Streetbeat News

Stock Prices

AMZN

The article discusses Amazon's stock (AMZN) as a case study in technical analysis, focusing on reversal patterns and the dynamics of support turning into resistance. It highlights how remorseful buyers can influence stock price movements.

Portfolio Pulse from Mark Putrino

September 09, 2024 | 6:28 pm

BCYC

Bicycle Therapeutics shares are experiencing an upward trend as Cantor Fitzgerald reiterated an Overweight rating and Needham maintained a Buy rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:24 pm

CCSI

Consensus Cloud Solutions shares fell after JP Morgan downgraded the stock from Neutral to Underweight.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:19 pm

TSLA

Tesla shares are rising as Panasonic prepares for mass production of high-capacity 4680 EV batteries, which could enhance Tesla's vehicle range and efficiency.

Portfolio Pulse from Dylan Berman

September 09, 2024 | 6:18 pm

EGIO

RLAY

SINT

U.S. stocks rose with the S&P 500 gaining around 1%. Relay Therapeutics shares spiked 63% after positive interim data for its breast cancer treatment. Sintx Technologies shares surged 87% following a patent allowance. Edgio shares dropped 80% due to financial restructuring.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 6:16 pm

SLNH

Soluna Holdings, Inc. shares are trading lower following the announcement of a $25 million standby equity purchase agreement with Yorkville Advisors Global. This agreement may lead to dilution concerns among investors.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:15 pm

RILY

B. Riley Financial shares rose by 11.1% after announcing strategic initiatives, including selling a majority stake in Great American Group and securing $236 million in debt financing. These moves aim to generate $410 million in cash to reduce senior secured debt to $125 million by 2024.

Portfolio Pulse from Vaishali Prayag

September 09, 2024 | 6:13 pm

AAPL

Apple has announced the new iPhone 16 priced at $799 and iPhone 16 Plus at $899, potentially impacting its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:12 pm

BA

GCAD

ITA

Boeing's shares rise following a tentative union deal to prevent a strike and the successful return of the Starliner. The deal includes a 25% wage increase and a commitment to build the next commercial airplane in Seattle. Analyst Ronald J. Epstein remains neutral pending the union vote.

Portfolio Pulse from Lekha Gupta

September 09, 2024 | 6:11 pm

MGNX

MacroGenics shares rise as the company announces it will present Phase 2 results from its TAMARACK trial on innovative cancer treatment at ESMO 2024.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:09 pm