Streetbeat News

Stock Prices

CRDO

Credo Technology Group shares are trading higher after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $24 to $35.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:30 am

MQ

Marqeta shares are trading higher after Wells Fargo upgraded the stock from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:30 am

BA

SPR

Spirit AeroSystems Holdings shares are trading lower after Boeing proposed to acquire the company in a deal valuing the supplier at approximately $35 per share.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:30 am

SEDG

SolarEdge Technologies shares are trading lower following the announcement of a $300 million private offering of convertible notes due 2029.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:28 am

RIVN

Rivian Automotive (NASDAQ:RIVN) is recalling 666 R1 vehicles from model years 2022 and 2023 due to incorrect weight capacity labeling on tires. The company will send corrected labels to vehicle owners and is not aware of any accidents or injuries related to the issue. Rivian recently unveiled its second-generation R1 vehicles and aims to start production of a cheaper R2 model in 2026.

Portfolio Pulse from Anan Ashraf

June 25, 2024 | 11:27 am

SE

Sea shares are trading lower after JP Morgan downgraded the stock from Overweight to Neutral and lowered its price target from $84 to $78.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:26 am

BTCUSD

COIN

The German Government transferred 400 BTC, valued at approximately $24.34 million, to major cryptocurrency exchanges Coinbase Inc. (NASDAQ:COIN) and Kraken. This follows a previous transfer of 1,700 BTC to Coinbase, Bitstamp, and Kraken. The crypto community is closely monitoring these actions, which may influence short-term market dynamics.

Portfolio Pulse from Murtuza Merchant

June 25, 2024 | 11:25 am

POOL

Pool shares are trading lower after the company cut its FY24 EPS guidance due to declining year-to-date sales and lower-than-expected Q2 2024 revenues.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:24 am

GE

GE Aerospace shares are trading lower after its customer, Airbus, cut its 2024 targets.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:20 am

DOGEUSD

SHIBUSD

Pseudonymous trader Dark Crypto Lord discusses the challenging conditions in the current cryptocurrency market, highlighting the shift from long-term investments to speculative meme coins. He criticizes the tokenomics of new projects and the impact of venture capitalists dumping tokens. The FTX collapse has left a lasting negative impact, and the market now requires significant positive events to restore confidence.

Portfolio Pulse from Khyathi Dalal

June 25, 2024 | 11:18 am