Streetbeat News

Stock Prices

DOGE-USD

Nate Silver discusses the recent surge in Donald Trump's election odds on Polymarket, attributing it to market sentiment and social media influence, similar to Elon Musk's impact on Dogecoin. Silver notes Republicans project confidence while Democrats project anxiety in the Trump era.

Portfolio Pulse from Khyathi Dalal

October 08, 2024 | 2:54 pm

BP

SLB

XOM

Energy stocks are declining due to easing Middle East tensions and uncertainty over China's economic stimulus, affecting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:48 pm

CVX

Recent options activity for Chevron (NYSE:CVX) shows a bearish sentiment among traders, with significant trades in both puts and calls. Analysts have mixed ratings, with price targets ranging from $150 to $189. The stock is currently down 2.2% at $147.79, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 2:46 pm

MSOS

Benzinga's Cannabis Capital Conference is currently live, focusing on the Commerce Clause. The event may include discussions relevant to the AdvisorShares Pure US Cannabis ETF (MSOS), which is a significant player in the cannabis investment space.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:44 pm

WYNN

Wynn Resorts shares fell by 2.97% due to a major selloff in Chinese markets, driven by disappointment over the lack of bold fiscal stimulus from the Chinese government. This raises concerns about the recovery of Macau's gaming sector, where Wynn generates significant revenue.

Portfolio Pulse from Henry Khederian

October 08, 2024 | 2:43 pm

BNO

USO

Oil prices are declining after a recent rise due to Middle East tensions. Uncertainty about China's economic stimulus is also affecting the demand outlook.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:39 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides a detailed analysis of key price levels for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo suggests monitoring these stocks for potential breakouts or reversals, with specific bullish and bearish targets outlined for each. The day is expected to be driven by technical factors due to a lack of major economic data releases.

Portfolio Pulse from RIPS

October 08, 2024 | 2:38 pm

VINC

Vincerx Pharma (NASDAQ:VINC) is seeking a development partner for its early-stage blood cancer candidates, VIP236 and enitociclib, while focusing on its lead ADC, VIP943. The company shared updates on its Phase 1 studies, showing promising results for VIP943 and VIP236. VINC stock is down 25.3% at $0.52.

Portfolio Pulse from Vandana Singh

October 08, 2024 | 2:38 pm

GK

MSOS

Investor Ross Gerber suggests that if cannabis rescheduling and full legalization occur, companies in the industry could see their value triple. He highlights the unique challenges faced by the cannabis industry.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:38 pm

MSOS

Investor Ross Gerber suggests that cannabis investors need to be patient, as rescheduling cannabis could instantly boost company profits and potentially double their value.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:37 pm