Streetbeat News

Stock Prices

BDRX

Shares of Biodexa Pharmaceuticals were halted on a circuit breaker to the upside, with the stock now up 33.4%.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:31 pm

HUBS

HubSpot (NYSE:HUBS) has outperformed the market over the past 5 years by 23.35% on an annualized basis, producing an average annual return of 33.33%. If an investor had bought $100 of HUBS stock 5 years ago, it would be worth $425.79 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:31 pm

MCO

Moody's (NYSE:MCO) has outperformed the market over the past 20 years, producing an average annual return of 13.84%. If an investor had bought $1000 of MCO stock 20 years ago, it would be worth $13,344.63 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:30 pm

SPY

UUP

The University of Michigan Consumer Sentiment Index shows a spike from 64.4 in June to 72.6 in July, beating expectations of 65.5. This is the highest level of consumer optimism in nearly two years. Inflation expectations also increased slightly. The SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) both saw increases following the news.

Portfolio Pulse from Piero Cingari

July 14, 2023 | 2:27 pm

TIXT

Citigroup analyst Ryan Potter has downgraded TELUS Intl (NYSE:TIXT) from Buy to Neutral and lowered the price target from $24 to $15.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 2:26 pm

TIXT

Barclays analyst Ramsey El-Assal has downgraded TELUS Intl (NYSE:TIXT) from Overweight to Equal-Weight and lowered the price target from $23 to $15.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 2:25 pm

BLK

C

JPM

KRE

STT

WFC

XLF

The Financial Select Sector SPDR Fund (XLF) has recovered from the selloff caused by the collapse of Silicon Valley Bank (SIVB). Major U.S. banks such as JPMorgan Chase (JPM), Wells Fargo (WFC), BlackRock (BLK), Citigroup (C), and State Street (STT) have reported earnings that exceeded expectations, although BlackRock and State Street reported lower-than-expected revenues. The SPDR S&P Regional Banking ETF (KRE) is still 25% lower than pre-SIVB levels.

Portfolio Pulse from Piero Cingari

July 14, 2023 | 2:24 pm

NFLX

Netflix's stock has seen a steady increase of 2.20% this month following a 10.70% growth in the previous month, with a year-to-date surge of over 50%. JP Morgan has raised its stock price target for Netflix from $470 to $495, backed by continuous growth in Netflix's subscriber numbers. Analysts predict an addition of 21 million subscribers for Netflix over the year, with a crackdown on password sharing potentially contributing to this increase.

Portfolio Pulse from Zaheer Anwari

July 14, 2023 | 2:24 pm

TWN

Taiwan Fund has reported a Q3 net asset value per share of $35.74, up from $32.32 in the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:24 pm

IMGN

Immunogen (IMGN) has seen a significant option alert for August 18 $21 calls. A total of 399 contracts were traded near the ask price at $1.5, compared to an open interest of 453. The company is expected to release its earnings on July 28 before the market opens.

Portfolio Pulse from Charles Gross

July 14, 2023 | 2:20 pm