Streetbeat News

Stock Prices

PSX

Phillips 66 shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $130 to $144.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:57 pm

IMAC

Trading of IMAC Holdings shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:52 pm

BTCUSD

DOGEUSD

ETHUSD

MATICUSD

SHIBUSD

The cryptocurrency market is poised for a significant shift, according to analytics firm Glassnode. Bitcoin's stagnation around the $25,800 mark suggests a potential breakout. The market's ongoing search for direction might be due to the anticipation surrounding the approval of a Spot Bitcoin ETF. Major cryptocurrencies Ethereum, Shiba Inu, Dogecoin, and Polygon are trading nearly flat.

Portfolio Pulse from Murtuza Merchant

September 08, 2023 | 1:51 pm

GILD

Bank of America Securities has upgraded Gilead Sciences from Neutral to Buy, leading to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:49 pm

RH

RH shares are trading lower following the company's cautious outlook for the luxury housing market and broader economy through 2023. The company also issued soft Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:48 pm

IMAC

Shares of IMAC Holdings were halted on a circuit breaker to the upside, but the stock is now down by 21.2%.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:47 pm

IMAC

Trading of IMAC Holdings shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:46 pm

SQ

A significant bearish stance has been taken on Block (NYSE:SQ) as indicated by unusual options activity. The overall sentiment of these big-money traders is 80% bearish and 20% bullish. The price of SQ is down -0.5% at $55.76. JP Morgan maintains an Overweight rating on Block with a price target of $75, while RBC Capital, Wedbush, and UBS have downgraded their actions with price targets of $90, $70, and $65 respectively.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 1:46 pm

ACI

KR

SFBQF

Kroger Co (KR) and Albertsons Companies Inc (ACI) have agreed to sell select stores, distribution centers, offices, and private label brands to C&S Wholesale Grocers for $1.9 billion as part of their proposed merger. The deal, reportedly backed by SoftBank Corp (SFBQF), includes the sale of 413 stores, 8 distribution centers, 2 offices, and 5 private label brands across 17 states and the District of Columbia. The merger is expected to close in early 2024.

Portfolio Pulse from Akanksha Bakshi

September 08, 2023 | 1:45 pm

TCOA

Shares of Zalatoris Acquisition Corp. have been halted due to pending news. The nature of the news is not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:41 pm