Streetbeat News

Stock Prices

SVNDF

SVNDY

Seven & I Holdings Co., Ltd. is considering a potential listing of its Ito-Yokado segment to focus on expanding its 7-Eleven franchise. The company aims to create a globally integrated CVS management structure and refine its Superstore business for re-growth. This move comes after pressure from ValueAct Capital Management for structural reform and valuation improvement, including potential store closures. Despite a slight decline in net sales, Seven & I reported a 5.5% increase in operating profit in its latest fiscal year. The company also plans share buybacks and a stock split, although its outlook slightly trails analysts' projections.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 3:18 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has seen a bearish trend in options trading, with 70% of trades being bearish. The trading volume and open interest suggest a price band focus between $30.0 and $55.0. Currently, AFRM's stock price is down by -4.66%, trading at $33.72, with an RSI indicating a neutral position. The anticipated earnings release is in 27 days.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 3:17 pm

AMD

INDI

NXPI

TXN

WOLF

Semiconductor-related stocks, including AMD, INDI, NXPI, TXN, and WOLF, are trading lower due to weakness in tech following hotter-than-expected March inflation, leading to rate cut uncertainty.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:16 pm

FIHL

Keefe, Bruyette & Woods analyst Meyer Shields maintains an Outperform rating on Fidelis Insurance Holdings (NYSE:FIHL) and raises the price target from $22 to $24.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:14 pm

MNDR

Mobile-Health Network Solutions' shares resumed trading but were quickly halted again due to a circuit breaker triggered by a sharp decline in their stock price.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:12 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for April 10th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on a proprietary formula. It offers detailed analysis and price levels for each, suggesting potential breakouts or reversals. The memo also highlights the importance of the upcoming CPI data release and Federal Reserve officials' remarks, which could significantly impact market volatility and trading strategies.

Portfolio Pulse from RIPS

April 10, 2024 | 3:11 pm

BTCUSD

Bitcoin's value has decreased in response to the release of March inflation data, which was higher than anticipated.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:09 pm

MNDR

Shares of Mobile-Health Network Solutions (MNDR) resumed trading and were then halted again due to a circuit breaker triggered by a rapid increase in the stock price. This indicates a significant market reaction to recent developments or news related to the company.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:07 pm

TSM

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) faced a production halt due to a strong earthquake in Taiwan, potentially impacting its June-quarter sales. However, Needham analyst Charles Shi remains optimistic, reiterating a Buy rating and raising the price target from $133 to $168. Shi believes TSM can recover lost sales in Q3 and meet its full-year growth targets, positioning it as a strong AI pick-and-shovel investment opportunity. TSM shares rose 1.68% to $147.84 following the news.

Portfolio Pulse from Priya Nigam

April 10, 2024 | 3:07 pm

BSFC

Blue Star Foods shares surged following the announcement of a supply agreement with Eagle Rising to provide food solutions to the US Military. This deal marks a significant milestone for Blue Star Foods, potentially expanding its market presence and revenue streams.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:06 pm