Streetbeat News

Stock Prices

LHX

L3Harris Technologies (NYSE:LHX) has outperformed the market over the past 15 years, delivering an average annual return of 14.65%. A $1000 investment in LHX 15 years ago would be worth $7,545.47 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 6:00 pm

NVO

Novo Nordisk (NYSE:NVO) has significantly outperformed the market over the past decade, delivering an average annual return of 20.0%. A $100 investment in NVO 10 years ago would be worth $615.11 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 6:00 pm

NNE

NANO Nuclear Energy Inc. (NASDAQ:NNE) shares surged on Friday after Benchmark analyst Michael Legg initiated coverage with a Buy rating and a $15 price target. The company, focused on the nuclear SMR sector, is expected to benefit from growing demand for SMRs and government funding. NNE shares rose 16.01% to $8.20.

Portfolio Pulse from Lekha Gupta

June 14, 2024 | 5:55 pm

BTCUSD

Bitcoin has dipped to $65,500, but blockchain analytics firm Lookonchain suggests it might be a good time to buy based on several indicators, including the Rainbow Chart, RSI, 200-week moving average, CVDD, and the 2-Year MA Multiplier. These indicators suggest Bitcoin is not overvalued and may have room for further growth.

Portfolio Pulse from Murtuza Merchant

June 14, 2024 | 5:54 pm

KALU

Kaiser Aluminum's (NYSE:KALU) short interest has risen by 13.4%, with 4.74% of its float sold short. This indicates increased bearish sentiment, although the company's short interest is still below the peer group average of 5.67%.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:45 pm

DKNG

DraftKings (NYSE:DKNG) has seen a 26.69% increase in its short percent of float, now at 4.51% with 21.32 million shares sold short. This indicates a rise in bearish sentiment, although it is still below the peer group average of 5.08%.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 5:45 pm

TSLA

Shanghai has granted Tesla permission to test its Full Self-Driving (FSD) software on 10 vehicles, potentially enhancing Tesla's competitiveness in China. This approval could transform the Chinese auto market and escalate price competition. Tesla is also constructing a factory in Shanghai for its Megapack energy storage batteries.

Portfolio Pulse from Nabaparna Bhattacharya

June 14, 2024 | 5:44 pm

SCLX

Scilex Holding announced the publication of Phase 3 trial results for SP-102 (SEMDEXA) in the PAIN Journal. The study showed significant pain reduction and improved disability index scores in sciatica patients, with safety comparable to placebo. SP-102 has Fast Track status from the FDA.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:43 pm

SCPX

Trading of Scorpius (SCPX) shares has been halted pending news. Investors are advised to stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:43 pm

COIN

MARA

RIOT

Shares of crypto-related stocks are trading lower amid a drop in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:42 pm