Streetbeat News

Stock Prices

SM

SM Energy Inc. (NYSE:SM) shares are trading at $39.32, down 1.23%. The stock decreased by 6.55% over the past month but increased by 5.22% over the past year. The company's P/E ratio is lower than the industry average, suggesting potential undervaluation or low future growth expectations.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 4:30 pm

EIS

ISRA

SPY

USO

Israeli troop movements indicate a potential ground incursion into Lebanon, as reported by a U.S. official to Reuters. This geopolitical tension could impact various sectors, including energy and defense.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 4:29 pm

ACB

CGC

TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) stock is trading higher following Vice President Kamala Harris's comments on legalizing marijuana. Other cannabis stocks like Aurora Cannabis Inc. (NASDAQ:ACB) and Canopy Growth Corporation (NASDAQ:CGC) are also seeing gains.

Portfolio Pulse from Dylan Berman

September 30, 2024 | 4:27 pm

GM

Sarat Sethi announced on CNBC that he has sold his holdings in General Motors Company.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 4:26 pm

GANX

Gain Therapeutics shares are trading lower following the announcement of a presentation of a late-breaking abstract at the International Congress of Parkinson's Disease and Movement Disorders.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 4:24 pm

ZCMD

Zhongchao Inc. (NASDAQ:ZCMD) shares surged over 56% as investors flock to China-based stocks following new stimulus measures by China's central bank. These measures include lower interest rates and relaxed real estate restrictions, leading to significant gains in Chinese markets.

Portfolio Pulse from Erica Kollmann

September 30, 2024 | 4:23 pm

BTCUSD

Bitcoin's price has dropped below $64,000, with analyst DonAlt highlighting the $64,000-$65,000 range as a key resistance level. He suggests a potential breakout but warns of a possible bear market if Bitcoin fails to rise. Short-term support is identified at $62,600, with deeper support at $61,600.

Portfolio Pulse from Khyathi Dalal

September 30, 2024 | 4:20 pm

GANX

Gain Therapeutics presented Phase 1 data at a Parkinson's Congress, showing that their drug GT-02287 increases GCase activity and demonstrates CNS exposure in healthy volunteers.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 4:19 pm

BIDU

Baidu Inc (NASDAQ:BIDU) shares have risen by 15% due to China's economic stimulus measures and a strong PMI report. The People's Bank of China has implemented monetary easing, including a reserve requirement ratio cut and a repo rate reduction, boosting liquidity. This is expected to benefit Baidu, a leader in AI and cloud services, by increasing lending capabilities. The positive PMI data suggests potential economic recovery, further supporting Baidu's stock rally.

Portfolio Pulse from Henry Khederian

September 30, 2024 | 4:18 pm

EMKR

HRTG

NIO

PRME

PRTA

STLA

U.S. stocks showed mixed performance with the Dow Jones falling over 200 points. Notable stock movements included NIO Inc. rising 11% due to significant investments, Prime Medicine surging 23% after a collaboration with Bristol Myers Squibb, and EMCORE Corporation gaining 71% following an acquisition offer. Conversely, Prothena Corporation dropped 19% after leadership updates, Heritage Insurance Holdings fell 17%, and Stellantis N.V. decreased 14% after lowering its FY24 guidance.

Portfolio Pulse from Avi Kapoor

September 30, 2024 | 4:17 pm