Streetbeat News

Stock Prices

WMT

Walmart's stock price has surged by 73% this year, increasing its market cap to over $733 billion. It is now one of the best-performing companies in the US, surpassing the market caps of Costco and Home Depot.

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November 27, 2024 | 7:00 am

AAAU

Gold prices have risen to $2,645 due to Federal Reserve uncertainty and geopolitical risks, which have increased safe-haven demand. Traders are closely watching the key resistance level at $2,650.

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November 27, 2024 | 7:00 am

BNO

Geopolitical tensions and OPEC+ discussions are influencing the prices of WTI and Brent crude oil. Key levels, demand shifts, and inventory trends are crucial factors in shaping these price trends.

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November 27, 2024 | 7:00 am

GSAT

Globalstar's extended agreement with Apple is expected to double its annual revenues and improve profitability. The anticipated Nasdaq uplisting in Q1 2025, along with a reverse stock split, could attract more institutional investors. The IOT segment is also seen as a potential growth area.

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November 27, 2024 | 6:45 am

C

Citigroup is in the early stages of a turnaround, with stable revenue but declining profitability due to investments in technology and human capital. These investments are expected to boost EPS significantly by 2030. The company's valuation is attractive, with low P/E and P/B ratios compared to peers.

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November 27, 2024 | 6:30 am

USFR

The US equity market is experiencing high valuation extensions, with overly bullish sentiment indicators. Despite potential Fed rate cuts, USFR remains a safe investment during potential equity corrections.

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November 27, 2024 | 6:30 am

BOND

SGOV

SGOV's attractiveness is reduced due to expected Federal Reserve rate cuts, which may lower its distribution. While SGOV remains a stable cash equivalent, its future returns are limited. Broader bond funds like PIMCO's BOND may offer better returns by leveraging declining rates and longer maturities.

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November 27, 2024 | 6:30 am

HSAI

Hesai Group, a leading lidar sensor manufacturer, plans to reduce its product prices by half next year, potentially increasing the adoption of lidar technology in electric vehicles.

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November 27, 2024 | 6:15 am

EW

Edwards Lifesciences Corporation is facing a lawsuit for alleged securities law violations. Investors who suffered losses are encouraged to contact Levi & Korsinsky before December 13, 2024, to discuss potential recovery options.

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November 27, 2024 | 5:45 am

CMG

Levi & Korsinsky has notified investors of Chipotle Mexican Grill, Inc. (NYSE:CMG) about a class action lawsuit. Investors who suffered losses can learn about potential recovery under federal securities laws.

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November 27, 2024 | 5:45 am