Streetbeat News

Stock Prices

SPY

Federal Reserve Governor Lisa D. Cook stated that the Fed has not yet achieved its inflation target and warned of a potential slowdown in economic growth.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:59 pm

SF

SKIN

Stifel Financial Corp downgraded Beauty Health Co from a Buy to a Hold Rating and lowered the price target from $17 to $10, citing concerns about the company's future growth. Shares of Beauty Health fell more than 13% before slightly rebounding.

Portfolio Pulse from AJ Fabino

June 21, 2023 | 2:58 pm

SPY

Federal Reserve official Jefferson expressed concerns over recent bank troubles, stating that they represent a downside economic risk. This could potentially impact the broader market, including the SPY ETF.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:57 pm

SPY

Federal Reserve Chair Jerome Powell expects housing inflation to decrease significantly this year and next, according to Reuters.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:56 pm

SPY

Fed Chair Powell stated that data suggests a gradual cooling in the labor market, with significant excess demand over supply. This may impact the broader market, including the SPY ETF.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 2:55 pm

AMZN

PTON

Amazon Prime Day 2023 will include discounts on Peloton products, such as bikes, guides, and accessories, on July 11 and 12. This collaboration between Amazon and Peloton is expected to boost sales for both companies.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 2:54 pm

AMD

AMD shares are trading lower due to a pullback in chip and semi stocks, and the company announced a $135 million plan to expand in Ireland.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 2:53 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

US tech stocks, led by AI-driven innovations, have fueled a strong market comeback in 2023, with the Nasdaq 100 Index rising 38.7% and the S&P 500 Index up 15%. The 'Magnificent Seven' tech giants contributed 76% of the Nasdaq's gains.

Portfolio Pulse from Piero Cingari

June 21, 2023 | 2:51 pm

AAPL

META

MSFT

NVDA

QQQ

SPY

TSLA

Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, TSLA, MSFT, NVDA, and META. Jerome Powell's testimony at the House Financial Services Committee is expected to drive market activity today.

Portfolio Pulse from RIPS

June 21, 2023 | 2:51 pm

SM

SM Energy Co (NYSE:SM) has revised its Q2 2023 and 2023 outlook, expecting higher production and lower costs. The company increased its oil production outlook for Q2 and 2023 and announced a 10% cut in capital expenditures guidance. SM also lowered its LOE per Boe for both Q2 and 2023 and repurchased 2.6 million shares from its $500 million stock repurchase program.

Portfolio Pulse from Lekha Gupta

June 21, 2023 | 2:50 pm