Streetbeat News

Stock Prices

DIA

IWM

QQQ

SPY

Major indexes are experiencing gains as investors respond positively to recent economic data and a decrease in yields, which may be contributing to the rise in stock prices.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:20 pm

NVAX

Novavax shares rise as the company announces the availability of its 2024-2025 Formula COVID-19 vaccine at numerous locations across the nation.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:20 pm

ADBE

BA

GDX

GLD

GRMN

UAL

WBD

Wall Street is experiencing a positive session with all sectors of the S&P 500 index trading in the green, driven by expectations of a Federal Reserve rate cut. Small-cap stocks are outperforming, and precious metals are rallying. Adobe and Boeing face declines due to revenue guidance and labor strikes, respectively, while United Airlines and Warner Bros Discovery see gains from strategic partnerships.

Portfolio Pulse from Piero Cingari

September 13, 2024 | 5:18 pm

BCAX

Bicara Therapeutics' IPO opened at $26.25 per share, significantly higher than the initial pricing of $18 per share for 17.5 million shares. This indicates strong investor demand and positive market sentiment towards the company.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:12 pm

ELF

The options market shows a bearish sentiment towards e.l.f. Beauty (NYSE:ELF), with 62% of trades being bearish. Significant investors are targeting a price range of $110 to $240. Despite this, analysts maintain a Buy rating with a consensus target price of $192.2.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 5:08 pm

DE

Financial giants are making significant bullish moves on Deere (NYSE:DE) through options trading. Analysis shows a balanced sentiment with 37% bullish and 37% bearish trades. The stock is currently trading at $392.33, with analysts providing mixed ratings and target prices ranging from $378 to $443.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 5:08 pm

MSOS

The ATB Cannabis Investor Sentiment Survey indicates a shift from bullish to neutral sentiment among cannabis investors, primarily due to delays in uplisting to major U.S. exchanges and rescheduling cannabis to Schedule III. Only 31.8% of investors remain optimistic about the MSO sector, down from 83.3% six months ago. Despite this, some investors see potential for a rebound if these changes occur, with the AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) expected to rise significantly.

Portfolio Pulse from Rolando García

September 13, 2024 | 5:07 pm

BKR

Baker Hughes reported an increase in the U.S. oil and natural gas rig counts, with oil rigs up by 5 and natural gas rigs up by 3, bringing the total rig count to 590 from 582 previously.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:06 pm

SIG

Analysts have mixed views on Signet Jewelers (NYSE:SIG) with recent ratings showing a shift towards a more neutral stance. The average 12-month price target has decreased by 8.68% to $96.8. Financial challenges include a -9.42% revenue decline and a net margin of -2.65%.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 5:02 pm

WELL

Welltower (NYSE:WELL) has outperformed the market over the past 10 years with an average annual return of 13.7%, surpassing the market by 2.93% annually. A $100 investment in WELL 10 years ago would now be worth $360.73.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 5:01 pm