Streetbeat News

Stock Prices

XPEV

XPeng shares rise as the company plans a European manufacturing site to mitigate import tariffs and launches a $20,000 vehicle with self-driving features.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:10 pm

HAIL

PSNY

Polestar Automotive Holding (NASDAQ:PSNY) shares surged after reporting a significant increase in Q2 deliveries, with a notable 82% rise quarter-over-quarter. The company also announced effective inventory management and a new CEO appointment. Polestar is optimistic about stronger sales in the second half of the year, particularly with the launch of new SUVs.

Portfolio Pulse from Lekha Gupta

August 29, 2024 | 4:09 pm

CRWD

CrowdStrike Holdings Inc (NASDAQ:CRWD) impressed analysts with its Q2 financial results, beating revenue and earnings estimates. Despite concerns about the impact of a Microsoft outage, analysts maintain positive ratings and price targets, highlighting strong customer engagement and recovery strategies. The company's valuation is seen as attractive given its long-term growth potential.

Portfolio Pulse from Chris Katje

August 29, 2024 | 4:06 pm

GANX

Gain Therapeutics, Inc. (NASDAQ:GANX) reported Phase 1 study results for its Parkinson's treatment, GT-02287, showing safety and tolerability. Despite positive data, GANX stock fell 13.40% to $1.16.

Portfolio Pulse from Vandana Singh

August 29, 2024 | 4:05 pm

SPRC

SciSparc shares declined following the announcement of a Standby Equity Agreement with a Selling Shareholder, allowing for the sale of up to $20 million in Ordinary Shares.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:03 pm

MDB

Whales are showing a bullish stance on MongoDB (NASDAQ:MDB) with 45% of options trades being bullish. The major market movers are focusing on a price band between $210 and $330. MongoDB's stock is currently up by 4.14% at $245.1, but RSI readings suggest it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:01 pm

BNTX

MRK

MRNA

Moderna and BioNTech are focusing on personalized cancer vaccines using mRNA technology to counteract declining COVID-19 vaccine sales. Despite promising developments, high costs and production challenges raise concerns about scalability and affordability.

Portfolio Pulse from Vandana Singh

August 29, 2024 | 4:01 pm

ARKB

BTC

ETHA

ETHE

FETH

GBTC

Bitcoin has surged to $61,000, with experts analyzing pre-election patterns and ETF flows. Ethereum also saw gains, with notable inflows into Ethereum spot ETFs. In contrast, Bitcoin spot ETFs experienced significant outflows. Analysts highlight historical election-related price patterns for Bitcoin.

Portfolio Pulse from Murtuza Merchant

August 29, 2024 | 4:01 pm

COO

Six analysts have recently shared their views on Cooper Companies (NASDAQ:COO), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $117.5, indicating positive sentiment. Cooper Companies, a major player in the eyecare industry, has shown strong financial performance with impressive revenue growth and profitability metrics.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:01 pm

NTAP

In the past three months, 16 analysts have provided ratings on NetApp (NASDAQ:NTAP), with a mix of bullish and bearish views. The average 12-month price target has increased to $134.06, with a high of $155.00 and a low of $110.00. Analysts have been adjusting their ratings and price targets, reflecting their views on NetApp's market performance. The company has shown strong financial metrics, such as a net margin of 17.45% and an ROE of 27.2%, but faces challenges with a high debt-to-equity ratio of 2.31.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 4:00 pm