Streetbeat News

Stock Prices

ALAB

Astera Labs shares are experiencing an increase in their trading value due to post-IPO volatility. This movement is typical for companies shortly after they go public as investors and the market adjust to the new stock.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:59 am

FAF

First American Financial's stock (FAF) trades higher following an upgrade from Keefe, Bruyette & Woods, moving from Market Perform to Outperform, with a price target increase from $66 to $69.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:58 am

FRO

Frontline shares surged following an upgrade by Jefferies from Hold to Buy, with a price target increase from $22 to $30.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:58 am

AVGO

Broadcom's stock (AVGO) experienced a rise following an upgrade by TD Cowen from Market Perform to Outperform, with a new price target set at $1,500, up from $1,400.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:56 am

RVLV

Revolve Group's stock (RVLV) trades higher following an upgrade by TD Cowen from Market Perform to Outperform, with a price target increase from $23 to $25.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:56 am

GLD

SPY

USO

UUP

Global markets saw gains with the S&P 500, Dow Jones, and Nasdaq all closing higher after the Federal Reserve announced it would keep borrowing costs stable and hinted at possible rate cuts. Gold surged to a record high, crossing $2,200. Asian and European markets also experienced gains, with notable increases in Japan's Nikkei 225 and Australia's S&P/ASX 200. U.S. crude oil stocks fell unexpectedly, and the U.S. Dollar Index dropped.

Portfolio Pulse from Akanksha Bakshi

March 21, 2024 | 10:54 am

CLVT

Clarivate Plc (NYSE:CLVT) has announced the acquisition of the majority of assets from MotionHall, a Silicon Valley-based AI start-up focusing on life sciences. The financial details of the transaction were not disclosed. This acquisition is a strategic move to enhance Clarivate's Life Sciences & Healthcare offerings through generative AI and AI solutions, aiming to improve products like Clarivate Cortellis and introduce new tools such as a Business Development & Licensing Enterprise Workbench. Clarivate's cash position was $370.7 million as of December 31, 2023. Following the news, CLVT shares rose 4.06% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 21, 2024 | 10:53 am

LI

Li Auto has revised its Q1 delivery forecast downwards from 100,000-103,000 to 76,000-78,000, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:52 am

F

LEG

WEN

Wall Street's most accurate analysts have provided their views on three consumer discretionary stocks with high dividend yields: Leggett & Platt, Ford Motor Company, and The Wendy's Company. These stocks offer dividend yields ranging from 4.65% to 9.75%. The analysis includes recent ratings, price target adjustments, and significant news impacting each company, such as financial results and regulatory probes.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 10:52 am

YJ

Yunji Inc. (YJ) reported a significant decline in its Q4 earnings, with a loss of $(0.47) per share compared to a $(0.02) loss per share year-over-year. Sales also decreased by 49.81% to $21.01 million from $41.86 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 10:51 am