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Gold Gains Over 1%; US Inflation Rate Falls To 2.4% - Alliance Entertainment (NASDAQ:AENT), Corsair Gaming (NASDAQ:CRSR)
Benzinga· 2026-02-13 17:08
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 250 points on Friday.The Dow traded up 0.50% to 49,701.48 while the NASDAQ rose 0.41% to 22,690.60. The S&P 500 also rose, gaining, 0.61% to 6,874.47.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsUtilities shares gained by 2% on Friday.In trading on Friday, financial stocks fell by 0.3%.Top HeadlinePrice pressures in the U.S. eased at the start of 2026, ...
Gold Gains Over 1%; US Inflation Rate Falls To 2.4%
Benzinga· 2026-02-13 17:08
Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by approximately 250 points, up 0.50% to 49,701.48, while the NASDAQ rose 0.41% to 22,690.60, and the S&P 500 gained 0.61% to 6,874.47 [1] - Utilities shares saw a notable increase of 2% on the same day, while financial stocks declined by 0.3% [1] Inflation Data - Price pressures in the U.S. showed signs of easing, with the annual consumer-price inflation rate decreasing from 2.7% in December to 2.4% in January, which was below economist expectations of 2.5% and marked the lowest inflation rate since May 2025 [2][6] - On a monthly basis, the headline Consumer Price Index (CPI) rose by 0.2%, slightly below the previous reading and consensus estimates of 0.3% [2] Commodity Market - In commodity trading, oil prices fell by 0.2% to $62.73, while gold prices increased by 1.5% to $5,023.90. Silver prices rose by 2.5% to $77.605, whereas copper prices decreased by 0.5% to $5.7590 [3] European Market Trends - European shares mostly declined, with the eurozone's STOXX 600 falling by 0.24%, Spain's IBEX 35 Index dropping by 1.29%, and Germany's DAX decreasing by 0.43%. Conversely, London's FTSE 100 gained 0.22%, and France's CAC 40 dipped by 0.38% [4] Asian Market Trends - Asian markets closed lower, with Japan's Nikkei falling by 1.21%, Hong Kong's Hang Seng Index declining by 1.72%, China's Shanghai Composite dipping by 1.26%, and India's BSE Sensex decreasing by 1.25% [5]
These Analysts Raise Their Forecasts On Lincoln Electric Following Q4 Results
Benzinga· 2026-02-13 17:06
Lincoln Electric Holdings (NASDAQ:LECO) reported mixed results for the fourth quarter on Thursday.The company posted quarterly earnings of $2.65 per share which beat the analyst consensus estimate of $2.54 per share. The company reported quarterly sales of $1.079 billion which missed the analyst consensus estimate of $1.099 billion.Lincoln Electric shares gained 0.3% to trade at $296.95 on Friday.These analysts made changes to their price targets on Lincoln Electric following earnings announcement.Keybanc a ...
A Look Into Monster Beverage Inc's Price Over Earnings - Monster Beverage (NASDAQ:MNST)
Benzinga· 2026-02-13 17:00
Core Viewpoint - Monster Beverage Inc. has shown significant stock performance, with a 60.34% increase over the past year, leading to optimism among long-term shareholders, while concerns about potential overvaluation arise from the price-to-earnings (P/E) ratio analysis [1]. Group 1: Stock Performance - The current trading price of Monster Beverage Inc. is $80.67, reflecting a 0.84% increase [1]. - Over the past month, the stock has increased by 4.71% [1]. - The stock has experienced a substantial increase of 60.34% over the past year [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for long-term shareholders to evaluate the company's market performance against historical earnings and industry standards [2]. - Monster Beverage Inc. has a P/E ratio of 46.12, which is lower than the industry average P/E ratio of 61.23, suggesting potential undervaluation or expectations of poorer performance compared to peers [3]. - A lower P/E ratio can indicate that shareholders may not expect future growth, but it can also suggest that the company is undervalued [4]. Group 3: Limitations of P/E Ratio - The P/E ratio should not be used in isolation, as it has limitations and must be considered alongside other financial metrics and qualitative factors [4]. - Industry trends and business cycles can significantly impact a company's stock price, necessitating a comprehensive analysis for informed investment decisions [4].
Algorhythm Stock Is Popping: What's Going On?
Benzinga· 2026-02-13 16:48
Company Announcement - Algorhythm's SemiCab platform is an AI-driven optimization system designed for shippers and carriers, enabling customers to scale freight volumes by 300% to 400% without increasing staff [2] - Individual operators using SemiCab can manage over 2,000 loads annually, significantly higher than the industry average of about 500 loads per broker [2] Platform Benefits - The SemiCab platform automates network-level planning and decision-making, which helps lower cost per load, reduces administrative work, and enhances asset utilization as volumes increase [3] Market Reaction - The Dow Jones Transportation Average experienced a 4% decline, marking its worst session since April, with 17 of 20 components closing lower and approximately $17.4 billion in market value lost [4] - Despite being a company valued at less than $3 million with no U.S. software customers, Algorhythm's performance contributed to significant market volatility, affecting larger companies like C.H. Robinson [4] Stock Performance - Algorhythm shares rose by 16.67%, reaching $1.26 at the time of publication [5]
Crocs Analysts Boost Their Forecasts After Upbeat Q4 Results
Benzinga· 2026-02-13 16:45
Core Insights - Crocs reported quarterly earnings of $2.29 per share, exceeding the analyst consensus estimate of $1.90 per share [1] - The company achieved quarterly sales of $957.640 million, surpassing the analyst consensus estimate of $922.327 million [1] - For FY2026, Crocs projects adjusted EPS of $12.88-$13.35, compared to market estimates of $12.10 [1] - Following the earnings announcement, Crocs shares fell by 2.6% to trade at $95.87 [1] Analyst Ratings and Price Targets - Barclays analyst Adrienne Yih maintained an Equal-Weight rating on Crocs and raised the price target from $86 to $109 [2] - Stifel analyst Peter McGoldrick maintained a Hold rating and increased the price target from $90 to $99 [2]
These Analysts Revise Their Forecasts On Cohu Following Q4 Results
Benzinga· 2026-02-13 16:40
Cohu Inc (NASDAQ:COHU) reported worse-than-expected fourth-quarter adjusted EPS results on Thursday.Cohu reported quarterly losses of 15 cents per share which missed the analyst consensus estimate of earnings of 6 cents per share. The company reported quarterly sales of $122.230 million which beat the analyst consensus estimate of $122.092 million.Cohu said it sees first-quarter sales of $115.000 million-$129.000 million versus estimates of $120.136 million.Cohu shares fell 4.6% to trade at $31.30 on Friday ...
These Analysts Cut Their Forecasts On Bruker Following Q4 Results - Bruker (NASDAQ:BRKR)
Benzinga· 2026-02-13 16:28
Bruker Corp (NASDAQ:BRKR) reported mixed fourth-quarter financial results on Thursday.Bruker reported quarterly earnings of 59 cents per share which missed the analyst consensus estimate of 65 cents per share. The company reported quarterly sales of $977.200 million which beat the analyst consensus estimate of $960.834 million.Bruker said it sees FY2026 adjusted EPS of $2.10-$2.15, versus market estimates of $2.13. The company sees sales of $3.570 billion-$3.600 billion versus estimates of $3.470 billion.Br ...
These Analysts Cut Their Forecasts On Bruker Following Q4 Results
Benzinga· 2026-02-13 16:28
Bruker Corp (NASDAQ:BRKR) reported mixed fourth-quarter financial results on Thursday.Bruker reported quarterly earnings of 59 cents per share which missed the analyst consensus estimate of 65 cents per share. The company reported quarterly sales of $977.200 million which beat the analyst consensus estimate of $960.834 million.Bruker said it sees FY2026 adjusted EPS of $2.10-$2.15, versus market estimates of $2.13. The company sees sales of $3.570 billion-$3.600 billion versus estimates of $3.470 billion.Br ...
Immunic Stock Jumps After Pricing $400 Million Private Placement
Benzinga· 2026-02-13 16:25
Immunic Inc (NASDAQ:IMUX) is surging Friday after the late‑stage biotech announced a private placement of up to $400 million.Immunic stock is gaining positive traction. Why are IMUX shares climbing?A Look At The DealThe financing was led by existing investor BVF Partners and included a strong lineup of institutional backers such as OrbiMed, RA Capital, Janus Henderson, Avidity Partners and EcoR1 Capital.The structure provides $200 million upfront through pre‑funded warrants priced at 87 cents each, with the ...