Streetbeat News

Stock Prices

CMG

Chipotle Mexican Grill shares are trading higher after Argus Research maintained a Buy rating on the stock and raised its price target from $3,668 to $3,888.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:17 pm

GOVX

GeoVax Labs shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 39.6%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:17 pm

GOVX

Geovax Labs has received a BARDA Project NextGen award to conduct a Phase 2b clinical study for its next-generation COVID-19 vaccine candidate, GEO-CM04S1. The direct award is approximately $24.3 million, with potential to increase to $45 million.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:17 pm

PYPL

Significant options activity has been observed in PayPal Holdings (NASDAQ:PYPL), with a majority of trades being bullish. Analysts have mixed ratings, with price targets ranging from $78 to $90. The stock is currently trading at $59.3, down by 1.37%, and may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 5:16 pm

SPY

Fed's Kugler indicates that if wage growth continues to moderate, it will soon align with price stability. Most indicators suggest a slow, steady easing in the labor market, with supply and demand coming into better balance. Kugler is optimistic about productivity growth due to new businesses and AI. He expects some cooling of economic activity to continue and is monitoring for any signs of labor market deterioration.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:11 pm

XBIT

XBiotech Inc (NASDAQ:XBIT) announced positive data from its Phase 1/Phase 2, 1-BETTER Study for advanced pancreatic cancer, showing improved tolerability and potential survival benefits with its Natrunix antibody in combination with chemotherapy. Despite the positive results, XBIT shares are down 9.54% at $5.50.

Portfolio Pulse from Vandana Singh

June 18, 2024 | 5:08 pm

BTCUSD

ETHUSD

Hashdex has filed for a combined spot Bitcoin and Ethereum ETF, named the Hashdex Nasdaq Crypto Index US ETF. This ETF will be market cap-weighted, with Bitcoin making up 70.54% and Ethereum 29.46%. The approval of this ETF would mark another milestone in the integration of digital assets into mainstream financial products.

Portfolio Pulse from Murtuza Merchant

June 18, 2024 | 5:08 pm

SPY

TLT

The US 20-year bonds have drawn a yield of 4.452%, slightly lower than the pre-sale when-issued yield of 4.480%.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:06 pm

DOGEUSD

Dogecoin (DOGE) is currently in a descending triangle pattern, which is generally bearish. However, if a bounce occurs, DOGE could break out and head towards $0.237. Resistance levels are at $0.182 and $0.206, while support levels are at $0.096 and $0.072. Market sentiment is largely bearish, influenced by Bitcoin's performance. Large transaction volumes and daily active addresses have increased significantly.

Portfolio Pulse from Khyathi Dalal

June 18, 2024 | 5:04 pm

BA

Boeing CEO David Calhoun will testify before Congress about the company's safety measures amidst multiple investigations and recent share sales by Congress members. The hearing could impact Boeing's stock as investors and analysts closely watch for insights on the company's accountability and future actions.

Portfolio Pulse from Chris Katje

June 18, 2024 | 5:02 pm