Streetbeat News

Stock Prices

COIN

ETHUSD

SHIBUSD

The anonymous creator of the Bald token has moved approximately $12 million in Ether back to the Ethereum blockchain from the Base network. The developer also deposited 2,100 Ether into the Kraken cryptocurrency exchange. This is the first instance where more funds were moved out of the Base network than were introduced. The token's value had surged by 4,000,000% in just a few days but plummeted by 90% after the developer withdrew a significant amount of liquidity.

Portfolio Pulse from Murtuza Merchant

August 14, 2023 | 3:05 pm

CLF

MNDY

MU

TMC

X

Several US stocks recorded gains on Monday, with TMC the metals company Inc., United States Steel Corporation, SoundHound AI, Inc., Consolidated Water Co. Ltd., Summit Therapeutics Inc., monday.com Ltd., AMC Entertainment Hldg Pref Equity Units, Karat Packaging Inc., Archer Aviation Inc., FiscalNote Holdings, Inc., DMC Global Inc., Algoma Steel Group Inc., 2U, Inc., Applied Optoelectronics, Inc., Cleveland-Cliffs Inc., and Micron Technology, Inc. all seeing significant increases. Notably, United States Steel rejected a buyout offer from Cleveland-Cliffs but welcomed them to participate in a formal review process.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 3:04 pm

MOND

Mondee Holdings Inc (NASDAQ:MOND) has acquired Skypass Travel Inc for approximately $15 million in cash and stock. The acquisition is expected to support Mondee's expansion and diversification efforts, particularly in serving international corporations and small and midsize businesses. Mondee plans to use its AI-Powered Travel Marketplace and technology to enhance services and generate additional revenue. Skypass had a gross revenue of $45 million and adjusted EBITDA of $4 million in 2022.

Portfolio Pulse from Shivani Kumaresan

August 14, 2023 | 3:04 pm

HUYA

HUYA is set to release its latest quarterly earnings report on August 15, 2023. Analysts estimate an earnings per share (EPS) of $0.02. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. Shares of HUYA were trading at $2.77 as of August 11, and over the last 52-week period, shares are down 22.3%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:02 pm

JKHY

Jack Henry & Associates (NASDAQ:JKHY) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $1.18. The company's past performance shows a trend of share price drops following earnings reports. The stock is currently trading at $171.7, down 18.45% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:02 pm

ECC

Eagle Point Credit Co (NYSE:ECC) is set to release its latest quarterly earnings report on August 15, 2023. Analysts estimate an earnings per share (EPS) of $0.37. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $10.36 and have seen a 12.84% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:02 pm

MOND

Mondee Hldgs (NASDAQ:MOND) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $-0.10. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $6.96, down 38.47% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:01 pm

NFLX

A significant amount of unusual options activity has been observed for Netflix (NASDAQ:NFLX), with a mix of bullish and bearish stances. The trades indicate a targeted price range of $405.0 to $495.0 for Netflix over the last 3 months. The current price of NFLX is up 1.21% at $426.76. Analysts from Canaccord Genuity, Pivotal Research, Piper Sandler, JP Morgan, and Morgan Stanley have maintained their ratings on Netflix, with price targets ranging from $440 to $600.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:01 pm

PSFE

Paysafe (NYSE:PSFE) is set to release its latest quarterly earnings report on Tuesday, 2023-08-15. Analysts estimate an earnings per share (EPS) of $0.13. Last quarter, the company beat EPS by $0.55, which was followed by a 5.98% drop in the share price. Over the last 52-week period, shares are down 56.27%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:01 pm

CMG

A significant amount of unusual options activity has been detected for Chipotle Mexican Grill (NYSE:CMG), with a bearish stance being taken by a majority of investors. Of the 11 strange trades detected, 45% were bullish and 54% were bearish. The total amount for puts was $365,090 and for calls was $292,422. The price range targeted by whales over the last 3 months is from $1020.0 to $2080.0. The current price of CMG is up 1.22% at $1869.04. Analysts from various firms have maintained their ratings on CMG, with price targets ranging from $1950 to $2300.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:01 pm