Streetbeat News

Stock Prices

HOOD

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, are experiencing declines amid Middle East tensions. Despite this, traders see potential for a bullish trend, with increased large transactions and active addresses. Notable developments include Ripple's Dubai approval and Robinhood's crypto transfers in Europe.

Portfolio Pulse from Khyathi Dalal

October 01, 2024 | 7:23 pm

ETCUSD

Ethereum Classic (ETC) is experiencing a 6.2% drop in value due to increased geopolitical tensions following Iran's missile strike on Israel. The conflict has led to market anxiety, causing investors to move away from riskier assets like cryptocurrencies.

Portfolio Pulse from Henry Khederian

October 01, 2024 | 7:22 pm

EIS

ISRA

SPY

USO

The Pentagon has expressed full support for Israel's right to defend itself following a significant attack by Iran. This geopolitical tension may impact various sectors, including defense and energy.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 7:19 pm

AAPL

Barclays analyst Tim Long warns of weaker demand and potential early production cuts for Apple's iPhone 16, maintaining an Underweight rating on Apple Inc. with a price target of $186. The analyst notes possible iPhone build cuts, weak sell-throughs, and shorter lead times, indicating a softer start to the iPhone 16 cycle due to macro pressures and competition.

Portfolio Pulse from Anusuya Lahiri

October 01, 2024 | 7:02 pm

PEPEUSD

Pepe (CRYPTO: PEPE) has experienced a 5.37% price drop in the last 24 hours, contrasting with a 22% gain over the past week. Trading volume increased by 111% over the week, while circulating supply slightly decreased. Pepe's market cap is ranked #27 at $4.30 billion.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 7:02 pm

SLB

Recent options activity for Schlumberger (NYSE:SLB) shows a bullish trend, with 51% of trades having bullish expectations. Analysts have set an average price target of $58.1, with some projecting as high as $64. The stock is currently trading at $43.19, up 2.94%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 7:01 pm

ESTA

Analysts have provided mixed ratings for Establishment Labs Hldgs (NASDAQ:ESTA) over the past three months, with a current average price target of $52.6, down from $55.00. The company's financials show challenges, including a -9.15% revenue decline and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 7:01 pm

NEE

NextEra Energy (NYSE:NEE) has seen significant options trading activity, with 66% of traders showing bullish sentiment. The stock is currently priced at $85.33, with analysts setting target prices between $80 and $102. The company's next earnings report is due in 21 days.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 7:01 pm

EW

Analysts have varied opinions on Edwards Lifesciences (NYSE:EW), with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has decreased by 14.84% to $81.0. Analysts have mostly lowered their price targets, reflecting changing market conditions and company performance. Despite this, Edwards Lifesciences shows strong financial metrics, including a high net margin and low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 7:01 pm

SNOW

The article analyzes recent options trading activity for Snowflake (NYSE:SNOW), revealing a bearish sentiment among financial giants. Of 41 unusual trades, 51% were bearish, with significant put and call options activity. The stock is currently trading at $111.29, down 3.11%.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 7:01 pm