Streetbeat News

Stock Prices

ANET

Arista Networks (NYSE:ANET) has significantly outperformed the market over the past 10 years, delivering an average annual return of 35.64%. A $100 investment in ANET 10 years ago would be worth $2,123.20 today. The company's current market capitalization is $105.54 billion.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 2:00 pm

RF

Regions Financial (NYSE:RF) has been analyzed by six analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $21.67, reflecting a 4.84% rise from the previous target. Analysts have adjusted their ratings and price targets, with some raising and others lowering their expectations. Despite a decline in revenue and below-average profitability metrics, the company's debt management remains sound.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 2:00 pm

SPY

Illinois Governor J.B. Pritzker has endorsed Kamala Harris for President. This political endorsement could have broader implications for market sentiment and specific sectors.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:59 pm

CRWD

EIS

SPY

VZ

Benzinga Market Summary: President Biden drops out of the race and endorses Vice President Harris. Crowdstrike shares continue to fall following a global outage. Israel's Prime Minister Netanyahu is set to visit Washington. Verizon slips on a revenue miss.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:51 pm

F

GM

TSLA

Ford and GM are expected to report lower profits for Q2 due to challenges in their EV strategies and cyber outages affecting dealerships. Ford's profits may drop by 10% and GM's by 7.7%. The EV market slowdown and competition from Chinese EV makers and Tesla are contributing factors. GM is reducing its EV production target, and Ford is delaying new EV launches.

Portfolio Pulse from Shivani Kumaresan

July 22, 2024 | 1:47 pm

DOV

FTIF

TEX

UTRN

Terex Corporation (NYSE:TEX) is acquiring Environmental Solutions Group (ESG) from Dover Corporation (NYSE:DOV) for $2 billion in an all-cash deal. The acquisition is expected to enhance Terex's financial profile and expand its North American footprint. The transaction is anticipated to close in the second half of 2024.

Portfolio Pulse from Lekha Gupta

July 22, 2024 | 1:45 pm

MIRA

PSIG

SERV

SPWR

TELL

XCUR

U.S. stocks traded higher with the Nasdaq Composite gaining over 1%. The Chicago Fed National Activity index fell to 0.05 for June, better than expected. MIRA Pharmaceuticals, Tellurian, and Serve Robotics saw significant stock price increases, while Exicure, SunPower, and PS International Group experienced declines.

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 1:44 pm

SVV

Savers Value Village is trading lower after JP Morgan downgraded the stock from Overweight to Neutral and lowered its price target from $21 to $12.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:41 pm

MIRA

MIRA Pharmaceuticals shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 135.2%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:36 pm

IQV

IQVIA shares are trading higher after the company released better-than-expected Q2 financial results and raised its 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 1:32 pm