Streetbeat News

Stock Prices

HASI

Analysts have provided mixed ratings for HA Sustainable (NYSE:HASI) over the past quarter, with a range of price targets and sentiment shifts. The average 12-month price target has increased by 12.5% to $39.86. Despite a significant revenue decline, the company shows strong profitability and effective cost management.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 2:00 pm

SPY

The USA ISM Non-Manufacturing Employment Index for July came in at 51.1, significantly higher than the estimated 46.4 and the prior 46.1. This indicates a stronger-than-expected performance in the non-manufacturing employment sector.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:00 pm

HES

Hess (NYSE:HES) has outperformed the market over the past 5 years with an average annual return of 17.0%, resulting in a $100 investment growing to $220.23. The company currently has a market capitalization of $40.95 billion.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 2:00 pm

Home Depot (NYSE:HD) has significantly outperformed the market over the past 10 years, delivering an average annual return of 15.37%. A $1000 investment in HD stock 10 years ago would be worth $4,179.05 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 2:00 pm

SPY

The USA ISM Non-Manufacturing Prices Index for July came in at 57.0, higher than the estimated 56.0 and the prior month's 56.3.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:00 pm

AIXI

Xiao-I Corporation (NASDAQ:AIXI) announced a change in its ADS ratio from 1 ADS to 1/3 of an ordinary share to 1 ADS to 3 ordinary shares, effective around August 23, 2024. This change will have the same effect as a one-for-nine reverse ADS split.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 1:59 pm

THS

TreeHouse Foods Inc (NYSE:THS) reported a Q2 2024 sales decline of 1.9% year-over-year to $788.5 million, beating the consensus of $783.649 million. Despite challenges, the company reaffirmed its 2024 topline outlook. Gross margin contracted, and operating loss was reported. Adjusted EPS beat expectations. The company repurchased shares and provided optimistic Q3 and 2024 outlooks.

Portfolio Pulse from Akanksha Bakshi

August 05, 2024 | 1:47 pm

NIO

NVDA

TSLA

XPEV

Chinese EV stocks Nio, XPeng, and Li Auto are trading lower due to potential U.S. bans on Chinese software in autonomous vehicles. Tesla is also down over 8%. Nvidia faces delays in AI chip deliveries, impacting EV stocks. Despite recent boosts from Chinese stimulus plans, these companies are struggling with demand and offering discounts.

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 1:45 pm

ESNT

FIVN

HOOD

LMT

Top Wall Street analysts have upgraded their ratings for several major companies. RBC Capital upgraded Lockheed Martin (LMT) to Outperform with a price target of $600. Citigroup upgraded Robinhood Markets (HOOD) to Neutral with a price target of $18. Keefe, Bruyette & Woods upgraded Essent Group (ESNT) to Outperform with a price target of $70. B of A Securities upgraded Five9 (FIVN) to Buy with a price target of $63. JP Morgan upgraded Celanese Corporation (CE) to Neutral but lowered the price target to $130.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 1:42 pm

BITO

CLSK

COIN

IBIT

MARA

MSTR

RIOT

Crypto stocks, including Coinbase, Marathon Digital, Riot Platforms, CleanSpark, and MicroStrategy, plummeted as Bitcoin dipped below $50K, triggering a $270B market value decline. Ethereum also saw significant losses. The broader market sell-off was driven by recession fears and a weaker-than-expected jobs report.

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 1:41 pm