Streetbeat News

Stock Prices

RPTX

Repare Therapeutics Inc. (NASDAQ:RPTX) announced that initial data from its Phase 1 MINOTAUR study on lunresertib (RP-6306) in combination with FOLFIRI for advanced solid tumors will be presented at the ESMO GI Cancers Congress 2024.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:19 am

FBTC

GBTC

IBIT

Bitcoin spot ETFs have seen record inflows of $14.9 billion year-to-date, with a notable shift in investor preference towards newer ETFs like BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund. Grayscale's Bitcoin Trust experienced significant outflows.

Portfolio Pulse from Murtuza Merchant

May 29, 2024 | 11:17 am

RIVN

Rivian Automotive (NASDAQ:RIVN) is considering offering its Performance Pack as a software update for all dual-motor R1 models. This upgrade, initially available only for new trucks, significantly enhances the vehicle’s power and speed. The Performance Pack, priced at $5,000, boosts horsepower and torque, improving acceleration times. Rivian's first-quarter revenue beat estimates, but its loss per share was higher than expected.

Portfolio Pulse from Anan Ashraf

May 29, 2024 | 11:14 am

BITF

Bitfarms has reaffirmed its confidence in its business operations and has provided guidance of achieving 21 EH/s and 21 w/TH by 2024.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:13 am

BITF

RIOT

Bitfarms Ltd. has rejected a buyout offer from Riot Platforms, Inc., citing undervaluation. The Special Committee is reviewing strategic alternatives to maximize shareholder value, including potential business combinations or a sale. Bitfarms continues to focus on its growth and efficiency targets for 2024.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:12 am

CHWY

Chewy shares are trading higher following better-than-expected Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:12 am

DKS

DICK'S Sporting Goods has raised its 2024 outlook, now expecting EPS of $13.35-$13.75 (previously $12.85-$13.25) versus an estimate of $12.90, and net sales of $13.1B-$13.2B (previously $13B-$13.13B) versus an estimate of $12.43B.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:09 am

CHWY

Chewy reported Q1 2024 adjusted EPS of $0.31, which may not be comparable to the $0.07 estimate. Sales were $2.88 billion, beating the $2.85 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:09 am

COP

MRO

Marathon Oil shares are trading higher after ConocoPhillips announced it will acquire the company.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:08 am

COP

ConocoPhillips plans to increase its dividend by 34% to $0.78 per share starting in Q4 2024 and expects to repurchase over $20 billion in shares within the first three years, with over $7 billion in the first full year.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:07 am