Streetbeat News

Stock Prices

AMD

Investors are showing a bullish stance on Advanced Micro Devices (NASDAQ:AMD) with significant options activity. Benzinga's options scanner detected 11 trades, predominantly calls, indicating a price range of $155 to $200. Analysts have mixed ratings, with price targets ranging from $176 to $200.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 1:45 pm

CLF

Cleveland-Cliffs shares are trading lower after JP Morgan downgraded the stock from Overweight to Neutral.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:45 pm

CCI

Crown Castle has updated its full-year 2024 outlook, with key changes including a $30 million decrease in site rental revenues, a $95 million decrease in net income due to restructuring charges, a $5 million increase in Adjusted EBITDA, and a $25 million increase in AFFO. The AFFO per share is now expected to be between $6.91 and $7.02.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:44 pm

CCI

Crown Castle shares rose by 1.5% following the company's announcement that it will reduce its workforce by 10%.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:41 pm

AISP

CXW

DSY

KITT

TH

TPET

U.S. stocks traded lower with the Dow Jones falling over 200 points. The NFIB Small Business Optimism Index rose to 90.5 in May. Trio Petroleum, Nauticus Robotics, and Airship AI Holdings saw significant gains, while Target Hospitality, Big Tree Cloud Holdings, and CoreCivic experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 1:41 pm

BMEA

CLF

NXRT

PWSC

SQSP

Top Wall Street analysts have downgraded several notable stocks, including Cleveland-Cliffs Inc. (CLF), PowerSchool Holdings, Inc. (PWSC), Biomea Fusion, Inc. (BMEA), Squarespace, Inc. (SQSP), and NexPoint Residential Trust, Inc. (NXRT). These downgrades have led to varying impacts on the stock prices of these companies.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 1:39 pm

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) has signed a preliminary memorandum with the Department of Commerce to receive up to $23.9 million in funding under the CHIPS and Science Act. This investment will create over 100 manufacturing jobs and enable Rocket Lab to expand its semiconductor production by 50% over the next three years. The company also plans to claim a 25% Investment Tax Credit for qualified capital expenditures.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 1:37 pm

MSTR

MicroStrategy (NASDAQ:MSTR) shares are trading lower due to a drop in Bitcoin prices. The company holds a significant amount of Bitcoin, and its executive chairman recently settled a tax fraud lawsuit. Despite the current dip, analysts predict an 11.9% upside by 2025.

Portfolio Pulse from Erica Kollmann

June 11, 2024 | 1:37 pm

JKS

JinkoSolar (NYSE:JKS) announced a new record in solar module efficiency, achieving a 25.42% conversion rate with its N-type TOPCon module. This breakthrough, verified by TÜV SÜD, highlights the company's innovative edge and growth potential in sustainable technology.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:33 pm

AAPL

BTCUSD

ETHUSD

TSLA

YEXT

The article covers a range of topics including the volatility of Bitcoin, Ethereum, and Dogecoin, with predictions of a significant rise for Bitcoin. It also discusses Yext's downbeat results, Apple's AI strategy, and various developments in the tech and EV sectors.

Portfolio Pulse from Akanksha Bakshi

June 11, 2024 | 1:33 pm