Streetbeat News

Stock Prices

AEO

BRC

CNM

GME

The CNN Money Fear and Greed index showed improvement in overall sentiment among U.S. investors on Tuesday, despite U.S. stocks settling mostly lower. Brady Corporation (BRC) shares gained over 11% after reporting better-than-expected Q4 results. Investors are awaiting earnings results from Core & Main, Inc. (CNM), American Eagle Outfitters, Inc. (AEO) and GameStop Corp. (GME).

Portfolio Pulse from Lisa Levin

September 06, 2023 | 7:17 am

VRNT

Verint Systems Inc. (NASDAQ:VRNT) is expected to report Q2 financial results after the closing bell on Sept. 6, 2023. Analysts predict earnings of 57 cents per share, up from 56 cents per share a year ago, and revenue of $225.1 million, compared to $222.9 million in the year-ago period. Verint Systems shares fell 2.2% to close at $31.08 on Tuesday. Analysts from Needham, Oppenheimer, and Wedbush have recently reiterated Buy and Outperform ratings, with price targets ranging from $44 to $50.

Portfolio Pulse from Lisa Levin

September 06, 2023 | 7:07 am

TSLA

Analyst Gordon Johnson from GLJ Research predicts a potential downside for Tesla, Inc. (NASDAQ:TSLA) due to its 'margin-destroying' price cuts in China and Europe not producing the intended effect. Despite the price cuts, Tesla is expected to report a quarter-over-quarter decline in volume in Q3. Johnson also expects a downward revision to consensus estimates due to the ongoing price cuts. Tesla's stock ended Tuesday's session at $256.49, still way off its pre-earnings level of $291.26.

Portfolio Pulse from Shanthi Rexaline

September 06, 2023 | 6:47 am

VEON

VEON has issued a letter from its CEO assuring investors that the trading of its shares will continue unhindered. The company has also extended its support to its investors.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 6:45 am

NAK

Northern Dynasty's Pebble Project has received a positive assessment, indicating strong economic prospects and benefits for Alaska. This could potentially boost the company's stock in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 6:20 am

EWG

VGK

Germany's factory orders for July have significantly dropped by 11.7%, compared to the estimated 4% and the revised prior of 7.6%.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 6:01 am

DOGEUSD

FLOKIUSD

PEPEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a 3% surge in the last 24 hours, outperforming other notable cryptocurrencies such as Dogecoin (CRYPTO: DOGE), Pepe Coin (CRYPTO: PEPE), and Floki (CRYPTO: FLOKI). Large holders of Shiba Inu have acquired over $100 million worth of SHIB tokens in the past week. The SHIB burn rate has increased by 730% in the last 24 hours, with 77 million SHIB tokens removed from circulation. The Shiba Inu layer-2 network Shibarium has crossed the one million active wallets mark.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 5:48 am

BKR

TELL

Tellurian Inc. (TELL) and Baker Hughes Co. (BKR) have entered into an agreement for the provision of liquefaction equipment for Phase 1 of the Driftwood LNG project. The deal is expected to boost Tellurian's production capacity and Baker Hughes' equipment sales.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 5:47 am

COIN

ETHUSD

Coinbase Global Inc-backed Ethereum Layer-2 network, Base, experienced a significant outage that lasted for an hour. The issue, known as a 'Base chain stall', was promptly identified and fixed. Despite the immediate resolution, an ongoing problem with remote procedure calls delayed the all-clear report by 90 minutes. Base has seen remarkable growth since its launch less than a month ago, with daily transaction volumes surpassing its Ethereum foundation. The recent technical glitch prompted comparisons with other blockchain solutions and their relative stability.

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 5:01 am

DOGEUSD

Dogecoin (CRYPTO: DOGE) surged by 3% amid anticipation of the upcoming biography of Tesla CEO Elon Musk, which reportedly reveals Musk's discreet financial contributions to the development of the meme coin. The book, authored by Walter Isaacson, is set to be published on September 12. It also discusses Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, and his unsuccessful attempt to secure a role as part of the investors for Twitter’s (now X) acquisition.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 3:56 am