Streetbeat News

Stock Prices

TNON

Trading for TNON was halted and has now resumed as of 8:55 AM ET. This update is crucial for investors tracking the stock's movements.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:55 pm

FNWB

HRTG

KREF

VIRT

Four financial stocks, Virtu Financial, KKR Real Estate Finance Trust, Heritage Insurance Holdings, and First Northwest BanCorp, are identified as potentially overbought with high RSI values, indicating possible short-term price declines.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 12:52 pm

SPY

The Federal Reserve's John Williams indicates readiness to begin rate cuts, moving towards a neutral monetary policy stance based on data. The Fed's policy has been effective in stabilizing prices, with the job market in better balance and not a primary inflation source. Disinflation trends are welcomed, but risks include a weakening job market and slowing global growth.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:47 pm

WHLR

Wheeler Real Estate Investment Trust's shares rose after a court dismissed a class action complaint against the company and its subsidiary, Cedar Realty Trust.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:46 pm

ABM

ABM Industries reported strong Q3 results, with a 3.3% increase in sales to $2.09 billion, surpassing expectations. The company raised its adjusted EPS outlook for 2024, contributing to a 6.95% rise in its stock price. Investments in energy markets and technology drove growth.

Portfolio Pulse from Lekha Gupta

September 06, 2024 | 12:44 pm

CCL

DXCM

EPR

RCL

SPTN

WHR

Jim Cramer on CNBC's 'Mad Money Lightning Round' expressed a preference for Royal Caribbean over Carnival Corporation, citing better systems and numbers. He criticized EPR Properties and Whirlpool for being too rocky and inconsistent, respectively. Cramer also expressed discontent with DexCom's last quarter but liked SpartanNash for its dividend. Recent price actions showed declines for EPR, Carnival, Whirlpool, DexCom, and SpartanNash.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 12:41 pm

VWAGY

Volkswagen's PowerCo battery subsidiary will operate its Salzgitter plant in Germany at half capacity due to financial pressures and reduced EV demand. Only one of the two planned production lines will be built, reducing capacity to 20 gigawatt hours. This decision follows potential plant shutdowns and job cuts, with a narrow window to improve the situation. Despite cutbacks, production is set to start in 2025.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 12:34 pm

ZVRA

Zevra Therapeutics presented five posters at the SSIEM 2024 Symposium, showcasing the efficacy of Arimoclomol in treating Niemann-Pick Disease Type C and data on OLPRUVA for Urea Cycle Disorders.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:32 pm

SPY

The US Participation Rate for August remained unchanged at 62.7%, the same as the previous month. This stability in the labor market metric suggests no immediate changes in employment trends.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:30 pm

SPY

The USA's average hourly earnings for August increased by 0.7%, significantly surpassing the estimated 0.3% and reversing the previous month's decline of 0.1%.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:30 pm