Streetbeat News

Stock Prices

SMCI

Over the past 5 years, Super Micro Computer (NASDAQ:SMCI) has significantly outperformed the market, with an annualized return of 123.75%, turning a $1000 investment into $56,697.66 today. The company's market capitalization stands at $62.87 billion.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:00 pm

NTHI

NEONC TECHNOLOGIES HOLDINGS, INC (NASDAQ:NTHI) is set to IPO on March 13, offering shares priced between $11.25 and $13.75 with a 180-day insider lock-up period ending on September 09, 2024. The company focuses on developing new drugs for diseases like melanoma, breast, and lung cancer.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:00 pm

XRPUSD

XRP (CRYPTO: XRP) has seen a significant increase of 11.71% in its price over the last 24 hours, reaching $0.70. This uptrend extends over the past week with an 8.0% gain from $0.65. The coin's trading volume surged by 97.0% over the week, while its circulating supply decreased by 0.41%, now at 54.74% of its max supply. XRP's market cap ranks it 7th at $38.04 billion.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:00 pm

RAN

RanMarine Technology B.V. (NASDAQ:RAN) is set to IPO on March 13, offering shares at $5.50 each with a 180-day insider lock-up period ending on September 09, 2024. The company specializes in autonomous surface vessels for cleaning water pollutants and collecting water quality data.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 3:00 pm

AAPL

AMZN

GOOG

JPM

META

MSFT

NVDA

QQQ

SPY

TSLA

Inflation rates exceeded expectations, causing a brief dip in the stock market before the 'momo crowd' bought the dip, indicating a euphoric market phase. Jamie Dimon of JPMorgan Chase warns a recession is possible, suggesting a 70-80% chance of a soft landing but only half that for the next year or two. Early trade money flows show positive trends for AMZN, META, MSFT, NVDA, and TSLA, neutral for AAPL, negative for GOOG, and mixed for SPY and QQQ. The momo crowd is buying gold and selling oil, with smart money inactive in these trades.

Portfolio Pulse from The Arora Report

March 12, 2024 | 3:00 pm

NVDA

NVIDIA shares are trading higher, driven by the ongoing momentum in artificial intelligence (AI) technologies.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 2:58 pm

ENFN

Enfusion's shares surged following the announcement of Q4 revenue results that exceeded expectations, along with the company providing optimistic revenue guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 2:56 pm

GUTS

NVO

Fractyl Health Inc (NASDAQ:GUTS) released promising preclinical data for RJVA-001, a GLP-1 gene therapy candidate for treating obesity and T2D. The therapy showed durable effects in lowering blood sugar and body weight in a mouse model, moving closer to IND enablement. Novo Nordisk's (NYSE:NVO) semaglutide, a current treatment for weight loss and diabetes, is mentioned for comparison. Fractyl Health plans to progress RJVA-001 through toxicity studies in 2024 and start human trials in 2025. GUTS shares dropped 10.9% to $7.06.

Portfolio Pulse from Vandana Singh

March 12, 2024 | 2:53 pm

CRBP

Corbus Pharmaceuticals Holdings' shares surged following the announcement of their Q4 earnings per share (EPS) results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 2:52 pm

UAL

At the J.P. Morgan Industrials Conference, the CEO of United Airlines revealed that Boeing has halted the production of Max 10 aircraft specifically for United Airlines. This development could have implications for both companies' operations and stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 2:51 pm