Streetbeat News

Stock Prices

BFLY

CTM

HYFM

STIM

Executives from Butterfly Network, Hydrofarm Holdings Group, Neuronetics, and Castellum have been buying shares of their respective companies, indicating potential confidence in their prospects. These insider transactions could be a factor for investors considering penny stocks.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 10:54 am

Permian Resources has updated its shareholder return policy by authorizing a new $1 billion share repurchase program, replacing the previous $500 million program.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 10:54 am

HAP

PWER

SHEL

Shell plc (NYSE:SHEL) shares are trading lower premarket after announcing a 10-year LNG supply agreement with Turkey's BOTAŞ. The deal will supply up to 4 billion cubic meters of LNG annually starting in 2027, aiding Turkey's gas diversification. Shell aims to expand its LNG capacity by 20-30% by 2030. Shell shares have gained 16% over the past year, and investors can access the stock via ETFs like Macquarie Energy Transition ETF (NYSE:PWER) and VanEck Natural Resources ETF (NYSE:HAP).

Portfolio Pulse from Lekha Gupta

September 03, 2024 | 10:53 am

AUMN

Golden Minerals is planning to sell its El Quevar silver project to address liquidity challenges and realign its strategic focus.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 10:52 am

NVDA

QQQ

SPY

Wall Street is expected to open lower due to risk-off sentiment and a spike in the VIX. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) are down in premarket trading. Nvidia's earnings impacted the market negatively last week. Unity Software rose on an analyst upgrade, while U.S. Steel fell after political comments. Upcoming economic data and Fed decisions are key focuses.

Portfolio Pulse from Shanthi Rexaline

September 03, 2024 | 10:50 am

MSFT

NVDA

The article discusses the impact of AI on jobs, highlighting Alorica's use of AI translation tools to boost productivity without cutting jobs. Prominent tech leaders like Bill Gates, Elon Musk, and Sam Altman have varying views on AI's role in the workforce. Companies like Microsoft and Nvidia are advancing AI technologies, with Nvidia providing full-stack AI solutions.

Portfolio Pulse from Benzinga Neuro

September 03, 2024 | 10:43 am

RIVN

TSLA

VWAGY

Elon Musk questions Volkswagen's ability to fund a $5B investment in Rivian amid reports of potential factory closures in Germany. The joint venture aims to develop next-gen EV platforms, with Rivian planning to use the funds to ramp up production.

Portfolio Pulse from Anan Ashraf

September 03, 2024 | 10:35 am

COMM

IDGT

NOK

SIXG

Nokia has partnered with CommScope's RUCKUS Networks to develop integrated fiber and Wi-Fi solutions for various industries. This collaboration aims to enhance connectivity and reduce costs. Nokia's shares are trading lower premarket.

Portfolio Pulse from Lekha Gupta

September 03, 2024 | 10:17 am

Boeing faces a potential strike by 32,000 workers as their contract nears expiration, causing a pre-market dip in shares. The strike could exacerbate Boeing's existing challenges, including safety issues and financial struggles.

Portfolio Pulse from Benzinga Neuro

September 03, 2024 | 9:58 am

AVGO

MRVL

Nancy Pelosi's purchase of Broadcom call options has drawn attention as the stock shows signs of a bullish breakout. Broadcom's technical chart suggests a potential bullish reversal, and the company is set to announce its third-quarter results soon. Analysts are optimistic about Broadcom's performance, especially given its AI exposure.

Portfolio Pulse from Shanthi Rexaline

September 03, 2024 | 9:24 am