Streetbeat News

Stock Prices

TLT

Andrew Slimmon, a senior portfolio manager at Morgan Stanley Investment Management, expressed a bullish outlook on the market, suggesting that the S&P 500 is close to a breakout. The index is just 1% below its all-time high after a 24% surge this year, buoyed by a resilient U.S. economy and easing inflation. Despite the optimism, Morgan Stanley strategists caution about a possible recession in 2024. The 'Santa Claus Rally' and recent highs in the Dow Jones and Nasdaq 100 support the positive sentiment. Vance Howard, CEO of Howard Capital Management, predicts long-term bonds may outperform the S&P 500 in 2024, with the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) seeing a 13% increase since early November.

Portfolio Pulse from Benzinga Neuro

December 28, 2023 | 1:58 am

META

MSTR

NYT

RIOT

TSLA

The stock market saw gains with the Dow Jones, NASDAQ, and S&P 500 all rising. Riot Platforms Inc (RIOT) and MicroStrategy Incorporated (MSTR) experienced significant increases, attributed to Bitcoin's recent price movements and MicroStrategy's Bitcoin holdings. Meta Platforms Inc (META) closed higher with bullish analyst predictions on AI and the Metaverse. The New York Times Company (NYT) also rose amidst a legal battle with OpenAI and Microsoft. Tesla, Inc (TSLA) increased with positive expectations for Q4 delivery results.

Portfolio Pulse from Benzinga Neuro

December 28, 2023 | 1:53 am

VHAQ

Viveon Health Acquisition has received a notice from the NYSE about the commencement of delisting procedures. The company plans to request a review of this determination. Currently, trading of the company's securities has not been suspended and will continue.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 10:30 pm

AAPL

Apple Watch Series 9 and Apple Watch Ultra 2 will be available for purchase in the US and on Apple.com starting tomorrow at 12 PM PT, according to a Bloomberg reporter.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 10:26 pm

DISH

SATS

EchoStar will replace DISH Network in the S&P SmallCap 600 before trading opens on January 2, coinciding with EchoStar's acquisition of DISH Network, subject to final conditions being met.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 10:18 pm

GME

GameStop Corporation (NYSE:GME) shares have increased over 13% in the past month, with recent gains attributed to retail investor support. The stock has shown resilience against sell-offs, breaking past key resistance in late December to reach levels not seen since September. Despite the rally, trading volume is below average, and the stock's high short interest of 23.68% suggests potential for significant price movements.

Portfolio Pulse from Ryan Gustafson

December 27, 2023 | 10:09 pm

NRSN

NeuroSense Therapeutics received a notice from Nasdaq regarding non-compliance with the minimum stockholders' equity requirement. The company has until February 5, 2024, to submit a compliance plan, which could extend the deadline to June 18, 2024, if accepted by Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 10:01 pm

DOGEUSD

XRPUSD

Significant whale activity has been observed in Dogecoin (DOGE) and XRP, with large transfers to various wallet addresses. An unknown wallet transferred 71.2 million DOGE to a Robinhood wallet and 40.03 million to another wallet. Additionally, 367.06 million DOGE was moved between unknown wallets. XRP saw a Binance wallet transfer 300 million XRP to an unknown wallet, among other large transactions. The XRP Ledger experienced a 350% surge in daily transactions, reaching 4.11 million, the highest in two years. Observers and influencers are speculating on the potential impact of this activity on the price of these cryptocurrencies. Dogecoin creator Billy Markus collected over $10,000 in cryptocurrencies through tips. Crypto YouTuber Ben Armstrong and financial blog WallStreetBulls anticipate positive movements for XRP. DOGE and XRP prices have increased by 3.7% and 3.1% respectively in the past 24 hours.

Portfolio Pulse from Khyathi Dalal

December 27, 2023 | 9:34 pm

RETO

ReTo Eco-Solutions reported a significant decline in earnings and revenue for the first half of 2023, with EPS dropping to $(8.32) from $(1.65) year-over-year, and revenue falling to $1.233M from $2.889M in the same period.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 9:33 pm

AACG

BFI

BZUN

FFIE

JZXN

KIRK

PLBY

POL

RENT

UFI

VMAR

In Wednesday's after-market session, several consumer discretionary stocks experienced movement. Gainers included ATA Creativity Glb (AACG), Vision Marine (VMAR), Unifi (UFI), Baozun (BZUN), and Kirkland's (KIRK), with increases ranging from 2.06% to 9.5%. Losers comprised Jiuzi Hldgs (JZXN), PLBY Group (PLBY), BurgerFi International (BFI), Rent the Runway (RENT), Faraday Future (FFIE), and Polished.com (POL), with declines between 2.66% and 6.4%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 9:31 pm