Streetbeat News

Stock Prices

CF

LNG

Bill Baruch announced on CNBC that he has bought more shares of Cheniere Energy and CF Industries.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:32 pm

FI

Fiserv (NYSE:FI) has outperformed the market over the past 10 years with an average annual return of 17.6%, significantly higher than the market average. A $1000 investment in Fiserv 10 years ago would be worth $5,088.95 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 4:30 pm

EOG

EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years with an average annual return of 11.61%, surpassing the market by 3.37% annually. A $100 investment in EOG 20 years ago would be worth $911.74 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 4:30 pm

GNLN

Greenlane Holdings, Inc. (NASDAQ:GNLN) announced plans to distribute Safety Strips, Inc.'s fentanyl, xylazine, and drink spike detection test strips across the U.S. This move comes as the DEA warns of the increasing threat of fentanyl mixed with xylazine. Greenlane's stock surged 244.40% following the announcement.

Portfolio Pulse from Jelena Martinovic

August 12, 2024 | 4:29 pm

MCD

Xiabuxiabu is facing significant financial challenges, including a forecasted loss of up to 280 million yuan for the first half of the year. The company is responding by cutting prices, introducing value combos, and closing underperforming stores. The broader restaurant industry in China is also struggling due to weak consumer spending and intense competition, leading to a wave of profit warnings and business closures. McDonald's is also participating in the price war with its own value-oriented meal deals.

Portfolio Pulse from The Bamboo Works

August 12, 2024 | 4:26 pm

SATS

EchoStar shares are trading lower following a downgrade by JP Morgan from Neutral to Underweight and a price target reduction by TD Cowen from $38 to $37.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:18 pm

PLTR

Palantir Technologies Inc. (NYSE:PLTR) has seen a significant stock price increase, driven by strong second-quarter earnings and positive technical indicators. The company's revenue surged by 27%, with notable growth in U.S. commercial and government sectors. Analyst Dan Ives and Cathie Wood's Ark Invest have shown strong support for Palantir, further boosting investor confidence.

Portfolio Pulse from Surbhi Jain

August 12, 2024 | 4:18 pm

LUMN

Lumen Technologies shares are trading lower following volatility since last week's Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:18 pm

NFE

New Fortress Energy shares are trading higher, potentially rebounding after a decline last week due to worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:16 pm

HI

Hillenbrand shares are trading lower after DA Davidson downgraded the stock from Buy to Neutral and lowered its price target from $54 to $33.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:16 pm