Streetbeat News

Stock Prices

DOGEUSD

Dogecoin (DOGE) is potentially gearing up for a significant rally, according to crypto analysts. A familiar pattern suggests a breakout from a multi-year descending triangle, followed by a surge and retracement. Analysts predict a possible breakout to $0.14, with increased large transaction volumes and active addresses supporting this outlook.

Portfolio Pulse from Khyathi Dalal

October 07, 2024 | 2:43 pm

MBLY

Mobileye Global shares fell after JP Morgan downgraded the stock from Neutral to Underweight and reduced its price target from $16 to $10.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:42 pm

NKE

Nike's stock has dropped 8% following its Q1 earnings report, which showed a revenue miss and significant sales declines across key markets. The company also withdrew its full-year guidance, signaling uncertainty. Despite beating earnings expectations, Nike faces challenges with consumer demand, competition, and leadership transition.

Portfolio Pulse from Henry Khederian

October 07, 2024 | 2:40 pm

AMZN

CVX

NFLX

NVDA

TSLA

Nvidia's GPU sales may be at risk as China promotes local AI chips in retaliation, potentially impacting Nvidia's market share. Meanwhile, Tesla, Amazon, and Netflix see gains, boosting investor optimism. Chevron sells $6.5B in assets to Canadian Natural Resources.

Portfolio Pulse from Akanksha Bakshi

October 07, 2024 | 2:39 pm

TRVN

Trevena Inc (NASDAQ:TRVN) shares plummeted by 43.3% after the company announced it received a Nasdaq delisting notification due to failure to meet minimum stockholder equity requirements. The stock will be delisted on October 8 and is expected to trade on the Pink Open Market.

Portfolio Pulse from Henry Khederian

October 07, 2024 | 2:38 pm

COTY

Coty shares rose following an upgrade by Jefferies from Hold to Buy, with a price target increase from $11 to $12.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:36 pm

CART

Maplebear shares rose following the announcement of three new capabilities for their Caper Cart product.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:35 pm

SIFY

Sify Technologies shares rise as the company announces the deployment of optical technology to connect seven metro area networks in India and upgrades its national distance network to support services up to 600G.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:33 pm

ORCL

Financial giants are showing a bullish trend on Oracle (NYSE:ORCL) with significant options trading activity. Analysts have mixed ratings, with price targets ranging from $157 to $202. Oracle's stock is currently trading at $171.28, with a neutral RSI. Earnings are expected in 63 days.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:30 pm

GS

Goldman Sachs Gr (NYSE:GS) has seen a surge in options activity, with 69% of traders showing bullish sentiment. The major market movers are focusing on a price band between $460.0 and $550.0. Analysts have set an average target price of $524.5, with upcoming earnings in 8 days.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:30 pm