Streetbeat News

Stock Prices

SLDP

Solid Power, Inc. (NASDAQ:SLDP) shares are rising after announcing a stock repurchase program of up to $50 million, reflecting the company's strong cash position and belief that its shares are undervalued. The program will run until December 31, 2025, and purchases will be made at management's discretion. The company recently deepened its partnership with SK On, which is expected to enhance collaboration and increase presence in key battery markets. Analysts generally rate SLDP as a Buy, with historical price action showing a 4.95% rise over the past 3 months and a 126.31% increase in revenue over the past year.

Portfolio Pulse from Erica Kollmann

January 23, 2024 | 5:54 pm

AMZN

DIS

GOOG

NFLX

PARA

Content creator MrBeast is reportedly close to signing a deal with Amazon.com, Inc. (AMZN) for a reality competition series on Prime Video, potentially worth $100 million. This follows his successful YouTube video, a real-life version of Netflix's 'Squid Game,' which garnered 564 million views. The move is seen as a miss for Netflix Inc (NFLX), which has launched its own 'Squid Game' reality show. Other content creators have also transitioned to TV, like Dude Perfect with shows on CMT and Nickelodeon (PARA, PARAA) and The D'Amelios on Hulu (DIS). MrBeast's potential deal with Amazon could draw his large YouTube audience, owned by Alphabet Inc (GOOG, GOOGL), to Prime Video.

Portfolio Pulse from Chris Katje

January 23, 2024 | 5:50 pm

ALC

CZMWY

Bernstein analyst Susannah Ludwig has initiated coverage on ophthalmology companies, recommending Alcon AG (NYSE:ALC) with an Outperform rating and a price target of $94.03, while giving Carl Zeiss Meditec AG (OTC:CZMWY) an Underperform rating with a price target of $82.31. Ludwig highlights the importance of innovation in the ophthalmology market, which is valued at $34 billion with mid-single digit growth rates. Alcon is noted for its significant R&D spending, which is 1.9 times higher than its next competitor, while Zeiss, though leading in digital, must maintain high R&D spending to stay competitive. Shares of Alcon and Carl Zeiss Meditec declined by 2.34% and 0.95%, respectively, at the time of publication.

Portfolio Pulse from Priya Nigam

January 23, 2024 | 5:47 pm

DTSS

Datasea's stock (DTSS) is trading higher following the company's pre-announcement of its first half 2024 revenue, indicating a positive financial outlook.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:41 pm

ABL

BRO

FANH

GOCO

HCI

HIPO

HUIZ

ITIC

MRAI

OXBR

SLQT

THG

In Tuesday's intraday session, insurance stocks saw varying movements. Gainers included Fanhua, Brown & Brown, HCI Group, Huize Holding, SelectQuote, and Abacus Life, with increases ranging from 2.8% to 5.16%. Losers were Oxbridge Re Holdings, GoHealth, Hippo Holdings, Marpai, Hanover Insurance Group, and Investors Title, with declines between 2.04% and 4.63%. Trading volumes for all mentioned stocks were at 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:40 pm

ESGL

ESGL Holdings' stock price is on the rise following the announcement of a multi-year circular NEWSPAR supply agreement with Sentosa Clay Products. This agreement is expected to provide a stable and potentially growing revenue stream for ESGL Holdings over the duration of the contract.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 5:32 pm

Over the past 15 years, Mastercard (NYSE:MA) has delivered an average annual return of 26.21%, outperforming the market by 14.14% on an annualized basis. A $100 investment in Mastercard stock 15 years ago would be worth $3,464.26 today. Mastercard's market capitalization currently stands at $414.51 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:31 pm

RCL

Over the past 15 years, Royal Caribbean Gr (NYSE:RCL) has produced an average annual return of 19.21%, outperforming the market by 7.13% on an annualized basis. A $100 investment in RCL 15 years ago would be worth $1,215.38 today. The company's current market capitalization stands at $32.54 billion.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:31 pm

ASST

BREA

CNVS

CSSEN

FAZE

GDC

GPAK

NXTP

RUM

SURG

TKO

During Tuesday's intraday session, several communication services stocks experienced significant movements. FaZe Holdings (FAZE) saw a 93.2% increase, while Rumble (RUM) rose by 31.91%. Other gainers included Gamer Pakistan (GPAK), TKO Group Holdings (TKO), Cineverse (CNVS), and NextPlay Technologies (NXTP). Conversely, Chicken Soup for the Soul Entertainment (CSSEN), TuanChe (TC), Asset Entities (ASST), GD Culture Group (GDC), Brera Holdings (BREA), and Surgepays (SURG) were among the losers.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:31 pm

ENSC

NUTX

OTLK

SRTS

TSBX

During Tuesday's intraday session, several healthcare stocks experienced significant movements. Ensysce Biosciences (ENSC) led the gainers with a 46.5% increase, while Nutex Health (NUTX) saw the largest decline among the losers, dropping 25.6%. Other notable movers included Turnstone Biologics (TSBX), Sensus Healthcare (SRTS), and Outlook Therapeutics (OTLK) with substantial gains, and Atreca (BCEL), Gyre Therapeutics (GYRE), and Aclarion (ACON) with notable losses.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 5:31 pm