Streetbeat News

Stock Prices

JPM

MS

Morgan Stanley's Chief Investment Officer, Mike Wilson, warns that equities may finish the year weaker due to adverse macroeconomic fundamentals. He believes that the spike in liquidity from the Federal Reserve's emergency loan program is misleading investors and propping up the markets.

Portfolio Pulse from Bibhu Pattnaik

May 27, 2023 | 2:35 pm

F

FFIE

NIO

NKLA

RIVN

TSLA

Tesla partners with Ford to provide access to its Supercharger network, Rivian teases its R2 model, and Nikola faces potential delisting. Tesla's Model Y becomes the bestselling car in Q1, and Nio launches its ES6 SUV. EV stocks show mixed performance for the week.

Portfolio Pulse from Shanthi Rexaline

May 27, 2023 | 2:04 pm

AAPL

AMZN

GOOGL

META

Beringer Capital's report suggests that tech giants like Alphabet, Apple, and Amazon will benefit from the changes in consumer data privacy regulation. Major tech platforms are proactively providing privacy-forward solutions, while AdTech firms must find new strategies to provide customized advertising without third-party cookies.

Portfolio Pulse from Piero Cingari

May 27, 2023 | 2:00 pm

BYDDF

BYDDY

F

TSLA

Elon Musk, CEO of Tesla, has praised the cars of Warren Buffett-backed Chinese EV-maker BYD Company, calling them 'highly competitive.' This comes as Tesla faces increasing pressure from growing competitors in the EV market, including BYD, which has shown staggering growth in sales and is rapidly catching up with Tesla.

Portfolio Pulse from Navdeep Yadav

May 27, 2023 | 8:22 am

MSFT

Elon Musk responded to a tweet suggesting that Clippy, Microsoft's virtual assistant from the 1990s, could be the leader if AI ever takes over. This sparked a memefest on Twitter. AI taking over the world is a concern for many, with 61% of Americans believing it could endanger humanity.

Portfolio Pulse from Ananya Gairola

May 27, 2023 | 7:44 am

META

MSFT

A Twitter exchange between Jack Dorsey and Elon Musk sparked discussions on America's 'problem' and the role of social media companies. Dorsey is now backing Twitter-rival Bluesky, while Meta Platforms Inc. plans to launch a Twitter alternative named 'Barcelona' in Summer 2023. Twitter could witness a user decline in 2023, with users redirecting towards Reddit and Microsoft's LinkedIn.

Portfolio Pulse from Ananya Gairola

May 27, 2023 | 4:27 am

CMPS

Sunstone Therapies' Phase 2 study of COMPASS Pathways' synthetic psilocybin COMP360 showed positive long-term follow-up data in cancer patients with Major Depressive Disorder (MDD). 57% of patients sustained remission of depression, and 64% had a robust clinical response at 18 months after a single 25mg psilocybin dose paired with psychological support.

Portfolio Pulse from Lara Goldstein

May 26, 2023 | 10:23 pm

STM

STMicroelectronics (NYSE:STM) has outperformed the market over the past 10 years, producing an average annual return of 16.58%. If an investor had bought $1000 of STM stock 10 years ago, it would be worth $4,732.55 today.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 9:32 pm

SE

Over the past 5 years, Sea (NYSE:SE) has outperformed the market by 22.89% on an annualized basis, producing an average annual return of 32.2%. A $1000 investment in SE stock 5 years ago would be worth $4,037.61 today.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 9:32 pm

CARA

CNVCF

HEXO

TLRY

Marijuana stocks experienced a bearish Friday, with Tilray Brands and HEXO among the top losers. BioHarvest Sciences and Cara Therapeutics were among the top gainers.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 9:30 pm