Streetbeat News

Stock Prices

AAPL

MSFT

OpenAI has successfully closed a $6.6 billion funding round, as discussed by COO Brad Lightcap on CNBC. The company also announced a partnership with Apple, which could have implications for both companies.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:46 pm

PAGP

Plains GP Holdings (NYSE:PAGP) has seen a 9.62% increase in its short percent of float, now at 5.13%. This is higher than its peers' average of 3.03%. It would take traders 7.7 days to cover their short positions. Increased short interest can indicate bearish sentiment but may also present bullish opportunities.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:45 pm

NRG

NRG Energy's short interest has decreased by 11.54%, with 8.83 million shares sold short, representing 5.67% of its float. This is higher than its peers' average of 1.95%. The decrease in short interest may indicate a shift towards a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:45 pm

TMO

Thermo Fisher Scientific (NYSE:TMO) has seen a 12.9% increase in its short percent of float, now at 1.05% of available shares. This is lower than its peers' average of 5.58%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:45 pm

XPON

Expion360 Inc. (NASDAQ:XPON) announced a 1-for-100 reverse stock split to meet Nasdaq's minimum bid price requirement. The split will be effective on October 8, with trading on a split-adjusted basis starting October 9. The stock is trading 28% lower following the announcement.

Portfolio Pulse from Dylan Berman

October 07, 2024 | 2:44 pm

SBXD

SilverBox Corp IV shares have started trading at $9.95 per share. This marks the initial trading activity for the company.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:44 pm

DOGEUSD

Dogecoin (DOGE) is potentially gearing up for a significant rally, according to crypto analysts. A familiar pattern suggests a breakout from a multi-year descending triangle, followed by a surge and retracement. Analysts predict a possible breakout to $0.14, with increased large transaction volumes and active addresses supporting this outlook.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 2:43 pm

MBLY

Mobileye Global shares fell after JP Morgan downgraded the stock from Neutral to Underweight and reduced its price target from $16 to $10.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:42 pm

NKE

Nike's stock has dropped 8% following its Q1 earnings report, which showed a revenue miss and significant sales declines across key markets. The company also withdrew its full-year guidance, signaling uncertainty. Despite beating earnings expectations, Nike faces challenges with consumer demand, competition, and leadership transition.

Portfolio Pulse from Henry Khederian

October 07, 2024 | 2:40 pm

AMZN

CVX

NFLX

NVDA

TSLA

Nvidia's GPU sales may be at risk as China promotes local AI chips in retaliation, potentially impacting Nvidia's market share. Meanwhile, Tesla, Amazon, and Netflix see gains, boosting investor optimism. Chevron sells $6.5B in assets to Canadian Natural Resources.

Portfolio Pulse from Akanksha Bakshi

October 07, 2024 | 2:39 pm