Streetbeat News

Stock Prices

IWM

The Russell 2000 Index is outperforming large-cap benchmarks, driven by positive economic data and anticipation of Federal Reserve rate cuts. The iShares Russell 2000 ETF Trust (IWM) has surpassed its 50-day moving average, reflecting investor optimism. Small-cap stocks are benefiting from improved earnings and are expected to gain further from potential rate cuts.

Portfolio Pulse from Piero Cingari

August 19, 2024 | 8:14 pm

CUE

Cue Biopharma reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.20), beating estimates by 16.67%, and sales of $2.658M, surpassing expectations by 105.61%. This marks a 92.33% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:12 pm

SPRC

SciSparc has enrolled the first five patients in its clinical trial for the SCI-210 treatment, marking a significant milestone in its research and development efforts.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:12 pm

COCP

Cocrystal Pharma shares are experiencing an uptick following the company's announcement to highlight near-term clinical milestones at upcoming investment conferences.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:12 pm

MNST

Monster Beverage's stock is rising following the announcement of a $500 million share buyback program authorized by its board.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:11 pm

MNST

Monster Beverage Corporation has announced a $500 million share buyback program, indicating confidence in its financial health and future prospects. This move is likely to positively impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:10 pm

AREN

The Arena Group Holdings shares rose following the announcement of a year-over-year increase in Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:09 pm

PANW

Palo Alto Networks shares rise due to strong Q4 results, positive guidance, and a $500 million share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:08 pm

PANW

Palo Alto Networks' board has authorized an additional $500 million for share repurchases, indicating confidence in the company's financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:07 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher due to increased bullish options activity and a new partnership with AMOCO Federal Credit Union. The partnership aims to expand Upstart's reach by providing personal loans through its AI-driven platform.

Portfolio Pulse from Vaishali Prayag

August 19, 2024 | 8:07 pm