Streetbeat News

Stock Prices

BURU

Nuburu shares have resumed trading, which could indicate a resolution of previous issues that halted trading. This development may impact investor sentiment and the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:00 pm

SHIBUSD

Shiba Inu (SHIB) has seen a 4.41% price increase in the last 24 hours, continuing a positive trend with a 9% gain over the past week. Trading volume has surged by 102%, and the circulating supply has slightly increased. SHIB ranks #14 in market cap at $10.97 billion.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 3:00 pm

AVGO

The article evaluates Broadcom (NASDAQ:AVGO) against its competitors in the Semiconductors & Semiconductor Equipment industry, highlighting its high valuation ratios, low profitability metrics, and strong revenue growth. Broadcom's high debt-to-equity ratio suggests a reliance on debt financing, posing potential financial risks.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 3:00 pm

SPHL

Springview Holdings Ltd is set to IPO on October 17 on the NASDAQ under the ticker SPHL, with shares priced between $4.00 and $5.00. The insider lock-up period will last until April 15, 2025.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 3:00 pm

DRUG

Bright Minds Biosciences shares have been halted, and the stock is down by 20.47%.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:57 pm

UAL

United Airlines anticipates continued acceleration in corporate demand into Q4, with eight of the top ten post-pandemic corporate revenue booking days recorded since September.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:54 pm

ARM

Arm Holdings shares are experiencing an uptick as chip stocks recover from a previous decline.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:52 pm

UNH

UnitedHealth shares are experiencing a rebound after a decline on Tuesday, which followed the release of their Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:52 pm

ASML

AVGO

MRVL

NVDA

ASML Holdings N.V. (NASDAQ:ASML) shares plunged over 16% after cutting its 2025 sales forecast due to weaker demand for its EUV lithography machines. Analysts from Goldman Sachs and Bank of America highlighted challenges in the semiconductor market, including global reshoring efforts and geopolitical tensions. Despite ASML's struggles, Bank of America remains optimistic about AI-related semiconductor companies like NVIDIA, Broadcom, and Marvell Technology.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 2:52 pm

MU

Micron shares are trading higher as chip stocks rebound from a previous drop. The company also introduced its DDR5 memory portfolio.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:51 pm