Streetbeat News

Stock Prices

SPY

The USA Redbook year-over-year growth rate increased to 5.3% from the previous 4.4%, indicating a rise in retail sales. This data can influence market sentiment and impact ETFs like SPY, which tracks the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:57 pm

CPAI

RWJ

UNFI

United Natural Foods Inc (UNFI) reported strong Q4 earnings, with a 10% sales increase to $8.15 billion, beating estimates. The company's gross margin improved, and adjusted EPS exceeded expectations. UNFI shares rose 9.51% premarket. Investors can access UNFI through ETFs CPAI and RWJ.

Portfolio Pulse from Lekha Gupta

October 01, 2024 | 12:56 pm

BCLI

The trading halt status was updated at 8:55:00 AM ET, indicating a resumption of quotations. This update may involve BCLI, suggesting potential news or developments affecting the stock.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:55 pm

AMZN

NVDA

TSLA

Tesla's stock surged over 24% in September, outperforming its Magnificent Seven peers. The upcoming Robotaxi event on October 10 is generating optimism, with potential updates on full self-driving and autonomous driving. Tesla's technical indicators remain bullish, but the stock may face resistance if key updates disappoint.

Portfolio Pulse from Surbhi Jain

October 01, 2024 | 12:55 pm

LLY

Eli Lilly plans to expand trials of its weight-loss drugs, Mounjaro and Zepbound, to individuals at risk of weight gain, not just those who are overweight. The company is considering lowering the BMI threshold for trials, which could broaden the market for its drugs. This move comes amid high demand and competition in the weight-loss drug market.

Portfolio Pulse from Benzinga Neuro

October 01, 2024 | 12:51 pm

MARA

RIOT

JPMorgan analyst Reginald L. Smith highlights discrepancies in valuations of Bitcoin mining stocks. Marathon Digital (MARA) is deemed overpriced due to its long payback period, while Riot Platforms (RIOT) is considered undervalued, with its assets worth more than its enterprise value.

Portfolio Pulse from Surbhi Jain

October 01, 2024 | 12:50 pm

BTCUSD

A crypto trader, Doctor Profit, predicts Bitcoin could reach $586,500 by 2028, citing factors like M2 money supply growth and black-market inflows. Despite potential market corrections, the trader sees a long-term upward trend for Bitcoin.

Portfolio Pulse from Khyathi Dalal

October 01, 2024 | 12:49 pm

JAGX

Jaguar Health announced that their Phase 3 OnTarget trial for Crofelemer showed statistically significant results in a prespecified subgroup of adult breast cancer patients. This is a positive development for the company.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:39 pm

SIDU

Sidus Space has completed environmental testing for its LizzieSat-2 satellite, marking a critical milestone as it prepares for the satellite's launch into Low Earth Orbit later this year.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:36 pm

PAYX

Paychex reported Q1 2025 earnings per share of $1.16, surpassing the consensus estimate of $1.14. Sales were $1.32 billion, in line with expectations. This marks a 1.75% increase in EPS and a 2.49% increase in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:31 pm