Streetbeat News

Stock Prices

RS

Reliance (NYSE:RS) has significantly outperformed the market over the past 20 years, with an annualized return of 14.2%. A $100 investment in RS 20 years ago would now be worth $1,451.91, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 2:30 pm

AMT

American Tower (NYSE:AMT) has significantly outperformed the market over the past 20 years, with an average annual return of 14.61%. A $100 investment in AMT 20 years ago would be worth $1,568.65 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 2:30 pm

NVO

SKYE

Skye Bioscience shares are trading higher, potentially in sympathy with Novo Nordisk's positive Phase 2a data announcement for Monlunabant and confidence in its Nimacimab development plan.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:29 pm

SPY

Federal Reserve's Goolsbee highlights a 0.7% increase in unemployment as a potential recession indicator, despite strong GDP, consumer spending, and wage growth. Rising delinquencies also signal caution.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:28 pm

SPY

Federal Reserve's Goolsbee stated that the 'golden path' of reducing inflation without causing a recession was achieved last year. This suggests a positive economic outlook, which could influence market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:24 pm

DWAC

Trump Media & Technology shares are declining, potentially due to the expiration of a lockup period that restricts major shareholders, including Donald Trump, from selling their stocks. Additionally, Trump has declined a second debate with Vice President Harris.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:23 pm

BNO

USO

Oil prices are rising due to increased tensions between Israel and Hezbollah in Lebanon, leading to supply uncertainty.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:19 pm

KAVL

Kaival Brands Innovations Group has resumed trading of its shares. This development is significant for investors as it may impact the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:17 pm

NVO

Financial giants are showing a bullish sentiment towards Novo Nordisk (NYSE:NVO) with 70% of options traders being bullish. The stock is currently trading at $123.26, down by 3.33%, and analysts have set an average target price of $160.0. The options market indicates a focus on a price range between $120.0 and $175.0.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 2:16 pm

EIS

ISRA

USO

Hezbollah has claimed responsibility for targeting a military base in northern Israel with dozens of missiles, according to a statement cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:16 pm