Streetbeat News

Stock Prices

LEXX

Lexaria Bioscience has announced initial results from a GLP-1 human pilot study, indicating a trend towards higher absorption of DehydraTECH-processed Rybelsus compared to the unprocessed version under fed conditions.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:24 pm

SMCI

Super Micro Computer shares declined following a short report by Hindenburg Research.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:22 pm

SRFM

Canaccord Genuity has maintained a Hold rating on Surf Air Mobility (NYSE:SRFM) and adjusted its price target to $2.2 following a reverse stock split of 1:7.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:20 pm

TGT

Jim Cramer announced on CNBC's 'Mad Money' that Target Corporation (NYSE:TGT) is rebounding strongly after surpassing market expectations in its recent earnings report. Target's stock has rallied significantly since last November, and its recent earnings report showed a 43% year-over-year growth. The company raised its full-year 2024 adjusted EPS outlook, fueling analyst optimism.

Portfolio Pulse from Benzinga Neuro

August 27, 2024 | 1:19 pm

AYRWF

Ayr Wellness Inc. (OTC:AYRWF), a U.S. multi-state cannabis operator, has seen a 136% stock surge over the past year but recently faced a 15% decline this quarter. Despite profitability challenges and a modest 1.6% revenue increase, Ayr is focusing on strategic growth, expanding into Ohio and Illinois.

Portfolio Pulse from Patricio Liddle

August 27, 2024 | 1:18 pm

BTCUSD

COIN

ETHUSD

NVDA

PARA

Coinbase is leading a significant donation surge in the blockchain industry for the 2024 election. Bitcoin ETFs have seen a surge in net inflows, while Ethereum ETFs have experienced outflows. The SEC, led by Gary Gensler, is preparing to take action against Kraken, following similar actions against Binance and Coinbase. Nvidia's stock is under scrutiny as traders anticipate its earnings, with a shift from tech stocks to dividend-paying stocks noted. Paramount's shares dipped after a merger deal with Skydance was announced.

Portfolio Pulse from Akanksha Bakshi

August 27, 2024 | 1:18 pm

USO

Goldman Sachs has lowered its oil price forecasts, citing increased US supply and faltering Chinese demand. The bank now expects Brent crude to range between $70 and $85 per barrel, with a 2025 average of $77. Despite robust US supply, potential geopolitical and inventory volatility could impact prices.

Portfolio Pulse from Piero Cingari

August 27, 2024 | 1:18 pm

SMCI

Hindenburg Research has released a report on Super Micro Computer, alleging accounting manipulation, sibling self-dealing, and sanctions evasion. Following the report, Super Micro Computer's shares have spiked lower.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:15 pm

PCVX

Vaxcyte's short interest has decreased by 6.01%, with 11.50 million shares sold short, representing 11.88% of its float. This is higher than its peers' average short interest of 5.98%. It would take 14.65 days to cover these positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 1:15 pm

OLLI

Ollie's Bargain Outlet (NYSE:OLLI) has seen a 13.77% decrease in its short percent of float, now at 5.7%. This is lower than its peers' average of 9.48%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 1:15 pm