Streetbeat News

Stock Prices

EL

Estee Lauder Cos (NYSE:EL) has outperformed the market over the past 20 years by 4.88% on an annualized basis, producing an average annual return of 12.73%. If an investor had bought $100 of EL stock 20 years ago, it would be worth $1,111.36 today.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

SBUX

Starbucks (NASDAQ:SBUX) has received various analyst ratings in the last quarter, with 2 bullish, 10 somewhat bullish, and 7 indifferent. Over the past 3 months, 19 analysts have offered 12-month price targets for Starbucks, with an average price target of $116.63, a decrease of 0.03% from the previous average price target of $116.67.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 8:00 pm

BAOS

Shares of Baosheng Media Group have resumed trading.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 8:00 pm

CGC

Canopy Growth Corp. (NASDAQ:CGC) has announced measures to reduce its debt and enhance financial flexibility. The company plans to reduce its total debt by approximately $437 million within the next six months, with annual interest expense savings estimated to range from $20 to $30 million. The company will also convert approximately 41% of the existing notes into common shares. Additionally, Canopy Growth will redeem a portion of its outstanding senior notes due in July 2023, settling approximately $193 million in principal amount with a combination of cash, common shares, and newly issued convertible debentures.

Portfolio Pulse from Joana Scopel

July 14, 2023 | 7:58 pm

SPY

The market on close imbalance is leaning towards the sell-side with $988M. This could potentially impact the overall market sentiment and possibly the SPY ETF.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 7:55 pm

AMZN

C

GOOG

JPM

MSFT

WFC

The S&P 500 and other major indexes closed the week higher due to positive inflation data and strong earnings reports from major banks. Alphabet, Amazon, and Microsoft led the market optimism. Alphabet's shares climbed after the launch of its AI search engine assistant Bard in Europe and Brazil. Amazon's stock surged after its 'Prime Day' event registered a 13% jump from last year. Microsoft's shares rose after a federal judge ruled in favor of the company in a lawsuit filed by the FTC. Wells Fargo and JP Morgan Chase shares rose after beating consensus estimates in their earnings reports. Citigroup's shares dropped after announcing a 36% drop in net income for the second quarter.

Portfolio Pulse from Natan Ponieman

July 14, 2023 | 7:50 pm

BAOS

Shares of Baosheng Media Group have been halted on a circuit breaker to the upside, with the stock now up 28.7%.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 7:47 pm

CRM

A significant number of investors have taken a bearish stance on Salesforce (NYSE:CRM), with 56% of detected trades showing bearish expectations. The targeted price range for Salesforce over the last 3 months is $165.0 to $250.0. The current price of CRM is down -0.82% at $228.48. Several financial institutions have maintained or downgraded their ratings on Salesforce, with price targets ranging from $240 to $255.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 7:46 pm

MLTX

MoonLake Immunotherapeutics is reportedly exploring a sale, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 7:40 pm

FTCH

Farfetch shares are trading lower due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 7:39 pm