Streetbeat News

Stock Prices

AMD

Advanced Micro Devices (NASDAQ:AMD) has significantly outperformed the market over the past 5 years, with an average annual return of 39.05%. A $100 investment in AMD 5 years ago would now be worth $506.89. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:01 pm

HPE

In the last three months, 12 analysts have published ratings on Hewlett Packard Enterprise (NYSE:HPE), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased to $20.75, reflecting a 22.06% rise from the previous average. Analysts have raised their price targets, indicating a positive outlook for HPE.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:01 pm

HOOD

Over the past three months, 21 analysts have evaluated Robinhood Markets (NASDAQ:HOOD), with a range of opinions from bullish to bearish. The average 12-month price target has increased to $21.95 from $18.31. Recent analyst actions include several rating raises and price target adjustments, reflecting positive sentiment towards the company's financial performance and growth prospects.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:00 pm

LPRO

Over the past three months, five analysts have provided ratings for Open Lending (NASDAQ:LPRO), with opinions ranging from bullish to bearish. The average 12-month price target has decreased by 5.51% to $7.2. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Open Lending faces challenges in revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:00 pm

SOFI

Eight analysts have recently evaluated SoFi Techs (NASDAQ:SOFI), revealing a range of outlooks from bullish to bearish. The average 12-month price target is $9.06, with a high of $12.00 and a low of $3.00. Recent analyst actions include rating adjustments and price target changes, reflecting diverse perspectives on SoFi's market standing.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 6:00 pm

AEM

AMC

BRZE

DIA

DOCU

FCX

GME

IOT

MTN

NEM

QQQ

SPY

TLT

UUP

XLB

XLF

Wall Street hit record highs on Friday following a stronger-than-expected jobs report. Non-farm payrolls increased by 272,000 in May, surpassing expectations. This led to a reassessment of rate-cut hopes, causing bond yields to rise and fixed-income markets to drop. The S&P 500 and Nasdaq 100 reached new highs, while small caps fell. The U.S. dollar index rallied, pressuring commodities like gold and silver. Major ETFs and stocks had mixed performances, with notable declines in GameStop, AMC, and mining stocks.

Portfolio Pulse from Piero Cingari

June 07, 2024 | 5:54 pm

BITF

BTDR

MARA

Bitcoin is poised for a potential rally to new all-time highs, with a peak target of at least $120,000 during the current cycle, according to 10x Research. Key factors include global central bank easing, institutional inflows, and macroeconomic conditions. However, challenges such as a sharp decline in Ether prices and disappointing demand for Ethereum ETFs could impact Bitcoin's trajectory. The report also recommends investing in Bitcoin miners like Bitfarms, Bitdeer, and Marathon Digital for beta exposure.

Portfolio Pulse from Murtuza Merchant

June 07, 2024 | 5:54 pm

BABA

Alibaba Group Holding Ltd (NYSE:BABA) has released Qwen 2, an updated version of its AI model, receiving positive feedback from Citron Research. Citron's Andrew Left highlighted the potential for Alibaba's shares to attract mainland buyers through Stock Connect by September 9. The new AI model, Qwen 2, claims to outperform OpenAI's GPT-4 in language skills and offers significant improvements in coding, mathematics, and multilingual support.

Portfolio Pulse from Michael Juliano

June 07, 2024 | 5:52 pm

BLNK

Blink Charging's (NYSE:BLNK) short interest has fallen by 5.17% since its last report, with 19.47 million shares sold short, representing 19.79% of its float. This is higher than the peer group average of 9.73%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:45 pm

STRL

Sterling Infrastructure (NYSE: STRL) has seen a 3.76% increase in its short percent of float, now at 4.41%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 4.95%. It would take traders 2.61 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 5:45 pm