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Stock Prices

ALBT

Avalon GloboCare Corp. (NASDAQ:ALBT) announced a 1-for-15 reverse stock split effective October 28, 2024, to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The reverse split will reduce outstanding shares from 16 million to 1.1 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:14 pm

GLD

SPY

UUP

The U.S. labor market shows strength with a significant drop in initial jobless claims, indicating fewer layoffs. However, continuing jobless claims have risen, suggesting some struggle to find employment. The market reacted positively, with S&P 500 futures rising, driven by strong earnings from Tesla.

Portfolio Pulse from Piero Cingari

October 24, 2024 | 1:12 pm

BABA

BIDU

JD

US-listed Chinese stocks Alibaba, JD.com, and Baidu are trading lower due to the IMF lowering China's 2024 economic growth forecast to 4.8%. Despite recent stimulus measures, concerns about consumer confidence and property market challenges persist.

Portfolio Pulse from Anusuya Lahiri

October 24, 2024 | 1:12 pm

TMUS

T-Mobile US, Inc. (NASDAQ:TMUS) reported strong Q3 earnings, beating expectations and raising FY24 guidance. Analysts have increased their price targets for the stock.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 1:08 pm

CNTM

ConnectM Technology Solutions shares are trading higher following the launch of its intelligent-driven heat pump.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:06 pm

SGD

Safe And Green Development Corporation has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:06 pm

ABEV

Ambev SA (NYSE:ABEV) is nearing a golden cross, a technical indicator suggesting potential bullish momentum. Despite recent stock declines, Ambev's strong market position in Latin America, focus on premium brands, and solid fundamentals, including a 6.71% dividend yield, make it an attractive option. With third-quarter earnings approaching, a positive surprise could push the stock into bullish territory.

Portfolio Pulse from Surbhi Jain

October 24, 2024 | 1:03 pm

CVKD

Cadrenal Therapeutics has raised $5.1 million through an ATM facility by selling 391,243 shares at an average price of $13.15 per share. The total shares outstanding are now 1,496,771, and the company's cash balance is $7.4 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:02 pm

TSCO

Tractor Supply Company (NASDAQ:TSCO) reported Q3 earnings per share in line with expectations but missed net sales estimates, leading to a premarket share decline. The company confirmed the acquisition of Allivet, an online pet pharmacy, to enhance its offerings for companion animals. Despite a slight decline in comparable store sales, gross profit and margin improved. Tractor Supply adjusted its 2024 net sales and EPS forecasts slightly upward.

Portfolio Pulse from Nabaparna Bhattacharya

October 24, 2024 | 1:02 pm

AG

Silver prices have surged over 6%, causing potential billion-dollar losses for five US banks with large short positions. This has raised concerns about market integrity and the impact on industries reliant on stable silver prices. Increased investor interest in precious metals is noted, with significant options activity in First Majestic Silver (NYSE:AG) indicating bullish sentiment.

Portfolio Pulse from Rounak Jain

October 24, 2024 | 1:01 pm