Streetbeat News

Stock Prices

DOGEUSD

A Dogecoin wallet that had been inactive for nearly a decade has carried out significant transactions, moving 5,392,984 DOGE worth $372,461. The wallet first received Dogecoin in December 2013, when the cryptocurrency was trading at $0.00054. The long-term holder of DOGE secured a profit of $366,493 after holding onto the meme token for almost a decade. Crypto analyst Ali Martinez has expressed optimism about Dogecoin, noting that it is breaking out from a multi-year descending triangle on the DOGE weekly chart.

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 4:22 am

AAPL

Apple Inc. (NASDAQ:AAPL) introduced a series of new Macs featuring its latest M3 chips during its 'Scary Fast' event. The lineup includes the M3, M3 Pro, and M3 Max chips, which are the first personal computer chip series manufactured using a more efficient 3-nanometer process. The 24-inch iMac and 14-16 inch MacBook Pro models have been upgraded with these chips. The 24-inch iMac starts at $1,299 and the 14-inch MacBook Pro with an M3 Pro chip starts at $1,999. Both devices are now open for preorders and will be available from Nov. 7.

Portfolio Pulse from Ananya Gairola

October 31, 2023 | 4:18 am

BTCUSD

ETHUSD

Billionaire investor Stanley Druckenmiller has acknowledged Bitcoin's establishment as a recognizable brand and admitted that he should consider adding it to his portfolio. He compared Bitcoin to gold as a store of value and expressed surprise at Bitcoin’s popularity among younger generations. Druckenmiller previously held Bitcoin but sold it in response to tightening measures imposed by central banks. He also praised blockchain technology and predicted that Ethereum would eventually surpass Bitcoin in popularity.

Portfolio Pulse from Mehab Qureshi

October 31, 2023 | 3:23 am

ARKF

BEAM

DSY

MELI

SOFI

TXG

Ark Invest, led by Cathie Wood, has purchased 473,225 shares of SoFi Technologies, valued at $3.3 million, amid a surge in SoFi's stock price. This acquisition represents 0.4507% of their ARKF ETF. SoFi has reported strong Q3 results, with a 27% Y/Y increase in adjusted revenue to $530.7 million. Ark Invest also made other key trades, including selling shares of Discovery Ltd and MercadoLibre Inc, and purchasing shares of Beam Therapeutics Inc and 10X Genomics Inc.

Portfolio Pulse from Benzinga Neuro

October 31, 2023 | 3:14 am

AAPL

PINS

RIG

SOFI

TSLA

The stock market saw significant activity with the Dow Jones Industrial Average surging over 500 points. Five stocks that gained attention were SoFi Technologies, Apple, Pinterest, Transocean, and Tesla. SoFi, Apple, Pinterest, and Transocean stocks increased by 1.02%, 1.23%, 3.04%, and 1.22% respectively, while Tesla's stock decreased by 4.79%.

Portfolio Pulse from Benzinga Neuro

October 31, 2023 | 2:39 am

ITA

LMT

The election of Rep. Mike Johnson as House Speaker has sparked a dispute within the GOP over a $106 billion aid package for Ukraine and Israel. Senate Minority Leader Mitch McConnell wants to keep financial and military aid for both countries tied together, viewing them as threats to national security. However, Johnson believes Ukraine and Israel need to be treated separately. The outcome of this dispute could impact the stocks of defense companies such as Lockheed Martin, Boeing, Northrop Grumman, General Dynamics, RTX Corp, and Leidos Holdings, as well as ETFs like iShares U.S. Aerospace & Defense ETF, Invesco Aerospace & Defense ETF, and SPDR S&P Aerospace & Defense ETF.

Portfolio Pulse from Natan Ponieman

October 30, 2023 | 11:26 pm

PLOW

Douglas Dynamics has reduced its 2023 net sales outlook from $620M-$650M to $610M-$640M. The company has also lowered its adjusted EPS guidance from $1.55-$2.00 to $1.30-$1.70.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:13 pm

OTTR

Otter Tail Corporation has increased its 2023 EPS guidance from the previous range of $5.70-$6.00 to $6.76-$6.96.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:09 pm

BSM

Black Stone Minerals (NYSE:BSM) reported Q3 earnings of $0.27 per unit, a 64% decrease from the same period last year. Quarterly sales were $109.80 million, missing the analyst consensus estimate of $127.67 million by 14.00% and marking a 49.27% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:07 pm

ZYXI

Zynex Inc. is reportedly considering strategic options, including a potential sale of the company, according to Bloomberg. No final decision has been made yet.

Portfolio Pulse from Charles Gross

October 30, 2023 | 10:02 pm