Streetbeat News

Stock Prices

BHG

Bright Health Gr (NYSE:BHG) has received 7 analyst ratings in the last quarter, with 1 bullish, 2 indifferent, and 4 somewhat bearish. The average 12-month price target for the company is $1891.71, a decrease of 13.08% from the previous average of $2176.50.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 1:00 pm

AMC

AMC Entertainment Holdings Inc. plans to increase its total number of authorized shares of Class A common stock from 524.2 million to 550 million. The company also intends to effect a 1-for-10 reverse split. AMC expects APEs to cease trading on August 25 and subsequently be delisted from the NYSE.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:58 pm

FTRE

Fortrea reported a year-over-year decrease in Q2 adjusted EPS and sales results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:57 pm

Hawaiian Electric's stock has been downgraded by Wells Fargo, which maintained an Underweight rating and lowered its price target from $35 to $25. This has led to a decrease in the trading price of Hawaiian Electric shares.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:56 pm

CHK

SBOW

Chesapeake Energy Corp (CHK) has agreed to sell its remaining Eagle Ford assets to SilverBow Resources Inc (SBOW) for $700 million. The deal includes around 42,000 net acres and about 540 wells. The total proceeds from Eagle Ford divestiture will exceed $3.5 billion. The transaction is expected to close in 2023. CHK plans to use the proceeds to boost its balance sheet and share repurchase program.

Portfolio Pulse from Lekha Gupta

August 14, 2023 | 12:55 pm

AAPL

WMT

The article covers a range of topics including retail earnings, crypto market movements, US politics, world politics, world economy, tech updates, electric vehicle news, financial risks, and industrial updates. Key highlights include Jim Cramer's advice on FAANG stocks, investor sentiment decline post July's PPI, Donald Trump's Ethereum holdings, Elizabeth Warren's push for $17 minimum wage, Apple's iPhone 15 Pro updates, Ford's collaboration with Tesla, US banks facing deposit flight threat, and US Steel's response to Cleveland-Cliffs' offer.

Portfolio Pulse from Akanksha Bakshi

August 14, 2023 | 12:51 pm

EUDA

EUDA Health Holdings Limited has received a notice from Nasdaq for non-compliance with the minimum bid price requirement of $1.00 per share for continued listing. The company has 180 days to regain compliance. If it fails to do so, it may be eligible for an additional 180-day compliance period or face delisting. The company is considering its options to regain compliance.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 12:51 pm

AAPL

AMD

AMZN

GOOGL

PLTR

SPY

TSLA

The article discusses the bearish market trends observed last week and the potential for a bullish recovery in the upcoming week. It mentions several US-listed companies and ETFs including SPY, AAPL, TSLA, GOOGL, AMD, PLTR, and AMZN. The author suggests that the bulls need to step up to reclaim the previously lost support or face more downside. The article also provides specific price levels and market structures for each mentioned asset.

Portfolio Pulse from Mando Trading

August 14, 2023 | 12:49 pm

BABA

FXI

KWEB

MCHI

Alibaba Group Holding Limited (BABA) stock is trading lower in line with Chinese ETFs IShares China Large-Cap ETF (FXI), KraneShares Trust KraneShares CSI China Internet ETF (KWEB) and IShares MSCI China ETF (MCHI). This is due to the ongoing agitation in China's broader sector amid government transparency regarding reforms to boost the economy after the intense regulatory crackdown and pandemic restrictions. Alibaba recently reported a 14% YoY revenue growth to $32.29 billion, beating the consensus of $31.20 billion. However, the company acknowledged the AI chips crisis hampering its ambitions.

Portfolio Pulse from Anusuya Lahiri

August 14, 2023 | 12:47 pm

AAPL

FXCOF

Apple Inc.'s key supplier, Foxconn Technology Co. Ltd., predicts a decline in iPhone demand in 2023, which could lead to a weak holiday season for Apple. This is due to an expected slowdown in the global smartphone industry. Apple is expected to see a 2% decline in iPhone revenue in September, the largest fall since 2016. However, Apple might offset some of this impact with an expected $100 increase in iPhone 15 Pro and iPhone 15 Pro Max prices.

Portfolio Pulse from Rounak Jain

August 14, 2023 | 12:46 pm