Streetbeat News

Stock Prices

BRQS

BTCM

EMKR

GREE

LITE

MFH

MIMO

MLGO

PBTS

SMSI

VHC

ZFOX

In Tuesday's after-market session, several Information Technology stocks saw significant movement. EMCORE (EMKR), Mercurity Fintech Holding (MFH), MicroAlgo (MLGO), Borqs Technologies (BRQS), Smith Micro Software (SMSI), and Airspan Networks Hldgs (MIMO) all saw gains, while ZeroFox Holdings (ZFOX), Powerbridge Technologies (PBTS), Greenidge Generation Hldg (GREE), Lumentum Holdings (LITE), BIT Mining (BTCM), and VirnetX Holding (VHC) experienced losses.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:31 pm

GOOGL

Alphabet (NASDAQ:GOOGL) has outperformed the market over the past 5 years by 6.87% on an annualized basis, producing an average annual return of 15.49%. If an investor had bought $1000 of GOOGL stock 5 years ago, it would be worth $2,087.41 today.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:30 pm

META

Meta Platforms (NASDAQ:META) has outperformed the market over the past 10 years, producing an average annual return of 21.92%. If an investor had bought $1000 of META stock 10 years ago, it would be worth $6,956.94 today.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:30 pm

CHOOF

EVIO

HERTF

RDDTF

RWBYF

TBPMF

The article lists the marijuana stocks that gained and lost on August 22, 2023. The biggest gainers were Red White & Bloom Brands (OTC:RWBYF), Radient Technologies (OTC:RDDTF), and Heritage Cannabis Holding (OTC:HERTF). The biggest losers were EVIO (OTC:EVIO), Choom Holdings (OTC:CHOOF), and Tetra Bio Pharma (OTC:TBPMF).

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:30 pm

AAWH

CURLF

MJUS

PSDN

Morgan Paxhia, co-founder and managing partner of Poseidon Investment Management, revealed the unwinding of the AdvisorShares Poseidon Dynamic Cannabis ETF (NYSE:PSDN). The firm has sold almost all its holdings, including Ascend Wellness Holdings Inc (OTCQX: AAWH). Paxhia also discussed the impact of the ETFMG US Alternative Harvest ETF (NYSE:MJUS) rebalance, citing it as a source of market pressure. He highlighted the significant impact of the rebalance on Curaleaf Holdings Inc (OTCQX: CURLF).

Portfolio Pulse from Joana Scopel

August 22, 2023 | 9:23 pm

GBIL

IWY

JNK

SPIB

A screening of mid-cap ETFs revealed that Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) and SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) added $386.54 million and $203.08 million in AUM respectively over the week. On the other hand, SPDR Bloomberg High Yield Bond ETF (JNK) and iShares Russell Top 200 Growth ETF (IWY) lost $984.16 million and $710.36 million in AUM respectively.

Portfolio Pulse from Johnny Rice

August 22, 2023 | 9:21 pm

AMJ

AMLP

ITB

KWEB

Mid-cap ETFs have shown varied performance with J.P. Morgan Alerian MLP Index ETN (AMJ) and Alerian MLP ETF (AMLP) showing positive returns, while KraneShares CSI China Internet ETF (KWEB) and iShares U.S. Home Construction ETF (ITB) have declined. AMJ and AMLP, both focused on the energy MLP sector, are up 11.08% and 14.25% YTD respectively. KWEB, offering exposure to Chinese IT stocks, is down 10.73% YTD. ITB, which invests in the US homebuilding industry, is up 36.97% YTD but down 5.80% over the trailing week.

Portfolio Pulse from Johnny Rice

August 22, 2023 | 9:20 pm

DOGEUSD

TSLA

The article discusses the impact of Tesla CEO Elon Musk's tweets on the price of Dogecoin (CRYPTO: DOGE). Musk's first mention of Dogecoin was in 2019 and his tweets have often led to price spikes. A $1,000 investment in Dogecoin on Dec. 20, 2020, when Musk tweeted 'One Word: Doge,' would be worth $13,129.54 today, a 1,213.0% increase. The article also mentions that Musk's purchase of Twitter, now known as X, served as a potential catalyst for Dogecoin.

Portfolio Pulse from Chris Katje

August 22, 2023 | 9:13 pm

KRTX

10 analysts have provided ratings for Karuna Therapeutics (NASDAQ:KRTX) in the last quarter, with 3 being bullish, 6 somewhat bullish, and 1 indifferent. The average price target is $266.0, compared to the current price of $174.61, implying an upside. The average has increased by 0.09% from the previous average price target of $265.75.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:00 pm

TRIP

TripAdvisor (NASDAQ:TRIP) has received mixed analyst ratings in the last quarter, with 1 bullish, 6 indifferent, and 2 somewhat bearish. The average price target is $18.11, implying an upside from the current price of $15.24. This average has decreased by 3.21% from the previous average price target of $18.71.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 9:00 pm