Streetbeat News

Stock Prices

EHC

Encompass Health (NYSE:EHC) has seen a 9.03% decrease in its short percent of float, now at 1.31% of available shares. This is lower than its peers' average of 3.94%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:30 pm

MSFT

NVDA

OpenAI employees might be allowed to sell shares following a $6.6 billion funding round, as stated by the company's CFO. This development could impact companies like Microsoft (MSFT) and Nvidia (NVDA), which have investments or partnerships with OpenAI.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:30 pm

USO

OPEC has refuted claims made in a Wall Street Journal report that suggested Saudi Arabia indicated oil prices could drop to $50 if OPEC+ does not adhere to output curbs. OPEC labeled the report as 'wholly inaccurate and misleading.'

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:28 pm

SMLP

Summit Midstream shares are trading higher following the announcement of its acquisition of Tall Oak Midstream Operating, LLC and its subsidiaries for $155 million in cash plus common stock.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:28 pm

CIEN

Ciena Corporation (NYSE:CIEN) shares rose 6.6% after announcing a $1 billion share repurchase program starting in fiscal 2025 through 2027, reflecting confidence in its business strength and cash generation.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 5:26 pm

NKE

Nike's stock is falling after missing revenue estimates in its first-quarter results, despite beating earnings expectations. The company reported a 10% year-over-year revenue decline and withdrew its full-year guidance amid a CEO transition. Analysts have adjusted their price targets for Nike, reflecting tempered revenue expectations.

Portfolio Pulse from Adam Eckert

October 02, 2024 | 5:23 pm

NGVC

Natural Grocers is closing its downtown Denver store due to retail theft and safety issues, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:18 pm

JNJ

Johnson & Johnson (JNJ) is experiencing bearish sentiment in options trading, with 75% of trades showing bearish tendencies. Analysts have downgraded their ratings, and the stock is currently trading at $161.21, down by 0.48%.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:17 pm

GE

Investors are taking a bearish stance on GE Aero, with significant options trades indicating potential price movements. The sentiment is split, with 47% bearish and 26% bullish. Analysts have mixed ratings, with price targets ranging from $201 to $212.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 5:16 pm

ENVX

Enovix shares rose as the company began shipping its EX-1M battery cells from Malaysia to customers.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 5:16 pm