Streetbeat News

Stock Prices

NAT

Herbjorn Hansson, the Founder, Chairman & CEO of Nordic American Tankers Ltd (NAT), has purchased 50,000 shares in NAT at a price of $4.08 per share. His total holdings now amount to 4,250,659 shares. His son, Alexander Hansson, a board member in NAT, owns 2,150,000 shares. The Hansson family remains the largest private shareholder group in the company.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 1:51 pm

GSAT

QCOM

Globalstar Inc (GSAT) has appointed Paul Jacobs, founder and CEO of XCOM Labs and former CEO of Qualcomm Inc (QCOM), as its new CEO. In addition, Globalstar has entered into a strategic perpetual licensing agreement with XCOM Labs for exclusive access to certain key technologies and personnel. The agreement will be compensated with approximately 60 million shares of Globalstar common stock. The news has led to a 23.6% increase in Globalstar's share price.

Portfolio Pulse from Adam Eckert

August 29, 2023 | 1:50 pm

GOOG

GOOGL

META

Meta Platforms, Inc (NASDAQ:META) has been unaffected by Canada's news ban, with daily active users and time spent on the app remaining stable. The company also successfully disrupted a disinformation campaign linked to Chinese law enforcement. Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) plans to intercept news from search results in Canada once the law comes into effect.

Portfolio Pulse from Anusuya Lahiri

August 29, 2023 | 1:48 pm

HKIT

Shares of Hitek Global Inc. were halted on a circuit breaker after resuming trade, with the stock now down by 31.4%.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 1:47 pm

CRM

A significant bearish stance has been taken on Salesforce (NYSE:CRM) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $180.0 to $260.0 for Salesforce over the last 3 months. Currently, the price of CRM is down -1.88% at $207.74. Analysts from Mizuho, Morgan Stanley, and Citigroup have maintained their Buy, Equal-Weight, and Neutral ratings on Salesforce respectively.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 1:46 pm

AXLA

BBY

CHSN

FLAG

ICCT

TIVC

VFS

US stocks traded mostly flat with the Dow Jones falling around 10 points. Best Buy Co Inc (BBY) posted better-than-expected results for the second quarter with sales of $9.58 billion, beating the analyst consensus estimate of $9.52 billion. Axcella Health Inc. (AXLA), Tivic Health Systems, Inc. (TIVC), and iCoreConnect Inc. (ICCT) saw significant increases in their share prices. Meanwhile, VinFast Auto Ltd. (VFS), Chanson International Holding (CHSN), and First Light Acquisition Group, Inc. (FLAG) experienced drops in their share prices.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 1:44 pm

VFS

Shares of VinFast Auto are trading lower following a recent surge in the stock's value.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 1:43 pm

AMC

AMZN

BBY

CVNA

GME

NIO

NVDA

PDD

TSLA

VFST

The article lists the top 10 stocks on WallStreetBets as of August 29, 2023. The stocks include NVDA, VFST, TSLA, AMC, GME, PDD, BBY, NIO, CVNA, and AMZN.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 1:42 pm

HKIT

Shares of Hitek Global Inc. have been halted on a circuit breaker due to a significant drop in the stock price. The stock is currently down by 21.7%.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 1:42 pm

CELU

REGN

Celularity Inc has entered into a multi-year Research Collaboration Services Agreement with Regeneron Pharmaceuticals Inc. The agreement supports the research of Regeneron's allogeneic cell therapy candidates, with an initial focus on a targeted allogeneic gamma delta chimeric antigen receptor (CAR) T-cell therapy. The research will be conducted at Celularity's facility in Florham Park, N.J. Financial terms were not disclosed.

Portfolio Pulse from Vandana Singh

August 29, 2023 | 1:41 pm