Streetbeat News

Stock Prices

GS

NUKK

Nukkleus Inc. (NASDAQ:NUKK) shares fell in premarket trading after a significant rise the previous day. The drop follows the announcement of a term sheet for acquiring Mercury Global, a cross-border payments firm. Additionally, Goldman Sachs Group, Inc. (NYSE:GS) holds a 7.2% passive stake in Nukkleus. Nukkleus also announced an MOU to increase its stake in Jacobi Asset Management and a payments partnership in Africa, potentially raising its ownership in Jacobi to about 20%.

Portfolio Pulse from Nabaparna Bhattacharya

February 14, 2024 | 2:00 pm

RPRX

Royalty Pharma (NASDAQ:RPRX) is scheduled to release its quarterly earnings report on February 15, 2024, with an estimated EPS of $0.99. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows a mix of beats and misses, with minor share price movements following the announcements. Currently, shares are trading at $29.31, down 21.29% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

ELV

Elevance Health (NYSE:ELV) has received 7 analyst ratings in the last three months, all somewhat bullish, with a recent shift in sentiment and price targets. The average 12-month price target is now $556.29, down from $562.67. Elevance Health, a leading U.S. health insurer and the largest provider of Blue Cross Blue Shield branded coverage, faces revenue challenges with a -0.47% decline but shows strong profitability and financial health indicators.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

IPGP

Analysts have provided diverse opinions on IPG Photonics (NASDAQ:IPGP), with 4 bullish ratings unchanged over the past quarter. The average 12-month price target was adjusted to $122.5, a 2.0% decrease. Financial indicators show IPG Photonics has a strong market position, with significant market capitalization, exceptional net margin, and above-average ROE and ROA, despite a revenue decline of -13.64% over the last 3 months.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

GFS

GLOBALFOUNDRIES (NASDAQ:GFS) has received mixed analyst ratings over the last three months, with a shift towards a more bullish stance in the last 30 days. The average 12-month price target for GFS has been adjusted to $65.2, down from $69.67, reflecting a 6.42% decrease. Analysts from firms including Cantor Fitzgerald, Susquehanna, JP Morgan, and B of A Securities have updated their ratings and price targets, indicating varied expectations for the company's performance. GLOBALFOUNDRIES, a leading semiconductor manufacturer, faces challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

PDD

PDD Holdings (NASDAQ:PDD) has significantly outperformed the market in the last 5 years, with an annualized return of 35.13%, growing a $100 investment to $450.50. The company's market capitalization stands at $174.11 billion.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market with an annualized return of 33.28% over the past 5 years, turning a $100 investment into $654.50 today. The company's market capitalization stands at $10.03 billion.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

ULTA

Ulta Beauty (NASDAQ:ULTA) has been analyzed by 13 analysts, showing a mix of bullish to bearish sentiments. The average 12-month price target is $529.77, up 5.3% from the previous target. Analyst actions include ratings adjustments and price target changes, reflecting recent company performance and market conditions. Ulta Beauty, with 1,355 stores and a partnership with Target, is a leading beauty retailer in the U.S. Financial indicators such as market capitalization, revenue growth, net margin, ROE, and ROA surpass industry averages, indicating a strong market position and financial performance.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 2:00 pm

ABNB

Airbnb (NASDAQ:ABNB) reported Q4 adjusted EPS of $0.76, surpassing the $0.64 estimate, and sales of $2.22B, exceeding the $2.16B estimate. This represents a 58.33% increase in earnings and a 16.61% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:59 pm

SPY

VIXM

XLE

XLU

Following a surprise inflation reading, U.S. equity markets plunged, with the CBOE VIX Volatility Index spiking to a 3-month high. The ProShares Vix Mid-Term Futures ETF (VIXM) and SPDR S&P 500 ETF (SPY) saw significant movements. Analysts suggest a market correction is due, with a shift from growth stocks to value stocks like utilities and energy. The Utilities Select Sector SPDR Fund (XLU) and the Energy Select Sector SPDR Fund (XLE) could benefit, as could aerospace and defense sectors.

Portfolio Pulse from Neil Dennis

February 14, 2024 | 1:58 pm