Streetbeat News

Stock Prices

VEEV

17 analysts have evaluated Veeva Systems (NYSE:VEEV) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has increased by 4.67% to $236.24. Analysts have mostly raised their price targets, reflecting positive sentiment towards Veeva's financial performance and market position.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 9:00 pm

ICCT

iCoreConnect Inc. (NASDAQ:ICCT) shares surged in extended trading after announcing the divestiture of its Managed Service Provider division to The 20, LLC. The sale aims to focus on core competencies, improve financials, and increase investor appeal. The stock saw heavy trading volume, rising 85.74% after-hours.

Portfolio Pulse from Erica Kollmann

October 01, 2024 | 8:58 pm

DIA

GLD

QQQ

SPY

USO

The market reacted to Iran's missile attack on Israel, Hurricane Helene, and port strikes, causing fluctuations in stock prices. The United States Oil Fund (USO) and SPDR Gold Trust (GLD) saw price increases, while major indexes like SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), and Invesco QQQ Trust (QQQ) experienced declines. Technology stocks were hit hardest, while defense and oil stocks rose.

Portfolio Pulse from Chris Katje

October 01, 2024 | 8:53 pm

MTSI

MACOM Technology Solutions Inc. (NASDAQ:MTSI) saw a 3.83% decrease in stock price to $107.00, despite a 9.22% increase over the past month and a 31.98% increase over the past year. The company's P/E ratio of 112.43 is higher than the industry average of 69.28, suggesting potential overvaluation.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 8:45 pm

NKE

Nike reported Q1 earnings with a revenue miss but an EPS beat. Revenue was $11.59 billion, below estimates, while EPS was 70 cents, above expectations. Sales declined across regions, and the company is undergoing a CEO transition. Nike returned $1.8 billion to shareholders through dividends and buybacks.

Portfolio Pulse from Adam Eckert

October 01, 2024 | 8:42 pm

SPY

USO

The USA API weekly crude oil stock report showed a draw of 1.500 million barrels, which is less than the estimated draw of 2.100 million barrels and significantly less than the prior draw of 4.339 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:39 pm

EA

Leaked images of EA's Project Rene, a new entry in The Sims series, have sparked controversy among fans. The images reveal significant changes, including a mobile-friendly design and potential microtransactions, leading to frustration as EA has no plans for The Sims 5.

Portfolio Pulse from Franca Quarneti

October 01, 2024 | 8:33 pm

TGL

Treasure Global shares rose following the completion of its at-the-market equity offering program.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:33 pm

TGL

Treasure Global has terminated its At-The-Market (ATM) Offering Program after successfully raising $2.99 million by selling 1.67 million common shares. The proceeds have been used to support the company's growth and new business ventures.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:32 pm

QQQ

RIVN

Rivian Automotive shares fell nearly 7% due to a port workers' strike and escalating Middle East tensions. The strike could impact the auto supply chain significantly, while analysts maintain a positive outlook on Rivian with a 12-month price target of $17.48.

Portfolio Pulse from Erica Kollmann

October 01, 2024 | 8:31 pm