Streetbeat News

Stock Prices

KR

Over the past 20 years, Kroger (NYSE:KR) has outperformed the market by 1.14% on an annualized basis, producing an average annual return of 8.96%. If an investor had bought $1000 of KR stock 20 years ago, it would be worth $5,615.06 today.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:01 pm

MATICUSD

Polygon's (CRYPTO: MATIC) price has decreased by 4.28% over the past 24 hours to $0.75, despite an uptrend of 1.0% over the past week. The trading volume for the coin has decreased by 28.0% over the past week, while the overall circulating supply of the coin has increased by 0.24% to over 9.32 billion. The current market cap ranking for MATIC is #12 at $7.00 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm

XRPUSD

Ripple Labs' XRP token has consolidated following a 73% rally on Friday due to a favorable ruling in the Ripple-SEC case. A U.S. judge ruled that the sale of XRP tokens does not constitute investment contracts. The crypto started to consolidate mostly sideways on decreasing volume and lessening volatility, forming a series of five inside bars. The XRP chart shows a drop in its relative strength index (RSI) from about 89% to 73%. XRP has resistance above at $0.80 and $0.91 and support below at $0.69 and $0.062.

Portfolio Pulse from Melanie Schaffer

July 18, 2023 | 3:00 pm

MS

SPY

Morgan Stanley's CEO, James Gorman, has stated that a recession is less likely. This statement comes amidst concerns over economic slowdowns and market volatility.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:00 pm

SOLUSD

Solana's (CRYPTO: SOL) price has decreased by 6.62% over the past 24 hours to $25.43, contrary to its performance over the past week where it experienced an up-trend of 14.0%. The trading volume of Solana has climbed 86.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.24%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm

TVTX

Analysts have provided various ratings for Travere Therapeutics (NASDAQ:TVTX) within the last quarter, with a majority being bullish. The average price target for Travere Therapeutics over the next 12 months is $27.9, a 23.41% decrease from the previous average price target of $36.43.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm

ODD

ODDITY Tech Ltd (NASDAQ:ODD) is set to go public on July 19, with shares expected to be priced between $32.00 and $34.00. The company, which aims to transform the global beauty and wellness market, has an insider lock-up period of 180 days ending on January 15, 2024.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 3:00 pm

PLD

Prologis, Inc. (NYSE:PLD) reported Q2 rental and other revenues of $1.65 billion, up 50.7% YoY, but missed estimates of $1.69 billion. The company's core funds from operations per diluted share was $1.83 for Q2, higher than $1.11 a year ago. The company raised FY23 guidance and expects core FFO attributable to common stockholders to be in the range of $5.56 to $5.60. PLD shares are trading higher by 1.07% to $129.35 in the premarket.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2023 | 3:00 pm

WMG

Warner Music Group has announced a licensing deal with TikTok, which will lead to the joint development of additional and alternative economic models. This news has led to an increase in Warner Music Group's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:56 pm

RKLB

Rocket Lab has successfully launched seven satellites for NASA and commercial constellation operators, and also successfully recovered the rocket's booster. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 2:51 pm