Streetbeat News

Stock Prices

GS

SPY

Goldman Sachs has updated its forecast to include a third quarter-point rate cut by the Federal Reserve in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:34 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for August 2nd, 2024, provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo highlights potential bullish and bearish targets for each asset based on proprietary formulas. The release of critical economic data, including the Non-Farm Payrolls report, is expected to create significant market volatility.

Portfolio Pulse from RIPS

August 02, 2024 | 2:30 pm

UNP

Union Pacific (NYSE:UNP) has significantly outperformed the market over the past 15 years, delivering an average annual return of 14.92%. A $1000 investment in UNP 15 years ago would be worth $7,777.01 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 2:30 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 20.22%. A $1000 investment in ACGL 5 years ago would be worth $2,585.54 today. The company's current market capitalization is $36.66 billion.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 2:30 pm

CVNA

Carvana's short interest has decreased by 13.93%, with 18.85 million shares sold short, representing 19.83% of its float. This is higher than the peer group average of 12.65%. It would take traders 4.67 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 2:30 pm

ARCB

ArcBest shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:29 pm

AES

The AES shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:29 pm

MP

MP Materials shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:29 pm

SEM

Select Medical shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:28 pm

HTGC

Hercules Capital shares are trading lower after the company reported worse-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:28 pm