Streetbeat News

Stock Prices

AMD

GFS

MRVL

NVDA

ON

Semiconductor and chip stocks are trading lower due to rising Treasury yields and mixed quarterly supply chain findings from KeyBanc. Stocks of AMD, GFS, MRVL, NVDA, and ON may be impacted.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:29 pm

TAP

Trading of Molson Coors Beverage Company shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:26 pm

JD

A whale investor has taken a bullish stance on JD.com (NASDAQ:JD), with 70% of the investors opening trades with bullish expectations and 30% with bearish. The whale has been targeting a price range from $22.5 to $38.76 for JD.com over the last 3 months. The price of JD is currently down -2.65% at $28.3. Loop Capital has maintained their Hold rating on JD.com, with a price target of $39.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 5:16 pm

BITF

CIFR

CLSK

HUT

Crypto-related stocks, including BITF, CIFR, CLSK, and HUT, are trading lower due to a pullback in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:16 pm

USDCUSD

Circle, the issuer of USDC, plans to implement its cross-chain transfer protocol (CCTP) with a Cosmos-based token protocol, Noble. This will be the first integration with a non-Ethereum Virtual Machine chain. The move is expected to make USDC transfers seamless and boost its market cap. USDC has a circulating supply of almost $25 billion, with $20 billion being Ethereum.

Portfolio Pulse from Khyathi Dalal

October 03, 2023 | 5:08 pm

SPY

Atlanta Fed President Bostic has stated that energy prices and geopolitics pose an upside risk to inflation, according to Reuters. This could potentially impact the broader market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:07 pm

AB

Goldman Sachs has upgraded AllianceBernstein Holding LP (NYSE:AB) from Neutral to Buy, with a revised price target of $36.75. The upgrade comes after the stock lost around 12% year to date, with Goldman Sachs stating that the market is underappreciating the company's industry-leading organic fee growth prospects and its differentiated operating margin expansion.

Portfolio Pulse from Priya Nigam

October 03, 2023 | 5:07 pm

SPY

Atlanta Fed President Bostic has stated that the share of goods with faster price increases has declined and businesses agree that this slowing trend is likely to continue.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:06 pm

ANF

LULU

PVH

SNBR

W

Retail and consumer discretionary stocks are trading lower due to overall market weakness caused by rising Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:05 pm

FNGR

Capybara Research has issued a short report on FingerMotion, titled 'FingerMotion: A Serial Case of Stock Promotion That Will End In Shareholder Dilution. $1 Target.' The report suggests that FingerMotion's stock promotion will result in shareholder dilution.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:02 pm