Streetbeat News

Stock Prices

BMA

Banco Marco shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:47 am

UI

Ubiquiti shares declined following the release of disappointing Q4 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:43 am

SHIBUSD

Shiba Inu's burn rate has surged by 1,198%, with significant coin burns and increased transaction activity on its Shibarium Network. The community celebrates these developments, and a trader predicts further upside potential for SHIB.

Portfolio Pulse from Khyathi Dalal

August 23, 2024 | 11:34 am

AMZN

BABA

MSFT

NVDA

PDD

Alibaba's stock rose on Friday after announcing changes to its Hong Kong listing, allowing mainland investors to trade. Despite a 4% revenue growth in Q1, Alibaba faces challenges from domestic competition and U.S. semiconductor embargoes. The stock has lost 7% over the past year, while competitors like PDD Holdings have gained significantly.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 11:34 am

AEI

CVU

NANX

Insider buying activity has been observed in three penny stocks: Nanophase Technologies, Alset Inc., and CPI Aerostructures. This insider activity may indicate confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 11:25 am

GNS

MODG

RRGB

The article highlights three oversold consumer discretionary stocks with potential for short-term gains: Topgolf Callaway Brands Corp (MODG), Red Robin Gourmet Burgers Inc (RRGB), and Genius Group Ltd (GNS). These stocks have experienced significant price declines and have RSI values indicating they are oversold.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 11:18 am

GLD

QQQ

SPY

U.S. stocks closed lower due to economic slowdown concerns, with major indexes like the Dow, S&P 500, and Nasdaq declining. Technology stocks led the fall, while financials and real estate gained. Gold hit a new all-time high, and U.S. futures showed positive movement.

Portfolio Pulse from Akanksha Bakshi

August 23, 2024 | 11:03 am

AMZN

Amazon's AI assistant, Amazon Q, has significantly improved efficiency by saving $260 million and 4,500 developer-years of work. The tool has reduced software upgrade times and enhanced security, despite initial setbacks.

Portfolio Pulse from Benzinga Neuro

August 23, 2024 | 11:03 am

OKYO

Panetta Partners, associated with OKYO's Executive Chairman Gabriele Cerrone, purchased 50,000 OKYO shares at $1.05 each, increasing Cerrone's total holding to 9.72 million shares, or 28.73% of the company's issued share capital.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:03 am

BKE

Buckle (NYSE:BKE) reported Q2 earnings per share of $0.78, missing the $0.80 estimate but beating the consensus estimate of $0.76. Sales were $282.39M, surpassing the $272.42M estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 10:57 am