Streetbeat News

Stock Prices

LAUR

Laureate Education has announced a new stock repurchase program to buy back up to $100 million of its common stock. The repurchases will be financed through free cash flow, excess cash, and liquidity, including available capacity under its Revolving Credit Facility.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 10:01 am

AHR

MPW

Two real estate stocks, Medical Properties Trust Inc (MPW) and American Healthcare REIT Inc (AHR), are currently overbought according to their RSI values, indicating potential short-term price declines. MPW recently settled a dispute, while AHR reported strong earnings and growth expectations.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 9:50 am

DRIO

NRDY

RRGB

Insider buying activity has been observed in three penny stocks: Red Robin Gourmet Burgers, DarioHealth, and Nerdy. Executives from these companies have recently purchased shares, indicating potential confidence in their respective companies despite recent financial challenges.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 9:49 am

TSLA

James May, former Top Gear host, drove the Tesla Cybertruck and found it too large for his liking, though he appreciates its bold design. He suggested a smaller vehicle styled like the Cybertruck could be appealing. Tesla has started delivering the Cybertruck in the U.S. and plans to expand to Canada.

Portfolio Pulse from Anan Ashraf

September 13, 2024 | 9:23 am

NOK

Nokia is searching for a new CEO amid declining sales and a subdued share price. The company faces challenges from weak telecom spending and competition, despite recent acquisitions and partnerships.

Portfolio Pulse from Benzinga Neuro

September 13, 2024 | 9:17 am

VGK

Eurozone industrial production for July decreased by 0.3%, which is better than the estimated decline of 0.6% and an improvement from the previous month's 0.1% decrease.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 9:00 am

NVDA

Nvidia has started supplying advanced chips to Saudi Arabia, boosting market sentiment in the Middle East and Asia. This move aligns with Saudi Arabia's tech infrastructure goals and comes amid U.S. export ban reassessments.

Portfolio Pulse from Benzinga Neuro

September 13, 2024 | 8:58 am

HPE

Hewlett Packard Enterprise (HPE) is pursuing a $4 billion lawsuit against the estate of Mike Lynch, founder of Autonomy, following his death. The lawsuit is related to the 2011 acquisition of Autonomy, which led to an $8.8 billion writedown. Despite Lynch's acquittal on U.S. fraud charges, HPE CEO Antonio Neri insists the lawsuit is in shareholders' best interest.

Portfolio Pulse from Benzinga Neuro

September 13, 2024 | 7:58 am

GOOG

GOOGL

Sergey Brin, co-founder of Alphabet Inc., admitted that Google was overly cautious in deploying language models, despite pioneering the technology. He emphasized the need for risk-taking in the tech industry, suggesting that these models should be released for public experimentation. This cautious approach has been criticized, with some claiming Google is behind in AI development compared to OpenAI.

Portfolio Pulse from Ananya Gairola

September 13, 2024 | 7:39 am

MBX

MBX Biosciences has priced its initial public offering (IPO) of 10.20 million common shares at $16 per share, expecting to raise $163.2 million. The shares will trade on Nasdaq under the symbol 'MBX' starting September 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:27 am