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Stock Prices

SPPL

SIMPPLE LTD has priced its initial public offering (IPO) of approximately 1.6 million ordinary shares at $5.25 per share, raising a total of $8.4 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:50 am

GORO

Gold Resource Corporation has reported positive drill results at its Don David Gold Mine. This indicates potential for increased gold production in the future.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:46 am

BTCUSD

DOGEUSD

ETHUSD

Senator Elizabeth Warren has called for a probe into allegations that Elon Musk, CEO of Tesla and SpaceX, restricted access to SpaceX's Starlink satellite network, allegedly hindering a Ukrainian military operation against Russia's Black Sea fleet. Dogecoin co-creator Billy Makrus expressed his dissatisfaction with Senator Warren's actions. The Dogecoin Foundation's board includes advisors such as Jared Birchall, who represents Elon Musk, and Ethereum co-founder Vitalik Buterin. At the time of writing, Bitcoin was trading at $25,873.14, up 0.32% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 13, 2023 | 5:19 am

AAPL

BTCUSD

Apple Inc. (NASDAQ:AAPL) has launched its iPhone 15 series. The article discusses the historical prices of iPhones in terms of Bitcoin (BTC), highlighting that the price of the iPhone 15 is equivalent to 0.031 BTC or 3099882.541 satoshis. At the time of writing, BTC was trading at $25,873.14.

Portfolio Pulse from Mehab Qureshi

September 13, 2023 | 4:17 am

BYDDF

TSLA

Wall Street analysts have identified a Chinese electric vehicle (EV) that rivals Tesla's Model 3, at a significantly lower cost. The Seal, produced by China’s EV behemoth BYD Company Ltd., backed by Warren Buffett‘s Berkshire Hathaway, is giving Tesla’s Model 3 a run for its money. Analysts at UBS recently examined the BYD Seal and found that it competes with the Model 3 on many fronts but at a 10-20% lower selling price.

Portfolio Pulse from Benzinga Neuro

September 13, 2023 | 2:46 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a significant surge following a rapid decline and subsequent rebound in their prices. This was primarily driven by concerns surrounding FTX’s potential sale of its crypto holdings. Franklin Templeton has announced its entry into the cryptocurrency sector by filing an application for a Bitcoin exchange-traded fund (ETF). The global crypto market capitalization stands at $1.03 trillion, a 2.16% increase in the last day. The Nasdaq Composite experienced a decline due to Oracle’s disappointing performance.

Portfolio Pulse from Mehab Qureshi

September 13, 2023 | 2:35 am

ADYEN

AVAV

DDD

DKNG

HOOD

SLGC

Ark Invest, led by Cathie Wood, has made significant trades, focusing on Robinhood Markets Inc (NASDAQ:HOOD), purchasing 440,081 shares through ARK Innovation ETF (NYSE:ARKK) and Ark Fintech Innovation ETF (NYSE:ARKF), valued at $4.75 million. The firm also continued to sell DraftKing shares, shedding 106,570 shares from ARKK, valued at $3.3 million. Other trades included selling AEROVIRONMENT INC (NASDAQ:AVAV) shares, buying SOMALOGIC INC (NASDAQ:SLGC) shares, acquiring shares of ADYEN NV (NYSE:ADYEN), and selling shares of 3D SYSTEMS CORP (NYSE:DDD).

Portfolio Pulse from Benzinga Neuro

September 13, 2023 | 2:20 am

AAPL

ADBE

TSLA

XOM

U.S. stocks showed mixed performance with the Nasdaq Composite and the S&P 500 experiencing declines. Apple's stock declined by 1.71% following the lukewarm response to its new product unveilings. WeWork's shares surged by 86.36% despite the absence of company-specific news. Exxon Mobil's shares rose by 2.89% due to OPEC's maintained growth forecasts and a projected supply shortfall in the global oil markets. Adobe's shares declined by 3.95% ahead of its third-quarter earnings report. Tesla's shares declined by 2.23% despite Wall Street attention on its venture into supercomputing.

Portfolio Pulse from Benzinga Neuro

September 13, 2023 | 2:02 am

CTAS

Cintas Corporation's (NASDAQ:CTAS) shares rose ahead of its fiscal first-quarter results release on Sept. 26. BofA Securities analyst Heather Balsky upgraded the rating for Cintas from Neutral to Buy, raising the price target from $523 to $580. Balsky cited increased optimism around Cintas' sales and margin momentum due to the U.S. economy's 'soft landing'. Cintas is seen as a beneficiary of the ongoing shift to outsourcing, with room for margin expansion.

Portfolio Pulse from Priya Nigam

September 12, 2023 | 11:28 pm

AAPL

Apple Inc (AAPL) unveiled the iPhone 15 at a recent event, with preorders starting on September 15. Wedbush analyst Daniel Ives maintains an Outperform rating on Apple with a price target of $230. Ives expects the iPhone 15 to trigger a 'mini supercycle' despite macroeconomic uncertainties and issues in China. He estimates Apple will sell around 85 million iPhone 15 units initially, which is similar to the iPhone 14 launch. Ives also anticipates a shift towards the Pro and Pro Max models, which could boost average sale prices (ASPs). Apple shares were down 1.71% to $176.30 at market close on Tuesday.

Portfolio Pulse from Chris Katje

September 12, 2023 | 11:12 pm