Streetbeat News

Stock Prices

TGT

TD Cowen analyst Oliver Chen has maintained an 'Outperform' rating on Target (NYSE:TGT) but lowered the price target from $165 to $161.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:39 pm

CHEK

Check-Cap and Keystone Dental have entered into a definitive Business Combination Agreement, resulting in Keystone Dental stockholders becoming majority holders. This has led to a decrease in Check-Cap's share price.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:39 pm

CRGY

LBRT

LNG

MUR

WTI

Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: Crescent Energy (CRGY), Liberty Energy (LBRT), Cheniere Energy (LNG), Murphy Oil (MUR), and W&T Offshore (WTI). All five companies have seen a decrease in earnings per share in the most recent quarter, and most have also seen a decrease in their dividend yield.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 2:39 pm

SRFM

Surf Air Mobility reported its Q2 revenue results and issued FY23 revenue guidance, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:36 pm

Hawaiian Electric Industries Inc (NYSE:HE) is facing multiple lawsuits over alleged negligence related to the Maui wildfires. The company is also in talks with restructuring firms. Its shares have fallen more than 60% since the fires. BofA Securities analyst Julien Dumoulin-Smith maintained an Underperform rating on the company and lowered the price target from $11 to $10.

Portfolio Pulse from Adam Eckert

August 17, 2023 | 2:35 pm

TSLA

Tesla CEO Elon Musk has expressed regret that Warren Buffett, CEO of Berkshire Hathaway, did not invest in Tesla when the company was worth significantly less. Musk's comments came in response to a social media post praising Buffett's investment strategies. Musk had previously stated that Charlie Munger, Buffett's business partner, had the opportunity to invest in Tesla 15 years ago when the company was valued at around $200 million. Despite recent praise for Musk from Buffett and Munger, it is unlikely that Berkshire Hathaway will invest in Tesla due to its high P/E multiple and growth stock status.

Portfolio Pulse from Shanthi Rexaline

August 17, 2023 | 2:34 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

WMT

Wall Street is blaming market mechanics for the recent stock market sell-off. The Arora Report had previously signaled a potential sell-off due to changing market mechanics. Market makers are gamma hedged for the first time in 2023, which is significant as market mechanics have contributed to two-thirds of the stock market rally this year. Consumer spending is strong, but excess savings are expected to run out by October. Earnings from Walmart are better than consensus. Money flows are positive in Tesla, NVIDIA, Alphabet, Apple, and Amazon, but negative in Microsoft and Meta Platforms. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1.

Portfolio Pulse from The Arora Report

August 17, 2023 | 2:33 pm

CRM

Salesforce (NYSE:CRM) has outperformed the market over the past 15 years, producing an average annual return of 19.66%. If an investor had bought $1000 of CRM stock 15 years ago, it would be worth $15,524.88 today.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 2:31 pm

OKE

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years, producing an average annual return of 9.68%. If an investor had bought $1000 of OKE stock 20 years ago, it would be worth $6,415.57 today.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 2:31 pm

SPY

UNG

The USA Natural Gas Storage reported a figure of 35B, slightly higher than the estimated 34B and significantly higher than the prior figure of 29B.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 2:30 pm