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Stock Prices

HPK

MRCY

MYRG

Insider trades reveal significant purchases in HighPeak Energy, Mercury Systems, and MYR Group, indicating potential confidence in these companies despite recent challenges. HighPeak Energy's CEO invested $2.05M, Mercury Systems saw a 10% owner buy $506,600 worth of shares, and MYR Group's director purchased $100,199 in shares.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 10:51 am

CSCO

PALT

Paltalk's stock is trading lower despite winning a $65.7M verdict against Cisco in a District Court. The verdict is still subject to post-trial proceedings, which may be causing uncertainty among investors.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 10:51 am

ADSK

DELL

ESTC

LULU

MDB

MRVL

NVDA

QQQ

SPY

ULTA

Wall Street is set for a positive start as inflation data looms, with futures indicating a potential rally if inflation doesn't force a reassessment. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) are up in premarket trading. Nvidia's earnings report led to a decline, while other tech stocks like Dell, Autodesk, Lululemon, Marvell, and MongoDB saw gains. Analysts warn of potential volatility in the fall, with upcoming economic data and rate cuts influencing market direction.

Portfolio Pulse from Shanthi Rexaline

August 30, 2024 | 10:45 am

INTC

NVDA

TSM

Intel is considering a major business split, including separating its product design and manufacturing units, amid strategic reviews. The company is also contemplating scrapping factory projects and potential mergers and acquisitions. Despite a recent stock price gain, Intel faces challenges, including workforce downsizing and competition from companies like Taiwan Semiconductor and Nvidia.

Portfolio Pulse from Anusuya Lahiri

August 30, 2024 | 10:42 am

VGK

The Eurozone Consumer Price Index (CPI) for August showed a preliminary increase of 0.2% month-over-month, compared to 0.0% in the previous month. This indicates a slight rise in inflation within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 10:37 am

VGK

The Eurozone Consumer Price Index (CPI) for August was reported at 2.2% year-over-year, matching the estimated figure and showing a decrease from the previous 2.6%.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 10:36 am

VGK

The Eurozone Core Consumer Price Index (CPI) for August was reported at 2.8% year-over-year, matching the estimated figure and slightly below the prior month's 2.9%.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 10:33 am

JKS

JinkoSolar Holding Co (NYSE:JKS) reported Q2 sales of $3.31 billion, missing the analyst consensus estimate of $3.91 billion by 15.40%. This represents a 21.79% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 10:31 am

ALNY

Alnylam Pharmaceuticals announced positive results from its HELIOS-B Phase 3 study of Vutrisiran, showing significant reductions in all-cause mortality and cardiovascular events.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 10:07 am

JKS

Jinkosolar has repurchased a total of 5,596,739 American Depositary Shares (ADS) for approximately $134.5 million in the open market as part of its share repurchase program.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 10:01 am