Streetbeat News

Stock Prices

ANNX

CORZ

SAIA

UPST

WULF

U.S. stocks were mixed on Tuesday, with the Dow Jones index gaining around 20 points. Several stocks saw significant gains, including Saia Inc, Annexon, Core Scientific, and others. Saia Inc reported an 18% increase in LTL shipments per workday in April, leading to a 12.3% rise in its shares. Annexon surged 40% after its Phase 3 trial met its primary endpoint. Core Scientific climbed 29% following the signing of 12-year contracts with CoreWeave. Other notable gainers included Terawulf, Zai Lab, Hillevax, and more.

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 2:09 pm

SPOT

Spotify shares are trading higher after JP Morgan maintained its Overweight rating on the stock and raised its price target from $365 to $375.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:05 pm

CNQ

Canadian Natural Resources shares are trading lower as natural gas stocks fall amid reports indicating a Norway pipeline will be repaired by Friday, alleviating supply concerns.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:04 pm

FCX

SCCO

Shares of copper companies are trading lower amid a drop in copper prices.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:01 pm

AAPL

MSFT

NVDA

SMH

SOXX

TSM

Taiwan Semiconductor Manufacturing Co's (TSMC) C.C. Wei has assumed the roles of Chairman and CEO, marking a significant leadership change. Wei reiterated expectations for AI-driven industry recovery by 2024 and discussed price hikes for AI chip production with Nvidia's CEO. TSMC's stock traded lower on Tuesday despite a recent rise. The company remains committed to Taiwan for its production and is focusing on future investments over share buybacks. Geopolitical tensions and supply challenges in the semiconductor industry are ongoing concerns.

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 2:01 pm

SPY

Factory orders for April increased by 0.7%, matching both the estimate and the prior month's growth rate.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 2:01 pm

BWMX

Betterware de Mexico SAPI (NASDAQ:BWMX) has been analyzed by 5 analysts in the last three months, with all ratings being bullish. The average 12-month price target remains at $22.50. The company has shown strong financial performance with a 10.36% revenue growth rate and an 8.16% net margin.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:01 pm

TSM

Deep-pocketed investors have adopted a bearish approach towards Taiwan Semiconductor (NYSE:TSM), as revealed by Benzinga's options scanner. The scanner highlighted 9 extraordinary options activities, with 55% of the sentiment being bearish. The price window eyed by these investors ranges from $120.0 to $160.0. TSM's stock is currently down 1.48% at $152.66.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:01 pm

CASY

Analysts have provided mixed ratings for Casey's General Stores (NASDAQ:CASY) in the latest quarter, with a combination of bullish and somewhat bullish perspectives. The average 12-month price target has increased to $336.12, with a high estimate of $375.00 and a low estimate of $305.00. Despite a slight decline in revenue growth, the company shows strong profitability, effective cost control, and robust financial management.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm

CTV

Over the past three months, 5 analysts have shared their evaluations of Innovid (NYSE:CTV), revealing a range of outlooks from bullish to bearish. The average 12-month price target has increased by 14.63% to $2.82. Analysts have maintained or raised their ratings, with the highest price target set at $3.00. Innovid has shown a solid revenue growth rate of 20.51%, but struggles with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:00 pm