Streetbeat News

Stock Prices

DV

DoubleVerify has announced the pricing of a 12.5 million share secondary offering by selling stockholders at $32.65 per share.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 5:56 am

HTGC

Hercules Capital has increased its public offering to 6.5 million shares of common stock.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 5:48 am

MS

Morgan Stanley's Chief Investment Officer, Mike Wilson, warns of an impending earnings recession due to declining inflation. He attributes this to the boom-bust cycle caused by expansive fiscal policy during the pandemic and tight monetary policy over the past year. Despite these warnings, investors continue to invest in stocks due to cooling inflation and a strong economy. Wilson's team also highlighted the risks if fiscal spending is reduced due to political or funding challenges.

Portfolio Pulse from Benzinga Neuro

August 08, 2023 | 5:09 am

GOL

GOL Linhas Aereas Inteligentes S.A. has released its preliminary air traffic figures for July 2023. The report shows a year-on-year increase in total supply (ASK) by 3.3%, total seats by 10.4%, and total demand (RPK) by 6.5%. The load factor was reported at 83.4%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 5:05 am

BBJP

DXJ

EWJ

Japan's household spending for June increased by 0.9% month-on-month, beating the estimate of 0.3% but down from the prior -1.1%. Year-on-year, household spending for June decreased by 4.2%, slightly worse than the estimated -4.1% and the prior -4%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:55 am

FXI

China's trade balance for July was reported at $80.60 billion, significantly higher than the estimated $67.80 billion and the prior figure of $70.62 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:51 am

FXI

China's year-over-year imports for July have decreased by 12.4%, which is significantly lower than the estimated 5.6% and the prior 6.8%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:51 am

FXI

The year-on-year exports for July have declined by 14.5%, which is worse than the estimated decline of 9.8%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:17 am

TSLA

Elon Musk, CEO of Tesla, stated that the company's vehicles have a 'mind' of their own, indicating progress in artificial general intelligence. Musk's comments were in response to a fan's post about driving around San Francisco with Tesla's full self-driving (FSD) feature enabled. Musk has been promising self-driving capabilities since 2016 and recently hinted that FSD version 12 would no longer be in beta mode.

Portfolio Pulse from Anan Ashraf

August 08, 2023 | 3:05 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies traded mixed on Monday with the global cryptocurrency market cap declining 0.3% to $1.2 trillion. Bitcoin was marginally higher, Ethereum was down, and Dogecoin was down 2.27%. Analysts are awaiting the Consumer Price Inflation report due on August 13 for further market direction. Cryptocurrency trader Michaël van de Poppe suggested that it's a time to accumulate more if possible. Chainlink whales have purchased 14 million LINK over the past week, worth over $100 million.

Portfolio Pulse from Shivdeep Dhaliwal

August 08, 2023 | 2:51 am