Which Large-Cap Stocks Are Winning This Earnings Season? 15 Stocks To Watch (April 28-May 4, 2024)
Last week's top performers included Carvana, Pinterest, Moderna and JD.Com.
Benzinga Bulls And Bears: Apple, Tesla, AMC, Bitcoin And Shiba Inu’s Chart Forms Powerful Technical Patterns
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Stock markets ended the week on a high note following reassuring comments from Federal Reserve Chair Jerome Powell.
Federal Reserve Dismisses Rate Hike Fears, Labor Market Cools, Apple Lures Investors With Record-Breaking Buyback: This Week In The Market
The stock market breathed a sigh of relief as Fed Chair Jerome Powell eased fears of interest rate hikes amid recent inflation surprises.
Apple Eyes Best Session Since Late 2022, Breaks Above 200-Day Average For First Time In 4 Months
Apple's stock surges over 6% on Friday, surpassing its 200-day moving average for the first time since Jan 2024. This was driven by a strong quarterly report and a record-breaking share buyback program.
Alignment Healthcare Is ‘Differentiated With Durable Long-Term Growth Trajectory’ In Challenging Medicare Advantage Environment: Analyst Says
Alignment Healthcare earnings: EPS loss $(0.25), sales surge 43.1% to $628.6M, beats guidance. Health plan membership up 50.5% Y/Y. Q2 revenue guidance: $625M-$635M. FY 2024 sales raised to $2.495B-$2.525B. Expert outlook: Favorable Q1, stable cost trends.
Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What’s Driving Markets Friday?
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.
What’s Going On With Healthcare Logistics Giant Owens & Stock On Friday?
Owens & Minor impresses with Q1 results: adjusted EPS of $0.19, and sales of $2.61B (up 4% Y/Y). Patient Direct revenue reaches $638M (up 5% Y/Y). CEO Edward Pesicka highlights growth strategies and reaffirms 2024 revenue guidance of $10.5-$10.9 billion and adjusted EPS of $1.40-$1.70.
Serum Institute of India Inks Large-Scale Supply Deal For BCG Use In ImmunityBio’s Bladder Cancer Combo Therapy
Unlocking global access to Bacillus Calmette-Guerin (BCG) for cancer therapy. ImmunityBio partners with Serum Institute to expand BCG supply. FDA-approved Anktiva plus BCG for bladder cancer.
Pipeline Powerhouse Plains All American Beats On Earnings with Flat EBITDA: Details
PAA reported higher revenue of $11.995B, missing consensus. Operating income and adjusted EBITDA were flat. Company expects flat EBITDA in 2026.
Why Freight Operator XPO Shares Are Surging Premarket Friday
XPO shares rise after reporting higher revenue, operating income, and adjusted EBITDA for Q1 FY24, exceeding expectations.