Streetbeat News

Products Services

LUCY

Innovative Eyewear's stock is rising as the company expands its retail presence, now having its smart frames available in 370 stores.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 7:43 pm

SONY

Lali Espósito, known as the 'Argentinian Taylor Swift,' released a diss track 'Fanático' targeting Argentine President Javier Milei. The song, released under Sony Music, critiques Milei's policies and personal attacks against Espósito. The release coincides with rising poverty in Argentina under Milei's administration.

Portfolio Pulse from Franca Quarneti

October 02, 2024 | 7:40 pm

PARA

WEN

Wendy's is collaborating with Nickelodeon to celebrate the 25th anniversary of SpongeBob SquarePants by launching themed menu items, including a Pineapple Frosty and Krabby Patty Burger. This partnership aims to attract both children and adults, potentially boosting Wendy's brand visibility and sales.

Portfolio Pulse from Chris Katje

October 02, 2024 | 7:26 pm

NVDA

Nvidia is set to launch its next-gen Blackwell GPU platform, which supports over 100 system configurations, significantly more than its predecessor. JPMorgan analyst Harlan Sur highlights Nvidia's strong position in AI and accelerated compute spending, projecting sustained growth into 2025. Despite initial yield issues, Nvidia is poised for a strong fiscal fourth quarter.

Portfolio Pulse from Surbhi Jain

October 02, 2024 | 7:17 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares have risen 12% over the past week due to successful spacecraft developments and launches, strategic collaborations, and increased social media attention. Keybanc raised its price target for Rocket Lab from $8 to $11, maintaining an Overweight rating.

Portfolio Pulse from Vaishali Prayag

October 02, 2024 | 7:14 pm

DIA

GLD

ITA

PPA

QQQ

SPY

USO

XAR

The geopolitical tensions between Israel and Iran have led to a risk-off sentiment in the markets, with concerns about oil supply disruptions. Major stock indices have slightly declined, while defense and oil-related ETFs have seen gains. The situation could impact inflation and central bank policies.

Portfolio Pulse from Anthony Noto

October 02, 2024 | 6:55 pm

MDXXF

PharmAla Biotech Holdings Inc. (OTC:MDXXF) will supply MDMA for a clinical trial at Harvard's Maclean Hospital, marking a significant step in its expansion in the U.S. MDMA research sector. The company is also seeking European distribution partners at the CPHI conference in Milan.

Portfolio Pulse from Juan Spínelli

October 02, 2024 | 6:52 pm

MCD

TSLA

Elon Musk's playful engagement with Dogecoin continues as he revives his promise to eat a McDonald's Happy Meal if the fast-food chain adopts Dogecoin. Meanwhile, Musk is being considered for a potential government role in a proposed 'Department of Government Efficiency,' humorously dubbed 'DOGE.' This has led to a surge in Dogecoin's price and trading volume.

Portfolio Pulse from Murtuza Merchant

October 02, 2024 | 6:26 pm

AZO

DHI

LEN

ORLY

STZ

The International Longshoremen's Association strike could lead to supply constraints and price increases in the food and beverage, automotive, and construction sectors. Companies like Constellation Brands, AutoZone, O'Reilly Automotive, DR Horton, and Lennar may face operational disruptions.

Portfolio Pulse from Aaron Bry

October 02, 2024 | 6:15 pm

LLY

NVO

TNDM

RBC Capital Markets initiated coverage on Tandem Diabetes Care, Inc. (NASDAQ:TNDM) with an Outperform rating and a $65 price target. Despite the rise of GLP-1 drugs, the demand for Tandem's insulin pumps is expected to grow, driven by market expansion and product innovation. RBC projects profitability and positive EBITDA margins for Tandem by 2024.

Portfolio Pulse from Vandana Singh

October 02, 2024 | 6:11 pm