Streetbeat News

Stock Prices

GGAA

Shares of Genesis Growth Tech Acquisition Corp. (GGAA) were halted on a circuit breaker due to a significant increase in the stock price, which is now up by 137.2%.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:25 pm

ADAUSD

BTCUSD

DOGEUSD

ETHUSD

LTCUSD

XRPUSD

Several popular cryptocurrencies including Bitcoin and Ethereum are experiencing a surge after a judge ruled that Ripple's sales of XRP do not constitute offers of investment contracts. The SEC had sued Ripple in late 2020, alleging that the company and two of its executives raised over $1.3 billion through an unregistered securities offering. The ruling is likely to set a standard for the rest of the crypto space.

Portfolio Pulse from Adam Eckert

July 13, 2023 | 4:24 pm

CYRX

DAL

FWBI

JZXN

SNPX

SXTP

VSAT

U.S. stocks traded higher with the Nasdaq Composite gaining over 100 points. Delta Air Lines reported better-than-expected Q2 results with a 19% YoY adjusted operating revenue growth to $14.61 billion, beating the consensus of $14.46 billion. Shares of Jiuzi Holdings, Synaptogenix, and 60 Degrees Pharmaceuticals rose significantly. However, Viasat, Cryoport, and First Wave BioPharma shares dropped due to various reasons.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 4:21 pm

GGAA

Trading of shares for Genesis Growth Tech Acquisition Corp. (GGAA) has resumed.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:21 pm

NVDA

RXRX

Recursion Pharmaceuticals' stock (RXRX) is trading lower as traders seem to be taking profits after a significant rally. The rally was triggered by a $50 million investment from Nvidia Corporation (NVDA). Morgan Stanley analyst Vikram Purohit maintained an Equal-Weight rating for RXRX and raised the price target from $8 to $11.

Portfolio Pulse from Erica Kollmann

July 13, 2023 | 4:19 pm

EDTX

Shares of EdtechX Holdings Acquisition Corp. II (EDTX) were resumed and then halted again due to upside, with the stock now up by 252%.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:15 pm

ARES

Barclays has raised its price target on Ares Management from $108 to $117, leading to a rise in Ares Management's stock.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 4:15 pm

BMY

Bristol-Myers Squibb Inc. (NYSE:BMY) has seen its shares decrease by 11.11% in the past three months. The company's financial statement as of April 27, 2023, shows a long-term debt of $35.08 billion and current debt of $2.75 billion, amounting to $37.83 billion in total debt. After adjusting for $8.99 billion in cash-equivalents, the company's net debt stands at $28.84 billion. The company's debt-ratio is 0.4, indicating a moderate level of financial leverage.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 4:15 pm

BILL

Goldman Sachs has raised its price target on BILL Holdings from $115 to $136, leading to an increase in the company's stock trading.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 4:14 pm

GGAA

Shares of Genesis Growth Tech Acquisition Corp. (GGAA) resumed trading, only to be halted again due to a circuit breaker. The stock is now up by 71.9%.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:10 pm