Streetbeat News

Stock Prices

MSOS

REFI

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is highlighted as a stable investment in the volatile U.S. cannabis sector, showing resilience with a growing loan book and consistent dividends. Despite market downturns, REFI's stock remains stable, contrasting with the MSOS ETF's decline. Analyst Pablo Zuanic endorses an 'Overweight' stance on REFI, citing its growth potential and strategic management.

Portfolio Pulse from Nicolás Jose Rodriguez

August 28, 2024 | 4:56 pm

ATPC

AVAV

BOF

NBIX

SMCI

VRAX

U.S. stocks fell with the Nasdaq down over 1%. Foot Locker shares dropped 11% after Q2 results, despite beating EPS and sales estimates. AeroVironment shares rose 12% following analyst upgrades. Virax Biolabs surged 24% on a new distribution agreement. BranchOut Food gained 99% on revenue growth. Agape ATP fell 31% after a reverse stock split. Neurocrine Biosciences dropped 18% despite positive study results. Super Micro Computer fell 25% due to a delayed Form 10-K filing.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 4:56 pm

SentinelOne, Inc. (NYSE:S) reported its fiscal year 2025 Q2 earnings, showing a loss per share in line with expectations and revenue exceeding estimates. The company also provided strong guidance for the next quarter and fiscal year. Analysts have adjusted their price targets, with most maintaining positive ratings. Despite this, the stock is trading 2.40% lower.

Portfolio Pulse from Dylan Berman

August 28, 2024 | 4:56 pm

BRK

NVDA

SMCI

SOXX

US stocks and chipmakers fell on Wednesday as traders were cautious ahead of Nvidia's earnings report. The iShares Semiconductor ETF dropped 2%, and Super Micro Computer plunged 26% due to filing delays and a short-seller report. Berkshire Hathaway reached a $1 trillion valuation.

Portfolio Pulse from Piero Cingari

August 28, 2024 | 4:53 pm

BTCUSD

Veteran investor Mark Yusko predicts significant institutional adoption of Bitcoin, potentially driving a bull run with prices reaching $120,000-$150,000. He anticipates major inflows from financial advisors and wealth managers, although current ETF inflows may not reflect true demand.

Portfolio Pulse from Khyathi Dalal

August 28, 2024 | 4:53 pm

MNKD

MannKind shares rose after Oppenheimer maintained an Outperform rating and increased its price target from $10 to $12.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:46 pm

High-rolling investors are showing a bullish sentiment on Citigroup (NYSE:C) through options trading, with 64% of trades being bullish. The options market suggests a price target range of $45 to $70 for Citigroup. The stock is currently trading at $61.41, with a neutral RSI. Analysts have an average target price of $79, with Morgan Stanley maintaining an Overweight rating.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 4:46 pm

XOM

Investors are showing mixed sentiment on Exxon Mobil (XOM) with significant options activity. The options trades are split evenly between bullish and bearish, focusing on a price range of $115 to $130. Analysts have a positive outlook with target prices up to $157.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 4:45 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) shares are falling after the announcement of CEO Brendan Jones' retirement in 2025 and a disappointing earnings report. The company missed Q2 revenue and earnings estimates and lowered its 2024 revenue guidance.

Portfolio Pulse from Nabaparna Bhattacharya

August 28, 2024 | 4:40 pm

NVDA

SMCI

Major indexes are experiencing a downturn following recent gains, influenced by NVIDIA's weakness ahead of its earnings report and a decline in semiconductor stocks due to SMCI's 10-K delay.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:39 pm