Streetbeat News

Products Services

BMY

Bristol Myers Squibb (BMY) has received FDA approval for Breyanzi, a treatment for relapsed or refractory mantle cell lymphoma.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:52 pm

CME

SPY

CME has confirmed that no index pricing is currently being generated and is working on resolving the issue.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:47 pm

ARKF

ARKK

ARKQ

ARKW

NVDA

PATH

TSLA

TWLO

Cathie Wood's Ark Invest sold its Nvidia (NVDA) shares too early, missing out on significant gains. The Ark Innovation ETF (ARKK) sold its Nvidia shares between November 2022 and January 2023, missing out on potential profits of $777.6 million. Despite this, Ark Invest still holds Nvidia shares in smaller ETFs and remains bullish on AI, with Tesla (TSLA) being a major holding.

Portfolio Pulse from Chris Katje

May 30, 2024 | 3:39 pm

RUM

SPY

Talks between former President Donald Trump and Elon Musk have intensified, with Musk advising Trump on cryptocurrency matters. The Trump campaign is considering inviting Musk to the GOP convention.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:33 pm

QCOM

At Benzinga's AI Virtual Conference, Qualcomm's CFO & COO, Akash Palkhiwala, highlighted the Snapdragon X Elite platform's three significant advantages for Co-Pilot+ PCs: power efficiency, the fastest processor, and a powerful NPU.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:24 pm

LLY

NVO

Goldman Sachs analysts have re-rated Eli Lilly (LLY) and Novo Nordisk (NVO), projecting the weight-loss drug market to reach $130 billion by 2030. Eli Lilly's price target was raised to $785, while Novo Nordisk's was reiterated at $156. Both companies are expected to maintain a dominant market share.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 3:17 pm

NET

Deep-pocketed investors have shown significant interest in Cloudflare (NYSE:NET) options, with a mix of bullish and bearish sentiments. The options activity suggests a price window of $60.0 to $110.0 for Cloudflare. Analysts have mixed ratings, with price targets ranging from $76 to $135.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 3:16 pm

HOOD

Robinhood Inc. (NASDAQ:HOOD) has launched a Crypto Trading API aimed at advanced crypto traders in the US, allowing for automated and advanced trading strategies. This move is expected to enhance trading experiences by enabling real-time market engagement and efficient trade execution.

Portfolio Pulse from Murtuza Merchant

May 30, 2024 | 2:48 pm

FTCI

FTC Solar has introduced an automated hail stow solution designed to minimize damage to solar panels during hailstorms. This innovation aims to protect solar investments and enhance the durability of solar installations.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:42 pm

EFA

EWS

GRAB

UBER

Grab Holdings Inc (NASDAQ:GRAB) is partnering with OpenAI to integrate generative AI into its app, enhancing navigation and customer support. This marks OpenAI's first collaboration in Southeast Asia. Grab aims to improve its GrabMaps service and has reported strong financial performance, including a 30% revenue growth in Q4 2023. The stock has gained 25% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:36 pm