Streetbeat News

Stock Prices

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) is drawing attention due to a scheduled livestream event titled 'The New Gold Standard' by CEO Vlad Tenev, promising 'exciting updates'. This follows recent positive performance, with stock up over 50% YTD and nearly 20% in the last month. February metrics showed growth in customers and trading volumes across all asset classes. Analysts anticipate earnings of 4 cents per share on revenue of $525.432 million in the next report.

Portfolio Pulse from Adam Eckert

March 26, 2024 | 4:20 pm

AAPL

AMZN

GOOG

META

MSFT

NVDA

QQQ

RDDT

SPY

TSLA

Reddit Inc (NYSE:RDDT) stock surged 30% to $59.80 and continued to rise by 13.7% in premarket trading, driven by AI exuberance and its potential in training large language models, despite being unprofitable. The article also highlights strong durable goods orders, upcoming consumer confidence data, and a $67B Treasury auction. Positive early trade money flows were noted in major tech stocks and ETFs, with the momo crowd buying stocks, gold, and oil. Bitcoin surpassed $70,000. The Arora Report advises investors to maintain a protection band and consider holding cash or short-term hedges.

Portfolio Pulse from The Arora Report

March 26, 2024 | 4:20 pm

OCGN

Ocugen Inc (NASDAQ:OCGN) shares dropped 6.3% to $1.72 during Tuesday's session after reaching a 52-week high on Monday. The decline follows the Third Circuit Court of Appeals' decision to uphold the dismissal of consolidated securities class action lawsuits against Ocugen. Additionally, Ocugen announced an amendment to its bylaws, reducing the quorum requirement for stockholder meetings, potentially making it easier to conduct business and could be seen positively by investors.

Portfolio Pulse from Henry Khederian

March 26, 2024 | 4:19 pm

AGRX

Agile Therapeutics Inc (AGRX) stock plummeted by 61% to $0.24 after announcing its delisting from Nasdaq due to failure to meet the minimum stockholders' equity requirement. The company's shares will now trade over-the-counter under the same symbol, AGRX. Despite the delisting, Agile Therapeutics plans to continue its business operations and explore strategic opportunities for Twirla growth and shareholder value.

Portfolio Pulse from Henry Khederian

March 26, 2024 | 4:18 pm

LNG

Cheniere Energy Inc. (NYSE:LNG) stock is currently trading at $161.00, marking a 0.58% increase. Over the past month and year, the stock has risen by 4.41% and 2.86%, respectively. Its P/E ratio of 3.93 is significantly lower than the industry average of 15.96, suggesting potential undervaluation or weaker growth prospects compared to its peers in the Oil, Gas & Consumable Fuels industry.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 4:15 pm

Equillium's stock is trading lower following the announcement of its Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:11 pm

SNOW

On CNBC, Stephanie Link announced she has increased her investment in Snowflake, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:11 pm

BTCUSD

A significant Bitcoin transaction by the fifth-largest holder, nicknamed '37X', moved $6.05 billion worth of BTC to three new addresses, marking its first major activity since 2019. This event, analyzed by Arkham Intelligence, coincides with a surge in institutional interest in Bitcoin, especially ahead of the anticipated halving event. The transaction occurred as Bitcoin's price surpassed $70,000, with the supply on Coinbase reaching a nine-year low. The launch of 10 spot Bitcoin ETFs in the U.S., amassing $58.3 billion in on-chain holdings, underscores the growing institutional engagement in cryptocurrency.

Portfolio Pulse from Murtuza Merchant

March 26, 2024 | 4:08 pm

APCX

CDLX

GDS

MESO

MKC

OPGN

STOK

U.S. stocks saw gains with the Dow Jones up by 100 points. McCormick & Co Inc reported better-than-expected Q1 results, with sales growth of 3% and an adjusted EPS of 63 cents. Stoke Therapeutics, Mesoblast Ltd, and OpGen Inc saw significant share price increases due to positive developments. Conversely, Cardlytics Inc, GDS Holdings Ltd, and AppTech Payments Corp experienced notable declines in their share prices.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 4:08 pm

EGOX

Next.e.Go's stock is trading lower following the announcement that it received a Nasdaq delisting notice.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 4:06 pm