Streetbeat News

Revenues

DIA

IWM

QQQ

SPY

Major indexes are experiencing a decline due to a pullback in tech stocks and investor reactions to the latest jobs data.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:55 pm

COIN

MARA

MSTR

RIOT

Shares of crypto companies are trading lower as Bitcoin's price declines, potentially influenced by mixed economic data affecting rate cut expectations.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:53 pm

TRGP

Targa Resources (NYSE:TRGP) has significantly outperformed the market over the past 5 years, with an annualized return of 30.12%. A $100 investment in TRGP 5 years ago would now be worth $371.37, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 4:30 pm

MSTR

MicroStrategy (NASDAQ:MSTR) has significantly outperformed the market over the past 15 years, with an annualized return of 20.85%. A $100 investment in MSTR 15 years ago would be worth $1,740.65 today. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 4:30 pm

AYRWF

AYR Wellness has received conditional approval from the Virginia Cannabis Control Authority to establish medical marijuana operations in Virginia's Health Service Area 1. This is a strategic move for AYR as it expands its footprint in underserved regions, potentially boosting revenue growth amid profitability challenges.

Portfolio Pulse from Patricio Liddle

September 06, 2024 | 4:28 pm

AGX

BLMZ

BRZE

GCO

PL

WHLR

U.S. stocks fell with the Nasdaq dropping over 400 points. Braze shares tumbled 17% after Q2 results, while Planet Labs fell 21% due to poor sales. BloomZ and Wheeler Real Estate saw significant gains. The U.S. economy added 142,000 jobs in August, with unemployment at 4.2%.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 4:22 pm

HOOD

Barclays analyst Benjamin Budish upgraded Robinhood Markets (NASDAQ:HOOD) from Underweight to Equal-Weight, raising the price target from $18 to $20. Robinhood has evolved from a meme stock platform to a competitive brokerage, driven by new products and global expansion. Despite potential challenges, the analyst sees a balanced risk/reward profile for the stock.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 4:16 pm

BTCUSD

Bitcoin veteran Fred Krueger envisions a future where Bitcoin becomes the global currency by 2051, replacing central banks and fiat currency. He predicts a stable economy with zero inflation, where wages and taxes are paid in Bitcoin, fostering financial inclusion and reducing wealth inequality.

Portfolio Pulse from Khyathi Dalal

September 06, 2024 | 4:14 pm

BAC

U.S. Treasury Secretary Janet Yellen warns against eliminating clean energy tax credits, stating it would increase costs for families, threaten U.S. manufacturing jobs, and give China an advantage. Trump proposes reallocating funds from environmental to infrastructure projects. Bank of America plans a $205 million investment for tax credits from an ethanol producer.

Portfolio Pulse from Lekha Gupta

September 06, 2024 | 4:10 pm

JANX

Analysts have mixed ratings for Janux Therapeutics (NASDAQ:JANX), with a recent decrease in the average price target by 1.69%. The company shows strong financial health with significant revenue growth and efficient cost management.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 4:00 pm