Streetbeat News

Stock Prices

AMD

HPE

ISRG

JNPR

META

NVDA

PANW

AI stocks have been leading gains in the S&P 500 index in January, with Juniper Networks, Nvidia, and Palo Alto Networks among the top performers. Juniper Networks received a $14 billion takeover offer from Hewlett Packard Enterprise, Nvidia continued its strong performance with a 15% gain in January, and Palo Alto Networks saw a 14% increase. Nvidia's technology and market share in AI GPUs, including a large purchase by Meta Platforms, positions it well for 2024. Palo Alto Networks is also favored by analysts for its role in cybersecurity against AI-powered threats. Other notable companies include AMD with a 10.3% gain and Intuitive Surgical, also up by 10.3%, both benefiting from the AI trend.

Portfolio Pulse from Neil Dennis

January 19, 2024 | 2:37 pm

BTCUSD

ETHUSD

Bitcoin and Ethereum experienced losses, with Bitcoin falling below the $42,000 mark and Ethereum trading below $2,500. The global crypto market cap decreased by 2.5% to $1.63 trillion. Render was the top gainer, while Sui was the biggest loser among cryptocurrencies over the past 24 hours. Other notable gainers include Celestia, Chainlink, Maker, and BNB, while Helium, Akash Network, Terra Classic, and Ethereum Name Service were among the top losers.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 2:34 pm

ADMQ

TLRY

VTAK

Insiders at Catheter Precision, ADM Endeavors, and Tilray Brands have recently purchased shares of their respective companies, signaling potential confidence in their company's prospects. Catheter Precision's VIVO System was featured in a case study, ADM Endeavors' stock has risen 38% over the past month, and Tilray Brands entered into an agreement with Double Diamond Holdings.

Portfolio Pulse from Avi Kapoor

January 19, 2024 | 2:33 pm

AAL

DAL

JBLU

LUV

SAVE

UAL

Spirit Airlines (SAVE) is urging JetBlue (JBLU) to appeal a federal judge's decision that blocked their $3.8 billion merger, which could have created the fifth-largest US carrier. The ruling, favoring antitrust regulators, has led to a significant drop in Spirit's shares. Despite the setback, Spirit's Q4 2023 revenue is expected to be at the high end of guidance, and the company is looking to refinance debt. Shares of SAVE and JBLU have risen on the latest update.

Portfolio Pulse from Vandana Singh

January 19, 2024 | 2:33 pm

MULN

Mullen Automotive has announced that Bollinger Motors, which it owns, has received orders for 40 B4, Class 4 electric trucks. The orders are valued at approximately $6 million.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 2:31 pm

AMD

COST

NVDA

UBER

On Thursday, major market indices closed higher, with the S&P 500 up 0.89% and NASDAQ-100 up 1.42%. Technology led sector gains, up 2.03%. Notably, NVIDIA, AMD, Uber, Visa, and Costco reached new all-time highs, with impressive one-year performances. Investors are optimistic as Q4 earnings provide market insights for 2024.

Portfolio Pulse from Surbhi Jain

January 19, 2024 | 2:30 pm

NOW

ServiceNow (NYSE:NOW) has delivered an impressive average annual return of 32.21% over the past 5 years, outperforming the market by 19.49%. A $1000 investment in NOW 5 years ago would be worth $4,038.77 today. ServiceNow's market cap stands at $153.79 billion.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:30 pm

LOW

Lowe's Companies (NYSE:LOW) has seen a 7.32% decrease in short interest since its last report, with 8.75 million shares sold short, representing 1.52% of available shares. The average time to cover these short positions is 3.54 days. A decrease in short interest can indicate a more bullish sentiment among investors. Compared to its peers, Lowe's has a lower short interest as a percentage of float, with the peer group average at 6.19%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:30 pm

PLD

Over the past 15 years, Prologis (NYSE:PLD) has delivered an average annual return of 13.85%, outperforming the market. A $1000 investment in PLD 15 years ago would be worth $6,645.26 today. Prologis currently has a market cap of $116.66 billion. The key takeaway is the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:30 pm

BFRG

Bullfrog AI Hldgs (NYSE:BFRG) has seen a 16.18% increase in short interest since the last report, with 89 thousand shares sold short, representing 3.59% of its float. It would take 1.73 days to cover these short positions. The rise in short interest suggests a more bearish market sentiment towards BFRG compared to its peers, which have an average short interest of 3.00% of float.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 2:30 pm