Streetbeat News

Stock Prices

BTCUSD

GME

NFLX

SPY

TSLA

The article covers a range of topics including a prediction that Bitcoin will surge past $110K in Q3 despite recession fears, GameStop shares trading higher by around 18%, and Netflix expected to rally over 8%. It also discusses potential geopolitical impacts of a second Trump term on US-China relations, and various developments in the tech and electric vehicle sectors.

Portfolio Pulse from Akanksha Bakshi

May 28, 2024 | 1:27 pm

MRAI

Marpai shares are trading lower after the company announced its intention to withdraw from the Nasdaq hearings process.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:26 pm

PEGY

Pineapple Energy shares are trading higher following the announcement that its SUNation subsidiary signed a 1.95-megawatt project.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:26 pm

SY

So-Young International Inc (NASDAQ:SY) reported better-than-expected fiscal first-quarter results, with revenue of $44.1 million, beating the analyst consensus estimate of $42.2 million. The company's stock soared 7.69% in premarket trading. Despite a 52% plunge in the last 12 months, the company saw a 23.3% increase in sales of medical products and maintenance services. However, there were declines in information services and reservation services revenues. The company expects second-quarter revenue to be between $52.6 million and $55.4 million.

Portfolio Pulse from Anusuya Lahiri

May 28, 2024 | 1:24 pm

IART

LEG

MTW

WNC

The article highlights notable insider trades in four companies: Integra LifeSciences Holdings, Manitowoc Company, Leggett & Platt, and Wabash National. Insider purchases often indicate confidence in the company's prospects.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 1:24 pm

TSLA

President Joe Biden has increased tariffs on Chinese electric vehicles to 100% to protect American automakers. Despite this, BYD's budget-friendly Seagull model may remain competitively priced. BYD has overtaken Tesla as the largest global EV manufacturer and plans to introduce the Seagull in Europe next year. The Seagull's arrival is expected to intensify competition among European automakers.

Portfolio Pulse from Nabaparna Bhattacharya

May 28, 2024 | 1:22 pm

IYE

XLE

XOM

A group of 40 large institutional investors, managing $4.4 trillion in assets, urged companies to avoid suing shareholders over proposal disagreements, using Exxon Mobil's lawsuit as an example. They argue that such actions could deter sustainability-related proposals, impacting long-term investor interests.

Portfolio Pulse from Lekha Gupta

May 28, 2024 | 1:19 pm

VERA

Vera Therapeutics shares are trading higher after the company received FDA Breakthrough Therapy Designation for Atacicept.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:18 pm

VIK

Viking Holdings shares are trading higher after multiple analysts initiated coverage on the stock with bullish ratings.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:16 pm

SRPT

Sarepta Therapeutics shares are trading lower following a downgrade by RBC Capital from Outperform to Sector Perform.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:15 pm