Streetbeat News

Stock Prices

NVVE

Nuvve Holding Corp. has executed a 1-for-10 reverse stock split to regain compliance with Nasdaq's Bid Price Rule. The company has 652,727 shares outstanding and advises shareholders to protect their shares against market manipulation.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 6:41 am

RITM

Rithm Capital Corp. has raised $342.9 million through a secondary stock offering of 30 million shares. The offering is expected to close on September 26, 2024, and the proceeds will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 6:39 am

Coca-Cola is discontinuing its Spiced flavor after just six months due to poor sales, as part of a strategy to adapt to changing consumer preferences. Despite this, Coca-Cola continues to show strong financial performance, with a 3% year-on-year sales growth and raised forecasts for 2024.

Portfolio Pulse from Benzinga Neuro

September 25, 2024 | 6:31 am

LIVR

META

NVDA

PDD

TSM

The Intelligent Livermore ETF (NASDAQ:LIVR), launched by Intelligent Alpha, uses AI to mimic investment strategies of prominent investors. It focuses on AI, Latin American and Asian equities, renewables, energy, and defensive stocks. LIVR has outperformed major ETFs like QQQ and SPY in its first week, gaining 4.1%.

Portfolio Pulse from Shanthi Rexaline

September 25, 2024 | 6:23 am

AZO

CTAS

JEF

NVDA

THO

The S&P 500 reached a new record high, driven by a surge in NVIDIA shares. Thor Industries reported strong earnings, while AutoZone's earnings disappointed. The Fear & Greed Index remains in the 'Greed' zone, indicating positive market sentiment. Investors are awaiting earnings from Cintas, Jefferies Financial Group, and Micron Technology.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 6:20 am

CTAS

JEF

PRGS

WOR

Cintas, Micron Technology, Progress Software, Worthington Enterprises, and Jefferies Financial Group are in focus as U.S. stock futures trade lower. Cintas and Jefferies are set to report earnings, while Progress Software raised its FY24 outlook. Worthington reported weaker-than-expected results.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 6:15 am

ETH

SOL

Solana-based memecoins like Popcat and Dogwifhat have seen massive gains in 2024, outperforming Ethereum-based counterparts like Shiba Inu and Floki. Solana's native token, SOL, also rose 3.51% amid the memecoin frenzy.

Portfolio Pulse from Aniket Verma

September 25, 2024 | 5:09 am

AAPL

Apple's iPhone 16 Pro Max ranks fourth globally in camera performance according to DxOMark, excelling in video capabilities but facing competition from Huawei and others. Mixed reviews and shorter lead times raise concerns about demand.

Portfolio Pulse from Ananya Gairola

September 25, 2024 | 4:35 am

BAC

BRK

Warren Buffett's Berkshire Hathaway has reduced its holdings in Bank of America by $863 million, bringing its stake closer to a 10% regulatory threshold. Despite the sale, Berkshire remains the largest shareholder with a $32.1 billion stake. Bank of America is expanding its retail banking presence with plans to open over 165 new financial centers by 2026.

Portfolio Pulse from Kaustubh Bagalkote

September 25, 2024 | 3:22 am

NVDA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin surged, mirroring a rally in Nvidia-powered stocks. Bitcoin reached highs not seen since August, while Ethereum awaits a breakout. Nvidia's stock rose nearly 4% after CEO Jensen Huang sold shares. An analyst predicts a 'crypto bubble' in Q4 2024.

Portfolio Pulse from Aniket Verma

September 25, 2024 | 2:51 am