Streetbeat News

Stock Prices

USAC

Mizuho analyst Gabriel Moreen has downgraded USA Compression Partners (NYSE:USAC) from Neutral to Underperform and set a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:58 pm

LGST

Semper Paratus Acquisition Corporation has regained compliance with certain Nasdaq listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:55 pm

GPCR

NVO

Structure Therapeutics Inc released results from the Phase 1b study of GSBR-1290, showing significant weight loss in overweight or obese individuals. The company also announced a private placement of 21.6 million shares and 2.4 million non-voting shares at $12.49 per share, raising $300 million. The funds are expected to extend the cash runway through 2026. GPCR shares are up 68.1% in premarket trading.

Portfolio Pulse from Vandana Singh

September 29, 2023 | 12:55 pm

TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) has announced the launch of an expanded product lineup by its cannabis lifestyle brand, CANACA. The new 'Let 'Er Rip' Campaign introduces a curated collection of products designed to elevate intensity while offering flavorful and aromatic consumption experiences. The campaign highlights two product lines, including additional whole flower and Crumble Cones pre-rolls. Tilray’s shares traded 0.8511% higher at $2.37 per share during the pre-market session of Friday morning.

Portfolio Pulse from Jelena Martinovic

September 29, 2023 | 12:54 pm

ABT

POCT

VNQ

On CNBC's 'Halftime Report Final Trades', several financial experts named their final trades. Bryn Talkington picked Innovator U.S. Equity Power Buffer ETF October (POCT), Stephen Weiss chose U.S. 10 Year Treasury Note, Brenda Vingiello selected Abbott Laboratories (ABT), and Shannon Saccocia picked Vanguard Real Estate Index Fund (VNQ). Abbott Laboratories recently agreed to acquire Bigfoot Biomedical and its shares gained 2.7% to close at $98.12 on Thursday.

Portfolio Pulse from Priya Nigam

September 29, 2023 | 12:54 pm

ADTN

ERIC

IBM

Three tech stocks with over 4% dividend yields have been highlighted by Wall Street's most accurate analysts. These include Telefonaktiebolaget LM Ericsson (ERIC) with a dividend yield of 5.10%, International Business Machines Corporation (IBM) with a yield of 4.64%, and ADTRAN Holdings, Inc. (ADTN) with a yield of 4.34%. Recent news for these companies include Ericsson's expanded partnership with Google Cloud, IBM's collaboration with Salesforce, and ADTRAN's worse-than-expected Q2 sales results.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 12:52 pm

CUEN

GROM

LQR

LYT

The article lists four oversold stocks in the communication services sector that may perform well in the short term. These include LQR House Inc. (NASDAQ:LQR), which announced a strategic partnership with Cannon Estate Winery for expanded Canadian distribution, Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT), which disclosed the set up and launch of LYTUS STUDIOS in the USA, Grom Social Enterprises, Inc. (NASDAQ:GROM), which priced a $3 million offering, and Cuentas Inc. (NASDAQ:CUEN), which saw its stock fall 28% over the past month.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 12:51 pm

BLK

BTCUSD

SPY

The SEC has delayed Bitcoin ETF proposals from Blackrock and Valkyrie. Elon Musk has been censored on his own app. S&P 500 and Nasdaq futures point to a strong open ahead of key inflation data. More than $7M has been bet on Howard Hughes. Nike, OPKO Health, and other big stocks are moving higher in Friday's pre-market session. Investor fear is easing as US stocks rise following economic reports. Robert Kiyosaki is back to loving Bitcoin, thanks to fear of CBDCs. Pepe Coin is outpacing Dogecoin and Shiba Inu with a 12% surge. Bitcoin, Ethereum, and Dogecoin spike as Valkyrie Funds secures SEC approval for ETH ETF futures.

Portfolio Pulse from Akanksha Bakshi

September 29, 2023 | 12:47 pm

DOGEUSD

SHIBUSD

Two brothers from New York became millionaires overnight after investing in Shiba Inu (CRYPTO: SHIB), a meme coin initially created as a joke. They initially invested $200 each and later added $100 each when the coin's value had already gained 300%. Their original stake of $7,900 was worth nearly $9 million as of May 14, 2021. However, if they held onto their SHIB today, they would be facing a significant loss of $5.49 million due to SHIB’s trading value dropping.

Portfolio Pulse from Mehab Qureshi

September 29, 2023 | 12:45 pm

TSLA

Piper Sandler analyst Alexander Potter has cut his Q3 delivery estimates for Tesla from 515,000 units to 445,000 units, a 13.6% reduction, due to downtime in Tesla’s Giga Shanghai and Giga Austin plants. Despite this, Potter does not expect Tesla's stock to sell off if Q3 results miss expectations. He maintains his full-year estimates for Tesla and the $300 price target. However, GLJ Research’s Gordon Johnson criticized Potter's positive analysis, noting that Tesla's deliveries will likely decline for the fifth quarter in 28 quarters.

Portfolio Pulse from Shanthi Rexaline

September 29, 2023 | 12:43 pm