Streetbeat News

Stock Prices

IBG

Innovation Beverage Group's shares began trading at $3 per share, despite the IPO being priced at $4 per share for 1.35 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:38 pm

BABA

JD

LI

LVS

NIO

PDD

WYNN

XPEV

Chinese stocks surged as China announced a significant fiscal stimulus to boost economic growth. Billionaire David Tepper is increasing his investments in Chinese equities, including companies with exposure to China like Wynn Resorts and Las Vegas Sands.

Portfolio Pulse from Adam Eckert

September 26, 2024 | 3:35 pm

MSTR

Bitcoin is highlighted as a hedge against geopolitical uncertainty, with NYDIG noting its potential parallels to gold's performance. Despite a recent rally, options data shows traders are cautious. Corporate adoption is growing, with Cathedra Bitcoin joining MicroStrategy in strategic investments. NYDIG advises caution with new metrics like 'Bitcoin per share.'

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 3:31 pm

SOFI

Investors are showing a bullish stance on SoFi Techs (NASDAQ:SOFI) with significant options activity detected. Benzinga's options scanner identified 10 unusual trades, with 70% being bullish. The price target for SOFI is between $7.0 and $12.0. The stock is currently trading at $7.72.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:30 pm

UNP

Union Pacific (NYSE:UNP) has significantly outperformed the market over the past 20 years, with an annualized return of 15.05%. A $1000 investment in UNP 20 years ago would be worth $16,408.61 today. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:30 pm

SSNC

SS&C Technologies Holdings (NASDAQ:SSNC) has outperformed the market over the past decade with an average annual return of 13.22%, resulting in a $1000 investment growing to $3,390.75. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:30 pm

FUBO

ROKU

VERS

FuboTV Inc. has launched a beta version of its Multiview feature on select Roku devices, allowing users to stream up to four live channels simultaneously. This move positions Fubo as the first vMVPD to offer such a feature on Roku, enhancing user experience and content personalization. Despite this innovation, FUBO shares have declined over 40% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2024 | 3:30 pm

MFG

MUFG

SMFG

Shares of US-listed Japanese banking companies are trading higher following the release of the Bank of Japan's July meeting minutes and in anticipation of Tokyo Core CPI data for September.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:27 pm

BKV

BKV's CEO appeared on CNBC to discuss the company's market debut, highlighting its strategic plans and market positioning. This media exposure could influence investor perception and interest in BKV's stock.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 3:21 pm

CDNS

Cadence Design Systems (NYSE:CDNS) has seen a 7.3% increase in short interest, with 3.56 million shares sold short, representing 1.47% of its float. This is below the peer group average of 3.26%. Short interest can indicate market sentiment, with rising short interest suggesting bearish sentiment.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 3:15 pm