Streetbeat News

Stock Prices

FIVE

Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Five Below (NASDAQ:FIVE) and increased the price target from $210 to $225.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:26 pm

NBSE

Shares of NeuBase Therapeutics were halted due to a circuit breaker after experiencing a significant drop. Despite the halt, the stock is currently up 66.6%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:25 pm

GSK

GSK's CEO acknowledged that the ongoing Zantac litigation is a significant concern for the company's stock performance. However, the CEO expressed strong confidence in GSK's legal position regarding the lawsuits.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:24 pm

GME

Wedbush analyst Michael Pachter has reiterated an Underperform rating on GameStop (NYSE:GME) and maintained a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:22 pm

AMZN

DISH

META

NVDA

The article discusses the performance of various sectors and stocks, highlighting DISH Network Corp.'s 54% revenue drop in 2023. It mentions Amazon.com Inc. (AMZN), Meta Platforms Inc. (META), and Nvidia Corp. (NVDA) as thriving stocks with potential for 10%-plus yields. Amazon's revenue and stock performance are strong, with further investment in AI technology. Meta's user base growth and cost-cutting measures have led to a stock increase. Nvidia's success in the AI chip market has made its stock a top performer. Knightscope Inc. is offering bonds with a 10% annual yield, showcasing significant revenue growth in 2023.

Portfolio Pulse from judithnwadigo@gmail.com

November 30, 2023 | 3:22 pm

CRM

DJIA

QQQ

SNOW

SNPS

SPY

The Personal Consumption Expenditures (PCE) data, a key inflation gauge for the Fed, came in line with expectations, disappointing both market bulls and bears who were expecting a different outcome to influence market direction. Positive earnings from Salesforce, Snowflake, and Synopsys, all benefiting from AI, have lifted the stock market. Eurozone inflation fell more than expected, while China's PMI data suggests economic weakening. Early trade money flows are positive for several tech giants but negative for Amazon. The SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1 are also seeing positive money flows. The Arora Report advises investors to maintain a balance between cash, hedges, and investments to protect and participate in market upside.

Portfolio Pulse from The Arora Report

November 30, 2023 | 3:21 pm

SGBX

Safe & Green Holdings Corp. (SGBX) has sold approximately 658,000 common shares to an institutional investor, resulting in net proceeds of about $390,000. The company aims to use the funds to accelerate manufacturing and construction services growth and support new initiatives. No new warrants were issued in the transaction, reflecting the company's strategy to minimize shareholder dilution.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:20 pm

GGE

Shares of Green Giant, Inc (GGE) have resumed trading. The article does not provide additional context such as the reason for the halt or company performance indicators.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:20 pm

ISPR

J Capital Research has issued a report on Ispire Technology Inc. (ISPR), alleging insider enrichment and possible fabrication of approximately 30% of revenue. The report claims ISPR overpays a Shenzhen factory owned by its chairman, resulting in low gross margins compared to competitors. It also suggests that sales from an undisclosed related-party may be fake, and raises concerns about the co-CEO's past accusations of extortion and drug law violations. ISPR's financial stability is questioned, with cash reserves potentially lasting less than a year. The report also mentions a recent unexplained stock price surge, hinting at possible price manipulation.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:19 pm

GGE

Shares of Green Giant were halted on a circuit breaker due to a steep decline, with the stock plummeting by 73.9%.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 3:15 pm