Streetbeat News

Stock Prices

AVB

AvalonBay Communities (NYSE:AVB) has seen an 8.67% increase in its short percent of float, now at 1.63% of all regular shares available for trading. This is lower than the peer group average of 3.60%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:45 pm

IPWR

Ideal Power shares are trading higher after the company announced it secured a global distribution deal with RYOSHO USA.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:44 pm

ALL

D

DUK

GNRC

HD

LOW

PGR

TRV

Tropical Storm Debby is moving up the East Coast, threatening major cities with catastrophic flooding. Insurance companies like Allstate, Travelers, and Progressive may see increased claims, while Generac could see higher demand for generators. Dominion Energy and Duke Energy are likely to be impacted by power outages, and Home Depot and Lowe's may experience increased sales for repair materials.

Portfolio Pulse from Hayden Buckfire

August 08, 2024 | 3:44 pm

BTCUSD

Crypto chart analyst Ali Martinez predicts Bitcoin could rise to $60,000 as long-term holders continue to accumulate, despite recent market volatility. However, other analysts foresee potential dips to $45,000 or even $40,000. Data shows a decrease in large transaction volume and daily active addresses, but a significant increase in exchange netflows.

Portfolio Pulse from Khyathi Dalal

August 08, 2024 | 3:41 pm

AAPL

ARM

AVGO

CDNS

DDOG

META

MRVL

MSFT

NVDA

ON

QQQ

SMH

Tech stocks rallied on Thursday, driven by a sharper-than-expected decline in weekly jobless claims, easing recession fears. The Nasdaq 100 index, tracked by Invesco QQQ Trust (QQQ), surged 2.4%, while the VanEck Semiconductor ETF (SMH) rose 4.3%. Leading gainers included ON Semiconductor (ON), Arm Holdings (ARM), Datadog (DDOG), Marvell Technology (MRVL), and Cadence Design Systems (CDNS). Major contributors to the tech index surge were NVIDIA (NVDA), Broadcom (AVGO), Microsoft (MSFT), Meta Platforms (META), and Apple (AAPL).

Portfolio Pulse from Piero Cingari

August 08, 2024 | 3:38 pm

CMPO

CompoSecure shares are trading higher following better-than-expected Q2 financial results. Needham maintained a Buy rating and raised its price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:37 pm

GLT

Glatfelter shares are trading higher after the company reported a year-over-year increase in Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:36 pm

BITF

Bitfarms shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:36 pm

BLNK

Blink Charging shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:35 pm

QSR

Restaurant Brands International Inc. (NYSE:QSR) shares are trading higher after reporting Q2 results. The company missed EPS estimates but beat revenue expectations. Key metrics showed growth, and the company announced future investment plans.

Portfolio Pulse from Nabaparna Bhattacharya

August 08, 2024 | 3:35 pm