Streetbeat News

Stock Prices

PFE

SPY

Starboard Value has taken a $1 billion stake in Pfizer, indicating confidence in the company's future prospects. Meanwhile, the 10-year Treasury yield has risen, and the Supreme Court session has begun.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:25 pm

BIIB

RHHBY

SRRK

Scholar Rock's apitegromab shows promising results in a Phase 3 trial for spinal muscular atrophy, leading to a significant stock price increase. The company plans to submit FDA and European marketing applications in 2025.

Portfolio Pulse from Vandana Singh

October 07, 2024 | 2:23 pm

PEP

PepsiCo Inc (NASDAQ:PEP) is expected to announce Q3 earnings with $2.29 EPS and $23.83 billion in revenues. The stock is in a bearish trend, trading below key moving averages, but analysts maintain a Buy rating with a price target of $187.81, suggesting potential upside.

Portfolio Pulse from Surbhi Jain

October 07, 2024 | 2:22 pm

GNRC

Generac Holdings shares are experiencing an uptick in trading due to Hurricane Helene, as the company specializes in generators and power equipment.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:20 pm

APP

High-rolling investors are showing a bearish sentiment on AppLovin (NASDAQ:APP) through options trading, with 40% of trades being bearish. This unusual activity suggests potential insider information. Analysts have mixed ratings, with price targets ranging from $108 to $150.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:18 pm

VST

Financial giants are showing a bullish sentiment on Vistra (NYSE:VST) with significant options trading activity. 52% of traders are bullish, with a focus on call options. Analysts have mixed ratings, with price targets ranging from $99 to $146.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 2:18 pm

MYTE

MYT Netherlands shares rose following the announcement of its acquisition of YOOX NET-A-PORTER for €555 million.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:18 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides a detailed analysis of key stocks and ETFs, including SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines potential bullish and bearish price targets based on proprietary formulas, emphasizing the importance of monitoring price action and volume dynamics. With a light economic calendar, traders are advised to focus on technical levels and market reactions.

Portfolio Pulse from RIPS

October 07, 2024 | 2:16 pm

EQNR

KEAT

Equinor ASA has acquired a 9.8% stake in Ørsted A/S for $2.5 billion, making it the second-largest shareholder. This strategic investment aligns with Equinor's renewable energy growth plans, despite current challenges in the offshore wind industry. Equinor's shares fell 3.52% following the announcement.

Portfolio Pulse from Lekha Gupta

October 07, 2024 | 2:15 pm

CRNC

Cerence shares rose as the company appointed a new CEO and reaffirmed its Q4 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 2:12 pm