Streetbeat News

Stock Prices

AIU

Meta Data's (NYSE:AIU) short interest has decreased by 40%, now representing 0.03% of its float with 24 thousand shares sold short. It would take about 3.23 days to cover these short positions. This decline in short interest could indicate a more bullish sentiment towards the stock, contrasting with the peer group average of 2.51% short interest.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 2:30 pm

PCAR

PACCAR (NASDAQ:PCAR) has delivered an average annual return of 19.08% over the past 5 years, outperforming the market by 7.43%. A $1000 investment in PCAR 5 years ago would be worth $2,435.39 today, with the company currently valued at $59.74 billion.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 2:30 pm

BLK

BlackRock's (NYSE:BLK) short interest has increased by 3.33% since the last report, with 1.82 million shares sold short, representing 1.24% of its float. This indicates a bearish market sentiment towards BLK, despite it having less short interest than its peers' average of 2.75%. The article suggests that an increase in short interest does not necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 2:30 pm

CPRT

Over the past 15 years, Copart (NASDAQ:CPRT) has significantly outperformed the market, yielding an average annual return of 25.05%. A $1000 investment in Copart 15 years ago would now be worth $28,380.04. This showcases the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 2:30 pm

AMZN

Amazon.com Inc (NASDAQ:AMZN) is set to report its Q1 earnings with expectations of 78 cents EPS and $133.1 billion in revenues. The stock has seen a 71.10% increase over the past year and an 18.22% YTD rise, buoyed by its strong positioning in AI, cloud computing, and e-commerce. Investors are watching AWS performance, digital advertising market-share gains, and the impact of price increases on third-party sellers. Amazon's focus on profitability, operational efficiency, and strategic investments in robotic automation are key. Technical analysis indicates a bullish trend, with a 17% upside as per Wall Street analysts.

Portfolio Pulse from Surbhi Jain

April 29, 2024 | 2:29 pm

GERN

Geron Corporation's stock (GERN) is trading higher following a Buy rating and a $10 price target initiation by TD Cowen.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 2:26 pm

BEN

Franklin Resources reported worse-than-expected Q2 adjusted EPS results, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 2:26 pm

TNDM

Tandem Diabetes Care's stock (TNDM) experienced a price increase following an upgrade by Wells Fargo from Equal-Weight to Overweight, with a new price target set at $45, up from $21.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 2:25 pm

LH

Labcorp's stock price increased following the FDA's approval of its nABCyte Anti-AAVRh74var HB-FE Assay, a companion diagnostic designed to assess patient eligibility for treatment with BEQVEZ.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 2:25 pm

MBGYY

The U.S. Department of Justice has concluded its investigation into Mercedes-Benz Group AG (OTC:MBGYY) regarding exhaust emissions without filing charges. This closure is seen as a significant legal milestone for the company, particularly in relation to diesel-related issues. Mercedes-Benz's stock has seen a positive trend, gaining over 2% in the last 12 months, with a recent increase of 1.22% to $19.84.

Portfolio Pulse from Shivani Kumaresan

April 29, 2024 | 2:24 pm