Streetbeat News

Stock Prices

SPXC

SPX Techs (NYSE:SPXC) has seen an 18.33% increase in its short percent of float, now at 2.13%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 2.49%.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 3:45 pm

LULU

Lululemon shares are trading lower, potentially due to weakness in the retail and athletic wear sector, influenced by earnings reports from companies like Abercrombie and Foot Locker.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 3:44 pm

AVGO

HACK

SOXQ

Broadcom Inc. (NASDAQ:AVGO) has launched Rally Anywhere, an on-premises version of its enterprise agility platform, focusing on data sovereignty and security. Despite this, AVGO shares are trading lower. The company is actively launching new products, including VMware Cloud Foundation 9 and VMware Tanzu Platform 10. Investors can gain exposure to the semiconductor sector through ETFs like Amplify Cybersecurity ETF (NYSE:HACK) and Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ).

Portfolio Pulse from Lekha Gupta

August 28, 2024 | 3:43 pm

COST

Costco Wholesale Corp. (NASDAQ:COST) experienced a significant Power Inflow, indicating a shift from net selling to net buying, suggesting a short-term uptrend. The stock rose over 2.2% after the signal, highlighting increased investor confidence.

Portfolio Pulse from Finit

August 28, 2024 | 3:39 pm

NVDA

Nvidia is set to release its earnings report amid concerns of overvaluation due to its rapid stock price increase driven by AI advancements. High expectations could lead to a stock price correction if earnings disappoint.

Portfolio Pulse from benjamin.locke11@yahoo.com

August 28, 2024 | 3:39 pm

AG

CDE

EXK

GDX

GDXJ

OGC

PAAS

TXG

Gold prices fell as U.S. Treasury yields stabilized and the dollar rebounded, leading to declines in gold mining stocks. The VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ) both dropped by 2.5%, with individual miners like Torex Gold, Endeavour Silver, and others seeing significant declines.

Portfolio Pulse from Piero Cingari

August 28, 2024 | 3:36 pm

LI

Li Auto shares declined following a Q2 revenue miss and lower-than-expected Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 3:33 pm

UTME

UTime shares have resumed trading after a halt, with the stock experiencing a significant drop of 89.5%.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 3:33 pm

BLK

BlackRock (NYSE:BLK) has outperformed the market over the past 5 years with an average annual return of 16.77%, resulting in a $1000 investment growing to $2,170.66. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 3:30 pm

AJG

Arthur J. Gallagher (NYSE:AJG) has significantly outperformed the market over the past 20 years, with an annualized return of 11.72%. A $100 investment in AJG 20 years ago would be worth $918.89 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 3:30 pm