Streetbeat News

Stock Prices

BTCUSD

Bitcoin's price is nearing $64,000, driven by positive U.S. employment data and expectations of a Federal Reserve rate cut. The cryptocurrency's recent gains are supported by reduced holdings on exchanges, though geopolitical tensions pose risks.

Portfolio Pulse from Benzinga Neuro

October 07, 2024 | 9:50 am

ALTM

LGMK

PETZ

TRVN

Arcadium Lithium shares surged 27.8% in pre-market trading following a non-binding acquisition approach by Rio Tinto. Other notable pre-market movers include LogicMark, TDH Holdings, and Trevena, with significant gains and losses reported.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 9:40 am

AZN

AstraZeneca announced that its Phase 3b trial for Airsupra (Albuterol/Budesonide) met the primary endpoint, showing a significant reduction in severe exacerbation risk when used as a rescue medication compared to Albuterol alone.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 8:55 am

TSLA

Elon Musk's speech in support of Donald Trump led to a surge in Trump-inspired meme coins, resulting in a trader earning a 34% profit. The trader invested in Maga Coin (TRUMP) and Maga Hat (MAGA) during Musk's speech, which increased in value significantly.

Portfolio Pulse from Aniket Verma

October 07, 2024 | 8:45 am

WMT

A social media post about a book titled 'The Achievements of Kamala Harris' with blank pages at a Walmart store has gone viral. The timing is significant due to the ongoing 2024 presidential race where Harris is leading in polls against Trump.

Portfolio Pulse from Benzinga Neuro

October 07, 2024 | 7:55 am

AMZN

APOG

NAPA

NFLX

TSLA

U.S. stocks rose on Friday, with the Dow Jones gaining over 300 points due to positive jobs data. Tesla, Amazon, and Netflix shares increased, while Apogee Enterprises surged 23% after strong earnings. The Fear & Greed Index remained in the 'Greed' zone, indicating positive market sentiment.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 7:46 am

AMZN

AWS CEO Matt Garman revealed that Amazon Web Services has been exploring generative AI long before it became popular, countering perceptions that AWS was slow in this area. AWS has launched platforms like SageMaker and Bedrock to integrate AI into customer applications. Analysts recognize Amazon's strong position in e-commerce and cloud, with AI being a key driver for AWS.

Portfolio Pulse from Ananya Gairola

October 07, 2024 | 7:34 am

MXL

MaxLinear has introduced MaxAI, an AI/ML framework designed to enhance Wi-Fi performance and reduce costs for Multiple System Operators (MSOs). This innovation is expected to improve network efficiency and offer cost savings.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 7:29 am

META

PLTR

SPY

Meta Platforms, Inc. (NASDAQ:META) and Palantir Technologies, Inc. (NYSE:PLTR) have both seen strong stock performance recently, with Palantir outperforming Meta in year-to-date gains. Despite high valuations, both stocks have potential for further growth, with Meta's upcoming earnings report and Palantir's strong deal flow as potential catalysts.

Portfolio Pulse from Shanthi Rexaline

October 07, 2024 | 7:28 am

BYRN

Byrna Technologies Inc. (NASDAQ:BYRN) is set to release its Q3 earnings on Oct. 9, with analysts expecting a profit of 5 cents per share and revenue of $20.8 million. The company's shares recently rose by 9.4%. Analysts have mixed ratings, with some maintaining Buy ratings and others downgrading to Market Perform.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 7:18 am