Streetbeat News

Stock Prices

BABA

BIDU

FXI

JD

KWEB

MCHI

Chinese tech stocks Alibaba, JD.com, and Baidu rose due to strong GDP growth in China, boosting U.S.-listed Chinese stocks and ETFs. The People's Bank of China's support program for share buybacks also lifted market sentiment. Alibaba and JD.com benefit from increased retail sales, while Baidu gains from economic growth and rising industrial activity.

Portfolio Pulse from Henry Khederian

October 18, 2024 | 3:36 pm

TRV

Travelers Companies (NYSE:TRV) has outperformed the market over the past 20 years with an average annual return of 10.95%, surpassing the market by 2.32% annually. A $1000 investment in TRV 20 years ago would be worth $8,520.91 today.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 3:34 pm

BITF

CAN

CLSK

COIN

HIVE

HUT

MARA

RIOT

Crypto-linked stocks are experiencing a rise in share prices as Bitcoin's value continues to increase.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 3:34 pm

QNRX

Quoin Pharmaceuticals shares have been halted after a significant increase of 81.82%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 3:33 pm

LDOS

Leidos Holdings (NYSE:LDOS) has seen a 12.5% decrease in its short percent of float, now at 1.4% of available shares. This is lower than its peers' average of 2.75%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 3:30 pm

PEN

Penumbra's short interest has decreased by 14.15%, with 2.26 million shares sold short, representing 8.19% of its float. This is higher than its peers' average of 3.98%. The decrease in short interest may indicate a shift towards a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 3:30 pm

CFG

Citizens Financial Group (NYSE:CFG) has seen a 12.73% increase in short interest, with 14.27 million shares sold short, representing 4.25% of its float. This is higher than its peers' average of 3.59%. The rise in short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 3:30 pm

AMZN

DELL

IVW

NVDA

TSM

XLK

Nvidia's Blackwell chips face production delays, impacting key clients like Amazon's AWS and Dell. Despite this, Nvidia's CEO reassures that demand remains strong, with expectations of significant revenue. Amazon's partnership with Databricks challenges Nvidia's market position. Nvidia's stock has surged over 227% in the past year.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 3:30 pm

UAL

United Airlines (UAL) shares reached a new 52-week high following a strong Q3 earnings report. The company exceeded revenue and earnings expectations, showing fiscal strength with strong cash flow and liquidity. Despite a slight decrease in TRASM, UAL's strategic initiatives and a new share repurchase program signal confidence in its financial trajectory. However, a slight pullback in Q4 earnings expectations is noted.

Portfolio Pulse from Henry Khederian

October 18, 2024 | 3:25 pm

ATNF

180 Life Sciences shares experienced a trading halt due to a circuit breaker triggered by a sharp decline. Despite this, the stock is now up by 40.2%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 3:22 pm