Streetbeat News

Stock Prices

IMXUSD

Immutable's cryptocurrency (IMX) has seen a 6.18% decrease in price over the last 24 hours, continuing a negative trend with a 7.0% loss over the past week. The trading volume has decreased by 93.0%, while the circulating supply has slightly increased. The current market cap ranking for IMX is #41, valued at $1.59 billion.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:00 pm

LDOUSD

Lido DAO's cryptocurrency (LDO) has experienced a 4.85% price drop over the past 24 hours, continuing a weekly decline of 10%. The trading volume has decreased by 45%, and the circulating supply has slightly decreased. Lido DAO's market cap ranking is currently #35, with a valuation of $2.01 billion.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:00 pm

HURN

Over the past 3 months, 4 Wall Street analysts have published their opinions on Huron Consulting Group (NASDAQ:HURN), with 3 giving a bullish rating and 1 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for HURN is $134.5, with a high of $140.00 and a low of $128.00, marking a 15.28% increase from the previous target of $116.67.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:00 pm

CRWD

DIA

GME

IWM

NTAP

QQQ

SPY

WDAY

Stocks are on the rise with the S&P 500 and Nasdaq 100 nearing highs, driven by stronger-than-expected U.S. GDP growth data for Q3. Despite hawkish comments from Richmond Fed President Thomas Barkin, the market is optimistic about future rate cuts. OPEC+ is considering oil production cuts, which has led to a rebound in oil prices. U.S. stock indices and sector ETFs saw gains, with notable performances from GM, WDAY, CRWD, GME, and NTAP after positive news. Other stocks and ETFs are also mentioned in relation to earnings reports and market performance.

Portfolio Pulse from Piero Cingari

November 29, 2023 | 6:59 pm

BUD

JP Morgan analyst Celine Pannuti has maintained an Overweight rating on Anheuser-Busch InBev (NYSE:BUD) and increased the price target from $76 to $79, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:55 pm

Zhihu Inc. reported its Q3 financial results, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:53 pm

EGRX

Eagle Pharmaceuticals Inc (NASDAQ:EGRX) CEO Scott Tarriff has resigned and retired effective immediately. Michael Graves, Chairman of the Board, is now Interim Executive Chairman. The company is also not in compliance with Nasdaq's listing requirements due to not filing its 10-Q report for Q3 2023. Eagle Pharmaceuticals has 60 days to submit a compliance plan to Nasdaq. EGRX shares dropped 27.1% to $5.99.

Portfolio Pulse from Vandana Singh

November 29, 2023 | 6:46 pm

INTC

NVDA

SSNGY

TSM

NVIDIA Corporation's CEO, Jensen Huang, stated that the U.S. may take up to two decades to achieve independence from foreign chip manufacturing. At the DealBook conference, he highlighted the global dependency of NVIDIA's supply chain and the impracticality of U.S. supply chain independence in the short term. Despite U.S. efforts to localize chip production, Huang emphasized NVIDIA's commitment to China, its largest market, and the need to develop new chips that comply with U.S. regulations for export. Leading chipmakers like TSMC, Samsung, and Intel are expanding their U.S. operations. NVIDIA's stock (NVDA) saw a slight increase of 0.74% to $481.75.

Portfolio Pulse from Nabaparna Bhattacharya

November 29, 2023 | 6:34 pm

ARKF

ARKK

COIN

QQQ

Cathie Wood's ARK Innovation ETF (ARKK) recorded a 35% gain in November, its best month since inception. ARK Fintech Innovation ETF (ARKF) also performed similarly. Despite these gains, ARKK is still 70% below its peak from February 2021. The performance was influenced by the Federal Reserve's steady interest rates and expectations of future rate cuts. Top contributors to ARKK's performance include Coinbase Global Inc (COIN), Roku, Inc. (ROKU), and Block, Inc. (SQ).

Portfolio Pulse from Piero Cingari

November 29, 2023 | 6:32 pm

AEP

American Electric Power Inc. (NASDAQ:AEP) saw a slight drop of 0.21% in the current market session to $79.56, despite a monthly increase of 4.03%. However, the stock has fallen by 17.54% over the past year. Investors are considering AEP's lower P/E ratio compared to the Electric Utilities industry average, which may indicate undervaluation or weaker growth prospects. The P/E ratio is a critical tool for evaluating market performance but should be used alongside other metrics and industry trends for comprehensive analysis.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 6:30 pm