Streetbeat News

Stock Prices

GOOG

GOOGL

MAR

NKE

Perplexity AI, backed by Jeff Bezos, is developing a new ad model to challenge Google's dominance in the digital ads industry. The startup is in talks with Nike and Marriott to launch a 'sponsored' question system by year-end, offering a cheaper alternative to Google's ad pricing.

Portfolio Pulse from Ananya Gairola

September 23, 2024 | 1:33 am

ASND

BHC

BLCO

EWTX

GDS

NUVL

POWL

Bausch & Lomb and Edgewise Therapeutics were among the top mid-cap stock gainers last week, driven by positive trial data and potential sales. The Federal Reserve's interest rate cut also boosted stocks in various sectors.

Portfolio Pulse from Lekha Gupta

September 22, 2024 | 9:34 pm

AJG

BMRN

BNTX

CHWY

FDX

KSPI

MUSA

NVO

RIVN

SMMT

Several large-cap stocks experienced significant declines last week. Notable losers include Summit Therapeutics, Kaspi.kz, BioMarin Pharmaceutical, Rivian Automotive, FedEx, BioNTech, Arthur J. Gallagher, Chewy, Novo Nordisk, and Murphy USA. Factors such as financial results, analyst reports, and competitive pressures contributed to these declines.

Portfolio Pulse from Lekha Gupta

September 22, 2024 | 9:04 pm

CART

CEG

CRWD

CVNA

DUOL

JHX

MBLY

SYM

TPL

VST

The Federal Reserve's decision to cut interest rates by 50 basis points led to significant gains in large-cap stocks across various sectors. Constellation Energy, Vistra Inc., and Carvana were among the top performers, with notable stock price increases due to strategic agreements and analyst upgrades.

Portfolio Pulse from Lekha Gupta

September 22, 2024 | 8:43 pm

AAPL

BIDU

Apple's iPhone 16 launch shows strong demand, with Wedbush analyst Daniel Ives maintaining an Outperform rating and a $300 price target for Apple. The analyst predicts a robust upgrade cycle and significant sales in China, potentially driving Apple to a $4 trillion market cap by 2025.

Portfolio Pulse from Shanthi Rexaline

September 22, 2024 | 7:45 pm

AAPL

MSFT

NVDA

SONY

The article covers various developments in the tech industry, including Apple's price increase for battery replacements and lower-than-expected demand for new iPhone models, challenges faced by China in competing with NVIDIA in AI chips, and Microsoft's report on Russian cyber-influence operations targeting the Harris-Walz campaign. Electronic Arts anticipates growth in its EA SPORTS division, while Sony is making changes to its PlayStation Plus service.

Portfolio Pulse from Lekha Gupta

September 22, 2024 | 4:20 pm

GME

The cryptocurrency world saw significant developments, including Trump's Bitcoin transaction, a GameStop customer's Bitcoin windfall, and Ethereum co-founder Charles Hoskinson's support for Trump over Harris in crypto matters.

Portfolio Pulse from Benzinga Neuro

September 22, 2024 | 4:20 pm

AAPL

Apple Inc. (NASDAQ:AAPL) faced mixed news this week, with lower-than-expected demand for iPhone 16 Pro models, strong sales reported by T-Mobile, EU regulatory scrutiny, and expansion plans in India. Analysts remain optimistic despite initial demand concerns.

Portfolio Pulse from Benzinga Neuro

September 22, 2024 | 4:19 pm

GTII

MRMD

PLNH

SHWZ

VEXTF

Viridian Capital Advisors highlights the importance of considering hidden debt in cannabis company valuations. Companies like Planet 13 Holdings and MariMed saw valuation increases when hidden debts were factored in, while others like Schwazze and Green Thumb Industries showed minimal changes, indicating cleaner balance sheets.

Portfolio Pulse from Nicolás Jose Rodriguez

September 22, 2024 | 4:19 pm

TSLA

Mark Cuban defended Elon Musk's controversial social media behavior, describing it as typical for the Tesla CEO. Musk's tweets have previously led to legal issues and impacted Tesla's stock. Cuban's comments highlight the ongoing debate about social media's role in corporate settings.

Portfolio Pulse from Bibhu Pattnaik

September 21, 2024 | 6:15 pm