Streetbeat News

Stock Prices

CCL

DIA

GLBE

GLD

GME

HIMS

JBL

KEYS

MRNA

NCLH

NDSN

PANW

QQQ

RCL

SPY

ULS

WIX

ZM

Wall Street saw major indices reach new record highs, with the S&P 500, Nasdaq 100, and Dow Jones all posting gains. Gold hit a new all-time high, while cruise stocks rallied significantly. GameStop saw a sharp decline. Key movers included Moderna, Jabil, Hims & Hers Health, and Wix.com. Several companies are set to report earnings after the market close.

Portfolio Pulse from Piero Cingari

May 20, 2024 | 5:34 pm

LLY

Eli Lilly and Co (NYSE:LLY) has significantly outperformed the market over the past 5 years, with an annualized return of 46.32%. A $100 investment in LLY 5 years ago would now be worth $670.53. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 5:30 pm

PH

Parker Hannifin (NYSE:PH) has significantly outperformed the market over the past decade, delivering an average annual return of 15.99%. A $100 investment in PH stock 10 years ago would be worth $440.61 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 5:30 pm

FFIE

GTBP

MMV

VIRI

Virios Therapeutics shares fell 47.6% after pricing a $1.7 million public offering. Other notable movers include MultiMetaVerse Holdings, GT Biopharma, and Faraday Future Intelligent Electric, among others.

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 5:28 pm

INST

JPM

Instructure Holdings Inc (NYSE:INST) shares surged following reports that Thoma Bravo is exploring a sale of the company. Thoma Bravo, which owns 83% of Instructure, has engaged JP Morgan Chase & Co (NYSE:JPM) to gauge interest from potential buyers. Instructure's stock has underperformed since its IPO, despite recent revenue growth.

Portfolio Pulse from Adam Eckert

May 20, 2024 | 5:21 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares have surged over 40% in the past week amid a meme stock revival, driven by Keith Gill's return to social media. Despite the rally, analysts remain cautious, with some predicting a significant fall in the stock price due to planned share issuance and declining fundamentals.

Portfolio Pulse from Erica Kollmann

May 20, 2024 | 5:20 pm

PWSC

PowerSchool shares are trading higher following a report suggesting the company has drawn takeover interest from Warburg Pincus and is also in talks with Bain Capital about a buyout.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:18 pm

AMZN

GOOGL

TikTok is testing hour-long video uploads, allowing some users to post videos up to 60 minutes long. This move aligns TikTok more closely with platforms like YouTube and Twitch, which are owned by Alphabet Inc. and Amazon.com Inc., respectively.

Portfolio Pulse from Franca Quarneti

May 20, 2024 | 5:10 pm

MSFT

Microsoft's Yusuf Mehdi announced that GPT-4o will soon be available in Copilot during a press conference.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 5:10 pm

DASH

HD

LOW

Lowe's Companies Inc (NYSE:LOW) is set to report its first-quarter financial results, with analysts expecting lower revenue and earnings per share compared to last year. Key items to watch include foot traffic, seasonal demand, and a new partnership with DoorDash (NASDAQ:DASH). Lowe's stock performance is currently trailing Home Depot (NYSE:HD) over the past year.

Portfolio Pulse from Chris Katje

May 20, 2024 | 5:08 pm