Streetbeat News

Stock Prices

LGCY

Legacy Education Inc (NYSE:LGCY) is set to go public on Sept. 19 with an IPO price range of $5.00 to $7.00, offering 2,000,000 shares at $6.00 each. The IPO includes a 180-day lockup period.

Portfolio Pulse from Benzinga Insights

September 15, 2024 | 6:39 pm

BTCUSD

ETHUSD

Crypto analyst Michaël van de Poppe predicts Bitcoin could surge by 890% in the current cycle, potentially reaching $300,000 to $600,000. He suggests Bitcoin is undervalued and could rise as a safe haven against geopolitical and economic uncertainties. A breakout in the TOTAL3/BTC ratio may indicate altcoins outperforming Bitcoin.

Portfolio Pulse from Bibhu Pattnaik

September 15, 2024 | 4:01 pm

APP

ARM

AVGO

BNTX

CHWY

KGC

MSTR

SMMT

VRT

WBD

Several large-cap stocks saw significant gains last week, with Summit Therapeutics, BioNTech, and Applovin among the top performers. Key drivers included strategic announcements, analyst upgrades, and market developments.

Portfolio Pulse from Lekha Gupta

September 15, 2024 | 3:49 pm

JPM

MSTR

The crypto world saw major developments, including Jamie Dimon's evolving stance on Bitcoin, the Trump family's DeFi project, and potential election impacts on Bitcoin prices. JPMorgan now holds Bitcoin ETFs, and a Trump victory could push Bitcoin to $90K.

Portfolio Pulse from Benzinga Neuro

September 15, 2024 | 12:04 pm

GOOGL

NVDA

The past week in AI saw significant developments, including OpenAI's new 'o1' model, Nvidia's CEO addressing AI demand, and Google's co-founder admitting to missed opportunities in language models. Nvidia shares rebounded after a recent decline.

Portfolio Pulse from Benzinga Neuro

September 15, 2024 | 12:03 pm

Boeing faces a prolonged strike as over 30,000 workers demand higher wages and better pension plans. The strike, which began after rejecting a 25% wage increase offer, could impact Boeing's financials, already strained by significant debt.

Portfolio Pulse from Anan Ashraf

September 15, 2024 | 3:21 am

AAPL

BAC

BRK

Ajit Jain, a top executive at Berkshire Hathaway, sold over half of his stake in the company, amounting to $139 million, as the stock reached a historic valuation. This move, along with minimal buyback activity and Warren Buffett's recent stock sales, suggests a potential bearish sentiment on Berkshire's valuation.

Portfolio Pulse from Navdeep Yadav

September 15, 2024 | 2:14 am

TSLA

Tesla Inc (NASDAQ:TSLA) has produced its 100 millionth 4680 cell, enough to power over 73,500 Cybertrucks. The company aims to ramp up production to deliver 250,000 units annually by 2025. The transition to in-house 'dry' cathode cells is expected to reduce costs and improve profitability.

Portfolio Pulse from Anan Ashraf

September 15, 2024 | 1:41 am

AFCG

IIPR

NLCP

REFI

New Lake Capital Partners (OTC:NLCP) is highlighted as a stable investment in the volatile cannabis market, offering strong dividend yields and rental income growth. Despite some tenant risks, NLCP's conservative debt strategy and solid financial performance make it an attractive option compared to peers like Innovative Industrial Properties (NYSE:IIPR).

Portfolio Pulse from Nicolás Jose Rodriguez

September 14, 2024 | 8:32 pm

INCR

OGI

InterCure Ltd. (NASDAQ:INCR) has shown resilience in H1 2024 with revenues surpassing estimates despite challenges. The company is guiding for double-digit sales growth in H2 2024 and plans to expand its product offerings. However, cash reserves have plummeted, and net debt has increased. The stock has dropped significantly but remains attractively valued.

Portfolio Pulse from Nicolás Jose Rodriguez

September 14, 2024 | 6:32 pm