BUZZ-U.S. STOCKS ON THE MOVE-Penumbra, Talen Energy, Paysafe

Reuters
2024.08.13 16:02
portai
I'm PortAI, I can summarize articles.

Wall Street advanced on Tuesday as producer prices data showed abating inflation pressures, keeping the Federal Reserve on track to cut rates in September. Starbucks soared after appointing Chipotle’s Brian Niccol as CEO.

Eikon search string for individual stock moves: (STXBZ)

The Day Ahead newsletter: here

The Morning News Call newsletter: here Wall Street advanced on Tuesday after producer prices data showed abating inflation pressures, keeping the Federal Reserve on track to cut rates in September, while Starbucks soared after appointing Chipotle’s Brian Niccol as CEO. (.N) At 11:41 ET, the S&P 500 (.SPX) was up 1.10% at 5,402.95 and the Nasdaq Composite (.IXIC) was up 1.72% at 17,068.914.

The top three S&P 500 (.PG.INX) percentage gainers:

Starbucks (SBUX.OQ) , up 20.6%

Super Micro Computer (SMCI.OQ) , up 5.6%

Nvidia (NVDA.OQ) , up 5.4%

The top three S&P 500 (.PL.INX) percentage losers:

Chipotle (CMG.N) , down 10.5%

Baxter International (BAX.N) , down 6.3%

EQT Corporation (EQT.N) , down 3.8 %

The top three NYSE (.PG.N) percentage gainers:

Loar (LOAR.N) , up 19.5%

Pacs (PACS.N) , up 15%

Huya (HUYA.N) , up 14.3%

The top three NYSE (.PL.N) percentage losers:

Tencent Music Entertainment Group (TME.N) , down 15.2%

Indonesia Energy Corporation (INDO.N) , down 13.7%

OS Therapies (OSTX.N) , down 13.3%

The top three Nasdaq (.PG.O) percentage gainers:

Earlyworks (ELWS.O) , up 172.4%

CXApp Inc A Ord (CXAI.O) , up 110.9%

Lifeway Foods (LWAY.O) , up 49.5%

The top two Nasdaq (.PL.O) percentage losers:

Syros Pharmaceuticals (SYRS.O) , down 59.7%

TELA Bio (TELA.O) , down 34.6%

BuzzFeed Inc (BZFD.O) : up 19.2%

BUZZ - Jumps on smaller Q2 loss, chance of return to rev growth

Tencent Music Entertainment Group (TME.N) : down 15.2%

BUZZ - US-listed shares of Tencent Music down as quarterly revenue falls

JetBlue Airways Corp (JBLU.O) : down 2.0%

BUZZ - Dips after Monday’s pullback

B Riley Financial Inc (RILY.O) : down 10.1%

BUZZ - Extends losses after delaying quarterly report

Sunnova Energy International Inc (NOVA.N) : up 6.6%

BUZZ - Guggenheim raises price target for Sunnova Energy

GCT Semiconductorm (GCTS.N) : up 8.2%

BUZZ - Surges after signing MOU with Samsung

Baxter International Inc (BAX.N) : down 6.3%

BUZZ - Falls on deal to sell kidney-care unit to Carlyle for $3.8 bln

Intuitive Machines Inc (LUNR.O) : down 2.3%

BUZZ - Falls as Q2 revenue misses estimates

Chevron Corp (CVX.N) : down 0.9%

Occidental Petroleum Corp (OXY.N) : down 2.2%

Devon Energy Corp (DVN.N) : down 1.5%

EQT Corp (EQT.N) : down 3.8%

BUZZ - BMO cuts price target for oil and gas producers

Marinus Pharmaceuticals Inc (MRNS.O) : down 4.9%

BUZZ - Falls after missing Q2 revenue estimates

Hilton Worldwide Holdings Inc (HLT.N) : down 0.5%

BUZZ - CFRA cuts Hilton’s PT on softer travel demand trends

Starbucks Corp (SBUX.O) : up 20.6%

BUZZ - Set for record one-day gain after poaching Chipotle’s Brian Niccol as CEO

Syros Pharmaceuticals Inc (SYRS.O) : down 59.7%

BUZZ - Slumps as blood cancer therapy combo ‘unlikely to succeed’ in study

OrganiGram Holdings Inc (OGI.N) : up 21.8%

BUZZ - Rises after upbeat quarterly results

Hudbay Minerals Inc (HBM.N) : down 2.9%

BUZZ - Falls on wider Q2 loss

Apollomics Inc (APLM.O) : up 13.6%

BUZZ - Rises on positive preliminary data from cancer therapy study

Hormel Foods Corp (HRL.N) : up 1.9%

BUZZ - Up as Citi becomes sole ‘buy’ rating, raises PT to Street high

Nvidia Corp (NVDA.O) : up 5.3%

Super Micro Computer Inc (SMCI.O) : up 5.6%

BUZZ - AI stocks climb extending recovery from last week

TELA Bio Inc (TELA.O) : down 34.6%

BUZZ - Slumps as customer-targeted cyberattacks dent Q2 revenue

Lexicon Pharmaceuticals Inc (LXRX.O) : up 6.9%

BUZZ - Rises on strategic review announcement

Dell Technologies Inc (DELL.N) : up 5.6%

BUZZ - Shares rise as Barclays upgrades stock on AI strength

Core Scientific Inc (CORZ.O) : down 10.7%

BUZZ - Falls on $350 mln proposed convertible senior notes offering

Penumbra Inc (PEN.N) : up 9.7%

BUZZ - Rises on $200 mln share repurchase authorization

Talen Energy Corp (TLN.N) : up 6.4%

BUZZ - Jumps on raising profit outlook for the year

Paysafe Ltd (PSFE.N) : up 5.9%

BUZZ - Rises after hiking full-year revenue forecast

The 11 major S&P 500 sectors:

Communication Services (.SPLRCL) up 1.10%

Consumer Discretionary (.SPLRCD) up 1.32%

Consumer Staples (.SPLRCS) down 0.08%

Energy (.SPNY) down 1.13%

Financial (.SPSY) up 0.22%

Health (.SPXHC) up 0.80%

Industrial (.SPLRCI) up 0.11%

Information Technology (.SPLRCT) up 2.45%

Materials (.SPLRCM) up 0.47%

Real Estate (.SPLRCR) up 0.40%

Utilities (.SPLRCU) up 0.23%