Streetbeat News

Products Services

F

Former Ford CEO announced on CNBC that Ford is increasing production and reducing prices in the U.S. due to a demand issue.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 8:16 pm

F

Former CEO of Ford, Mark Fields, discussed the electric vehicle (EV) battle in the U.S. on CNBC, mentioning pricing.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 8:15 pm

ARKK

ARKQ

ARKW

F

GM

TSLA

Cathie Wood, CEO of Ark Invest, believes that Tesla's upcoming Cybertruck will expand the truck market. She also mentioned that regional preferences could be a factor hindering the wider adoption of Tesla vehicles. Wood noted that Ford and General Motors expanding Tesla’s charging network could help Tesla gain share in the Midwest. The impact of partnerships Tesla has signed with Ford and GM on licensing revenue or financial impact is unclear. Tesla remains a top-five holding in the Ark Innovation ETF, Ark Next Generation Internet ETF and Ark Autonomous Technology & Robotics ETF.

Portfolio Pulse from Chris Katje

September 01, 2023 | 7:58 pm

JNJ

SNL star Pete Davidson has revealed he uses ketamine to treat his depression. Ketamine is often prescribed off-label for treating major depression and anxiety, among other conditions. Its FDA-approved format is Johnson & Johnson's (NYSE:JNJ) nasal spray, Spravato.

Portfolio Pulse from Lara Goldstein

September 01, 2023 | 7:56 pm

GH

Guardant Health's Chief Medical Officer, Craig Eagle, has announced the closure of the COBRA study to new enrollees based on a recent planned interim analysis.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 7:51 pm

CZR

Caesars Entertainment, Inc. (NASDAQ:CZR) has announced the launch of its flagship sports wagering app, Caesars Sportsbook, in Kentucky. The app is now available for download and registration, with a special early deposit offer available between Sept. 7 and Sept. 27. The company also plans to open a retail sportsbook at Red Mile Gaming & Racing in Lexington on Sept. 7. The launch of the app and the retail sportsbook are part of Caesars' commitment to expanding its sports betting operations.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 7:48 pm

GH

Guardant Health, Inc. (NASDAQ:GH) has issued a statement regarding the closure of the COBRA study, a minimum residual disease (MRD) study. The study was designed to evaluate the effectiveness of MRD testing in improving clinical outcomes in stage II colon cancer patients. Despite the closure, the company remains confident in the potential of its MRD test to improve patient care and its prospects for broad access and reimbursement.

Portfolio Pulse from Happy Mohamed

September 01, 2023 | 7:47 pm

MSFT

Bethesda's recently released game, Starfield, has been criticized for its lack of accessibility features. The game also reportedly performs poorly on Valve's portable Steam Deck, with long loading times, crashes, and unstable framerates. Bethesda is a subsidiary of Microsoft Corp. (NASDAQ:MSFT).

Portfolio Pulse from Franca Quarneti

September 01, 2023 | 7:39 pm

MSFT

Bethesda Game Studio's new Xbox-exclusive game, Starfield, has received mixed but generally positive reviews. The game, described as a 'NASA-punk' space adventure, currently holds an 88 on both Metacritic and Open Critic. However, several prominent gaming sites have been unable to provide early reviews due to Bethesda's ongoing blacklist, leaving the full critical landscape uncertain.

Portfolio Pulse from Franca Quarneti

September 01, 2023 | 6:38 pm

EOSE

Guggenheim analyst Joseph Osha upgraded Eos Energy Enterprises Inc (NASDAQ:EOSE) to Buy from Neutral with a price target of $10. The upgrade follows Eos Energy's $400 million conditional loan commitment from the Department of Energy and the launch of Project AMAZE, a $500 million expansion for clean energy storage production. Despite potential challenges, the analyst believes Eos Energy's product portfolio is superior to other non-lithium-ion technology providers. B.Riley Securities and Stifel also increased their price targets for EOSE.

Portfolio Pulse from Lekha Gupta

September 01, 2023 | 5:51 pm