Streetbeat News

Stock Prices

IBM

IBM Inc.'s stock has seen a significant increase, with a 10.60% rise over the past month and 69.20% over the past year. Despite this, its P/E ratio of 25.97 is lower than the IT Services industry average of 59.33, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 2:45 pm

BABA

JD

PDD

Chinese e-commerce giants Alibaba, JD.com, and PDD are preparing for the Singles' Day shopping festival amid volatile stock sessions. Despite China's fiscal stimulus efforts, these stocks have been on a downward trend. The companies have launched early promotions for the festival, with Alibaba committing $5.7 billion in resources.

Portfolio Pulse from Anusuya Lahiri

October 15, 2024 | 2:44 pm

EWY

Activist investor Palliser Capital has acquired over a 1% stake in SK Square, the largest shareholder in AI chip maker SK Hynix, and is advocating for changes to enhance share value.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:43 pm

DRUG

Bright Minds Biosciences shares experienced a significant surge, with trading resuming and then halting again due to a circuit breaker. The stock is now up by 309.6%.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:43 pm

AMD

NVDA

SMH

Chip stocks experienced a decline due to ASML's soft guidance and reports of potential US export curbs. This has affected companies like AMD, NVDA, and ETFs such as SMH.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:40 pm

AMD

ASML

INTC

NVDA

Chip stocks are trading lower due to ASML's soft guidance and potential US export curbs.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:39 pm

BA

GCAD

ITA

Boeing shares rose after securing a $10 billion supplemental credit agreement with major banks. The agreement includes specific interest rates and restrictions on debt and mergers. Boeing also announced a mixed shelf offering and a 10% workforce reduction. Investors can access Boeing through ETFs like ITA and GCAD.

Portfolio Pulse from Lekha Gupta

October 15, 2024 | 2:38 pm

ASML

ASML shares are experiencing a decline due to the company's soft guidance for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:38 pm

DRUG

Bright Minds Biosciences shares were halted due to a circuit breaker after a significant price increase, with the stock rising by 204.8%.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:33 pm

HUBS

HubSpot (NYSE:HUBS) has significantly outperformed the market over the past decade, with an annualized return of 33.91%. A $100 investment in HUBS 10 years ago would now be worth $1,794.98, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 2:30 pm