Streetbeat News

Stock Prices

SRE

Sempra's short interest has decreased by 5.24%, with 11.35 million shares sold short, representing 1.99% of its float. This is lower than its peers' average of 2.74%. The decrease in short interest may indicate a more bullish sentiment towards Sempra.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:30 pm

BNTX

BioNTech shares are experiencing a decline following the FDA's decision to place a clinical hold on their Phase 3 trial, PRESERVE-003.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 7:29 pm

AMD

NVDA

SOXX

TSM

Bank of America has raised Nvidia's price target to $190, citing its dominant position in AI chips and future growth potential. Analyst Vivek Arya highlights Nvidia's strong market lead, potential $400 billion TAM by 2024, and significant cash generation potential. Nvidia's partnerships and software offerings are also seen as undervalued.

Portfolio Pulse from Piero Cingari

October 18, 2024 | 7:28 pm

BLK

HOOD

MSTR

Cryptocurrency markets are bullish, with Bitcoin nearing $70,000, driven by BlackRock's Bitcoin ETF accumulating $1 billion. Key developments include Bitcoin's dominance reaching a 3-year high and Robinhood's Bitstamp deal. Market movements may be influenced by the upcoming U.S. election.

Portfolio Pulse from Khyathi Dalal

October 18, 2024 | 7:27 pm

CBOE

HOOD

Robinhood Markets (NASDAQ:HOOD) is expanding its offerings to include futures trading, in partnership with Cboe Global Markets (BATS:CBOE), to attract more sophisticated traders. Bitcoin remains the most traded asset on the platform, highlighting the strong interest in cryptocurrency among its users.

Portfolio Pulse from Chris Katje

October 18, 2024 | 7:23 pm

BX

Blackstone Inc (NYSE:BX) reported strong third-quarter earnings, with analysts raising price targets due to the company's best investment returns in three years. Blackstone's capital deployment and asset monetizations have increased, and the company is on track for further management fee growth. Despite some slower real estate trends, Blackstone's strategic growth initiatives are delivering results.

Portfolio Pulse from Priya Nigam

October 18, 2024 | 7:13 pm

NOK

T

VZ

Nokia's stock rebounded on Friday after a disappointing quarterly report. The company reported an 8% decline in net sales, missing estimates, and faced challenges in North America and China. Nokia is focusing on data centers and defense for growth and plans significant job cuts to save costs.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 7:11 pm

CVRX

CVRx shares rose following the announcement of new Current Procedural Terminology Category I codes for Barostim, a treatment for heart failure symptoms.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 7:06 pm