Streetbeat News

Stock Prices

CSWC

Capital Southwest Inc. (NASDAQ:CSWC) stock is currently at $25.30, down 0.35% in the current session but up 8.67% over the past month and 36.37% over the past year. The company's P/E ratio of 13.72 is lower than the Capital Markets industry average of 20.25, which could indicate that the stock is undervalued or that shareholders expect less future growth.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 8:45 pm

OKE

ONEOK, Inc. has announced a new $2 billion share repurchase program and has increased its quarterly dividend, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 8:41 pm

DIS

DKNG

PDYPY

A bettor placed a $10 parlay bet with FanDuel, owned by Flutter Entertainment (OTC:PDYPY), on four league championships. With three wins secured, the bettor could win $24,592.90 if the Baltimore Ravens win Super Bowl LVIII. The bettor has the option to cash out now for $4,350.30 or let it ride. The Ravens, favored by DraftKings Inc (NASDAQ:DKNG), play the Texans in the NFL Divisional Round, broadcast by The Walt Disney Company (NYSE:DIS) networks.

Portfolio Pulse from Chris Katje

January 18, 2024 | 8:24 pm

JBHT

J.B. Hunt Transport Services has announced an increase in its quarterly dividend from $0.42 to $0.43 per share.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 8:18 pm

CRSR

Corsair Gaming Inc. (NASDAQ:CRSR) saw a 2.16% increase in its stock price to $13.25 in the current market session. Despite this, CRSR's stock has fallen by 9% over the past month and 8.12% over the past year. The company's P/E ratio of 118.0 is significantly higher than the industry average of 26.25, suggesting that the stock might be overvalued compared to the Technology Hardware, Storage & Peripherals industry.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 8:15 pm

AMZN

GOOG

GOOGL

Google Cloud is reportedly closing in on Amazon Web Services (AWS) in terms of revenue per employee, indicating improved efficiency and competitiveness in the cloud computing market. This could signal Google Cloud's growing ability to leverage its workforce to generate revenue, potentially narrowing the market share gap with AWS over time.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 8:14 pm

MSFT

Bank of America Securities analyst Brad Sills reiterated a Buy rating on Microsoft Corp (NASDAQ:MSFT) and raised the price target from $430 to $450, citing a solid reacceleration story in 2024. Sills expects a 1% constant currency upside to Q2 revenue estimates, driven by Azure and M365 strength, despite weaker PC shipments. He anticipates currency to provide a 2% tailwind to growth and foresees a $450 million upside in PBP segment revenue. Additionally, accelerating ASP growth from M365 Copilot is expected to drive Office growth. Exane BNP Paribas analyst Stefan Slowinski upgraded Microsoft from Neutral to Outperform with a $471 price target. MSFT shares were up by 0.89% at $392.96.

Portfolio Pulse from Anusuya Lahiri

January 18, 2024 | 8:08 pm

WEC

WEC Energy Group (NYSE:WEC) has announced a 7% increase in its quarterly dividend, from $0.78 to $0.835 per share, marking the 326th consecutive quarter of dividend payments since 1942. The new annual dividend rate will be $3.34 per share, payable on March 1, 2024, to shareholders of record as of February 14, 2024. This continues the company's 21-year streak of dividend increases, with a targeted payout of 65 to 70 percent of earnings.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 8:02 pm

NOW

ServiceNow's stock (NOW) is trading higher following Oppenheimer's reaffirmation of an Outperform rating and an increase in the price target from $750 to $800.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 8:01 pm

SIEB

Siebert Financial Corp has filed a prospectus with the SEC, which pertains to the potential resale of up to 8.1 million shares of common stock by a selling shareholder. The filing indicates that these shares may be sold from time to time, but does not necessarily represent a new offering by the company itself.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 8:01 pm