Streetbeat News

Stock Prices

DAL

DPZ

FAST

JPM

WFC

U.S. stocks, including the S&P 500 and Dow Jones, fell from record highs due to inflation data and rising jobless claims. Domino's Pizza and Delta Air Lines reported mixed and downbeat earnings, respectively. Investors await earnings from JPMorgan, Wells Fargo, and Fastenal.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 7:39 am

AAPL

Apple Inc. (NASDAQ:AAPL) is reducing the interest rate on its Apple Card high-yield savings account to 4.10%, marking the third reduction this year. This change aligns with Federal Reserve rate adjustments and keeps Apple's offering competitive with other high-yield accounts.

Portfolio Pulse from Rounak Jain

October 11, 2024 | 7:31 am

UPB

Upstream Bio has priced its upsized IPO at $255 million, offering 15 million common shares at $17 each. The shares will trade on Nasdaq under the symbol 'UPB' starting October 11, 2024, with the offering expected to close on October 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:22 am

IVCA

Investcorp India Acquisition Corp. (IVCA) is advancing a $275 million business combination with Bigtincan, leading to the delisting of Bigtincan (BTH) from the ASX. The transaction aims to enhance Bigtincan's position in sales enablement and AI technologies.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:18 am

GM

TSLA

GM Energy, a subsidiary of General Motors, has launched the PowerBank, a home energy storage product, to compete with Tesla's Powerwall. The PowerBank offers two battery capacity options and is priced at approximately $11,000, excluding installation and taxes.

Portfolio Pulse from Anan Ashraf

October 11, 2024 | 7:01 am

BK

FAST

JPM

SSY

WFC

Investors are focusing on several key stocks as U.S. stock futures trade slightly lower. JPMorgan Chase, Wells Fargo, Fastenal, and Bank of New York Mellon are set to report earnings, while SunLink Health Systems announced a real estate sale.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 6:56 am

IMTX

Immatics has announced a public offering of 16.25 million common shares priced at $9.25 per share, aiming to raise $150 million.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:24 am

EWG

The German Consumer Price Index (CPI) for September remained steady at 1.6% year-over-year, matching both the previous month's figure and market expectations.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:06 am

EWU

The U.K. trade balance with non-EU countries improved in August, showing a deficit of -4.95 billion compared to a revised -6.85 billion in the previous period.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:04 am

EWU

The U.K. trade balance for August showed a deficit of £15.06 billion, which is better than the estimated £18.80 billion and the revised prior figure of £18.87 billion.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 6:04 am