Streetbeat News

Stock Prices

QQQ

SPY

The S&P 500 and Nasdaq indices are trading higher following the release of US jobs data.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 6:32 pm

BIG

Big Lots is planning to close stores and may file for bankruptcy due to the impact of elevated inflation on shoppers.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 6:32 pm

AR

Antero Resources (NYSE:AR) has significantly outperformed the market over the past 5 years, delivering an average annual return of 43.24%. A $100 investment in AR stock 5 years ago would be worth $613.21 today. The company's market capitalization is currently $10.42 billion.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 6:30 pm

PGR

Progressive (NYSE:PGR) has significantly outperformed the market over the past 10 years, delivering an average annual return of 23.9%. A $1000 investment in PGR 10 years ago would now be worth $8,297.74. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 6:30 pm

LLY

NVO

Shares of Eli Lilly (LLY) and Novo Nordisk (NVO) are trading higher after a study revealed that patients using GLP-1 treatments have a lower risk of developing obesity-related cancers.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 6:29 pm

AAPL

Apple Inc. (NASDAQ:AAPL) shares are surging on Friday due to several key developments. Epic Games has accused Apple of blocking its game store on iPhones and iPads in Europe, citing violations of the Digital Markets Act. Additionally, Apple is working on the next generation of its Vision Pro headset and has increased production orders for its new A18 processor, raising expectations for the iPhone 16.

Portfolio Pulse from Vaishali Prayag

July 05, 2024 | 6:25 pm

NVDA

SAVE

ULCC

Top Wall Street analysts have downgraded their ratings for Spirit Airlines (SAVE), NVIDIA Corporation (NVDA), and Frontier Group Holdings (ULCC). These downgrades have led to notable declines in the stock prices of these companies.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 6:21 pm

ARKQ

PLTR

Palantir Technologies, Inc. (NYSE:PLTR) shares are trading higher, up more than 17% over the past month. Wedbush analyst Daniel Ives named Palantir as a top tech pick for 2024, expecting tech stocks to rise another 15%. Ark Invest's ARKQ fund purchased 199,372 shares of Palantir. The stock has gained over 50% year-to-date, trading above its 50-day moving average and just below its 52-week high. Palantir's RSI indicates overbought conditions.

Portfolio Pulse from Erica Kollmann

July 05, 2024 | 6:20 pm

TBLA

Needham analyst Laura Martin maintained a Buy rating on Taboola.com Ltd (NASDAQ:TBLA) but lowered the price target from $6 to $5. Despite strong Q2 projections, Martin reduced her revenue and earnings estimates for the second half of fiscal 2024 and fiscal 2025 due to integration delays with Yahoo's demand side. TBLA shares are trading lower by 4.18% at $3.33.

Portfolio Pulse from Anusuya Lahiri

July 05, 2024 | 6:16 pm

GDDY

GoDaddy's (NYSE:GDDY) short interest has risen by 22.93%, with 3.57 million shares sold short, representing 3.27% of its float. This increase in short interest suggests a more bearish sentiment among investors. However, GoDaddy's short interest is still lower than the peer group average of 6.56%.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 6:15 pm