Streetbeat News

Stock Prices

KXIN

Kaixin Holdings (NASDAQ:KXIN) has been granted a temporary exception by Nasdaq to regain compliance with the Bid Price Rule by December 13, 2024. The company plans a reverse stock split to meet the requirements.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 11:06 am

IMNM

Immunome is set to present a poster with updated results from its RINGSIDE Phase 2 clinical trial of AL102 at the ESMO conference. This development is significant for the company as it showcases progress in their clinical trials.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 11:04 am

AVIR

Atea Pharmaceuticals announced that its Phase 3 SUNRISE-3 trial for bemnifosbuvir did not meet the primary endpoint of reducing hospitalization or death in COVID-19 patients. The drug was safe and well tolerated.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 11:02 am

AVIR

Trading for a certain asset has been halted at 6:55:00 a.m. ET due to pending news. This could indicate significant upcoming information that may impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 10:55 am

APTV

PENN

PR

Insider trades in Permian Resources, PENN Entertainment, and Aptiv indicate confidence in these companies. Directors and executives have made significant share purchases, suggesting potential investment opportunities.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 10:54 am

ADBE

BA

MRNA

ORCL

QQQ

RH

SPY

U.S. stocks are holding onto optimism ahead of the Federal Reserve's rate-setting meeting, with expectations of a rate cut. Tech sector news is mixed, and some profit-taking is expected. SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed gains in premarket trading. Adobe, Oracle, RH, Boeing, and Moderna are in focus due to recent earnings and guidance updates.

Portfolio Pulse from Shanthi Rexaline

September 13, 2024 | 10:35 am

GLD

SPY

USO

UUP

U.S. markets closed higher on expectations of a Federal Reserve rate cut, with tech stocks boosting the Nasdaq. Crude oil prices rose due to supply disruptions, and gold hit a record high. The U.S. dollar fell to a one-week low amid rate cut expectations.

Portfolio Pulse from Akanksha Bakshi

September 13, 2024 | 10:23 am

ACNT

CLW

TROX

The article highlights three oversold stocks in the materials sector with RSI values near or below 30, indicating potential buying opportunities. Tronox Holdings, Clearwater Paper, and Ascent Industries have all reported recent financial results, with varying impacts on their stock prices.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 10:18 am

JHG

LTRX

NTAP

NVDA

The article discusses recent insider sales of shares by executives at Nvidia, Lantronix, Janus Henderson, and NetApp. Insider sales can indicate concerns about company prospects or stock overvaluation, but should not be the sole basis for investment decisions.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 10:17 am

BTCUSD

NBA legend Scottie Pippen has publicly endorsed Bitcoin, predicting it will reach $84,650 on November 5, 2024, coinciding with the U.S. presidential election. Analysts have varying predictions, with some expecting Bitcoin to hit $125,000 if Trump wins, or $75,000 if Harris wins. Bitcoin is currently trading at $58,120.43.

Portfolio Pulse from Aniket Verma

September 13, 2024 | 10:17 am