Streetbeat News

Stock Prices

CTM

Castellum's shares surged following the announcement of a strategic alliance between its subsidiary Specialty Systems and Epic Systems, signaling potential growth and collaboration opportunities.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:01 pm

THCH

TH International shares are trading higher following a report of improved Q4 financial results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:55 am

BSM

Black Stone Minerals (BSM) shares dropped following the company's announcement of reducing its distribution from $0.475 to $0.375.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:54 am

SLG

BMO Capital analyst John Kim upgraded SL Green Realty (NYSE:SLG) from Market Perform to Outperform and increased the price target from $56 to $58.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:54 am

FEPI

MU

PSI

Micron Technology Inc (NASDAQ:MU) is set to receive $6.1 billion in grants from the U.S. Commerce Department for its domestic semiconductor production expansion, aligning with the national strategy to boost American chip manufacturing. The funding, part of a broader package including loans, supports Micron's construction of up to five new factories in New York and Idaho. This move, highlighting Micron's focus on high-bandwidth memory (HBM) and its leadership in the HBM3E sector, is expected to significantly enhance its gross margins. Micron's stock has seen an 88% increase over the last 12 months, with options for investors to gain exposure through REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) and Invesco Semiconductors ETF (NYSE:PSI).

Portfolio Pulse from Anusuya Lahiri

April 18, 2024 | 11:53 am

TPET

Trio Petroleum's shares are trading lower due to continued weakness following the announcement of a securities purchase agreement with an institutional investor for $360,000.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:52 am

ME

23andMe shares surged following CEO Anne Wojcicki's announcement of considering a proposal to take the company private.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:51 am

INFY

Infosys shares are trading lower following the announcement of their Q4 results and the issuance of their FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:44 am

BNTC

Benitec Biopharma's stock is trading higher following the announcement of a $40 million oversubscribed private placement financing and positive interim clinical data for BB-301 from its Phase 1b/2a study on OPMD.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:43 am

BTCUSD

Santiment's analysis indicates a potential recovery for Bitcoin either right before or shortly after the halving, based on social metrics showing a shift from FOMO to FUD following a 16% drop in Bitcoin's value since its all-time high. Other analysts predict corrections and buying opportunities around the halving event. The crypto market has seen a significant increase in liquidations, with Bitcoin's price slightly down in the last 24 hours.

Portfolio Pulse from Khyathi Dalal

April 18, 2024 | 11:42 am