Streetbeat News

Products Services

SBUX

Deep-pocketed investors are showing a bullish sentiment towards Starbucks (NASDAQ:SBUX) with significant options activity. The majority of the options are calls, indicating a positive outlook. Analysts have mixed ratings but generally positive price targets for the stock.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 7:17 pm

LLY

The FDA has announced the availability of Mounjaro injections in 2.5mg, 5mg, and 10mg doses, and Zepbound injections in 2.5mg, 5mg, and 12.5mg doses.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:46 pm

BTCUSD

ETHUSD

July was highlighted as one of the most eventful months in crypto history, with significant events such as Donald Trump's keynote speech at a Bitcoin conference, the launch of Spot Ethereum ETFs, and various government actions involving Bitcoin. These events have set the stage for a potentially bullish August and September for the crypto market.

Portfolio Pulse from Khyathi Dalal

August 02, 2024 | 6:36 pm

GOOG

GOOGL

Character.AI has agreed to provide Google with a non-exclusive license for its current LLM technology. Additionally, General Counsel Dominic Perella has been named interim CEO, and key team members, including Noam Shazeer and Daniel De Freitas, will join Google.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:23 pm

AMZN

CRWD

FTNT

GOOG

GOOGL

IBM

META

MSFT

PANW

Stephanie Link, chief investment strategist at Hightower Advisors, discusses the next big disruptors in the cybersecurity industry, including generative AI, quantum computing, and consolidation. Key companies mentioned include CrowdStrike, Palo Alto Networks, Fortinet, SentinelOne, IBM, Alphabet, Amazon, Microsoft, and Meta Platforms.

Portfolio Pulse from Surbhi Jain

August 02, 2024 | 6:20 pm

NTDOY

Nintendo ADR (OTC:NTDOY) reported a significant decline in Q1 FY2025 sales and net profit, attributing the drop to a limited release schedule. Key financial metrics include a 46.5% decrease in net sales and a 55.3% drop in net profit. Hardware and software sales also saw substantial declines.

Portfolio Pulse from Franca Quarneti

August 02, 2024 | 6:18 pm

BBAI

BigBear.ai Holdings has announced a Master Service Agreement with Heathrow to develop and deliver advanced technologies.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:50 pm

VRTX

Vertex Pharmaceuticals (NASDAQ:VRTX) reported Q2 revenues of $2.65 billion, slightly below estimates, and an adjusted EPS loss of $(12.83). The company raised its 2024 product revenue guidance and highlighted strong performance in its cystic fibrosis franchise. Vertex discontinued development of two AAT correctors but sees potential in its pain management pipeline, including suzetrigine. William Blair reiterated an Outperform rating on Vertex.

Portfolio Pulse from Vandana Singh

August 02, 2024 | 5:48 pm

GOOG

GOOGL

A judge in California overturned a $4.7 billion verdict against the NFL in a lawsuit alleging overcharging for 'NFL Sunday Ticket.' The judge ruled that the plaintiffs failed to provide sufficient evidence. DirecTV, owned by AT&T, was not on trial. This year, Sunday Ticket is available on Alphabet's YouTube TV.

Portfolio Pulse from Aaron Bry

August 02, 2024 | 5:35 pm

AAPL

Analysts from Goldman Sachs, KeyBanc, Piper Sandler, and BofA Securities have provided their insights on Apple Inc. (NASDAQ:AAPL). Goldman Sachs raised its price target to $275, citing a multi-year iPhone upgrade cycle and strong services momentum. KeyBanc reiterated a Sector Weight rating, noting skepticism about a significant acceleration in the upgrade cycle. Piper Sandler maintained a Neutral rating with a $225 price target, highlighting strong iPad and services growth but cautious consumer sentiment. BofA Securities maintained a Buy rating with a $256 price target, expecting strong iPhone upgrade cycles in fiscal years 2025 and 2026.

Portfolio Pulse from Anusuya Lahiri

August 02, 2024 | 5:29 pm