Streetbeat News

Stock Prices

VEEV

Veeva Systems (NYSE:VEEV) has significantly outperformed the market over the past decade, delivering an average annual return of 21.87%. A $1000 investment in VEEV 10 years ago would be worth $7,301.35 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 4:30 pm

CPRT

Copart (NASDAQ:CPRT) has significantly outperformed the market over the past 20 years, delivering an average annual return of 19.27%. A $1000 investment in CPRT 20 years ago would be worth $34,202.94 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 4:30 pm

IWO

VFVA

XPOF

Xponential Fitness, Inc. (NYSE:XPOF) shares surged after announcing Mark King as the new CEO, effective June 17, 2024. King, with a strong background in leading global consumer brands, will succeed Brenda Morris. XPOF stock has dropped over 46% in the past year but rose 26.5% following the announcement. Investors can also gain exposure through IShares Russell 2000 Growth ETF (NYSE:IWO) and Vanguard U.S. Value Factor ETF (BATS:VFVA).

Portfolio Pulse from Shivani Kumaresan

June 17, 2024 | 4:29 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) shares are trading lower, down more than 11% over the past five days. The company announced it has achieved the 'In Process' designation from FedRAMP for its EV charging solutions and expects full compliance by Q3 2024. Analysts have an average 12-month price target of $5.12, with a high of $7 and a low of $4. The stock is currently trading around its 50-day moving average of $2.87, with 20.19% of shares sold short.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 4:26 pm

AAPL

NVDA

Nvidia is set to receive a 20% weighting in a major tech fund, attracting billions in investor demand. Meanwhile, Apple will be demoted in the same fund.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 4:25 pm

BTCUSD

Prominent crypto trader ChimpZoo predicts a significant surge in Bitcoin's price due to favorable market conditions, including a technical reset, low funding rates, institutional buying, and positive sentiment among US politicians. Bitcoin has been consolidating around $30,000, and the upcoming launch of a spot-based Ethereum ETF is expected to inject further liquidity into the market.

Portfolio Pulse from Murtuza Merchant

June 17, 2024 | 4:22 pm

GE

Investors Business Daily's SwingTrader has added GE Aerospace to its portfolio, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 4:20 pm

GLNG

Golar LNG shares are trading higher following a 13G filing that revealed Naria Inc. has acquired a 9.9% passive stake in the company.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 4:20 pm

GILD

Gilead Sciences Inc's (NASDAQ:GILD) blood cancer drug Magrolimab, acquired through a $4.9 billion buyout of Forty Seven Inc, has shown higher deaths and side effects in halted trials. The drug failed to meet primary endpoints in Phase 3 trials, leading to a negative market reaction.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 4:19 pm

CAVA

Investor Business Daily's SwingTrader has added CAVA Group to its portfolio, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 4:18 pm