Streetbeat News

Stock Prices

CDT

Conduit Pharmaceuticals Inc (NASDAQ:CDT) shares surged by as much as 57% to $0.37 before closing near flat after announcing patent approval for its lead asset targeting autoimmune diseases. The patent allows Conduit to expedite examination in key markets and provides up to 20 years of protection, enhancing its strategic value.

Portfolio Pulse from Henry Khederian

July 16, 2024 | 9:05 pm

MSFT

SONY

Microsoft's Activision has announced the beta dates for Call of Duty: Black Ops 6, marking the first time the beta will be available on all platforms simultaneously. The game will be available on Xbox Game Pass at launch, following Microsoft's acquisition of Activision Blizzard. Changes to the scorestreak system have sparked debate within the community.

Portfolio Pulse from Franca Quarneti

July 16, 2024 | 9:05 pm

LMFA

LM Funding America (LMFA) estimates the value of its 160.5 Bitcoin holdings to be approximately $10.2 million as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:05 pm

NVAX

Novavax (NASDAQ:NVAX) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.01%. A $100 investment in NVAX 5 years ago would be worth $356.62 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 9:03 pm

WAFD

WaFd (NASDAQ:WAFD) reported Q3 earnings per share (EPS) of $0.75, surpassing the analyst consensus estimate of $0.57 by 31.58%. However, this represents a 15.73% decrease from the $0.89 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:02 pm

INTC

Intel (NASDAQ: INTC) has received a variety of analyst ratings over the past quarter, with a mix of bullish, bearish, and neutral perspectives. The average 12-month price target has declined by 14.85% to $34.86. Several analysts have lowered their price targets and ratings, reflecting concerns about Intel's financial health and market position.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 9:02 pm

PCTY

Over the past three months, 12 analysts have evaluated Paylocity Holding (NASDAQ:PCTY), showing a range of opinions from bullish to bearish. Recent ratings reveal a shift in sentiment, with a notable decrease in the average 12-month price target. Analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 9:01 pm

AIT

FTAI

IWM

LNTH

The Russell 2000 Index marked its fifth consecutive day of gains, driven by expectations of a Federal Reserve interest rate cut. FTAI Aviation Ltd. (NYSE:FTAI) and Applied Industrial Technologies, Inc. (NYSE:AIT) saw significant gains, while Lantheus Holdings, Inc. (NASDAQ:LNTH) declined. The iShares Russell 2000 ETF (NYSE:IWM) also surged, reflecting the overall positive sentiment in small-cap stocks.

Portfolio Pulse from Michael Juliano

July 16, 2024 | 9:01 pm

SEDG

In the past three months, 29 analysts have provided ratings for SolarEdge Technologies (NASDAQ:SEDG), with a mix of bullish, bearish, and neutral sentiments. The average 12-month price target has dropped by 23.77% to $55.21. Recent analyst actions include multiple downgrades and lowered price targets, reflecting concerns over the company's financial performance and market conditions.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 9:01 pm

SPCE

TSLA

Elon Musk announced that SpaceX and X (formerly Twitter) will move their headquarters from California to Texas, citing dissatisfaction with California's new law and other regulatory issues. This follows Tesla's earlier move to Texas.

Portfolio Pulse from Chris Katje

July 16, 2024 | 8:53 pm