Streetbeat News

Stock Prices

FXE

UUP

EUR/USD is trading lower as the dollar rises amid an increase in Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:58 pm

TLT

UUP

GBP/USD is trading lower as the dollar rises amid an increase in Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:58 pm

AAUKF

BHP

BHP's $49.2-billion acquisition attempt of Anglo American has failed due to the complexity of the deal, particularly regarding Anglo's South African assets. The deal's collapse highlights the challenges posed by regulatory and socio-economic factors in South Africa.

Portfolio Pulse from Stjepan Kalinic

May 29, 2024 | 3:54 pm

DIA

IWM

NVDA

QQQ

SPY

Major indexes are experiencing a decline due to rising Treasury yields and a pullback in NVIDIA's stock.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:45 pm

MCD

The options market shows a bearish sentiment towards McDonald's (NYSE:MCD), with 62% of recent trades being bearish. Significant investors are targeting a price range of $230 to $265. Despite this, expert analysts maintain high target prices, averaging $310.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 3:45 pm

BTCUSD

ETHUSD

Glassnode's latest newsletter highlights Bitcoin's consolidation near its all-time high and Ethereum's ETF-induced surge as signs of a strong crypto market. Bitcoin has shown significant gains and renewed interest from long-term investors, while Ethereum's price rally was driven by the SEC's approval of Ethereum Spot ETFs.

Portfolio Pulse from Ivan Crnogatić

May 29, 2024 | 3:42 pm

ENPH

Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market over the past 10 years, with an annualized return of 31.21%. A $1000 investment in ENPH 10 years ago would be worth $15,039.74 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 3:30 pm

DAL

Delta Air Lines (NYSE:DAL) has outperformed the market over the past 15 years with an average annual return of 13.73%, resulting in a $1000 investment growing to $6,818.31. The current market capitalization of Delta Air Lines is $31.72 billion.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 3:30 pm

ANF

Abercrombie & Fitch CEO Fran Horowitz discussed the current state of the retail industry on CNBC, highlighting the company's strategies and market conditions.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 3:21 pm

AIEQ

BX

FTGS

Blackstone Inc. (NYSE:BX) announced the sale of Turtle Bay Resort for $725 million, expected to close in Q3 2024. The sale, along with another land transaction, is projected to generate $768 million in proceeds. Blackstone stock has gained over 35% in the past year but is down 3.54% today. Investors can gain exposure through ETFs like First Trust Growth Strength ETF (NASDAQ:FTGS) and Amplify AI Powered Equity ETF (NYSE:AIEQ).

Portfolio Pulse from Lekha Gupta

May 29, 2024 | 3:21 pm