Streetbeat News

Stock Prices

BTCUSD

10x Research advises Bitcoin traders to monitor the 21-week moving average at $60,918, a critical support level. If Bitcoin falls below this, traders should consider reducing long positions due to conflicting economic signals and the ISM Manufacturing Index's impact on Bitcoin cycles.

Portfolio Pulse from Murtuza Merchant

October 02, 2024 | 4:00 pm

USO

The Saudi oil minister has warned that oil prices could fall to $50 per barrel if OPEC+ members do not adhere to production limits. This statement is seen as a threat of a potential price war to maintain market share.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:58 pm

AMAT

Applied Materials (AMAT) shares rose by 3.28% to $203.66 as semiconductor stocks rebounded after a market dip caused by geopolitical tensions. The initial sell-off was due to Iran's missile attack on Israel, but tech stocks, including AMAT, recovered as investors reassessed the situation.

Portfolio Pulse from Henry Khederian

October 02, 2024 | 3:54 pm

CAG

ConAgra's CEO expressed confidence in managing through a potential port strike without significant impact, having pre-purchased ingredients to mitigate disruptions. However, a prolonged strike could pose larger challenges.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:52 pm

ADP

FXI

ITA

RTX

The article discusses the potential investment opportunities in missile defense stocks, particularly highlighting RTX Corp (NYSE:RTX) due to its involvement in missile defense systems like the Iron Dome. The article also mentions the iShares US Aerospace & Defense ETF (BATS:ITA) as a recommended ETF for defense investments. Additionally, it touches on the strong employment data from Automatic Data Processing Inc (NASDAQ:ADP) and a buying stampede in Hong Kong stocks, with a focus on the iShares China Large-Cap ETF (NYSE:FXI).

Portfolio Pulse from The Arora Report

October 02, 2024 | 3:46 pm

X

U.S. Steel has stated that it does not anticipate significant impacts from the U.S. port strike, according to a Reuters report.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:44 pm

CIEN

JOBY

RPM

RPM International reported better-than-expected earnings, leading to a 7.2% rise in its stock. Other stocks like Joby Aviation and Ciena Corporation also saw gains due to positive developments.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 3:41 pm

COST

Costco has expanded its precious metal offerings by adding platinum bars to its product lineup. This move follows the company's previous success in selling gold and silver bars, indicating a growing interest in precious metals among its customers.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:40 pm

AMZN

META

TTD

Wedbush Securities' analyst Dan Ives reports positive momentum for digital advertising giants Meta, The Trade Desk, and Amazon, with strong growth expected into 2025. Advertisers plan to increase spending on these platforms, potentially exceeding market expectations.

Portfolio Pulse from Surbhi Jain

October 02, 2024 | 3:39 pm

NKE

UA

Under Armour shares are declining in response to Nike's revenue miss in its first-quarter report. Nike's revenue fell short of expectations, impacting Under Armour's stock as it moves lower in sympathy with Nike.

Portfolio Pulse from Dylan Berman

October 02, 2024 | 3:38 pm