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Stock Prices

ICPUSD

Internet Computer's (CRYPTO: ICP) price has decreased by 4.22% over the past 24 hours to $12.5, continuing a downward trend from the past week. The trading volume for ICP has decreased by 53.0%, and the circulating supply has slightly decreased by 0.08%. The current market cap ranking for ICP is #18, valued at $5.70 billion.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 7:00 pm

SPY

Ray Dalio, founder of Bridgewater Associates, expressed concerns about the potential impact of the 2024 presidential election on the markets, regardless of whether Joe Biden or Donald Trump wins. He highlighted the risks associated with Biden's age and the possibility of a power shift to Vice President Kamala Harris, as well as the divisiveness of Trump as a far-right candidate. Dalio emphasized the importance of building a 'neutral' portfolio in the current market environment, which he described as neither super attractive nor super unattractive. The SPDR S&P 500 ETF (SPY) was down 0.49% at the time of publication.

Portfolio Pulse from Adam Eckert

January 16, 2024 | 6:54 pm

NET

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Cloudflare (NYSE:NET) and increased the price target from $80 to $90.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:53 pm

RENT

Rent The Runway's stock (RENT) is trading lower following a downgrade by Wells Fargo from Overweight to Equal-Weight, with a new price target set at $0.6.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:49 pm

NEE

NextEra Energy Inc. (NYSE:NEE) saw a slight decrease in its stock price by 0.31% in the current session, trading at $60.85. Over the past month and year, the stock has decreased by 0.69% and 27.03%, respectively. The company's P/E ratio is lower than the Electric Utilities industry average, which could suggest either undervaluation or weaker growth prospects.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 6:45 pm

JBLU

SAVE

JetBlue Airways has expressed disagreement with a court ruling that blocks its proposed merger with Spirit Airlines. The airline is currently evaluating its options for the next steps following the court's decision.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:45 pm

BXP

Truist Securities analyst Barry Jonas has maintained a Hold rating on Boston Properties (NYSE:BXP) but reduced the price target from $79 to $77.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:43 pm

TEAM

Truist Securities analyst Joel Fishbein has maintained a Hold rating on Atlassian (NASDAQ:TEAM) and increased the price target from $180 to $220.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:38 pm

ADC

Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Agree Realty (NYSE:ADC) and increased the price target from $62 to $70.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:36 pm

SPY

USO

The U.S. Energy Information Administration (EIA) reported that oil production from U.S. shale regions is expected to decrease by approximately 900 barrels per day in February, reaching 9.68 million barrels per day. This decline is a slight increase from the 600 barrels per day fall observed in January, according to Reuters citing EIA data.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:34 pm