Streetbeat News

Stock Prices

AMD

Advanced Micro Devices, Inc. (AMD) experienced a significant Power Inflow, indicating a potential uptrend in its stock price. This event is seen as a bullish signal by traders using order flow analytics to track institutional activity. AMD's stock closed 2% higher at $157.94 after the Power Inflow was detected at $154.73.

Portfolio Pulse from Finit

October 21, 2024 | 10:53 pm

HUHU

HUHUTECH has priced its IPO at $4.0 per share, with 1.05 million shares to be listed on Nasdaq under the ticker 'HUHU'. The company expects to raise $4.2 million before expenses.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:02 pm

AMZN

NNE

OKLO

SMR

Oklo Inc. (NYSE:OKLO) shares rose as nuclear energy stocks gained momentum following Amazon's $500 million investment in nuclear power. Amazon Web Services signed agreements to build small modular reactors, sparking interest in nuclear energy for AI-driven energy demands. Oklo, a fast fission power plant developer, is speculated to secure a deal with a major tech company, boosting its stock. Other nuclear stocks like NuScale Power Corp. (NYSE:SMR) and Nano Nuclear Energy Inc. (NASDAQ:NNE) also saw gains.

Portfolio Pulse from Vaishali Prayag

October 21, 2024 | 9:55 pm

BOW

Bowhead Specialty announced a secondary public offering of 4 million common shares by certain stockholders, with an option for underwriters to purchase an additional 600,000 shares. The offering is subject to market conditions.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:51 pm

NUE

Nucor Corp (NYSE:NUE) shares fell after reporting Q3 earnings that beat estimates but provided weak Q4 EPS guidance. Q3 earnings were $1.49 per share, above the $1.47 estimate, with revenue at $7.44 billion, down from $8.78 billion last year. The company expects Q4 earnings to decline to $1.05 per share due to lower steel prices and volumes.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 9:35 pm

WTFC

Wintrust Financial reported Q3 2024 earnings per share of $2.47, missing the analyst estimate of $2.51. Sales were $615.73 million, also below the expected $622.08 million. Despite the misses, sales increased by 7.11% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:33 pm

VSACU

Trading for VSACU was halted and has now resumed. The halt was updated at 5:10 PM ET, indicating a temporary pause in trading activities.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:10 pm

VSAC

Trading for VSAC was halted and has now resumed. The halt was updated at 5:05 PM ET, indicating a temporary pause in trading activities. This could be due to pending news or other significant events related to the company.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:05 pm

LITE

Analysts have provided mixed ratings for Lumentum Holdings (NASDAQ:LITE) over the past three months, with a recent average price target of $60.67, reflecting a 13.23% increase. Despite positive analyst sentiment, Lumentum faces financial challenges, including declining revenue and profitability issues.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm

HTZ

Hertz Global Holdings (NASDAQ:HTZ) has received mixed analyst evaluations over the past three months, with ratings ranging from indifferent to somewhat bearish. The average 12-month price target has decreased by 24.96% to $4.75. Analysts from Barclays, Morgan Stanley, Susquehanna, and JP Morgan have adjusted their ratings and price targets, reflecting challenges in Hertz's financial performance, including declining revenue, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 9:01 pm