Streetbeat News

Stock Prices

SRAD

Sportradar Gr (NASDAQ:SRAD) has received mixed ratings from analysts in the last quarter, with 2 bullish, 3 indifferent, and 1 somewhat bearish. The average price target is $12.83, slightly above the current price of $12.64. The average price target has increased by 6.92% over the past month.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 2:00 pm

TSLA

VWAGY

WKSP

Tesla's CFO stepped down, leading to a fourth consecutive day of losses for the company. Worksport announced its participation in the H.C. Wainwright 25th Annual Global Investment Conference and its collaboration with Hyundai on a solar-powered technology for the 2024 Santa Cruz pickup. Ford postponed the production launch of its EV, the Explorer, which will be built on a Volkswagen platform. Li Auto reported a 209% increase in revenue and plans to introduce its first all-electric model by the end of the year. Volkswagen outsold Tesla in Germany in July.

Portfolio Pulse from Upwallstreet

August 10, 2023 | 1:55 pm

AMRS

CPRI

EDBL

GRTX

ORGN

US stocks traded higher following the release of inflation data. The Dow, NASDAQ, and S&P 500 all rose. Edible Garden AG (EDBL), Capri Holdings Limited (CPRI), and WeWork Inc. (WE) saw significant increases in their share prices. However, Galera Therapeutics, Inc. (GRTX), Amyris, Inc. (AMRS), and Origin Materials, Inc. (ORGN) experienced significant drops. The US inflation rate rose to 3.2% in July from 3% in June.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 1:55 pm

AAP

BABA

CARD

CPI

DIS

NVDA

PLTR

QQQ

TSLA

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:52 pm

Ralph Lauren Corp reported Q1 FY24 sales growth of 0.4% year-on-year to $1.50 billion, beating the analyst consensus of $1.48 billion. The company reiterated its FY24 outlook for revenues to increase approximately low-single digits on a constant currency basis. However, RL shares are trading lower by 1.37% at $126.72.

Portfolio Pulse from Shivani Kumaresan

August 10, 2023 | 1:51 pm

ATNF

180 Life Sciences Corp (NASDAQ:ATNF) announced a $3 million public offering, causing its shares to drop by 18.3% to $0.69. The offering includes 4,615,385 common stock shares and accompanying warrants priced at $0.65 per share, exercisable until October 10, 2028. The proceeds will be used for research, development, general corporate purposes, and legal expenses.

Portfolio Pulse from Henry Khederian

August 10, 2023 | 1:50 pm

TSLA

A significant amount of unusual options activity has been detected for Tesla (NASDAQ:TSLA), with a bearish stance being taken by a majority of investors. Of the spotted trades, 56% were bearish and 43% bullish. The targeted price range for Tesla over the last 3 months has been between $227.5 and $275.0. Several financial institutions have downgraded their ratings on Tesla, with price targets ranging from $250 to $330.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 1:46 pm

GRTX

Galera Therapeutics Inc's (NASDAQ:GRTX) New Drug Application for avasopasem manganese was rejected by the FDA, citing the need for another clinical study. In response, Galera is seeking a meeting with the FDA and considering partnership options for the drug's continued development. The company is also restructuring, reducing its staff by 70% to extend its financial lifespan. Galera's shares are down 83.40% at $0.37.

Portfolio Pulse from Vandana Singh

August 10, 2023 | 1:45 pm

DIA

IWM

QQQ

SPY

Major indexes have risen following the release of softer-than-expected July Consumer Price Index (CPI) data.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:45 pm

Traders are circulating a rumor of an activist note from Gordon Haskett regarding Western Union.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:40 pm