Streetbeat News

Stock Prices

AAPL

Apple has reportedly increased production orders for its new A18 processor following the debut of Apple Intelligence at the 2024 Worldwide Developers Conference (WWDC24). This move has heightened expectations for the iPhone 16.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:38 pm

AEM

AU

CDE

EGO

EXK

FNV

GFI

GOLD

HL

IAG

KGC

MUX

NEM

PAAS

SBSW

WPM

Shares of precious metals stocks are trading higher as gold and silver rise following US jobs data.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:31 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has significantly outperformed the market over the past 20 years, with an annualized return of 30.21%. A $100 investment in ISRG 20 years ago would be worth $19,770.93 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:30 pm

MTDR

Matador Resources (NYSE:MTDR) has outperformed the market over the past 5 years, delivering an average annual return of 25.43%. A $100 investment in MTDR 5 years ago would be worth $307.03 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:30 pm

DG

Dollar General (NYSE:DG) has seen a rise in its short percent of float by 11.51%, now at 3.39% of all regular shares available for trading. This indicates increased bearish sentiment among investors. However, compared to its peers, Dollar General has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:30 pm

GLD

SLV

Gold and silver are trading higher following the release of US employment data.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:26 pm

AAPL

META

The European Union is set to issue a formal warning to Elon Musk's social media platform X (formerly Twitter) for failing to control harmful content. This could lead to fines of up to 6% of X's revenue. The EU is also investigating Meta Platforms Inc. (NASDAQ:META) and Apple Inc. (NASDAQ:AAPL) for similar issues.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 3:25 pm

INST

Instructure Holdings, Inc. (NYSE:INST) shares are trading higher following reports that KKR and Francisco Partners are competing to acquire the company. Although a sale is not certain, both firms are expected to submit offers next week. Thoma Bravo, which holds an 83% stake, may not agree to sell. All parties declined to comment.

Portfolio Pulse from Dylan Berman

July 05, 2024 | 3:22 pm

HCM

HUTCHMED shares are trading higher after the company announced that its NDA for Tazemetostat for the treatment of relapsed or refractory follicular lymphoma was accepted in China with Priority Review status.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:21 pm

BTCUSD

Crypto trader Daan Crypto Trades remains optimistic about Bitcoin's long-term prospects despite recent market turbulence caused by the Mt. Gox news and selling activities by the U.S. and German governments. He believes the cycle has more to go into 2025 but stresses the need to clear the supply overhang. Daan advises investors to focus on long-term projects during this period.

Portfolio Pulse from Khyathi Dalal

July 05, 2024 | 3:20 pm