Streetbeat News

Stock Prices

MCBS

MetroCity Bankshares has announced the continuation of its share repurchase program, allowing the company to buy back up to 925,250 shares. The program will run from October 17, 2024, to September 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:56 pm

LRN

Stride shares declined following a short report by Fuzzy Panda Research. The company has issued a response to the report.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:52 pm

TSLA

Cryptocurrency markets are experiencing a bullish trend, with Bitcoin, Ethereum, and Dogecoin showing significant gains. Bitcoin's market dominance is at its highest since 2021, and traders predict new all-time highs in the coming weeks. Notable developments include Tesla's potential exit from Bitcoin and discussions on crypto regulation.

Portfolio Pulse from Khyathi Dalal

October 16, 2024 | 7:48 pm

TRV

Travelers Companies (NYSE:TRV) has seen a 3.75% increase in its short percent of float, now at 1.66% of all regular shares. This indicates a rise in bearish sentiment, although TRV's short interest is still below the peer group average of 1.82%.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:45 pm

INDP

Indaptus Therapeutics shares are experiencing an increase in trading value following HC Wainwright & Co.'s decision to reiterate a Buy rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:45 pm

NSC

Norfolk Southern's short interest has decreased by 10.09%, with 2.22 million shares sold short, representing 0.98% of its float. This is lower than its peers' average short interest of 6.11%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:45 pm

THC

Tenet Healthcare's short interest has decreased by 4.01%, with 2.97 million shares sold short, representing 4.07% of its float. This is lower than the peer group average of 5.78%, indicating a relatively bullish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 7:45 pm

AMAT

KLAC

LRCX

Chip companies and semiconductor equipment stocks are experiencing a decline due to weak guidance from ASML.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:44 pm

GNRC

Generac Holdings shares rose following Truist Securities' decision to maintain a Buy rating and increase the price target from $170 to $210.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:41 pm

SPY

The upcoming September retail sales report is expected to show a 0.3% month-over-month increase, with some analysts, like Bank of America, predicting even stronger growth. This data could support the 'no landing' economic scenario, suggesting continued economic growth without a significant slowdown. The SPDR S&P 500 ETF Trust (SPY) is closely watched as it nears record highs, reflecting investor optimism. Despite strong retail sales, the Fed is expected to maintain its rate-cut path if disinflation continues.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 7:37 pm