Streetbeat News

Stock Prices

BYDDY

F

GM

TSLA

Tesla Inc (TSLA) reported its first annual drop in sales, facing increased competition and a price war that hurt profit margins. General Motors (GM) saw a decline in EV and fleet deliveries but had a bright spot with newer EV models like the Cadillac Lyriq. Ford Motor (F) had a strong start to the year with a significant rise in vehicle sales, including hybrids and EVs like the F-150 Lightning. BYD (BYDDY) experienced a drop in pure EV sales but reported a 13% rise in overall EV sales.

Portfolio Pulse from Upwallstreet

April 03, 2024 | 3:55 pm

AAPL

ADP

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TLT

TSLA

Wall Street is increasingly recognizing the risks in the stock market, with a focus on the iShares 20+ Year Treasury Bond ETF (TLT) showing a downward trend, indicating rising market risk. Investors are looking towards a dovish stance from Powell to stabilize the market. ADP's employment data exceeded expectations, suggesting a strong jobs market. Early trading shows positive money flows in META, neutral in AAPL and MSFT, and negative in AMZN, GOOG, NVDA, TSLA, SPY, and QQQ. Silver and gold are seeing aggressive buying, with oil also up following a draw in crude inventories.

Portfolio Pulse from The Arora Report

April 03, 2024 | 3:53 pm

PRIM

Primoris Services Corporation (PRIM) shares are trading higher due to its Investor Day event happening today.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 3:51 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for April 3rd, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula. It offers detailed analysis for each asset, including potential support and resistance levels, and highlights the importance of the ADP Non-Farm Employment Change and ISM Services Index releases, as well as speeches from Fed officials, in influencing market volatility.

Portfolio Pulse from RIPS

April 03, 2024 | 3:51 pm

GKOS

Glaukos Corporation's shares are experiencing an uptick following the assignment of a permanent J-code for iDose TR by the US Centers for Medicare and Medicaid Services. This development is significant as it facilitates the billing and reimbursement process for iDose TR, potentially increasing its accessibility and usage.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 3:48 pm

CG

KKR

Tian Tu Capital reported a significant net loss of 873 million yuan for the last year, a stark reversal from a 559 million yuan profit in 2022. The venture capital firm, which focuses on consumer companies and relies on IPOs in the Hong Kong market for exits, is facing challenges due to a weak IPO market and declining asset values. The company is shifting its strategy towards investments aligned with government priorities and exploring IPO alternatives. Despite the downturn, Tian Tu's shares trade at a significant discount compared to global peers like Carlyle (CG) and KKR, with a P/B ratio of 0.28.

Portfolio Pulse from The Bamboo Works

April 03, 2024 | 3:48 pm

SEE

Short-seller Chris Drose, from Bleecker Street, has identified Sealed Air Corp (SEE) as an attractive short opportunity, according to Reuters citing a conference.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 3:45 pm

OCGN

Ocugen Inc (NASDAQ:OCGN) shares surged 14% to $1.58 after updating on its 2023 business activities and financial status. The company reported progress in gene therapy programs for blindness, with notable advancements in OCU400 and OCU410 trials. Ocugen is also advancing its vaccine and NeoCart® platform projects. Despite planning to restate 2022 financial statements due to errors, Ocugen's current funds are expected to support operations into Q4 2024. Shares have risen 80% over the past month following a favorable court ruling and a bylaw amendment to lower quorum requirements for shareholder meetings.

Portfolio Pulse from Henry Khederian

April 03, 2024 | 3:44 pm

JZXN

Jizui Holdings' shares are trading lower following the announcement of its subsidiary's non-binding letter of intent to acquire Shenzhen Maigesong Electric Technology.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 3:43 pm

JZXN

Shares of Jiuzi Holdings were halted due to a circuit breaker triggered by a significant drop in stock price, now down by 34.9%.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 3:41 pm