Streetbeat News

Stock Prices

PIXY

ShiftPixy has announced the effective date for its 1-for-24 reverse stock split, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:37 pm

COST

Costco Wholesale Corp (NASDAQ:COST) shares are trading lower following the company's Q4 results. The company reported a 9.4% YoY increase in net sales to $77.43 billion and total revenues of $78.939 billion, beating the consensus estimate of $77.9 billion. Costco also reported Q4 earnings of $4.86 per share, beating analyst estimates of $4.79 per share. Despite these positive results, the company's shares were down 1.62% at the time of publication.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 12:36 pm

SHOP

Shopify Inc (NYSE:SHOP) has entered into an international alliance with B2B retail marketplace, Faire. As part of the collaboration, Shopify will become a shareholder in Faire and its Point of Sale (POS) system will be the preferred provider for Faire's independent retail community. The alliance will also see the launch of features aimed at streamlining B2B operations on both platforms.

Portfolio Pulse from Shivani Kumaresan

September 27, 2023 | 12:35 pm

BTC-USD

Bitcoin (CRYPTO: BTC) continues to hold its position as the largest and most liquid digital asset globally. The article recalls the story of a man who paid 10,000 Bitcoins for a pizza delivery in 2010, an amount that today equates to $263 million. If he had held onto the Bitcoins, he could have afforded a $69 million mansion and still have $195 million left. At the time of writing, BTC was trading at $26,227.36, down 0.13% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 27, 2023 | 12:34 pm

BLNK

CHPT

Shares of EV charging network companies ChargePoint Holdings Inc (NYSE:CHPT) and Blink Charging Co (NASDAQ:BLNK) are trading higher after UBS initiated coverage on the stocks with a Buy rating. UBS set a price target of $9 for ChargePoint and $7 for Blink. ChargePoint has positive ratings from 18 firms and neutral ratings from four, while Blink has positive ratings from five firms and neutral ratings from five.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 12:33 pm

SOUN

DA Davidson has initiated coverage on SoundHound AI with a Buy rating and a price target of $5. This has led to an increase in the trading of SoundHound AI shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:32 pm

SPY

The U.S. Durable Goods Excluding Defense for August has decreased by 0.7%, compared to a 6% decrease in the prior month.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:31 pm

SPY

The Goods Orders Non Defense Ex Air MoM for August increased by 0.9%, beating the estimate of 0.0%.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:31 pm

SPY

Core Durable Goods Orders for August have increased by 0.4%, surpassing the estimated 0.1%.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:30 pm

MLKN

MillerKnoll reported better-than-expected Q1 financial results and issued Q2 and FY24 EPS guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 12:30 pm