Streetbeat News

Stock Prices

LULU

Lululemon Athletica's stock rose by 3.28% following the resolution of a port strike, which threatened supply chain disruptions. The tentative agreement between dockworkers and port operators ensures smooth operations ahead of the holiday season, benefiting retailers like Lululemon.

Portfolio Pulse from Henry Khederian

October 04, 2024 | 4:18 pm

MSGE

Madison Square Garden Inc. (NYSE:MSGE) is trading at $41.51, with a 0.27% increase in the current session. Over the past month, MSGE stock rose by 3.72% and by 27.49% over the past year. The company's P/E ratio is lower than the Entertainment industry's average, suggesting potential undervaluation or low future growth expectations.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 4:15 pm

CDE

Coeur Mining (CDE) shares fell by 7.06% after announcing a $1.7 billion acquisition of SilverCrest Metals. The deal, pending court approval, will make Coeur a leading global silver producer. The acquisition is expected to boost free cash flow and accelerate debt reduction.

Portfolio Pulse from Henry Khederian

October 04, 2024 | 4:13 pm

BMWKY

MBGAF

European automakers criticize the EU's decision to impose tariffs on Chinese EVs, arguing it harms competitiveness. Despite this, stocks of Mercedes-Benz and BMW rose. The EU aims to address subsidization issues with China, but member states are divided on the tariffs.

Portfolio Pulse from European Capital Insights

October 04, 2024 | 4:11 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

The recent jobs report exceeded expectations, leading to a stock market rally and aggressive buying in AI stocks. The report challenges the Fed's recent interest rate cut, suggesting no labor weakness. Positive money flows are observed in major tech stocks and ETFs like SPY and QQQ.

Portfolio Pulse from The Arora Report

October 04, 2024 | 4:05 pm

APOG

BENF

HKD

PEV

SAVE

ZIM

U.S. stocks rose with the Nasdaq gaining over 100 points. Spirit Airlines shares plunged 27% amid bankruptcy concerns. Phoenix Motor, Apogee Enterprises, and Beneficient saw significant stock gains due to positive financial news. Crude oil prices increased by 1.2%.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 4:02 pm

TELA

TELA Bio (NASDAQ:TELA) has been the subject of recent analyst reviews, with 6 analysts providing ratings ranging from bullish to bearish. The average 12-month price target has decreased by 16.48% to $11.0. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. TELA Bio, a medical technology company, has shown revenue growth but faces challenges with profitability, debt management, and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 4:01 pm

NBIX

Neurocrine Biosciences (NASDAQ:NBIX) has received diverse analyst ratings over the past three months, with a mix of bullish and bearish outlooks. Analysts have set a 12-month average price target of $166.7, reflecting a 2.93% increase from the previous target. The company's financial performance is strong, with significant revenue growth and profitability metrics exceeding industry averages.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 4:01 pm

META

Meta Platforms Inc. has launched Movie Gen, a generative AI tool for creating videos, images, and audio from text prompts. This innovation is part of Meta's strategy to enhance user engagement and product adoption, potentially driving revenue growth.

Portfolio Pulse from Michael Cohen

October 04, 2024 | 4:01 pm

FE

FirstEnergy Inc. (NYSE:FE) shares are trading at $43.31, with a recent drop of 0.25%. Despite a 1.99% decline over the past month, the stock has risen by 24.56% over the past year. The company's P/E ratio of 27.83 is higher than the Electric Utilities industry's average of 19.37, suggesting potential overvaluation.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 4:01 pm