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Stock Prices

MOMO

PDD

QFIN

XYF

China's expanded stimulus measures, including issuing ¥2 trillion in government bonds and injecting ¥1 trillion into state-owned banks, are expected to benefit certain US-listed Chinese companies. These include Qifu Technology (QFIN), X Financial (XYF), Hello Group (MOMO), and PDD Holdings (PDD), which are anticipated to gain from the economic boost.

Portfolio Pulse from David Pinsen

September 27, 2024 | 1:21 pm

ACHC

Acadia Healthcare's shares are declining following the company's announcement of full cooperation with authorities in a government investigation.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:20 pm

AI

ASTS

BABA

BB

INTC

MADE

NVDA

SMCI

TSLA

WAY

The article lists the top 10 trending stocks on WallStreetBets as of September 27, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, SMCI, TSLA, MADE, WAY, BABA, BB, INTC, AI, and ASTS.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:19 pm

EQIX

Equinix Inc. (NASDAQ:EQIX) is trading at $880.94, with a 0.22% increase in the current session. Over the past month, the stock rose by 5.35%, and by 23.33% over the past year. Its P/E ratio of 80.54 is higher than the industry average of 40.79, suggesting potential overvaluation or expected future performance.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 1:15 pm

BTCUSD

Bitcoin is highly likely to stay above $60,000 by the end of the month, with a 97% probability according to Polymarket traders. However, the chances of it reaching $70,000 are lower, with only a 13% probability. Market sentiment is mixed, with some traders expecting a potential bull run.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 1:11 pm

FMCX

KKR

LBO

KKR & Co. Inc. shares are trading lower premarket after partnering with BBVA to advance decarbonization efforts. BBVA committed $200 million to KKR's Global Climate Strategy. KKR also announced the sale of GeoStabilization International and a stake acquisition in Queensland Airports Limited.

Portfolio Pulse from Lekha Gupta

September 27, 2024 | 1:07 pm

FCX

MP

MT

SCCO

Four materials stocks, Freeport-McMoRan, MP Materials, ArcelorMittal, and Southern Copper, are currently overbought according to RSI indicators, suggesting potential short-term price corrections. Despite recent gains, investors should be cautious.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 1:06 pm

ADD

Color Star Technology Co., Ltd. (NASDAQ:ADD) has announced the pricing of an initial $7 million tranche of up to $33 million in registered senior secured convertible notes. The notes, with a 6% interest rate and a 12-month maturity, are convertible into Class A Ordinary Shares at a price of $1.60 or the Alternative Conversion Price. The first closing is expected around September 30, 2024, and includes warrants for 2.9 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:03 pm

ALMS

Alumis has released 28-week data from the open-label extension period of its Phase 2 STRIDE trial for ESK-001. The data indicates that ESK-001 was generally well tolerated, and most patients on the top dose achieved significant improvement in their condition.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:01 pm

NLSPW

The trading halt status was updated at 9:00 AM ET, indicating a resumption of quotations. This update is crucial for investors tracking the affected securities.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:00 pm