Streetbeat News

Stock Prices

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), has publicly disagreed with CalPERS CEO Marcie Frost's decision to vote against his compensation package. This follows a Delaware court's decision to overturn Musk's $56 billion pay package, which Tesla's board is attempting to reinstate through a shareholder vote in June. Morgan Stanley analyst Adam Jonas predicts material volatility in Tesla's stock due to the upcoming meeting.

Portfolio Pulse from Benzinga Neuro

May 29, 2024 | 2:24 pm

BMO

BMO shares are trading lower following worse-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:22 pm

BMO

Bank of Montreal shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:21 pm

MRNA

Moderna shares are trading lower after a recent gain driven by bird flu concerns.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:21 pm

DELL

Dell Technologies shares are trading higher after B of A Securities raised its price target on the stock from $130 to $180.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:20 pm

DBCCF

Decibel Cannabis Company Inc. (OTCQB:DBCCF) reported a 16% year-over-year drop in Q1 2024 revenue to CA$21 million. Despite the decline, the company maintains a strong market share in Canada and expects improved performance in Q2. Financial highlights include a gross margin of 48%, adjusted EBITDA of CA$3.6 million, and positive free cash flow of CA$375 thousand. Shares traded 0.47% lower at $0.0639.

Portfolio Pulse from Jelena Martinovic

May 29, 2024 | 2:18 pm

ETN

PLTR

Palantir Technologies Inc. (NYSE:PLTR) shares are trading lower today following the announcement of an expanded partnership with Eaton Corporation (NYSE:ETN). The deal will integrate Palantir’s Artificial Intelligence Platform (AIP) into Eaton’s operations, enhancing their ERP implementations and AI innovation journey. Despite the positive news, PLTR shares are down 1.47% to $20.74.

Portfolio Pulse from Nabaparna Bhattacharya

May 29, 2024 | 2:18 pm

AAL

GSBD

IKNA

OZK

WCC

Top Wall Street analysts have downgraded several notable stocks, including Ikena Oncology, Goldman Sachs BDC, Bank OZK, American Airlines, and WESCO International. These downgrades have led to significant price target reductions and share price declines.

Portfolio Pulse from Avi Kapoor

May 29, 2024 | 2:17 pm

GWAV

Greenwave Tech Solns (NYSE:GWAV) has seen a 54.17% increase in its short percent of float, now at 0.74% of all regular shares. This indicates a rise in bearish sentiment among investors. However, its short interest is still lower than the peer group average of 2.67%.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 2:15 pm

CAVA

Cava Group Inc (NYSE:CAVA) shares are trading lower despite reporting strong Q1 financial results, with revenue and EPS beating estimates. The company saw a 30.3% year-over-year revenue increase and opened 14 new restaurants. Analysts have raised their price targets, but the stock is down 7.56%.

Portfolio Pulse from Adam Eckert

May 29, 2024 | 2:14 pm