Streetbeat News

Stock Prices

LUCY

Innovative Eyewear shares were halted on a circuit breaker due to a significant drop, with the stock now down by 50.1%.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:45 pm

AWIN

AERWINS Technologies shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:45 pm

LUCY

Innovative Eyewear, Inc. (NASDAQ:LUCY) has announced a direct offering of 5,263,161 shares of common stock at $0.475 per share, along with unregistered warrants for the same number of shares at the same price. The offering is expected to close by May 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:44 pm

AEG

Aegon shares are trading lower after UBS downgraded the stock from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:44 pm

ADDYY

MBCC

NKE

XLY

Nike has won a partial victory in its trademark battle with Adidas, allowing it to use three stripes on some of its trouser designs in Germany. The court ruling partially overturns a previous decision that had favored Adidas entirely. Nike's stock has lost over 13% in the last 12 months, but shares were trading slightly higher following the news.

Portfolio Pulse from Shivani Kumaresan

May 28, 2024 | 6:43 pm

PFE

SRPT

RBC Capital Markets has downgraded Sarepta Therapeutics (NASDAQ:SRPT) due to balanced risk and reward ahead of the FDA's decision on Elevidys. Despite a 50% rise in shares over the last six months, tempered messaging from the FDA and the company has led to a reduced price target and rating cut. Pfizer's (NYSE:PFE) recent safety issues also contribute to cautious sentiment.

Portfolio Pulse from Vandana Singh

May 28, 2024 | 6:40 pm

AAPL

AMD

AMZN

GOOGL

META

MSFT

NVDA

QCOM

Nvidia's record-breaking earnings have significantly boosted the SOX and NASDAQ indexes. Nvidia's revenues and guidance exceeded expectations by $1.5 billion, driven by strong demand for its new Blackwell chip. Major customers include Amazon, Google, Meta, and Microsoft. Qualcomm's X Elite series is expected to power new AI PCs, and Apple is offering discounts in China to counter Huawei's competition. AMD will power workloads for OpenAI and new Azure V5 VMs.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 6:37 pm

AWIN

AERWINS Technologies shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 19.1%.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:35 pm

AWIN

AERWINS Technologies (NASDAQ:AWIN) reported a significant improvement in its Q1 earnings, with EPS rising to $12.12 from a loss of $(6.58) per share year-over-year, marking a 284.19% increase.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:32 pm

AZN

AstraZeneca's stock is trading lower due to the TROPION-Lung01 phase 3 trial results, which did not reach statistical significance in overall survival for the entire trial population. However, the drug showed clinically meaningful improvement in a specific subgroup of patients.

Portfolio Pulse from Vandana Singh

May 28, 2024 | 6:32 pm