Streetbeat News

Stock Prices

BYON

Beyond (NYSE:BYON) has seen its short percent of float rise by 18.73% since its last report, with 3.81 million shares sold short, representing 8.43% of all regular shares available for trading. This increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 6:30 pm

TELL

Tellurian Inc. (AMEX:TELL) shares are trading higher amid reports of potential investments from Saudi Aramco and Woodside Energy Group in its LNG export project in Louisiana. The stock initially spiked 30% but has since given back some gains. 20.79% of Tellurian shares are being sold short, contributing to large price movements.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 6:29 pm

DNN

UEC

Stocks of uranium companies are trading lower due to reports that Russia is seeking to take over Niger's uranium assets.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 6:28 pm

MVST

Microvast Holdings, Inc. (NASDAQ:MVST) shares are trading higher after announcing a $25 million corporate loan facility, with an initial $12 million draw. The loan, provided by the company's founder and CEO Yang Wu, will support U.S. operations. The company has streamlined operations, including workforce reductions, to ensure long-term sustainability. Despite a recent 45.13% drop in stock price over the past three months, Wall Street analysts generally view the stock as a Buy.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 6:27 pm

FGEN

REGN

FibroGen Inc (NASDAQ:FGEN) announced that the FDA cleared its Investigational New Drug (IND) of FG-3165, allowing the company to initiate a Phase 1 clinical trial. Additionally, FibroGen entered into a clinical trial supply agreement with Regeneron Pharmaceuticals Inc (NASDAQ:REGN) to evaluate FG-3165 and FG-3175 with Regeneron's anti-PD-1 therapy LIBTAYO in patients with solid tumors. Despite an initial 14% rise, FibroGen shares were down 1.63% at $1.21 at the time of publication.

Portfolio Pulse from Adam Eckert

June 04, 2024 | 6:27 pm

DOGEUSD

OPUSD

PEPEUSD

Pseudonymous trader Crash revealed a million-dollar profit from leveraged trades on cryptocurrencies, including Dogecoin (DOGE), Pepe (PEPE), Big Time (BIGTIME), and Kaspa (KAS), while also reporting a loss on Optimism (OP). He cautioned against leverage trading due to its high risks and potential for significant losses.

Portfolio Pulse from Khyathi Dalal

June 04, 2024 | 6:26 pm

SPY

President Biden delivered remarks that could have implications for the stock market. The speech may influence investor sentiment and market movements.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 6:22 pm

COIN

Coinbase Global Inc. (NASDAQ:COIN) shares are surging, coinciding with a rise in Bitcoin prices. Bitcoin has climbed approximately 2% in the past 24 hours and is up more than 4.25% over the past week. The positive momentum in crypto markets is driving buying interest in crypto-related stocks like Coinbase, which was up about 6%. Bitcoin spot ETFs have also seen significant inflows, contributing to the bullish sentiment.

Portfolio Pulse from Vaishali Prayag

June 04, 2024 | 6:19 pm

CSCO

Cisco Systems Inc (NASDAQ:CSCO) shares are rising as Cisco Investments launches a $1 billion AI investment fund to support startups and enhance secure AI solutions. The fund has already allocated nearly $200 million, with further investments planned. Cisco aims to leverage AI to enhance its products and services, aligning with its long-standing innovation strategy.

Portfolio Pulse from Shivani Kumaresan

June 04, 2024 | 6:16 pm

SEZL

Sezzle will join the Russell 2000 and Russell 3000 indexes following the 2024 Russell US Indexes reconstitution, effective July 1.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 6:11 pm