Streetbeat News

Stock Prices

RIVN

TSLA

Rivian Automotive's (NASDAQ:RIVN) R1T electric vehicle was spotted near Hyundai's research and development facility in South Korea, sparking speculation about Hyundai's plans to develop its own electric truck. This follows Hyundai's release of its next-generation EV platform in June, which aims to support 13 new electric vehicle models. While Hyundai's plans remain unclear, Kia has already announced its intention to add two electric trucks to its lineup by 2027.

Portfolio Pulse from Benzinga Neuro

August 12, 2023 | 12:08 pm

RIVN

TSLA

Tesla's Cybertruck design has been criticized by fans as the vehicle nears its launch, particularly for its interior and the size of its front storage space. Despite the criticism, industry experts believe the Cybertruck has the potential to disrupt the truck market due to its unique design and the 'Tesla factor'. The Cybertruck is being compared to other electric trucks such as Rivian's R1T and Ford's F-150 Lightning.

Portfolio Pulse from Benzinga Neuro

August 12, 2023 | 8:51 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) shares have surged 180% this year, pushing its market value beyond $1 trillion and its price-to-earnings ratio to 220. The surge is attributed to Nvidia's leading role in the development of AI chips and software, with its H100 chips being bought in large quantities by major players like Microsoft and OpenAI. Despite high growth assumptions, analysts expect Nvidia to report a quarterly revenue of $11.08 billion, a 65% increase from the previous year.

Portfolio Pulse from Benzinga Neuro

August 12, 2023 | 2:32 am

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), mocked short-sellers as an anti-Tesla ETF, known for its 'NOPE' branding, shut down due to significant losses. The fund, managed by George Noble, experienced a 69% decline in value within a year, while the S&P 500 rose over 20%. The fund had short positions on Tesla and other companies like Coinbase Global, DraftKings, Roku, and ARK Innovation ETF.

Portfolio Pulse from Ananya Gairola

August 12, 2023 | 2:24 am

BODY

FUV

GMBL

GNS

HLLY

ISPO

KAVL

KXIN

MICS

TAST

TUP

YOSH

Several consumer discretionary stocks experienced significant movement in Friday's after-market session. Yoshiharu Global, Inspirato, Beachbody Co, Kaixin Auto Hldgs, Arcimoto, and Carrols Restaurant Group saw gains, while Genius Gr, Tupperware Brands, Singing Machine Co, Esports Entertainment, Holley, and Kaival Brands Innovations experienced losses.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:32 pm

AIM

AVAH

BXRX

CPHI

NCNA

NMRD

PHXM

SABS

STIM

SYBX

SYRS

VRAX

Several healthcare stocks experienced significant movement in Friday's after-market session. Gainers included NuCana (NCNA), Neuronetics (STIM), AIM ImmunoTech (AIM), Baudax Bio (BXRX), Nemaura Medical (NMRD), and Virax Biolabs Group (VRAX). Losers included PHAXIAM Therapeutics (PHXM), Synlogic (SYBX), Aveanna Healthcare Hldgs (AVAH), Syros Pharmaceuticals (SYRS), China Pharma Holding (CPHI), and SAB Biotherapeutics (SABS).

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:32 pm

ENS

PTRA

SPIR

TORO

Several industrial stocks experienced significant movement in Friday's after-market session. Gainers included Spire Global, Proterra, SOS, Recruiter.Com Group, EnerSys, and Addentax Group. Losers included WANG & LEE Group, Singularity Future Tech, Gaucho Group Holdings, Momentus, TOMI Environmental Solns, and Toro. Several companies had recently released their Q2 earnings.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:32 pm

ALPP

BLIN

SPI

Several information technology stocks experienced significant movement in Friday's after-market session. SPI Energy, Alpine 4 Holdings, BIO-key Intl, Tuya, Cepton, and Mawson Infra Gr saw gains, while Bridgeline Digital, GSE Systems, Airspan Networks Hldgs, MicroCloud Hologram, Rackspace Tech, and Actelis Networks experienced losses. Several companies released their Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:31 pm

DHR

Over the past 10 years, Danaher (NYSE:DHR) has outperformed the market by 7.26% on an annualized basis, producing an average annual return of 17.62%. If an investor had bought $1000 of DHR stock 10 years ago, it would be worth $5,054.79 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:30 pm

VEEV

Veeva Systems (NYSE:VEEV) has outperformed the market over the past 5 years, producing an average annual return of 17.96%. An investment of $100 in VEEV stock 5 years ago would be worth $231.97 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:30 pm