Streetbeat News

Stock Prices

CRWD

CrowdStrike shares are trading lower following reports that Delta Air Lines is seeking compensation from the cybersecurity company for last week's outage.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:48 pm

NIPG

NIP Group shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:47 pm

LLY

Whales are showing a bullish stance on Eli Lilly and Co (NYSE:LLY) with significant options trading activity. The stock is currently trading at $813.75, up by 0.74%. Analysts have given it strong ratings with price targets ranging from $885 to $1025. The next earnings report is due in 9 days.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 1:45 pm

CVNA

Financial giants have shown a bullish trend in options trading for Carvana (NYSE:CVNA), with significant trades indicating a price target range of $90.0 to $145.0. Analysts have mixed ratings, with a consensus target price of $143.0. The stock is currently trading at $127.64, with an upcoming earnings release in 1 day.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 1:45 pm

BTC

ETHE

GBTC

The Grayscale Bitcoin Trust (GBTC) is down 10% in pre-market trading following Grayscale Investments' announcement of a spinoff into a new ETF, the Grayscale Bitcoin Mini Trust (BTC). Current GBTC shareholders will receive shares in the new ETF proportional to their GBTC holdings. The spinoff is expected to result in a value shift for investors, with 10% of GBTC's value moving to the new ETF.

Portfolio Pulse from Navdeep Yadav

July 30, 2024 | 1:44 pm

ADM

ADM reports ongoing demand issues in North America for its Carbohydrate Solutions segment but expects the Decatur East plant to resume operations in Q4.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:42 pm

NIPG

NIP Group shares were halted on a circuit breaker due to a significant drop in stock price, now down 9.39%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 1:38 pm

AEP

DIVZ

XLU

American Electric Power (AEP) reported mixed Q2 2024 results with revenue missing estimates but adjusted EPS beating expectations. The company announced job cuts and maintained its FY24 guidance. AEP also appointed a new CEO and plans significant future investments in energy resources.

Portfolio Pulse from Lekha Gupta

July 30, 2024 | 1:28 pm

MCD

McDonald's Corp (NYSE:MCD) reported worse-than-expected Q2 FY24 results, with sales and EPS missing analyst estimates. Global and U.S. comparable sales also declined. Despite this, McDonald's shares rose 3.7%. Analysts have lowered their price targets but maintained positive ratings.

Portfolio Pulse from Avi Kapoor

July 30, 2024 | 1:26 pm

BITF

CLSK

RIOT

Jefferies analysts suggest that Donald Trump's recent pro-crypto statements and promises could tie Bitcoin's price to the outcome of the 2024 U.S. presidential election. The Bitcoin mining industry is also seeing changes, with major companies like CleanSpark and Riot Platforms making strategic moves. The upcoming Benzinga Future of Digital Assets event will further explore these trends.

Portfolio Pulse from Murtuza Merchant

July 30, 2024 | 1:22 pm