after the close today.
SoFi Technologies (SOFI) - Shares gained for a second day amid progress on a US debt limit bill, which would reinstate student loan payments
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
STOCKS TO WATCH: $NVDA $F $DAL $ETRN $AI
NVIDIA Corporation (NVDA) - Shares of the chipmaker rose over 4% on Tuesday after the company said it would build the Israel-1 generative AI cloud supercomputer. The stock has gained over 170% year to date amid AI momentum, with the company now approaching a $1 trillion market cap.
Ford (F) - Jefferies upgraded the stock from Hold to Buy, citing increased confidence in the company's ability to close a 'deficit of execution.'
Delta Airlines (DAL) - TSA checkpoint data showed Memorial day passenger volumes rising above 2019 levels, indicating high travel demand during the holiday weekend.
Equitrans Midstream (ETRN) - The tentative debt limit agreement by Biden and McCarthy contains a provision to accelerate the completion of the Mountain Valley Pipeline. RBC Capital upgraded the stock from Sector Perform to Outperform following the news, with shares gaining nearly 40% premarket.
C3.ai (AI) - Shares rose 12% in the pre-market session amid continued investor optimism in the AI space. The company will report Q4 earnings tomorrow after the close.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
STOCKS TO WATCH: $PDD $F $AVGO $CHWY $BLBX
PDD Holdings (PDD) - Shares of the company formally named Pinduoduo were up about 15% in pre-market action following better-than-expected quarterly results. PDD is an e-commerce platform focused on serving people in rural areas of China.
Ford (F) - A report Thursday afternoon suggested Ford will add Tesla's (TSLA) plug to its electric vehicles. While some retail investors were optimistic on the move by Ford, shares appeared unaffected.
Broadcom (AVGO) - A play on the semi space. The company will report quarterly results on Thursday of next week.
Chewy (CHWY) - The company will report quarterly results on Wednesday after market close. Traders and investors can potentially use Petco's (WOOF) recent earnings as an indication for Chewy.
Blackboxstocks (BLBX) - One of Friday's momentum names. The stock was up 12% on seemingly no news. The company is a provider of "a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels." The issue is in low-float territory with about 2 million shares in its float.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
A first-ever Stocks To Watch special feature: one stock to rule them all! The following stock was the talk of Wall Street Thursday morning.
STOCK TO WATCH: $NVDA
NVIDIA (NVDA) - Shares were up a jaw-dropping 30% Thursday morning following strong quarterly results and guidance from the company. Given the already massive size of NVIDIA prior to this recent move, NVIDIA added about $200 billion in market cap overnight. Some on the Street are already questioning if NVIDIA will become the first $1 trillion market cap semi company.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Netflix (NFLX) - Analysts at Oppenheimer were more favorable on Netflix shares as the company has officially launched paid sharing of its platform at $7.99/month in the US. We'll discuss insight from the analyst call on Benzinga's Stocks To Watch podcast Wednesday morning; tune in on Benzinga's Twitter around market open or on Spotify or Apple Podcasts later in the morning.
Costco Wholesale (COST) - The company will report quarterly results on Thursday afternoon. Retail stocks were in focus this week amid earnings out of several important companies, including Kohl's (KSS). Kohl's shares were up more than 12% Wednesday morning following better-than-expected sales.
Uber (UBER) - Analysts at Morgan Stanley Wednesday morning called Uber's ability to scale profitability in the global delivery space "underappreciated." The analysts also questioned whether the delivery industry's runway in the US could be "longer than expected."
CyberArk Software (CYBR) - A play on identity security. Several sell-side analysts were favorable on CyberArk following the company's recent investor day. Analysts at William Blair liked the fact CyberArk seemed to "set a new direction, vision and strategy to expand the opportunity of what it can achieve."
EpicQuest Education (EEIQ) - A low-float momentum play for Wednesday. Shares were over the $2 level, up 89% from Tuesday's close. The stock closed Tuesday's session up about 7% following news of a non-binding agreement with a Chinese college.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $META $AZO $KULR $COOK $RIDE
Meta Platforms (META) - Shares of this mega-cap tech powerhouse were up more than 100% year to date as of Tuesday morning. Check your Movers tool in Benzinga Pro on a weekly basis to easily and quickly identify top movers in 2023.
AutoZone (AZO) - The stock was down 2% following mixed quarterly results. AutoZone said same-store sales (a measure of sales at it's retail locations open longer than one year) rose nearly 2% from last quarter.
KULR Technology (KULR) - A Benzinga Pro exclusive early release news item. KULR announced it was awarded an additional contract from the US Air Force related to the development of high-energy battery packs. KULR did not disclose terms of the contract. Shares were relatively quiet Tuesday morning but rallied more than 40% on Monday ahead of the news.
Traegar (COOK) - A good ole' fashioned barbeque play ahead of the unofficial start of the summer in the US, Memorial Day! Reminder: the US stock market will be closed on Monday, May 29 for Memorial Day.
Lordstown Motors (RIDE) - The company announced a 1-for-15 reverse stock split Tuesday morning. Tune into Benzinga's Stocks To Watch podcast on Twitter around market open or on Spotify or Apple Podcasts after 10 a.m. EDT to hear some insight into what reverse stock splits mean for investors.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $MU $RKT $DLTR $LDOS $IRWD
Micron Technology (MU) - Shares were down about 4% Monday morning following a report the Chinese government found cybersecurity issues related to Micron's products. Chinese officials have asked its infrastructure operators not to buy Micron products.
Rocket Companies (RKT) - A play on interest rates. Last week Fed Funds Futures rates showed more conviction by institutions the Federal Reserve will pause interest rate hikes by July. As a mortgage company, Rocket Companies is among the most sensitive publicly-traded companies tied to the interest-rate cycle.
Dollar Tree (DLTR) - A play on consumers being more (or potentially less) focused on cost savings. Dollar Tree will report quarterly results on Thursday before market open.
Leidos Holdings (LDOS) - Shares appeared unaffected Monday morning despite news (as highlighted in a William Blair research report) NASA awarded its second human lunar lander contract to a team led by Jeff Bezos’s Blue Origin. Leidos’ subsidiary, Dynetics, was pursuing this contract with partner Northrop Grumman (NOC).
Ironwood Pharmaceuticals (IRWD) - Shares were down about 7% following news the company offered to acquire VectivBio (VECT) in about a $1 billion deal. Shares of Vectiv were up 35% on the news.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $DHI $ONON $EXPR $GLOB $LXEH
DR Horton (DHI) - A play on housing and homebuilders. A Wall Street Journal story from Thursday afternoon read "Home Prices Posted Largest Annual Drop in More Than 11 Years in April." While the headline itself may have caused some concern, the data point referred to in the article wasn't quite as scary: existing home sales for the month of April were reported down a little less than 2% on a year-over-year basis.
On Holding (ONON) - A sympathy play in the shoe sector following weak quarterly results and guidance from Foot Locker (FL).
Express (EXPR) - An analyst at a boutique research shop discussed Express favorably ahead of the company's quarterly results next week on Wednesday. Small Cap Consumer Research's Eric Beder said, "With the Express stores slowly getting their groove back, the Bonobos acquisition a key plus and more accretive deals potentially on tap, we view EXPR as an impressive speculative play..."
Globant (GLOB) - A play on AI. Analysts at William Blair Friday morning highlighted the company's beat-and-raise quarter and described the company as "well versed in all things AI."
Lixiang Education (LXEH) - Shares of this penny stock were up nearly 50% following a report Chinese President Xi proposed to establish meeting and dialogue mechanisms to facilitate cooperation between China and central Asian countries in areas including education, agriculture and transportation.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $WMT $SCHW $ATVI $CDW $FRGT
Walmart (WMT) - Shares traded slightly higher following better-than-expected quarterly results and raised guidance. Walmart raised its 2024 earnings per share guidance from a prior range of $5.90-$6.10 to $6.10-$6.20.
Charles Schwab (SCHW) - A play on continued favorable commentary by sell-side analysts. Deutsche Bank analysts Thursday morning highlighted concerns over the last few months related to Schwab cash-shorting issues, but noted these issues continue to ease. Schwab shares remain near lows not seen since the end of 2020.
Activision Blizzard (ATVI) - A sympathy play following earnings out of peer in the video game space, Take-Two Interactive (TTWO). Take-Two shares were up 11% following quarterly results. Activision Blizzard investors have at least one upcoming news catalyst on the horizon over the next month: the release of action role-playing game, Diablo 4.
CDW Corp. (CDW) - Shares saw volatile trading very early Thursday morning. The NYSE's Arca exchange commented on the trading and said erroneous trades in the issue would be busted, meaning those orders would be effectively cancelled and removed from the tape.
Freight Technologies (FRGT) - One of Thursday's momentum du-jour plays. Shares of this penny stock were up 15%. While the company did issue a press release Thursday morning, it was tough to say if the stock moved on the release. More likely, shares saw momentum as the issue is a low-float play with under 10 million shares in its float.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $TOL $SNOW $ZM $WSM $BBY
The following companies will be reporting their quarterly results:
Toll Brothers (TOL) - Tuesday, May 23, after market close
Snowflake (SNOW) - Wednesday, May 24 after market close
Zoom Video Communications (ZM) - Monday, May 22 after market close
Williams-Sonoma (WSM) - Tuesday, May 23, after market close
Best Buy (BBY) - Thursday, May 25, before market open
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Good Morning Investors: Morgan Stanley analyst weighs in on Hyatt (H) investor day and Moderna (MRNA) uses MRNA technology to address multiple needs.
Here are our stocks to watch for today.
- Brent Slava, Michael O'Connor
STOCKS TO WATCH: $AMD $NKE $MRNA $H $BEEM
Advanced Micro Devices (AMD) - The company will host its annual shareholder meeting this week on Thursday. The event will begin at 12 p.m. EDT. While we know annual shareholder meetings are often times not a major news catalyst for investors, Wall Street has taken to listening carefully when AMD CEO Lisa Su speaks.
NIKE (NKE) - A sympathy play amid upcoming earnings out of peer in the sports apparel/retail space, Foot Locker (FL). Foot Locker will report on Friday of this week; NIKE is not expected to report their last-quarter results until the end of June.
Moderna (MRNA) - A play on a potential upcoming FDA news catalyst. The company is expected to report Phase 1/2 trial results from a propionic acidemia treatment candidate by Thursday of this week.
Hyatt (H) - Following the company's first investor day event in three years last week, an analyst at Morgan Stanley said investors faded the news in the stock. Despite the unfavorable reaction for Hyatt bulls, the Morgan Stanley analyst showed conviction a multi-year opportunity for Hyatt's management and its investors still remains.
Beam Global (BEEM) - A play on electric vehicle charging capabilities. Shares were up 20% Tuesday morning following better-than-expected quarterly results.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $TSLA $SRPT $TJX $MNDY $LTRY
Tesla (TSLA) - The company will host its annual shareholder meeting on Tuesday. The event will be broadcast on YouTube and begins at 4 p.m. EDT. A reminder that annual shareholder meetings are rarely market-moving events for investors.
Sarepta Therapeutics (SRPT) - One of Monday morning's biggest winners. Shares were up nearly 30% following late-Friday news an FDA Advisory Committee panel supported approval of the company's gene therapy candidate to treat a rare neuromuscular disorder.
TJX Companies (TJX) - Traders in Benzinga Pro's lounge chat discussed TJX favorably Monday morning. One chatter noted TJX owns Home Goods, a retailer commonly viewed as a competitor to Bed Bath & Beyond (BBBY). TJX will report quarterly results on Wednesday morning.
Monday.com (MNDY) - A workflow and management software provider. The stock was up 15% in Monday's pre-market session following better-than-expected quarterly results and guidance.
Lottery.com (LTRY) - A peer in the lottery space following news NeoGames (NGMS) will be acquired in a $1.2 billion deal. While shares of NeoGames were up over 100% on the news Monday morning, shares of Lottery.com had not yet responded to the industry news.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $CMCSA $KR $ON $TSVT $CMND
Comcast (CMCSA) - The parent company of NBCUniversal. One of Friday's most-discussed stories stemmed from a tweet by Elon Musk he had found a new exec to file the chief exec role at Twitter. Speculation suggested the new exec will be Linda Yaccarino, currently Chair of advertising for NBCUniversal. Comcast shares were unaffected amid the rumors.
Kroger (KR) - A Wall Street Journal cover story Friday morning answered "Why Amazon Isn’t Checking Out of Groceries." The article subheading read "Amazon is still barely scratching the surface of the grocery market despite years of efforts." Indeed, Kroger shares over the last two years are up more than 30%.
ON Semiconductor (ON) - An often overlooked top player in the global semiconductor industry. The company will host an analyst day event on Tuesday of next week. Corporations are known to give updates affecting management's outlook at these events.
2seventy bio (TSVT) - The company is expected to report Phase 1 data from a acute myeloid leukemia treatment candidate next week. 2seventy bio is expected to release the data at the American Society of Gene + Cell Therapy conference next week.
Clearmind Medicine (CMND) - A penny stock mover Friday morning. Shares were up more than 20% on news the company received ethics committee approval for a Phase 1/2 trial of its treatment compound for alcohol use disorder.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $HD $TPR $UPST $PET $SFWL
Home Depot (HD) - The company will report quarterly results on Tuesday of next week. Home Depot's sole publicly-traded peer in the home improvement retail space, Lowe's (LOW), will report on Tuesday, May 23. Investors should use results out of Home Depot and Lowe's as a way to get an indication for how consumers are spending related to the housing and home markets.
Tapestry (TPR) - Perceived as a play on luxury fashion and apparel accessories. Tapestry is the parent company of Coach, Kate Spade and Stuart Weitzman. The company will report quarterly earnings on Thursday before market open.
Upstart (UPST) - One of Wednesday morning's biggest winners. Shares were up about 30% following better-than-expected quarterly results and strong guidance. The company describes itself as a credit services company, providing "a proprietary, cloud-based, artificial intelligence lending platform."
Wag! Group (PET) - A play on the pet services space. Wag is a provider of a platform to allow pet owners to connect with pet caregivers for dog sitting, dog walking and training. The stock was up 5% Wednesday morning following mixed quarterly results and 2023 guidance which was better than expected.
Shengfeng Development Limited (SFWL) - One of this week's momentum plays. Shares rallied more than 100% on Tuesday despite no news catalyst. Investors and traders in the name took profit Wednesday morning; shares were down about 20%. This stock had several factors which contributed to the momentum this week: being a 1. low-float stock from a 2. China-based 3. overseas shipping company. These three categories have been known to create trading momentum.
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $BABA $TSM $LCID $H GTHX
Alibaba (BABA) - China's most economically-important companies will be in focus this week ahead of earnings out of the nation's second largest ecommerce company behind Alibaba, JD.com (JD). Shares of Alibaba and JD are known to move in tandem with each other. Alibaba will report quarterly results in two Thursdays, on May 18.
Taiwan Semiconductor (TSM) - The company will release monthly sales data for April on Wednesday. Monthly sales figures are a common catalyst for the shares of many types of corporations.
Lucid Group (LCID) - One of Tuesday's most-discussed stocks. Shares were down nearly 10% following worse-than-expected quarterly results from this electric vehicle manufacturer.
Hyatt (H) - A way to understand the state of the economy from a hospitality and travel standpoint. Hyatt will host its investor day event on Thursday of this week.
G1 Therapeutics (GTHX) - A play on an upcoming FDA-related news catalyst. The company is expected to publish results from a Phase 2 trial of its triple-negative breast cancer treatment candidate by May 12
Did someone forward you this email? Click here to get your own copy, delivered hot and fresh to your inbox every morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
traight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $DIS $PACW $AMC $RBLX $WEN
Disney (DIS) - Will report quarterly results after market close on Wednesday. Analysts expect earnings of $0.93 per share on sales of about $22 billion.
PacWest Bancorp (PACW) - Shares were one of Monday morning's biggest gainers, up 30% in the pre-market session. The stocks of several regional banks rebounded from recent lows Monday. Late on Friday, PacWest announced it would cut its quarterly dividend to $0.01 per share. It's not clear if the price action Monday morning is related to the stock rebounding after extreme downside or if investors reacted favorably to the dividend news.
AMC Entertainment (AMC) - Analysts at Macquarie responded in a research note Monday morning following AMC's quarterly results on Friday. The analysts were favorable on the long-term story for the movie industry moving forward but remained cautious on AMC shares. To hear more from the analyst call, tune into Benzinga's Stocks To Watch podcast on Benzinga's Twitter around market open.
Roblox (RBLX) - Will report quarterly results on Wednesday before market open.
Wendy's (WEN) - The company will publish quarterly results on Wednesday before market open. Analysts expect earnings of $0.20 per share on sales of about $520 million.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AAPL $AMC $WAL $KMX $PENN
Apple (AAPL) - Shares were up about 2% following better-than-expected quarterly results from Apple and news of a raised quarterly dividend and $90 billion buyback plan. To hear how analysts responded to Apple's results, tune into Benzinga's Stocks To Watch podcast around market open on Benzinga's Twitter.
AMC Entertainment (AMC) - The stock was up 4% amid a quarterly beat reported by AMC.
Western Alliance Bancorp (WAL) - Shares of Western Alliance, Comerica (CMA) and Zions Bancorp (ZION) were upgraded to the equivalent of a buy recommendation by analysts at JP Morgan. The analysts said "with too many on one side of the boat, we move to the middle."
CarMax (KMX) - A sympathy play following strong results out of peer in the used car space, Carvana (CVNA). While Carvana shares were up about 40% on the news, CarMax shares were down about 3% in Friday's pre-market session.
PENN Entertainment (PENN) - A sympathy play following good results out of peer in the sports betting space, DraftKings (DKNG). DraftKings shares were up about 14% while PENN shares were up about 3%.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $PACW $FHN $DRI $PTON $MLCO
PacWest Bancorp (PACW) - Shares were down more than 30% Thursday morning following a Bloomberg report the company will consider strategic alternatives including a potential sale. The report and downside in the stock followed major downside in the stock over the last several trading sessions; PacWest shares were down more than 50% since earlier this week.
First Horizon Corp. (FHN) - The company and TD Bank (TD) mutually called off their merger agreement Thursday morning. TD Bank said it was unable to obtain a timeline for regulatory approvals for reasons unrelated to First Horizon. First Horizon shares were down about 40% on the news.
Darden Restaurants (DRI) - Analysts at Oppenheimer remained bullish on Darden following what the firm called an "attractive" acquisition by the company of Ruth Hospitality (RUTH), owner of Ruth's Chris Steak House.
Peloton Interactive (PTON) - The stock was down 7% following mixed quarterly results but solid guidance from the company. Analysts at Needham were favorable on Peloton shares amid the results and guidance. The analysts were optimistic amid a relaunch of the company's brand and app later in May.
Melco Resorts (MLCO) - A play on casinos in China's Macau region. The company is expected to report quarterly results over the next two weeks.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $NVDA $MSFT $ADP $IMGN $WOOF
NVIDIA (NVDA) - Chip stocks were in focus Wednesday morning following better-than-expected quarterly results but disappointing guidance from Advanced Micro Devices (AMD). While AMD shares were down more than 7%, NVIDIA shares were down less than 1%. NVIDIA will report quarterly results later in May, expected during the last week of May.
Microsoft (MSFT) - A way to play a "differentiated AI strategy," according to analysts at Oppenheimer. In a research note Wednesday morning, the firm's analysts said "The reported upcoming release of Microsoft's premium private ChatGPT service for enterprises should have a positive upwards bias to our already industry-leading 2024 Azure growth" expectation.
Automatic Data Processing (ADP) - Data on the jobs market from ADP Wednesday morning showed a very strong labor market. The company reported 296,000 jobs were added in April, much higher than the 148,000 jobs expected by economists. The US government's Bureau of Labor Statistics will report jobs data on Friday at 8:30 a.m. EDT.
ImmunoGen (IMGN) - One of Wednesday morning's biggest winners. The stock was up more than 100% following favorable data from a Phase 3 trial of the company's ovarian cancer treatment candidate.
Petco (WOOF) - Analysts at Needham Wednesday morning highlighted a potential opportunity for Petco and Chewy (CHWY) amid Amazon's (AMZN) May 2-3, 2023 Pet Day promotional event. The analysts noted elevated discounting at Petco recently could turn into a tailwind for the company.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $CHGG $LYFT $FTNT $STNG $LEJU
Chegg (CHGG) - Shares were down nearly 50% in pre-market trade Tuesday. Many investors in Benzinga Pro's chats discussed Chegg's earnings results and the stocks performance. Chegg cited students using generative-AI platforms like ChatGPT as a reason last quarter's performance might have been concerning.
Lyft (LYFT) - The stock was up about 2% in sympathy following earnings out of peer Uber (UBER). Lyft will report quarterly results on Thursday.
Fortinet (FTNT) - A play on a bullish call by analysts at research shop Rosenblatt. The firm began coverage on several cybersecurity stocks with bullish ratings, including CyberArk (CYBR), CrowdStrike (CRWD), Zscaler (ZS) and Palo Alto Networks (PANW).
Scorpio Tankers (STNG) - A play on an improved landscape for the company's shareholder payouts. This overseas shipper raised its quarterly dividend and announced a $250 million buyback plan. The stock's dividend yield now sits at nearly 2%.
Leju Holdings (LEJU) - Several China-based US-traded stocks traded higher on heavy momentum Tuesday morning. These names each had the quality of being in "low-float territory" -- having under 20 million shares in their float. The Benzinga Pro newsdesk team could not find news to justify the move higher in these momentum names.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $SBUX $PFE $AAPL $BKNG $AMC $PYPL $ABNB $DIS $JD $YETI
The following companies will be reporting their quarterly results:
- Starbucks (SBUX) - Tuesday, May 2 after market close
- Pfizer (PFE) - Tuesday, May 2 before market open
- Apple (AAPL) - Thursday, May 4 after market close
- Booking Holdings (BKNG) - Thursday, May 4 after market close
- AMC Entertainment (AMC) - Friday, May 5 before market open
- PayPal (PYPL) - Monday, May 8 after market close
- Airbnb (ABNB) - Tuesday, May 9 after market close
- Disney (DIS) - Wednesday, May 10 after market close
- JD.com (JD) - Thursday, May 11 before market open
- YETI Holdings (YETI) - Thursday, May 11 before market open
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $COST $SOFI $COIN $NET $BIVI
Costco Wholesale (COST) - The company will report monthly sales results for April on Wednesday of next week. This has been a news catalyst for Costco over the last few years -- albeit a modest one.
SoFi Technologies (SOFI) - Will report quarterly results on Monday before market open. A trader in Benzinga Pro's lounge chat on Friday morning highlighted a trading idea in the stock based on a favorable chart setup. The trader suggested SoFi was the "only regional that has remained strong through this mess." Tune into Benzinga's Stocks To Watch podcast around market open on Twitter to hear some elaboration and discussion on the intriguing point the trader in the Benzinga Pro community made.
Coinbase (COIN) - Will report earnings on Thursday after market close. Analysts currently expect Coinbase to report a loss of $1.36 per share on sales of $650 million.
Cloudflare (NET) - One of Friday morning's biggest losers. Shares of this software company were down more than 20% following mixed quarterly results and guidance.
BioVie (BIVI) - A play on an upcoming FDA-related news catalyst. The company is expected to issue results from a Phase 2 trial for its Parkinson's drug candidate later on Friday. A company-issued press release suggested the presentation would happen after 8 p.m. EDT.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $ATVI $SQ $PI $UAA $DKNG
Activision-Blizzard (ATVI) - Shares closed Wednesday's session down about 11% following news the UK's competition regulator said it would prevent the company's deal with Microsoft (MSFT). The regulator cited concerns with competition in the cloud-gaming space if the deal went through. A sell-side analyst who commented on the blockage Thursday morning revised the likelihood of the deal closing to just 10%.
Block (SQ) - The company will report quarterly results on Thursday of next week. Analysts expect earnings of $0.34 per share on sales of $4.6 billion.
Impinj (PI) - One of Thursday morning's biggest losers. The stock was down more than 30% following mixed quarterly results from the company. One analyst who covers the stock said the company's 62% year-over-year sales growth and sales guidance near the mid-40% range were "not enough" for bulls.
Under Armour (UAA) - Will report quarterly results in two Tuesdays, on May 9.
DraftKings (DKNG) - A DraftKings competitor in the online gambling space, Fanatics, was highlighted in a feature article on the Wall Street Journal homepage Thursday morning. The article, "Fanatics Bets on Its Fans to Win Sports-Gambling Race," laid out the business case for the advantages the company's 95 million customers offer. Shares of DraftKings did not respond to the article and potential concerns of competion.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $AMZN $AMD $AI $XOM $SAI
Amazon.com (AMZN) - The company will report quarterly results on Thursday after market close. To hear some expectations from the sell-side analysts related to Amazon's upcoming earnings report, tune into Benzinga's Stocks To Watch podcast on Apple Podcasts or Spotify after 10 a.m. EDT.
Advanced Micro Devices (AMD) - A peer play ahead of the first earnings report out of the big three chip names; Intel (INTC) will report quarterly results Thursday afternoon. Shares of AMD, Intel and NVIDIA (NVDA) trade closely together following a major news catalyst like earnings.
C3.ai (AI) - Shares were up 3% in pre-market action following news of a government designation for the company's services. The US Air Force labeled C3.ai's software as a system of record for its Condition Based Maintenance Plus initiative.
ExxonMobil (XOM) - One of the first of the big integrated oil companies to report last-quarter results. Exxon will report quarterly results Friday morning, along with Chevron (CVX).
SAI.TECH Global (SAI) - One of Wednesday morning's biggest gainers. Shares were up almost 40%. The Benzinga Pro newsdesk team did not see news to justify the move higher in shares. SAI.TECH is both a penny stock and low-float name, meaning it will be more susceptible to volatility and momentum.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $GM $SNAP $WEN $XENE $CXAI
General Motors (GM) - Shares traded about 3% higher Tuesday morning following better-than-expected Q1 earnings and sales and raised guidance. The company said global deliveries of its automobiles were down about 3% on a year-over-year basis while market share in North America was up more than 1%.
Snap (SNAP) - The company will report quarterly results on Thursday after market close. According to Benzinga Pro's Calendar tool, analysts who cover Snap expect the company to report a loss of $0.01 per share on sales about $1 billion.
Wendy's (WEN) - Shares appear largely unaffected following strong quarterly results from peer in the fast food space, McDonald's (MCD). Elsewhere in the space, Chipotle Mexican Grill (CMG) will report quarterly results after market close Tuesday.
Xenon Pharmaceuticals (XENE) - The company is expected to offer Phase 3 trial results for its epilepsy drug candidate by Friday of this week.
CXApp (CXAI) - One of Tuesday morning's top movers. Shares were up 36% on seemingly no news. The stock has been volatile over the last couple weeks. The issue is a low-float name, with under 500,000 shares in the issues float.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $WMG $SMCI $ENTG $VERX $CZWI
Warner Music Group (WMG) - AI technology is being viewed as a potential benefit for streaming music players like Warner Music and Spotify (SPOT), according to an analyst at Morgan Stanley Monday morning. To hear more from the analyst call, tune into Benzinga's Stocks To Watch podcast on Benzinga's Twitter around market open or on Spotify or Apple Podcasts later in the morning.
Super Micro Computer (SMCI) - Shares were down about 10% following a concerning outlook from the company.
Entegris (ENTG) - "This stock is a coiled spring," according to an analyst at Needham. The analyst added the stock to the firm's conviction list amid a recent sell off in shares.
Vertex (VERX) - Insider in Vertex, Tensile Capital, disclosed the sale of more than $2 million in company shares very late on Friday evening. Shares had not appeared to respond to the news Monday morning.
Citizens Community Bancorp (CZWI) - One of Monday's biggest pre-market gainers. Shares of this low-float name were up about 15%; the Benzinga Pro newsdesk team did not identify news to justify the move higher.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $GOOGL $XPEV $ANET $MGM $WINT
Alphabet (GOOGL) - The company will report quarterly results next week on Tuesday after market close. Alphabet will kick off (along with Microsoft (MSFT), also on Tuesday afternoon) big tech earnings next week. Other big tech companies reporting next week include Meta Platforms (META), eBay (EBAY), Amazon (AMZN) and Intel (INTC).
XPeng (XPEV) - Shares were down about 3% Thursday morning following a disappointing quarterly report from electric vehicle peer Tesla (TSLA).
Arista Networks (ANET) - A peer play following a weak earnings report out of peer in the networking space, F5 Networks (FFIV). While shares of F5 were down about 7%, Arista shares were down nearly 3%.
MGM Resorts (MGM) - Casino stocks outperformed the broader stock market handily Thursday morning following a strong quarterly report out of MGM competitor Las Vegas Sands (LVS). MGM will report quarterly results on Monday, May 1.
Windtree Therapeutics (WINT) - A play on a key technical level breaking down. Shares of Windtree fell about 16% on Wednesday following news the company's Chair would resign from the Board. Late Wednesday evening, shares fell through a notable support level just over the $5 level. The stock continued sharply lower following the breach of that level; shares were down more than 60% Thursday morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $TSLA $ROKU $GE $CHGG $WAL
Tesla (TSLA) - The company will report quarterly results Wednesday after market close. Investors can tune into Tesla's Q1 earnings Q&A webcast at 5:30 p.m. EDT. Tesla has asked investors to submit questions for the earnings Q&A segment via a service called Say; while asking of new questions is now closed to the public, investors can upvote questions that have already been asked to create priority.
Roku (ROKU) - Shares were down about 1% following mixed quarterly results out of peer in the streaming space, Netflix (NFLX). Roku will report quarterly results next Wednesday after market close.
General Electric (GE) - Will publish quarterly earnings Tuesday morning. Analysts currently expect GE to report earnings of $0.14 per share on sales of about $13.4 billion.
Chegg (CHGG) - A play on the US education space -- now with AI exposure!. On Tuesday, Chegg announced the release of its new generative AI companion tool, CheggMate, powered by OpenAI's GPT-4.
Western Alliance Bancorporation (WAL) - A regional bank which posted strong quarterly results Tuesday afternoon. The stock was up more than 20% Wednesday morning.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
traight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $IBM $BA $SCHW $PRST $SABS
International Business Machines (IBM) - Will report quarterly results on Wednesday after market close. Analysts expect earnings of $1.25 per share on sales of about $14.4 billion.
Boeing (BA) - The company will host is annual shareholder meeting Tuesday morning, starting at 11 a.m. EDT. Investors could ask for updates following the recent report of delays to Boeing's 737 MAX aircraft.
Charles Schwab (SCHW) - A buying opportunity in shares, according to analysts at William Blair. The analysts highlighted a recent concern at Charles Schwab: cash sorting issues. The analysts also noted this cash sorting has decelerated recently. William Blair maintained the equivalent of a buy rating on Schwab shares.
Presto Automation (PRST) - A company that provides AI-generated digital automation related to speech recognition for restaurant's drive-thrus. Benzinga will host the company's Chairman and Interim CEO on its YouTube channel for an exclusive interview Wednesday at a 11 a.m. EDT.
SAB Biotherapeutics (SABS) - Shares of this penny stock were up about 20% in pre-market action following an exclusive Benzinga Pro early-release news item: SAB received FDA breakthrough therapy for its flu immunotherapy.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH:
The first-quarter earnings season is upon Wall Street investors!
The following publicly-traded companies are expected to report their quarterly results over the next three weeks.
All of these dates have been confirmed by the companies except for Apple and Amazon. Here are our stocks to watch for today.
$AAPL $TSLA $MSFT $INTC $META $NFLX $BAC $MCD $FCX
- Apple (AAPL) - Expected Thursday, April 27 after market close
- Tesla (TSLA) - Confirmed on Wednesday, April 19 after market close
- Amazon.com (AMZN) - Expected Thursday, April 27 after market close
- Microsoft (MSFT) - Tuesday, April 25 after market close
- Intel (INTC) - Thursday, April 27 after market close
- Meta Platforms (META) - Wednesday, April 26 after market close
- Netflix (NFLX) - Tuesday, April 18 after market close
- Bank of America (BAC) - Tuesday, April 18 before market open
- McDonald's (MCD) -Tuesday, April 25 before market open
- Freeport-McMoRan (FCX) - Friday, April 21 before market open.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH:
$AMZN $WMT $PLTR $SHEL $ADP
Amazon.com, Inc (AMZN) - Amazon announced that it would be closing down a UK-based globally operating online bookstore called Book Depository that it had acquired in 2011. The company was founded in 2004 with offices around the world, and represents the latest belt tightening example for Amazon.
Walmart Inc (WMT) - The global discount retail giant started its two-day 2023 Investment Community meeting focusing on omni-channel retail capbilities, investing in advanced technology, reinventing its supply chain, and more. The company stated that it "Affirms FY24 guidance and commitment to financial framework of 4% sales growth and 4%+ operating income growth over the next 3-5 years".
Palantir Technologies (PLTR) - Famous financial pundit Jim Cramer thrashed Palantir and C3.ai (AI) saying "I think that Palantir is a series of press releases." Both tickers have recently experienced significant price drops with C3 also facing a report from short-seller Kerrisdale Capital alleging accounting issues.
Shell plc (SHEL) - Reports indicate that Russian president Vladimir Putin gave approval for Shell to receive a buyout of $1.2 billion from Russian gas company Novatek (NVTK) in exchange for its 27.5% stake in the Far East Sakhalin-2 LNG project.
Automatic Data Processing (ADP) - ADP released its March National Employment Report and Pay Insights — results indicated that the hot job market may finally be slowing down with companies adding fewer jobs than forecasted. “Employers are pulling back from a year of strong hiring and pay growth, after a three-month plateau, is inching down," said ADP chief economist Nela Richardson.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH:
$AAPL $VORB $ELF $UBS $GETY
- Apple (AAPL) - A report from Bloomberg citing unnamed sources stated that Apple would be "eliminating a small number of roles" on corporate retail teams since the company started to look at cost cutting. The company may be in less pressure of large layoffs than other tech rivals due to hiring fewer additional workers in the several few years.
- Virgin Orbit (VORB) - The Richard Branson founded rocket company filed for Chapter 11 bankruptcy after failing to receive new investment funding or a buyout. The company was founded in 2017 as a spin-off from Virgin Galactic (SPCE).
- e.l.f. Beauty (ELF) - Cosmetics giant L'Oreal S.A. (EPA: OR) announced its largest acquisition ever in a $2.5 billion deal to buy upmarket beauty brand Aesop from Natura & Co. (NTCO).
- UBS Group AG (UBS) - The chairman of Credit Suisse (CS), Axel Lehmann gave a public apology to shareholders, saying “We failed to stem the impact of legacy scandals, and counter negative headlines with positive facts" at the bank's annual general meeting.
- Getty Images (GETY) - Stock photo and digital media company Getty Images could be a potential short squeeze target as volume and price shot up over the last few trading days — however share price was relatively stable pre-market just below $6.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH:
$XOM $AI $AYI $NKLA $SNPS
Exxon Mobil Corp (XOM) - OPEC+ agreed to cut more than 1 million barrels per day to extend through the end of 2023 sending Brent crude and U.S. West Texas Intermediate crude futures higher. Oil and related stocks reacted and jumped pre-market.
C3.AI (AI) - C3, an artificial intelligence company, has been on a wild ride with the generative AI trend launching the stock's price up over 200% in the past three months — but still remains far from its original $100 IPO share price from 2020.
Acuity Brands (AYI) - The major lighting company will be reporting earnings on Tuesday pre-market — William Blair analyst Ryan Merkel stated "Acuity should meet Street EPS [estimates] for the fiscal second quarter as lighting activity moderated in line with expectations," while maintaining the equivalent of a Hold rating.
Nikola (NKLA) - After announcing it would sell shares to raise $100 million last Thursday, the electric truck maker's stock plummeted through the end of the week. Shares were relatively stable Monday morning.
Synopsys (SNPS) - Semiconductor design and software company Synopsys garnered headlines for announcing a suite of AI-based tools for semiconductor chip design with high-powered early users — share price has seen relatively consistent growth over the last 5 years with currently optimistic analyst coverage.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH:
$F $STZ $PRGS $LEVI $PHIO
Ford (F) - Bank of America will be hosting its Auto Summit next week; Ford will be presenting on Wednesday at 12:10 p.m. EDT. Ford's VP of Product Development will discuss the company's efforts related to "software-enabled gas-powered, hybrid and electric vehicles."
Constellation Brands (STZ) - The maker of alcohol brands Modelo, Corona, Svedka Vodka and others. The company will report quarterly results on Thursday morning of next week.
Progress Software (PRGS) - The company will host an Investor Day event on Tuesday at 10 a.m. EDT. Companies often give updates on their business or guidance at these investor events.
Levi Strauss (LEVI) - The maker of apparel, including the company's iconic jeans. Levi Strauss will report quarterly results on Thursday after market close.
Phio Pharmaceuticals (PHIO) - The company is expected to release Phase 1 trial results from its melanoma drug candidate by this weekend.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $TSLA $LULU $SNAP $COST $USAU
Tesla (TSLA) - The company is expected to release first-quarter delivery data over this upcoming weekend. An analyst at Wedbush sees Tesla reporting deliveries around 420,000 units for the quarter.
lululemon athletica (LULU) - Shares were up about 17% during Wednesday's pre-market session following "very solid" quarterly results, according to an analyst at Oppenheimer. Other analysts were very optimistic on lululemon following the earnings. A Morgan Stanley analyst noted lululemon outperformed on the three main investor concerns heading into the results: inventory levels, gross margin and full-year guidance.
Snap (SNAP) - Investors in Snap have already priced in aggressive assumptions for TikTok time captured by Snapchat in the event of a US TikTok ban, according to a Morgan Stanley analyst. The analyst thought the most compelling idea to capture the TikTok ban theme was Meta Platforms (META).
Costco Wholesale (COST) - The company will report March sales results next week, on Wednesday, April 5.
US Gold (USAU) - The stock has rallied about 30% over the last few trading sessions. Shares were mentioned as a "worth watching" stock in Benzinga Pro's lounge chat Wednesday morning. US Gold is a nano-cap company in the gold exploration and development space; it's stock is in low-float territory with about 7 million shares in its float.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $FCNCA $PLTR $ATVI $STX $BNED
First Citizens Bancshares (FCNCA) - First Citizens will purchase substantially all of the loans and other assets of Silicon Valley Bank. Specific terms of the deal by First Citizens were not disclosed. Shares of First Citizens were up nearly 30% on the news.
Palantir Technologies (PLTR) - Analysts at William Blair made a bearish call on Palantir Monday morning. The firm noted two news items last week which showed evidence of the US Air Force's Space Systems Command unit splitting its contract exposure among more contractors than just Palantir. "...there is risk that Palantir’s premium 8.5-times sales multiple will compress as competition pressures revenue growth and profitability," according to one William Blair analyst.
Activision Blizzard (ATVI) - Initial reviews following the two-weekend beta period for Blizzard's new game, Diablo 4, have been largely positive. Given the favorable reviews, analysts at Oppenheimer said "We see upside to our current estimates from Blizzard's potential to bring players new to Diablo franchise to D4."
Seagate Technology (STX) - A play on weaker pricing within the memory chip space. Seagate and Western Digital (WDC) peer, Micron Technology (MU) will be the first memory company to report this week, on Tuesday. Analysts at Raymond James Monday morning cut estimates on Micron sales and gross margins amid the weaker pricing concerns.
Blade Air Mobility (BLDE) - A play on the air mobility space. Jefferies will host its electric vehicle take-off landing conference this week; Blade Air Mobility will be presenting from the event on Tuesday at 11 a.m. EDT. Company execs could give guidance or updates on the company's business.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$C $EUFN $RH $JEF $BNED
📉 Citigroup (C) - The US big bank with its shares down the most amid the concerns with Deutsche Bank (DB). A report early Friday morning suggested the cost of insuring Deutsche Bank from a default suddenly spiked. Citi shares were down about 2%; Deutsche Bank shares were down about 8%.
🏦 iShares MSCI Europe Financials ETF (EUFN) - An exchange-traded fund (ETF) to gain exposure to Eurobanks. The ETF sees some good volume each trading day, an average of over 1 million shares traded.
🛋️ RH (RH ) - A play on upcoming earnings out of this luxury home goods retailer. RH will report quarterly results on Wednesday after market close.
🏦 Jefferies (JEF) - Despite concerns with the global banking industry over the last several weeks, analysts at Oppenheimer on Friday were optimistic on Jefferies. The analysts highlighted Jefferies as a standout in the investment banking and financial services industry. To hear more about the analyst call, check out Benzinga's Stocks To Watch podcast on Twitter, Apple Podcasts or Spotify.
📚 Barnes & Noble Education (BNED) - A play on the education publishing industry. Shares of peer in the space, Scholastic (SCHL), were down nearly 20% Friday morning following disappointing quarterly results.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$SQ $COIN $CLH $EBS $IDAI
Block (SQ) - Shares fell nearly 20% following a new negative report from short seller and research firm Hindenburg. The firm's report was titled "How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out Over $1 Billion."
Coinbase (COIN) - The stock closed down 8% on Wednesday and was down another 18% Thursday morning following news of an SEC notice to the company related to allegations of securities violations. Several sell-side analysts were negative on the company and stock following the SEC notice, including a downgrade from analysts at Oppenheimer.
Clean Harbors (CLH) - A play on a potential upcoming news catalyst. Clean Harbors will host its 2023 Investor Day event on Wednesday of next week, a news event that has been known to be a market-moving catalysts for stocks. Interestingly, Clean Harbors execs sold shares of company stock last week. The stock recently traded at a new 52-week high.
Emergent Biosolutions (EBS) - A play on an upcoming FDA-related news catalyst. A panel of FDA advisors will host a meeting to give insight into Emergent's opioid overdose treatment, Narcan, on Wednesday of next week.
T Stamp (IDAI) - Thursday morning's penny stock, low float momentum name. Shares were volatile on volume amid apparently no news. The company is a provider of AI-enabled identity authentication software.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$META $LULU $BIGB $ONON $DWAC
Meta Platforms (META) - Shares were upgraded to the equivalent of a buy rating by analysts at Morgan Stanley Tuesday morning. The analysts set a $250 price target on Meta, a price level that represented a potential upside of about 25% from the stock's current price.
lululemon athletica (LULU) - The company will report quarterly results on Tuesday of next week. Analysts currently expect earnings of $1.71 per share on sales of $1.87 billion.
Roundhill BIG Bank ETF (BIGB) - A new exchange-traded fund (ETF) launching Tuesday. The new ETF contains exposure to only the US six big banks, Bank of America (BAC), Goldman Sachs (GS), Morgan Stanley (MS), JP Morgan (JPM), Citi (C) and Wells Fargo (WFC).
On Holding (ONON) - A play on sports apparel. On is a Swiss company focused on running, hiking, outdoor and tennis. Shares were one of Tuesday morning's biggest winners; the stock was up following favorable quarterly results and guidance.
Digital World Acquisition Corp. (DWAC) - The special purpose acquisition corporation (SPAC) expected to merge with Donald Trump's Trump Media Group, the parent company of Trump's social media platform, Truth Social. Trump was making headlines Tuesday morning amid speculation he would be arrested related to an investigation into a hush-money scheme in connection with adult film star Stormy Daniels. While Trump is catching attention on Main Street Tuesday, it seems shares of Digital World already responded to the news on Wall Street: the stock fell about 4% last week but has since retaken those losses.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$UBS $SCHW $ENPH $FTCH $MSTR
🏧 UBS (UBS) - Shares were up 2% Monday morning following the weekend's biggest news item: UBS will acquire struggling Eurobank peer, Credit Suisse (CS). Credit Suisse shares were down more than 60% to under the $1 level.
💸 Charles Schwab (SCHW) - With the stock down nearly 30% over the last two weeks, Schwab execs purchased about $7 million in company stock last week.
🔋 Enphase Energy (ENPH) - Shares were upgraded to the equivalent of a buy rating by analysts at Raymond James Monday morning. While the analysts said they were "trying to catch a proverbial falling knife," they like the company's exposure to the European solar market.
👛 Farfetch (FTCH) - One of Morgan Stanley's top ways to play reacceleration in the e-commerce market. Farfetch is "an online platform connecting sellers and buyers of personal luxury goods."
💰 MicroStrategy (MSTR) - A classic way to play bitcoin. Shares were up nearly 5% Monday morning following a weekend rally in bitcoin price. MicroStrategy has much of its cash position in bitcoin.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$NKE $BA $NVDA $BIDU $MO
NIKE (NKE) - The company will report quarterly results on Tuesday of next week. Peer in the athletic apparel space and retailer of NIKE products, Foot Locker (FL), will report their quarterly results on Monday of next week. Investors often use Foot Locker as an indicator for NIKE products.
Boeing (BA) - The company will present at Bank of America's Industrials conference on Wednesday of next week. Boeing could give updates on its latest operations and outlook — including commentary on massive recent deals with Air India and Riyadh Air.
NVIDIA (NVDA) - Morgan Stanley upgraded NVIDIA to an Overweight rating, and raised its price target to $304 per share, saying that “the stock will continue to be hard to ignore in an otherwise challenging semiconductor environment."
Baidu (BIDU) - The Chinese tech company announced Friday that it can now operate robotaxis in a part of the capital city of Beijing with no human staff or driver inside.
(MO) - One of the world's largest tobacco, cigarette and related products companies will host its 2023 Investor Day on Thursday of next week. Altria has often given updates on its forecast at its Investor Day events.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$CS $SNAP $ATVI $MP $LPSN
- Credit Suisse (CS) - Shares rebounded Thursday morning following six straight days of downside. The stock was up about 5% amid news the Swiss National Bank will loan Credit Suisse about $54 billion amid recent concerns with the global banking industry.
- Snap (SNAP) - Traders attributed a 6% rise in Snap shares Thursday morning to a report the Biden administration demanded the Chinese owners of TikTok either spin off their shares or face a US ban.
- Activision-Blizzard (ATVI) - A play on the upcoming beta release of one of the world's most iconic video games, Blizzard's Diablo IV. The games beta will open on Friday of this week; Diablo IV is expected to launch for all users in early June.
- MP Materials (MP) - Shares were down about 6% on Wednesday following concerns related to a Tesla (TSLA) announcement of a rare earth–free permanent magnet for its next generation electric vehicle drivetrain. Investors saw the Tesla news as a potential detriment to MP Materials operations. Analysts at Morgan Stanley on Thursday morning said the Tesla news would have a "limited" impact on MP Materials and reiterated the equivalent of a buy rating on MP.
- LivePerson (LPSN) - A way to gain exposure to the generative AI trend. The company is a provider of chat and support services for websites and other applications. On Wednesday, competitor in the chat support space, Intercom, announced it would be using the newest version of ChatGPT to allow smarter automated interactions with it's customers. The support industry will rely heavily on conversational AI.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$AAPL $META $NFLX $TBI $DRI
- Apple (AAPL) - Shares were down 1% following earnings from Apple's top supplier, Foxconn. Foxconn reported in-line quarterly results but said its next-quarter performance will be roughly inline on a year-over-year basis.
- Meta Platforms (META) - The company announced it will reduce its headcount by another 10,000 jobs, a theme which has been playing out at Meta since November of last year. While Meta shares moved lower amid the news, analysts who cover Meta were generally favorable on the news.
- Netflix (NFLX) - Analysts at Oppenheimer Wednesday morning said a recent pullback in Netflix shares creates a buying opportunity for investors. The firm's analysts noted Netflix shares have fallen more than 20% since the stock's recent high following Q4 earnings.
- TrueBlue (TBI) - A provider of staffing and human capital services. In addition to the layoff news out of Meta, another major tech powerhouse, Apple, on Tuesday said it would expand a hiring freeze to include more roles. (note: other staffing stocks: KELYA, HQI, RCRT, RHI, NSP, ALIT, MAN)
- Darden Restaurants (DRI) - A top 2023 pick by analysts at Oppenheimer. Despite recent concerns with the jobs market and the banking industry, Oppenheimer analysts issued a research note Wednesday morning which showed conviction in the firm's bullish call on this restaurant company. Darden is the owner of Olive Garden, Bahama Breeze, Capital Grille and Longhorn Steakhouse.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$FRC $GME $H $ABNB $DUOL
- First Republic Bancorp (FRC) - Tuesday morning's biggest winner as regional and community bank stocks rebound sharply following two days of major downside. Tune into Benzinga's Stocks To Watch podcast on Twitter around 9:15 a.m. EDT to hear a discussion of "what's next" for banks and the response from Washington DC. Traders can also tune in on Spotify or Apple Podcasts after 10 a.m. EDT.
- GameStop (GME) - The company will report quarterly results on Tuesday of next week. Shares of GameStop recently traded near a 52-week low: the stock last traded around $17, vs the 52-week low around $15.
- Hyatt Hotels (H) - A top pick by analysts at Morgan Stanley. In a research note Tuesday morning, the analysts noted their expectation for "Hyatt to have sold more than $2.3 billion in real estate value [over the last few years], grown its room count by 22% organically, grown EBITDA 60% and free cash flow per share 182%..."
- Airbnb (ABNB) - Analysts at Needham maintained a Buy rating on Airbnb shares Tuesday morning and said supply concerns for the company have been "overblown."
- Duolingo (DUOL) - A sneaky way to gain exposure to the generative artificial intelligence (AI) trend. Analysts at Piper Sandler Tuesday morning highlighted the stock as fulfilling a need for AI and said "the company uses AI to generate content, assess learners, and drive engagement."
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$PACW $ILMN $COIN $ZI $GP
- PacWest Bancorp (PACW) -
- Shares of this Beverly Hills, California-based regional bank were down more than 80% over the last two trading sessions amid the fallout from SVB Financial (SIVB). Regional bank expert Tim Melvin appeared on Benzinga's YouTube channel on Friday of last week and suggested PacWest and Western Alliance (WAL) would not share the same fate as SVB given the banks "do not rely heavily on venture capital relationships."
- Illumina (ILMN) -
- The stock was up 8% Monday morning following a Wall Street Journal report activist investor Carl Icahn plans to wage a proxy battle with Illumina.
- Coinbase (COIN) -
- Analysts at Oppenheimer Monday noted issues with SVB Financial, Silvergate Capital (SI) and Signature Bank (SBNY) could be "jeopardizing blockchain development in the United States." The analysts lowered their sales estimate for Coinbase amid "heightened risks."
- ZoomInfo Technologies (ZI) -
- Shares fell 10% on Friday amid fallout from the SVB Financial collapse. ZoomInfo issued a filing Monday morning which showed the company has about $20 million in cash with SVB Financial.
- GreenPower Motor Company (GP) -
- A play on electric-powered transit buses. Shares of this low float penny stock were up about 20% amid news the company delivered its first electric refrigerated box truck to a client in the education industry.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$META $SCHW $XPEV $DOX $HUT
- Meta Platforms (META) - A report from late Thursday suggested Meta is developing a decentralized text-based social network. The story had the subhead "Is this the Twitter replacement we've been waiting for?"
- Charles Schwab (SCHW) - The stock fell nearly 13% Thursday following, according to analyst at Morgan Stanley, a $600 million block sale and "cash sorting/deposit withdrawal concerns..." The analysts called the move in shares "overdone" and maintained the equivalent of a buy rating on Schwab.
- XPeng (XPEV) - This China-based manufacturer of electric vehicles will report quarterly results on Friday of next week.
- Amdocs (DOX) - A way to gain exposure to the generative artificial intelligence (AI) trend. Analysts at Oppenheimer said companies with "niche data sets" like Amdocs, Verint (VRNT) and NICE Systems (NICE) could take advantage of the generative AI theme.
- Hut 8 Mining (HUT) - A play on cryptocurrency mining. News on Friday showed a regulator cleared the company's merger deal with USBTC. In Benzinga Pro's lounge chat, one trader said they were "taking a lotto" trade on Hut 8 Mining at current levels.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$LEN $VICI $VRT $LTH $ENTA
- Lennar (LEN) - This homebuilder will report quarterly results on Tuesday after market close. Analysts expect Lennar to report $1.55 in earnings per share on sales of about $5.9 billion.
- VICI Properties (VICI) - A play on casino property. VICI is the owner of the properties many casinos in Las Vegas, Atlantic City, New Orleans and Detroit are built on. VICI owns the properties for Caesars in Vegas, The Venetian, New York New York and about 40 other sites. The stock was upgraded to the equivalent of a buy by analysts at KeyBanc Thursday morning.
- Vertiv Holdings (VRT) - A data center play. Analysts at Oppenheimer highlighted potential beneficiaries from the generative AI trend recently and mentioned data center companies including Vertiv.
- Life Time Group (LTH) - Shares fell about 6% Wednesday and were down another 4% Thursday following mixed quarterly results and some light guidance from the company Wednesday morning. Despite the stock's move lower, analysts at Morgan Stanley and Oppenheimer were favorable on Life Time moving forward.
- Enanta Pharmaceuticals (ENTA) - A play on an upcoming FDA date. The company is expected to release Phase 1 results from a COVID-19 treatment candidate next week at a notable pharma conference.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$AAPL $CRM $OXY $MAN $BYND Apple (AAPL)
- The company will host its annual shareholder event on Friday. Investors are likely to hear about the event later this week; however, remember annual shareholder meetings are rarely market-moving news catalysts.
- Salesforce.com (CRM) - A play on generative artificial intelligence (AI). On Tuesday, the company announced the launch of Einstein GPT, "the world's first generative AI for customer relationship management."
- Occidental Petroleum (OXY) - Shares were up modestly following news Warren Buffett's Berkshire Hathaway purchased around 5 million additional shares in Occidental. The firm's total position in Occidental is now over 200 million shares, or about 22% of total shares.
- Manpower (MAN) - A provider of staffing services. Automatic Data Processing (ADP) reported private-sector payrolls for the month of February totaled 242,000 jobs, better than the 200,000 estimate from economists.
- Beyond Meat (BYND) - A play on meat prices. A report late last month suggested cattle herds in the United States were down about 4% year over year to the lowest level since 1962. If meat prices rise due to the low cattle count, Beyond Meat could be a beneficiary of this trend.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$FDX $COIN $PARA $KRP $VRAXFedEx (FDX) -
- Will report quarterly results on Thursday, March 16 after market close. Analysts at Morgan Stanley issued a note Tuesday morning noting their expectation for FedEx's Q3 results to come in below analysts' consensus estimates.
- Coinbase (COIN) -
- Analysts at Oppenheimer Tuesday highlighted the recent launch of Coinbase's "Base" web 3.0 developer platform. The analysts said the launch suggests Coinbase "is gradually stepping out of the shadow of its reputation as a 'crypto exchange' and becoming more like an enabler of crypto innovation."
- Paramount Global (PARA) -
- Shares were relatively quiet following a rumor Paramount could sell its majority stake in BET Media, owner of the BET and VH1 cable TV channels.
- Kimbell Royalty Partners (KRP) -
- A bullish idea related to sinking natural gas prices. Analysts at KeyBanc Tuesday morning upgraded shares of Kimbell given the companies exposure to the Permian Basin oil and gas producing region in Texas. At the same time, KeyBanc downgraded shares of Blackstone Minerals (BSM) amid falling natural gas prices.
- Virax Biolabs (VRAX) -
- Tuesday morning's biggest winner. Shares of this penny-stock, low-float name were up more than 100% following an exclusive first-on-Benzinga Pro news item. The company announced it won a distribution deal for its avian flu testing kit to markets accepting CE Mark approval status.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
- $JD $GE $CIEN $GHSI $ALBTJD.com (JD) -
- China's second-largest retailer behind Alibaba (BABA). JD will report quarterly results on Thursday before market open.
- General Electric (GE) -
- The company will host an Investor Day event on Thursday. The event could be a news catalyst for GE shares; management teams frequently given guidance at these Investor Day events.
- Ciena (CIEN) -
- A play on the network hardware and software space. Shares were up 10% following better-than-expected quarterly results.
- Guardion Health Sciences (GHSI) -
- The stock was up 15% Monday morning following news the company hired an advisor to consider strategic alternatives. Tune into Benzinga's Stocks To Watch podcast on Benzinga's Twitter around market open time to hear an in-depth description of the importance of strategic alternatives as a type of news item.
- Avalon GloboCare (ALBT) -
- One of Monday morning's momentum stocks. Shares of this penny stock, low float name were up 34% on seemingly no news.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$AI $ORCL $LAZR $LEV $CYTK
- C3.ai (AI) - One of Friday morning's biggest winners. Shares were up nearly 20% following better-than-expected quarterly results and strong guidance.
- Oracle (ORCL) - Will report quarterly results on Thursday after market close.
- Luminar Technologies (LAZR) - One of the top 3 gainers so far in 2023. Luminar shares were up 82% year to date behind C3.ai and NeoGenomics (NEO). This information can be found very quickly on Benzinga Pro's Movers tool.
- Lion Electric (LEV) - A play on the electric vehicle space. The company will report quarterly results on Friday of next week.
- Cytokinetics (CYTK) - A play on an upcoming FDA date. The company is expected to issue Phase 2 trial results from its candidate for cardiomyopathy over this week
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$TSLA $AMD $CRWD $DM $USAU
- Tesla (TSLA) -
- Shares were down 8% Thursday morning following the company's Investor Day event Wednesday afternoon. Tune into Benzinga's Stocks To Watch podcast around market open on Benzinga's Twitter to hear a summary of some analysts' responses to the Investor Day event.
- Advanced Micro Devices (AMD) -
- Analysts at Raymond James resumed coverage on the semiconductor space Wednesday evening. The firm set a Strong Buy rating on AMD and NVIDIA (NVDA) and an Outperform rating on Intel (INTC).
- CrowdStrike (CRWD) -
- A play on cybersecurity. The company will report quarterly results on Tuesday of next week.
- Desktop Metal (DM) -
- An under-the-radar play on the 3D printing space. Shares of this penny stock were up more than 20% Thursday morning following better-than-expected Q4 sales but guidance which was light.
- US Gold Corp. (USAU) -
- A low-float, nano-cap momentum play on the mining space. The company will present at "the world's premier mineral exploration and mining" convention, PDAC, early next week. Benzinga reporter and all-around star personality, Melanie Schaffer, will be interviewing mining companies like US Gold from the event next week. Check out Melanie's author profile on Benzinga next week to see interviews from the event.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$MSFT $NVDA $RIVN $LOGI $MOBQ
- Microsoft (MSFT) -
- A play on the continued trend toward generative artificial intelligence (AI) technology. Analysts at Morgan Stanley Wednesday morning said "The release of a new Bing powered by an OpenAI-based language model created a big marketing splash and cracked open the door for potential share gains in search. However, we see bigger (and higher probability) opportunities as the OpenAI functionality permeates through the MSFT portfolio."
- NVIDIA (NVDA) -
- Retail investors were in an uproar Tuesday afternoon following news of a $10 billion mixed securities shelf offering by NVIDIA. To hear in-depth discussion about the offering, tune into Benzinga's daily Stocks To Watch podcast on Twitter around market open or later in the morning on Spotify or Apple Podcasts.
- Rivian (RIVN) -
- Shares were down 8% Wednesday following mixed quarterly results and 2023 vehicle production guidance which was "well below consensus delivery estimates," according to one analyst. Following the company results, analysts at Needham reinstated the stock with a Buy recommendation and said they liked Rivian management's confidence in "achieving positive gross margins in '24."
- Logitech (LOGI) -
- The company will host its Analyst and Investor Day on March 8 at 9 a.m. EST. Analysts at Morgan Stanley Wednesday morning said they believe the event will be a negative catalyst for the company's stock as the analysts believe Logitech management's guidance will disappoint investors.
- Mobiquity Technologies (MOBQ) -
- A play on news the company launched an AI engine for digital advertising. Shares of this penny-stock, low-float play were up 5% on the news.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$GME $WYNN $TWLO $CHPT $ESPR
- GameStop (GME) -
- A potential peer play amid upcoming quarterly results from AMC Entertainment (AMC). AMC will report earnings after market close Tuesday.
- Wynn Resorts (WYNN) -
- A play on upcoming data from the Nevada Gaming Commission. The Commission issues monthly sales data for Las Vegas casinos, a data point which can move casino stocks like Wynn, Las Vegas Sands (LVS) and MGM Resorts (MGM). The data point is normally released on the first or second day of a month.
- Twilio (TWLO) -
- Company CEO recently purchased over 158,000 shares of company stock, totaling nearly $10 million.
- ChargePoint Technologies (CHPT) -
- A play on the electric vehicle charging space. The company will report quarterly results on Thursday, after market close.
- Esperion Therapeutics (ESPR) -
- The company is expected to release Phase 3 trial results from a candidate for cardiovascular diseases by Saturday of this week.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$PFE $TSLA $NFLX $ADP $SSTK
- Pfizer (PFE) -
- Shares were down more than 1% following a weekend report from the Wall Street Journal Pfizer could purchase Seagen (SGEN). Seagen shares were up 13% on the rumor.
- Tesla (TSLA) -
- The company will host its 2023 Investor Day event on Wednesday, March 1. Tesla said "Our investors will be able to see our most advanced production line as well as discuss long term expansion plans, generation 3 platform [and] capital allocation" but a time for the event was not listed. One analyst predicted a rumored Model 2 sedan could be discussed.
- Netflix (NFLX) -
- A member of the community in Benzinga Pro's lounge chat said Netflix was their favorite chart of the day. Shares recently rebounded off the $320 level.
- Automatic Data Processing (ADP) -
- The company will provide payroll data next week on Wednesday. Traders and economists sometimes use the ADP jobs data to try to get ahead of the government-issued jobs data later in the week, on Friday of next week.
- Shutterstock (SSTK) -
- This digital content provider focused on images and illustrations will host its Investor Day event on Wednesday. The company said it will discuss "vision, strategy,
- and financial outlook..."
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$NVDA $HD $BABA $DASH $EBET
- NVIDIA (NVDA) -
- Analysts at KeyBanc on Friday said, "In semiconductors, we view NVDA as the clear outsized beneficiary of generative AI." To hear more from the analyst call, tune into Benzinga's Stocks To Watch podcast on Benzinga's Twitter around market open time. Reminder: NVIDIA will report quarterly results on Wednesday.
- Home Depot (HD) -
- An excellent gauge of consumer sentiment in the United States. Home Depot will report quarterly results on Tuesday.
- Alibaba (BABA) -
- One of the best ways to understand consumer sentiment within China. Alibaba will report earnings on Thursday.
- DoorDash (DASH) -
- Shares were up 3% following the company's better-than-expected quarterly sales. Most analysts remained positive on the company and stock following the Q4 results.
- EBET (EBET) -
- A sympathy play in the sports betting space. Shares moved higher Friday morning following strong results and guidance out of DraftKings (DKNG).
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$TSLA $TA $COIN $QSR $VERI
- Tesla (TSLA) -
- A play on competition in the electric vehicle space which continues to increase. On Wednesday, Berkshire Hathaway Vice Chair and Warren Buffett's long-time business partner, Charlie Munger, discussed why he and Buffett prefer one of Tesla's Chinese competitors, BYD. "BYD is so much ahead of Tesla in China, it's almost ridiculous," according to Munger. Munger pointed out BYD has raised prices for its vehicles in China while Tesla has had to cut prices multiple times. Berkshire owns almost 14% of BYD.
- TravelCenters of America (TA) -
- Thursday morning's biggest winner. Shares were up about 70% following news BP will buy the company for $86 per share.
- Coinbase (COIN) -
- The company will report quarterly results on Tuesday of next week.
- Restaurant Brands (QSR) -
- A play on an upcoming potential catalyst. The company's Chairman will host an event on Wednesday of next week at 1:30 p.m. EDT. The exec could discuss an outlook for Restaurant Brands; management outlook could move the stock.
- Veritone (VERI) -
- A play on conversational artificial intelligence (AI). The company unveiled Thursday morning its Veritone Generative AI, an enterprise-grade platform as a service focused on conversational AI.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$TSM $AAPL $KHC $MCK $CRM
Today is the last day for hedge funds to file notice of their holdings as of the quarter ended December 31, 2022. These SEC filings are referred to as 13F filings.
To hear more about "13F season" and how to incorporate the knowledge into your trading or investing strategy, tune into Benzinga's daily Stocks To Watch podcast on Benzinga's Twitter around market open or on Spotify or Apple after 10 a.m. EDT.
- Taiwan Semi (TSM) -
- Warren Buffett's Berkshire Hathaway cut their stake in Taiwan Semi by nearly 90% over last quarter. Despite the reduced position, Buffett and Berkshire still hold nearly 9 million American Depositary Shares (ADS) of Taiwan Semi.
- Apple (AAPL) -
- Buffett purchased more than 300,000 shares of Apple by the end of last quarter, bringing Berkshire's total position in the stock to nearly 900 million shares.
- Kraft Heinz (KHC) -
- Buffett sold shares of Kraft Heinz over the quarter but still holds a whopping 423 million shares of the company, about 35% of the company's total outstanding shares.
- McKesson (MCK) -
- Berkshire cut its stake in this healthcare company by about 10% to around 3 million shares.
- Salesforce.com (CRM) -
- Shares rallied last week following a Wall Street Journal report activist investor Dan Loeb and his hedge fund, Third Point, took a stake in Salesforce. The report was not yet confirmed despite the hedge fund 13F filings hitting this week as those 13F filings are for the end of the last quarter and the reported stake by Loeb would have been purchased in the last month or so.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$RKT $SHOP $GIS $BLCM $SECO
- Rocket Mortgage (RKT) -
- A play on rising interest rates which ultimately impact mortgage rates. Traders circulated a headline Tuesday morning which suggested Fed Funds Futures were pricing in a high interest rate of 5-5.25% by July. Fed Funds Futures had previously been pricing in a higher peak interest rate.
- Shopify (SHOP) -
- The company will report quarterly results Wednesday after market close.
- General Mills (GIS) -
- A play on a potential upcoming news catalyst. General Mills execs will present at the Consumer Analyst Group of New York (CAGNY) conference on Tuesday of next week. The company could give guidance at that presentation.
- Bellicum Pharmaceuticals (BLCM) -
- A play on an upcoming FDA-related news catalyst. Bellicum will present at the American Society of Clinical Oncology Genitourinary conference on Thursday of this week. The company is expected to give an update on Phase 1/2 data for its prostate cancer drug candidate.
- SECOO Group (SECO) -
- One of Tuesday's momentum names. Shares of this low-float penny stock were up 14% following news of another conversational AI bot being integrated for the company's services.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$CSCO $PLTR $CLF $ASC $COMS
- Cisco Systems (CSCO) -
- Will report quarterly results on Wednesday after market close. Cisco has historically reported around 4:05 p.m. ET.
- Palantir Technologies (PLTR) -
- A play on artificial intelligence (AI). As highlighted by a smart trader in Benzinga Pro's lounge chat Monday morning, while Palantir hasn't been mentioned often as an AI play, conversational AI platforms like ChatGPT rely on data and data mining to utilize their algorithm. Palantir can be considered a "big data" play. The company will report quarterly results Monday after market close.
- Cleveland-Cliffs (CLF) -
- A vertically-integrated miner and manufacturer of flat-rolled steel products and iron ore pellets. Cleveland-Cliffs investors see a benefit from a favorable dividend yield, about 4%. Cleveland-Cliffs will report earnings on Tuesday before market open.
- Ardmore Shipping (ASC) -
- A play on an upcoming investor day event hosted by the company. The event will begin at 12 p.m. EDT Tuesday. Ardmore is an overseas shipping company.
- COMSovereign (COMS) -
- One of Monday morning's momentum names. Shares were up about 20% on news the company reduced its level of debt by 80% from the same period last year. The stock was recently affected by a 1-for-100 stock split, changing its float to around 2 million shares.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$NVDA $SNAP $TOST $DKNG $XPON
- NVIDIA (NVDA) -
- Will report quarterly results on Thursday of next week. The company has historically reported earnings around 4:20 p.m. ET.
- Snap (SNAP) -
- Will host a investor day event on Thursday, February 16 around 12 p.m. EDT. Management teams often give guidance or an outlook at investor day events; however, Snap management did not give guidance when quarterly results were reported on January 31.
- Toast (TOST) -
- Benzinga friend and CNBC contributor Josh Brown, on Thursday's edition of CNBC's "Fast Money: Halftime Report," said he had recently purchased shares of Toast.
- DraftKings (DKNG) -
- The company will publish Q4 results on Thursday after market close.
- Expion360 (XPON) -
- A low-float, penny-stock momentum name for Friday. Shares were up more than 50% in pre-market action following news the company was selected by Cube Series as the exclusive supplier of lithium-ion batteries for Cube Series' ultra lightweight foldable camper.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$GOOGL $ROKU $RBLX $ABNB $ULTA
- Alphabet (GOOGL) - A play on potential impacts to Google's search engine performance amid competitor integration of conversational artificial intelligence (AI) platforms. Analysts at Morgan Stanley Thursday morning warned "a deeper than expected AI integration speaks to higher incremental cost risk [for Google], as we see every 10% of searches moving to language models adding about $1.2 billion of operating expenses."
- Roku (ROKU) - The company will report quarterly results on Wednesday after market close. Analysts expect the company to report a loss of $1.72 per share on sales of about $810 million.
- Roblox (RBLX) - Expected to issue its monthly user figures over the next week, likely on Tuesday or Wednesday. Roblox reporting its monthly figures has been a catalyst for price action in the stock for the last year or so.
- Airbnb (ABNB) - Will report quarterly results on Tuesday after market close.
- Ulta Beauty (ULTA) - A top pick by analysts at Oppenheimer. The analysts noted Ulta share's historical weakness following the company's earnings reports -- even when the company beats estimates. Oppenheimer said, "We would be positioned to take advantage of any weakness associated with potentially conservative guidance" following the company's next earnings report, expected during the first full week of March.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$LULU $LYFT $CAR $VLDR $LGHL
- lululemon athletica (LULU) -
- "...a compelling entry point [in lululemon], particularly for intermediate- to longer-term [investors]," according to analysts at Oppenheimer Wednesday morning. To hear more from the analyst call, tune into Benzinga's daily Stocks To Watch podcast on Benzinga's Twitter around market open or on Spotify or Apple after 10 a.m. EST.
- Lyft (LYFT) -
- The company will report quarterly results on Thursday after market close. Shares were up about 3% Wednesday morning following better-than-expected Q4 sales out of peer Uber (UBER).
- Avis Budget Group (CAR) -
- Will report Q4 results on Monday after market close. The stock rallied on Tuesday amid solid results out of peer Hertz (HTZ).
- Velodyne Lidar (VLDR) -
- A play on a potential news catalyst upcoming on Friday: the company will hold its annual shareholder meeting in order to vote on the merger of Ouster (OUST).
- Lion Group Holding (LGHL) -
- A play on conversational artificial intelligence. Shares of this penny stock were up 10% Wednesday morning following news from the company it will consider integrating conversational AI into its platform.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$DIS, $AMC, $TSVT, $VRAR, $GNS
- Disney (DIS) -
- Will report quarterly results Wednesday after market close. Analysts at Morgan Stanley remained bullish on Disney ahead of the earnings print. The analysts said they are optimistic on the company's Parks segment, "which represents the majority of its earnings."
- AMC Entertainment (AMC) -
- Shares rallied more than 12% Monday as, according to Benzinga technician Melanie Schaffer, the stock price confirmed a new uptrend on Friday.
- Check out Melanie's article here to find out AMC's next resistance levels. Additionally, AMC announced it would start charging different prices for different seats in its theatres, but it seems unlikely the news item would drive shares sharply higher.
- 2seventy Bio (TSVT) -
- A play on an upcoming FDA date. The company is expected to issue results from a Phase 3 trial for its multiple myeloma drug candidate on Friday.
- The Glimpse Group (VRAR) -
- The stock was up 7% Tuesday morning following news the company will integrate conversational artificial intelligence into its platform with ChatGPT.
- Shares of nano-cap, penny-stock Secoo (SECO) rallied 120% on Monday amid a similar news item. Secoo shares saw profit taking Tuesday morning, down about 15%.
- Genius Group (GNS) -
- Management of Genius, a recent momentum stock, will host an investor day event on Wednesday of next week.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$WMT, $DELL, $WSM, $NCLH, $DHR
- Walmart (WMT) -
- Analysts at Oppenheimer recommended being "positioned to take advantage of any weakness [in Walmart shares] on the [company's upcoming earnings] print." Walmart will report on Tuesday, February 21, 2023.
- Dell Technologies (DELL) -
- The stock was up nearly 2% Monday morning amid news the company will cut about 5% of its workforce -- around 6,600 jobs.
- Williams-Sonoma (WSM) -
- A play on the luxury home goods space. Peer in the space RH (RH) lowered its 2023 guidance Friday afternoon. While RH shares were down about 5% on the news, Williams-Sonoma shares were down about a percent and a half.
- Norwegian Cruise Line Holdings (NCLH) -
- A play on upcoming earnings in the cruise space. Royal Caribbean (RCL) will get the earnings ball kicked off for the cruise names this week on Tuesday.
- Norwegian is expected to report their quarterly results during the last full week of February. Analysts at Credit Suisse Monday morning noted they prefer Royal Caribbean and Carnival (CCL) over the long term but pointed out Norwegian "has materially underperformed peers year to date, has implemented cost reduction actions, and it appears to us management has street/buyside expectations under control..."
- Danaher (DHR) -
- A play on an M&A-related rumor. A Bloomberg report from over the weekend suggested Danaher could be interested in purchasing Catalent (CTLT). Catalent shares were up about 25% on the report.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$ATVI, $CMG, $DIS, $HOOD, $PYPL, $PEP
- Activision Blizzard (ATVI) - Monday, February 6, after market close
- Chipotle Mexican Grill (CMG) - Tuesday, February 7, after market close
- Disney (DIS) - Wednesday, February 8, after market close
- Robinhood (HOOD) - Wednesday, February 8, after market close
- PayPal (PYPL) - Thursday, February 9, after market close
- Pepsi (PEP) - Thursday, February 9, before market open
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$META $DKNG $MTCH, $PENN $GNS
- Meta Platforms (META) -
- Shares were up 20% Thursday morning following better-than-expected quarterly sales and first-quarter guidance which was in line with analysts' estimates. Analysts at Morgan Stanley were impressed with "...a change in culture as the META management team talked extensively about being a structurally more efficient company."
- DraftKings (DKNG) -
- Analysts at Oppenheimer made a bullish call on DraftKings as the stock moved over its 200-day moving average for the first time since September 2021. The analysts see potential upside to a resistance level at $21.
- Match Group (MTCH) -
- The stock fell 5% on Wednesday amid an earnings and sales miss from Match. The company gave first-quarter guidance which was weaker than expected. Tune into Benzinga's Stocks To Watch podcast on Benzinga's Twitter after market open or on Spotify or Apple after 10 a.m. EST to hear how sell-side analysts interpreted the company's results.
- Penn National Gaming (PENN) -
- A play on online sports betting. Shares were down 4% Thursday morning following mixed quarterly results and inline guidance. Following the earnings report, analysts at Needham commented on Penn: "Through its acquisition of Barstool PENN has a differentiated content-driven customer-acquisition strategy..."
- Genius Group (GNS) -
- Shares were potentially being squeezed higher Thursday morning, up about 40%, following news the company approved a $10 per share blockchain-based digital discount coupon as part of prevention measures aimed at illegal trading in its stock.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$MCD $SOFI $TTD $BILL $LICY
- McDonald's (MCD) -
- Shares were down 2% Tuesday morning following better-than-expected quarterly results but a 2023 outlook which suggested the company's margins could be lower than the level reported in Q4 2022.
- Following the results, an analyst at Cowen called McDonald's Q4 a "strong" end to 2022. The analyst was also pleasantly surprised with McDonald's guidance unit growth amid higher capital expenses.
- SoFi Technologies (SOFI) -
- Analysts at Oppenehimer issued a research note Tuesday morning and said "stick with SoFI and add [shares to a position] on downdrafts [in the stock price]." The stock closed up more than 12% on Monday following strong quarterly results.
- Trade Desk (TTD) -
- A beneficiary following the Department of Justice's lawsuit against Alphabet (GOOGL). Analysts at Needham noted the DoJ's goal is to have Google give up control of its advertising technology. In addition to naming Trade Desk as a beneficiary following the eventual outcome of the suit, Needham analysts also mentioned Innovid Corp. (CTV) and Magnite (MGNI) as potential winners.
- Bill.com (BILL) -
- Analysts at Piper Sandler Tuesday morning said "recessionary headwinds [for Bill.com] might not be as bad as feared."
- Li-Cycle Holdings (LICY) -
- A play on lithium. Analysts at Chardan Research cut their price target on Li-Cycle from $13 to $10 while the firm maintained the equivalent of a buy rating.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
- $APPL $AMZN $COST $EOLS $AUVI Apple (AAPL) -
- Will report quarterly results on Thursday of next week. Apple has historically reported at 4:30 p.m. ET.
- We'll discuss some analyst sentiment ahead of Apple's Q1 earnings report on today's Stocks To Watch podcast. Tune in on Twitter after market open or on Spotify or Apple after 10 a.m. EDT.
- Amazon.com (AMZN) -
- To publish Q4 earnings on Thursday after market close. Analysts expect Amazon to report earnings of $0.19 per share on sales of $127 billion.
- Costco (COST) -
- The company is expected to release its January retail sales data on Wednesday of next week. Since the beginning of January, shares of Costco have rebounded off the $450 level and are now flirting with the $500 level.
- Evolus (EOLS) -
- A play on an upcoming FDA-related news catalyst. The company will host a webcast at 11:30 a.m. EDT on Monday to discuss the results of a Phase 2 trial for the company's Glabellar lines treatment candidate.
- Applied UV (AUVI) -
- Shares were up 40% Friday morning, likely amid a short squeeze. The company issued a press release Friday morning and highlighted news it hired a legal counsel to "investigate potentially illegal naked short selling" in its stock.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$TSLA $BABA $UPS $PFE $JBL
- Tesla (TSLA) -
- Shares were up 8% following better-than-expected quarterly results but deliveries guidance which was weaker than anticipated. To hear some analyst color following the Tesla earnings, tune in to Benzinga's daily Stocks To Watch podcast on Twitter just after market open or on Spotify or Apple after 10 a.m. EDT.
- Alibaba (BABA) -
- A favorite among the Benzinga Pro crowd. Several traders in the Benzinga Pro lounge chat discussed options positions in the issue Thursday morning.
- United Postal Service (UPS) -
- Will report Q4 earnings on Tuesday before market open. Analysts expect earnings of $3.61 per share on sales of about $28 billion.
- Pfizer (PFE) -
- Will publish quarterly results on Tuesday before market open.
- Jabil (JBL) -
- The company will host its annual meeting of shareholders Thursday morning. Annual shareholder meetings are generally not market moving events.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
- $TSLA $MCD, $SNAP $SHOP $TCBPTesla (TSLA) - The company will report quarterly earnings after market close Wednesday. Ahead of the report, Morgan Stanley named Tesla its top pick in the US automobile space. The firm said it likes Tesla's "profitability, free cash flow generation, strong balance sheet and an ability to use its scale and cost leadership to drive competitive advantage."
- McDonald's (MCD) - Will report quarterly results on Tuesday before market open.
- Snap (SNAP) - To publish Q4 earnings on Tuesday after market close.
- Shopify (SHOP) - Shares rebounded from below a notable technical level at $42 to push over resistance around $44. The stock was up 6% Wednesday morning. While the Benzinga Pro newsdesk did not see any formal news to justify the move in Shopify shares, traders on social media circulated a blog post which suggested Shopify may have risen prices for some of its services. This article may be the one traders are referencing but this information still seems to be unconfirmed.
- TC BioPharm (TCBP) - The stock saw some interesting price action around certain prices this week. To hear some technical analysis related to TC BioPharm Wednesday, tune into Benzinga's daily Stocks To Watch podcast after market open on Twitter or on Spotify or Apple after 10 a.m. EDT.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$AMD $TGT $T $ALB $GNS
- Advanced Micro Devices (AMD) -
- The company will report quarterly results on Tuesday of next week. AMD has historically reported between 4:05 p.m. and 4:15 p.m. ET.
- Target (TGT) -
- A play on a new bullish recommendation by analysts at Oppenheimer. Over the long term, Oppenheimer believes Target "is well positioned to continue capturing share, driven by digital efforts, store investments, merchandising success on the exclusive brand front, competitor liquidations over time, and partnerships with other brands/retailers."
- AT&T (T) -
- A play on earnings out of the telecom space. AT&T will report quarterly results Wednesday morning. Peer in the space Verizon (VZ) reported inline quarterly earnings and gave lighter-than-expected guidance Tuesday morning. Verizon shares were down about 2% following the report.
- Albemarle (ALB) -
- A play on a lithium miner. The company gave better-than-expected guidance Monday afternoon and will host a strategy webcast at 9 a.m. EDT Tuesday. To tune into the webcast, visit Albemarle's investor relations page.
- Genius Group (GNS) -
- A penny stock momentum play. Shares were squeezed higher Monday as traders and investors circulated news highlighted in a Benzinga article "Illegal Short-Selling Scheme Puts Genius Group In David Vs. Goliath Fight." Genius CEO Roger James Hamilton appeared on Benzinga's YouTube channel Monday and noted company management is not planning to do an offering amid a sharp rise in the stock price.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$PANW $DHI $VRA $LUV $W
- Palo Alto Networks (PANW) -
- Analysts at Morgan Stanley were out Monday morning once again pounding the table on Palo Alto shares.
- The firm highlighted Palo Alto as a top pick for 2023 as recently as two Fridays ago; analysts were back at it to start this week with a note which described the stock as "an exceptional opportunity."
- To hear more from the Morgan Stanley call, tune into Benzinga's Stocks To Watch podcast on Twitter after market open or on Spotify or Apple after 10 a.m. EDT.
- DR Horton (DHI) -
- A play on the homebuilding space. DR Horton will report quarterly results on Tuesday before market open.
- Vera Bradley (VRA) -
- A play on bullish analyst sentiment by Small Cap Consumer Research's Eric Beder.
- The analyst said "Vera Bradley remains an emerging turnaround play" heading into Valentine's Day in February and the spring in March.
- Southwest Airlines (LUV) -
- A play on earnings out of the airline space. Southwest shares have been the underperformer in the airline space, down about 15% over the last year.
- Shares of peers Delta Airlines (DAL) and United Airlines (UAL) were up nearly 20% and about 3%, respectively, over the last year.
- Wayfair (W) -
- Sell-side analysts were more favorable on Wayfair Monday morning following news of a workforce reduction and guidance from the company Friday.
- While analysts at JP Morgan and Wedbush upgraded the stock to the equivalent of a buy rating, an analyst at Oppenheimer said "chances of a worst-case scenario [for Wayfair have] now lessened."
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
INTC, BA, IBM, GE, FCX, CVX, FFIV, LVS"Earnings Season Is Upon Us" Edition
The following companies will be reporting quarterly results over the next week or so:
- Intel (INTC) - Thursday, January 26 after market close
- Boeing (BA) - Wednesday, January 25 before market open
- International Business Machines (IBM) - Wednesday, January 25 before market open
- General Electric (GE) - Tuesday, January 24 before market open
- Freeport-McMoRan (FCX) - Wednesday, January 25 before market open
- Chevron (CVX) - Friday, January 27 before market open
- F5 Networks (FFIV) - Tuesday, January 24 before market open
- Las Vegas Sands (LVS) - Wednesday, January 25 after market close
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$TSLA, $AAL, $UBER, $CHGG, $GENI
- Tesla (TSLA) -
- The company will report quarterly results on Wednesday of next week. Analysts expect earnings of $1.18 per share on sales of about $25 billion.
- American Airlines (AAL) -
- The next airline company to report quarterly results. American Air will report on Thursday of next week. Results in the space have been mixed so far: Delta Air (DAL) reported better-than-expected quarterly results but gave guidance that was weak; United Air (UAL) gave some strong guidance.
- Uber Technologies (UBER) -
- Shares of Uber were unaffected Wednesday morning following news China will launch a state-owned ride-hailing service. This news should not affect Uber shares as Uber pulled out of China in 2016.
- Chegg (CHGG) -
- A play on the online education space. Shares were downgraded to Hold by analysts at Needham Wednesday morning. The firm cited management's long-term initiatives which will likely limit near-term upside in the stock.
- Genius Sports (GENI) -
- A play on a favorite pick by analysts at Oppenheimer. The company is a provider of data and services for the sports and sports betting spaces.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$MSFT $FDX $IBKR $MANU $BTCM
- Microsoft (MSFT) -
- Shares were downgraded to Sell by analysts at Guggenheim Tuesday morning. The downgrade came ahead of Microsoft's Q2 earnings report on Tuesday of next week.
- FedEx (FDX) -
- A play on a "hard landing and soft recovery in logistics," according to analysts at Morgan Stanley Tuesday morning. The analysts downgraded shares of Cognex (CGNX) amid concerns of "organic declines in [logistics space during] 2023 without a significant logistics snap back in 2024."
- Interactive Brokers (IBKR) -
- A play on an investing/trading platform. Analysts at UBS, commenting on Morgan Stanley (MS) following the bank's quarterly results Tuesday morning, noted trading was "weaker than anticipated" at Morgan Stanley.
- Manchester United (MANU) -
- A play on an overlooked rumor from Friday morning. Towards the end of November 2022, Manchester United announced it would explore strategic alternatives including a possible sale.
- On Friday of last week, a report from the UK's Telegraph suggested takeover bids for Manchester United were "imminent." Despite the report, Manchester United shares closed up only 0.9% to end last week.
- BIT Mining (BTCM) -
- Bitcoin and crypto-mining stocks were getting attention Friday morning following bitcoin prices which moved over the $20,000 level for the first time since early November. Shares of BIT Mining were up about 20% on the bitcoin price action.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$AAPL $NFLX $WEN $PANW $APRN
- Apple (AAPL) -
- One of the best ways to play declining consumer sentiment over the last few months. Analysts at Rosenblatt, in a research note Friday morning, highlighted survey results which showed less consumers expect to buy the new higher-end iPhone upon release.
- Rosenblatt reduced estimates on Apple amid the downtick in this spending sentiment.
- Netflix (NFLX) -
- The company will report quarterly results on Thursday of next week.
- Netflix has historically reported right after the closing bell, around 4:01 p.m. ET.
- Wendy's (WEN) -
- A dividend play. Wendy's doubled its quarterly dividend Friday morning, from $0.25 to $0.50 per share.
- The company also announced a $500 million buyback plan.
- Palo Alto Networks (PANW) -
- A top pick in the cybersecurity space by analysts at Morgan Stanley. While Morgan Stanley is cautious on the security space near term, the firm's analysts "believe Palo Alto's positioning as next-gen platform consolidator is stronger than it's ever been..."
- Blue Apron (APRN) -
- A play on a high short interest penny stock which moved over the $1 level as of Friday morning.
- The Benzinga Pro newsdesk team did not identify news to justify the move higher. According to the Benzinga Pro Details tool, short interest in Blue Apron neared 30%.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
DAL PFE C RBLX MNST
- Delta Airlines (DAL) -
- The fourth-quarter earnings season is on the cusp of kicking off! Delta will be the first airline to report quarterly results on Friday morning.
- United Airlines (UAL) will follow on Tuesday of next week; American Airlines (AAL) will report on Thursday of next week.
- Pfizer (PFE) -
- A play on the company's oral diabetes treatment which is currently in a Phase 2 trial.
- Shares of competitor in the diabetes space, Oramed Pharma (ORMP), were down about 70% after the company's Phase 3 trial for its Type-2 diabetes treatment failed to meet its primary endpoint.
- Citigroup (C) -
- The U.S.'s big banks will begin reporting quarterly results on Friday of this week.
- JP Morgan (JPM), Bank of America (BAC) and Wells Fargo (WFC) will also report quarterly results on Friday.
- Roblox (RBLX) -
- A play on an upcoming news catalyst. Roblox is expected to report its monthly users data within the next several business days.
- Roblox has historically reported this user data around the 15th of each month.
- Monster Beverage (MNST) -
- The company will host an investor meeting/business update on Tuesday of next week. The webcast will begin at 4:30 p.m. EDT.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
GOOG CHWY ISRG BCLI BWEN
- Alphabet (GOOGL) -
- A play on potential competition from new chat bots, like ChatGPT and OpenAI. Analysts at Morgan Stanley Wednesday morning issued a research note which questioned possible negative impacts on Google searches from new artificial intelligence/natural language queries.
- The analysts suggested that every 10% of Google Search queries migrated toward AI/natural language queries could be a 150 basis point drag on the company's 2025 operating margins.
- Chewy (CHWY) -
- A top pick for 2023 by analysts at Needham. The firm's $55 price target represented potential upside of about 36% from where shares of Chewy traded as of Wednesday morning.
- Intuitive Surgical (ISRG) -
- A play on robotics for surgery. Execs at the company will present at the top healthcare conference Wednesday, the JP Morgan Healthcare conference. Execs presenting at this conference will often times gives material updates about company operations which could move stocks.
- BrainStorm Cell Therapeutics (BCLI) -
- A play on an FDA date Wednesday. The company has an FDA Type-A meeting planned for today following BrainStorm's previous Phase 3 trial for its amytrophic lateral sclerosis (ALS) candidate which failed to meet the primary endpoint.
- Broadwind Energy (BWEN) -
- A play on wind power. One of Wednesday's momentum names. Shares were up more than 50% following news of $175 million in new orders for wind-power towers from a turbine manufacturer.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
INTC CVS NCLH LULU AMLI
- Intel (INTC) -
- A play on a potential bottoming in the semiconductor industry during the first half of 2023. Analysts at Wells Fargo Tuesday morning suggested the downturn in the industry is likely to deepen for the near term but start recovering during the second half of 2023.
- CVS Health (CVS) -
- A report Monday suggested CVS could be interested in acquiring Oak Street Health (OSH). Shares of Oak Street were up about 33% on the report.
- Norwegian Cruise Line (NCLH) -
- A play on a continued unfavorable outlook for the cruise industry. Analysts at Morgan Stanley Tuesday morning downgraded shares of Norwegian Cruise to the firm's equivalent of a sell rating.
- lululemon athletica (LULU) -
- Analysts at Raymond James Tuesday morning added shares of lululemon to the firm's favorite picks list. The analysts said lululemon's "...pre-announcement-driven sell-off as an opportunity to own one of the highest quality companies among global brands."
- American Lithium (AMLI) -
- A play on a new Canada-based lithium company. Shares were uplisted from the OTC exchange as of Tuesday morning.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
GS STLA TLRY MAT CVAC
- Goldman Sachs (GS) -
- A Bloomberg report indicated that the company planned to cut about 3,200 jobs this week, with "more than a third of those will likely be from within its core trading and banking units". The company's share price was relatively flat Monday pre-market.
- Stellantis (STLA) -
- The automotive giant saw a slow but steady upward trend last week, gaining about 5%, but is up almost 30% in the past 3 months after almost hitting a 52 week low in October.
- Tilray (TLRY) -
- The company is releasing its Q2 earnings on Monday pre-market - at time of writing, during ongoing call, revenue and EPS were both below expected estimates.
- Mattel (MAT) -
- Years after losing its licensing contract with The Walt Disney Company to rival Hasbro, the toy company is back releasing a line of Disney Princess and Frozen dolls and playsets after regaining the license in 2022.
- CureVac (CVAC) -
- A momentum play on news the company reported that it had positive interim Phase 1 data for its mRNA-based COVID-19 and flu vaccine candidates that it was co-developing with pharmaceutical giant GlaxoSmithKline. Shares were up about 25% pre-market Monday, clocking about a 64% gain on the week.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
BBBY JNJ AMZN SI HKD
- Bed Bath & Beyond (BBBY) -
- The company's shares were down about 12% pre-market on Friday morning following announcements that it might face bankruptcy or even going out of business. "While the Company continues to pursue actions and steps to improve its cash position and mitigate any potential liquidity shortfall, based on recurring losses and negative cash flow from operations for the nine months ended November 26, 2022, as well as current cash and liquidity projections, the Company has concluded that there is substantial doubt about the Company's ability to continue as a going concern," Bed Bath & Beyond said.
- Johnson & Johnson (JNJ) -
- The consumer packaged goods and products of the company are planned to be spun off into a separate, publicly-traded company, Kenvue (KVUE) — Johnson & Johnson filed its initial public offering on Wednesday for the spinoff company that will include well-known brands such as Listerine and Johnson's Baby Shampoo.
- Amazon (AMZN) -
- The company reported plans to lay off more than 18,000 workers in what would be one of the biggest tech layoffs in a long time. A report from the Wall Street Journal indicated that most of the layoffs would come from Amazon's corporate staff.
- Silvergate (SI) -
- Shares experienced a massive drop in price on Thursday morning, and fell again Friday morning pre-market of this financial infrastructure bank with exposure to the collapse of cryptocurrency platform FTX.
- AMTD Digital (HKD) -
- A momentum play on one of the biggest movers of the week, with no known news — on Wednesday the stock was hovering around the $9.80 mark, but shot up to a high of over $35 on Thursday. Friday pre-market share price was all the way up to $52 momentarily.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
GE ROKU AAPL COIN TSLA
- General Electric (GE) -
- General Electric completed the spinoff of GE HealthCare (GEHC) and shares began trading on Wednesday morning. The American multinational giant also plans to spin off two more business lines into their own companies with publicly traded shares as well. GE Aerospace and GE Vernova are set to also be separate public companies, dealing with GE's current aviation and energy businesses respectively.
- Roku (ROKU) -
- The company announced on Wednesday that it would be beginning the development of its own line of television sets to add to its existing dongles, software, and streaming technologies.
- Apple (AAPL) -
- Wedbush lowered its price target for Apple from $200 to $175 on Wednesday.
- The stock "remains our favorite tech name" according to Wedbush analysts, but the lowered price target is meant to reflect "a more base case valuation in this uncertain environment as some demand headwinds starts to creep into the Cupertino growth story".
- Coinbase (COIN) -
- Shares dropped 7% pre-market on Thursday following a downgrade by investment bank Cowen (COWN) from outperforming the market to performing in line, citing continued problems in cryptocurrency at large due to the collapse of FTX, but also due to concerning consistent decreases in trading volume over time for COIN.
- The company also reached a $100 million settlement with New York regulators on Wednesday around account opening background checks and improving compliance.
- Tesla (TSLA) -
- Shares of the electric car maker experienced one of the biggest price drops in years for the stock on Tuesday.
- Even with a record breaking 1.3 million cars delivered in the last year, the number represented growth of 40%, against a 50% target that the company had set. However, shares made back some losses on Wednesday.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
JBLU, CVNA, TTC, PLAY, JAMF
- JetBlue Airways (JBLU) -
- Shares were largely unaffected Friday morning following news the company won a $1.5 billion contract with the US Department of Defense.
- A user in Benzinga Pro's lounge chat asked why the stock wasn't moving on the news. For whatever reason, US government contracts as a news catalyst rarely move stocks.
- Carvana (CVNA) -
- A stock with one of the highest short interests right now. Benzinga Pro's Details tool showed nearly 70% of Carvana's float was sold short.
- The Toro Company (TTC) -
- A play on a new bullish rating by analysts at Raymond James. The stock was upgraded to the equivalent of a buy rating Friday morning. The analysts cited the fact "Toro enjoys a massive (and still-rising) backlog of high-margin orders in its Pro segment..."
- Dave & Buster's Entertainment (PLAY) -
- An SEC filing from late Wednesday evening showed private-equity firm Hill Path purchased another 535,000 shares in Dave & Buster's. The purchase adds on to a 660,000 share purchase by Hill Path last week. The private-equity firm now holds about 6.5 million shares and has equity swap rights for another 2.4 million shares, totaling over 18% of Dave & Buster's total shares.
- Jamf Holding (JAMF) -
- Analysts at Needham discussed Jamf shares Friday morning. The analysts called the company's level of production differentiation in Apple devices "under appreciated." The firm maintained the equivalent of a buy rating on the stock.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$UPS $SKX $NBTB $DASH $LASE
- United Parcel Service (UPS) -
- A sympathy play following better-than-expected earnings out of FedEx (FDX). Analysts on FedEx noted "soft" volume, "firm" pricing and a meaningful focus on cost-cutting initiatives.
- Skechers USA (SKX) -
- Analysts at Raymond James remained bullish on Skechers shares Wednesday morning following a recent meeting with the company's CFO.
- The analysts were favorable amid Skechers increased shelf space gains at wholesalers and also management's focus on lowering inventory levels through international distribution.
- NBT Bancorp (NBTB) -
- A way to gain exposure to US semiconductor chip manufacturing through a community bank.
- NBT's branches are located in New England, with its headquarters in northern New York, where chip foundries are starting to be constructed.
- DoorDash (DASH) -
- A play on a bullish call by an analyst at JMP Securities. In a research report Wednesday morning, the firm reiterated a Market Outperform rating and $100 price target.
- The target represented about 100% potential upside from where DoorDash shares traded.
- Laser Photonics (LASE) -
- One of Wednesday morning's big winners. Shares were up about 20% following news the company won a contract with the largest glass manufacturer in North America.
- The issue is in low-float territory, with about 8 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$TSLA $NVDA $AMC $HD $BLUE
- Tesla (TSLA) -
- Elon Musk tweeted Sunday afternoon to ask Twitter users if he should resign as head of Twitter.
- Musk said he would abide by the results of the poll. As of Monday morning, almost 58% of respondents said Musk should indeed resign.
- NVIDIA (NVDA) -
- Analysts at research shop Needham named NVIDIA their top pick in the chip space for 2023.
- Needham highlighted a belief NVIDIA will capitalize on the transition to artificial intelligence (AI) work loads.
- AMC Entertainment (AMC) -
- Shares were down 1% Monday morning following an update from the company about a recent preferred equity units offering.
- AMC said it raised about $150 million via the units over its fourth quarter.
- Home Depot (HD) -
- Retail analyst Seth Basham of Wedbush will interview on Benzinga's "Stock Market Movers" YouTube show at 1:45 p.m. EST on Thursday of this week.
- Basham covers Home Depot, Lowe's (LOW), Advance Auto Parts (AAP), RH (RH) and about 20 other retail companies.
- bluebid bio (BLUE) -
- A play on favorable news in the biotech space. bluebird announced Monday morning the FDA lifted a clinical hold on studies for its sickle cell disease candidate.
- An analyst at research shop SVB Securities commented on bluebird following the news and noted the lifting of the clinical hold was expected and bluebird has balance sheet concerns.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$TSLA $NVDA $AMC $HD $BLUE
- Tesla (TSLA) -
- Elon Musk tweeted Sunday afternoon to ask Twitter users if he should resign as head of Twitter.
- Musk said he would abide by the results of the poll. As of Monday morning, almost 58% of respondents said Musk should indeed resign.
- NVIDIA (NVDA) -
- Analysts at research shop Needham named NVIDIA their top pick in the chip space for 2023.
- Needham highlighted a belief NVIDIA will capitalize on the transition to artificial intelligence (AI) work loads.
- AMC Entertainment (AMC) -
- Shares were down 1% Monday morning following an update from the company about a recent preferred equity units offering.
- AMC said it raised about $150 million via the units over its fourth quarter.
- Home Depot (HD) -
- Retail analyst Seth Basham of Wedbush will interview on Benzinga's "Stock Market Movers" YouTube show at 1:45 p.m. EST on Thursday of this week.
- Basham covers Home Depot, Lowe's (LOW), Advance Auto Parts (AAP), RH (RH) and about 20 other retail companies.
- bluebid bio (BLUE) -
- A play on favorable news in the biotech space. bluebird announced Monday morning the FDA lifted a clinical hold on studies for its sickle cell disease candidate.
- An analyst at research shop SVB Securities commented on bluebird following the news and noted the lifting of the clinical hold was expected and bluebird has balance sheet concerns.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
META, GSAT, EA, X, FL
- Meta Platforms (META) -
- Analysts at JP Morgan upgraded shares of Meta to the equivalent of a buy rating Friday morning. The analysts cited "encouraging signs of increasing cost discipline."
- Globalstar (GSAT) -
- A play on the satellite space. News in the space Friday morning showed Maxar Technologies (MAXR) will be bought out in a $4 billion deal. Maxar shares were up more than 100% on the news.
- Electronic Arts (EA) -
- A play on the video game space. Leader in the metaverse-style gaming space, Roblox (RBLX), published worse than expected November results on Thursday morning.
- Video game analysts Friday morning noted "rising engagement concerns" for Roblox. Traders Friday morning may have speculated about potential spillover from engagement concerns into the broader video game space.
- US Steel (X) -
- A sympathy play following news Steel Dynamics (STLD) posted better-than-expected fourth-quarter earnings per share guidance.
- The steel pair trade is one of the most classic sympathy plays; steel stocks are very correlated with each other.
- Foot Locker (FL) -
- A peer play ahead of upcoming earnings out of NIKE (NKE) next week.
- Foot Locker shares have been known to move with NIKE shares given their proximity within the sports apparel space.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$TSLA $RBLX $MU $VZ $HOUR
- Tesla (TSLA) -
- "The Twitter Effect" impacted Tesla shares Thursday morning.
- Shares of Tesla underperformed the S&P 500 by about 1.5% following news Elon Musk sold about 22 million shares. Publications around Wall Street suggested Musk sold shares in order to finance dramatic changes at Twitter.
- Roblox (RBLX) -
- The stock was down more than 9% following worse-than-expected November sales figures.
- The company said daily active users (DAUs) during November totaled 56.7 million, up about 15% on a year-over-year basis.
- Micron (MU) -
- One of the most important names in the memory chip space.
- Micron will report quarterly results on Wednesday of next week. Shares of peers in the space, Western Digital (WDC) and Seagate (STX), will likely move in tandem with Micron following its earnings report.
- Verizon (VZ) - A play on a new bullish rating by analysts at Morgan Stanley. The firm upgraded shares of Verizon to the equivalent of a buy rating and downgraded shares of AT&T (T) to the equivalent of a hold rating.
- Hour Loop (HOUR) -
- A play on an online wholesaler operating on Amazon (AMZN).
- Research shop EF Hutton was favorable on Hour Loop shares Thursday morning; the firm has a Buy rating and $5 price target on the $3 stock. Tune into Benzinga's daily Stocks To Watch podcast later Thursday morning to hear more details of the EF Hutton call on Hour Loop.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
- JP Morgan (JPM) -
- A report going around Wall Street late Monday suggested JP Morgan's trading desk said the S&P could rally up to 10% following a "soft" Consumer Price Index (CPI) reading. The data did indeed come in softer than expected Tuesday morning: the core CPI reading which excludes the volatile food and energy groups showed price growth of 6% on a year-over-year basis. Economists had been expecting a 6.1% year-over-year growth rate.
- NIKE (NKE) -
- A play on some favorable analyst commentary. Analysts at Morgan Stanley Tuesday morning cited "stronger-than-expected topline results from most global brands" as potentially being optimistic for NIKE. To hear more about this analyst call, tune into Benzinga's daily Stocks To Watch podcast around 9:30 a.m. EST on Benzinga's Twitter or after 10 a.m. on Spotify or Apple Podcast.
- SoFi Technologies (SOFI) -
- Shares touched new 52-week lows last week. To start this week, shares broke above a notable level at $4.50. The stock was up more than 5% Tuesday morning following the move over the $4.50 level.
- Adobe (ADBE) -
- A play on one of the world's most recognizable software companies. Adobe will report quarterly results on Thursday after market close.
- Trade Desk (TTD) -
- Analysts at Citigroup began coverage of Trade Desk with a Buy rating and $60 price target Tuesday morning. The new target represented potential upside of about 13% from where shares traded Tuesday morning.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
- Microsoft (MSFT) -
- The company purchased a 4% stake in the London Stock Exchange over the weekend.
- A nearly $3 billion deal, Microsoft and the LSE also formed a 10-year partnership for Microsoft's Cloud segment to build data infrastructure for the LSE.
- Disney (DIS) -
- A play on favorable commentary by analysts at Morgan Stanley. The firm said Bob Iger's return "offers the opportunity to reorganize Disney's Media businesses to prioritize driving overall Disney consolidated earnings growth."
- The Morgan Stanley analysts were also optimistic on Disney's Parks segment.
- Amgen (AMGN) -
- Shares were down about 2% in pre-market action following news of a nearly $30 billion deal by Amgen to buy Horizon Therapeutics (HZNP).
- Horizon shares were up about 15% on the news.
- Lilium (LILM) -
- A play on the electric vehicle take off and landing jet space. Analysts at Raymond James Monday morning were optimistic on the niche Lilium occupies but noted the company still has some uncertainties about its cash position.
- Adamas One (JEWL) -
- An initial public offering (IPO) from Friday. After the stock priced at $4.55 per share on Friday, shares traded over $5 Monday morning.
- The company is a producer of high-quality lab-grown diamonds. The issue is a low-float name with about 7 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
ATVI BBY RIDE BB MRIN
- Activision Blizzard (ATVI) -
- The Federal Trade Commission (FTC) voted to block Microsoft's (MSFT) deal for Activision Blizzard Thursday afternoon.
- The deal will be in limbo for quite some time: the FTC set an August 2023 hearing date to discuss the blocking of the deal. Despite the FTC vote against the deal, Activision Blizzard CEO, Bobby Cotick, sent an email to Activision Blizzard employees which expressed conviction the deal with Microsoft will get done.
- Best Buy (BBY) -
- A dividend play. Friday is the last day investors can own the stock before the pay out of an $0.88 per share dividend. The dividend yield (the amount of the dividend against the price of one share of Best Buy) will be more than 4% -- a pretty nice dividend payment for a retailer.
- Lordstown Motors (RIDE) -
- A sympathy play following a warning out of peer Workhorse (WKHS). Workhorse cut its 2022 sales guidance from a range of $15 million to $25 million previously to a new range of $5 million to $15 million.
- BlackBerry (BB) -
- A play on upcoming earnings from a so-called meme stock. BlackBerry will report quarterly results on Thursday of next week.
- Marin Software (MRIN) -
- One of Friday morning's biggest winners. This provider of cloud-based digital ad management software won a partnership with Walmart's (WMT) Connect service. Shares of Marin were up about 35% on the news.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$LEN $DXCM $DINO $TXRH $EXPR
- Lennar (LEN) -
- One of the US's largest homebuilders. The company will report quarterly results on Wednesday of next week.
- DexCom (DXCM) -
- Shares were up 6% Thursday morning following news the company's continuous glucose monitoring system won FDA clearance. The monitoring system was described as "the most accurate" device of its kind.
- HF Sinclair (DINO) -
- An integrated petroleum refiner. Notable investor and Benzinga friend, Marc Chaikin, appearing on Benzinga's "PreMarket Prep" morning show, said he loves HF Sinclair as an energy play.
- Texas Roadhouse (TXRH) -
- A play on bullish analyst sentiment by Wedbush's Nick Setyan. Nick will interview on Benzinga's "Stock Market Movers" YouTube show Monday at 1:15 p.m. EST.
- Nick also covers restaurant stocks like Cheesecake Factory (CAKE) and Jack In The Box (JACK).
- Express (EXPR) -
- A sometimes-forgotten meme stock. Shares were up more than 60% Thursday morning following news private-equity firm WHP will invest about $25 million in the company to buy about 5 million shares of the company.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
$BABA, $AMC, $NXST, $PLAY, $AERC
- Alibaba (BABA) -
- A play on China's version of Amazon (AMZN). US-traded China-based stocks rallied over the last week following the paring back of some COVID restrictions in China.
- Chatters in Benzinga Pro's lounge chat expressed their expectation for Alibaba shares to pullback next week following this week's rally. One chatter noted the $91.50 resistance level in Alibaba shares was a "tough" technical level for the stock to get over.
- AMC Entertainment (AMC) -
- A top-3 meme stock. Peer in the meme stock space, GameStop (GME), will report quarterly results after the close Wednesday.
- Shares of AMC and GameStop remain correlated given interest in the names by retail investors.
- Nexstar Media (NXST) -
- A play on the TV cable network space. Peer in the space, Paramount (PARA), gave a warning on its Q4 advertising sales on Tuesday.
- Shares of Paramount fell 7% on the news Tuesday.
- Dave & Buster's Entertainment (PLAY) -
- Analysts at Raymond James called Dave & Buster's shares "undervalued" Wednesday morning following the company's better-than-expected quarterly sales Tuesday afternoon. Despite what Raymond James described as a "strong" third quarter, shares of Dave & Buster's sold off about 3% on Tuesday.
- AeroClean Technologies (AERC) -
- A play on FDA clearance of the company's air purifier to include an indication to remove the SARS-CoV-2 virus from environments. Shares were up about 5% on the news Wednesday morning.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
$AAPL $SPOT $TOL $DECK $TOPS
- Apple (AAPL) -
- A report Thursday suggested Apple changed the name of its virtual and augmented reality software from "realityOS" to "xrOS." The new name stands for "extended reality," implying Apple's headset will encompass both virtual and augmented reality applications.
- Apple is expected to launch it's extended reality headset sometime in 2023 and is being positioned as a competitor to Meta Platforms' (META) virtual reality endeavors.
- Spotify (SPOT) -
- Spotify users are getting excited as the company has unveiled this year's Wrapped event, a feature which highlights listeners favorite artists and tracks of the year. While the event garners major viral attention around the web every year, Spotify shares don't necessarily see an impact from the increased publicity.
- Toll Brothers (TOL) -
- A play on the housing space. This homebuilder will report quarterly results on Tuesday of next week.
- Deckers Outdoor (DECK) -
- The maker of UGG boots. Analysts have been very favorable on Deckers over the last few months.
- One of those bullish analysts, Wedbush's Tom Nikic, will interview on Benzinga's "Stock Market Movers" YouTube show Tuesday of next week.
- The interview will take place at 1:15 p.m. EST. Tom covers apparel and e commerce as well as the footwear space.
- TOP Ships (TOPS) -
- A play on the overseas shipping space and Friday morning's biggest gainer.
- Shares were up 50% in pre-market action, adding on to a 20% gain Thursday.
- The Benzinga Pro newsdesk team did not see news to justify the recent move higher in this low-float name. The issue has about 3.5 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
$COST, $YUM, $BOX, $LI, $FIVE
- Costco (COST) -
- The company reported mostly inline comparable-store sales for the month of November Wednesday evening.
- An analyst at Raymond James reviewed the sales figures Thursday morning and noted an expectation for Costco to continue gaining market share amid a favorable "product mix, clean balance sheet and sticky customer base."
- Yum! Brands (YUM) -
- A play on a likely upcoming acquisition for one of the company's brands, Taco Bell.
- At a JP Morgan conference Wednesday, Taco Bell CFO said management is keeping its eyes open and "always scanning categories" for a potential purchase. The exec specifically named the middle-eastern food space as "interesting."
- Box (BOX) -
- A play on the software space.
- Shares were down about 2% Thursday morning following mixed quarterly results and soft guidance out of Box. Reviewing the results, a sell-side analyst noted Box is "a few years ahead" of other software companies in their focus on profitability.
- Li Auto (LI) -
- A play on a Chinese electric vehicle manufacturer. While peer in the space, XPeng (XPEV), reported mixed quarterly results Wednesday morning, shares rallied nearly 50%. Li will report quarterly results on Friday of next week.
- Five Below (FIVE) -
- A play on the dollar-store space.
- Shares were up 9% Thursday morning following better-than-expected quarterly results but guidance which missed analyst estimates. Competitor in the space, Dollar General (DG), reported worse-than-expected earnings Thursday morning.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Automatic Data Processing (ADP) -
- A play on the jobs market. ADP is one of only several non-governmental payroll providers.
- As such, economists and traders often use payroll data coming out of the company as an indication of the jobs market.
- On Wednesday morning, ADP released lower-than-expected growth in private-sector jobs for the month of November.
- Amgen (AMGN) -
- Shares of Horizon Therapeutics (HZNP) were up about 30% Wednesday morning following news the company is engaged in "highly preliminary" discussions related to a potential offer. Amgen, Sanofi (SNY) and Johnson & Johnson's (JNJ) Janssen were named as potential suitors involved in the discussions.
- Sociedad Quimica Y Minera (SQM) -
- A play on lithium. Traders in Benzinga Pro's lounge chat discussed the stock Wednesday morning. Several traders suggested they had or would be putting SQM on their lithium watch lists.
- Beyond Meat (BYND) -
- In the plant-based food space Wednesday, Beyond Meat competitor and penny stock, Very Good Food (VGFC), announced a retail distribution deal with national grocer brand Albertsons. While Very Good Food shares were up 30% on the news, Beyond Meat shares were unaffected.
- Marathon Digital (MARA) -
- A classic play on crypto. On Thursday, Benzinga will interview the Chief Strategy Officer of crypto exchange Binance. The interview will be hosted on Benzinga's YouTube at 1:15 p.m. EST.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
STOCKS TO WATCH
$DIS $BA $MRVL $CTLT $ONCS
- Disney (DIS) -
- Returned Disney CEO Bob Iger held his first company meeting on Monday.
- The esteemed exec said a Disney hiring freeze would stay in place. He also said management will focus on cost efficiencies and the company's streaming business.
- Boeing (BA) -
- A Morgan Stanley analyst Tuesday morning was favorable on Boeing and said "...even though Boeing has a lot of work to do...the worst is behind the company..." Morgan Stanley maintained the equivalent of a buy recommendation on Boeing shares.
- Marvell Technology (MRVL) -
- A play on an upcoming earnings report for a semi company. Marvell will report quarterly results on Thursday.
- An analyst at research shop Rosenblatt Tuesday morning called Marvell a top semiconductor company in the world.
- Catalent (CTLT) -
- Shares were up about 13% on Monday following a rumor the company had warnings for two of its facilities cleared by the FDA.
- As of Tuesday morning, neither the company or FDA had confirmed the report.
- OncoSec Medical (ONCS) -
- A recent momentum stock. After the stock fell more than 20% and marked a new 52-week low on Monday around $2.55, shares rebounded Tuesday morning.
- The stock was up 18% in pre-market action on seemingly no news. The issue is a low-float name with around 1 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Snowflake (SNOW) - Will report quarterly results after market close on Wednesday. Analysts expect earnings of $0.04 per share.
- Coinbase (COIN) - A play on bitcoin prices down more than 20% over the last month. Traders in Benzinga Pro's lounge chat discussed an article which highlighted "Another $2B worth of Bitcoin withdrawn from Coinbase over weekend."
- Williams-Sonoma (WSM) - Shares were downgraded to the equivalent of a sell rating by analysts at Morgan Stanley Monday morning.
- Talkspace (TALK) - This penny stock was up about 30% following a report from Israeli paper Calcalist which suggested the company is in talks to be purchased by American Well.
- Taboola (TBLA) - Monday morning's biggest winner. Shares were up more than 60% following news of a long-term contract with Yahoo!
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
$CRWD $BURL $ULTA $HIBB $GSUN
- CrowdStrike (CRWD) -
- A play on the software space. Many software companies will be reporting their quarterly results next week.
- CrowdStrike will be reporting on Tuesday afternoon.
- Burlington Stores (BURL) -
- One of Tuesday's biggest winners despite a Q3 miss and guidance which was inline with analyst estimates.
- An analyst at Morgan Stanley Wednesday morning said "strong November month-to-date trends and signs of improved execution provided the green shoots investors were hoping for."
- Ulta Beauty (ULTA) -
- A play on the beauty and cosmetics space. Ulta will report quarterly results on Thursday of next week.
- Hibbett Sports (HIBB) -
- A play on the sporting goods retail space following strong quarterly results and raised guidance out of DICK'S (DKS) Tuesday.
- Hibbett will report its results on Tuesday of next week.
- Golden Sun Education (GSUN) -
- A momentum name for Wednesday.
- Shares of this China-based, US-traded education company were up 26% on seemingly no news.
- The issue is a low-float name with about 6 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Tesla (TSLA) -
- Analyst and long-time bear in Tesla, Gordon Johnson, issued a research note Tuesday morning which highlighted data from this week which showed weak Tesla sales in China.
- Johnson noted the concerning weekly sales were despite two recent price cuts for Tesla vehicles in China over the last month.
- Best Buy (BBY) -
- Shares were up 9% in pre-market action following better-than-expected quarterly results and an update the company will have bought back about $1 billion in its shares during 2022.
- SoFi Technologies (SOFI) -
- The stock closed Monday's session down about 5% following a report a group of US Senators called on regulators to review SoFi's crypto activities.
- The company responded and said it believes it has been compliant with the mandates of its bank license and laws.
- TC BioPharm (TCBP) -
- Shares were up 13% Tuesday morning following news the company began dosing in its Phase 2b trial for its acute myeloid leukemia treatment candidate. The stock was one of the most-discussed names in Benzinga Pro's lounge chat Tuesday morning.
- Traders noted the stocks "tiny" float; the issue has around 27 million shares in its float.
- Recruiter.com (RCRT) -
- Tuesday's penny-stock, low-float momentum name.
- dShares were up 23% on seemingly no news.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
$DIS $AAPL $DKNG $BIDU $RDW
- Disney (DIS) -
- In maybe this weekend's biggest news item, Disney removed CEO Bob Chapek and reinstalled long-time chief Bob Iger. Shares of Disney were up 10% on the news.
- Apple (AAPL) -
- Chinese authorities loosened COVID-related restrictions in several regions over the weekend.
- Apple was affected as recently as several weeks ago by tightened restrictions at certain manufacturing facilities within China.
- DraftKings (DKNG) -
- A top pick in the gaming space by Morgan Stanley.
- The firm's analysts began coverage on DraftKings with an Overweight rating and called the stock "the best secular growth story."
- Baidu (BIDU) -
- The Chinese equivalent of Google.
- Baidu will report quarterly results this week on Tuesday.
- Redwire (RDW) -
- A play on spacecraft navigation and imaging systems. Shares of Redwire were up 14% in pre-market action Monday.
- NASA's Artemis I craft did a close moon fly by early Monday morning. Redwire provided some of the navigation and imaging systems for Artemis I.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Zoom Video Communications (ZM) - Potentially next week's most exciting earnings report (maybe that's not saying a lot). Zoom will report quarterly results on Monday morning.
- Boston Beer (SAM) - The owner of alcoholic beverage brands including Sam Adams, Twisted Tea, Truly and Dogfish Head. The company was the subject of an interesting analyst research report Friday. Analysts at Morgan Stanley responded to pushback following their setting of a new Underweight rating and $300 price target on the stock last week. In the note Friday morning, the analysts showed conviction in their belief that certain Boston Beer brands "holding [market] share looks challenging" amid current competition.
- Provention Bio (PRVB) - Friday morning's most-discussed stock in the Benzinga Pro lounge chat. The stock was down about 10% following news the company's drug to delay the onset of Stage 3 Type 1 diabetes was the first candidate to win FDA approval. Traders in the Benzinga Pro chat showed concern with the Provention drug's cost and seemingly intensive administration.
- Fulgent Genetics (FLGT) - Analysts at Raymond James initiated coverage on the stock with the firm's equivalent of a buy rating. The analysts said Fulgent "capitalized on COVID-19 testing capabilities...and has now deployed part of their substantial cash hoard to emerge from the pandemic with the full breadth of oncology testing capabilities."
- Steakholder Foods (STKH) - A technology company in the food space. The company is developing a 3D bioprinting technology in order to effectively build edible meat cultures without slaughtering animals. Shares of this low-float name were up 20% in pre-market action following a company press release which highlighted news of a competitor in its space winning FDA approval for a similar process Steakholder is developing.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- NVIDIA (NVDA) -
- Shares were down about 1% Thursday morning following mixed quarterly results and somewhat soft guidance.
- Tune into Benzinga's daily Stocks To Watch podcast on Twitter around 9:30 a.m. EST to hear several pieces of analyst commentary following NVIDIA's quarterly results. The podcast is also posted on Apple Podcasts and Spotify later in the morning.
- Foot Locker (FL) -
- A play on upcoming earnings.
- Foot Locker will report quarterly results on Friday of this week.
- 3M (MMM) -
- A value stock which is near 10-year lows.
- A report Wednesday morning suggested research shop Gordon Haskett heard a "large activist investor looks to be gobbling up 3M" shares.
- The stock closed lower on Wednesday amid the report.
- Victoria's Secret (VSCO) -
- A sympathy play following strong quarterly results out of Bath & Body Works (BBWI).
- Bath & Body Works shares were up nearly 20% in pre-market action Thursday.
- Wing Stop (WING) -
- Analysts at sell-side firm Wedbush issued a research note Thursday morning following a recent call with Wing Stop management.
- The analysts said the call left them "incrementally more confident that WING is uniquely positioned to meaningfully outperform industry peers.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
WMT, CAT, WDC, SRAD, BTBT
- Walmart (WMT) -
- In the big-box retail space Wednesday morning, Target (TGT) shares were down 15% following mixed quarterly results and lowered guidance.
- An analyst at Telsey Advisory commented on the Target results and noted company management commentary that softer trends from the third quarter persisted into November "in contrast to Walmart which reported...fourth quarter was off to a good start."
- Caterpillar (CAT) -
- A play on a value stock and so-called cyclical smokestack company.
- Caterpillar shares have rallied more than 40% over the last month and were near a 52-week high Wednesday morning. Professional trader and co host of Benzinga's PreMarket Prep trading show, Dennis Dick, shared his belief the flight to value stocks has been "overdone."
- Western Digital (WDC) -
- A play on the computer storage space. On Wednesday, peer in the storage space, Micron (MU),cut its expected storage wafer starts by 20% versus last year.
- Sportradar (SRAD) -
- A play on sports-betting technology.
- Shares were up 17% in pre-market action Wednesday following better-than-expected quarterly results and raised guidance.
- Bit Digital (BTBT) -
- A play on bitcoin mining.
- The company's Chief Strategy Officer, Sam Tabar, will interview on Benzinga's Live Trading YouTube show Thursday at 11:05 a.m. EST.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Intel (INTC) -
- Big news in the chip space Monday evening: Berkshire Hathaway's (BRK/A, BRK/B) Warren Buffett disclosed a $4 billion stake in Intel competitor, Taiwan Semi (TSM). Despite press over the last six months or so which highlighted major investments in US semiconductor infrastructure by the US government, the Oracle of Omaha apparently liked Taiwan Semi as an investment more than a US player like Intel.
- Netflix (NFLX) -
- Analysts at Bank of America restarted coverage on Netflix Tuesday morning with Buy rating and $370 price target. As shares of Netflix traded around $311 Tuesday morning, the firm's new price target represented potential upside of about 19%.
- Best Buy (BBY) -
- Will report quarterly results on Tuesday of next week. The company historically reports around 6 a.m. ET.
- SI-BONE Inc. (SIBN) -
- A play on a medical device company. SI-BONE is a developer of a minimally invasive surgical implant system for the treatment of lower back pain. An analyst at Needham Monday morning alerted investors a recent pullback in SI-BONE shares created a buying opportunity in the stock.
- Pineapple Energy (PEGY) -
- An ongoing momentum play. Shares of this low-float penny stock were up about 30% Tuesday morning following earnings from the company.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Amazon.com (AMZN) -
- A top story on the Wall Street Journal Monday morning was titled "Black Friday Deals Arrived Early for Many Shoppers This Year."
- Black Friday is now just 11 days away!
- Weibo (WB) -
- A play on the Chinese equivalent of Twitter.
- In top weekend news, US President Biden and Chinese President Xi met in order to discuss ways to effectively reopen communication between the two nations.
- DICK'S Sporting Goods (DKS) -
- A play on a sporting goods retailer.
- An analyst at retail-focused Telsey Advisory maintained an Outperform rating on DICK'S shares Monday morning ahead of the company's quarterly results on Tuesday of next week.
- The analyst noted an expectation for DICK'S to beat quarterly sales amid "continued demand for fitness and outdoor equipment and athletic apparel & footwear."
- MorphoSys (MOR) -
- One of Monday morning's biggest decliners.
- Shares were down nearly 30% following news out of company partner Roche that studies for an Alzheimer's treatment candidate did not meet their primary endpoint.
- Freight Technologies (FRGT) -
- Monday morning's biggest winner.
- The company's stock was initiated for coverage by analyst firm Chardan with a Buy rating and $2.25 price target.
- The firm's new price target represents potential upside of nearly 500%. Freight Technologies is a low-float name with about 8 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Alibaba (BABA) -
- China's largest online commerce company. Alibaba will report quarterly results on Thursday of next week.
- Cisco (CSCO) -
- Described by a Morgan Stanley analyst as being set up "relatively defensively" heading into quarterly results on Wednesday of next week.
- Doximity (DOCS) -
- One of Friday's most-discussed stocks by analysts on the sell side.
- Shares were up about 17% following better-than-expected second-quarter results but mixed guidance.
- Genius Sports (GENI) -
- A play on "a crucial role in the sports betting process facilitating the transfer of data from sports leagues to sports books," according to an analyst at Needham.
- While shares of Genius opened Thursday's session higher following strong quarterly results, investors took profit of the session and shares closed lower.
- Snail (SNAL) -
- An initial public offering (IPO) from Thursday. Shares were up 90% Friday morning.
- The company is a publisher of video games, including "Last Oasis," "ATLAS" and "ARK Park."
- The issue is in low-float territory with about 3 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- NVIDIA (NVDA) -
- The company will report quarterly results on Wednesday of next week.
- Analysts expect earnings of $0.70 per share on sales around $5.8 billion.
- Affirm (AFRM) -
- One of Wednesday's most-discussed stocks on communication platform Discord.
- Shares fell more than 20% on Wednesday following a mixed quarterly report and weak guidance from Affirm.
- The stock rebounded Thursday morning; shares were up about 12% in pre-market action.
- Veru Inc. (VERU) -
- Thursday morning's biggest decliner.
- Shares were down more than 60% following an unfavorable FDA Advisory Committee meeting related to the company's COVID-19 drug.
- Olo Inc. (OLO) -
- Shares of this digital ordering and delivery service in the restaurant space were up about 5% following better-than-expected quarterly results and guidance.
- The company's founder and CEO, Noah Glass, will interview on Benzinga's "Live Trading" YouTube show Thursday at 11:05 a.m. EST.
- Blue Water Vaccines (BWV) -
- One of Thursday's momentum names.
- Shares of this low-float penny stock were up about 25% following quarterly results and news of a buyback.
- The issue has about 7 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Walmart (WMT) -
- The world's largest brick-and-mortar retailer will report quarterly results on Tuesday morning of next week.
- Walmart informally kicks off the earnings season for retailers.
- YETI Holdings (YETI) -
- Shares have fallen from above $100 to around $30 over the last year.
- YETI shares opened for trade back at the end of 2018 around the $15 level.
- The company will report quarterly results Thursday before market open.
- VanEck Gold Miners ETF (GDX) -
- A play on gold.
- The VanEck Gold Miners ETF differs in its usage compared to the SPDR Gold Trust (GLD); whereas GLD tracks the price of spot gold, GDX tracks an basket of gold-mining companies.
- Traders in Benzinga Pro's lounge chat on Wednesday morning discussed a possible breakout in GDX.
- Appian (APPN) -
- A play on software.
- Benzinga will host the company's CEO, Matt Calkins, for an interview at 11:05 a.m. EST Wednesday. Check Benzinga's YouTube channel to tune into the interview.
- Mullen Automotive (MULN) -
- A favorite among the retail investor crowd.
- Mullen shares were up about 16% in pre-market action Wednesday following news of a distribution deal for the company's urban commercial electric delivery vehicle.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- AMC Entertainment (AMC) - The company will report quarterly results after market close Tuesday. AMC has reported between 4:08 p.m. and 4:18 p.m. ET over the last two quarters.
- Roblox (RBLX) - A play on the metaverse. Roblox will publish its quarterly results Wednesday before market open. Analysts expect a loss of $0.33 per share on sales just under $690 million.
- e.l.f. Beauty (ELF) - A play on the cosmetics space. Shares marked a new all-time high last week following the company's strong quarterly results. The stock has continued higher since last week. A Morgan Stanley analyst commented favorably on e.l.f. Tuesday morning and noted the company's guidance will likely prove conservative.
- First Solar (FSLR) - A play on an American solar manufacturer. In the space Tuesday morning, First Solar peer, SunPower (SPWR), reported better-than-expected quarterly results. SunPower shares traded up about 11% on the news.
- IceCure Medical (ICCM) - One of Tuesday's top momentum plays. Shares were up nearly 50% following news the company's cryoablation device achieved a milestone related to Medicare coverage for breast cancer procedures. The issue is in low-float territory with about 16 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Apple (AAPL) -
- Shares were down about a percent and a half Monday morning following Apple's warning of delays related to production of its high-end iPhone models, the iPhone 14 Pro and iPhone 14 Pro Max.
- The warning followed a week-long lockdown at the largest facility of Apple's largest supplier, Foxconn.
- Pfizer (PFE) -
- The company's COVID-19 vaccine partner, BioNTech (BNTX), reported a 50% drop in sales amid declining demand for COVID vaccines.
- Peabody Energy (BTU) -
- One of the most-discussed stocks in Benzinga Pro's lounge chat Monday morning.
- Traders and investors were favorable on news out of the company that it and privately-held Coronado ended merger talks. Shares of Peabody were up about 7% on the news.
- Zoom Video Communications (ZM) -
- A play on an upcoming product event and analyst day. Zoom will host its Zoomtopia event on Tuesday and Wednesday of this week; the company's analyst day event will also run in tandem with the product event on Tuesday, starting at 2 p.m. EST.
- GigaCloud Technology (GCT) -
- One of Monday's top momentum plays.
- The Benzinga Pro newsdesk team did not see news to justify a sharp move higher in the stock. Shares were up about 40% in pre-market trade. The issue is in low-float territory, with about 13 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- PayPal (PYPL) -
- Shares traded about 5% lower ahead of the open Friday despite better-than-expected quarterly results and raised guidance.
- The company also announced that its brands will be integrated into Apple's (AAPL) payments products.
- Palantir Technologies (PLTR) -
- A favorite among the retail investor crowd. The company will report quarterly results on Monday before market open.
- HireQuest (HQI) -
- A play on staffing and a strong jobs market.
- The US's Bureau of Labor Statistics Friday morning reported solid jobs data: job additions in the non-farm sector totaled 261,000 vs an economist expectation of 200,000.
- Wynn Resorts (WYNN) -
- A play on casinos.
- Wynn will report quarterly results on Wednesday of next week. Keep in mind that Wynn's two main peers in the casino space, Las Vegas Sands (LVS) and MGM Resorts (MGM), recently reported quarterly results.
- Shares of casino stocks fell following Las Vegas Sands and MGM's quarterly results, meaning downside has already been priced into Wynn shares related to third-quarter results.
- BioAlta (BCAB) -
- Friday's momentum name.
- Shares traded up more than 50%. While the company did have a news catalyst Friday morning (a quarterly report), given the biotech nature of the company's operations, quarterly results are not a strong news catalyst.
- The stock is likely trading on the fact that the issue is in low-float territory, with around 25 million shares in its float. Later in the pre-market session, the company announced an offering
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Twitter (TWTR) -
- Elon Musk is officially Twitter's lone director.
- Musk fired the entire Board following the completion of the deal for Twitter.
- Reports out Monday suggested Musk will cut Twitter's current workforce by about 25%.
- Advanced Micro Devices (AMD) -
- The company will report quarterly results Tuesday after market close.
- Analysts expect earnings of $0.74 per share on sales of $5.8 billion.
- Block (SQ) -
- Will publish quarterly earnings on Thursday after market close.
- Block can be used as a gauge of the strength or weakness of consumers.
- Yum China (YUMC) -
- A play on the Chinese economy.
- Yum China's KFC is extremely popular in China. The company will report quarterly results on Tuesday after market close.
- Arista Networks (ANET) -
- One of the most-discussed companies and stocks by analysts on the sell side Tuesday morning.
- Shares traded up about 1% following better-than-expected quarterly results and strong guidance released Monday evening.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Amazon (AMZN) - The multinational giant announced Q3 earnings last Friday and reported a beat with an EPS (earnings per share) of 0.28 over an expected 0.20, and only a very slight revenue miss, but operating income, net income, operating cash flow, and free cash flow all fell in what some analysts called a "disappointment" - the news resulted in a drop in share price with some recovery over the course of the day.
- Berkshire Hathaway (BRK.A) - Legendary investor Warren Buffett's own legendary company has not officially confirmed its next earnings date as of time of writing, but going off of last year's report date watch for release on and around Friday, November 4th.
- General Electric (GE) - The company's share price has seen a relatively steady rise of over 26% over the last month at time of writing. The Chicago PMI (a measure of the manufacturing sector in the Chicago region often used to gauge overall US manufacturing sector health) data for October is expected to be released today (Monday, October 31st) and may bring positive or negative color to GE and many other manufacturing tickers.
- Stryker (SYK) - A medical technologies company with products in much of the medical industry, Stryker is reporting Q3 earnings today with an earnings call at 4:30pm EDT.
- Selina Hospitality (SLNA) - A momentum and volatility play around a ticker that until only last week was nearly completely flat. The stock saw a massive surge in price on Thursday after a SPAC deal but lost some of its gains and trended further down on Friday. However, shares were back up this morning by over 20% at time of writing.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Credit Suisse (CS) - Switzerland's second largest bank announced a Q3 loss of $4 billion, a "radical" restructuring plan including renaming a section of the bank to "First Boston", and plans to cut 9,000 jobs on Thursday. Share price dropped hard on the combination of news.
- Altra Industrial Motion (AIMC) - A US-based electromechanical power transmission company that manufactures parts and components for controls agreed to a cash acquisition deal from Regal Rexnord Corp. (RRX) that sent the share price flying higher on Thursday. Regal experienced a decline in share price.
- Mobileye Global (MBLY) - After spinning off from Intel Corporation (INTC), shares of driver assistance and autonomous driving technology company Mobileye popped on Thursday. Additionally there was an anonymously sourced rumor published by Reuters on Thursday that Volkswagen (VWAGY) would be partnering with Mobileye on automated driving.
- User Testing (USER) - Announced it entered into an agreement to be acquired by private equity giant Thoma Bravo on Thursday at a price of $7.50 per share. Share price skyrocketed from $3.85 to $7.48 then settled slightly lower.
- Shopify (SHOP) - The company announced an earnings beat on Thursday with a 17% bump in share price, but pre-market on Friday, trading showed some volatility as share price fluctuated in the negative.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Ford (F) - The company reported a Q3 net loss of $827 million and shuttered its autonomous vehicle unit Argo AI, the stock fell and was compared to sector performance including General Motors (GM)'s recent earnings win.
- Spotify (SPOT) - Even with a beat on revenue and total monthly active users, shares fell about 13% Wednesday after earnings showing declining margins and comments from the CEO about the possibility of increasing prices for US users on Tuesday.
- Exxon Mobil (XOM) - Earnings call currently ongoing at time of writing, with better GDP report than expected and recent OPEC oil tightening things to keep in mind.
- Harley-Davidson (HOG) - An earnings winner that rumbled up the movers lists Wednesday, with profit and revenue beating estimates. The company also discussed increased consumer confidence levels in the US and Asia and developing more electric models on a conference call with analysts Wednesday.
- Marqeta (MQ) - A play on recent Visa (V) announcement of opening its payment network to Blockchain.com using Marqeta's fintech platform. Share price seemed relatively unmoved by the news.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
$GM $GIIB $CLF $COOK $OUST
- General Motors (GM) - Shares were up about 4% in Tuesday's pre-market session following better-than-expected quarterly results and strong guidance. Ford (F) will report quarterly results on Wednesday after market close.
- Biogen (BIIB) - The company reported a beat on both the top- and bottom-lines for its third-quarter results. Biogen raised its fiscal year guidance. The stock traded up modestly, less than 1%.
- Cleveland-Cliffs (CLF) - One of Tuesday morning's big earnings-related losers. Shares were down about 11% following worse-than-expected quarterly earnings.
- Traegar (COOK) - Shares may see increased attention following a deal in the barbeque manufacturer space. Weber (WEBR) received a go-private offer at $6.25 per share. Weber shares were up about 30% on the news; Traeger shares traded up about 3%.
- Ouster (OUST) - A play on a favorable call by a sell-side analyst. Rosenblatt's Kevin Cassidy called Ouster "a leader in digital LiDAR technology" and began coverage on the stock with a Buy rating.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
Starboard Value published a slideshow presentation on $WIX
The earnings season is in full force this week! About 800 publicly-traded companies will be issuing their quarterly results this week.
The following companies will be reporting:
- Amazon.com (AMZN) - On Thursday after market close.
- Boeing (BA) - On Wednesday before market open.
- McDonald's (MCD) - On Thursday before market open.
- Merck (MRK) - On Thursday before market open.
- Chevron (CVX) - On Friday before market open.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
Starboard Value published a slideshow presentation on $WIX
- Meta Platforms (META) - Stocks in the social media space were sharply lower Friday morning following better-than-expected quarterly results but an uncertain outlook from peer in the space, Snap (SNAP). Shares of Snap traded down about 30% in pre-market action Friday; Meta and Twitter (TWTR) shares were down about 4%.
- Under Armour (UAA) - The company will report quarterly results in two Thursdays, on November 3. An analyst at research shop Telsey Advisory downgraded Under Armour shares Friday. The analyst showed concern related to the prospect of high inventory in the apparel space heading into 2023.
- Molson Coors (TAP) - A play on the beer sector. Shares of peer Sam Adams (SAM) traded higher Friday following its strong quarterly results. Molson Coors will report quarterly results on November 1.
- Pineapple Energy (PEGY) - A recent momentum play. The company's CEO, Kyle Udseth, will interview on Benzinga's "Live Trading" YouTube show next week on Wednesday. The interview will start around 11:05 a.m. EDT.
- Energy Focus (EFOI) - One of Friday's momentum stocks. Shares of this penny stock were up about 70% on no news. The issue is in low-float territory, with about 9 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
Starboard Value published a slideshow presentation on $WIX
ROKU, AXP, ASML, WIX, LMAO
- Roku (ROKU) - Shares saw increased attention Wednesday morning following better-than-expected earnings out of Netflix (NFLX) Tuesday evening. Traders often group the likes of Roku and Netflix together in the streaming space.
- American Express (AXP) - A play on upcoming earnings. AmEx will report quarterly results on Friday of this week. The company will be the first credit card processor to report quarterly results.
- ASML Holding (ASML) - A play on semiconductors. The company is a leader in photolithography, the process of exposing circuit patterns onto a semiconductor wafer. ASML shares were higher Wednesday morning following strong quarterly results from the company.
- Wix.com (WIX) - A play on activist investor interest. Starboard Value published a slideshow presentation Tuesday which highlighted the potential for Wix to improve growth and profitability. Despite the attention from the notable activist investor, shares of Wix were relatively quiet.
- LMF Acquisition Opportunities (LMAO) - A potential special purpose acquisition corporation (SPAC) redemption play. Shareholders approved the company's business combo deal with SeaStar Medical, a medical company working to find a treatment against cytokine storm, a process which effectively turns a person's immune system against them.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
- Snap (SNAP) - A play on upcoming earnings. Snap will report quarterly results on Thursday after market close. Benzinga will be hosting the company's quarterly conference call on our YouTube channel. The conference call will begin around 5 p.m. EDT.
- Roblox (RBLX) - Shares rallied more than 20% on Monday following news of strong September user figures out of Roblox. An analyst at Needham Tuesday morning commented on Roblox following the user figures. Tune into Benzinga's Stocks To Watch podcast after 10 a.m. EDT to hear more detail from that Needham commentary.
- Alphabet (GOOGL) - A play on connected TV. Analysts at Morgan Stanley were out with a relatively big call Tuesday morning; the firm highlighted the growth potential for ad players in the connected TV space. Morgan Stanley called Alphabet and Amazon.com (AMZN) beneficiaries to this trend.
- CVS Health (CVS) - Shares of Cano Health (CANO) plunged nearly 50% on Monday following speculation out of Dealreporter CVS has abandoned a pursuit for a takeover deal with Cano.
- Recruiter.com (RCRT) - Tuesday's momentum-du-jour play. Shares of this penny stock were up about 40% on no news. The issue is a low-float name with about 13 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
$IBM $RUM $CMG $CLNE $INPX
- International Business Machines (IBM) - An earnings play. The company will report quarterly results after market close on Wednesday. Analysts expect earnings of $1.78 per share on sales of $13.5 billion.
- Rumble (RUM) - A play on alternative media. Rumble is a provider of a YouTube-esque video-sharing platform which touts non censorship. In weekend news, celeb Kanye West purchased Parler, a social media platform which describes itself as focused on free speech.
- Chipotle Mexican Grill (CMG) - A play on a favorable analyst call ahead of quarterly earnings. An analyst at Oppenheimer Monday morning called Chipotle "a rarity" in the restaurant space as the company and stock have an "attractive" set up heading into earnings. Chipotle will report quarterly results on Tuesday of next week.
- Clean Energy Fuels (CLNE) - A play on natural gas. Shares of peer in the nat-gas space, Archaea Energy (LFG), were up more than 50% following news BP (BP) will purchase Archaea in a $4 billion deal.
- Inpixon (INPX) - A momentum play last week which has continued to see notable price action Monday morning. The stock rallied more than 90% last week following news of new purchase orders on Tuesday of last week. Shares of this low-float name were up another 60% Monday morning on no news.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
NFLX, BLNK, DLB, RKLB, TAOP
- Netflix (NFLX) - The company will report quarterly results on Tuesday of next week. Netflix has historically reported right after the closing bell, around 4:01 or 4:02 p.m. EDT.
- Blink Charging (BLNK) - A play on electric vehicle infrastructure. The company is a provider of electric vehicle charging services. The electric vehicle space will be in focus early next week as Tesla (TSLA) will report quarterly results on Wednesday.
- Dolby Laboratories (DLB) - A play on the metaverse. The company is a developer of audio and surround-sound systems for a range of applications. On Friday morning, an analyst at research shop Tigress Financial said the "creation of increasingly immersive entertainment experiences for the Metaverse will be a major upside catalyst" for Dolby.
- Rocket Lab USA (RKLB) - Shares were modestly higher Friday morning following news the company was selected for a contract to build solar panels for a NASA mobile rocket program. The terms of the contract were not disclosed. Find out why this specific about the terms of the contract is important on Benzinga's daily Stocks To Watch podcast. Tune in to Benzinga's Twitter around 9:30 a.m. EDT to hear more, or listen to the podcast later Friday afternoon on Spotify or Apple Podcasts.
- Taoping (TAOP) - One of Friday morning's momentum names. Shares were up about 10% in pre-market action despite no news. The issue is a low-float name with about 10 million shares in its float. Traders clump this stock into the group of non-fungible token (NFT) plays.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
UAL, SPOT, ICE, WEBR, LASE
- United Airlines (UAL) - A play on upcoming earnings. United Air will report quarterly results on Tuesday of next week. Earnings out of Delta Air (DAL) were affecting the airline space Thursday morning. While Delta reported a quarterly miss, the company's guidance was better than expected.
- Spotify (SPOT) - A play on a bullish call by an analyst at Morgan Stanley. With shares of Spotify down from around $300 a year ago to under $100 recently, Morgan Stanley's Ben Swinburne noted his expectation for "streaming audio user growth to remain relatively resilient among digital consumer services..."
- Intercontinental Exchange (ICE) - ICE is the owner of the New York Stock Exchange. Tune into Benzinga's YouTube channel at 10:45 a.m. EDT Thursday to watch our tour of the NYSE floor!
- Weber (WEBR) - A play on a "bad" rumor. On Tuesday of this week, shares of Weber jumped sharply following a report which suggested the company could be the target of a takeover approach. Within about 30 minutes, Weber shares began seeing profit taking. The next morning, a Bloomberg report came out which suggested the company was in talks for a debt financing deal. The stock is now down about 20% from where shares were trading following the initial rumor. Traders should use this series of events as a lesson in sourcing.
- Laser Photonics (LASE) - One of Thursday's morning's biggest gainers. Shares were up about 40% following a Benzinga Pro exclusive early release on news the company's laser blasting product will be utilized at Coca-Cola (KO) bottling plants.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Michael O'Connor Reach out to Michael at michaeloconnor@benzinga.com
Benzinga Strategy Development
pro.benzinga.com
MS, DELL, COIN, SESN, PEGY
- Morgan Stanley (MS) - Will report quarterly results on Friday of this week. The US's big bank companies have, over the last few years, kicked off the earnings season.
- Dell Technologies (DELL) - A lead story in the Wall Street Journal this week highlighted "PC Shipments Plunge Nearly 20%, Steepest Drop in More Than 20 Years." Dell remains a top-5 computer brand globally.
- Coinbase (COIN) - Shares were oddly quiet Wednesday morning following news Alphabet's (GOOGL) Google selected Coinbase to provide crypto services for some of its cloud products.
- Sesen Bio (SESN) - A play on news Merck (MRK) exercised an option to continue working with Moderna (MRNA) for a cancer vaccine. In September, Sesen merged with privately-held Carisma Therapeutics, a partner of Moderna's with a focus on cancer therapies.
- Pineapple Energy (PEGY) - One of Wednesday's momentum-du-jour names. The stock has been a momentum name for a few weeks now. Shares were up 19% Wednesday morning on no news. The issue is a low-float play with about 4 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Okta (OKTA) - A play on identity management software. The space was getting some attention Tuesday morning following news of a takeover deal for peer in the space, ForgeRock (FORG), by private-equity firm Thoma Bravo.
- Matterport (MTTR) - A controversial play on the metaverse. Meta Platforms (META) will host a one-day virtual event on Tuesday at 1 p.m. EDT called "Meta Connect." The event will highlight recent updates Meta has made on its metaverse development. Attention generated from the Meta Platforms event could create trading interest in other metaverse names, like Matterport.
- Li Auto (LI) - A play on a China-based electric vehicle manufacturer. Data out of the China Association of Automobile Manufacturers Tuesday showed a slowing growth rate for the sale of cars in China. A transportation authority in China said a 25% increase in sales of automobiles over September indicated "relatively weak" growth.
- Braskem (BAK) - The target of a recent rumor. Shares of Braskem were up about 12% Tuesday morning following a rumor holding company Apollo Capital made a new offer for the company. While the source Benzinga found related to the report cited a publication named Valor, the Benzinga reporters could not find the article on that website.
- Joby Aviation (JOBY) - One of Tuesday morning's biggest winners. Shares were up about 50% following news Delta Air (DAL) will make a $60 million equity investment in Joby. Something to remember: Joby has been a momentum name in the recent past; the issue is on the border of low-float territory with about 30 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Ford (F) - Shares were down a sharp 6% Monday morning following a downgrade on Ford by analysts at UBS. The firm's new recommendation on Ford was set at Sell. Global recession fears potentially creating less demand for vehicles was a top reason for the downgrade.
- Lowe's (LOW) - A play on a home improvement retailer. A top story in the Wall Street Journal Monday morning was titled "The Repairs That Will Help Sell Your House in a Cooling Market."
- Toast (TOST) - Shares were up 4% in pre-market trade Monday following an upgrade to Buy by an analyst at Mizuho. To hear more color from the analyst call, tune into Benzinga's daily Stocks To Watch podcast on Twitter just before market open or on Spotify or Apple Podcasts a little later in the morning.
- Bowlero (BOWL) - A way to gain exposure to bowling. Bowlero is an operator of bowling entertainment centers. The company's President and CFO, Brett Parker, will interview on Benzinga's YouTube channel later this week. The interview will take place on Thursday at 1:05 p.m. EDT.
- Crown Electrokinetics (CRKN) - Monday's penny-stock, low-float momentum play of the day. Shares of this below-$0.50 stock were up more than 50% Monday morning on no news. The issue has about 9 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Tesla (TSLA) - Twitter (TWTR) shares closed up about 22% on Tuesday following reports Elon Musk would move forward with the originally-planned $44 billion deal for Twitter. Tesla could see consequences from Elon Musk potentially needing to focus on Twitter; as noted by one sell-side analyst, "We suspect [Musk] will need to call upon all of his skills and talents to successfully turn Twitter around."
- JP Morgan (JPM) - The big bank will report quarterly results on Friday of next week.
- Paychex (PAYX) - A play on the jobs market. Paychex is a provider of payroll and human capital solutions. Data out of Advanced Data Processing (ADP) showed better-than-expected jobs data for September. Investors will receive more jobs-market data from the US's Bureau of Labor Statistics at 8:30 a.m. EDT on Friday.
- Delta Airlines (DAL) - A play on upcoming earnings. The company will report quarterly results on Thursday of next week.
- Pineapple Energy (PEGY) - Shares of this low-float penny stock closed up about 80% on Tuesday and continued another 50% higher Wednesday morning. A provider of solar and back-up power for consumers, the Benzinga Pro newsdesk team did not see news to justify the sharp move higher. The issue is in low-float territory with about 5.5 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Tesla (TSLA) - Twitter (TWTR) shares closed up about 22% on Tuesday following reports Elon Musk would move forward with the originally-planned $44 billion deal for Twitter. Tesla could see consequences from Elon Musk potentially needing to focus on Twitter; as noted by one sell-side analyst, "We suspect [Musk] will need to call upon all of his skills and talents to successfully turn Twitter around."
- JP Morgan (JPM) - The big bank will report quarterly results on Friday of next week.
- Paychex (PAYX) - A play on the jobs market. Paychex is a provider of payroll and human capital solutions. Data out of Advanced Data Processing (ADP) showed better-than-expected jobs data for September. Investors will receive more jobs-market data from the US's Bureau of Labor Statistics at 8:30 a.m. EDT on Friday.
- Delta Airlines (DAL) - A play on upcoming earnings. The company will report quarterly results on Thursday of next week.
- Pineapple Energy (PEGY) - Shares of this low-float penny stock closed up about 80% on Tuesday and continued another 50% higher Wednesday morning. A provider of solar and back-up power for consumers, the Benzinga Pro newsdesk team did not see news to justify the sharp move higher. The issue is in low-float territory with about 5.5 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
UBS NIO LAZR BOX WLDS
- UBS (UBS) - In probably the weekend's biggest news item, Credit Suisse (CS) reportedly sent employees a memo which raised some concerns about the bank's financial health. Credit Suisse shares were down about 4% in pre-market trade Monday; the stocks of other euro banks did not move lower in sympathy with Credit Suisse. As several big banks based in Switzerland, traders will view UBS and Credit Suisse as peers.
- NIO Inc. (NIO) - A play on the Chinese electric vehicle market. Within the electric vehicle space over the weekend, Tesla (TSLA) reported worse-than-expected third-quarter deliveries of vehicles.
- Luminar Technologies (LAZR) - A play on the autonomous driving space. Luminar describes itself as an autonomous vehicle sensor and software company. News out of the space over the weekend suggested Intel (INTC) will do an initial public offering (IPO) for its autonomous driving unit, Mobileye.
- Box (BOX) - A play on a bullish call by a notable sell-side analyst. Morgan Stanley's Josh Baer upgraded shares of Box to the firm's equivalent of a buy rating. The analyst said investors are underappreciating Box's value.
- Wearable Devices (WLDS) - A company which develops "a non-invasive Neural input interface for controlling digital devices using subtle finger movements." Shares were up 38% Monday morning on no news. The issue is a low-float play with about 8 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
BBWI MU TSLA DUK SQL
- Bath & Body Works (BBWI) - A sympathy and potential contrarian play following NIKE's (NKE) better-than-expected quarterly results but inventory figures that weighed on NIKE shares. While an analyst at Morgan Stanley said the sharp move lower in NIKE shares (the stock was down about 12% in Friday's pre-market session) could create a buying opportunity for select long-term investors, the analyst noted better value elsewhere in the apparel/retail space. Bath & Body Works, Skechers USA (SKX) and lululemon (LULU) were mentioned as alternative plays to NIKE.
- Micron (MU) - Micron shares were modestly lower Friday morning following mixed quarterly results and concerning guidance. Several Micron analysts were optimistic on the company and stock following the earnings news. Tune into Benzinga's daily Stocks To Watch podcast on Twitter around 9:30 a.m. EDT to hear more details of the analyst calls on Micron.
- Tesla (TSLA) - A play on an under-the-radar call by an analyst last week that Tesla's China deliveries could be worse than expected. The analyst who made the call, Gordon Johnson, of GLJ Research, will interview on Benzinga's YouTube at 1:45 p.m. EDT Monday of next week.
- Duke Energy (DUK) - A play on a utilities company in the Carolinas. The named storm which caused millions of power outages in Florida earlier this week, Ian, veered east into the Atlantic Ocean after making landfall in Florida. As such, the storm has turned back into a hurricane and is expected to make landfall in South Carolina Friday afternoon. The storm is expected to break up inland over the Carolinas and continue north into Virginia.
- SeqLL (SQL) - A penny-stock, low-float momentum du jour play of Friday. Shares were up about 18% on no news. The issues float is around 7 million shares.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- NextEra Energy (NEE) - The largest utilities company in Florida. Headlines around the US Thursday mentioned the several million Floridians without power as Hurricane Ian hit the west coast of the state and began dissipating overnight.
- Coinbase (COIN) - A US-based cryptocurrency exchange platform. A senior analyst at forex firm OANDA recently highlighted his belief the recent rally in cryptos could "last a little longer." Check out the Benzinga article which discussed the analyst's opinions here.
- Broadridge Financial Solutions (BR) - A play on a recent short thesis by research firm and known short seller, Spruce Point Capital. Spruce Point founder and Chief Investment Officer, Ben Axler, will interview on Benzinga's YouTube channel Friday afternoon at 1:15 p.m. EDT.
- Tilray (TLRY) - A play on the cannabis space. The company will report quarterly results on Friday of next week.
- BigBear.ai (BBAI) - A play on analytics software which organizes artificial intelligence and machine learning data. Shares were up more than 40% Thursday morning following news the company signed a nearly $15 million contract with the US Army.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
AAPL, KMX, GNRC, DOCU, BIVI
- Apple (AAPL) - Shares traded down about 2.5% Tuesday evening following a report the company pulled back its iPhone 14 production ramp up, citing underwhelming demand. Several notable analysts, including Loup Ventures' Gene Munster, downplayed the report. Tune into Benzinga's daily Stocks To Watch podcast on Spotify or Apple Podcasts to hear more details from the analyst calls.
- CarMax (KMX) - A play on the used car market. CarMax provides sales and service through retail locations. The company will report quarterly results Thursday.
- Generac (GNRC) - A manufacturer of generators for residential and commercial use. Traders in the Benzinga Pro lounge chat discussed the stock amid the major hurricane hitting the Gulf coast of Florida Wednesday morning.
- DocuSign (DOCU) - Shares traded up 2% in Wednesday's pre-market session following news DocuSign management will cut its workforce by about 9% amid restructuring efforts.
- BioVie (BIVI) - A play on the Alzheimer's space. In major news Wednesday, Biogen (BIIB), announced favorable results from a trial of its Alzheimer's drug candidate. Biogen shares traded up nearly 50%; many other stocks with Alzheimer's treatment candidates traded higher.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$HTZ, $RUM, $SWIM, $JG, $ILAG
- Hertz (HTZ) - A play on implications for the rental car space from the wider auto industry. Hertz shares traded modestly higher Tuesday morning following news of a company deal with BP (BP) in which BP will install electric-vehicle charging stations for use by Hertz and its customers.
- Rumble (RUM) - A play on a competitor to YouTube. Actor, comedian and now-famed YouTuber, Russell Brand, will launch a daily show on the Rumble video-sharing platform Wednesday of this week.
- Latham Group (SWIM) - A play on swimming pool maintenance. Florida will see one of its first major hurricanes of 2022 hit this week, Hurricane Ian. Latham has been a play following major weather events over the last few years as home and property owners have needed to renovate their pools.
- Aurora Mobile (JG) - A play on a partnership with a Warren Buffett-backed maker of electric vehicles. Aurora Mobile will provide a messaging cloud solution for electric vehicle company BYD. Shares of Aurora Mobile may not be responding dramatically to the news given that Aurora and BYD previously announced a partnership, back in 2021.
- Intelligent Living (ILAG) - One of Tuesday's penny-stock, low-float du jour names. Shares of this relatively new issue (the stock went public at the end of July) were up more than 20% on no news Tuesday morning. The issue has about 9 million shares in its float.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$PINS $PLNT $CCL $AGRI $ISPC
- Pinterest (PINS) - A play on a rumor from late last week. Shares of Pinterest moved slightly higher Friday morning following speculation from alert service Dealreporter the company could be looking to sell itself. Traders in the name immediately took profit following circulation of the speculation; shares closed down about 2% on Friday.
- Planet Fitness (PLNT) - A play on a "resilient and recession-resistant business model." Analysts at Raymond James upgraded shares of Planet Fitness to a Strong Buy rating Monday morning.
- Carnival (CCL) - A play on upcoming earnings. Carnival will report quarterly results on Friday of this week. Shares have traded near 2022 lows over the last three months.
- AgriFORCE (AGRI) - In an exclusive Benzinga Pro early news item, AgriFORCE announced a lowered price for a recent deal. The company reduced the purchase price for its deal with Delphy from about $29 million previously to around $18 million with a potential earnout component. Shares were largely unaffected following the news item.
- iSpecimen (ISPC) - A penny-stock, low-float momentum play Monday morning. Shares traded up about 18% on no news. The issue has about 6 million shares in its float. The company describes itself as "connecting life science researchers who need human biofluids, tissues, and living cells for their research, with the available biospecimens."
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$MRNA $MU $LITM $TAOP $SONX
- Moderna (MRNA) - A play on a potential increase in COVID and flu cases during the fall and winter months. A feature story on the Wall Street Journal Friday morning highlighted "Moderna Covid-19 Booster Shortage Leads to Fewer Appointments at Pharmacies."
- Micron (MU) - A play on upcoming earnings out of this company in the memory chip space. Micron will report quarterly results on Thursday of next week.
- Snow Lake Resources (LITM) - A play on lithium. Shares were up about 15% Friday morning following news the company will collaborate with an LG unit to form a North American supply chain for lithium.
- Taoping (TAOP) - A China-based, US-traded penny-stock momentum play. Shares were up about 17% Friday morning; the Benzinga Pro newsdesk team did not see news to justify the move higher. The issue is a low-float name with about 11 million shares in its float.
- Sonendo (SONX) - An example of when stocks can go up following a financing news item. Shares were up more than 40% following news of a $63 million private placement.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Benzinga TOWNHALL
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$NKE $DHI $RUM $BBBY $NVAX
- NIKE (NKE) - A play on upcoming earnings. The company will report quarterly results on Thursday of next week. Analysts currently expect earnings of $0.93 per share on sales around $12.3 billion.
- DR Horton (DHI) - A play on housing. DR Horton peers in the homebuilding space, Lennar (LEN) and KB Home (KBH), reported mixed quarterly results on Wednesday afternoon. In an interesting comment during Fed Chair Jay Powell's press briefing Wednesday afternoon, he said "the housing market needs to go through a correction before getting back to normal price growth."
- Rumble (RUM) - A play on a YouTube-esque video-streaming service. This is the platform that famously welcomed Donald Trump's Truth Social Media as its first ad-supported publisher. Investors in Benzinga Pro's lounge chatroom Thursday morning discussed recent news on Rumble that social media influencer and former YouTube content creator, Steve Will Do It, will begin creating content on Rumble.
- Bed Bath & Beyond (BBBY) - A so-called meme stock. Bed Bath & Beyond will report quarterly results on Thursday of next week.
- Novavax (NVAX) - A play on pessimism about the company and stock from analysts at JP Morgan. The firm downgraded shares of Novavax to the equivalent of a sell rating Thursday morning. JP Morgan analysts attributed the downgrade to the company's concerning long-term outlook.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Benzinga TOWNHALL
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$NVDA $CMG $ACB $BB $VRAX
- NVIDIA (NVDA) - The company was in focus Tuesday and Wednesday following what one analyst called "the biggest graphics processing unit launch in NVIDIA history": its GeForce RTX 40 series graphics cards. Initial anecdotal information from consumers suggested the price point was pretty steep. Keep in mind: the launch of graphics cards and new chips from the semiconductor companies rarely impact stock prices.
- Chipotle Mexican Grill (CMG) - A play on a bright spot in the "fatigued fast casual" space, according to one analyst. Cowen analyst Andrew Charles highlighted in a Wednesday morning research note takeaways from a recent meeting with Chipotle management. The analyst noted "strengthening value perceptions within proprietary survey data that supports Chipotle's elevated [second half '22] pricing levels & future pricing power."
- Aurora Cannabis (ACB) - A favorite cannabis play among the retail investing crowd. Shares were down about 2% in pre-market trade Wednesday following quarterly earnings from the company Tuesday evening. An analyst at Cantor Fitzgerald remained optimistic on Aurora's business and stock following the earnings report and highlighted the company's "strong medical [cannabis] franchise" and "right-sized" recreational cannabis segment within the US.
- BlackBerry (BB) - A so-called meme stock; a favorite target for retail investors. The company will report quarterly results on Tuesday of next week.
- Virax Biolabs (VRAX) - A play on a company with a testing kit for monkeypox. In an exclusive early report on Benzinga Pro Tuesday, Virax announced a distribution deal for its monkeypox antigen test. Shares closed Tuesday's session up 40%; the stock saw some profit taking Wednesday morning and was down about 7% ahead of the open.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$HD $F $RKT $LTHM $BCAN
- Home Depot (HD) - A play on economist expectations for continued increases in housing-related costs. A top story on the Wall Street Journal Tuesday, "Climbing Housing Costs Could Prop Up Inflation for a While," highlighted "Economists say rents will eventually moderate. Question is when?" Also Tuesday, data from the US Census Bureau showed housing starts were stronger than expected during August.
- Ford (F) - The company warned inflation-related costs during the third quarter would be $1 billion higher than the automaker's original estimate. Ford said it expects to have about 40,000-45,000 "vehicles on wheels but awaiting parts" by the end of the third quarter. For some perspective, back in May of 2022, Ford had about 53,000 cars on wheels but awaiting parts.
- Rocket Companies (RKT) - A play on interest rate-sensitive sectors. As a provider of mortgages, Rocket Companies operations will be affected by the Federal Reserves' continued rate hikes. The Fed is expected to raise its key interest rate by 75 basis points on Wednesday of this week.
- Livent (LTHM) - A play on a bullish call by an analyst at Piper Sandler. The firm's Charles Neivert set the equivalent of a buy rating on Livent and noted his estimate for a key industry metric was "considerably above" analysts' consensus estimates. The analyst cited a higher price trajectory for lithium.
- BYND Cannasoft Enterprises (BCAN) - Monday and likely Tuesday's low-float momentum du jour name. Shares closed about 30% higher on Monday following news of a deal with a current patent holder for one of BYND Cannasoft's products, Zigi Carmel. The Monday press release showed a price of about $4.74 for BYND Cannasoft. On Tuesday morning, shares of BYND Cannasoft continued another 30% higher and last traded over $7.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$RCL, $GNRC, $DRI, $TPHS, $FOXO
- Royal Caribbean (RCL) - A play on a favorable call by an analyst. Barclays' Brandt Montour raised his price targets on Royal Caribbean and Norwegian Cruise (NCLH) Monday morning. The analyst cited easing fuel prices as helping cruise liner's cost structure.
- Generac (GNRC) - A play on the 2022 hurricane season. Generac is a manufacturer and provider of portable and static generators. Generac is viewed as a top way for investors to gain exposure during natural disasters.
- Darden Restaurants (DRI) - The company will report quarterly results on Thursday of this week. Traders and investors can potentially use this company's performance as a way to gauge the overall consumer sentiment in the United States. Darden's restaurant brands include Olive Garden, Bahama Breeze, LongHorn Steakhouse and The Capital Grille.
- Trinity Place Holdings (TPHS) - Monday's penny-stock, low-float momentum play of the day. Shares were up 20% on heavy volume but no news.
- FOXO Technologies (FOXO) - A new issue as of Friday. Shares began trade following the completion of a special purpose acquisition corporation (SPAC) deal with Delwinds Insurance. FOXO is involved in the epigenetics space; one of the company's main missions focuses on human-life longevity.
We're always looking for ways to make this content better!If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Ford (F) - A way to play the Biden administration's recent bill to create more incentives for electric vehicle charging infrastructure. In a research note Wednesday, Wedbush analyst Dan Ives said, "A nationwide charging network is a key missing piece in the puzzle around longer-term [electric vehicle] initiatives within the U.S. for the Detroit 3."
- Costco (COST) - A company and stock which can be used to gauge the health of the US consumer. Costco will report quarterly results on Thursday of next week.
- lululemon athletica (LULU) - A play on a recent bearish call by an analyst. In a note Wednesday, a Jefferies analyst reportedly classified lululemon's last-quarter performance as potentially "peak." The analyst reiterated the equivalent of a sell rating on lululemon shares.
- SoFi Technologies (SOFI) - A way to gain exposure to a potential boom related to student debt being refinanced. A B Of A analyst on Wednesday upgraded SoFi shares related to the student debt refinancing thesis.
- Heartbeam (BEAT) - A penny-stock, low-float, momentum play of the day. Shares were up more than 50% following news the company was granted a patent for an electrocardiogram patch monitor intended for detection of heart attacks and complex cardiac arrhythmias.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Check Out the BZ Cannabis Show LIVE here
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Apple (AAPL) - A quick look at the most popular options contracts in Apple. On the call side, this week's $170 contract had the highest open interest; on the put side, this week's $125 contract had the highest open interest.
- AutoZone (AZO) - A play on a retailer in the auto parts/accessories space. The company will report quarterly results on Monday of next week.
- Comstock (LODE) - A play on battery recycling. At the end of August, a Comstock unit, LiNiCo, received an operating permit in the state of Nevada to allow for recycling of lithium-ion batteries. One of the front page stories on the Wall Street Journal Wednesday highlights "Battery Recycling Race Heats Up After Inflation Reduction Act."
- Greenlane Holdings (GNLN) - A play on cannabis vaporizers and accessories. The company's President, Craig Snyder, will interview at Benzinga's Cannabis Capital Conference Wednesday at about 1:50 p.m. EDT.
- The Duckhorn Portfolio (NAPA) - A play on wine and vineyard real estate. Shares of a potential peer in the space, Vintage Wine Estates (VWE), were one of Wednesday morning's biggest losers. Shares traded down more than 30% following inline quarterly sales but 2023 guidance which was concerning.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Check Out the BZ Cannabis Show LIVE here
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Twitter (TWTR) - Company shareholders will vote for the proposed deal with Elon Musk Tuesday, after 1 p.m. EDT. Shareholders are expected to approve the deal by a wide margin. The next stop on the deal's journey will be in the hands of a Delaware judge, who will oversee court proceedings expected for October. Sources have said the Musk/Twitter trial will spend about five days in court.
- Nautilus (NLS) - A play on the fitness equipment market. Headlines within the industry Tuesday highlighted news out of Peloton (PTON) the company's Chair, John Foley, will step down from his role. Nautilus is considered a peer to Peloton; Nautilus's brands include bike company Schwinn, digital fitness brand JRNY and circuit training equipment provider Bowflex.
- urban-gro (UGRO) - A play on the cannabis market. The company is an architectural, engineering and cultivation integration company for the commercial cannabis market. The company's co-founder and CEO, Brad Nattrass will interview at Benzinga's Cannabis Capital Conference Tuesday at 2:40 p.m. EDT.
- CleanSpark (CLSK) - A way to gain exposure to microgrid energy resources. The company describes itself as a software provider allowing "a microgrid to be scaled to the user's specific needs for implementation across commercial, industrial, military, agricultural, and municipal deployment." Company Chair Matthew Schultz will interview on Benzinga's "Stock Market Movers" YouTube show Thursday at 1:15 p.m. EDT.
- American Rebel Holdings (AREB) - A penny-stock, low-float play on gun and self-defense storage and carry products. Shares traded up about 24% on Tuesday morning despite no news. The issue has around 5 million shares in its float.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- fuboTV (FUBO) - A play on sports betting. The company provides live-streaming software for sporting events, with options to bet alongside games in tandem. A top story from over the weekend: Disney (DIS) CEO Bob Chapek said company management is working "very hard" on a sports-wagering app and that sports betting is a reason to keep ESPN under the Disney umbrella.
- Union Pacific (UNP) - A play on the railroad industry. Analysts at B Of A Securities upgraded shares of Union Pacific Monday morning. Analysts at the firm now rate Union Pacific a Buy.
- Nikola (NKLA) - A play on a rumor from Friday. Alert service TheDeal suggested Nikola could be the target of a takeover by large automotive companies. Nikola is a manufacturer of electric vehicle drivetrains, battery-electric and hydrogen-electric vehicles.
- SNDL Inc. (SNDL) - A play on the cannabis industry. SNDL CEO Zach George will be participating in a notable panel discussion this week at Benzinga's Cannabis Capital Conference. George will be joined Tuesday afternoon with Flora Growth (FLGC) CEO and Akanda (AKAN) CEO to discuss "M&A Fever: Consolidation Heating Up in Canada & Europe." Benzinga's Cannabis Capital Conference is happening in Chicago Monday through Wednesday of this week. Find out more info by checking out the agenda here.
- Pennsylvania REIT (PEI) - A nano-cap play on the real estate industry. Shares saw momentum to end last week's session and closed up 8%. Shares were up another 14% on Monday. This is a low-float play; the issue has about 5 million shares in its float.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$LULU $TWTR $KR $WDC $NIO
- lululemon athletica (LULU) - Shares were up 10% following better-than-expected quarterly results and, importantly, raised 2022 guidance. Analysts were overwhelming optimistic on lululemon moving forward.
- Twitter (TWTR) - Notable tech analyst, Gene Munster of Loup Ventures, discussed news out of Twitter to finally allow an edit button for tweets. The feature will be available for users of a premium Twitter service costing about $5 per month. Munster, doing the math on the likely users who will utilize the edit feature, estimated Twitter adding an edit button could boost the company's 2023 sales by as much as $150 million. Munster said he was hoping the feature would have added more in sales.
- Kroger (KR) - A gauge of the US consumer. One of the the US's largest grocers, Kroger will report quarterly results on Friday of next week.
- Western Digital (WDC) - A play on a worsening outlook for the chip storage sector. To end this week, analysts have been warning about concerning data impacting the cloud and data center computing spaces.
- NIO, Inc. (NIO) - A gauge of the Chinese consumer. NIO is a top-3 manufacturer of electric vehicles in China. The company will report quarterly results on Wednesday next week.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$NVDA $GME $SNOW $COUP $HPCO
- NVIDIA (NVDA) - Expert options trader and Benzinga maven, Nic Chahine, in his chat room on Benzinga Pro, discussed NVIDIA and Advanced Micro Devices (AMD) as a couple stocks to watch to gauge clues about investors' appetites for risk. Nic said he would also look to small-cap stocks as another way to consider the cues investors are giving about their willingness to seek risk.
- GameStop (GME) - Will report quarterly results on Wednesday of next week. The company will be out with their figures after market close.
- Snowflake (SNOW) - A software play and potential peer for Okta (OKTA). Shares of Okta traded down nearly 20% in Thursday's pre-market session following weak earnings and concerning guidance.
- Coupa Software (COUP) - A software company with upcoming earnings. The company will report results on Tuesday of next week. Analysts at Citigroup initiated coverage on the stock Thursday morning ahead of next week's earnings. Citigroup set its recommendation on Coupa at Buy.
- Hempacco (HPCO) - An initial public offering (IPO) from earlier this week. After pricing at $6 per share on Tuesday, shares closed Wednesday's session around $5.50. The stock was up more than 50% Thursday morning to over the $7.50 level. The company is a manufacturer and seller of nicotine-free and tobacco-free alternatives to traditional cigarettes.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
In general, utilities stocks are considered to be a stable investment given a lack of volatility in their stock prices. This lack of volatility stems from the stable demand utilities companies enjoy; citizens will always need power fed into their homes.
Another advantage: consistent dividend yields. While the dividend payments of stocks related to utilities companies aren't often very high, investors tend to be more attracted to these companies dividend payments given how consistently payments are made.
$DTE $PCG $ED $SO $EXC
- DTE Energy (DTE) - The electricity and gas provider for much of metro Detroit and its about 4 million residents. About 50% of the power generated by DTE comes from coal, about 20% comes from nuclear and about 17% comes from natural gas. The stock's dividend yield is around 3%.
- PG&E Corp. (PCG) - The electric and gas provider for middle and northern California. While many utilities stocks are viewed as stable investments, PG&E recently showed investors a dramatic example of the potential downside related to investments in utilities companies: concerns with the safety of a utilities equipment and its impact on the natural environment. Shares fell from around the $70 level in 2017 to around the $10 level by 2019 following the utilities involvement in California wildfires.The stock's dividend yield is 3%.
- Consolidated Edison (ED) - The provider for the New York City and New Jersey metro area. The stock's dividend yield is 3.5%.
- Southern Co. (SO) - The provider for a portion of the southeast United States, including Georgia, Alabama, Mississippi and Tennessee. The stock's dividend yield is just under 4%.
- Exelon (EXC) - The parent company of Commonwealth Edison, the energy provider for the Chicago metro area. The stock's dividend yield is 3%.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
BIDU, ADP, CRWD, RDW, BCDA
- Baidu (BIDU) - A sympathy play following strong earnings by Chinese e-commerce platform, Pinduoduo (PDD). Pinduoduo shares traded up about 6% following the news. Baidu, considered "the Google of China," will report quarterly results on Tuesday before market open.
- Automatic Data Processing (ADP) - A way to gain exposure to the jobs market. ADP is a provider of payroll and human capital solutions. Investors and traders will receive jobs data this week: on Wednesday at 8:15 a.m. EDT, ADP will issue its payroll figures for the month of August; the US government's Bureau of Labor Statistics will release non-farm and private-sector jobs data on Friday at 8:30 a.m.
- CrowdStrike (CRWD) - A cybersecurity software provider. The company will report quarterly results on Tuesday after market close. CrowdStrike has been a long-time favorite among the retail investing crowd.
- Redwire (RDW) - A component manufacturer for space missions. A top story from Monday: NASA will delay its Artemis I launch due to issues with one of the rocket's engines. Redwire provides navigation and imaging technology on the Artemis I lunar project.
- BioCardia (BCDA) - A play on an upcoming clinical trial date. The Data Safety Monitoring Board of one of the US governments pharma branches will review BioCardia's candidate for a heart failure procedure on Tuesday of this week.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- VF Corp. (VFC) - This apparel company's brands include cooler weather names like The North Face, Timberland and Smartwool. The company is also parent to notable brands Vans and Supreme.
- Lowe's (LOW) - A play on fall-time home and yard clean up. Get ready to start seeing the telltale bags for yard waste (like leaves!) at curbsides.
- Solo Brands (DTC) - The parent company of Solo Stove, an innovator in the fire pit and bonfire industry. Solo Stove offers a variety of fire pits and camp stoves for consumers, as well as many accessories for their pits.
- Camping World (CWH) - A play on camping and recreational vehicle (RV) travel during the autumn. In addition to its RV-related segments, Camping World also owns apparel brands Gander Outdoors and Erehwon Mountain Outfitters.
- Party City (PRTY) - A way to gain exposure to Halloween. Party City is the parent company of Halloween City, a seasonal retailer focused on providing costumes and other Halloween-related accessories.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$INTC $LEN $UEC $VUZI $LGVN
- Intel (INTC) - Shares have failed to move in sympathy with NVIDIA (NVDA) following NVIDIA's quarterly miss, reported Wednesday evening. NVIDIA shares were down about 3% in pre-market action; Intel shares traded modestly higher.
- Lennar (LEN) - A play on a less favorable housing market. Analysts at Bank Of America downgraded shares of Lennar to the equivalent of a sell rating Thursday morning. The homebuilder is expected to report quarterly results midway through September.
- Uranium Energy (UEC) - Uranium-related stocks saw upside on Wednesday following a report Japan may shift back toward nuclear power. Benzinga mentor and expert trader, Anne-Marie Baiynd, described the news as "big" but noted that yesterday's upside in the space might have been "very overdone."
- Vuzix (VUZI) - A play on augmented reality. The company released the second major product iteration of its augmented reality glasses, the Vuzix Blade 2 smart glasses. The glasses are used in commercial, industrial and medical application.
- Longeveron (LGVN) - A play on a momentum stock with news. In an exclusive Benzinga Pro-first news item, Longeveron received an intent-to-grant notice from the European Patent Office for its Lomecel-B therapy. Shares were up 7% in pre-market action.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$TWTR, $PTON, $AFRM, $CE, $LYL
- Twitter (TWTR) - Shares of Twitter closed Tuesday's session down about 7% following a report a former company employee turned whistleblower alleged Twitter's management of reckless and negligent policies. We will discuss several hot takes related to this news item on today's daily Stocks To Watch podcast. Tune in live on Benzinga's Twitter around 9:30 a.m. EDT or listen to the podcast on Spotify or Apple after 10 a.m.
- Peloton (PTON) - The stock was up 7% in pre-market action Wednesday following news the company's bike and accessories will now be available in Amazon's (AMZN) US stores.
- Affirm (AFRM) - A Wall Street darling during the COVID pandemic turned Wall Street dog. The company will report quarterly results on Thursday after market close. An analyst at Morgan Stanley on Wednesday maintained the equivalent of a buy rating ahead of the company's results.
- Celanese (CE) - A Tuesday-morning report out of research shop Gordon Haskett speculated Warren Buffett could be looking at Celanese for an investment. Shares closed up 4% amid the report.
- Dragon Victory (LYL) - Wednesday's penny stock momentum play of the day. Shares were up 23% on no news. The issue has around 20 million shares in its float.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
For Nic Chahine's Options Program : Email Ryan Faloona at ryanfaloona@benzinga.com
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Salesforce.com (CRM) - A way to gain exposure to the messaging and communication software space. Salesforce owns Slack, a communication platform that rivals companies like Zoom Video (ZM) and Microsoft's (MSFT) Teams.
- Range Resources (RRC) - A play on new highs in natural gas prices. Range Resources is an exploration and production company focused solely on the Marcellus Shale area of the US Appalachian region.
- Brookfield Asset Management (BAM) - An ancillary play on the expansion of the semiconductor industry within the US: real estate and commercial property. On Tuesday, Intel (INTC) signed a $30 billion funding partnership with Brookfield to finance Intel's chip-factory expansion.
- Blink Charging (BLNK) - A play on electric vehicle charging infrastructure. Blink Charging founder, Chairman and CEO, Michael Farkas, will interview on Benzinga's "Stock Market Movers" YouTube show Wednesday at 1:15 p.m. EDT.
- Mobilicom (MOB) - A play on an upcoming initial public offering (IPO). Shares are expected to open for trade on Thursday of this week. According to IPO Scoop, Mobilicom describes itself as a provider of hardware and software cybersecurity solutions for application in drones and unmanned aerial vehicles.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
For Nic Chahine's Options Program : Email Ryan Faloona at ryanfaloona@benzinga.com
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
The second-quarter earnings season is finally sputtering out. By the end of this week, the very large majority of publicly-traded companies will have reported their last-quarter performance.
There will be several notable earnings reports this week, including:
- Palo Alto Networks (PANW) - The company will report Monday after market close.
- Macy's (M) - Tuesday before market open.
- XPeng (XPEV) - Tuesday before market open.
- Nordstrom (JWN) - Tuesday after market close.
- Snowflake (SNOW) - Wednesday after market close.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
For Nic Chahine's Options Program : Email Ryan Faloona at ryanfaloona@benzinga.com
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Apple (AAPL) - A call on a near-term top in the stock. Options expert and Benzinga maven, Nic Chahine, in his chatroom on Benzinga Pro, told members of his community he put on a short position in Apple via options. Nic said he needs Apple to be at or under the $185 level by the end of September.
- Disney (DIS) - A Wall Street Journal article Friday morning highlighted news from earlier this week that famed hedge fund manager and activist, Third Point's Dan Loeb, could be pushing for Disney to spin off its all-important ESPN unit.
- NIKE (NKE) - A sympathy play following strong quarterly results out of Foot Locker (FL). Shares of Foot Locker were up more than 20% in pre-market action Friday.
- Roblox (RBLX) - A play on the metaverse. A report early Friday morning suggested Roblox poached a seasoned exec from Meta Platform's (META) Facebook, Steve Park, former head of the company's government relations in South Korea and Japan.
- GigaCloud Technology (GCT) - A play on an initial public offering (IPO) from Thursday. A provider of business-to-business (B2B) ecommerce solutions for large parcel merchandise, the company's shares closed Thursday's session at $15.69 after opening at $12.25 per share. The stock was up more than 60% Friday morning to around the $25 level.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$NVDA $ZM $BFAM $CMPS $BBIG
- NVIDIA (NVDA) - Will report quarterly results Wednesday next week. The company will likely report its earnings around 4:20 p.m. EDT.
- Zoom Video Communication (ZM) - The company will publish quarterly results on Monday, Aug. 22, 2022 after market close.
- Bright Horizons Family Solutions (BFAM) - An interesting play on the work from home trend. Morgan Stanley discussed the company and stock in a research note Thursday morning. Analysts at the firm called Bright Horizons shares their highest-conviction recommendation to gain some bearish exposure. To hear more details from the Morgan Stanley call, tune into Benzinga's daily Stocks To Watch podcast around 9:30 a.m. EDT on Twitter or after 10 a.m. on Spotify or Apple.
- COMPASS Pathways (CMPS) - A play on psychedelics. Shares of peer in the psychedelics space, MindMed (MNMD), traded up about 70% in pre-market action. The Benzinga Pro newsdesk team did not identify news to justify the move higher in MindMed. Shares of MindMed and COMPASS Pathways have been known to trade relatively correlated.
- Vinco Ventures (BBIG) - A favorite among the Benzinga Pro user community. Shares have more than doubled so far this week following news Monday of a partnership with AIPros for social media. Momentum has continued each day following the news.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$TGT $GME $GPS $MKTX $FAMI
- Target (TGT) - Shares were down about 2% Wednesday morning following the company's quarterly results. A decline in the company's margins weighed on the stock. Tune into Benzinga's daily Stocks To Watch podcast (around 9:30 a.m. EDT on Twitter or LinkedIn or around 10:30 a.m. on Spotify or Apple) to see an in-depth analysis of the results and how investors might interpret the release.
- GameStop (GME) - A sympathy play amid increased retail investor attention on another meme stock, Bed Bath & Beyond (BBBY). Bed Bath & Beyond shares closed Tuesday's session up 30%; the stock was up another 30% Wednesday morning. The Benzinga Pro newsdesk team could not identify news related to Bed Bath & Beyond to justify the sharp move higher.
- Gap (GPS) - The target of speculation from trader alert service Dealreporter Tuesday morning. The service suggested Gap could be shopping its Athleta unit. Importantly, shares moved over the $11 level following circulation of the chatter but couldn't close over the $11.50 level Tuesday.
- MarketAxess (MKTX) - A play on a fixed-income exchange. Analysts at Rosenblatt kicked off coverage of the stock Wednesday morning and set a Sell rating. In contrast, Rosenblatt started coverage on a peer in the fixed-income exchange space, Tradeweb (TW), with a Buy rating.
- Farmmi (FAMI) - A peer play in the superfood space following news Laird Superfoods (LSF) received a go-private offer. Laird and Farmmi are both producers and distributors of several kinds of edible mushrooms.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
$KSS $XSPA $GENI $GIGM $VLD
- Kohl's (KSS) - A play on upcoming earnings. The company will report quarterly results on Thursday before market open. Reminder: Kohl's was recently the target of a takeover approach but the talks with Franchise Group (FRG) were abandoned.
- XpresSpa (XSPA) - Shares were trending on communication platform Discord recently. On Monday, the company won a contract to expand the Center for Disease Control's (CDC) traveler-based SARS-CoV-2 genomic surveillance program in US airports.
- Genius Sports (GENI) - A niche way to play sports betting. Analysts at Needham commented favorably on the company Tuesday morning following Genius quarterly results. Needham believes Genius "plays a crucial role in the sports betting process facilitating the transfer of data from sports leagues to sports books and should benefit from the rising tide of sports betting globally."
- GigaMedia (GIGM) - Highlighted in one of Benzinga Pro's chat rooms as "getting pushed by a room." Shares closed up more than 40% on Monday and were up another 15% Tuesday morning despite no news. Tune into Benzinga's daily Stocks To Watch podcast (around 9:30 a.m. EDT on Twitter or on Spotify after 10:30 a.m.) to hear more insight on what "pushed by a room" means and why this perspective is important.
- Velo3D (VLD) - A potential sympathy play following news American Air (AAL) signed an agreement to buy Overture aircrafts from Boom Supersonic. Velo3D is a manufacturing partner for Boom. Shares of Velo3D have been known to move on news related to Boom Supersonic.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Baidu (BIDU) - In one of Monday morning's biggest stories, Chinese regulators cut the nations key interest rate following concerning retail and factory data. Shares of Chinese main stays like Baidu and Alibaba (BABA) traded down about 2%.
- Toll Brothers (TOL) - A play on housing. Macro events and economic data points will be relatively quiet this week and next week. Housing will see several notable data points, however: on Monday, the National Association of Homebuilders will give its index reading; on Tuesday, housing starts and building permits data will be released; on Thursday, existing home sales data will be out.
- Palo Alto Networks (PANW) - Analysts at Morgan Stanley gave some concerning commentary Monday ahead of Palo Alto's upcoming Q4 results next Monday, Aug. 22. Tune into Benzinga's daily Stocks To Watch podcast later Monday morning to hear details of the Morgan Stanley commentary.
- Plus Therapeutics (PSTV) - One of Monday morning's biggest winners. Shares of this penny stock were up about 75% following news of favorable trial results for the company's brain cancer candidate. Note that the issue is in low-float territory; Plus Therapeutics has about 23 million shares in its float.
- Graphex Group Limited (GGL) - A play on an upcoming initial public offering (IPO). Shares are expected to begin trade on Tuesday of this week. According to info from IPO Scoop, the company describes itself as a manufacturer of graphite products that are used primarily in lithium-ion batteries for electric vehicles and clean energy storage solutions.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Petrobras (PBR) - Shares were down more than 15% in Friday's pre-market session following news the company will cut prices for its diesel gas.
- Repligen (RGEN) - The target of a recent rumor. Shares spiked higher on Thursday following chatter the company rejected a takeover offer from Catalent (CTLT). The stock immediately saw profit taking following the rumor and spike and closed about 4% lower. The Benzinga Pro newsdesk team could not verify the source of the rumor.
- Veru (VERU) - A stock mentioned as "worth watching" in the Benzinga Pro #swimmers chat. Shares closed up more than 30% on Thursday following the company's quarterly results. The stock traded as high as $18 on Thursday and flirted with the $16 level Friday morning.
- Constellation Brands (STZ) - A niche way to play the cannabis market. Constellation Brands owns a nearly 40% stake in major cannabis name Canopy Growth (CGC). CNBC's Jim Cramer highlighted this nugget of info on his "Mad Money" show Thursday evening.
- Freshpet (FRPT) - A play on pet food. Anecdotally, many stores in the metro Detroit area have been largely sold out of Fresh Pet over the last few weeks.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Mark Cuban Exclusive
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Qualcomm (QCOM) - Company CFO Akash Palkhiwala will interview on Benzinga YouTube show "Stock Market Movers with Money Mitch" Thursday at 1:30 p.m. EDT. If you have questions for the Qualcomm CFO, jump in the YouTube chat; our team has moderators standing by to field audience questions and get them over to the Benzinga interviewers.
- HIVE Blockchain (HIVE) - A way to play cryptocurrency ethereum. In an exclusive interview with Benzinga, billionaire business person Mark Cuban discussed reasons he believes bitcoin and ethereum have rebounded recently.
- Getty Images (GETY) - Company CFO Jennifer Leyden will interview on Benzinga YouTube show "Futures Trading" at 11:05 a.m. EDT on Monday of next week.
- Pasithea Therapeutics (KTTA) - Shares were up 20% Thursday morning following breaking news released first on Benzinga's premium news and trading analysis platform, Benzinga Pro. The company announced a pre-clinical vaccine candidate for multiple sclerosis "reduced disease severity, delays onset of illness, while also reducing relapse severity."
- Smart For Life (SMFL) - A penny stock play. Again in news released first on Benzinga Pro, the company reported a 171% year-over-year increase in sales from Amazon.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Electronic Arts (EA) - A sympathy play following news Monday morning NVIDIA (NVDA) issued concerning sales guidance, citing weakness in the company's gaming segment.
- Coinbase (COIN) - A play on upcoming earnings. Coinbase will issue quarterly results on Tuesday after the stock market closes.
- Globalstar (GSAT) - Tuesday-morning chatter heard by the Benzinga Pro newsdesk team suggested an analyst at B. Riley named Globalstar a top pick for 2022. The analyst cited info a "mystery" satellite customer of Globalstar was likely Apple (AAPL).
- Helbiz (HLBZ) - Monday's momentum du jour stock play. Helbiz has recently been a trending stock among retail investors on social media. After the stock closed up more than 100% Monday, shares were up another 20% Tuesday morning. The issue is in low-float territory, with about 17 million shares in its float.
- Corteva (CTVA) - A top pick in the chemicals space by an analyst at Morgan Stanley.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Disney (DIS) - Will report quarterly results on Tuesday. The company has normally reported its results around 4:05 p.m. ET.
- Ford (F) - In a weekend feature on the Wall Street Journal, Ford's director of quality, Josh Halliburton, was highlighted as having shifted the automaker's focus to quality as the top concern. The article highlighted recent recalls at Ford and noted Halliburton's goal to make Ford "a quality leader."
- Bed Bath & Beyond (BBBY) - A top trending ticker on social media over the weekend. Over the last month, the Benzinga Pro newsdesk team began tracking top trending tickers on communication platform, Discord. To find this trending data daily, search "Discord" in the search field of Benzinga Pro's News tool.
- Roblox (RBLX) - Will publish quarterly results on Tuesday after market close. Analysts expect a loss of about $0.21 per share on sales just under $650 million.
- Magic Empire Global (MEGL) - One of the most-discussed stocks on Friday. Shares of Magic Empire began trade on Friday at around $50 after the initial public offering (IPO) priced at just $4. Shares closed near $100 Friday and were up another $100 Monday morning. The company is a financial services provider in Hong Kong. Traders are likely taking to the issue due to its low-float nature; the issue has around 7 million shares in its float, according to data on Benzinga Pro.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- Palantir Technologies (PLTR) - The company will report quarterly results on Monday before market open. Analysts expect earnings of $0.03 per share on sales of about $470 million.
- Seagate Technologies (STX) - A play on weakening demand in the memory space. Following quarterly results Thursday afternoon, Seagate peer in the memory space, Western Digital (WDC), warned consumer spending for both flash and HDD memory has softened recently.
- Marqeta (MQ) - Shares fell sharply Thursday morning following a report Fidelity National (FIS) -- not Marqeta -- won some business with Block (SQ). Sell-side analysts responded to the report Friday morning; several firms were out in defense of Marqeta, saying the business win was for routing of services and not related to issuance of services.
- Hyliion (HYLN) - A play on downside in peer in the hydrogen fuel cell vehicle space, Hyzon Motors (HYZN). Hyzon shares were down more than 30% Friday morning following news an independent group of company Board members would conduct an investigation to review internal controls and the timing of sales recognition.
- Houston American Energy (HUSA) - A play on attention in low-float stocks with companies in the small-cap petroleum space. Shares of sympathy play with Houston American, US Well Services (USWS), were impacted by a stock split Friday morning.
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
- AMC Entertainment (AMC) - The company will report quarterly results after market close Thursday. Reminder: AMC CEO Adam Aron, at the beginning of July, tweeted to speak directly to retail investors, saying a "pounce" - an attack on short sellers following a favorable news item - would not happen before the company's next-quarter results.
- Rivian (RIVN) - A play on downside in peer in the consumer electric vehicle space, Lucid (LCID). Lucid reported a quarterly sales miss and lowered its 2022 vehicle production guidance sharply, from about 13,000 vehicles to around 6,500 vehicles. Lucid shares were down about 13% amid the news.
- Mullen Technologies (MULN) - Company CEO, David Michery, will interview on Benzinga's "Stock Market Movers With Money Mitch" YouTube show Thursday afternoon. Tune in to Benzinga's YouTube channel at 1:30 p.m. EDT to see and hear the interview.
- Quoin Pharma (QNRX) - A top-trending ticker on Twitter Thursday morning. Shares closed up more than 300% on Wednesday. The Benzinga newsdesk team did not find news to justify the move in Quoin shares. According to data on Yahoo! Finance, the issue has less than 500,000 shares in its float - a very "low float" stock.
- Beam Therapeutics (BEAM) - A potential sympathy play following a report Wednesday afternoon peer in the gene editing/blood therapeutics space, Global Blood Therapeutics (GBT), could be drawing takeover interest.
edit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$NFLX $DKNG $IMOS $HQI $BTBT
- Netflix (NFLX) - A short idea given by Benzinga maven and expert trader, Anne-Marie Baiynd. Baiynd, in her chat room on Benzinga Pro, said she played Netflix options as a short iron condor trade.
- DraftKings (DKNG) - A stock mentioned by several traders in Benzinga Pro's #swimmers chat Wednesday morning. The company will report quarterly results on Friday of this week.
- ChipMOS Technologies (IMOS) - A semiconductor company based in Taiwan. In one of Wednesday morning's top stories, US House Speaker Nancy Pelosi visited Taiwan to reassure authorities and citizens the US will stage an "ironclad" defense of the nation as China has continued to make threats toward Taiwan.
- HireQuest (HQI) - A play on a still-strong labor market amid a weakening economy. HireQuest provides staffing services in 36 states in the US.
- Bit Digital (BTBT) - A play on bitcoin mining. In a top story from the Wall Street Journal Wednesday, the US Senate is planning to propose legislation that would place bitcoin under the watch of the US's top commodities regulator.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
The earnings are coming in hot this week!
The following companies will be reporting their quarterly results:
- Alibaba (BABA) - Will report Thursday before market open. Analysts expect earnings of $1.52 per share on sales just over $30 billion.
- eBay (EBAY) - To publish results Wednesday after market close. Several sell-side analysts recently lowered estimates on eBay. One analyst noted foreign exchange headwinds will likely impact the company's gross merchandise value. Another analyst highlighted that while the company's management has recently put forth some intriguing ideas to potentially innovate, "the transition from a generalist to a category killer will take time."
- Block (SQ) - Will report results Thursday after market close. Analysts expect earnings per share of $0.17 on sales around $4.35 billion.
- Under Armour (UAA) - Will post earnings Wednesday before market open. Analysts at Telsey Advisory Group expect the company to publish in-line results and guidance that will be slightly lower from the previously issued forecast.
- Booking Holdings (BKNG) - Will report results Wednesday after market close.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
$SBUX $ADP $DG $RKDA $RAD
- Starbucks (SBUX) - One of the best stocks to track sentiment of the global consumer. Starbucks will report quarterly results on Tuesday after market close.
- Automatic Data Processing (ADP) - One of the largest providers of payroll employment data in the United States. Ahead of Friday's payroll data out of the US's Bureau of Labor Statistics, a data point provided by ADP will give investors a preview into the current state of the job market. ADP releases its labor data on payrolls at 8:15 a.m. EDT on Wednesday of this week.
- Dollar General (DG) - A play on changing consumer sentiment. One of the cover stories on the Wall Street Journal Monday morning suggested "People Start Buying More Essentials at Dollar Stores."
- Arcadia Biosciences (RKDA) - A play on improving yields for crops. The company describe itself as enhancing "farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health, and wellness products." After several months of interference due to the Russian aggression, Ukrainian authorities have this week begun shipping grain again.
- Rite Aid (RAD) - A play on an intersection of two news items from Friday of last week. Rite Aid shares closed up nearly 8% last week amid chatter peers in the pharmacy space, Walgreens (WBA) and CVS (CVS), could be interested in purchasing Teladoc (TDOC). Also, Dealreporter speculation was circulated suggesting activist investors could be taking a look at Rite Aid.
Hosts:
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
The Federal Reserve is expected to increase its benchmark interest rate 75 basis points Wednesday afternoon.
The Fed's decision will be released at 2 p.m. EDT sharp, followed by a press briefing with Fed Chair Jay Powell at 2:30 p.m.
Powell's briefing is broken down into a couple sections:
- prepared remarks that will largely match the statement the Fed releases with its interest rate decision and
- a question and answer section, which will take up the majority of the press briefing.
Here are five ideas for stocks in rising interest rate environments:
- Goldman Sachs (GS) - Big bank stocks are often some of the very first stocks to react following an interest rate decision. Big banks utilize interest rates for many different types of investments and loans. In addition, many of the big U.S. banks are included in the major stock indices and thus are more likely to follow an index like the S&P 500.
- Visa (V) - Credit card companies are very sensitive to interest rates as these rates dictate the amount of interest a company like Visa can charge its cardholders.
- Rocket Companies (RKT) - Mortgage companies rely on the Fed's benchmark interest rate to determine mortgage rate for their clients. Mortgage companies will adjust their rates in real time when a key interest rate is changed.
- AllianceBernstein (AB) - Investment managers with a large portion of fixed income assets are likely to benefit in increasing interest rate environments as stocks become less sexy. Moreover, as rising interest rates can initially lead to more volatility in stocks, investors may look to the debt side of the financing world in order to shield against that volatility.
- Bank OZK (OZK) - While regional banks certainly also utilize interest rates to determine their own rates, the likelihood every-day consumers will adjust their banking habits because of interest rate increases is low.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Today's 5 Stock Ideas
- Walmart (WMT) - Analysts at Morgan Stanley maintained the equivalent of a buy rating on Walmart but said "the stock may tread water in the near-term." The firm's analysts still see Walmart as a relatively defensive name amid recession fears given the company's high exposure to the grocery segment.
- McDonald's (MCD) - Cowen analysts liked McDonald's Q2 earnings beat and said the company is "executing well in a challenging global backdrop."
- General Motors (GM) - Wedbush analyst Dan Ives noted GM's Q2 results were inline with expectations but believes the company's management needs to begin "walking the walk" on their long-term electric vehicle plans. Ives said "patience is wearing thin on the Street around the name."
- F5 Networks (FFIV) - Analysts at Needham noted F5's beat and raise quarterly report and pointed out that while expectations for networking companies were ratcheted down recently, demand expectations for F5's segment, software and security, remain strong.
- Cadence Design Systems (CDNS) - Needham called Cadence Design "a bright spot in a gloomy semiconductor industry." The firm raised expectations on Cadence following the company's strong quarterly report.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
This week is the first big week for the Q2 earnings season!
The following companies will be reporting their quarterly results:
- UPS (UPS) - Tuesday before market open.
- General Electric (GE) - Tuesday before market open.
- Boeing (BA) - Wednesday before market open.
- Spotify (SPOT) - Wednesday before market open.
- Ford (F) - Wednesday after market close.
- Qualcomm (QCOM) - Wednesday after market close.
- Pfizer (PFE) - Thursday before market open.
- Roku (ROKU) - Thursday after market close.
- Intel (INTC) - Thursday after market close.
- Chevron (CVX) - Friday before market open.
Find all the breaking earnings info in Benzinga Pro's News tool or on the Squawk!
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Today's 5 Stock Ideas:
- Alphabet (GOOGL) - Shares of the parent company of Google were effected by a stock split Monday morning. The stock price was split 20-for-1, which brought the value from around $2,200 to about $113.
- Boeing (BA) - Shares were up about 4% in pre-market action following news Delta Air (DAL) placed an order for 100 737-10 Boeing aircraft. Delta has an option to potentially order 30 more aircraft from Boeing.
- Cleveland-Cliffs (CLF) - A play on upcoming earnings this week. Cleveland-Cliffs will report quarterly results before market open on Friday.
- Shift4 Payments (FOUR) - A play on recent takeover chatter by alert service Betaville. Shares of Shift4 didn't react sharply when the Betaville report was circulated Friday morning; however, shares closed up nearly 5%.
- Creatd (CRTD) - In exclusive news first issued by the Benzinga Pro newsdesk team, Creatd formed an advisory board in order to consider the potential sale of the company's OG Collection brand.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
- AAPL - "Apple has started trial production of the iPhone 14 and plans to mass-produce it in August, according to people familiar with the matter. Moreover, Apple has told suppliers that the initial sales of the iPhone 14 will be higher than the iPhone 13 a year ago. Apple's expectations are in line with Wall Street analysts' expectations. Today, a growing number of analysts believe that if major economies fall into recession, Apple's iPhone sales could outperform the smartphone industry as a whole." (@Asli
- all of this will be too long for the on-screen display so maybe just grab the last line of the quote, the part i italicized)
- TSLA - will likely report just after 4:05 p.m. EDT
- GNRC - "After conducting a forensic financial review of Generac Holdings, Inc. (NYSE: GNRC), a highly promoted S&P 500 company often pitched to retail investors on CNBC as a play on home standby (back-up) (“HSBs”) and portable power generators during times of a weather crisis and power outages, Spruce Point believes shares are materially overvalued as Generac struggles to suppress core business challenges, while pivoting towards a highly speculative and unproven acquisition spree in clean energy products and services. By the Board’s own admission, Generac’s Chairman and CEO lacks the expertise to implement its strategy shift, which we believe is evident by our research which shows numerous shady M&A deals and partnership decisions" (@Asli
- same thing for this quote: prob put just the italics part on screen)
- FCX - Long PUT butterfly anticipating a continuation of downward price action BOT 5 FCX 22JUL WKLY 25.00 PUTS SLD 5 FCX 22JUL WKLY 23.00 PUTS .25 DEBIT BOT 5 FCX 22JUL WKLY 21.00 PUTS stop .12 tgt .75
Today's 5 Stock Ideas:
- Apple (AAPL) - "Apple has told suppliers that the initial sales of the iPhone 14 will be higher than the iPhone 13 a year ago," according to a report from China's Sina Finance.
- Tesla (TSLA) - Will report quarterly results on Wednesday of next week. Analysts expect earnings of $1.98 per share on sales just over $17 billion.
- Generac (GNRC) - On Friday, Benzinga will interview Ben Axler, the founder and Chief Investment Officer of research shop and short seller, Spruce Point Capital. Spruce Point's latest short report, issued on June 22, targeted Generac. Check out Benzinga's YouTube channel around 1:35 p.m. EDT Friday to see the live interview.
- Freeport-McMoRan (FCX) - A play for continued downside in the stock by Benzinga Maven and world-class trader, Anne-Marie Baiynd. Baiynd, using options as a way to gain exposure to the trade idea, alerted traders in her chatroom on the Benzinga Pro platform she intends to take advantage of the potential "continuation of downward price action" in the stock.
- Biomerica (BMRA) - Shares were up more than 20% in pre-market action following news the company's breast self exam will now be available for sale in Walmart (WMT).
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
- PTON - co did not provide any estimates as to how much it would be saving by exiting bike manufacturing operations. co also said it would pause operations at its Tonic Fitness Tech facility through rest of 2022. PTON acquired Tonic in 2019
- REGN - COVID antiviral treatment would be a competitor to PFE's Paxlovid. refresher from yesterday on FDA panel meetings: FDA panel is not the FDA. panel rules on safety, efficacy and overall recommendation for approval. FDA does not have to abide by panel recommendation. we won't know exact timing of results
- LUV - will report Thurs., Jul. 28. will be one of the last airline copmanies to report
- HUSA - other stocks in the low-priced oil & gas space: IMPP CEI low float: USWS USEG NINE
- ASTR - other space-related stocks: BKSY MNTS RKLB ASTS VORB LLAP PL
Today's 5 Stock Ideas:
Today's 5 Stock Ideas:
- Peloton Interactive (PTON) - Shares rebounded Tuesday morning following a 12% close lower on Monday. Peloton announced it has exited all manufacturing operations for its bikes. The stock was up 5% in pre-market trade.
- Regeneron (REGN) - A play on an upcoming FDA date for the company's COVID-19 antiviral treatment. An FDA panel is scheduled to rule by Wednesday on the treatment.
- Southwest Airlines (LUV) - Ahead of the upcoming earnings season for airline companies (between now and the end of July), an analyst at research shop Susquehanna upgraded shares of Southwest to the equivalent of a buy rating. At the same time, the analyst downgraded peer in the airline space, JetBlue (JBLU), to Neutral.
- Houston American Energy (HUSA) - A sympathy play following news out of Indonesia Energy (INDO). Houston American and Indonesia have been grouped together by traders as both companies operating in the oil and gas space and both stocks are in low-float territory. Indonesia Energy announced the discovery of a possible natural gas reservoir. Shares of Indonesia Energy were up 40% in pre-market action.
- Astra Space (ASTR) - A play on space. NASA will unveil some of its first images from the James Webb space telescope at 10:30 a.m. EDT Tuesday. Visit NASA's YouTube page to see the images released live. Attention on the space industry could create increased interest in space-related stocks.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
- DWAC - reminder: PHUN and CFVI have traded closely with DWAC. these 3 stocks can be considered "Trump plays." CFVI is spac for Rumble video platform (which Trump has used in the past) and PHUN previously had a deal where Trump's campaign was using the company's software service. something interesting to mention: SNAP hasn't been very sensitive to TWTR/Musk news.
- JPM - other notable earnings dates in July: MS Thursday, C, WFC Friday, GS, BAC next week Monday, IBM Monday, NFLX Tues next week, TSLA Wed, UAL Wed, SNAP Thurs, Jul. 21, AAPL will be the last week in Jul., probably the 26th or 27th
- BGNE - how does the FDA panel work? when will we hear results?
Today's 5 Stock Ideas:
- Digital World Acquisition Corp. (DWAC) - A play on competition (or a lack of competition) in the social media space. Big news in the space over the weekend was that Elon Musk terminated his deal to buy Twitter (TWTR). Shares of Digital World, the special purpose acquisition corporation (SPAC) that will merge with Trump Media and its Truth Social social media platform, were up about 15% on the report.
- JP Morgan (JPM) - Will kick off the big bank earnings season on Thursday of this week. Investors can expect JP Morgan's results to be out before 7 a.m. EDT on Thursday.
- Roblox (RBLX) - A play on some positive analyst commentary on Friday of last week. Data-driven research firm, M Science, issued a note that suggested Roblox's could be seeing a strong rebound in year-over-year bookings, a key metric for the company's investors.
- Innoviva (INVA) - A play on consolidation in the pharma space. Innoviva announced it will buy La Jolla Pharma (LJPC) in about a $150 million deal, or about $6.23 per share.
- Beigene (BGNE) - A play on an upcoming FDA date. An FDA panel is scheduled to review Beigene's esophageal squamous cell carcinoma treatment candidate on Tuesday of this week.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Today's 5 Stock Ideas:
- AMC Entertainment (AMC) - A play on company CEO Adam Aron hinting at an upcoming catalyst within the next month or so. On Thursday, Aron tweeted a comment targeted at the retail investing crowd. Some investors believe the tweet could point to a possible upcoming short squeeze in AMC stock.
- Occidental Petroleum (OXY) - A favorite by legendary investor Warren Buffett. Over the last two weeks, Buffett's Berkshire Hathaway increased its stake in Occidental by about 20 million shares. Berkshire's total stake in Occidental now sits at around 175 million shares, or about $11 billion.
- Spotify (SPOT) - A play on increasing competition in the podcast space. On Thursday, a report suggested Twitter (TWTR) is working on an in-app podcast player.
- Delta Airlines (DAL) - The company will kick off the Q2 earnings season for airline companies next week. Delta will report quarterly results on Wednesday before market open.
- SIGA Technologies (SIGA) - A stock discussed in Benzinga Pro's #swimmers chat room Friday morning. Shares were up about 4% to over the $14 level in pre-market action following news the company's pox treatment received approval in the United Kingdom.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
- BBBY - something else to keep in mind (besides recent price action): co missed on earnings and sales when it reported its Q1 results on Jun. 29
- USEA - other overseas shippers: EGLE (10M shares), NM (19M shares), ESEA (3M shares), GLBS (19M shares), PXS (4M shares), EDRY (1.5M shares)
- GROV - was being discussed in BZ Pro's #swimmers chat
Today's 5 Stock Ideas:
- iShares MSCI United Kingdom ETF (EWU) - An exchange-traded fund (ETF) play on the United Kingdom. UK Prime Minister Boris Johnson stepped down from his position as the UK's top politician in late-Wednesday news.
- Bed Bath & Beyond (BBBY) - A play on recent buying of company shares by Bed Bath & Beyond execs. Importantly, the insider buying comes as shares have fallen more than 80% over just the last three months. Company filings Wednesday evening showed Bed Bath & Beyond's interim CEO purchased more than $230,000 in company stock and two other execs purchased a combined total near $100,000.
- United Maritime Corp. (USEA) - Wednesday's momentum du jour play. Shares of this low-float Greece-based overseas shipper began trade Wednesday, only to rally nearly 200% on no specific news. According to data on Benzinga Pro, the company's issue has about 1 million shares in its float. The stock was up another 150% in pre-market action Thursday.
- Levi Strauss (LEVI) - A play on upcoming earnings by a popular apparel brand. The company will report quarterly results after market close Thursday.
- Grove Co. (GROV) - A play on the expansion of Grove's products into three major retailers. Shares were up about 7% Thursday morning amid news the company's products will now be available in Kohl's (KSS), Midwest-based Meijer and also Giant Eagle.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
Today's 5 Stock Ideas:
NVDA UBER GIS IINN AUPH
- NVIDIA (NVDA) - Named as a trade idea by Benzinga maven, Anne-Marie Baiynd. Baiynd said she will play NVIDIA as an iron condor given that the stock is "still landlocked with the market and prior congestion."
- Uber (UBER) - A play on the delivery space. Amazon (AMZN) announced it took a 2% stake in peer in the delivery space, GrubHub, owned by JustEatTakeaway.com. Shares of DoorDash (DASH) were down about 8% on the news.
- General Mills (GIS) - With the broader stock market down about 21% since the highs set at the beginning of 2022, consumer staples names like General Mills broke to new highs. General Mills shares were up about 12% since the start of the year.
- Inspira Technologies (IINN) - One of Wednesday morning's biggest winners. Shares of this low-float name were up nearly 90% amid news of a development update related to the company's blood sensor.
- Aurinia Pharma (AUPH) - The stock closed up about 9% Tuesday following a report from Betaville Aurinia has come under spotlight amid "rekindling of takeover speculation."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- General Motors (GM) - A Bank Of America analyst on Thursday noted both GM and Ford (F) will have overtaken Tesla (TSLA) in the electric vehicle market by 2025.
- Kohl's (KSS) - Shares were down nearly 20% in pre-market action Friday following news the company abandoned its sale talks with Franchise Group (FRG).
- NIO Inc. (NIO) - A play on the electric vehicle market in China. The company reported quarterly deliveries of vehicles were up 60% on a year-over-year basis.
- Riot Blockchain (RIOT) - A play on crypto. On Thursday's episode of CNBC's "Fast Money: Halftime Report," notable trader and Benzinga friend, Jon Najarian, said he bought bitcoin and ethereum futures.
- Blueprint Medicines (BPMC) - A listing on the FDA's Access Data website showed Blueprint won orphan drug designation for its mastocytosis treatment.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
- Micron (MU) - The company will report quarterly results on Thursday after market close.
- DoorDash (DASH) - A play on the delivery space following a Wall Street Journal report the parent of DoorDash competitor, GrubHub, is looking to partner for its U.S. operations.
- Wejo (WEJO) - In an exclusive Benzinga breaking news item Tuesday, Wejo announced it will partner with Ford (F) to leverage connected vehicle data across Europe to enable end-to-end insurance offerings.
- TuSimple (TSP) - A play on autonomous driving technology for the freight industry. ARK Invest's Cathie Wood bought more than $1 million in company stock earlier this week. That purchase was the fourth time in June Wood purchased TuSimple shares.
- Aspen Aerogels (ASPN) - One of Wednesday morning's biggest losers. Shares were down more than 25% following news of a $225 million offering by the company. The offering follows news earlier in June of reduced 2022 bottom-line guidance by the Aspen Aerogels.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- Weibo (WB) - In what might be the news of the day Tuesday, Chinese officials eased COVID-related lockdowns. Chinese indices traded up about a percent and a half amid the news, also pushing higher U.S. futures. Weibo shares traded up 1.5% in pre-market action. The company is often times considered "the Twitter of China."
- Robinhood (HOOD) - Shares spiked higher Monday following a Bloomberg report crypto exchange FTX could be moving closer to a takeover of Robinhood. A similar rumor was heard at the beginning of June. FTX founder Sam Bankman-Fried commented to Reuters following the report and said there are currently no active M&A discussions between FTX and Robinhood. Despite the comment from Bankman-Fried, Robinhood shares were up 14% in pre-market action Tuesday.
- Bakkt (BKKT) - Company CEO, Gavin Michael, will interview on Benzinga's "Stock Market Movers with Money Mitch" Thursday at 1:45 p.m. EDT. Check Benzinga's YouTube channel to tune into the interview.
- Helios Technologies (HLIO) - A peer play following news out of Enerpac (EPAC) of a quarterly miss and lowered guidance. While shares of Enerpac were down about 5% in pre-market action Tuesday, Helios shares traded down only about 1%.
- Evofem Biosciences (EVFM) - A stock discussed in Benzinga Pro's chat Tuesday morning. Continuing a rally Monday, Evofem shares were up another 22% Tuesday following news the company reached a deal with an unnamed pharmacy benefit manager (PBM) to ensure most women covered by the PBM's plan can fill their Phexxi prescriptions.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
Today's 5 Stock Ideas:
- Clorox (CLX) - The target of recent activist investor speculation. On Friday morning, alert service Dealreporter offered speculation suggesting an activist investor is involved in Clorox. Traders watching the news and stock took profit in the name within a few minutes of the speculation being circulated.
- JP Morgan (JPM) - A popular stock with the WallStreetBets retail investor Reddit community recently. JP Morgan was the fifth-most discussed stock on WallStreetBets Monday morning, according to Swaggy Stocks.
- Digital Turbine (APPS) - Shares were up 5% Monday morning following news late Friday the stock will be added to the S&P Small Cap 600 index on Wednesday morning.
- Ivanhoe Electric (IE) - An initial public offering (IPO) expected this week. The company is a minerals and exploration development company focused on the electrification industry. The IPO is expected for Tuesday of this week.
- Terran Orbital (LLAP) - Shares of this satellite services company were up about 9% Monday morning following news the stock will be added to the Russell 3000 index.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- NIKE (NKE) - Will report quarterly results on Monday, Jun. 27 after market close.
- New Relic (NEWR) - Shares closed about 6% higher Wednesday following news activist investor of JANA Partners, Barry Rosenstein, raised his stake in New Relic from about 867,000 shares as of June 15 to over 3.5 million shares as of Tuesday of this week.
- SMART Global Holdings (SGH) - A favorite memory pick by Rosenblatt analyst Kevin Cassidy. SMART will report quarterly results on Wednesday of next week. The analyst's price target suggests about 200% potential upside in the stock.
- Worksport (WKSP) - The stock closed up about 10% on Wednesday following news the company launched storefronts for its products on Amazon (AMZN), eBay (EBAY) and Walmart (WMT) Marketplace.
- Blue Hat Interactive (BHAT) - One of Thursday morning's most-discussed stocks among the retail trader crowd. Shares were up 75% to over the $1 level following news the company terminated a shelf offering statement.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- Disney (DIS) - ARK Invest's Cathie Wood sold nearly all of her position in Disney this week, about $7 million worth.
- Thor Industries (THO) - A peer play following earnings out of another recreational vehicle (RV) company, Winnebago (WGO). Winnebago shares traded up about 1% in pre-market action following better-than-expected Q3 results.
- Camber Energy (CEI) - A sympathy play in the low market cap, low float energy space. Trading peer in the group, US Well Services (USWS), announced it will be acquired at about $1.21 per share.
- Ferguson (FERG) - A rumor play from late last week. Deal speculation alert service, Betaville, suggested Ferguson could do a spin off. Shares rallied over the $110 level on the report and remained above that level until this morning. The stock traded around the $107 in pre-market action Wednesday.
- VBI Vaccines (VBIV) - The stock was up 14% following FDA orphan drug designation for its glioblastoma treatment candidate.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- Tesla (TSLA) - CEO Elon Musk said Tuesday the company will cut its salaried workforce by 10% over the next three months.
- Kellogg (K) - Shares were up about 3% in pre-market action following news the company will split into three publicly-traded companies. Kellogg will split into a Global Snacking unit, a North American Cereal unit and a Plant-based unit.
- Exxon Mobil (XOM) - An analyst at Credit Suisse upgraded shares to the equivalent of a buy rating Tuesday morning. The analyst set a $125 price target on the stock.
- Allied Esports Entertainment (AESE) - Benzinga will host one of its Listmaker events this week; players in the eSports industry will be featured, including Allied Esports. Tune into Benzinga's YouTube channel Wednesday at 9 a.m. EDT to get involved in the event.
- Arrival (ARVL) - The company's electric van received certification from the European Union Tuesday. Shares were quiet in the pre-market session.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Ryan and Brent talk about:
Today's 5 Stock Ideas: SNAP STLD BTBT NRDY GMRE
Ryan's Options Picks: LAZR, XLI, DOCU
- Snap (SNAP) - Shares traded up about 2% Friday morning following a report the company is internally testing “Snapchat Plus,” a paid subscription that will give users early access to new features and other abilities.
- Steel Dynamics (STLD) - A sympathy play in the steel space. Shares of Steel Dynamics were up about 2.5% following strong quarterly guidance out of peer in the steel space, US Steel (X).
- Bit Digital (BTBT) - A play on recently-declining bitcoin prices. Since the beginning of May, bitcoin is down about $18,000 to around the $20,000 level. Bit Digital is a bitcoin miner. While bitcoin has fallen around 47% over the last month, shares of Bit Digital have fallen about 43%.
- Nerdy (NRDY) - A play on recent insider buying. Nerdy CEO purchased more than 500,000 shares of company stock this week alone. Shares of Nerdy are up about 50% over the last month.
- Global Medical REIT (GMRE) - A play on a large dividend yield. With a quarterly dividend of $0.21 per share, the stock's dividend yield comes out to nearly 8%.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent talk about:
- Elon at the Twitter town hall meeting!
- Will Twitter HQ Move To Austin TX?
- Big "R" Recession vs "r" Recession?
- Bullish Moves For the FED rates
Elon Musk's Twitter Meet 'Smart Move:' Analyst Lists Likely Questions At Event
BENZINGA EXCLUSIVE: $RICK CEO Eric Langan Talks Plans For Tootsie's, Rick's, The Drake Effect And NFTNYC
Today's 5 Stock Ideas:
- Twitter (TWTR) - Elon Musk will attend a Twitter town hall meeting Thursday. Wedbush analyst Dan Ives was favorable on the fact Musk wants to be involved in the town hall meeting. Ives also suggested several topics that could be discussed at the meeting.
- The Travelers Companies (TRV) - A play on insurance. Insurers historically perform better in rising interest rate environments as their products are tied directly to the Fed's overnight interest rate.
- Cenntro Electric Group (CENN) - A play on lithium-ion battery recycling. On Tuesday, the company announced a partnership with Princeton NuStar Energy for battery recycling.
- RCI Hospitality (RICK) - A play on adult entertainment and dining. Company CEO, Eric Langan, on Wednesday spoke with Benzinga reporter AJ Fabino to go over business prospects for the company. Langan and Fabino discussed a favorite club of rapper Drake, owned by RCI.
- Lennar (LEN) - A play on homebuilding. The company will report quarterly results on Tuesday of next week.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Chris Katje bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Brent and Chris talk about:
Will The Fed Raise Rates By 50/75/more Basis Points?
Today's 5 Stock Ideas:
- Valero Energy (VLO) - US President Biden wrote to execs at major oil players (including Valero) and complained oil companies had reduced oil refining to beef up their profits. “At a time of war, refinery profit margins well above normal being passed directly onto American families are unacceptable,” Biden wrote.
- Baidu (BIDU) - Shares were up about 3% Wednesday morning following a report the company could sell its majority stake in iQIYI (IQ) for as much as $7 billion.
- Snowflake (SNOW) - The subject of Wednesday's biggest sell-side call. An analyst at Canaccord upgraded the stock to Buy and set a $185 price target on Snowflake shares.
- Armada Acquisition Corp. I (AACI) - The special purpose acquisition corporation (SPAC) partner for mobile engagement platform, Rezolve. Rezolve CEO, Dan Wagner, will interview on Benzinga's "Benzinga Live" YouTube show Thursday at 1:15 p.m. EDT.
- Cepton (CPTN) - One of Tuesday's momentum du jour plays. Cepton is considered a "SPAC redemption" play, the result of a recently-completed SPAC deal that has gotten attention and momentum from traders. The stock closed up about 40% on Tuesday and saw some modest profit taking in Wednesday's pre-market session, down about 13%.
Hosts:
Chris Katje Reach out to Chris at https://twitter.com/chriskatje
Benzinga Author, @theroadmapBZ
co-host #nfts #Stocks #spacs #cryptocurrency @benzinga
@travelthemitten founder
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Jun. 14, 2022: GM, COIN, FDX, DIS, MSTR
Today's 5 Stock Ideas:
- General Motors (GM) – General Motors CEO Mary Barra announced that the company will officially unveil the Chevrolet Blazer EV on July 18 with sales expected in spring of 2023.
- Coinbase (COIN) – On Tuesday morning, Coinbase announced a restructuring program to help with operating expenses. Citing a crypto winter and hiring too many people, CEO Brian Armstrong said 18% of the company’s workforce will be cut in the current quarter.
- FedEx (FDX) – Shipping and logistics giant FedEx announced it is raising its quarterly dividend from 75 cents per share to $1.15 per share on a quarterly basis. The increase takes the annual yield from 1.5% to 2.3%. The company reports fourth quarter earnings on June 23.
- Disney (DIS) – The highly anticipated “Lightyear” movie is set for theatrical release on Friday June 17. The movie features a same-sex kiss, which has faced pushback and over a dozen countries are now refusing to show the movie.
- MicroStrategy (MSTR) – Shares of MicroStrategy fell 25% on Monday as the price of Bitcoin collapsed. CEO Michael Saylor has previously said that Bitcoin hitting $21,000 could be the line in the sand for facing a margin call on the company’s Bitcoin holdings. Bitcoin briefly traded below $21,000 Monday night, which could put more pressure on the software company that often trades in correlation with the moves of Bitcoin.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
META, WHR, SFIX, KR, PALT
Options Play
GOGO, PDD, BABA
BZ WireToday's 5 Stock Ideas:
- Meta Platforms (META) - Shares of Facebook officially began trading as Meta Platforms under ticker "META" as of Thursday.
- Whirlpool (WHR) - A contrarian play on inflation. Appliances are considered to be a durable good -- a product that doesn't depreciate quickly. The US Bureau of Labor Statistics Friday morning said core consumer prices rose 6% on a year-over-year basis, slightly higher than the 5.9% economist estimate.
- Stitch Fix (SFIX) - One of Friday morning's biggest losers. The stock was down about 30% following news of a Q3 miss and Q4 guidance that was at the lower end of the analyst consensus estimate range. The company also announced it will cut its workforce by 15%.
- Kroger (KR) - Will report quarterly results on Thursday of next week.
- Paltalk (PALT) - Shares of this penny stock were up about 25% following news the company will buy Visicom's ManyCom assets for about $2.7 million.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- Roku (ROKU) - Shares closed Wednesday's session up 9% following a Business Insider report "Inside Roku, Talk Is Heating up About an Acquisition by Netflix." A KeyBanc analyst Thursday morning downplayed the report and noted, among other things, Netflix (NFLX) management's sentiment in the recent past to be highly focused on content -- something Roku does not have exposure to.
- Zendesk (ZEN) - The company announced the completion of a strategic review period. Zendesk will remain as an independent company moving forward. Shares were down about 4% on the news.
- Spotify (SPOT) - KeyBanc analyst Justin Patterson was bullish on margins for Spotify's music segment moving forward. The commentary follows Spotify's recent Investor Day. Patterson reiterated the equivalent of a buy rating on Spotify; the analyst has a $210 price target on the stock.
- Applied UV (AUVI) - One of Thursday morning's biggest winners. A company distribution partner won a contract to be the sole provider of the Airocide air purification system.
- Senti Bio (SNTI) - A closed special purpose acquisition corporation (SPAC) deal. The company will begin trade on Thursday. Senti Bio describes itself as "building a synthetic biology platform that may enable us to program next-generation cell and gene therapies with what we refer to as Gene Circuits." The company has several pre-clinical candidates focused on cancer.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today's 5 Stock Ideas:
- Tesla (TSLA) - ARK Invest's Cathie Wood has purchased about $35 million in Tesla shares over the last three weeks. Three ARK exchange-traded funds (ETFs) own nearly $1 billion in Tesla shares.
- Target (TGT) - With Target shares down about 30% over the last month, CNBC's Jim Cramer said he would be a buyer of the stock Tuesday evening.
- Blue Owl Capital (OWL) - A play on alternative asset management. A Bank Of America analyst on Tuesday named the stock a play on alternative assets; the analyst also named Blackstone (BX) and Ares Management Corp. (ARES) as ways to play alternative assets.
- CYREN (CYRN) - A low-float play on cybersecurity. Shares were up 40% in pre-market action Wednesday following news the company entered into a deal with Content Services Group to sell all equity interests in its legacy secure email gateway business.
- JanOne (JAN) - Tuesday's low-float momentum du jour play. The stock closed up more than 60% following a patent for its method of improving nerve function. The issue has about 2 million shares in its float.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve, Brent, and Ryan focus on:
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Jun. 7, 2022:
KSS, HOOD, DOCU, HLBZ, BODY
- Kohl's (KSS) - Shares were up 10% Tuesday morning following news publicly-traded holding company Franchise Group (FRG) and Kohl's entered a three-week negotiation period to discuss a potential takeover. The discussed price for Kohl's was $60 per share. Kohl's shares traded around the $46 level in pre-market action Tuesday.
- Robinhood (HOOD) - The company and stock were the target of takeover speculation on Monday. While shares initially moved higher following circulation of the speculation, traders took profit and then some; shares closed down nearly 3%. For more details on the takeover speculation, listen to Benzinga's Stocks To Watch podcast later this morning. The podcast can be viewed on either Apple Podcasts or Spotify and is usually posted to Apple and Spotify around 10:30 a.m. ET.
- DocuSign (DOCU) - One of the most popular stay-at-home stocks during the COVID quarantine, DocuSign will report quarterly results Thursday after market close.
- Helbiz (HLBZ) - A play on mobility, specifically, electric scooters. Shares of Helbiz were up nearly 20% in pre-market action Tuesday following news company CEO bought about $2 million in company stock.
- The Beachbody Company (BODY) - A play on live and streamed fitness and nutrition programs. The company has recently been a top-15 most-mentioned ticker on Reddit's WallStreetBets forum.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve, Brent, and Ryan focus on:
- BABA - other top movers in China space: YMM, BZ, GOTU, YI, DAO
- RUN - other solar stocks: FSLR SPWR CSIQ SEDG NOVA
- LMNR - other citrus/avocado plays: CVGW
Today's 5 Stock Ideas: SBUX BABA DIDI RUN NVAX
- Starbucks (SBUX) - The stock was up 2% Monday morning following news the company's Board is considering external candidates to fill the CEO role.
- Alibaba (BABA) - Shares of many US-traded China-based stocks were higher Monday morning following news Chinese regulators were set to clear their investigation of DiDi Global's (DIDI) cybersecurity. A Wall Street Journal report suggested Chinese officials will lift a ban on DiDi Global new users amid the conclusion of probes.
- Sunrun (RUN) - Solar stocks traded higher following news US President Biden will allow imports of solar panels from Thailand, Malaysia, Cambodia and Vietnam without risk of tariffs for 24 months.
- Novavax (NVAX) - A play on an upcoming FDA date. An FDA panel will meet on Tuesday, Jun. 7 to discuss the company's Emergency Use Authorization request for its COVID-19 vaccine.
- Limoneira (LMNR) - A play on citrus fruit and avocados. The company describes itself as an agribusiness company with segments including Fresh Lemons, Lemon Packing, Avocados and Other Agribusiness. The company will report quarterly results on Tuesday after market close.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve, Brent and Ryan focus on:
- Amazon Set To Split 20:1 - What Does A Close Historical Comparison Say Will Happen Next?
- $NKE PUT Play expires today
- BZ Chart Of The Day: Is AMD About To Break Out?
Friday Gems:
https://www.youtube.com/watch?v=5XWEVoI40sE
https://store.steampowered.com/app/1371720/Card_Shark/
Today's 5 Stock Ideas: $AMZN, $AMD, $PEV, $EFOI, $LILM
Ryan's options Plays: $MAT, $NKE, $CHPT, $TPTX
- Amazon.com (AMZN) - The stock will see a 20-for-1 split as of Monday, June 6. Amazon shares should begin trade on Monday around the $125 level. Check out this Benzinga article to learn about historical performance of key stocks following their stock splits.
- Advanced Micro Devices (AMD) - Named Benzinga's Chart of the Day by Benzinga Trading School instructor Mark Putrino on Tuesday of this week. Mark had identified the $102 level in AMD as a resistance level; over the course of this week, shares broke above that level.
- Phoenix Motor (PEV) - An upcoming initial public offering (IPO) in the electric vehicle space. Phoenix Motor "designs, assembles and integrates electric drive systems and light and medium duty electric vehicles and markets and sells electric vehicle chargers for the commercial and residential markets," according to IPOScoop. The IPO is expected to begin trade next week.
- Energy Focus (EFOI) - A low-float play on light-emitting diodes (LEDs) for maritime application. Shares were up about 20% in pre-market action. The Benzinga newsdesk team did not see news to justify the move higher in the name. The issue has been known to be a no-news volatility play.
- Lilium (LILM) - A play on electric vertical take-off and landing jet (eVTOL). The company will report quarterly results on Tuesday, June 7 before market open.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- CHWY analyst sentiment following report
- analyst estimates on LULU
- ADC local metro Detroit real estate company. ~11% upside to BofA analysts's $78 price target
Benzinga Pro's Top 5 Stocks To Watch For Thursday, Jun. 2, 2022: CHWY, MAT, LULU, ADC, CTO
BZ WireToday's 5 Stock Ideas:
- Chewy (CHWY) - Shares were up nearly 20% Thursday morning following better-than-expected Q1 sales. The stock was a top-trending mention on Reddit's WallStreetBets.
- Mattel (MAT) - The stock was the target of speculation from trading alert service Dealreporter on Wednesday. Dealreporter highlighted takeover speculation in the name. Shares were relatively quiet amid the report. This is one of the oldest Wall Street pieces of chatter; takeover speculation has surrounded Mattel since at least 2014.
- lululemon athletica (LULU) - The company will report Q1 results after market close Thursday. The issue popped up as a top-mentioned stock on Swaggy Stocks' WallStreetBets tracker on Wednesday.
- Agree Realty (ADC) - An analyst at Bank Of America upgraded the stock to Buy Thursday morning.
- CTO Realty (CTO) - A play on an upcoming dividend payment. The company's 7% dividend yield will have an ex-dividend date of Wednesday, June 8.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
Benzinga Pro's Top 5 Stocks To Watch For Friday, May 27, 2022:
HPQ, DIDI, ULTA, MCFT, SPWH
- HP (HPQ) - Will report quarterly results on Tuesday after market close. Warren Buffett recently disclosed an 11% stake in the company.
- DiDi Global (DIDI) - Shares traded about 10% higher Friday morning following a Bloomberg report Chinese automaker FAW Group has considered buying a stake in the company.
- Ulta Beauty (ULTA) - An analyst at Jefferies upgraded Ulta shares to Buy following the company's strong quarterly results and raised guidance Thursday.
- MasterCraft Boats (MCFT) - A play on summer and the boating season! The company designs, manufactures and markets performance sport boats and outboard boats.
- Sportsman's Warehouse (SPWH) - A play on summer! The company is an outdoor sporting goods retailer, offering goods for fishing, camping and many more summer activities.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- BKSY - other stocks that were involved in this news item: MAXR, PL; RKLB (partner for BKSY)
- CONN - other high short interest stocks: HCP BYND FUV GOGO
- WEBR - gas, charcoal, electric grills, wood pellet. grills starting at $400, ranging up to $2k
Benzinga Pro's Top 5 Stocks To Watch For Thursday, May 26, 2022:
$ZS, $BKSY, $CONN, $SPIR, $WEBR
- Zscaler (ZS) - A play on cybersecurity. The company will report Q3 results after market close Thursday.
- BlackSky (BKSY) - In one of Wednesday's hottest news items, the US government's National Reconnaissance Office announced several satellite companies including BlackSky won "billions of dollars" in 10-year spy satellite contracts. BlackSky shares closed up about 97% on Wednesday and were up another 6% Thursday morning.
- Conn's (CONN) - A play on high short interest. According to a proprietary Benzinga tracker, Conn's had the third-highest short interest with about 45% of its float short.
- Spire Global (SPIR) - Another play on the US government contracts for satellites on Wednesday. The company provides "space-based data, analytics and space services for access to datasets and insights about Earth." Shares closed up 20% on Wednesday.
- Weber (WEBR) - A play on summer! A play on barbeque grills.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- Musk stake in TSLA: https://www.sec.gov/Archives/edgar/data/1318605/000089924322015995/xslF345X03/doc4.xml
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, May 25, 2022: TSLA, BABA, HAPP, YOU, COOK
Today's 5 Stock Ideas:
- Tesla (TSLA) - Notable analyst, Bernstein's Tony Sacconaghi, warned Tuesday Elon Musk could be forced to sell Tesla shares in order to cover the cost of buying Twitter (TWTR). Sacconaghi noted that if Tesla shares fell from around the $620 level they are trading near today to around the $500 level, Elon Musk would be about $2.5 billion short of the $12.5 billion he needs to borrow against his Tesla shares to complete the purchase.
- Alibaba (BABA) - The company will report Q4 earnings on Thursday before market open.
- Happiness Biotech (HAPP) - Wednesday morning's biggest winner. A penny stock play. This China-based diversified company mainly focused on nutraceuticals and dietary supplements said it won a cooperation deal with Fujian Yiluba Auto Service to sell 2,000 electric vehicles. If all 2,000 vehicles are eventually purchased, the deal could be valued at up to $30 million.
- CLEAR (YOU) - A play on faster and easier airport security check lanes. The company announced Wednesday its free virtual queuing program will launch at Terminal 4 of JFK International Airport in New York.
- Traeger (COOK) - A play on summer! Traeger produces wood pellet-fueled barbeque grills.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- PINS - SNAP said
- Snap 8-K Shows Co. Warns 'macroeconomic environment has deteriorated further and faster than anticipated' Since Co. Issued Guidance At End Of Apr.
- UPDATE: Snap Sees Q2 Sales, Adj. EBITDA Guidance Below Low End Of Previously-Issued Range
- COST - normally reports around 4:15pm ET
- MSPR - "is a healthcare recoveries and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer."
- AEMD - other monkeypox stocks: INO SIGA TNXP CMRX. how to confirm if these companies are doing anything specific to monkeypox. Center For Disease Control Says Most Cases Of Monkeypox Are West African Strain, This Strain Is 'Milder'
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, May 24, 2022: $PINS, $COST, $MSPR, $AEMD, $DTC
- Pinterest (PINS) - Shares were down 16% in pre-market action following a Q2 warning out of peer in the social space, Snap (SNAP). The Snap guidance also brought down larger social media players like Facebook (FB) and Twitter (TWTR), which subsequently brought the entire stock market lower.
- Costco (COST) - Will report Q3 earnings after market close on Thursday. Shares have fallen about 15% over the last week as many retailers have been reporting disappoint quarterly results.
- MSP Recovery (MSPR) - A recent special purpose acquisition corporation (SPAC) deal with Lionheart Acquisition Corp. II (LCAP). MSP Recovery CEO, John Ruiz, will interview on Benzinga's "Benzinga Live" YouTube show Tuesday at 12:15 p.m. EDT.
- Aethlon Medical (AEMD) - Traders have been circulating this stock as a potential play on monkeypox concerns. While shares of this penny stock have been up nearly 70% over the last couple weeks, the company does not appear to be developing a treatment specific to monkeypox. World Health Organization officials have said the risk of monkeypox to the public is low.
- Solo Brands (DTC) - A play on summer! Solo Brands operates four premium outdoor lifestyle brands: Solo Stove, Oru, ISLE, and Chubbies apparel.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
Benzinga Pro's Top 5 Stocks To Watch For Monday, May 23, 2022:
$NVDA, $RDBX, $CBIO, $VRCA, $CWH NVIDIA (NVDA) - Will report quarterly results Wednesday after market close. * Redbox (RDBX) - One of the most popular stocks among the retail trader group over the last couple weeks. Last week, shares rallied more than 100%. Redbox is a low-float name; the issue has about 10 million shares in its float. * Catalyst Biosciences (CBIO) - Monday morning's biggest winner. Shares were up more than 100% following news the company will sell its complement portfolio to Vertex Pharma (VRTX) for $60 million. * Verrica Pharma (VRCA) - A play on an upcoming FDA date. The FDA is scheduled to rule on the company's new drug application for its molluscum contagiosum and common warts candidate. The ruling date is set for Tuesday. * Camping World (CWH)* - A play on summer! The company "provides services, protection plans, products, and resources for recreational vehicle (RV) enthusiasts across the United States."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- NIO - why is going to a new exchange or index important?
- SIGA - stocks with companies viewed as having candidates on monkeypox treatment: TNXP has candidates for smallpox, horsepox, have not been able to confirm they have monkeypox treatment but it would make sense. INO said yesterday "Inovio Pharmaceuticals Says There Has Been No Further Work Done On Monkeypox Vaccine Since NCBI Publication In 2010; Says Co's DNA Medicines Platform Has The Potential To Allow Us To Respond To Emerging Infectious Diseases"
Benzinga Pro's Top 5 Stocks To Watch For Friday, May 20, 2022:
$NKE, $NIO, $SIGA, $ZM, $ROST
- NIKE (NKE) - A sympathy play following earnings out of Foot Locker (FL). Foot Locker shares traded higher following mixed quarterly results but guidance that was slightly better than expected. NIKE will report its next quarterly results at the end of June.
- NIO (NIO) - Shares traded higher Friday following the addition of the company's stock to the Singapore exchange. China's Hang Seng will also be adding NIO's stock to its index.
- SIGA Technologies (SIGA) - Viewed as a play on concerns related to monkeypox. In 2021, SIGA reported a collaboration with Oxford University to support expanded access protocol for use of its TPOXX to treat monkeypox.
- Zoom Video Communications (ZM) - Will report quarterly results Monday after market close. Analysts expect earnings of $0.87 per share on sales of $1.07 billion.
- Ross Stores (ROST) - The fourth most-mentioned ticker on Reddit's WallStreetBets forum. Click here to see a list of other often-discussed stocks on the forum.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- TGT - a trend forming: TGT WMT LOW lower after earnings (HD and TJX the exceptions). other retailers left to report this week: BBWI KSS PLCE FL. next week: BBY AZO ANF DKS COST M BIG
- NCMI - other theatre stocks CNK MCS
- SPNT - "provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe."
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, May 18, 2022: TGT, NCMI, GNUS, DWAC, SPNT
BZ WireToday's 5 Stock Ideas:
- Target (TGT) - Shares were down 25% following mixed Q1 results. Target management noted the company's 5.3% operating margin "was well below expectations." The stock was the third most-mentioned ticker on Reddit's WallStreetBets Wednesday morning, according to SwaggyStocks.
- National CineMedia (NCMI) - The stock was up 20% following Tuesday evening news AMC Entertainment (AMC) took a 6.8% stake in the theatre chain.
- Genius Brands (GNUS) - Shares were up about 40% to near the $1 level following news of a 20-year deal with Disney's (DIS) Marvel Studios for use of the name and likeness of famed comic book writer and Spider-Man co creator, Stan Lee.
- Digital World Acquisition Corp. (DWAC) - The stock saw a spike in volume and volatility Tuesday following trader circulation of word social media platform, Truth Social, operated by Digital World's special purpose acquisition corporation (SPAC) merger partner, Trump Media Group, was now available on Android devices. While Truth's official website still showed the Android download as "coming soon," Digital World recently filed a proxy statement with the expectation that Truth Social will be available on Android sometime in Q2 of this year.
- SiriusPoint (SPNT) - Notable investor from Third Point, Dan Loeb, was named to the company's Board Tuesday afternoon. Shortly after this news, Loeb filed a 13D filing with the SEC which showed the money manager had a 9.35% active stake in SiriusPoint.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Brent focus on:
- AMD - price target represents potential upside in price of ~44%
- CAT - give education on the investor day event
- M - education on "fat-finger
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, May 17, 2022:
AMD, CAT, M, BILI, IDRA
BZ WireToday's 5 Stock Ideas:
- Advanced Micro Devices (AMD) - Shares were up 3% following an upgrade by an analyst at Piper Sandler. The analyst upgraded the stock to Overweight (the equivalent of a buy rating) and set a $140 price target.
- Caterpillar (CAT) - The company announced a $15 billion buyback plan and gave optimistic guidance ahead of Tuesday's Investor Day event. The webcast will begin at 11:25 a.m. EDT.
- Macy's (M) - The stock traded about 1-2% lower following an apparent "fat-finger" trade in the pre-market session. Shares traded to as low as $15 and then quickly rebounded. The Benzinga Pro newsdesk team did not see news to justify the move lower. It's likely the trade at $15 will be cancelled.
- Bilibili (BILI) - A sympathy play on US-traded China-based stocks following better-than-expected earnings out of JD.com (JD). JD shares traded up 8% in pre-market action.
- Idera Pharma (IDRA) - One of Tuesday morning's biggest winners. The company announced results from a trial for a melanoma treatment candidate led to enrollment being stopped early due to favorable efficacy. Shares were up about 53% in pre-market action.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Ryan focus on:
Benzinga Pro's Top 5 Stocks To Watch For Monday, May 16, 2022: NFLX, WMT, GRVI, HD, VLCN
- Netflix (NFLX) - Shares were up more than 7% following an upgrade from Wedbush analyst Michael Pachter. The analyst now sees Netflix shares as an Outperform rating and set a price target that represents ~50% upside in the stock.
- Walmart (WMT) - Will report Q1 results before market open Tuesday. Analysts expect earnings of $1.48 per share on sales around $139 billion.
- Grove (GRVI) - In a Benzinga Pro exclusive news item, the company reported quarterly results and gave Q4 sales guidance that was better than the analyst consensus estimate.
- Home Depot (HD) - To publish Q1 earnings before market open on Tuesday.
- Volcon ePowersports (VLCN) - One of Monday morning's big winners. The stock was up about 25% following news the company and tire manufacturer, BFGoodrich, will co develop tires and suspensions for electric vehicles.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve and Ryan focus on:
- Elon Musk's TWTR Deal On HOLD - A Negotiation Tactic?
- What are some plays on TWTR that stand out?
Stocks To Watch: TWTR OTRA AEO DEA AIKI
Options To Watch: Ryan's options tickers: CCL, GM, DAL
Today's 5 Stock Ideas:
- Twitter (TWTR) - Shares fell as much as 27% in pre-market action following a tweet from Elon Musk that said his deal for Twitter was "temporarily on hold." A couple hours later, Musk tweeted again and said he was still committed to the deal. While Twitter shares rebounded to over the $40 level following the second tweet, the stock was still down about 12% ahead of the open.
- OTR Acquisition Corp. (OTRA) - A special purpose acquisition corporation (SPAC) redemption play for Friday and likely next week. A tweet highlighted "shareholders approved Comera Life Sciences deal, 10.3 million shares (98.4%) redeemed, leaving only 168k shares remaining." Benzinga writer and SPAC expert, Chris Katje, said the approved vote led to "one of the biggest redemptions ever."
- American Eagle Outfitters (AEO) - A retailer with a decent dividend yield. The company's current $0.18/share quarter dividend yields about 3.5%.
- Easterly Government Properties (DEA) - A play on a property owner for US government buildings (such as the Federal Bureau of Investigation, Drug Enforcement Agency and Central Intelligence Agency). CNBC "Fast Money: Halftime Report" contributor and Gilman Hill manager Jenny Harrington on Thursday highlighted this stock as a play on a higher interest rate market.
- AIkido Pharma (AIKI) - On Thursday, the company announced it secured an interest in data and AI company, Databricks.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Happy Friday, ladies and gentlemen, welcome to Benzing. As daily sacks watch podcast. Today is Friday, May 13th, 2022. I think our first Friday, the 13th of the year. Good luck to everyone out there on lucky Friday, the 13th Benzing is daily stacks.
Watch podcast is a list of at least five star. Handpicked by the Benzinga pro Newsdesk team. We've got them on our radar today. We want you to know about those and maybe think if you want to get them on your radar today, get them on a watch list. Get them on a chart. See how they treat. My name is Brent Sava.
I'm head of Benzing is Newsdesk team and joined with me today is Is Ryan Faloona. He is our resident options expert. How you doing today, Ryan? No, really good bread. Happy Friday again. Sorry, I wasn't looking for last week. We miss you buddy, but here you are. That's what matters. All right. So our list for today.
Is going to be five sacks. And then Ryan is going to hit us with some option activity that he was noting throughout the week. He's got three stacks for us and my partner, Steve Kraus is a way today. He's going to be away on Monday also. So Ryan, if, as I'm going through the sax watch list, if you want to pop in and give some of your thoughts, you are more than welcome, sir.
Our first sock to watch for the day is Twitter. TWT are we haven't really talked about Twitter. Very recently. We had been talking about it pretty consistently for a few sacks watch podcasts there and kind of fell off the radar. It's back to. Our SOC to watch. Number two is OTR acquisition Corp it's ticker O T R a number three is American Eagle is Outfitters H E O.
Number four is easterly government properties, ticker DEA, and our last sack to watch today is AI Quito pharma. It's ticker a I K I let's get it kicked off with Twitter here, folks. So an update on the Elon Musk. Shares had fallen as much as 27% earlier in today's pre-market session. Elon Musk tweeted that he was putting the Twitter deal temporarily on hold shares.
Again, fell almost 30%. The reason that Musk gave in the tweet, I was like a little uncertain of, I don't know how it would be uncertain of it, but I read it and I was like, that's sort of odd to me, the full tweet. Twitter deal, Twitter deal temporarily on hold, filing pending details, supporting calculation that spam slash fake accounts do indeed represent less than 5% of users.
I was a little confused because I, Ryan, maybe you can pop in here with your thoughts. I was confused because I read the tweet and I was like, so does that mean. It's over 5% that he wouldn't want to do the deal or something like that. That seems kind of crazy, right? Yeah. To me, to me, this seems like a negotiation tactic to be quite, I was hoping you're going to kind of say something like that.
One of the biggest metrics that Twitter reports when they report their earnings or when anyone talks about it, frankly, it's going to be their, their daily active users and those daily active users numbers of that really important data point is being inflated due to fake. Then that's a bargaining.
Exactly. It it's a bargaining. Ultimately, what does this mean? I don't know. Um, I think that, you know, given the market conditions here on how everything is down, I would imagine he's trying to get it at a better price. That's kinda what I took from it. And his second tweet about, about the acquisition still being on showed you that he still wants to do this.
He still wants to fix this, but he's not just going to shell out 54 20. If he can shell out, let's say 44. Right or whatever it ends up being. So I think that this is probably just a negotiation. So a couple of hours later, as, as Ryan just sent it out there, he tweeted again. He said, he's still committed to the deal.
Shares were kind of already rebounding when Musk had tweeted that, but they did move over. Let me just pull up my chart here real quick. They did move over. Uh, about the $40 level when the second tweet from Mohs came out and he said, I'm still committed. Shares are around 39 50 here in pre-market session.
And Ryan, you were, you were looking at, uh, you were looking at options in Twitter this week and seen a little bit, a few interesting. Yeah. So, I mean, obviously, you know, I was watching the options quite a bit this week. Nothing really stood out to me on Twitter until I woke up this morning and the news.
And I was like, you know, the interesting, let me go back and see what happened these past couple of days. Okay. If, if anyone positioned for it and I can't tell for certain, uh, of course you can't, you can't tell for certain, but yeah. I find a couple of transactions that were interesting. So, so number one, there were, there was a sweep, uh, yesterday that these, these four transactions took place yesterday.
And the day before yesterday, there was a 44, uh, Sweep for the December 16, those are going to be your December monthly contracts. And someone paid $6 in premium for like 104 contracts. This was interesting to me because this was a, a strike that had not yet been traded. So there was a very high volume to open interest ratio on that trade.
And that generally gets my eye looking at it. Um, now, uh, what was the open interest before on that one? Ryan? Uh, let me, let me get that here for you. Open it up. Oh, wow. Okay. So there were nine sidetracks being held open. Then someone came in and swept up 104 of them. So that was a call right to me. And they're leaving some time on this trade, right?
So this, this tells me that yeah, they, they are bullish on it, right. Were, these are definitely calls to the upside high premium, um, and they're bullish on it, but they they're, they're kind of positioning themselves a day before this kind of goes public. And then they're giving themselves time for this to play out.
Right December. We still have half of a year here. For this thesis to play out. Um, so I don't know if that's related. I saw that one yesterday. The other one that I saw yesterday was a bet in the other direction, which is interesting. It was the 41 put sweep and it expires on June 10th. So if I look at the, uh, if I look at the option at the option chain here, June 10th is going to be a weekly call, right?
So that's not the monthly call. It's a weekly call. It expires 28 days from. Someone came in and bought 192 contracts at 180 5. Now this trade is only about $36,000 in terms of total premium, um, but was still there at that strike at that weekly strike, there were only 21 contracts being held open in the open interest and someone came in and bought nearly 200 of them.
So again, something worth noting. The other two transactions were a little bit bigger. One was a thousand, uh, con uh, excuse me, a thousand. Uh, by, and it was for expiring August 19th. So that's eight 19, and that is the monthly contract. So there, there's definitely more, uh, activity and contracts like that.
They paid $4 for those contracts and they shelled out a total of 400,000 in order to take that position. Um, so that's definitely a bet to the downside and, you know, that's a 46 strikes, so that was effectively an app. Trade when that trade went off, that one went off on the 11th. So that was Thursday.
Excuse me. That was Wednesday. That was Wednesday. Uh, so that one is obviously a downside bet. And then we had another call that on the same day someone bought the 49 calls that expire may 26. Uh, so that's, that's a weekly, that's a week after the monthly expert. And though that trader bought 1,344 contracts, uh, at 91 cents a contract.
So the total premium outlay was 122,000 there. Uh, that was actually a block that wasn't even a sweep. Uh, And that also had, you know, only 637 contracts in the open interest. Then someone came in and bought 1300 double what was in there. So it's interesting. There were bets in both directions and, and to me that tells me that no one was really sure what was going to happen, but they probably had an.
That's it, at least something was going to happen. They didn't know what was going to happen, but at least something was going to happen. Ryan, a question really quickly that I think there are listeners are going to, like, how often do you go back and. Unusual option activity that gives you some value for a decision that you're going to make today.
Oh, man, that is a fantastic question. I don't think I'm going to be asked a better question than that today. Um, the, any time that there's like a big kind of surprise like this, I will often go back and see if there's anything I can see in the options. Now, obviously we're, we're talking about going back in time, so there's no way to actually trade off of this information, but one of the things that I hope.
Say again, it's informing your, your path forward. Right. And that's exactly right. One of the things I'm hoping to do is to look for patterns or look for something that stands out. Um, it wa was there something where I can kind of put the puzzle. Together and come up with something that I can then use in the future.
Um, like I, I was just telling you, you know, I had a gut feeling about this and one of the, one of the contracts that I have for my segment here, um, it, there's kind of a gut feeling aspect to it. And I've developed that, getting that feeling by watching some of these, even if I don't trade them, there's value in watching them and seeing how some of these places.
Awesome. Awesome stuff, Ryan. All right. I'm looking forward to your, your next call here. Let's keep it rolling with our second sock to watch for the day. It is OTR acquisition Corp. The ticker is OT, R a. This is a spec redemption play for today. Likely throughout next week, there was a tweet, there was news last night and a tweet that we saw highlighting it noted that shareholders approved his deal, approved the company's deal with comm Comoro life sciences.
There were 10.3 million shares related to this back redeemed. That was almost 98%. That was over 98%. And when this redemption happened, it left only about 170,000 shares out there in the. Now we have a spec expert at, and Benzing, uh, Chris catchy is also a writer for us and he tipped me off to this one.
And he noted that this vote led to what you said, quote, one of the biggest redemptions ever, and why this is important because when we have these SPAC redemptions, what ends up happening is investors. Give those shares back and then they're way less shares in the flow. And we know what happens with lower float names.
They can tend to be more manipulated. They can tend to be more pushed around. Traders can kind of like corner the market in the, in the sack a little bit. And so Chris reached out to me, he said, Hey, I'm going to be watching OTR today. I'm going to be watching OTR next week. This is probably going to be a popular spec redemption play moving forward.
Our third sack to watch is American Eagles, American Eagle Outfitters AEO. I'm probably surprising a few people with this one. This is a retailer with a pretty decent dividend yield. Let's just keep that theme that we've been having on the, to watch for the last few days, highlighting some bigger dividend paying companies as we're moving into seemingly more of a value market versus a growth market.
Dividends are going to become more important. People are going to be looking for forms, a ways to get passive income and a dividend is a good way to do that. American Eagles has an 18 cents per share quarterly dividend. That's about a three and a half percent yield. If we're getting over two to 3% in dividend yields, that's like a pretty nice dividend.
If we're getting over 3%, even better. If we're getting a dividend yield, that's over five or 6%, that's like really, really high. And so American Eagles around a three and a half percent dividend yield, pretty nice little dividend that they're paying their staff to watch. What number are we on? Easterly government properties.
The ticker is DEA. This is kind of a fun one, a good ticker symbol that this company has because they are a play on a property owner for us government buildings. They own the buildings that have. The drug enforcement agency, that house, the FBI, that house, the CIA and yesterday I was tuned into CNBC's fast money halftime report.
And one of their contributors from a lady named Jenny Harrington from Gilman hill. She really liked this act. She said she had been watching the stock for seven or eight years. And she didn't see an opportunity to buy it over those seven or eight years. And now as we're moving into a higher interest rate market, she said, this thing is starting to get a little bit sexier.
I don't know if she, I don't remember if she said she, she bought some or she was buying some, but kind of an interesting little niche play here. If you're ever looking for a way to get access to the property that us government buildings. Our last stock to watch for the day is AI Quito pharma. It's AI. K I Ryan, this is, this is kind of a cool one.
If you, if you hadn't heard about heard of this company a few weeks ago, this company disclosed that they had a stake in discord, like the chat platform discord. Yes. And you, uh, yesterday we saw a press release that said that the company secured an interest in a, another non seemingly pharma company is a data and AI company.
It's called data bricks. If you ever heard of data bricks. So this company, AI, Quito, they're kind of like becoming this sort of like portfolio of kind of some cool, like AI and web 3.0 and metaverse assets. I don't know what the company does as far as their pharma or their biotech assets go. This is in my opinion, a play on these interests that this company is kind of collecting kind of a cool one, kind of a fun one here off our list.
You know, you know, what's interesting about this one is this actually appeared on the relative volume scanner that I use within Benzinga pro it's what I use every day to find day trading opportunities. Okay. W I said, believe what you're talking about happened on me. Um, because that thing, yeah, the information about it, Akido pharmaceutical reports, strategic investment in social communication platform, discord military, that actually popped the stock from a 39 cent handle all the way up to 58 at the highest.
So a stock that small making that kind of move is. Absolutely going to get traders in it. And if you look at the chart that volume, the volume stick is, is gigantic. Um, I had heard of this because of the period on my scanner. I have no edge to it. I have no, I have no position in it, but I'll be honest. I I'm, I'm eagerly awaiting, uh, the discord IPO.
And I think that there's going to be other opportunities for other stocks that are mentioned alongside discourt shares. Discord probably going to be 20, 20 twos, hottest IPO. Would you venture to agree with me, right? Yeah, I think, I think that you're right. I don't play a lot of IPO's. I may play that one.
Ooh. Interesting. I'm intrigued. I'm intrigued. Right. All right. I am excited to hear some of your options, ideas here. Do you want to reveal the tickers or do you want me to intro them? Okay, so I got three for you today. First of all, I'm a long bias trader. So. It was a little tough on some of the long side ones.
However, there were some interesting things that I found and we're gonna talk about them right now. Uh, three tickers that I have are going to be CCL, which is carnival cruise lines, GM, which is general motors and D a L, which is Delta airlines. Uh, first here, the CCL one. This one is perhaps the most interesting, um, this, uh, was the June monthly fees for next year.
So that expert date on these contracts is six 16 of 2023. Okay, 20, 20 threes. This is next year. It's the 12 and a half strike and it was, uh, about a million dollars in premium. Um, so, so first of all, obviously that's, that's gigantic just in terms of the, just in terms of the total premium, but this was a put sweep.
So here's the thing. I actually think that this was a. Okay, because if you take a look at, at what's going on here, first of all, these puts went off at the bid. So there was 3,600 contracts that went off, uh, at the bid and the total trade value was 997,000. So that's a. Uh, a million bucks there and they're so long, they're so far into the future.
I think what's happening here is that we recognize there was a very, very precipitous drop in pretty much market-wide. And I think what they're trying to do is sell, puts at the bottom, right? So the hope here is that they never have to revive these, that these just expire worthless. And even if they do have to buy these, perhaps they buy them back at a much, much cheaper price premium paid for these was 2 77 per contract.
So, um, again, we don't get debit and credit information from the exchange. So it's impossible to know for certain, if the transaction was opened or closed, however, um, monitoring where these took place with respect to the bid or the asking sometimes tip you off to what's going on. And I've seen this before.
Um, I. To me, my, again, this is just my gut feeling is that these were sold contracts. And the hope here is that they never have to buy these back. And they just immediately were credited with that million dollars in their account. Pretty cool stuff, uh, rich for my blood, but definitely, definitely interesting.
I would not follow this. Um, but to me, it's almost as if this marks a pretty decent floor for carnival cruise lines, right. 12 and a half 18. And she was saying it looks to be a price floor. We'll see how that plays out over the summer here. And then into next year. Um, second one that I have here was GM.
This was this year's June monthly 42 calls, and it was about $936,000 in premium. So again, just under a million dollars, 24,000 contracts, these were out of the money contracts, uh, that were taken here and there were 24,000 of them. Um, so th th this is, this is actually a. Um, this is actually the type of trade that I like to follow along with.
Right. Um, because these contracts were only 39 cents a contract. Like what's the big deal for me grabbing 10. Like even if these expire worth is my risk is well-defined and if they end up going up a couple of hundred percent, that's a nice, that's a nice little trade there. So, uh, this one's really, really interesting.
Okay. Actually expire. Let's see the June 17 contract that expires in 35 days. Right? So we're going to know real quick at this trade's going to work. Stock is currently at $36. The strike price was at 42. If looking at the chart here, if the stock bounced, it would actually take out this downside formation, uh, this recent downside formation that's been going on since the beginning of may.
So to me, this is very, very interesting. There was a huge volume stick on the equity. Um, Yeah, I believe this was yesterday. Yeah, May 12th, uh, yesterday. So just a really, really interesting call. This is one that, um, you probably could have also scalped the stock as soon as the set, just because it's so big.
Uh, but again, I didn't, I didn't trade any of these. I'm absolutely watching this. Here's the other thing, Brent, going forward. If I see repeats. Huge sweeps and some of these GM names or anything that's around this, that's going to make me think even more that, Hey, you know, they, we expect a bounce here in GM or maybe even the overall market, and that might be worth plan.
So I got my eye on that one as well, add in the premium in there from where the Sachs trading in, I mean, this, this better is thinking that GM shares are going to be up a good 20% over the next like month. Right. Wow. Interesting. Interesting. I really like what you're saying about watching. At this contract too, it'll give you more conviction that this better is more convicted themself, right?
Yep, absolutely. And then one of the other things that you can watch for is to see, like, if they roll out of this one and roll into the forties, for example, uh, perhaps they're saying, okay, well maybe that bounce is not going to be as much as we thought, but we still want exposure to the upside. So again, This is an aggressive bet out of the money calls like that.
Um, often very appealing because they're inexpensive and a lot of people can buy them, but just a really, really interesting trade definitely fits the criteria for unusual that's for sure. Last one we have here is Delta airlines. Um, so th th these are interesting to me too. The airlines are really interesting to me.
I know personally that the prices of all of the tickets are going up, bookings are going up. It's the summer people want to travel. Um, so th this one really interesting to me, $40 calls. This transaction also happened yesterday. These calls, these are the contracts that is for the June monthly. So again, 6 17, 20 22 35 days, uh, for this to materialize, they paid one 17 per contract and the total tray and they, they bought 9,000.
423 contracts, which means that the total trade value of this trade was $1.1 million. So another big bet, um, these contracts, interestingly enough, these contracts are quite affordable at a dollar 17. Again, you know, even a retail trader can pick up just a couple of them and have some pretty good leverage, uh, here for Delta.
And when we were looking at Delta here, you know, Delta is currently at $37, but the Delta was at $40 on. All right. So we'll bounce back to. With any type of good news is absolutely possible. And when you're in a levered trade like this, you could see some pretty substantial gains, obviously. Um, uh, also one more thing to note on those, those contracts went off at the asks.
So those are calls at the ask and, uh, there was the open interest. Is it, you know, these airlines, especially in some of these monthly contracts, there are, these airlines are. Quite a bit, uh, there was 21,000 contracts in the open interest, so I don't have like an outlier number here for volume over open interest.
Um, but it is still a huge, huge bet. And it does, if you look at the chart, it kind of looks like Delta is going to bounce right here. So just a really, really strategic interesting, but a huge and a really affordable. Ryan really, really good stuff, man. I love you coming on because it brings some fresh blood to the podcast, brings a fresh angle.
Really appreciate your time. Really appreciate your insights are. And I hope that our listeners. Do you also thanks for coming on, man. Really appreciate it. Yeah, absolutely. And to the listeners out there, um, give me some feedback, let me know what you want to see. I watch a lot of different option contracts.
I try to pick something different. Uh, today I tried to go with one that I thought might be a sale. So, uh, let us know, let us know what it is that you want to see and what we can do. I'd be happy. I'd be happy to come on and talk about it. I love this. I love doing this awesome, man. We'll we'll put Ryan's email in the description for the podcast.
So check it out there. My, my emails also in there, you, you guys and gals can always give us feedback. That's how we get better as individuals. That's how we get better as an organization. So would really appreciate that feedback that is going to wrap it up for us this week. Another week in the books. I hope everyone has a really good weekend.
And we'll we, we will be back with you next week for our SACS watch podcast. Everyone. Good luck out there today. Take care.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today Steve and Brent focus on:
- Find Out how Benzinga News Desk Navigates this stock market
- Tune into the episode to have Brent & Steve explain why you should look into high yield stocks now
- Podcast Trivia - What Is SWIM stock?
Benzinga Pro's Top 5 Stocks To Watch For Thursday, May 12, 2022: PBR, DPRO, TECS, EVA, SWIM
BZ WireToday's 5 Stock Ideas:
- Petrobras (PBR) - Brazil's state-run oil company. The company's stock currently has one of the highest dividend yields. Last quarter, the company paid about a $1.20/share dividend for a stock that trades around $14.
- Draganfly (DPRO) - A play on drones. This Canadian company describes itself as "engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software."
- Direxion Technology Bear 3X Shares (TECS) - An exchange-traded fund (ETF) play on continued downside in tech stocks. This ETF is known as a leveraged ETF, meaning exposure to the space is tripled. More reward but more risk. To see a list of all of Direxion's leveraged ETFs, click here.
- Enviva (EVA) - A play on a recent insider buy. Company director John Bumgarner purchased nearly $1 million in Enviva stock earlier this week. Enviva is a producer of sustainable wood pellets used in the energy sector. This insider transaction info was found using Benzinga Pro's Insiders tool.
- Latham Group (SWIM) - A play on summer in North America. The company is "a designer, manufacturer, and marketer of in-ground residential swimming pools."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Good morning, ladies and gentlemen, you are tuned into another fabulous edition of Benzing as Saks watch podcast. Today is not Friday. I thought it was Friday. Today is Thursday, Steve. It is Thursday, May 12th, 2022. We've got a good list here for you folks. The daily sax watch podcast is a list of at least five sacks hand.
Every single trading day by the Benzinga pro Newsdesk team. We're going to have these on our radar for today. Maybe for the rest of the week. We want you to take a look at the. Here, what we're saying, maybe consider them for a watch list. Maybe consider them for a chart. Maybe if you're a technician and you don't necessarily care about fundamentals or operations, maybe you see the ideas here and you put a stack or you hear the ideas.
You put a sack on a chart and you look at how the stock trades and you go. It's actually a sexy way. The SACS trades, the stack trades, maybe I'll make some technical plan. It, we're going to give it a little preview of the sack swatch that we're going to go over in just a sec. And then we'll dive into each of them a little bit more in depth with some insight as to why we picked them for today.
So our SACS watch list. Number one is Petrobras PBR. Number two is dragon fly D P R O. Number three is an ETF. We don't oftentimes feed. Oftentimes feature. This is the techs ETF. It's the direction technology bear three times shares it's ticker, T E C S. We'll go into a little bit more what that means. I got some questions.
All right. Sweet number four, Sasquatch. Number four is an Veeva Eva. And number five is Letham group. The ticker is SW I M swim, everyone. Get their votes in for what Letham group does. With their operations. That's I like that a little teaser podcast class. I like that. We'll I'll start us off at the top with Petrobras, ticker PBR.
So few days ago we mentioned at and T right has a pretty high dividend yield of around 5%. You came in, you said that's good. Let's do better Petro for us. One of the highest dividend yields pain about a hundred, or sorry, a dollar 20 a share. And the trading around $14 a year.
That's a pretty that's pretty good. That's nearly 10% right there and so that, and that's that's not, that's it's quarterly dividend payments actually. Oh, you're right. You do a dividend yield over an annual basis and you get a little education here. You do a dividend yield over an annual basis.
And with. These, some of these integrated some of these state run oil play. They do like different, like they change their dividend a lot. And so you have to do the math and add up the last four dividends to get to a dividend yield. But when I looked on Benzinga pro Benzinger UPROSE calendar tool under the dividend tab, it showed that petrifies dividend yield was like 35%.
I think I'm remembering the right 30 or 35%. And what the yield means. Let's get practical here for a second. The percentage that the company is paying back into their pain, back to their shareholders versus the price that shareholders are paying to get one of those shares. Yeah. So when you do the math, if, I said it was 30 or 35%, you're basically getting 30, 35% of your investment back just by buying the stock.
If you hold the sack over a year and get all those dividends. Yeah. And as we are like folks, we are knocking on the door of bear towards bear territory here. Bear territory means a 20% move. Pull back from the recent highs and if our S P 500 futures high at 48 0 8 and we're around 3,900, we're about 19% pull back.
And so when we start getting into this kind of market value plays, as we've seen in the selloff and tech socks, and the NASDAQ grow sacks, become unfavorable value, stocks become more, more favorable and things that are making like a passive income, like a dividend become also more favorable. So this might be a little theme that you start seeing here, folks, as far as.
The on news S looking at socks that are more in favor when we're in more of a value market. Yeah. And I'm not a betting man, but I would wager considering that there are, a few more scheduled rate hikes and in the near future, just for 2022, that this is going to be a theme that we continue to touch on.
This is going to be on investor's minds for the duration of the year. I think so. I think. Sack to watch. Number two, let's keep it rolling. Here is dragon flight, D P R O. This is a play on drones and this is a Canadian company and they described themselves as quote, engaged in the provision and engineering services and manufacturer of commercial unmanned vehicle systems and software.
And this company had a little news today. I remembered that this company was a plan drones, but then they had a little news item today. I was sitting at my desk. I was like, oh yeah, that's a play on drones. What was the news today? Steve? Yeah, this one's really cool. So w some of the other drone plays are a little bit more commercial, or you even say fleet, they want to do kind of commercial delivery type of stuff, or they're selling to the military. This one is, doing a little bit of a demonstration of it's of its product here, but they said they began delivering new gen medical devices, which is a needle free injection.
And insulin to Ukraine basically supplying the people of Ukraine with insulin. Obviously that's a drug that's you when you really need when you need it. And so they're going out and they're delivering insulin for people with diabetes, to the people, Ukraine and the Ukrainian military.
I think that's super exciting. Awesome stuff. It's fun to know and learn about these little niche plays because they occupy, a space in the market. There's going to be somebody doing this at some point and dragonflies is doing it. Yeah. Yeah. It's like a non-military, but they're working within a military, like sphere, it's almost like humanity, humanitarian, right?
It's like the humanitarian delivery space, which, there's, I'm, I imagine that if this goes well and it works. Yeah. They could have stuff with the UN to deliver supplies in Africa, and throughout south America, et cetera. And this is, just one application that we're highlighting here for their drones.
I'm sure that they have other applications, but it's just kinda interesting to hear again, the different places that these companies occupy in the market. All right. Our stock to watch number three is not a stock. Ooh. Isn't it's not, it's an ETF. It's, you can trade it like stock, but yeah.
So it's an ETF direction. Technology bear, three X shares, ticker, T E C S alright, techs. All right. So this one, I, it was going to be, a setback and education moment for me. So I know an ETF is, it's a fund that kind of groups together. Stocks of a sector, so you can trade that sector more easily, right?
Yep. What is this? So there's a few phrases in here that you put in here. It's a triple leveraged. Yeah. That's the three X. Yeah. Yeah. And then there's you said that it's for the downside and tech stocks. So talk about both of those things. So what direction and spider, some of the ETF companies have done over the last probably 10 or 15 years is just, like you said, Steve and ETF is a basket of a bunch of securities and basically.
More or a more more focus or more general basket of exposure. And so what these ETF funds started doing over, over the last few years here is focusing on sectors, focusing on regions, focusing on themes. And then I think, I imagine that the users of these ETS. Went to direction, went to spider and they said, Hey, we want more exposure to these.
And so what these funds started doing is packing more exposure. And what the three X part means is it is three times the amount of exposure. Then if you bought the direction technology. ETF. There's also a two times one I don't know about specifically for this fund, but what these funds will do a lot of times is they'll take it and make their basic ETF into a two time or three time.
And so basically the practical usage of it here. If the tech sector is up 2% today, this bear fund, meaning it's trying to capture downside. It's going higher when the market's going lower. If the ma if the tech stocks were up 2%, this thing would be down 6%. Okay. Okay. 2% higher times, 3%, the three times leverage.
And it's going in the opposite direction. There's bowl funds. There's bear funds. There's two times funds. There's three times. I've heard about some crazy traders emphasis, crazy going like long, a three time and short going like long, a three time bowl and short a three time bear to get six times exposure.
I like what that would mean would be if a space that they're playing was up 2%, they could be gaining. 12 times 12%. Yeah. It's kinda funny, but it's cool to have awareness of, more than Saks, Steve and I, a lot of times are focusing on SACS, but of course, ETFs are out there and a lot of people use.
Really successfully. And I think this is a good one to point out for today, specifically to add, as we talk about our theme of shifting from growth into value, right? Maybe entering bear territory. Obviously tech is like the mother of all growth, right? It's it's what drives growth.
And so I think, this bear three, three X one is probably, going to be doing well. It's probably done well over the last few weeks probably. Exactly. Exactly. And of course the disclaimer, more reward here, but also of course more risk. And I thought it was, I thought it was cool to add this one because it's not the case that investors need the SAC market to go.
We are advanced enough in this industry that instruments have been created, derivative derivatives have been created so that you can play both the upside and the downside pretty easily. It's not the case anymore that if you're a bowl and the market goes down, you have to leave the market. That's just not the case anymore.
And just a quick little statistic for this one. TEC S so it started off the year. A little bit under $30, it that like maybe even 26, 20 $7 and it's at 51. Hitting a high of 52 today. Wow. Okay. So it's an all time high today, especially over the last few days. And it's up around 5% today.
Gotcha. Thanks for that little factoid, Steve. Our stock to watch number four is an Veeva, Eva. This is a play on a recent insider buy. There is a relatively new tool on Benzinga pro it's just called the insiders tool and what the insiders tool does is highlight. Insider transactions and stocks, why this is important.
Investors love to know that their insiders meaning an executive or a director or. A big shareholder are either moving with the company or moving against the company. If a company is stack is at an all time high. And for example, you see some of these insiders executives start going. I think it's prudent to be taking a little bit of profit and they go out in the open market and they sell some of their shares.
When the sax at a high investors did not like that. Investors love when a Sox at a high. And the execs are gone. We still think the stack is cheap. We're buying it in our, with our own money. That gives investors a lot of conviction that they are, that the company's management is. The best interest of shareholders.
And also that the company's management is convicted that this is still just the beginning of something here. And so in N Veeva, we had a company director, John Bumgarner, who purchased nearly $1 million of in Viva sack earlier this week. And this company itself is interesting. If you asked me, this is a producer of sustainable wood pellets using the energy sector and.
They have a Marine ports like they have, I think they have like vessels that ship this product around the world, the way that they scribed described it was like deep water Marine ports, meaning I think they send ships out to sea to deliver some of their products. Fun wood bioenergy.
That's interesting. Exactly. It was it's an alternative energy. I think that you can use it in the place of like fossil fuels. Wow. That's super cool. I'm like, yeah. Who knew? There's a company out there for everything. There honestly, there are companies because they're all out there. Exactly. Like people say, no, no idea's original, no company has not been made.
And speaking of there is a company for everything, our last stock to watch. S w I M did you write it down? Did you, do you have the right answer? What is swim? What is swim? Do Brent. They are a designer, manufacturer and marketer of in-ground residential swimming pools. I imagine that there's a little play on the upcoming summer in north America folks.
Yeah. Swim for swimming pools. Super easy to remember this. One's a little bit of a newer stock, started trading last year. It's about a year old and they recorded earnings today. Yup. How are their names? See the earnings were they missed on EPS by a fair bit, but they beat on sales and they re they also announced a hundred million dollar by.
And their guidance was like pretty good. They gave some physical year 22 guidance. The sales guidance was pretty good. This company, they generated almost $200 million last quarter. Their guidance for the fiscal year was almost a billion dollars. Yeah. And this is not a small company, no last year or last quarter, which was the.
Winter spring months, we, this one will be interesting to see how it grows and how it behaves in the summer months, Brent, you and I looked back at it, but when we started recording, we couldn't really see anything, the SAC was like kinda down last summer, like over the summer, it was maybe moving a little bit higher into the summer.
Like in April, it was moving higher, but the market was moving higher at that time. I heard, I remember hearing about this stack last year, Steve, when there was that extreme cold front that reached all the way down to Texas. Oh, you're the one that froze everything. Poor citizens of Texas had like their pools freezing and stuff like that.
And there was a lot of damage. I remember hearing about this stack as a play on getting some service to those damaged. Interesting. Yeah. I'd be curious to do a little bit of extra research and look into that and see how, how well they fared from that. Absolutely. I did read that this com most of the company's sales are from the United States, but they do also have operations in Australia and new.
Which are, warm all year round pretty much. Exactly. Exactly. All right, folks, that's going to wrap it up for us tomorrow. Steve, you're going to be a way with, we're going to be way again tomorrow. We'll miss ya out tomorrow and Monday. Okay, man. We'll miss you the next couple sacks to watch podcasts, but tomorrow we will be bringing on Benzing is option expert Ryan Felina.
So I have a little partner and we're going to talk some options tomorrow, folks. Nice. That should be great. I'll be listening in. All right, Steve we'll have a good weekend and listeners out there. We'll be back tomorrow. With another edition of bending is sax. Watch podcasts. Everybody have a great day.
Good luck everyone. Did you know, nearly all stock price changes of 10% or more result from a single news headline. That's right. News headlines have a unique ability to drive stock prices up or down. These news catalysts create trading opportunities every day. All you need is a little help to reach out and take the.
And if you're looking to grow your portfolio, it doesn't matter if your investment budget is small or big and easy to read stream of news headlines will increase your opportunities to profit from price changes in the stock market. Consolidate a knowledge-based investment strategy and grow your portfolio.
All you need is Benzinga pro and it's powerful news alerts, price tracking, and portfolio monitoring. To make a positive change in your trading performance. We've already helped thousands of retail traders across the world, and they could not be happier. Increase your market now. Boost your exposure to big movers and make informed trades before major price changes, the opportunities are all around you.
Subscribe now and will skyrocket your portfolio today.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today Steve and Brent focus on:
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, May 11, 2022: BYND, MARA, CSSE, INDO, VRA
- Beyond Meat (BYND) - Will report Q1 results after market close Wednesday.
- Marathon Digital (MARA) - A way to play declining prices in bitcoin and other cryptos. Marathon Digital is focused on mining of digital assets. Bitcoin futures fell below an important level at $30,000 Wednesday morning following a hotter-than-expected consumer price index (CPI) inflation reading.
- Chicken Soup For The Soul Entertainment (CSSE) - Shares were up 13% Wednesday morning following news the company will acquire Redbox (RDBX).
- Indonesia Energy (INDO) - A low-float momentum play in the oil sector. The company announced an oil discovery Wednesday morning.
- Vera Bradley (VRA) - A play on designer handbags, travel items and accessories. The company announced a crossover collection with outdoor brand Coleman Wednesday. VRA peers - TPR, LEVI, LULU
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Good morning, ladies and gentlemen, you are tuned into Benzing. His daily sax watch podcast. Today is Wednesday, May 11th, 2022. Hope everyone is having a nice week so far. How was your week? Go and see if it's good. It's good. It's hump day. Get those camel emoji's out in the chat. Wait, there's no chat here.
Not yet. Benzinga daily SACS. Watch podcasts is a list generated every trading day by the Benzing pro news S team a list of at least five stocks that we have on our radar throughout the morning and throughout the day, probably throughout the rest of the week, because. We are anticipating an upcoming news catalyst.
Maybe there was just some news that is impacting the SAC today. Maybe we expect a little increased investor attention. Maybe we are expecting a little increased volume in the issue. We're going to be watching them. We want you to consider if maybe you get them on one of your charts or watch them. We're going to start off with a little table of contents for y'all.
We'll hit you with our five socks today, and then we're going to dive in deeper to elaborate on why we chose these companies. Our first act to watch today is beyond me. B Y N D. Number two is marathon digital, M a R. Number three is chicken soup for the soul entertainment. It's ticker C S E. Number four is Indonesia energy.
I N D O. And number five is Vera Bradley, V R a Steve. What's going on with beyond meat has a few things going on. The big thing, the reason you added it to this list is they're reporting. The reporting earnings tonight after the close Wednesday after the close. But they've, there's been a few news items been.
Yeah. And what happens with when earnings is an upcoming catalyst and the stock has been in the news or company has been in the news the sacker company being in the news, generate some more attention. And maybe somebody, because beyond me has been in the news the last few weeks.
Maybe they looked at the chart and liked the chart or looked at the company's fundamentals and like the fundamentals. And now they, Ooh, notice that there's going to be earnings coming up in a little bit here. Yeah. Maybe I want to play the earnings into the earnings after the earnings, et cetera, et cetera.
And so a few weeks ago there was a report out from a publication fast company, and the publication said that, so we know that beyond meat and McDonald's have been working together for a few years now. Does that sound right? I think so. They were testing McDonald's was testing some. Meatless options in a few markets.
And there was a report out a couple of weeks ago that said that McDonald's was going to make a beyond meat item, a permanent menu item. It turned out that wasn't exactly the report. I think the report ended up being that there, it was going to be a like a part-time menu item in certain locations and beyond meat chairs saw a little bit of volatility on that news.
And then after that, like coincidentally, like maybe a week or so later we heard. Out of activist, investor land, probably the most famous activist investor, Carl Icahn, he's been urging McDonald's on a couple things and touch on a couple of those things related to icon in McDonald's CIF.
Yeah. So icon has been doing so, there's obviously activists, investors. Out to, fix company, make them a little bit more profitable, et cetera. This is like at the benefit of their shares, right? The benefit of the shareholders, that's like traditional activist investing, but then there's also like traditional activity.
Which is more of going after more of the ideals than the profits. And this is what I have been talking about lately. He's I want to start doing some actual activism not activist investing. And he's been, he owns a decent amount of McDonald's and he's trying to leverage that.
And he's been talking to McDonald's about trying to reduce their, production and usage and increase their, plant-based usage and production. Now, obviously he didn't mention beyond meat here, but as you just said, beyond meat and McDonald's have partnered together for a while.
Very big activist investor. Carl Icahn is basically saying McDonald's, Hey, you should start using more plant-based stuff. There's a possibility of, some extra beyond me, partnerships, contracts, that kind of stuff. It's the go-to. It is right, Steve. Yeah. And so a nice little segue there also, you had identified another plant-based company that had reported recent.
What company, what day was it again? Yeah, so th so there's very few names in this space, right? So basically one of the other peers is tattooed chef, a ticker TTC, CF, and they reported on Monday, I believe. Or actually, I think it was yesterday. Okay. Yeah, it was yesterday after the close. Let's see what tattooed chef has training up or down right now.
It's pretty quiet. It was Monday. I apologize. It was Monday. Okay. Gotcha. It looked like tattooed chef traded around the six 50 level. It's trading around the $7 level. But the sacks largely unaffected find the earnings release. True. If you are a fan of the socks. Podcasts folks, you know that Steve and I have been highlighting these peer groups where a company in a sector, in a sub-sector reports results, and it could create some kind of precedent for another company that will pour a little bit later in the earning season, tattooed chef, Like cheers to them, but not quite the same level as me, but investors look for clues, ladies and gentlemen that's the thing.
Investors try to get an edge wherever they can. And so I think it was smart that you had a tattooed chef also on your radar here, Steve, our second sock to watch for today, excuse me, is marathon digital, M a R a. This is a Bitcoin miner and we have been tracking. Bitcoin futures over the last few weeks. We're always looking at them.
But over today there was following the CPI day. That came out at eight 30. That's a reading on inflation affecting consumers. The reading was a little hotter than expected. Core reading was up about 6.2% on a year over year basis, core reading, excludes volatile food and energy prices. The expectation was for a 6% year over year increase in core reading.
So yes, it was. An economist would say hotter than expected. I didn't think that the figures were that concerning actually, but the market really stock market really sold off when we saw it, when we got those CPI data points Sola S and P 500 futures sold up almost a hundred points. And with it went Bitcoin and Bitcoin fell below a key level around the 30,000 level.
Hit a low at 28,900. Now Bitcoin futures are rebounding with the SAC market. If I noted, I don't remember if I noted that S and P 500 futures fell below the important 4,000 level after that CPI reading we're now back over that level, we're about 20 points back over that level. So that was good. If you're a bowl that we retook that.
Bitcoin futures also moving really similarly here with with the stock market. Yeah. Look, it looks maybe the market's thinking the same way you are where, initially a hotter than expected, but maybe not that bad. Like a quick sell off and it looks like they're recovering most of those gangs.
Bitcoin's actually, I think a little bit higher than that CPR where it touched a little bit higher up 31. 31,500. I'm still above that 30,000 level. You had a couple of other Bitcoin mining plays on your radar to see what were those stickers. Yeah. Yeah. So there's a few of them. Any and why, which is sphere 3d ITF, which has bit farms, ETB T.
Which has been digital coin Coinbase, and it's not a minor, but it's, a crypto market place. Similarly affected by Bitcoin and then riot blockchain, R I O T is another. Good stuff. Good stuff. Our third sack to watch is chicken soup for the soul, Steve CSF. He, what happened in chicken soup for the soul today?
This one had some news this morning. Funnily enough, we talked about Redbox our DBX, I think it was last week or two weeks ago. Yeah. And we were remarking on, what is this, What is this company red box? It turns out chicken soup for the soul knows what it is and they want it because they're buying it right.
Or, they're having one of their subsidiaries merge with it and then basically acquiring most of it. Chicken soup for the souls CSSE shares were up 13% of the pre-market and red box here is, were down. They fell fairly sharply and then they're covered right here. Yeah.
We're down about 26% in red back shares and around 50%, I think at one point I see a pre-market low at 180 6. The cycles are on the $6 level. Yes. Yeah. And I think that's because, there's some not weird numbers, but people were just interpreting this, so obviously when a company buys another company the company that's getting bought the shareholders get paid out right.
In, usually in, in shares of the acquiring company. Yes. Cash or shares catches a little easier to understand. It's like we're buying them at $20. Okay. Share. $20 in cash. Exactly. And this one and the press release said that red box here holders, we're going to get 0.0 8, 7, 5, I think 0.0 8, 7, 5 shares of chicken soup for the soul.
For each red bag chair, which is, eight, 8%. So it's it's fairly small, right? That's, it seems small, but also, it says in the press release that like they're merging with one of their subsidiaries and chicken soup for the soul is going to was only going to own 73% of this new company, six and a half 36%.
It's not a. Takeover right back. Shareholders are still going to have about 23 and a half percent. So like when when there's a stack deal, I think a lot of traders and market participants will go, okay like what's the math here. Let's see where let's see where chicken soup for the soul shares were trading and let's do the math.
And if they're going to each red box, shareholder is going to get. And 0.0 8.09% 0.09, shares of chicken soup for the soul. We can take the stock price of chicken soup for the soul and times that by 9% and we should get the value that chicken soup for the soul sought for red box. Didn't really work that way because this isn't like an outright purchase.
So it's not all your value of the company. We got a lot of questions folks, and I thought that. Cool. One to add today because we did get a lot of questions. There was a lot of readers bending readers, and Benzinga pro users today that were reaching out to us and go. Point zero eight, seven shares for red box.
That, that can't be right. That's if you do the math, like I was suggesting that would bend like a 75 cent value for the dealer or something like that. Yeah. Max has rebounded a ton here. If I mentioned that pre-market low at 180 6, the sack is now trading around the four 11 level we were being asked, Hey, is that number right?
And Steve. Some quick research, you looked at a couple press releases. You looked at a press release from chicken soup for the soul. You looked at a press release from Redbox. You looked at a filing from Redbox. All of those had the same value, right? Yeah. That figure was reiterated on both of their investor websites.
But like you said, the AK filing from breadbox several times in that filing. And it seemed to have to go into far more detail. If you want to look into kind of like the structuring of. Of this acquisition, the AK filing I thought was, I didn't get to dive super deep into it, but it seems to go into the structure a lot deeper there going, going into some funding and some contracts and all that kind of stuff.
A couple users said whoa, this must be a typo. Does not seem to be the case here. Ladies, gentlemen, we have reached out to red box. And that's what we can do as a news team. So it's kinda nice, but I don't think we've heard back yet, but right. When we do hear back, if we do hear back confirming this figure, which I think we are going to, we're gonna, you'll see some, oh, and it looks like.
It looks like red back shares were just halted on a circuit break and just resuming trade, right under the $4 level still down, like a good 30% or so. Sure. All right. Our stock to watch number four is Indonesia energy. I N D O. This is, as you might remember, folks, a low float momentum play in the oil space.
This is a play that we've been highlighting on the podcast. We haven't done it in a little while. See, but we were highlighting it like rather often. Yeah. Maybe like a month or two ago. They had some news this morning. They had a oil discovery. Ooh. Yeah. And w what we know about these momentum names, what we know about these low float names is that they can.
Move traders tend to push these stacks around, make them do what they want. Create some trading opportunities. Great. Some moves higher, some moves lower. They can go long. They can go short. It's a nice little training vehicle for a lot of, for a lot of traders. And when they have news, when they have meaningful news, that can really push the momentum even further Indonesia energy shares trading off about 10% here. I think that real quick, I think that this has, I'm looking up the float real quick on my Benzing and pro details tool. This is about a 2 million share float. That's like pre. Low float territory. Generally, we're thinking that OSAC under 20 to 25 million is low float.
So this one is into low float territory. Our last stock to watch for today is Vera Bradley, ticker B R a, and this one was a little fun one you wanted to add in here. Play on designer, handbags, travel items and accessories. You love these press releases, don't you? Yeah, I do not necessarily like a news catalyst.
I don't think this is going to impact the stack, but every once in a while, there will be a, like a designer or a clothing company that is collaborating with. An artist or another company and they'll issue, press releases. A lot of times like highlight the collaboration and very, Bradley's doing a little crossover collection with a few of its bags with outdoor brand Coleman.
Nice. The camping brand. And just kinda, eh, again, not really like a news catalyst, but just like a fun one here. You can go on the Vera Bradley website and they have some like cooler bags. Cooler backpacks and just some more outdoorsy kind of backpacks, but they're like really.
Bear Bradley branded and they have some nice, like a nice design and stuff like that. Just a little fun one. There are there is like a limited space. If you think that Vera Bradley is very bare. Bradley is definitely a handbag and accessories brand. I think that they're, borderline like luxury and the luxury space is a relatively small space.
Louis Vuitton is one of the. Companies in the world, one of the largest design companies in the world, that's definitely a play, but you can't really trade that very easily in the United States. Tapestry is your only other option, as far as I'm thinking of right now in the luxury apparel and accessories space.
That's ticker TPR tapestry is this conglomerate. Now they own coach. They own. One second, he pumped the other one, Kate spade. I was blanking on that one for a sec, also own Kate spade and a couple of other luxury brands, Stuart Weitzman, a cool one for us to just round out our list for today.
I thought that, yeah. Oh, I, by the way, I also like those like fashion press releases and I'm actually, when old Navy I think was recently announced a collaboration with the Simpsons, I'm getting I'm getting a little like. Bag a little, you got you order one. Yeah. Or it's the gut?
The cloud from the intro and science, super yellow. I need one for Chicago and I'm walking around. So it's yeah, it's going to be super nice. I love those press releases to the super fun. The one that I scored on up maybe like a year ago was when a champion was a a release with Nintendo and they had a bunch of Mario branded like sweats and there was like a track.
I don't remember that. I'm still a little jealous that cause didn't you get the overalls too? Yeah, the overalls are awesome. Awesome. Awesome. All right, folks. Thanks so much for tuning in today. That's going to wrap it up for us. We'll be back tomorrow. With another edition of bending is daily sacks. Watch podcast.
Everybody have a great day. Good luck. Did you know, nearly all stock price changes of 10% or more result from a single news headline. That's right. News headlines have a unique ability to drive stock prices up or down. These news catalysts create trading opportunities every day. All you need is a little help to reach out and take them.
And if you're looking to grow your portfolio, it doesn't matter if your investment budget is small or big, an easy to read stream of news headlines will increase your opportunities to profit from price changes in the stock market. Consolidate a knowledge-based investment strategy and grow your portfolio.
All you need is Benzinga pro and it's powerful news alerts, price tracking, and portfolio monitoring. To make a positive change in your trading performance. We've already helped thousands of retail traders across the world, and they could not be happier. Increase your market knowledge. Boost your exposure to big movers and make informed trades before major price changes, the opportunities are all around you.
Subscribe now and will skyrocket your portfolio today.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today Steve and Brent focus on:
- Is The Market Favoring Less Edgy Stocks?
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, May 10, 2022: UPST, RIVN, T, RAD, VERU
BZ WireToday's 5 Stock Ideas:
- Upstart (UPST) - One of the most discussed stocks of Tuesday morning. Shares were down about 60% following better-than-expected Q1 results but concerning guidance.
- Rivian (RIVN) - A recent trending stock on Reddit's WallStreetBets forum. Check out a list of other trending stocks on WSB via Swaggy Stocks.
- AT&T (T) - A large cap company with a high dividend yield -- despite the dividend being cut in February. The company's nearly $0.28 per share quarterly dividend boasts a yield of about 5%.
- Rite Aid (RAD) - A high short-interest name. According to data complied by Benzinga, Rite Aid's recent short interest was about 34%.
- Veru (VERU) - A play on an upcoming FDA meeting Tuesday. The company has scheduled a pre-emergency use authorization meeting with the FDA for its COVID treatment.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today Steve focuses on:
a few other earnings highlights from this week:
- Monday - UPST DDD BLDP
- Tuesday - COIN OXY EA WYNN U after hours PTON before open
- Wed - before open WEN after hours BYND SONO
- Thurs - before open AFRM
- Fri - BABA
next week: retailers: HD WMT on Tuesday, TGT, M, TJX Wed, KSS Tues
Benzinga Pro's Top 5 Stocks To Watch For Monday, May 9, 2022: AMC, RBLX, SOFI, DIS, CYBR
BZ Wire
Today's 5 Stock Ideas (The Final Q1 Earnings Season Edition)
While last week was the busiest week of the Q1 earnings season, many companies will be reporting this week. The Benzinga newsdesk team had about 1,400 earnings reports on their radar last week; this week there are about 1,100 earnings reports expected.
The following companies will be publishing their quarterly results this week:
- AMC Entertainment (AMC) - Will report Monday after market close.
- Roblox (RBLX) - Will report Tuesday after market close.
- SoFi Technologies (SOFI) - Will post earnings Tuesday after market close.
- Disney (DIS) - Will give Q2 results Wednesday after market close.
- Cyberark Software (CYBR) - Will report Thursday before market open.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
Friday Fun Fact: https://www.britishmuseum.org/collection/object/Y_EA5634
Benzinga Pro's Top 5 Stocks To Watch For Friday, May 6, 2022: GME, PTON, PLTR, FNKO, BLCO
BZ Wire
Today's 5 Stock Ideas:
- GameStop (GME) - A play on trading of crypto and non-fungible tokens (NFT) via the company's new Wallet feature. The website https://wallet.gamestop.com/ circulated among traders Thursday. The site was labeled as the beta version of the GameStop Wallet. While the Benzinga newsdesk team could not verify the authenticity of the site, GameStop did file for a trademark on "GameStop Wallet" at the end of March 2022.
- Peloton (PTON) - Shares were down 3% following a late-Thursday Dow Jones/Wall Street Journal report Peloton is seeking a minority investment. The report said the company is looking to sell about a 15-20% stake.
- Palantir Technologies (PLTR) - A WallStreetBets favorite. The company will report quarterly results on Monday before market open.
- Funko (FNKO) - The stock was up 18% following news a consortium group including eBay (EBAY) and former Disney (DIS) CEO Bob Iger will buy a $263 million investment in Funko at $21/share.
- Bausch + Lomb (BLCO) - An initial public offering (IPO) expected for Friday. Shares priced at $18, below the expected range of $21-$24. The company describes itself as "a leading global eye health business of Bausch Health (BHC)."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
These are stocks you probably havent heard of yet BUT will hear more of in the future!
Today's 5 Stock Ideas: $YN $AIKI $MNTS $SATL $CALX
- Cyngn (CYN) - A popular low-float play over the last few weeks. The company provides autonomous transportation solutions for commercial and industrial application. On Wednesday, the company highlighted the launch of its Infinitracker device, "a global positioning satellite asset-tracking device and Internet of things data collection gateway with up to 15 years of battery life."
- AIkido Pharma (AIKI) - A way to gain exposure to social communications platform provider, Discord. On Wednesday, AIkido announced it secured an early equity interest in Discord. Terms of the investment were not disclosed.
- Momentus (MNTS) - A play on space. The company announced Wednesday it completed all regulatory milestones for the inaugural flight of the company's Vigoride orbital transfer vehicle on the upcoming SpaceX Transporter-5 mission, scheduled for a May launch.
- Satellogic (SATL) - A second play on space. The company announced Wednesday a multiple launch agreement with SpaceX for its next 68 satellites. While shares initially spiked sharply on the news, the stock closed Wednesday's session down 4%.
- Calix (CALX) - A play on emerging 10G internet/network technology. The company reported Vattenfal Eurofiber selected its platform to connect Berlin, Germany homes and businesses to 10G fiber network.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- NTR - under-the-radar ag-related stocks: AVD SANW RKDA MBII BIOX
- SOUN - comments from BZ's Chris K
- FLWS - if you looking at the chart around Mother's Day, keep in mind that the company has historically reported at end of Apr.
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, May 4, 2022: NTR, SOUN, FLWS, ENVX, TECK
Today's 5 Stock Ideas:
- Nutrien (NTR) - A popular agriculture play. CEO of peer in the ag space, Mosaic (MOS), during the company's earnings conference call Tuesday, said management expects the ag market to remain "tight" beyond 2022.
- Soundhound AI (SOUN) - This week's special purpose acquisition corporation (SPAC) redemption trade. Shares were converted from the SPAC into Soundhound on Thursday of last week. As of Tuesday, about 96% of the shares for the SPAC were redeemed by shareholders, according to this tweet. As such, Soundhound's float dropped significantly, pushing the issue into low-float territory.
- 1-800-Flowers.com (FLWS) - Highlighted as a "Mother's Day stock" by popular Twitter account Will Meade on Tuesday. There isn't a clear correlation this stock moves higher into the Mother's Day holiday, celebrated on the second Sunday of May.
- Enovix (ENVX) - A play on lithium-ion battery development and production. Market Rebellion founder, CNBC contributor and Benzinga friend, Jon Najarian, highlighted the issue's options as recently seeing unusual activity.
- Teck Resources (TECK) - A play on antimicrobial copper plating as a preventative measure against coronavirus spread. The company announced on Tuesday the Vancouver International Airport would be installing its copper plating on high-touch surfaces. Something to keep in mind: studies over the last year have shown evidence coronavirus is unlikely to have been transmitted through surface touching.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on earnings today:
- STX -
- MT - WOR
- SSYS - other 3D printing stocks: DDD VJET ONVO MTLS
- SSYS Press Release here
Today's 5 Stock Ideas:
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, May 3, 2022: STX, MT, SSYS, BLTS, INOD
BZ Wire
Today's 5 Stock Ideas:
- Seagate Technologies (STX) - A play on the computer memory space. Shares of peer in the memory group, Western Digital (WDC), were up 10% following a call from shareholder Elliott Investment Mgmt. for Western Digital to separate its Flash unit. Seagate and the other main peer in the group, Micron (MU), were indicated higher in pre-market action following the Western Digital news.
- ArcelorMittal (MT) - A major European player in the steel sector. A report Tuesday morning suggested the Russian army attacked a large steel and iron plant in the Ukrainian city of Mariupol.
- Stratasys (SSYS) - A play on 3D printing. The company unveiled Monday "the industry's first 3D printer designed specifically for printing direct-to-textile" for the fashion and apparel design industry.
- Bright Light Acquisition Corp. IV (BLTS) - A play on the special purpose acquisition corporation (SPAC) merger partner for male grooming and hygiene company, MANSCAPED.
- Innodata (INOD) - A low-float momentum play over the last several weeks. On Monday, shares moved over a minor resistance level at $7.50 and continued higher to close above the $8 level. The stock was up another couple percent Tuesday morning. The issue has around 25 million shares in its float.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on earnings today:
- Tues - SBUX PFE AKAM
- Wed - EBAY MRNA
- Thurs - DASH PENN MNST
- Fri - BABA DKNG UA
Today's 5 Stock Ideas:
Highlights from this week include:
- Advanced Micro Devices (AMD) - Will report Tuesday after market close AMD normally reports around 4:15pm ET
- Block (SQ) - Will report Thursday after market close.
- Uber (UBER) - Will report Wednesday after market close. Peer in the ride space Lyft (LYFT) will publish quarterly results on Tuesday after market close.
- trivago (TRVG) - A play on travel planning. Will report Monday after market close. Company CFO, Matthias Tillman, will interview on Benzinga's "Benzinga Live" YouTube show Wednesday at 12:15 p.m. EDT.
- ContextLogic (WISH) - Will report Thursday after market close. One of the most popular stocks discussed on Reddit's WallStreetBets forum, according to data provided by Swaggy Stocks.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve, Brent and Ryan focus today:
- Coachella Enters The Metaverse
- https://time.com/6168688/coachella-enters-the-metaverse/
5 StocksTo Watch: BRK/B, BABA, LYV, FNCH, BKYI
Options Play: NKE , PLUG, RUN
Today's 5 Stock Ideas:
- Berkshire Hathaway (BRK/A, BRK/B) - Warren Buffett's famous Berkshire annual shareholder meeting takes place this weekend in Omaha, Nebraska. Berkshire will give it's latest quarter results, discuss the future of the conglomerate and (as always reported) have some fun at the same time (Buffett famously plays his favorite instrument, the ukulele). In recent years, the retirement of Buffett and his partner at Berkshire, Charlie Munger, has been a topic of speculation. During a Friday morning interview with Buffett friend and CNBC anchor, Becky Quick, she and notable investor (and also Buffett friend), Mario Gabelli, discussed why Buffett and Munger will be managing Berkshire for the next 10 years.
- Alibaba (BABA) - Chinese stocks traded sharply higher Friday. China's Hang Sang index rallied 10% following a report China's "top leaders vowed to boost economic stimulus and [amid] speculation...about a possible easing of the continued crackdown on internet firms." Alibaba shares were up 12% ahead of the opening bell.
- Live Nation (LYV) - A play on augmented/virtual-reality concert/show experiences. A Thursday report suggested Live Nation announced a partnership with Snap (SNAP) for augmented reality shows.
- Finch Therapeutics (FNCH) - One of Friday morning's biggest winners. The company announced Thursday evening the removal of an FDA clinical hold on one of its drug candidates. The stock is a low-float name, with about 25 million shares in its float. Shares were up more than 60% in pre-market action.
- BIO-Key (BKYI) - A play on biometric fingerprint technology. On Friday, the company announced it will highlight its technology for application in cybersecurity and privacy situations.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus today on other big earnings this week:
- QCOM
- Beyond Meat
- McDonald's
Today's 5 Stock Ideas
QCOM, BYND, TDOC, XPON, SLI
- Qualcomm (QCOM) - Benzinga's Spencer Israel did an exclusive interview with Qualcomm CFO Akash Palkhiwala just minutes after the company released quarterly results Wednesday evening. Among other highlights, Palkhiwala said the company has made "rapid progress" towards its financial goals. To see other highlights from the interview, search ticker "QCOM" in your Benzinga Pro News tool. A reminder that Palkhiwala will interview on Benzinga's "Benzinga Live" YouTube show Friday at 12 p.m. EDT.
- Beyond Meat (BYND) - Wednesday's most controversial stock. Shares saw extreme volatility following some "misconstrued" reporting out of publication Fast Company. The report suggested the McDonald's (MCD) Beyond Meat-based McPlant burger would become a "permanent" menu item. A Bloomberg report shortly after suggested a McDonald's spokesperson said the company had no new announcements related to Beyond Meat. The original Fast Company report was then edited to reflect info the McPlant burger would be a "core" menu item.
- Teladoc (TDOC) - Social tracking company Swaggy Stocks highlighted Teladoc as a top 5 most-mentioned ticker on Reddit's WallStreetBets forum Thursday morning. Teladoc shares were down more than 40% following mixed Q1 results and lighter-than-expected guidance.
- Expion360 (XPON) - One of Thursday morning's biggest winners. Shares were up nearly 15% following a company press release that highlighted the commencement of shipments of more than 500 of its E360 lithium batteries to a major recreational vehicle parts and accessory distributor.
- Standard Lithium (SLI) - A popular stock discussed in the Swimmers chat on Benzinga Pro. The stock is a play on lithium which has recently seen some support around the $6 level.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus today on other big earnings this week:
- QCOM - normally reports right after the close, around 4:01 or 4:02pm ET. how to find the time companies report?
- CVNA - even at 10% yield. stock sort of moved lower on this but was moving with the market. this could still be an under-the-radar item
- COSM - other low-float names today: VIVK, AFIB
7 Day Trial Offer Benzinga TRADING SCHOOL with Mark Putrino hereToday's 5 Stock Ideas QCOM MCD CVNA COSM JACK
- Qualcomm (QCOM) - The company will report quarterly results after market close Wednesday. Qualcomm CFO, Akash Palkhiwala, will interview on Benzinga's "Benzinga Live" YouTube show Friday at 12 p.m. EDT.
- McDonald's (MCD) - Will report Q1 earnings before market open on Thursday. Analysts expect earnings of $2.17 per share on sales of $5.59 billion. McDonald's has historically reported results around 7 a.m. EDT.
- Carvana (CVNA) - A Bloomberg report Tuesday suggested JP Morgan is having a tough time offloading Carvana debt.
- Cosmos Holdings (COSM) - Wednesday's low-float momentum-du-jour play. The stock was one of Wednesday's biggest pre-market winners, up about 150% on seemingly no news. The issue has about 10 million shares in its float. The company is a maker of branded and over-the-counter pharmaceuticals.
- Jack In The Box (JACK) - A play on robotics in the restaurant space. On Tuesday, the company announced it began a piloted test with Miso Robotics to deploy robotics at some company stores.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus today on other big earnings this week:
- LAC - other lithium plays: ALB LITM LTHM PLL SLI - Jim Cramer's Take On it
BZ Chart Of The Day: Is IBM's Stock About To Head South?7 Day Trial Offer Benzinga TRADING SCHOOL with Mark Putrino hereToday's 5 Stock Ideas
FB, F, IBM, LAC, AVDL
Today's 5 Stock Ideas:
- Meta Platforms (FB) - Will report quarterly results on Wednesday after market close. Analysts expect earnings of $2.56 per share on sales of $28.2 billion.
- Ford (F) - To publish Q1 earnings Wednesday after market close. Keep in mind, General Motors (GM) will report its quarterly results Tuesday after market close. GM may set a precedent for the Ford report.
- International Business Machines (IBM) - Benzinga's chart of the day on Monday. Mark Putrino of Benzinga's Trading School noted resistance in IBM shares around the $138 level. The stock held above the $138 level on Monday and was up over the $139 level Tuesday morning.
- Lithium Americas (LAC) - A play on lithium. CNBC's Jim Cramer recommended taking profits in shares of Lithium Americas during Monday's "Mad Money" episode. Cramer said lithium companies are making way too much money and it "won't stay like that."
- Avadel Pharmaceuticals (AVDL) - Shares closed down 36% on Monday, seemingly on no news. Avadel issued a press release Tuesday morning that highlighted the company was not aware of any new information related to the company's FT218 New Drug Application that would have caused the stock to move. Shares were up 40% Tuesday morning.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus today on other big earnings this week:
- AAPL, after market on Thursday, AMZN, after market on Thursday
- ROKU, after on Thursday
- HTZ, after market Wednesday
- PINS, after market Wednesday
- PYPL after on Wednesday
- FB, after on Wednesday
- GOOG, GOOGL after Tuesday, V, After Tuesday
- GM, after Tuesday, MSFT, after Tuesday
- BA, Wed, before market
- JBLU Tuesday before
- UPS, before Tuesday
- MMM, GE, before Tuesday
Steve's non stock pick of the week : Severence on Apple +
Today's 5 Stock Ideas
5 Stocks: TWTR, INTC,XLF, DWAC, SUPN
Today's 5 Stock Ideas:
- Twitter (TWTR) - Shares were up 4% Monday morning follow weekend reports Elon Musk and the Twitter board met on Sunday to discuss a possible takeover. Reports Monday said the Twitter Board was "poised" to accept a $54.20 bid from Musk and the deal could be finalized as early as Monday.
- Intel (INTC) - A play on upcoming earnings. Intel will report quarterly results after market close on Thursday, Apr. 28.
- SPDR Select Sector Financial ETF (XLF) - A contrarian way to play rising interest rates in the US and globally. Investors last week priced in four 50 basis point rate hikes by the Federal Reserve during the remainder of 2022.
- Digital World Acquisition Corp. (DWAC) - A play on the Elon Musk, Twitter deal. If the Twitter deal goes through and Elon Musk is able to focus the company on removing limits to users' speech, Digital World's Truth Social partner could be the detriment.
- Supernus Pharmaceuticals (SUPN) - A play on an upcoming FDA date. An FDA panel will rule on expanding the label for the company's attention deficit hyperactivity disorder by Friday, Apr. 29.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Special BONUS Segment Today: Options Segment with Ryan Faloona!Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve, Brent and Ryan focus today on:
Today's 5 Stock Ideas & 4 Options Ideas:
5 Stocks: TWTR, AMZN, GPS, VLON, MITQ
4 Options: LCID, PINS, BHC, KBH
- Twitter (TWTR) - Shares moved higher during Friday's pre-market session following a large block trade in the issue (detected by Benzinga Pro's Signals tool) of about 955,000 shares at $47.08 per share. That was about a $45 million block trade in Twitter.
- Amazon.com (AMZN) - Will report Q1 earnings after market close on Thursday, Apr. 28.
- Gap (GPS) - The stock was down about 17% Friday morning following Thursday news the company cut its Q1 guidance.
- Vallon Pharmaceuticals (VLON) - A low-float momentum play for Friday. The company Friday morning announced it would review strategic alternatives in order to maximize shareholder value. Shares were up more than 100%. The issue has about 4 million shares in its float.
- Moving IMage Technologies (MITQ) - One of the biggest movers on Benzinga Pro's Movers tool Friday morning. Shares were up about 35% on no news. This is a low-float name, with about 8 million shares in its float.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at ryanfaloona@benzinga.com
Director of Customer Success
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Stay Tuned For Our Options Segment On Friday with Ryan Faloona!!Biggest Cannabis Conference of ALL TIME is happening right now, watch hereHighlights From The Conference:
12:05 PM Mike Tyson: A Branding Heavyweight
Mike Tyson, Chief Brand Officer and Co- Founder, Tyson 2.0
Ric Flair, Professional Wrestler, Tyson 2.0
Chad Bronstein, Chairman and Co-Founder, Tyson 2.0
Adam Wilks, CEO, Tyson 2.0
Jason Raznick, CEO, Benzinga
WATCH HERE
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas:
CMG, GGR, PARA, RDBX, APT
Today's 5 Stock Ideas:
- Chipotle Mexican Grill (CMG) - An upcoming earnings play. This provider of fast-casual Mexican food will report on Tuesday after market close. Chipotle shares were up 25% since the end of February.
- Gogoro (GGR) - A play on electric scooters in Taiwan. Company founder and CEO, Horace Luke, will interview on Benzinga's "Benzinga Live" YouTube show Friday at 11:45 a.m. EDT.
- Paramount Global (PARA) - A play on online streaming. The company was formerly ViacomCBS. Shares were down 8% on Wednesday amid weakness in the streaming space following Netflix's (NFLX) concerning Q1 results and Q2 guidance.
- Redbox Entertainment (RDBX) - Wednesday's low-float momentum-du-jour play. Shares closed up nearly 25% Wednesday; the stock added another 13% in Thursday's pre-market session. Benzinga Pro's Details tool shows Redbox has about 10 million shares in its float. The Benzinga newsdesk team did not see news to justify the move higher Wednesday.
- Alpha Pro Tech (APT) - A play on developments related to facemasks/face coverings. While shares of Alpha Pro Tech have previously been sensitive to news on facemask mandates around the US and globally, the stock seems to have decoupled from this trend. When investors have heard news related to mask mandates over the last few weeks, shares of Alpha Pro Tech have not been impacted.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Stay Tuned For Our Options Segment On Friday with Ryan Faloona!!Biggest Cannabis Conference of ALL TIME is happening right now, watch hereHighlights From The Conference:
11:50 AM The Fascinating Story of Sundial Growers' Comeback
Speaker: Zach George, CEO, Sundial
Moderator: Scott Greiper, Founder & President, Viridian Capital Advisors
WATCH HERE
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
The Talk Of Town: NETFLIX Reports Loss of Subscribers 1st time since 2011
How Important Is Disney + To Disney?
- ROKU - the other streaming peer: DIS, CMCSA. what about FUBO?
- BABA - what is Najarian's unusual option activity segment? how to find in BZ Pro? Jon also highlighted uoa in SNAP and STNE yesterday
- RBLX - what is this data point on Decentraland property? last plot that sold for over $100k was mid Mar. How to find in BZ Pro.
- SNDL - AGFY at 11:10am ET, SSIC at 2:50pm
- NTR - other ag/fert plays: MOS SMG CF AGRI IPI YTEN BIOX
Today's 5 Stock Ideas: ROKU BABA RBLX SNDL NTR
- Roku (ROKU) - Shares were down more than 7% Wednesday morning as investors reacted to earnings out of peer in the streaming space, Netflix (NFLX), Tuesday evening. Netflix posted its first quarter of declining subscribers in about 10 years and gave guidance for next-quarter subs to fall by about 2 million. Netflix shares were down nearly 30% Wednesday morning.
- Alibaba (BABA) - Market Rebellion's Jon Najarian highlighted unusual call activity in Alibaba on Tuesday's episode of CNBC's "Fast Money: Halftime Report."
- Roblox (RBLX) - A play on news out of the metaverse this week that land in one of the most popular metaverse platforms, Decentraland, sold for about $70,000. The collection consisted of over 97,000 plots of land –– each plot land parcels were 16 meters by 16 meters, or 52 square feet.
- Sundial Growers (SNDL) - Company CEO Zach George will give an exclusive interview at Benzinga's Cannabis Capital Conference Wednesday at 11:50 a.m. EDT. This Benzinga event will feature many top execs and investors from the cannabis space; click here to see the full agenda. Many of the interviews from Wednesday's event will be broadcast on Benzinga's YouTube channel.
- Nutrien (NTR) - A play on fertilizer/agriculture prices. The Atlanta region's Federal Reserve President, Raphael Bostic, on Tuesday commented some signs show inflation have "capped off," but he noted fertilizer and other input costs may continue to add pressure to prices.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Invest In The Future Of Medicine | Psychedelics Capital ConferenceYou can tune into Benzinga Psychedelics Capital Conference hereHighlights From The Conference:
12:40 PM Why Cybin Is Investing So Heavily On Developing Novel Psychedelic Molecules with Doug Drysdale, CEO, Cybin - WATCH HERE
Moderator: Natan Ponieman, Head of Psychedelics Content, Benzinga
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- TLRY - other highlights from BZ's CCC: isiah thomas, VFF at 11:50am Wed, ACB at 2:05pm Wed, FLGC, IMCC on panel at 3:20pm, UGRO at 4:40pm Wed, Mike Tyson Thursday at 12:05pm
- ATER - other squeeze candidates: GME AMC AVCT BBIG CEI CRXT HYMC
- CYBN - tune in on BZ's YouTube channel here
Today's 5 Stock Ideas: TLRY, ATER, CYBN, CORZ, SST
- Tilray (TLRY) - Company CEO, Irwin Simon, will do an exclusive interview at Benzinga's Cannabis Capital Conference Wednesday at 4:20 p.m. EDT. Some of the interviews from the event will be broadcast on Benzinga's YouTube channel. Click here to see the full agenda for one of Benzinga's biggest events of the year.
- Aterian (ATER) - A top short squeeze candidate. The Benzinga newsdesk tracks mentions on a popular Reddit forum r/ShortSqueeze. Aterian has been the most-mentioned stock on this forum for a few weeks now.
- Cybin (CYBN) - Company CEO, Doug Drysdale, will give the keynote interview during Benzinga's Psychedelics Capital Conference Tuesday at 12:40 p.m. EDT. Click here to tune into the interview. See the full day agenda here. The event runs from 9 a.m. to after 5 p.m. EDT on Tuesday.
- Core Scientific (CORZ) - A play on bitcoin. On Monday, the company announced it has begun daily reporting of its self-mined bitcoin production on its website. The company describes itself as "a leader in net carbon neutral blockchain infrastructure and software solutions."
- System1 (SST) - One of the most momentous low-float stocks of April. Shares rallied more than 130% during the first week of the month. The stock was down nearly 30% Tuesday as the company disclosed a previously-issued (from Feb. 9, 2022) shelf registration statement went into effect.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
Song by Chiodos
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
where to find earnings info?
- BZ Pro
- press releases
- SEC filings (8-ks, 10-ks)
how to find earnings info quickly?
- BZ Pro
- in press releases: look for bullets at the top, if you don't see info near the top, scroll down all the way to the bottom to the income statement
key info from earnings reports
- sales (top line)
- EPS (bottom line) - look for adjusted or non-GAAP figures <-- this is what analysts use
- guidance
- shareholder payout info (buybacks, dividends)
- if a company is in M&A discussions, could give details
Today's 5 Stock Ideas:
Today's 5 Stock Ideas (Earnings Season Preview): IBM, SNAP, CLF, UPS, MSFT
The Q1 earnings season is now underway! Notable companies will begin reporting quarterly results this week and the trickle of results will turn into a flood during the last week of April and first week of May.
- IBM (IBM) - Will report Tuesday after market close.
- Snap (SNAP) - Will report Thursday after market close.
- Cleveland Cliffs (CLF) - Will report Friday before market open.
- UPS (UPS) - Will report Tuesday, Apr. 26 before market open.
- Microsoft (MSFT) - Will report Tuesday, Apr. 26 after market close.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- TWTR - Board meeting starts at 10am to discuss offer!
- CFRA: Musk's offer "should be viewed as enticing to shareholders (near our $55 target) and will be difficult to reject. If rejected, we fear Musk could walk away .. which would likely drive shares considerably lower
- Wedbush "Now ultimately we believe this soap opera will end with Musk owning Twitter after this aggressive hostile takeover of the company"
- Head Of Investment At UK-Based Interactive Investor, Victoria Scholar, Says Market Is Pricing In Higher Likelihood Twitter Rejects Deal From Elon Musk
- Lightshed's Rich Greenfield "Part of this is, is he even serious, like is this a game? Is he simply having fun and sort of just making a point about free speech and sort of trying to hold management's feet to the fire? Or does he actually want to own and control Twitter and run it?" More importantly, does Musk even know what he wants? Greenfield noted that based on Musk's recent activity on Twitter, his actual intentions are rather unclear. Recent activity includes a poll suggesting the company's headquarters be converted to a homeless shelter, an ask about whether or not Twitter is "dying," and a proposal to remove the "w" from "Twitter."
- LI - other Chinese ev: NIO XPEV
- SFET - other cyber names CYRN DTST IRNT CISO KD S
- NNVC - BCRX is the classic bird/swine flu play
- KLDO - being discussed similarly as VERU
You can follow Elon's Twitter Account here
Today's 5 Stock Ideas: TWTR LI SFET NNVC KLDO
- Twitter (TWTR) - Shares were up ~6% near the $49 level following news Elon Musk made an offer to buy all of the company at $54.20 per share in cash. Analysts were mixed on the news; a Wedbush analyst, Dan Ives, was optimistic the offer would be accepted while another analyst voiced concern about Elon Musk walking away from the company if his offer was rejected.
- Li Auto (LI) - A potential sympathy play following a report the CEO of peer in the Chinese electric vehicle space, XPeng (XPEV), warned all Chinese vehicle factories may have to stop production in May if supply chain disruption continues.
- Safe-T Group (SFET) - A play on cybersecurity. Stocks in the group were on watch Wednesday following reports U.S. officials said advanced hackers have shown the ability to hijack multiple industrial control systems.
- NanoViricides (NNVC) - A play on current fears related to bird flu contagion.
- Kaleido Biosciences (KLDO) - One of Thursday morning's biggest winners. The company is a low-float penny-stock play. Shares closed up 75% on Wednesday and were up another 30% Thursday morning.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- WMT - make space for PMP clip
- BBBY - stock down 12%, reminder: Ryan Cohen is the trump card. bought a ~10% stake in end of Feb. or Mar.
- EVTL stands for "piloted electric vertical take-off and landing (eVTOL) vehicle"
- BBIG - a BZ Pro user favorite
- AGRX - highlight link to presentation here
Today's 5 Stock Ideas: WMT, BBBY, EVTL, BBIG, AGRX
- Walmart (WMT) - "A recession-proof stock" according to co host of Benzinga's PreMarket Prep morning show, Dennis Dick.
- Bed Bath & Beyond (BBBY) - One of the most-searched tickers on Benzinga Pro and Reddit's WallStreetBets forum following the company's worse-than-expected Q4 sales. On the company's earnings conference call, the CEO noted industry trends have worsened since February as macro market volatility and overall consumer uncertainty has surged.
- Vertical Aerospace (EVTL) - Highlighted as seeing some recent unusual option activity by Benzinga friend and CNBC contributor Jon Najarian of Market Rebellion. Shares closed up 30% on Tuesday and were seeing some profit taking Wednesday morning, down about 11%.
- Vinco Ventures (BBIG) - The second-most mentioned stock on Reddit's r/ShortSqueeze forum Wednesday morning. The most-mentioned stock was Aterian (ATER).
- Agile Therapeutics (AGRX) - Tuesday's momentum du jour penny stock play from Tuesday. Shares closed up nearly 50% Tuesday and were up another 25% Wednesday. The company will be presenting on its Twirla at 12 p.m. EDT Wednesday.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- ATNX, we heard IBIO PRTK and STAB
Today's 5 Stock Ideas: AAPL PTE REGN SOPA PRTK
- Apple (AAPL) - A Citi note on Apple Tuesday morning suggested regulatory risks for the company could create a near-term pullback in shares that should be used as a buying opportunity. Citi said it expects Apple will announce an added buyback between $80 billion and $90 billion and raise its dividend during the month of April.
- PolarityTE (PTE) - A penny stock play by famed Twitter account Zack Morris. On Monday evening, the account tweeted a $1 price target on PolarityTE. With shares trading around the $0.30 level Tuesday morning, the upside suggested by the Twitter account would total more than 200%.
- Regeneron (REGN) - A play on an upcoming FDA date. A panel of health experts is scheduled to rule on the company's Biologic License Application for its REGEN-CoV as a prophylactic treatment for COVID-19.
- Society Pass (SOPA) - One of the top three most-searched tickers on Benzinga Pro Tuesday morning. The stock is a low-float play with about 15 million shares in its float.
- Paratek Pharma (PRTK) - Shares spiked in late-day trade Monday following reports Russia used a chemical weapon in Ukraine. The stock was viewed as having exposure to this news as the company develops NUZYRA for post-exposure prophylaxis and the treatment of pulmonary anthrax.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- where to find the info - BZ Pro News tool! for the filtered information, use SOURCE "BZ Wire." for the info from the companies (what we call the raw info), use either SOURCES "Press Releases" or "SEC"
- how to read earnings disclosures - look for the highlights at the top of a press release. look for bullets. if there arent bullets, scroll to the bottom of a press release... almost every earnings-related press release has the financial statements (income statement is key) at the very bottom.
- look for "guidance" "outlook" - forward-looking outlook can and often times is more important than the last quarterly results
- look for shareholder payout info - dividends, buybacks
- how to interpret results - odds of winning from earnings can be worsened because investors have to make a prediction about how a company will do with the quarter and how the market will respond. sell-side analysts can help with interpreting results <-- give us a shout on the BZ Pro newsdesk to try to get an angle on this.
Steve's Youtube Link: Confronting the CEO of YouTube
Today's 5 Stock Ideas (Earnings Season Preview):
The Q1 earnings season is approaching! Notable companies will begin reporting quarterly results this week and the trickle of results will turn into a flood during the first week of May.
- JP Morgan (JPM) - Will report Wednesday before market open.
- Delta Air (DAL) - Will report Wednesday after market close.
- Netflix (NFLX) - Will report Tuesday, April 19 after market close.
- Tesla (TSLA) - Will report Wednesday, April 20 after market close.
- Steel Dynamics (STLD) - Will report Wednesday, April 20 after market close.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- NOK - more picks from Dan Niles in an investor letter this week (Wed. or Thurs): ORCL CSCO DELL VIAC GOOGL ATVI CIEN ERIC
- TKAT - read from the MS note
Steve's Youtube Link: Confronting the CEO of YouTube
Benzinga Pro's Top 5 Stocks To Watch For Friday, Apr. 8, 2022: RBLX, MNDT, NOK, SBFM, TKAT
BZ Wire
Today's 5 Stock Ideas:
- Roblox (RBLX) - Described as "the closest thing we have to an actual metaverse" by Benzinga friend and CNBC contributor Downtown Josh Brown. While Brown said on Thursday's edition of CNBC's "Fast Money: Halftime Report" he likes Roblox for a long-term play, he said "this stock is not gonna work right now."
- Mandiant (MNDT) - The company and peer in the cybersecurity space, CrowdStrike (CRWD), announced a strategic partnership on Thursday. CrowdStrike's Falcon platform will now be available on Mandiant services.
- Nokia (NOK) -A recent stock pick by notable investor and manager at Alpha One Capital, Dan Niles.
- Sunshine Biopharm (SBFM) - This week's most popular low-float momentum name. Shares have rallied nearly 400% since a Tuesday morning Benzinga Pro exclusive report two of the company's recently-designated mRNA molecules had an effect on cancer cells. Sunshine Biopharma has about 7 million shares in its float.
- Takung Art (TKAT) - Probably the most popular non-fungible token (NFT) stock -- at least with the trader crowd. Traders' interest in this stock makes it one of the most sensitive movers when anything related to NFT crosses newswires. On Thursday, traders circulated commentary from Morgan Stanley that highlighted UK plans to mint its first government-backed NFT.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga's news desk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- HPQ
- NEGG
- GENI
- MNTS
- IMAC
Benzinga Live at 12:00 PM EDT here
Join Benzinga Happy Hour here
Benzinga Pro's Top 5 Stocks To Watch For Thursday, Apr. 7, 2022: HPQ, NEGG, GENI, MNTS, IMAC
BZ Wire
Today's 5 Stock Ideas:
- HP Inc (HPQ) - Shares were up 14% Thursday morning following news Berkshire Hathaway's Warren Buffett bought more than 11 million shares of HP. Buffett now owns nearly 121 million shares of HP.
- NewEgg (NEGG) - One of Wednesday's most-discussed stocks in the Benzinga Pro chats. Upon seeing the discussion, the Benzinga newsdesk team reached out to NewEgg to try to get confirmation when the company will be issuing its next quarterly results. Within about 30 minutes, a company spokesperson responded and told Benzinga the results would be issued sometime during April but that the date was not yet confirmed.
- Genius Sports (GENI) - The stock closed up about 9% Wednesday following a report the National Football League is now the largest US shareholder in Genius Sports.
- Momentus (MNTS) - Shares rallied more than 30% Thursday morning following a company press release that highlighted some previously disclosed information. The company announced the launch of a services deal with SpaceX -- a piece of info that was first disclosed on Momentus earnings conference call back in March.
- IMAC Holdings (IMAC) - This low-float stock rallied nearly 70% Thursday morning following news the company completed a pilot program with Walmart (WMT) for its The Black Space retail chiropractic concept locations. As a result of the completed pilot program, the company said it will "triple its store count with at least 20 added locations" over the next year and "significantly more stores" over the next 3 years.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- MOBQ - float is ~5.5M shares. where to find that info?
- BBAI - no news. float is 12M shares. other SPAC redemption stocks: ANGH FSRD QNGY CPTN DRTS ISPO NRGV FRGE
- bonus info on TWTR/Musk: updated to 13D filing, but actually sold shares, ~300k shares
- The most searched ticker on BZ Pro is MOBQ
Benzinga Live at 12:00 PM EDT here
Join Benzinga Happy Hour here
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Apr. 6, 2022: ULCC, TLRY, ARVL, MOBQ, BBAI
Today's 5 Stock Ideas:
- Frontier Group Holdings (ULCC) - A play on M&A news in the airline space. Shares of Spirit Air (SAVE) closed Tuesday's session up 22% following news JetBlue (JBLU) offered to buy Spirit at $33 per share. Frontier and Spirit previously announced a deal to merge. Spirit said it would consider JetBlue's proposal. Sources within the airline industry questioned whether the Frontier/Spirit deal would go through now given another proposal for Spirit.
- Tilray (TLRY) - A play in the cannabis space. The stock was a topic of discussion during Benzinga's Happy Hour meet up Tuesday. Traders inside the Benzinga community meet up to talk stocks and say a cheers Monday through Thursday after 4 p.m. ET. If you're interested to join the fun, please email Benzinga's Ryan Faloona at ryanfaloona@benzinga.com for the link.
- Arrival (ARVL) - Company President, Avinash Rugoobur, will interview on Benzinga's "Benzinga Live" YouTube show Wednesday at 12 p.m. EDT.
- Mobiquity Technologies (MOBQ) - Wednesday morning's biggest winner. The company announced a partnership with A-Nation to provide data and programmatic advertising. Traders are likely using the news as a way to target this low-float play.
- BigBear.ai (BBAI) - The second most-searched ticker on Benzinga Pro Wednesday (Mobiquity was the most-searched ticker on BZ Pro). BigBear.ai is a former special purpose acquisition corporation (SPAC) name and may be seeing interest Wednesday on recent trader attention on "the SPAC redemption trade."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- ALB - other lithium stocks: LAC LITM LTHM PLL SLI; TMC MP
Today's 5 Stock Ideas:
- TESLA Shares were unaffected following news Twitter (TWTR) named Tesla CEO Elon Musk to its Board of Directors.
- GameStop (GME) - A mysterious visual was found as a placeholder on the beta version of GameStop's non-fungible token (NFT) site. The video was posted on a GameStop investment twitter account and showed in the background the four shapes that signify Sony's (SONY) PlayStation logo as well as a Sony TV. The twitter account noted GameStop Chair Ryan Cohen followed PlayStation's twitter account recently, on Feb. 5, 2022.
- Gores Guggenheim (GGPI) - One of the most-searched tickers on Benzinga Pro Monday. The company's special purpose acquisition corporation (SPAC) merger partner, Polestar, and Hertz (HTZ) announced a strategic partnership to accelerate the adoption of electric vehicles.
- Albemarle (ALB) - A play on lithium. Stocks grouped together as lithium plays saw interest on Monday following a report Canada will spend C$2 billion in its budget to accelerate production and processing of critical minerals for its electric vehicle battery supply chain.
- Recon Technology (RCON) - Shares of this low-float stock moved higher Monday afternoon following news the company's co founder raised his stake in the company from around 12% to 50%.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- TWTR - diff between 13G and 13D. comments from Dan Ives at Wedbush
- MNST - deal buy Coke has been discussed since 2012. literally one of the oldest rumors on Wall Street. Coke has ~17% stake in company "Now is the Time for Monster (MNST) and Coke (KO) to Finally Merge - Analyst"
- XPON - company describes itself as "Expion360 Inc is focused on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles ("RV's") and marine applications with plans to expand into home energy storage products and industrial applications. Its product offerings include some of the minimal-footprint batteries in the RV & Marine industry."
- BTAI - what is this FDA date? PDUFA Prescription Drug User Fee Act. what happens on these days?
- PW - a recent highlight by 420 Investor
Benzinga Pro's Top 5 Stocks To Watch For Monday, Apr. 4, 2022: TWTR, MNST, XPON, BTAI, PW
BZ WireToday's 5 Stock Ideas:
- Twitter (TWTR) - Shares were up 20% following a 13G filing from Tesla's (TSLA) Elon Musk that showed a 9.2% stake in Twitter. This idea will be discussed much more thoroughly during this morning's Daily Stocks To Watch podcast. Listen to the podcast on Apple here or on Spotify here. The podcast is usually posted between 10 and 10:30 a.m. ET.
- Monster (MNST) - The stock saw some price action Friday after an analyst at Guggenheim commented on Monster's M&A prospects with Coca-Cola (KO).
- Expion360 (XPON) - A play on lithium batteries. This new issue opened for trade on Friday of last week.
- BioXcel Therapeutics (BTAI) - A play on an upcoming FDA date. The FDA is scheduled to rule on the company's BXCL501 candidate for treatment of agitation associated with neuropsychiatric disorders. The goal date is scheduled for Tuesday, Apr. 5.
- Power REIT (PW) - A play on real estate/property used for cannabis cultivation. The company currently has three areas of focus: Controlled Environment Agriculture (greenhouses), Solar Farm Land, and Transportation
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- RKT - 30-year mortgage was ~4.7% as of yesterday. UWMC is another play on mortgage rates, also Z/ZG
- VRAR - this was a lil-circulated piece of deep info
- MULN - the highlights from the BZ interview:
- EXCLUSIVE: Mullen Automotive CEO, David Michery Says Co Ensured That They Are Not Going To Have Any Delays In The Short Term Future
- EXCLUSIVE: Mullen Automotive CEO, David Michery Says A Fairly Large Company Will Be Buying The Company's Van Vehicles In The Close Future
- IRNT - traders are desperate for news catalysts in these low-float names. LGVN is a good example from yesterday/today
Links Steve & Brent Talks About In the Episode:
I Gave My Goldfish $50,000 to Trade Stocks
https://www.youtube.com/watch?v=USKD3vPD6ZA
WallStreetBets Responds To Michael Reeves & Frederick
https://www.youtube.com/watch?v=ih8RzJIRysM
Benzinga Pro's Top 4 Stocks To Watch For Friday, Apr. 1, 2022: RKT, VRAR, MULN, IRNT
Today's 4 Stock Ideas:
- Rocket Companies (RKT) - A play on mortgage rates being at the highest level since 2018.
- The Glimpse Group (VRAR) - A play on augmented reality. A developer from Glimpse on Thursday highlighted in a tweet an augmented reality project worked on by the company was interacted with about 9 billion times on Instagram recently.
- Mullen Automotive (MULN) - One of the most popular electric vehicle stocks with the retail investing crowd. During Wednesday's electric vehicle Listmakers event hosted by Benzinga, Mullen was far and away the most anticipated presentation.
- IronNet (IRNT) - A cybersecurity play with earnings next week. The company will report results Wednesday after market close.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- HYMC - AMC stake initially at 22%, now just under 36%. stock had been trading under 500k shares per day 2 weeks before AMC news. on the day of AMC news, traded 340M shares. since then, volume hasn't been under 40M and so far this week 385M shares on Mon, 386M shares Tues, 111M Wed
- HYLN - part 1 was a walkthrough of the Hypertruck by Thomas Healy. part 2 will include a test drive, a comparison against diesel trucks and go over competitive advantages of the Hypertruck. there will be a part 3!
- PIK - news on Mar. 17: Kidpik Reports Partnership With Disney For Release Of Cheaper By The Dozen On Disney+
- DRCT - one of yesterday's most-discussed stocks in BZ Pro chats
Links Brent Talks About In the Episode:
BZ HYLN Exclusive Interview Part 1:
https://www.youtube.com/watch?v=mgWpltQmO_I
Link to BZ Podcasts
https://www.benzinga.com/podcasts
Link To BZ YoutubeChannel https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg
Today's 5 Stock Ideas: HYMC, HYLN, PIK, DRCT
- Hycroft Mining (HYMC) - Company CEO Diane Garrett will appear on Benzinga's "Benzinga Live" YouTube show for an exclusive interview at 11:45 a.m. EDT Thursday.
- Hyliion (HYLN) - Benzinga will premier part two of three of Money Mitch's exclusive interview with Hyliion CEO Thomas Healy. Part two will include a test drive of Hyllion's Hypertruck ERX and also compare the Hypertruck against a diesel truck. The premier will be taking place on Benzinga's YouTube channel at 1:45 p.m. EDT Thursday.
- Kidpik (PIK) - A play on upcoming earnings from a recent favorite low-float stock by investors. The company will report on Thursday after market close.
- Direct Digital Holdings (DRCT) - A momentum play from Wednesday. Shares closed up more than 60%. Direct Digital is a low-float name with about 3 million shares in its float.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- KR - Icahn's issues stem from treatment of animals, practices at industrial food processing/farm facilities. "It is not my goal to tell you how to run Kroger operationally nor make money from my small investment and proxy campaign."
- BB - will investors remember this was a meme stock after earnings?
- COMS - other drone plays: VISL DPRO GPRO UAVS
- BREZ - other rocket/satellite plays: SPCE ASTR SIDU ASTS VORB
Today's 5 Stock Ideas: KR, DWAC, BB, COMS, BREZ
- Kroger (KR) - A play on legendary activist investor Carl Icahn getting involved with the company. Shares did not respond Tuesday amid news Icahn will nominate two directors to the company Board.
- Digital World Acquisition Corp. (DWAC) - A play on a technical level at $70. The stock has been hovering around this level for the last couple weeks.
- BlackBerry (BB) - The company will report quarterly results Thursday after market close. While BlackBerry hasn't been a trending stock recently, the stock had been previously grouped with other "meme stocks." Retail investors have been targeting meme stocks like AMC Entertainment (AMC), GameStop (GME) and Bed Bath & Beyond (BBBY) over the last week or two.
- COMSovereign (COMS) - A play on the commercial drone space. Stocks in the group saw volatility Tuesday following a report a district court in Texas overturned a ruling on the prohibition of commercial drone flight over private property.
- Breeze Holdings Acquisition Corp. (BREZ) - A play on space logistics and transportation. This blank-check company is expected to merge in a special purpose acquisition corporation (SPAC) deal with D-Orbit..
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- AAL - how to find developments on Russia/Ukraine in BZ Pro?
- WISH - how to find other most-mentioned tickers on BZ Pro?
- MKTW - other top short interest stocks: WEBR, GFAI, BGFV, FUV, BYND, GOGO, BEEM, LMND, GTLB, CWH
Today's 5 Stock Ideas: $AAL, $VEON, $WISH, $GFAI, $MKTW
- America Air (AAL) - Airline stocks were a beneficiary of the favorable reports from Russian and Ukrainian negotiator talks in Istanbul, Turkey Tuesday morning. Crude oil briefly fell below the $100 per barrel level, down nearly 6%. A Ukrainian negotiator said enough favorable developments have happened to potentially facilitate discussion between Ukrainian President Zelenskyy and Russia's Vladimir Putin. A Russian negotiator called the talks in Istanbul "constructive."
- VEON (VEON) - A play on seemingly favorable talks between Russian and Ukrainian negotiators. The company is a provider of connectivity and internet services in Russia, Ukraine and 8 other Middle East and Eastern European nations. The stock was up 16% in pre-market action.
- ContextLogic (WISH) - A top 15 most-mentioned ticker on Reddit's WallStreetBets retail investor forum Tuesday. The data for the most-mentioned tickers was compiled by a proprietary scanner used by the Benzinga Pro newsdesk team. To find a list of the most-mentioned tickers on WallStreetBets each day, search phrase "WallStreetBets" in the search field of your Benzinga Pro News tool.
- Guardforce.AI (GFAI) - One of Tuesday morning's biggest winners. Shares were up more than 40% following news the company is setting up subsidiaries in Dubai and Australia with the focus of rolling out its Robotics As A Service products.
- Marketwise (MKTW) - A play on very high short interest. A proprietary scanner of short interest used by the Benzinga Pro newsdesk showed Marketwise had the highest short interest; about 45% of its float was shorted as of the most recent check.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- DATS - other metaverse stocks - FB RBLX MTTR WIMI VRAR IMMR KOPN BHAT
- AKBA - what is a PDUFA date? Prescription Drug User Fee Act
- CRTD - other NFT stocks - NKE DKNG CSCW PLBY WWE HOFV DLPN TKAT TAOP FNKO how do we find these correlations (ie metaverse, NFT stocks)?
Today's 5 Stock Ideas:
- AMC Entertainment (AMC) - A play on further investment in meme stocks. A Monday morning article from Reuters highlighted commentary from AMC CEO Adam Aron "I'd like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns." Shares of AMC's recent investment, Hycroft Mining (HYMC), traded up more than 30% Monday morning on the comment.
- lululmeon (LULU) - Will report Q4 earnings Tuesday after market close.
- DatChat (DATS) - A play on the metaverse. DatChat shares traded up more than 30% Monday morning following news from the company it will launch a metaverse advertising and non-fungible token monetization platform.
- Akebia Therapeutics (AKBA) - A play on an upcoming FDA date. An FDA panel will rule on Tuesday on the company's treatment candidate for anemia related to chronic kidney disease.
- Creatd (CRTD) - A play on non-fungible tokens. The company launched the beta version of its NFT gallery Friday, named "OG Gallery."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- GNLN - all the cannabis stocks: $CLVR $TLRY $SNDL $ACB $NEPT $IGC $HEXO $CGC $YCBD $FLGC $HUGE $IMCC $CRON $HITI $OGI $GRVI $GRWG $LFLY $VFF $AKAN $KERN
- CHWY - update on Cohen today: on Mar. 7 Cohen showed 9.8% stake in BBBY. today BBBY announcing "cooperation deal" with Cohen. 3 board nominees from Cohen's venture fund (out of 14 members total). Board forming 4-member committee to explore strategic alternatives for BBBY's buybuy BABY
- XPEV - keep in mind: the first the company in a sector to report will often influence the peers the most. other chinese ev name: LI.
- MU - WDC, STX are sympathy plays
- CSCW - have mentioned this stock thrice before on STW alert
Today's 5 Stock Ideas:
- Greenlane Holdings (GNLN) - A play on momentum in the cannabis space. A Thursday afternoon report "Federal Marijuana Legalization Bill Officially Scheduled For House Floor Vote Next Week" moved the entire cannabis space higher. Greenlane is a global distributor of cannabis-related products to cannabis dispensaries as well as direct to consumers.
- Chewy (CHWY) - A play on famed entrepreneur and activist investor Ryan Cohen. Cohen founded Chewy, has taken over the helm as Chair at GameStop (GME) and is now a major investor in Bed Bath & Beyond (BBBY). Chewy will report quarterly results on Tuesday of next week.
- XPeng (XPEV) - A play on the Chinese electric vehicle space. Shares moved Friday morning in sympathy with competitor NIO (NIO), which had earnings Thursday evening.
- Micron (MU) - A play on upcoming earnings. The computer memory manufacturing company will report quarterly results next week on Tuesday. Results are expected after the close of trade.
- Color Star Technology (CSCW) - A play on the metaverse. The company announced Friday morning the formation of a new subsidiary in Singapore to focus on the company's digital commerce and products in the metaverse.
- .
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- NKLA - other commercial-grade ev names: HYLN, WKHS, RIDE. (diff than consumer-grade EV names: FSR LCID RIVN)
- UBER's Big News in NYC
- MFIN - LYFT also sensitive to this
- PTON - event focus on women's history month.
- LLAP - another upcoming SPAC: FMAC -> Starry, expected to close by end of Q1. Starry provides "wideband hybrid-fiber fixed wireless technology, Starry is deploying gigabit capable broadband"
- CPTN - other stocks in this group back in mid Feb: ANGH ISPO NRGV QNGY SKYH
Today's 5 Stock Ideas: NKLA, MFIN, UBER, PTON, LLAP, DRTS, TWNT
- Nikola (NKLA) - Shares were up 20% Thursday morning following news of a quicker timeline for commercial production of its trucks. During an Analyst Day meeting on Wednesday, the company said commercial production began this week; Nikola management had previously expected commercial production to begin by the end of Q2 2022.
- Medallion Financial (MFIN) - The stock was up 10% on light pre-market volume following news Uber (UBER) reached a deal with New York City to list all taxis on its app. Medallion is a lender; however, traders consider this stock to be a play on taxis in NYC as it provides lending for taxi cab medallions, effectively a New York City cab drivers permit to operate their taxi.
- Peloton Interactive (PTON) - The company will host a virtual community event on Friday of this week. The event will run from 12 p.m. EDT to around 3 p.m. EDT and will feature Pelton class instructors Camila Ramón and Charlotte Weidenbach.
- Terran Orbital (LLAP) - An upcoming special purpose acquisition corporation (SPAC) play. Two recently-completed SPACs on Wednesday saw heavily-increased attention, volume and volatility: Allego (ALLG) and Alpha Tau Medical (DRTS). Allego shares closed Wednesday's session up 114%; Alpha Tau shares closed up 14%. While the Benzinga newsdesk team couldn't find specific news to justify the sharp moves higher, the connection traders were making between Allego and Alpha Tau seemed to be specific to the fact that each issue was a recently-completed SPAC. The SPAC deal for Terran Orbital, a vertically-integrated satellite solutions company, is expected to close on Mar. 25, 2022, meaning Terran Orbital is expected to begin trade under ticker "LLAP" early next week. Terran Orbital currently trades under Tailwind Two Acquisition Corp. (TWNT).
- Cepton (CPTN) - A play on pre-market momentum in Fast Radius (FSRD). Cepton and Fast Radius were clumped into a trader group back in mid February. While the two companies don't have commonality in operations, traders bid up both stocks sharply on their low-float status. Fast Radius shares were up about 18% in pre-market action Thursday.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on:
- GME - AMC ceo owns ~800K shares, BB ceo owns ~6M shares, BBBY ceo ~1.1M shares how to get this info
- CELZ - Benzinga Pro users talking about this stock
- DBE - earnings
Today's 5 Stock Ideas:
Benzinga Pro's Top 4 Stocks To Watch For Wednesday, Mar. 23, 2022: GME, BIDU, CELZ, BTBT
Today's 4 Stock Ideas:
- GameStop (GME) - Shares were up 30% Wednesday morning following news company Chair Ryan Cohen bought 100,000 shares of GameStop stock. Cohen's stake in GameStop now sits at over 9.1 million shares.
- Baidu (BIDU) - A play on strength in Chinese stocks. Baidu is often referred to as "the Google of China."
- Creative Medical Technology Holdings (CELZ) - One of Wednesday morning's most-discussed stocks. Traders in Benzinga Pro's Swimmers chat labeled the stock "ww" for "worth watching" after the company announced results from a trial of a treatment candidate for human spines.
- Bit Digital (BTBT) - A play on cryptocurrencies and mining. Fed Chair Jay Powell, in a non-Fed event Wednesday morning, reiterated the Fed is looking at addressing regulatory gaps in digital assets.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas:
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, Mar. 22, 2022: BABA, OKTA, DPRO, AGTC, ADBE
Today's 5 Stock Ideas:
- Alibaba (BABA) - Shares up ~10% premarket. The company raised its buyback program from $15 billion to $25 billion.
- Okta (OKTA) - Shares down ~8% premarket. A report indicated the company is investigating a report of a digital breach after hackers posted screenshots of what they claimed were its internal company environment.
- Draganfly (DPRO) - Shares up ~85% premarket. The company announced it received an order for its Medical Response and Search and Rescue Drones from Coldchain Delivery Systems for immediate deployment with Revived Soldiers Ukraine.
- Applied Genetic Technologies (AGTC) - Shares down ~30% premarket. The company announced a common stock offering.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas: BA, COIN, NILE, ZGNX, MULN
- Boeing (BA) - Shares were down 6% Monday morning following the crash of a China Eastern Airlines (CEA) Boeing 737 aircraft in China. Shares of China Eastern Air were also lower, down about 12%.
- Coinbase (COIN) - A new short by notable short seller and manager of hedge fund Kynikos, Jim Chanos.
- BitNile (NILE) - A penny stock play on a bitcoin mining company. Shares were up about 80% on Monday; the stock flirted with the $1 level. The Benzinga newsdesk did not see news to justify the move higher. While the company did announce its TurnOnGreen subsidiary would be acquired, the stock was moving prior to the M&A news.
- Zogenix (ZGNX) - An FDA play for later this week. The company is seeking approval for its supplemental New Drug Application for its Fintepla; an FDA panel will review the data no later than Friday of this week.
- Mullen Automotive (MULN) - A momentum play in the electric vehicle space. The stock was up 20% on no news. The issue is in low-float territory, with around 20 million shares in its float.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Most Searched Ticker In Benzinga Pro $PIKHappy Friday!
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today Steve and Brent are talking about:
- Quad Witching Day
- AMD - what is an index rebalance? what is an order imbalance? other stocks that were listed on S&P and Nasdaq imbalances: JD sell imbalance of ~2.3M shares, IRT ~14M share buy imbalance, VZ ~12M share buy imbalance, SWN ~12M share buy imbalance, NCLH ~8M share buy imbalance, TSLA ~4M share buy imbalance, F ~3M share buy imbalance
- NXTP - other metaverse plays: FB (last we heard, ticker will be changed to META in first-half of 2022) (Gene Munster on Mar 9 called stock the best way to play metaverse), WIMI, BHAT, IMMR, KOPN, MTTR, RBLX, VRAR, VUZI
- Space Plays: AKRX
Today's 5 Stock Ideas: AMD, PIK, ASTS, NXTP, PSO
- Advanced Micro Devices (AMD) - Shares have rebounded about $10 off a recent low of $100.27 set earlier this week. A trader highlighted on Twitter Thursday afternoon a large buy imbalance in AMD ahead of Friday's Nasdaq 100 rebalance.
- Kidpik (PIK) - Thursday's momentum-du jour play. After the stock closed up 158% on Thursday, shares continued their run Friday morning, up another 20%. This is a low-float issue with about 3 million shares in its float. On Thursday morning, the company announced a partnership with Disney (DIS) for the release of its Cheaper By The Dozen film on Disney+. The stock has been the most-searched ticker on Benzinga Pro over the last two sessions.
- AST MobileSpace (ASTS) - Considered a play on space. The company is a designer and manufacturer of satellites. Other stocks clumped in the space trade group include Astra Space (ASTR), Virgin Orbit (VORB) and Virgin Galactic (SPCE).
- NextPlay Technologies (NXTP) - A play on the metaverse. Traders had considered the stock a play on the metaverse since the summer of 2021; however, on Thursday, the company tweeted to highlight a launch event for the metaverse.
- Pearson (PSO) - A play on a potential near-term technical support level. Shares saw very heavy volume and a spike sharply higher midday Thursday. The odd price action followed an hour-long consolidation phase within a few pennies around the $10.70 level. Shares were indicated below that level, near the $10.50 level Friday morning.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Happy St. Patrick's Day! Email Us at stevekrause@benzinga.com or brent@benzinga.com to let us know what you are drinking today!Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas: (Happy St. Patty's Day Edition):
- Diageo (DEO) - Owner of Guinness, Lagavulin Scotch and Bailey's Irish Creme. When you pour your Guinness today, make sure to follow the Irish rules: pour a third of it, let it sit for a few minutes, pour another third, let it sit for a few minutes and then pour the last third.
- Constellation Brands (STZ) - Owner of Mi Campo tequila and Modelo beer. No limes please!
- Molson Coors (TAP) - A play on hard seltzers. Owner of Topo Chico Hard Seltzer. Molson Coors also owns Killian's Irish Red.
- Brown Forman (BF/A, BF/B) - Owner of Jack Daniel's and Woodford Reserve.
- Gaucho Group (VINO) - A play on wine. The company describes itself as a "developer and operator of real estate projects in Argentina. It operates a hotel, golf and tennis resort, vineyard and producing winery in addition to developing residential lots located near the resort."
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
This morning Steve and Brent are looking at:
- a ton of other Chinese stocks moving this morning (via BZ Pro Movers tool): DUO BEKE DIDI LKCO KC LAIX PDD DDL ZH BILI YMM GDS RERE FUTU YY WDH TIGR HUIZ CANG OCFT IQ BZ TME TUYA VIOT VNET CD AACG JD BZUN TAL AIM IH RLX HTHT XNET QFIN DADA MOGU YSG ACMR MOHO TCOM API DAO BQ LIZI SY LI MOMO BABA RAAS ZME NIO QTT LX NEW FENG XPEV MNSO JG DQ BEST ZTO EH LU ZLAB HUYA NTES GOTU YI AIHS
- PreMarket Prep Show
- Trump Sensitive Stocks
Today's 5 Stock Ideas: BABA, PHUN, WEBR, PLL, DWAC
- Alibaba (BABA) - Chinese stocks were sharply higher across the board Wednesday. China's top financial policy body issued a statement that suggested it would ensure stability in capital markets and support overseas stock listings. Other Chinese stocks that moved higher included DiDi Global (DIDI), Luokong Technology (LKCO) and KE Holdings (BEKE).
- Phunware (PHUN) - Shares were up 5% Wednesday morning following news from the company it will provide an online form enabling shareholders to direct their brokerages not to loan out company securities. The initiative is designed to restrict short selling in the company's stock.
- Weber (WEBR) - One of the most-shorted stocks, according to Benzinga's proprietary short interest scanner.
- Piedmont Lithium (PLL) - Compoany CEO, Keith Phillips, will appear on Benzinga's "Benzinga Live" YouTube show on Friday of this week, around 12 p.m. EDT.
- Digital World Acquisition Corp. (DWAC) - A sympathy play following the news out of Phunware. Shares of Digital World and Phunware have been clumped together in a trading group as Phunware previously announced deals with Trump Media..
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas: AMC, GME, BFLS, VRAR, JOBY
- AMC Entertainment (AMC) - Shares were up 5% Tuesday morning following news the company will buy a 22% stake in Hycroft Mining (HYMC). AMC's press release noted "The 71,000 acre Hycroft Mine in northern Nevada is one of North America's largest development sites." Shares of Hycroft were up 100% amid the news.
- GameStop (GME) - Will report quarterly results after market close on Thursday of this week. Analysts expect a gain of $0.84 per share on sales of about $2.2 billion.
- BioLife Solutions (BLFS) - A play on cold storage for biopharma products. The company announced Tuesday morning sales from its Freezers and Thaw Systems platform unit was expected to reach about $75 million during 2022.
- The Glimpse Group (VRAR) - A play on virtual and augmented reality for healthcare application. The company announced Tuesday a patent for "presenting a Simulated Reality Adaptive User Space." The application could include virtual reality for mental health therapy.
- Joby Aviation (JOBY) - A play on electric aviation. The company Tuesday announced it began the fourth of five stages to receive Part 135 air carrier certificate from the Federal Aviation Admin.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
In today's episode Steve and Brent look at:
- What Is Primary Endpoint?
- What to watch in Chinese Stocks and their sympathy plays in biotech etc.
Today's 5 Stock Ideas: VOLT, BABA, NKTR. ASO, CVX
- Volt Information Sciences (VOLT) - Shares up ~95% premarket. The company announced it will be acquired by Vega Consulting, Inc. for $6 per share in cash.
- Alibaba (BABA) - Shares down ~5% premarket. Shares of several Chinese stocks are trading lower amid a COVID-19 outbreak in the country which has caused some business operations so cease. Other stocks in the sector include: BIDU, JD, PDD, NIO.
- Nektar Therapeutics (NKTR) - Shares down ~52% premarket. The company's Phase 3 PIVOT trial did not meet its primary endpoint.
- Academy Sports And Outdoors (ASO) - Shares up ~6.4% premarket. The company announced it would join the S&P SmallCap 600.
- Chevron (CVX) - Shares down ~2.9% premarket. Morgan Stanley downgraded the stock from Overweight to Equal-Weight. A pullback in oil prices has also weighed on the stock.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Our hosts Brent and Steve are resting their vocals today and will be back on Monday to resume normal programming.Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas:
- The Wall Street Journal poll concluded that President Biden failed to satisfy 57% of voters despite an appreciation for his response to the Russian - Ukraine crisis and a recent State of the Union speech.
- The poll results were consistent with WSJ's previous poll taken during mid-November.
- Biden's fellow Democrats also lost ground to Republicans on several issues related to improving education and the COVID-19 response.
- Related Content: Biden Vs. Trump: How Did Stock Market Returns Compare After Their First Year As President?
- Democrats also got poor marks for handling inflation and the economy, which was a pressing issue for most voters, followed by the Ukraine crisis.
- More voters admitted that Republicans had a better plan to improve the economy.
- Americans battled a spike in COVID-19 cases, supply chains bottlenecks, and surges in gasoline and other consumer prices since the last WSJ poll.
- Around 46% of voters agreed to back a Republican candidate for Congress if the election were today, compared with 41% who favored a Democrat.
- Recently, Jim Cramer named (NASDAQ:ENPH) the ideal stock to own under Joe Biden's presidency.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- AMZN - stock splits don't affect a companies operations?
- YUMC - other china stocks moving today: BILI DADA EDU HNP PTR XPEV
- NTRA - Piper maintained overweight, $80 target, Canaccord said "share weakness appears overdone," "Not Enough Is Known About Co.'s Potential Use Of Third Parties For Prior Authorizations, Says Allegation Of Deceptive Billing Practices Not A New Debate"
- LTBR - other uranium stocks: UUUU UEC URG CCJ
Today's 5 Stock Ideas: AMZN, YUMC, INDO, NTRA, LTBR
- Amazon.com (AMZN) - Shares were up 5% Thursday morning following news the company will split its stock 20-for-1. The stock will begin trading split adjusted on Jun. 6.
- Yum China (YUMC) - A play on Chinese consumers. Chinese stocks were down across the board Thursday morning. Reports mid week highlighted China's balancing act on neutrality related to the Russian invasion of Ukraine. An Axios report suggested the Chinese stance is starting to lean more toward favoring Russian actions. A Bloomberg report noted China's consideration for investments in Russian energy firms. CNN reported on misinformation being shared within China.
- Indonesia Energy (INDO) - A play on continued momentum in nano-cap, low-float energy companies. The company announced Thursday morning it commenced drilling of two back-to-back production wells at the Kruh block.
- Natera (NTRA) - The target of a short-seller report Wednesday. Shares closed down more than 30% Wednesday. The company responded and said it disagreed with the accuracy of the report. Analysts at Canaccord and Piper defended the stock. Shares were up about 15% Thursday morning.
- Lightbridge (LTBR) - A play on a nuclear fuel technology company. Uranium and nuclear-related stocks moved higher midday Wednesday following a report US was considering sanctions on Russian nuclear power supplier Rosatom.
News Catalysts:
China's state media buys Meta ads pushing Russia's line on war
China Considers Buying Stakes in Russian Energy, Commodity Firms
China's promotion of Russian disinformation indicates where its loyalties lie
U.S. Weighs Sanctions on Russian Uranium Supplier Rosatom
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Trivia Of The Day: Why is Corning(NYSE:GLW) ticker GLW? Listen to the episode to find out!
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- CRWD - what is the value of analyst estimates? a way to compare a result so we can understand if a company did better or worse than expected
- SRCL - using BZ Pro to verify a sources track record
- What is Deal Reporter?
Today's 5 Stock Ideas: CRWD, GLW, SRCL, HYMC, WYY
- CrowdStrike (CRWD) - A play on cybersecurity. The company will report quarterly results Wednesday after market close. Analysts expect earnings of $0.20 per share on sales of $411 million.
- Corning (GLW) - A play on Apple's (AAPL) new Studio Display, a Mac with a 27-inch 5K glass screen. Corning is the maker of the glass used in Apple devices.
- Stericycle (SRCL) - A play on M&A speculation. Alert service Dealreporter late Wednesday reported Republic Services (RSG) was interested in the company. Shares of Stericycle sold off following the report.
- Hycroft Mining (HYMC) - A play on rising metals and mineral prices globally amid the Russian invasion of Ukraine. The company is a nano-cap, low-float momentum name. Shares closed up 200% Tuesday.
- Widepoint (WYY) - A nano-cap, low-float play which traders suggested could be clumped into the cybersecurity momentum play Tuesday. The company operates in the identity management/theft space.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- the other oil & gas momo plays moving this morning: NINE INDO IMPP PFIE MARPS USWS USEG ENSV HUSA SDPI CELP CEI SNMP IO OEG GBR TUSK MXC VTNR KLXE
- a special bonus listicle today!!!: low-priced, low-cap, low-float mining stocks amid rising prices in aluminum, copper, zinc, nickel: AAU AQMS GPL HYMC LODE NAK PLM TMC TRX PZG MTR WWR PLG CHNR
Today's 5 Stock Ideas:
- Roblox (RBLX) - A play on a notable technical level at $42. Shares rebounded sharply off the $42 level around 12:30 p.m. EST Monday and then again about an hour later. Despite the near-term midday support, shares closed closer to the $41 level Monday afternoon.
- PEDEVCO (PED) - A momentum name in the small cap, low float oil and energy trading group. Shares were up about 7% in pre-market action with other small energy names like Nine Energy Services (NINE), US Well Services (USWS) and New Concept Energy (GBR).
- SPI Energy (SPI) - A tangent play to the low float energy play. While the company does not directly have operations in oil and gas, the company is a provider in the photovoltaic (solar) space. Shares were up 15% on Tuesday morning. The stock has around 17 million shares in its float.
- ION Geophysical (IO) - Another play in the low market cap, low float oil and gas group.
- Bragg Gaming (BRAG) - A play on sports betting in the province of Ontario, Canada. The company announced Tuesday morning it was "among the very first iGaming suppliers to have been granted a license" by Ontario's Alcohol And Gaming Commission.
Hosts:
Steve Krause Reach out to Steve at stevekrause@benzinga.com
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at brent@benzinga.com
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Most
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- KSS - UPDATE: Kohl's Sees Long-Term Sales Growth In Low Single Digit Range, EPS Growth In Mid-To-High Single Digit Range,
- UPDATE: Kohl's Says Plans To Growth Sephora Unit To A $2B Business Across 850+ Stores,
- UPDATE: Kohl's Expects To Open 100 New Kohl's Stores In Next 4 Years
- inflation plays (metals, mining): AA, X, STLD, CLF, FCX
- momentum oil plays: INDO IMPP HUSA CEI GBR MARPS MXC NINE USEG
Today's 5 Stock Ideas: BBBY, KSS, AA, HUSA, KSCP
- Bed Bath & Beyond (BBBY) - Shares were up nearly 100% Monday morning following news GameStop (GME) Chair and Chewy (CHWY) founder, Ryan Cohen, took a nearly 10% stake in Bed Bath & Beyond. Bed Bath & Beyond was the most-searched ticker by Benzinga Pro users Monday morning.
- Kohl's (KSS) - A play on an Investor Day meeting being held by the company today. The event will begin at 9 a.m. EST. Kohl's execs will lay out their strategic growth efforts for the company over the next few years.
- Alcoa (AA) - A play on inflation. As the price of oil rises, the cost of every good transported around the world will go up with it -- including aluminum and other metals.
- Houston American Energy (HUSA) - A low-float, nano-cap play on rising oil prices.
- Knightscope (KSCP) - A play on robotic security. The company last week tweeted to highlight it is hiring for many of its teams.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- other uranium plays UUUU UEC URG
- how to find analyst ratings on BZ Pro Newsfeed
- how to find Importance column on BZ Pro Calendar
- other bitcoin mining stocks
Benzinga Pro's Top 5 Stocks To Watch For Friday, Mar. 4, 2022: CCJ, TLRY, BLNK, CIFR, RIBT
Today's 5 Stock Ideas:
- Cameco (CCJ) - A play on uranium. Shares saw volatility Thursday following word US Secretary of State Blinken said nuclear talks with Iran had seen "significant progress."
- Tilray (TLRY) - A play in the cannabis space. An analyst at Canaccord upgraded the stock to Buy Friday morning.
- Blink Charging (BLNK) - A play on electric vehicle charging. The company will report Q4 results on Wednesday of next week.
- Cipher Mining (CIFR) - A new play on bitcoin mining. The company announced Friday it began bitcoin mining last month.
- RiceBran Technologies (RIBT) - Another play on a possible crop shortage amid the Russian invasion of Ukraine. The company describes itself as a procurer and marketer of numerous products from rice bran.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Sr. Reporter, Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Most Searched Tickers Over The Last 24 Hours on Benzinga Pro CISO
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- SNOW - analysts are maintaining their buy ratings. a Morgan Stanley analyst said "By improving price performance for the end customer, SNOW takes a hit on near-term monetization, but should yield a higher volume of workloads moving to the platform and more durable growth longer-term. We would take advantage of the dislocation to build positions in this core software franchise"
- NRDY - a warning on the 10b5-1 trading plan when viewing form 4 filings
Benzinga Pro's Top 5 Stocks To Watch For Thursday, Mar. 3, 2022: SNOW, ZUO, RKDA, CISO, NRDY
Today's 5 Stock Ideas:
- Snowflake (SNOW) - One of Thursday morning's biggest decliners. The stock was down 18% despite better-than-expected quarterly results. Snowflake also announced the purchase of a software framework company named Streamlit.
- Zuora (ZUO) - The company announced a $400 million investment from private-equity firm Silver Lake. Zuora also announced strong Q4 earnings and sales but gave guidance that was light.
- Arcadia Biosciences (RKDA) - A play on increased investor focus on crop and wheat prices. On Wednesday, traders circulated word Russia produces 66% of fertilizer used to grow corn and wheat. Arcadia describes itself as a producer of high-value crop improvements primarily in wheat, soy, and hemp.
- Cerberus Cyber Sentinel (CISO) -One of the most-searched tickers on Benzinga Pro Thursday morning. The company is a play on cybersecurity.
- Nerdy (NRDY) - A play on recent insider buying by the company's CEO, Charles Cohn. The exec bought about $1 million shares in company stock on Wednesday of this week.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Sr. Reporter Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Most Searched Tickers Over The Last 24 Hours on Benzinga Pro SOFI F JWN TSLA IMPPStraight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- other sympathy plays in solar space: ENPH RUN CSIQ JKS SOL SEDG
- other shipping stocks: SHIP EGLE GNK NM FRO SBLK ESEA DAC GOGL TK NAT DHT
- other plays in low cap, low float petroleum space: INDO CEI ENSV MARPS USWS SNMP HUSA
Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Mar. 2, 2022: TSLA, ZM, SPWR, DSX, IMPP
BZ WireToday's 5 Stock Ideas:
- Tesla (TSLA) - The stock held above a couple notable technical levels on Tuesday morning and afternoon around $850 and $855, respectively. Shares flirted with the $870 level Wednesday morning.
- Zoom Video Communications (ZM) - Named the PreMarket Prep stock of the day for Tuesday by PMP co-host Joel Elconin. Click here to read Joel's article.
- SunPower (SPWR) - A sympathy play following earnings out of peer in the solar space, First Solar (FSLR). While First Solar shares were down more than 10% Wednesday morning following worse-than-expected quarterly results Tuesday evening, shares of SunPower saw very light volume and price action in the pre-market session.
- Diana Shipping (DSX) - A play on continued violence in Ukraine and Russia. Diana is an overseas shipping company headquartered in Greece.
- Imperial Petroleum (IMPP) - A momentum play Wednesday morning. Shares have been extremely volatile over the last few weeks as traders have taken interest in small-cap, low-float energy and petroleum plays amid disruptions in oil supply related to the Russian aggression of Ukraine.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Sr. Reporter Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Steve and Brent focus on the following today:
- where to find the info (3 possibilities: in a press release, in an SEC filing, on a company website [SQ, NFLX, TSLA <- 3 high-profile names that have investors go to company website)
- how to read a piece of earnings disclosure - look for the bullets at the top of the press release, look for the financial statements at the very bottom of release, look for keywords like "Guidance" or "Outlook," want the non-GAAP/pro forma/adjusted earnings figure
- the importance of guidance
Benzinga Pro's Top 5 Stocks To Watch Tuesday, Mar. 1, 2022: COST, KR, BOX, SOFI, CHPT
Today's 5 Stock Ideas (The Final Earnings Preview Edition)
- Costco (COST) - To report quarterly results Thursday after market close.
- Kroger (KR) - Will report Thursday before market open.
- Box (BOX) - Will publish earnings Wednesday after market close.
- SoFi Technologies (SOFI) - To issue results Tuesday after market close.
- ChargePoint (CHPT) - Will report Wednesday after market close.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Benzinga Pro's Top 5 Stocks To Watch For Monday, Feb. 28, 2022: ZM, AMC, YNDX, MULN, INDO
- Zoom Video (ZM) - Will report quarterly results after market close on Monday. Analysts expect earnings of $1.05 on sales of $1.05 billion.
- AMC Entertainment (AMC) - To publish Q4 results Tuesday after market close.
- Yandex (YNDX) - Shares were halted on the NASDAQ Monday morning. In addition, shares of QIWI (QIWI), Ozon Holdings (OZON), Mechel (MTL) and Mobile TeleSystems (MBT) were also halted as these companies are either headquartered in Russia or do a majority of their businesses in Russia.
- Mullen Automotive (MULN) - One of Monday morning's big winners, up 45%. The company announced progress on development of its solid-state polymer battery pack. Keep in mind Mullen was a momentum name from last week amid the SPAC-redemption trade.
- Indonesia Energy (INDO) - A play on continued momentum last week. Shares were up another 19% Monday morning following a 200% rally last week. Shares saw momentum as the stock was clumped into a trading group containing low market cap, low float energy and petroleum stocks.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Today's 5 Stock Ideas (The All Cybersecurity Edition):
Traders have been moving through groups of momentum plays this and last week amid the volatility stemming from the violence in Ukraine.
Last week the play was low market cap energy and petroleum names.
This week the theme has been momentum in more-niche cybersecurity plays.
The following cybersecurity stocks have seen increased volatility this week amid that momentum:
- SentinelOne (S)
- IronNet (IRNT)
- CYREN (CYRN)
- Data Storage (DTST)
- Cerberus Cyber Sentinel (CISO)
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
Benzinga Pro's Top 5 Stocks To Watch For Thursday, Feb. 24, 2022: VGK, BIDU, TRKA, HYPR, HUSA
Today's 5 Stock Ideas:
- Vanguard FTSE Europe ETF (VGK) - An exchange-traded fund (ETF) play on the aggression by Russia into the Ukraine. Similar to the VanEck Russia ETF (RSX), this ETF is an effective way for traders to play developments in eastern Europe and Russia.
- Baidu (BIDU) - A sympathy play following quarterly results out of another Chinese mega-cap company, Alibaba (BABA). Sympathy plays are known to move in correlation. While Alibaba shares were down about 5% with the broader market, Baidu shares were down about 3% on light volume.
- Troika Media Group (TRKA) - News from the company out exclusively on Benzinga Pro earlier this morning. Troika reported the purchase of Converge Direct LLC for $125 million. To see other market-moving exclusive headlines from the Benzinga Pro team of breaking-news reporters, filter your Benzinga Pro Newsfeed by the "Market-Moving Exclusives" news category.
- Hyperfine (HYPR) - A play on magnetic resonance imaging (MRI) technology. Shares of this low-volume stock spiked higher Wednesday as traders viewed the stock as a play following reports of a mention by Facebook/Meta's Mark Zuckerberg of MRI imaging technology related to the metaverse.
- Houston American Energy (HUSA) - A play on extreme momentum in low market cap energy/petroleum companies. Other stocks trading in this group include Indonesia Energy (INDO), Imperial Petroleum (IMPP) and Camber Energy (CEI).
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
In Today's episode:
- Spac-redemption list: REVB ANGH CPTN MULN NRGV QNGY ISPO
- what is low-float?
- what is a peer play?
- will OSTK get you exposure to tZERO?
Today's 5 Stock Ideas:
- American Axle (AXL) - A sympathy play following news out of peer in the auto parts space, Tenneco (TEN). Tenneco shares were up nearly 100% following news it will be acquired by Apollo (APO).
- Overstock.com (OSTK) - A play on blockchain and digital assets. Shares were up 11% Wednesday morning following news Tuesday evening owner of the NYSE, Intercontinental Exchange (ICE), made an investment in Overstock's tZERO digital assets platform.
- Indonesia Energy (INDO) - A momentum play from this week. The stock was up another 13% Wednesday morning following a 40+% rally on Tuesday. The Benzinga newsdesk team did not see any specific news to justify the move higher. Indonesia Energy is a "low-float play" with about 2 million shares in its float.
- Quanergy (QNGY) - A special purpose acquisition corporation (SPAC) redemption play from this week. Shares of several former SPACs saw increased investor attention and volume this week -- Quanergy being one of those. Quanergy Wednesday morning announced it's smart LiDAR technology was selected by Digital Mortar.
- Mullen Technologies (MULN) - A penny stock play on the electric vehicle industry. Shares were up 30% in pre-market action Wednesday. The Benzinga newsdesk did not see news to justify the move higher.
Tease of the day:
Detroit Rocket Companies RKT
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the busiest earnings week of Q4 earning, stocks to watch.
Today's 5 Stock Ideas (Earnings Preview Edition):
This week will be the busiest earnings week of the Q4 earnings season. Good luck with your earnings trades, traders!
- Alibaba (BABA) - Will report before market open on Thursday.
- Square/Block (SQ) - To report Thursday after market close.
- Coinbase (COIN) - Will issue quarterly results Thursday after market close.
- Palo Alto Networks (PANW) - Will report Tuesday after market close.
- TJX Companies (TJX) - Will report Wednesday before the market open.
Earnings:
• Gaotu Techedu (NYSE:GOTU) is projected to report quarterly earnings at $0.13 per share on revenue of $439.63 million.
• Sohu.com (NASDAQ:SOHU) is expected to report earnings for its fourth quarter.
• Kiniksa Pharmaceuticals (NASDAQ:KNSA) is likely to report quarterly loss at $0.42 per share on revenue of $20.72 million.
• Hecla Mining (NYSE:HL) is expected to report quarterly earnings at $0.02 per share on revenue of $198.95 million.
• Standard Motor Products (NYSE:SMP) is expected to report quarterly earnings at $0.67 per share on revenue of $282.91 million.
• KBR (NYSE:KBR) is likely to report quarterly earnings at $0.65 per share on revenue of $2.53 billion.
Hosts:
Steve Krause
Sr. Reporter Benzinga Newsdesk
Brent Slava
Head of Benzinga Newsdesk
pro.benzinga.com
Free 2-week trial, no credit card required
Use coupon code YOUTUBE20 to get 20% off
Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Unedited Transcript:
Good morning, ladies and gentlemen, and welcome to the first edition of a daily podcast. It's called Benzing a sax to watch podcast. My name is Brent Slava. I'm head of the Benzinga pro Newsdesk. And joining me is one of my partners on the news desk and one of our senior reporters, Steve Kraus, Steve what's going on.
Hey, everyone. Not much. How's nice. We had a nice little long weekend this last weekend. How was your nice long. It was great. It was great. The markets were closed on Monday due to president's data and hopefully someone got some good furniture deals with some mattresses some cars all the classics.
But now we're back into the short trading week and we've got some we're in the midst of earning season. You said it, and we are going to talk about the earnings. And the podcast say I wanted to give just a really quick intro here for what this podcast is going to be out. So on the Benzinger protein, we publish a daily piece of content for Benzing approa premium subscribers.
It's called the stocks to watch list. And the intent of that piece of content is just to get. Our Benzing pro users, a few ideas, a handful of ideas on stocks that the Benzing and Newsdesk thinks could be volatile today, could see some extra trader interests. And so the idea here is just to turn that piece of content into something audio so y'all can listen while you are getting prepared for your market trading day.
And Stevia gave a nice little segue there. This is going to be the busy earning season of the Q4 earnings season. And it's not as many exciting names reporting right now, but there are going to be a lot of companies reporting. And so what we want to do really quick for our podcast today, it's only going to be a few minutes.
Each day is give a little. Of the sacks that we have on our radar for earnings this week, also go into a little bit of why earnings are important for trader and investor, and then give a couple tips on where you can find some of this information on benzo. How does that sound? Steve sounds great to me.
Yeah, we definitely have, like you said, not the most exciting news we've already had apple, Microsoft we've already had our big hitters are portable. We still have some fairly important media companies. Palo Alto network tonight. That's Tuesday night, 22nd Palo Alto network, pan w that's a cybersecurity slash software play Teladoc, T D O C.
That's a another software play. Yeah, the go-to play for the tele-health play. If you're interested in something like. Yup. We've got a toll brothers, tol home builders. So some infrastructure play right there and a CZR very popular that Caesar's that's a a sports betting slash casino play was part of the reopening stocks play.
And so that's just for Tuesday, Steve and I are just going to bounce through a list, put some of these tickers on. Wednesday before the market open, we're going to be getting lows. That's the home improvement, retailer, ticker low. Keep in mind that home Depot, ticker HD Digitas have earnings today.
And also pre-market tomorrow that's Wednesday TJX companies. They're sorta like an off-brand lower price retailer after hours tomorrow, Wednesday, eBay, E B a Y and also lemonade, L M N. How about Thursday, Steve? Oh my God. Thursday is the day. Thursday's always the day for earnings, but man, this week is going to be a big one.
Okay. So pre-market, we've got Alibaba, which is the Amazon of Asia. The ABA, we got Medina, obviously the big vaccine plate I'm RNA. Those are premium. After hours we've got square or block is the rebranding sq, we got grub hub. G R U B Coinbase, C O I N Z, scaler, Z S beyond meat. BYN D VMware VMW and first solar FSLR.
We got MNS T, which is monster beverage. R K T rocket mortgage NCL, H which is Norwegian cruise lines, reopening plate and Del D E L L. That is a big list for Thursday. And that is just the top identified stocks. They're definitely going to be probably a hundred. 150 more than that as well.
And then Friday rounded off the lists here, nothing super excited on Friday, but didn't want to get Footlocker on everyone's radar, that sticker FL. So there's your list of earnings plays a lot of potential earnings plays for this week really quickly wanted to just go into a couple of. On why earnings are important and earnings are probably like the top news catalysts that you can find.
If there is any type of news item that is going to move a stock, always it'll either be like MNA, a big M and a deal, or pretty much. The thing to keep in mind with earnings is that the results that you're getting are for a quarter in the past the quarter ended at the end of December in this case for the Q4 earnings season, we are in Q1, but companies are reporting their results for last quarter.
That being said, when you are reading earnings reports, when you're looking at earnings reports, remember that a lot of companies will give guidance. They'll give an outlook, they'll give something forward. Look. And that is forward-looking. So a lot of. Earnings is going to be the headline that people focus on, but guidance can be even more important than earnings can sometimes.
So keep your eyes on the guidance and then also something to look out for in these earnings releases. And Steve, if you don't mind going through in a sec here, and he can describe a little bit on where to find some of this information on earnings, keep in mind in those earnings press releases, you are going to get information about potential shareholder payout, and dividends. Those are, that's another couple types of news items that you'll see contained within an earnings. Yeah, exactly. Usually they call it guidance or outlook the that's the forward-looking projection. And if you see a company ported, a beat on earnings last quarter, and yet they're going down, don't understand why go check out some guidance, go look for some outlook.
Maybe their projections for the future have been cut back a little bit. Maybe they're. They're expecting something worse than what the street is expecting. That tends to be a better indicator of why something is moving. Like that guidance is a good thing to look for immediately after earnings Steve.
So where can users find this information? They were doing a lot of the information for users on Benzing pro you can tune into your newsfeed, turn on the BZ wire, and those will be the headlines. You are seeing, coming from human reporters on the Benzinga team, but Steve, like where are we getting our information from?
So companies are reporting straight through press releases, or sec filings. They're going to release them basically starting at four o'clock and all the way through five o'clock every day. Five minutes, 10 minutes. We're going to get batches of press releases coming in, and our reporters are going to be scanning through these reporting earnings, guidance, buybacks M and A's restructuring rebranding.
The, these are when companies will we'll announce that kind of stuff. The press releases. That's the raw information that companies are choosing to disclose in a fair manner, the information that they view as material to investors. And again, the Benzinga pro reporters are sifting through all of that information to get you some of the headlines stuff that we think is the most important.
But if you do. Look in those press releases. Look in those sec filings on your own. You can also find that information in Benzinga pro. If you go to the newsfeed, there's a button that says sources and you can turn on press releases. You can turn on sec finds and you can get some of that raw information on your own.
If. Yeah. And another great way to is the details tool. I use this all the time. The details tool has a tab that's just for sec filings. One is just for press releases. One is just for BZ wire. So if you're looking to see you just want to see press releases on Norwegian cruise line. You can go to the details type in NCLR and click that press release button.
And you can see in real time when that's going to come in or you click the. You know how you can have all tab, click, and you can see when it comes in, when we report, when benzinga.com written article about it. So you can stay up to date on if you're watching one particular stock details is a great place, a great hub to go to watch that one stock love it.
I love it. Good little tip there, Steve, for the users that pretty much wraps it up. Ladies and gentlemen, these are going to be quick little podcasts, not more than 10 minutes. We'll get you the information that'll prep your day, and then we'll get you on your way to get your trading done for the day. And that'll be it for us today, ladies and gentlemen, everyone have a great trading day.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy